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Samsung SDS President Hong Won-pyo speaks at the Money 2020 Europe, Europe’s largest FinTech event in Copenhagen, Denmark last year June 27. (Photo: Samsung SDS)Samsung SDS, a leader in the system integration industry, is accelerating efforts to explore such new businesses as blockchain, AI, cloud,…
Serra do Air Wind Farm (Photos : Adelino Oliveira for EDP)Abogalheira Wind Farm, Portugal Europe's westernmost country makes one of the most efficient wind towers in the world. ASM Energia produces, in the north of Portugal, wind towers exported to Europe and South America. 95% of the company's out…
Beta-i founders (left to right): Tiago Pinto (Head of Money & People), Pedro Rocha Vieira (CEO), Ricardo Marvao (Head of Global Resources) and Manuel Tanger (Head of Innovation & Corporate Acceleration) Portugal is one of Europe’s most vibrant tech and entrepreneurship ecosystems. Software…
Models promote NUGU, an artificial intelligence service based on voice recognition technology, SK Telecom has introduced. (Photo: SK Telecom) SK Telecom has introduced NUGU, an artificial intelligence (A.I.) service based on voice recognition technology, to make A.I. an important part of our daily …
Superstars, including Hellovenus Nara and comedian Park Myung-soo, participate in an event to celebrate the release of the Samsung Electronics’ Galaxy Note 7 at its Gangnam outlet at T World on Aug. 19. (Photo: SK Telecom) SK Telecom held an event to celebrate the release of the Samsung Electronic…
LG U+ CEO & Vice Chairman Kwon Young-soo. LG U+ said it will provide a built-in smart home IoT system to 1,000 officetel units in the Seoul metropolitan area, which are to be built by Taerim Synthesis Construction.  Outfitted with LG U+’s home IoT system will be “Taerim the Kkulium Offi…
KT Chairman Hwang Chang-gyu. KT achieved an earnings surprise by posting a higher-than-expected 400 billion won operating profit in the second quarter of this year in four years.  The nation’s second largest telecom service provider saw average revenue per user (ARPU) top the Korean market, …
Crew work at LG Chem’s first polarizer production line in Ochang, Chungcheongbuk-do. LG Chem is ramping up R&D to help each business division lead the related global market with a focus on strengthening the competitiveness of its conventional businesses.  The Basic Materials & Chemic…
Samsung SDS has released the Cello VWS solution. (Photo:Samsung SDS) Senior Consultant Lee Kwang-hoon of the Strategic Logistics Business at Samsung SDS demonstrated the “Cello Virtual Warehouse (VWS)” solution at the Cello Conference 2016 at its headquarters in Jamsil, southeastern Seoul, on Mar…
A consortium led by KT aims to become Korea’s first internet bank. It said the bank would boast a competitive advantage of making the most of big data. The consortium, dubbed “K Bank,” will lower costs based on big data collected from such areas as financing, communications and retail. Thi…
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Economy/Finance
President Kim Do-jin of the Industrial Bank of Korea(IBK). (Photo: IBK)The Industrial Bank of Korea (IBK) logged the largest first half net profit since 2011 at 937.2 billion won, up 17.2 percent year-on-year, the bank announced on July 26. The net p…
President Sohn Tae-seung of Woori Bank. (Photo: Woori Bank)Woori Bank is on track to accomplish the seven management tasks laid out by Chairman Sohn Tae-seung when he took over the helm of the bank last December.The tasks included securing a foundati…
Chairman Kim Kwang-soo of NH Financial Group. (Photo: NHFG) NH Financial Group has been pushing globalization and digitalization as the two main points of its management strategy this year, with a special emphasis on globalization as the initial year…
Chairman Eun Song-soo of the Import and Export Bank of Korea(Korea Eximbank),left, beams after signing an EDCF loan agreement with Chairman Tarek Gamal El-Din Galal of the Egyptian Authority for Tunnels on Aug. 28 at Korea Eximbank’s Seoul head offi…


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