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Reporter : Kim Hyun-bin
Fri, July 1, 2022 | 02:26
Samsung, SK compete to recruit semiconductor experts
Samsung Electronics and SK hynix are competing fiercely to attract and retain semiconductor experts by increasing compensation and benefits, according to company officials Thursday.
Yoon visits POSCO's Gwangyang steel plant
President-elect Yoon Seok-yeol, left, stands next to POSCO Group Chairman Choi Jeong-woo during his visit to the steelmaker's plant in Gwangyang, South Jeolla Province, Thursday. Courtesy of POSCO Holdings
Stronger partnership with US needed to help Korea become business hub in Asia: AMCHAM
The American Chamber of Commerce in Korea (AMCHAM Korea) hosted the fourth AMCHAM Doing Business in Korea Seminar under the theme, “Korea at the Crossroads: Key Innovation Agenda for the New Korean Government,” which featured presentations and panel discussions focusing on suggestions the incoming presidential administration should examine in order to establish Korea as a reg...
Hyundai Heavy chairman urges preparation for worst-case scenarios
Hyundai Heavy Industries (HHI) Group Chairman Kwon Oh-gap stressed the need to adapt speedily to the rapidly changing global business environment during a meeting with affiliate CEOs, Monday, as global uncertainties such as inflation, the lockdown in Shanghai and the Russia-Ukraine crisis have impacted the group negatively.
Korean Air chief complains gov't 'too slow' to lift pandemic flight restrictions
Korean Air Chairman Cho Won-tae is urging the government to lift all COVID-19 restrictions concerning air travelers, saying in a recent interview that Korea is reopening too slowly to meet soaring travel demand.
KCCI, FKI compete to host Biden during state visit
The Korea Chamber of Commerce & Industry (KCCI) and the Federation of Korean Industries (FKI), are scrambling to host U.S. President Joe Biden during his expected visit to Korea in May as the country's two leading business lobby groups compete for prominence under the incoming Yoon Suk-yeol administration, according to industry officials, Monday.
Will Samsung Lee Jae-yong take chairman post?
The prison term of Samsung Electronics Vice Chairman Lee Jae-yong, who was released on parole last year, is set to end on July 29, and all eyes are on whether he will be appointed as the chairman of the country's leading conglomerate.
More overseas flights resume, airfares fall
From 2020 airlines suffered a major reduction in their passenger business due to the ongoing COVID-19 pandemic. But recently, with the easing of some quarantine measures, they have been taking steps to normalize their business by resuming or increasing overseas routes.
Hyundai Motor chairman named auto industry 'Visionary of the Year' by Newsweek
Hyundai Motor Group Chairman Chung Euisun won the “Visionary of the Year” award at the inaugural Newsweek World's Greatest Auto Disrupters event, Wednesday in New York. The award recognizes agents of change in the automotive industry who are shaking up the field, using technology in ways that will profoundly and positively impact people's lives.
Samsung pressured to raise employee salaries
Samsung Electronics is under growing pressure to hike employee wages by more than it had planned initially, as Kakao, Naver, LG and other companies have increased employee salaries by double digits, according to industry watchers Tuesday.
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