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IT/Science
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¡¦
KT Chairman Hwang Chang-kyu talks with an Ericsson executive during his tour to the global telecommunications maker in which KT agreed to cooperate in the development of 5G technology. KT Chairman Hwang and Ericsson executives pose for a group photo session.(Photos:KT) KT is collaborating with such¡¦
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Business/Company
Nongshim CEO Jo Yong-chul makes a presentation on the success of Shin Ramyun at Lotte Hotel in Seoul on May 13. (Photos: Nongshim)Nongshim announced on May 13 that cumulative sales of Shin Ramyun, which marks its 40th anniversary this year, surpassed¡¦
Chairman Cho Won-tae of Hanjin Group. Korean Air has gotten a lot of ¡°love¡± from financial markets, in particular for the brainchild of the merger, Chairman Cho Won-tae of Hanjin Group. The historic M&A with Asiana Airlines is evaluat¡¦
A view of Samsung Electronics Suwon Digital City. (Photo: Samsung Electronics)Labor and management of Samsung Electronics reached a tentative agreement on incentives at the last minute on May 20, averting a strike one and half hours before the deadli¡¦
Hyundai Motor Vice Chair Chang Jae-hoon (right) poses for a photo with Vice Minister of Trade, Industry and Resources Moon Shin-hak at the 23rd Automobile Day Event on May 12.Hyundai Motor Group Vice Chair Chang Jae-hoon won the Gold Tower Order of I¡¦


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