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Mon, August 15, 2022 | 19:06

Samsung Electronics CEO accepts unions' request for talks

Samsung Electronics is now more likely to avoid the first-ever strike in its 53-year history, as the company's management told its union on Friday that one of its co-CEOs will meet workers in early March to resume wage negotiations.

Park Jae-hyuk | 2022-02-25 16:54

Kakao CEO nominee vows to regain public trust

Namkoong Whon, the CEO nominee for Kakao, vowed Thursday that the company will actively pursue entry into overseas markets and new businesses such as the metaverse in order to restore lost trust from shareholders and app users.

Baek Byung-yeul | 2022-02-24 16:52

Moon's renewable energy push faces backlash

The Moon Jae-in administration's drive to increase the use of solar, wind and other renewable energy has been facing resistance from farmers, fishermen and environmental activists after spawning a range of side effects, according to critics, Tuesday. Fishermen are protesting the installation of wind power generators in the sea citing harm to the marine ecosystem and endangeri...

Baek Byung-yeul | 2022-02-22 16:31

Former Nvidia data scientist joins LG Energy Solution

A renowned expert in machine learning joined LG Energy Solution (LGES) in its newly created position of chief digital officer (CDO), the company said Monday.

Park Jae-hyuk | 2022-02-21 11:19

Kakao Mobility hit by presidential candidates for high fees

Kakao Mobility has been targeted by leading presidential candidates ahead of the March 9 presidential election.

Baek Byung-yeul | 2022-02-18 15:34

Global DRAM shipments, prices down in Q4: report

Global DRAM shipments dropped nearly 6 percent in the fourth quarter of 2021 from three months earlier, a report showed Friday, amid sluggish demand from manufacturers that had hoarded up the key consumer electronics component to cope with continued chip shortages.

2022-02-18 14:02

New BESPOKE appliances

Lee Jae-seung, president and head of Samsung Electronics' digital appliances business, poses with the company's new BESPOKE home appliances at a company store in Seoul, Thursday. The company launched its BESPOKE Infinite premium line, which includes kitchen appliances such as ovens, induction cooktops, dishwashers, refrigerators and range hoods. Courtesy of Samsung Electronics

Baek Byung-yeul | 2022-02-17 16:39

LG Energy Solution acquires US energy storage system integrator

LG Energy Solution (LGES) completed the acquisition of a 100 percent stake in NEC Energy Solutions, a U.S.-based energy storage system (ESS) integrator, from its parent, Japan's NEC Corporation, the Korean firm said Thursday.

Park Jae-hyuk | 2022-02-17 14:16

ICT minister calls for telecoms' cooperation on dispute over additional 5G frequencies

Science and ICT Minister Lim Hye-sook met with the heads of the three major South Korean telecom operators to discuss a dispute over additional 5G network frequency bands, and urged cooperation in providing better network services for consumers.

2022-02-17 11:24

Startup founder from Cameroon finds Korea's potential as global green business hub

Tichaa Johnson Penn, CEO of EcoLinks, a platform for solar energy projects linking investors and constructors, first came to Korea in 2017 as an international student from Cameroon through a Korean government scholarship program. Johnson said he did not really know much about Korea when he was back in Cameroon, other than the fact that Korea is where Samsung Electronics and L...

Jung Da-min | 2022-02-16 16:17

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