my timesThe Korea Times
baekby

Baek Byung-yeul

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.

Go to Email

Read more

Companies

Yoon's former chief election campaigner to lead FKI

Kim Byong-joon, chairman of Community Chest of Korea / Korea Times file By Baek Byung-yeulKim Byong-joon, who led the election campaign committee for then-presidential candidate Yoon Suk Yeol, will lead the Federation of Korean Industries (FKI), one of the largest business lobby groups here, as acting chairman, according to the FKI, Friday. The FKI has been seeking a successor for Chairman Huh Chang-soo, who expressed his intention to resign after his term ends on Feb. 23.According to the FKI, Kolon Group Honorary Chairman Lee Woong-yeol, who also leads the FKI's chairman nomination committee, recommended Kim as an acting chairman.Kim is currently the chairman of the Community Chest of Korea and an honorary professor at Kookmin University. Given Kim helped Yoon presidential election campaign, appointing the president's mentor is seen as a sign of the FKI's willingness to lead the business lobby group innovatively and improve relations with the Yoon administration.Th

Feb 17, 2023By Baek Byung-yeul
Yoon's former chief election campaigner to lead FKI
Companies

Samsung chief vows unwavering commitment to investing in future tech, experts

Samsung Electronics Chairman Lee Jae-yong, third from left, takes a look at semiconductor packaging products at the company's plant in Cheonan, South Chungcheong Province, Friday. Courtesy of Samsung ElectronicsBy Baek Byung-yeulLee Jae-yong, chairman of Samsung Electronics, vowed the semiconductor giant's unwavering commitment to keep nurturing chip experts in the industry and investing in the sector as these measures are key to retaining its leadership in the highly competitive market, according to Samsung, Friday.Samsung said the chairman visited the company's plants in Cheonan and Asan, both located in South Chungcheong Province, to check their capabilities in next-generation semiconductor packaging technologies and their medium- to long-term business strategies.“Though we are in a difficult situation, there should be no shaking in nurturing experts and investing in future technologies,” Lee told executives during his visit to the Cheonan plant.The meeting featured Kyung Kye-hyun, president and CEO of Samsung's DS Division; Lee Jung-bae, president of memory business;

Feb 17, 2023By Baek Byung-yeul
Samsung chief vows unwavering commitment to investing in future tech, experts
Tech & Science

LG CNS expands into private 5G service

Kim Tae-hoon, right, head of cloud business of LG CNS, poses with Lee Young-koo, head of College of Electronics & Information at Kyung Hee University, after signing an agreement to jointly develop private 5G technology in this photo provided by the company, Thursday. Courtesy of LG CNSBy Baek Byung-yeulLG CNS is diversifying its business portfolio by jointly developing technologies for a private 5G service, known as e-Um in Korea, for future clients in manufacturing and logistics businesses, according to the IT arm of LG Group, Thursday.The company said it signed a memorandum of understanding (MOU) with Kyung Hee University early this month.“Both sides plan to expand research and development of solutions and services that can be applied to industrial sites such as manufacturing and logistics based on e-Um 5G service,” LG CNS said.The E-Um 5G private network service enables users to remotely control their machines and manufacturing equipment. The government allocates spectrum frequency for wireless communication to mobile carriers, but it also encourages non-mobile car

Feb 16, 2023By Baek Byung-yeul
LG CNS expands into private 5G service
Companies

LG Uplus apologizes for personal information leak, service failure

Hwang Hyeon-sik, CEO of LG Uplus, bows to apologize for customer information leak and internet service failures caused by DDoS attack at the company's headquarters in Yongsan District, Seoul, Thursday. YonhapBy Baek Byung-yeulHwang Hyeon-sik, CEO of LG Uplus apologized for a leak of customers' information and internet service failures caused by a distributed denial-of-service (DDoS) attack on Thursday and vowed to increase its cybersecurity by spending 100 billion won ($77.9 million) a year.“I apologize to customers who feel anxious due to the information leakage, small business owners who have experienced confusion due to internet service errors and the people who have sent deep love and trust to us,” Hwang said during a press conference at the company's headquarters in Seoul.“We take the incident as a serious matter. This is the result of us not having focused on the fact that bolstering security is the basic principle of the telecommunications business. We will reflect on the fact that the starting point of all our businesses is our customers, and review the basi

