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IT/Science
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 (…
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…
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…
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…
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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Economy/Finance
Chairman Han Dong-woo of Shinhan Financial Group. Shinhan Financial Group's net profit surpassed 2 trillion won for the second year in a row, the company said recently. The group posted 2.37 trillion won ($1.91 billion) in net profit last year, up 1…
Chairman Kim Jung-tae of Hana Financial Group. Hana Financial Group posted 1.345 trillion won in net profit in 2016, up nearly 50 percent year-on-year, the group said on Jan. 24. It’s the largest net profit since Hana Bank merged with Korea Exchang…
Chairman Yoon Jong-kyoo of KB Financial Group. KB Financial Group’s saw its share price outstrip its rival Shinhan Financial Group in January for the first time in four years. KB Financial’s shares jumped 2.66 percent as of the close on Jan. 25 to…
Chairman Kim Yong-hwan of NH Financial Group shakes hands with a staff as he visits the NH  Investment and Securities Co. head office with President Kim Won-kyu of the securities affiliate of the group behind him.(Photo: NH Financial Group) NH …


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