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LG U+ Chairman Lee Sang-cheol.LG U+ has come up with a data-based price system. (Photos:LG U+)  LG U+ Chairman Lee Sang-cheol’s high profile on the global stage has been drawing public spotlight of late, particularly when it comes to publicizing that his company aims to become a “N…
KT Chairman Hwnag Chang-kyuDignitaries, including President Park Geun-hye and KT Chairman Hwang Chang-kyu, cut the ribbon to open the Gyeonggi Creative Economy and Innovation Center.(Photos:Cheong Wa Dae) The Pangyo Techno Valley, the nation’s largest IT industrial complex, will be converted into …
Models promote products whose charges are based on only data use, which was introduced by KT for the first time in Korea.(Photo:KT)KT has become the first Korean telecom service provider to introduce a data-based selective charging system in which subscribers are allowed not only to choose monthly f…
LG G4 smartphone released by LG Electronics. (Photo:LG Electronics) LG Electronics (LG) unveiled its eagerly anticipated LG G4 smartphone on April 29, and launched events in New York, London, Paris, Singapore, Istanbul and Seoul. Approximately 1,000 guests around the world gathered to view the new …
LG U+ Vice Chairman Lee Sang-cheol speaks at a meeting with reporters at the World Mobile Congress 2015 in Barcelona, Spain on March 3. (Photo:LG U+) LG U+ Vice Chairman Lee Sang-cheol said, “The evolvement of the Internet of Things (IoT) will take shape into a replacement of the brain of human be…
Models at SK Telecom booth show off the latest credit card “Smart Stamp” during the World Mobile Congress 2015.(Photo:SK Telecom) SK Telecom President Jang Dong-hyun said his company will explore new growth engines in the internet of things (IoT) field in cooperation with start-up companies and i…
KT Chairman Hwang Chang-gyu gives a keynote speech at the Mobile World Congress 2015 being held in Barcelona, Spain on March 3.(Photo:KT) KT Chairman Hwang Chang-gyu said, “The introduction of 5G, the fifth generation of mobile network, will increase 1,000 times in transmission speed and volumes, …
President Chung Jae-hoon of the Korea Institute for Advancement of Technology speaks at a ceremony to open the 2014 Technology Commercialization Convention kicked off at the K Seoul Hotel on July 2 to spur technology commercialization and share industrial technology.    The…
The Ministry of Science, ICT and Future Planning (MSIP), the Ministry of Security and Public Administration (MSPA), and the National Intelligence Service (NIS) jointly sponsored a ceremony to celebrate the 3rd anniversary of Information Security Day at the Seoul Jamsil Lotte Hotel on July 9. Roughl…
KT Chairman Hwang Chang-gyu (photo: courtesy of KT) KT Chairman Hwang Chang-gyu convened a meeting with the CEOs of KT subsidiaries, the first such gathering since his inauguration, at the KT headquarters in Bundang, south of Seoul, on April 17 in which he stressed what he calls “Single KT” manag…
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Economy/Finance
A key group of executives of Hana Financial Group led by Chairman Kim Jung-tae,3rd L, including President Ham Young-joo of KEB Hana Bank, 2nd L, and President Kim Dong-hwan of Hana Ventures Co., 3rd R, cut the tape to open the launching ceremony for …
Chairman Park Hyeon-joo of Mirae Asset Group.Mirae Asset Daewoo took over a new logistics center being run by Amazon, the largest e-commerce firm in the world, for $78 million on Dec. 26 from its owner the USA Real Estate Co., the company said. The d…
A view of the building in Seoul where NH Financial Group.Chairman Kim Gwang-soo of NH Financial Group. (Photos: NHFG)Chairman Kim Gwang-soo of NH Financial Group said the group’s overseas earnings would amount to around 100 billion won by 2022 as th…
Chairman Yoon Jong-kyoo of KB Financial Group. (Photos: KBFG)Chairman Yoon Jong-kyoo of KB Financial Group said in his New Year’s address that 2019 should the year that the financial group consolidates its position as the top financial group in the …


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