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Biz & Tech

Fri, June 5, 2020 | 06:00

LG CNS implements RPA+AI technologies at KB Bank

LG CNS implements RPA+AI technologies at KB Bank

LG CNS has combined robot process automation (RPA) with artificial intelligence (AI) to implement the country's first automated payment transfer service, Thursday. The company in cooperation with KB Kookmin Bank plans to expand its service gradually to all KB offices throughout the nation by the year end.

Kim Hyun-bin | 2020-06-04 17:59

Last-ditch effort to rescue Samsung heir

Last-ditch effort to rescue Samsung heir

A last-ditch effort to save Samsung leader Lee Jae-yong has hit a serious roadblock, after South Korean prosecutors sought an arrest warrant for the vice chairman over accounting fraud.

Baek Byung-yeul | 2020-06-04 17:49

LG International to handle Hancom Group's export

LG International to handle Hancom Group's export

LG International will manage software firm Hancom Group's bid to make forays into overseas markets, the LG Group trading unit said Thursday.

Nam Hyun-woo | 2020-06-04 17:14

KEPCO's overseas business portfolio in question

KEPCO's overseas business portfolio in question

Investors and researchers are calling into question the overseas portfolio of Korea Electric Power Corp. (KEPCO), as its continued investments in coal-based power generation outside of Korea will expose the state-run company to greater risks, a report by an international research institution showed Thursday.

Nam Hyun-woo | 2020-06-04 17:14

Merck boosting profile in semiconductors

Merck, a German-based tech company, is expanding its influence in the semiconductor industry through mergers and acquisitions (M&As) in hope of its top South Korean clients' prompt and continued recovery in the memory chip business segment.

Kim Hyun-bin | 2020-06-04 17:12

Samsung frets over another legal battle over heir's controversial succession scheme

Samsung Group, South Korea's top conglomerate, remained anxious Thursday over the possibility of its heir's return to jail, as prosecutors here sought an arrest warrant for Lee Jae-yong over his alleged involvement in a controversial merger between two affiliates a few years ago and fraudulent accounting, seen as aimed at smoothing out his succession.

2020-06-04 17:02

Last-ditch effort to rescue Samsung heir

Samsung unveils measures backing heir's compliance pledge

Samsung Group on Thursday unveiled a set of measures backing the group heir's compliance pledge made last month.

2020-06-04 17:00

Last-ditch effort to rescue Samsung heir

'Agricultural tech will gain greater focus on growing uncertainties'

'Agricultural tech will gain greater focus on growing uncertainties'

JEONJU, North Jeolla Province - The COVID-19 outbreak has triggered an alarm on food security in many countries, as labor migration and logistics suffer difficulties that hurt the global food supply chain.

Nam Hyun-woo | 2020-06-03 19:46

Midsize shipbuilders' restructuring picks up momentum

Midsize shipbuilders' restructuring picks up momentum

The Korean shipbuilding industry's restructuring is picking up speed, as a growing number of midsize shipbuilders have exited or are attempting to exit from creditors' control.

Nam Hyun-woo | 2020-06-03 19:46

Creditors to offer additional W1 tril. for Doosan

Creditors to offer additional W1 tril. for Doosan

State-run lenders will loan an additional 1 trillion won ($807.8 million) to Doosan Heavy Industries & Construction, after accepting Doosan Group's detailed self-rescue plan aimed at improving its overall financial structure, and to protect the conglomerate from bankruptcy.

Nam Hyun-woo | 2020-06-03 19:45

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