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Industry/Energy > Electronics
Prof. Yoo Sang-hee of Dong-eui University's Economics Department took office as the 7th chairman of Korea Power Exchange (KPX).(Photo:KPX) Prof. Yoo Sang-hee of Dong-eui University’s Economics Department has been elected as the 7th chairman of Korea Power Exchange (KPX). He took office at the KPX …
Samsung Electronics Co., Ltd. on April 26 announced revenues of 52.87 trillion won on a consolidated basis for the first quarter ended March 31, 2013, a 6 percent decrease from the previous quarter. Consolidated operating profit for the quarter reached 8.78 trillion won, representing a 1-percent dec…
The Korean display industry aims at raising display exports from $35 billion in 2012 to $50 billion in 2015 and getting a jumpstart in the global next-generation display market. These are contained in “Vision 2015,” which the Korean display industry unveiled at a ceremony to celebrate the thi…
Samsung Electro-Mechanics (SEM) President & CEO Choi Chi-joon has grabbed the Chung Jin-ki Media & Culture Award 2012 Grand Prize for his leading role in the development of the multi-layer ceramic capacitor (MLCC). Choi has been credited with transforming the MLCC business into one of S…
Samsung Electro-Mechanics (SEM) President & CEO Choi Chi-joon has grabbed the Chung Jin-ki Media & Culture Award 2012 Grand Prize for his leading role in the development of the multi-layer ceramic capacitor (MLCC). Choi has been credited with transforming the MLCC business into one of S…
Samsung Electronics announced on Aug. 7 the release of the Galaxy Note 10.1 in Germany, the United Arab Emirates, and other European and Middle Eastern countries. This is the latest version of the Galaxy Note, a new concept combining smartphone and tablet, which has created a sensation with its supe…
Samsung Electronics and Apple have not yet reached an out-of-court settlement during their second round of closed negotiations in the ongoing patent war between the global smart phone and tablet juggernauts. Samsung CEO Choi Gee-sung, now chief of Samsung Group Future Strategy Office, accompani…
The LS Group has turned to exploring new growth engine industries such as the smart grid and electric vehicles that will drive the business group down the road. The conglomerate recognizes that now is the right time to do so since new technologies based on the green and smart grid industries ha…
Hyundai Mobis set up its China headquarters and tapped Managing Director Chang Kook-hwan to head it in a large-scale reform of the company’ s operation designed to place it among the top five auto parts makers in the world by 2020 under its ‘2020 Global Auto Parts Top Five’  plan. The strate…
Samsung Electronics has not yet surpassed Apple or completely outstripped Nokia, but Samsung’s positive, young talents will ultimately put Samsung smartphones in the top position globally,” Shin Jong-kyun, president in charge of the Information and Mobile Communications business at the Korean elec…
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Economy/Finance
Dir. Gen. Kim Yoon-kyung of the International Financial Cooperation Bureau at the Ministry of Strategy and Finance (MOSF). (Photo: MOSF) Deputy Prime Minister Yoo will deliver a speech at an opening session of the Board of Governors in which he is e…
Gov. Lee Ju-yeol of the Bank of Korea. Gov. Lee Ju-yeol of the Bank of Korea cautioned that increases in exports due to optimistic economic views across the country cannot be sustainable due the protectionist sentiments in some major importer countr…
Chairman Lee Dong-geol of Korea Development Bank Group.(Photo: KDB) Korea Development Bank (KDB) has been at the forefront of ushering in the 4th Industrial Revolution by helping build a new “growth intelligence system” and strengthen financial lo…
President Gwak Bum-gook of Korea Deposit Insurance Corp. Korea Deposit Insurance Corp. (KDIC) paid 504 million won to compensate an informer to locate hidden assets of a savings bank, which is the largest ever amount paid by the company since its es…


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