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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…
KT Chairman Hwang Chang-gyu.(Photos:KT) "We’ll set aside 13 trillion won by 2020 to spearhead the Fourth Wave of Industrial Revolution,” KT Chairman Hwang Chang-gyu declared. Chairman Hwang made the remark at a meeting with reporters at the KT office building in Gwanghwamun, downtown Seoul, on Se…
LG U+ Chairman Lee Sang-cheol.Models show off LG U+’s IoT services that enjoy popularity.(Photos:LG U+)LG U+’s home Internet of Things (IoT) services have enjoyed explosive popularity, as the number of subscribers has topped 20,000 people in the 40 days since its debut.LG U+ said on Sept. 15 that …
KT Chairman Hwang Chang-gyu.Yoon Kyung-lim, head of KT’s Future Convergence Business Office, explains the facilities of the GiGA IoT Business Cooperation Center in Pangyo, Gyeonggi-do, on Aug. 25 in which KT held a ceremony to inaugurate the alliance on Aug. 25.(Photos:KT) KT has teamed up with 10…
KT has succeeded in commercializing so-called GiGA LTE, which is 15 times faster than the conventional Long Term Evolution (LTE) network.   KT launched the GiGA LTE service that offers a maximum download speed of 1.17 Gbps —15 times faster than the existing LTE and four times faster than…
President Nam Chang-hyun of Chungbuk Technopark.(Photo:NewsWorld)  A little more than a decade has passed since Chungbuk Technopark was established with the goal of exploring new growth engines and nurturing “global hidden champions” in the Chungcheongbuk-do area. Chungbuk Technopark ha…
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Business/Company
<사상 처음으로 온라인으로 진행된 '갤럭시 언팩 2020'에서 삼성전자 무선사업부장 노태문 사장이 '갤럭시 노트20 울트라'를 소개하는 모습>삼성전자는 8월 5일.  처음으로 온라인을 통해 '삼성 갤럭시 언팩 2020' 행사를 열고, 역대 가장 강력한 성능의 '갤…
이재용 삼성전자 부회장은 30일 삼성전자 온양사업장을 찾아 차세대 반도체 패키징 기술개발 로드맵 등 중장기 전략을 점검한 후, 간담회를 갖고 임직원들을 격려했다. 이재용 부회장이 온양사업장을 찾은 것은 지난해 8월 이후 두번째로, 이 부회장은 이날 A…
<롯데지주는 7월 17일, 서울 잠실에 위치한 롯데월드타워에서 롯데지주 노사협의회 위원 10명이 참석한 가운데 ‘롯데지주 노사협력 선언식’을 진행했다. 롯데지주 사용자 대표 송용덕 부회장(우측)과 근로자 대표 김봉세 수석(좌측)이 노사협…
Samyang Group Chairman Kim Yoon.Samyang Group plans to reinvent fundamentals to cope with the new normal, prompted by the spread of COVID-19. The group’s keywords are the upgrading of its business structure and digital innovation.Samyang Holdings Ch…


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