Korea Times K-Culture Reporter
Baek Byung-yeul is a journalist at The Korea Times focused on cultural content, including films and cultural events in South Korea. You can contact him at baekby@koreatimes.co.kr to share your insights.
The government is facing growing criticism for not doing enough to secure a stable supply of urea, following China's recent ban on exports of the industrial product to Korea, which has reignited concerns over a possible repeat of the urea shortage crisis two years ago, according to industry officials and experts, Tuesday.
Users of the popular social media platform Instagram focused on various microtrends reflective of their individual personalities and interests, rather than following any one single, uniform trend this year, according to Meta Korea, Tuesday.
The government is on alert over the possibility of another urea shortage crisis following China's sudden hold on the customs clearance of industrial urea exports to Korea, the industry ministry said Monday.
Lee Joong-keun, chairman of construction and real estate conglomerate Booyoung Group, donated 20 billion won ($15.3 million) to the Korea Advanced Institute of Science and Technology (KAIST) for remodeling the school's dormitories, hoping to help nurture outstanding students there, the science and technology university said Monday.
LG Energy Solution, Samsung SDI, SK On and other Korean battery companies are facing a dilemma as they will lose tax credit benefits for electric vehicles (EVs) sold in the U.S. if their Chinese partners hold more than 25 percent stakes in joint ventures, according to industry officials, Sunday.
KT reduced the number of executives by 20 percent, recruited external professionals to strengthen expertise and established a Technology Innovation Unit in a bid to accelerate digital innovation in its annual reshuffle of executives, the company said Thursday.
KCC Corp. is facing financial difficulties following the acquisition of the U.S.-based silicone company Momentive Performance Materials, with deteriorating performance of the subsidy amid increased debt from the merger and acquisition, potentially leading to severe capital pressure next year, according to industry officials, Thursday.
Samsung Electronics carried out a generational shift by appointing executives in their 30s as vice presidents and executives in their 40s as executive vice presidents to lay the foundation for future growth, the company said Wednesday.
NCSOFT is preparing to launch its role-playing game (RPG) Throne and Liberty (TL), Dec. 7. The company said Wednesday that the global market was considered from the beginning of the game's development and that it will launch internationally next year in partnership with global publisher Amazon Games.
NCSOFT CEO and founder Kim Taek-jin, left, poses with Jim Ryan, CEO of Sony Interactive Entertainment (SIE), during a partnership signing event in this photo provided by the Korean game company, Wednesday. NCSOFT said the two companies forged a strategic partnership to strengthen global business including the mobile sector. Courtesy of NCSOFT