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Reporter : Kim Bo-eun
Fri, October 22, 2021 | 10:24
Samsung to attend White House meeting on chip shortage
Samsung Electronics officials are set to attend a White House meeting later this month to discuss ways to tackle the global chip shortage with other firms in the industry. A Samsung Electronics official said Friday he could not confirm the meeting, but the top chip maker was mentioned along with General Motors and GlobalFoundries in a Bloomberg report published April 1.
USITC sides with SK in battery patent suit with LG
The U.S. International Trade Commission (USITC), Wednesday (local time), ruled in favor of SK Innovation (SKI) in a battery patent lawsuit with LG Energy Solution (LGES). In its preliminary decision on the patent suit filed by LGES, the commission stated that it could not find the nation's No. 2 battery maker, SKI, infringed on the stated patents. The pre-ruling comes as a de...
Samsung SDI joins movement against deep-sea mining
Samsung Group's battery-making unit said Wednesday it is joining with global companies to boycott deep-sea mining for minerals used to make battery cells. Samsung SDI is the first battery maker to take part in the World Wildlife Fund (WWF)-backed global moratorium by companies such as BMW, Google and Volvo.
KT seeks to become more foreigner-friendly
KT said Wednesday it launched a service that lets foreign customers receive phone plan discounts when teaming up with friends. The telecom firm is also expanding its foreign-language services for customers.
Kakao approves 5-for-1 stock split
Kakao, the nation's leading internet company, will conduct a 5 for 1 stock split, after the plan was approved at the tech firm's general shareholders' meeting held Monday. The stock split enables investors to purchase Kakao's stock at one fifth of its price. Kakao's stock price closed at 487,500 won, Monday. Individual investors will be able to purchase Kakao shares at less t...
ICT Ministry's HR training center partners with Sussex, Ajou universities
The ICT ministry's human resources training center has partnered with the U.K.'s University of Sussex and Korea's Ajou University to train experts in science and technology policy.
Daesang Group heiress promoted to vice chairwoman
Daesang Group promoted owner family heiress Lim Se-ryung to vice chairwoman of the group and holding company, Friday. Lim was formerly executive director of the group that operates businesses in food products.
[BIO WEBINAR] Korean gov't vows full support for bolstering bio industry
The government affirmed its pledge with major bio companies to foster human resources and secure raw materials for pharmaceuticals, as well as expand the manufacturing base here, in The Korea Times' Bio Webinar held last Friday. This was the first such event run by the English-language daily, organized to discuss means to enhance the competitiveness of the local bio industry ...
SKT to restructure governance within this year
SK Telecom (SKT) CEO Park Jung-ho pledged on Thursday that SK Group would revamp its governance structure this year as a means to boost shareholder value. “It is an important task of mine to provide greater value to shareholders. We will be able to carry out (the restructuring) this year so that the greatest benefits can be provided,” he said at the telecom firm's general sha...
KPR President Kim to head Korea PR Association
Kim Joo-ho, president of the local public relations agency KPR, was named chairman of the Korea Public Relations Association (KPRA), Thursday.
LG Pra.L