Feb 16, 2023By Baek Byung-yeul
LG Uplus apologizes for personal information leak, service failure
Companies

Genesis-sponsored PGA Tour Genesis Invitational kicks off

Tiger Woods tees off on the third hole during the pro-am of the Genesis Invitational golf tournament at Riviera Country Club in Pacific Palisades, Calif., Wednesday. AP-YonhapTiger Woods returns to tour By Baek Byung-yeulGenesis Invitational, a PGA Tour golf tournament sponsored by Genesis, Hyundai Motor Group's luxury car brand, will kick off its four-day run at a golf club in California, featuring prominent golfers including golfing legend Tiger Woods, the automotive group said Thursday. The group said the 2023 Genesis Invitational will be held at the Riviera Country Club in Pacific Palisades, west of Los Angeles, from Thursday (local time) to Sunday. A total of 132 golfers will compete in the tournament including world No. 1 Scottie Scheffler, world No. 2 Rory McIlroy and world No. 3 John Rahm.Interestingly, this year's Genesis Invitational features Tiger Woods who makes his return to the tour seven months after he missed the cut at the Open Championship in July.As a title sponsor, Genesis will capitalize on the PGA Tour tournament as a precious opportunity to promote its vehicles

Feb 16, 2023By Baek Byung-yeul
Genesis-sponsored PGA Tour Genesis Invitational kicks off
Companies

Gov't to strengthen support for regulatory sandbox firms

Prime Minister Han Duck-soo, right, and Chey Tae-won, chairman of the Korea Chamber of Commerce and Industry (KCCI) attend a meeting with 18 companies whose new businesses qualified for the government's regulatory sandbox program at the KCCI building in Seoul, Wednesday. YonhapBy Baek Byung-yeulThe government pledged to let more companies take advantage of a program called the regulatory sandbox that grants exemptions to firms starting new businesses, according to the prime minister, Wednesday.“The regulatory sandbox, which has been in operation for four years, has been a door of opportunity for innovative companies by allowing them to start new businesses that were difficult to launch due to regulations,” said Prime Minister Han Duck-soo while presiding over a meeting with 18 companies that qualified for the regulatory sandbox program at the Korea Chamber of Commerce and Industry (KCCI) building in Seoul.“Through a total of 860 cases that qualified, more than 10.5 trillion won ($8.17 billion) worth of investments were attracted, more than 400 billion won in sales i

Feb 15, 2023By Baek Byung-yeul
Gov't to strengthen support for regulatory sandbox firms
Companies

KT aids Mongolia's digital transformation in return for minerals, business opportunities

Ku Hyeon-mo, second from right, Oyun-Erdene Luvsannamsrai, third from left, prime minister of Mongolia, and other Mongolian government officials take a look KT's data center in Yongsan-gu, Seoul, Tuesday. Courtesy of KTBy Baek Byung-yeulKT is supporting Mongolia's bid to achieve a digital transformation. The Korean telecommunications company, whose business portfolio ranges from telecoms and cloud computing to media and finance, inked a cooperation agreement with Mongolia on Wednesday. KT said it signed cooperation agreements with a delegation from Mongolia, led by Prime Minister Oyun-Erdene Luvsannamsrai, not only for digital transformation but also for securing mineral resources and digital financial business opportunities.“The meeting served as an opportunity to check the current business status and future direction and to further strengthen business cooperation with Mongolia,” Moon Sung-wook, head of KT's global business, said.“By cooperating with Mongolia, we will make our best efforts to contribute to the development of Korea,” Moon added.As part of the

