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KT Corp. Chairman Lee Suk-chae declared his company’s new vision of becoming a global media distributor selling virtual goods.Lee unveiled the vision for the second phase of KT’s “olleh” management, named after a company brand, at a news conference on March 19. He was recently given the green li…
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Doosan Corp. Chairman Park Yong-man, Hyosung Corp. President Jung Yun-taek, and Samil Spinning Co. Chairman Ro Hee-chan were awarded the Order of Industrial Service Merit, Gold Tower, at the Commerce Day anniversary ceremony in Seoul on March 21.The three were among 247 people who won orders and oth…
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The National Science & Technology Commission (NSTC) is seeking to restructure government-supported research institutes (GRIs) in order to boost information exchange and convergence study by tearing down their barriers.“Korea is on the threshold of becoming an advanced economy. Now is the time (…
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In an era of convergence, an individual technology is less significant, but convergence technologies do matter, and manpower and policy need to be complemented with each other ,” said Park Sang-Dai, president of the Korean Federation of Science and Technology Societies (KOFST). “We’re now ba…
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LG U+ Vice Chairman Lee Sang-chulLG U+ Vice Chairman Lee Sang-chul said one of the 2012 national buzzwords would be "sharing," saying, "The demand for sharing in all segments of society is getting stronger, so unless the demand is fully met, politics, companies or what else can be isolated by people…
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KT Chairman Lee Suk-chae announces a plan to introduce a full-fledged 4G Long Term Evolution (LTE) service across the nation. (right, above) Models show off the latest LTE handset versions.KT Corp. will launch a full-fledged 4G (Fourth Generation) LTE (Long Term Evolution) service, adopting a new co…
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Choi Jae-you, assistant chairman of the Broadcasting and Communications Convergence Policy Office at the Korea Communications Commission (KCC)The Korea Communications Commission (KCC) has put forth its fullest efforts to ramp up the competitiveness of the Korean smart TV industry, assist in the soli…
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Vice Chairman & CEO Kim Jung-soo of Samyang Foods. (Photo: Samyang Foods)Samyang Foods saws sales surpass 2 trillion won in sales for the first time since its founding. It came two years after the company posted 1 trillion won in sales in 2023.&n…
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Chmn. Koo Ja-kyun of LS ELECTRIC. (Photo: LS ELECTRIC)Seven subsidiaries of LS Group, including LS ELECTRIC and LS MnM, participated in InterBattery 2026 at COEX in Gangnam-gu, Seoul, from March 11 to March 13 and demonstrated their future strategy b…
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LG Electronics unveils its comprehensive heating, ventilation and air conditioning (HVAC) portfolio at Mostra Convegno Expocomfort (MCE) 2026, which took place in Milan, Italy, from March 24-27. (Photo: LG Electronics)LG Electronics (LG) is showcasin…
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Chairman Cho Won-tae of Hanjin Business Group delivers his commemorative speech at a ceremony to celebrate the 57th anniversary of Korean Air’s founding on March 3.Chairman Cho Won-tae of Hanjin Business Group delivered his commemorative speech at a…
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