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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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President & CEO Lee Young-jun of Lotte Chemical. (Photos: Lotte Chemical)“We have to set reform and improvement milestones faithfully and carry out not only long-term global business restructuring but also a business structure shift of domestic …
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President Kim Jong-chool gives his inaugural speech as he took office as KAI’s 9th president of KAI at an inauguration ceremony at KAI headquarters in Sacheon, Gyeongsangnam-do, on March 19. (Photos: KAI)Under the leadership of new President Kim Jon…
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(From left) Czech Deputy Prime Minister and Minister of Industry and Trade Karel Karel Havlíček, Son Seung-woo, Head of Doosan Enerbility’s Power Services Business Group, Daniel Procházka, COO of Doosan Skoda Power, and Kim Jeong-kwan…
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Minister of Climate, Energy and Environment Kim Sung-hwan gets a briefing on electrode boiler from KDHC CEO Jeong Yong-ki as he toured KDHC’s branch in Hwaseong, Gyeonggi-do, on March 11. Korea District Heating Corp. (KDHC) has built a communit…
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