Feb 15, 2023By Baek Byung-yeul
KT aids Mongolia's digital transformation in return for minerals, business opportunities
Companies

INTERVIEW Pursuing diversity, inclusion spurs innovation at Smilegate

Kay Lee, lead of Diversity & Inclusion (D&I) team at Smilegate, speaks during an interview with The Korea Times at the company's office in Seongnam, Gyeonggi Province, Feb. 9. Courtesy of SmilegateBy Baek Byung-yeulSmilegate has been pursuing the values of diversity and inclusion, which is a rare move for a Korean game company, and these efforts will drive technological innovation and lead them to meet more users, according to the leader of the company's Diversity and Inclusion (D&I) team.“We have verified that pursuing diversity and inclusion on many aspects has positive effects on the business of the company,” Kay Lee, leader of D&I team at Smilegate, told The Korea Times during an interview at the company's office in Seongnam, Gyeonggi Province, Feb. 9. “Since we are an entertainment company that deals with content, we believe that pursuing these values can open up the possibility of expanding users and creating new markets.”Established in 2002, Smilegate is known for popular games such as shooting game “Crossfire” and role-playi

Feb 14, 2023By Baek Byung-yeul
[INTERVIEW] Pursuing diversity, inclusion spurs innovation at Smilegate
Companies

Startups ministry, local companies to seek opportunities in Middle East

SMEs and Startups Minister Lee Young, left, and Saudi Arabia's Investment Minister Khalid Al-Falih, center, tour a company booth during the COMEUP 2022 startup event in Seoul, Nov. 10, 2022. Courtesy of Ministry of SMEs and StartupsBy Baek Byung-yeulThe Ministry of SMEs and Startups will participate in the BIBAN 2023 startup and tech event, which will be held next month in Riyadh, Saudi Arabia, with 10 domestic startups as part of the ministry's efforts to seek more business opportunities in the Middle East, according to the ministry, Tuesday.The startups ministry held a meeting in Seoul with experts from the private sector to share the outcome of the ministry's visit to the United Arab Emirates last month from Jan. 14 to 17 and discuss follow-up measures. The meeting was titled as a task force for discussing ways to support Korean companies to enter the Middle East market.“During the visit, President Yoon Suk Yeol said he would make every effort to help domestic companies show their capabilities in the global market. To support his plan, we have launched a task force comprised

Feb 14, 2023By Baek Byung-yeul
Startups ministry, local companies to seek opportunities in Middle East
Tech & Science

Samsung adopts more recycled parts for Galaxy S23

Park Sung-sun, executive vice president and head of the Mechanical R&D Team of MX Business at Samsung Electronics, speaks during a press conference at the company's building in Seoul, Monday. Courtesy of Samsung ElectronicsBy Baek Byung-yeulSamsung Electronics said on Monday that it has been increasing the use of recycled materials and components for its new gadgets, such as the Galaxy S23 smartphone, as part of efforts to tackle climate change.Samsung said for the S23 series, which will hit the global market on Feb. 17, it used abandoned fishing nets for the casing of the S Pen stylus, water bottles for volume keys, plastic bottles for external cases, recycled aluminum for SIM card tray and glasses for display glass.“Samsung continues to make efforts to minimize the impact of the global environment while maintaining product quality,” said Park Sung-sun, executive vice president and head of the Mechanical R&D Team of MX Business at Samsung. “The Galaxy S23 series is a product that focuses on eco-friendly technologies and innovations of Samsung.”Park ad

Feb 13, 2023By Baek Byung-yeul
Samsung adopts more recycled parts for Galaxy S23
previous page
138139140141142
next page

Top 5 stories

Korea Times
About Us
Introduction
History
Contact Us
Products & Services
Subscribe
E-paper
RSS Service
Content Sales
Site Map
Policy
Code of Ethics
Ombudsman
Privacy Policy
Youth Protection Policy
Terms of Service
Copyright Policy
Family Site
Hankookilbo
Dongwha Group
FacebookXYoutubeInstagram
CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.