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Kim Bo-eun

Korea Times Digital Content Reporter

Bo-eun leads the digital content team. She has covered foreign affairs, North Korea, tech, economy and gender issues at The Korea Times. She did a short stint at the South China Morning Post in Hong Kong, where she obtained a new perspective on news production and life. Small sources of joy for her are lounging in the sun, having a good latte and swimming.

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Economy

Former presidential economy chief named OECD ambassador

By Kim Bo-eunAn Il-whan / Korea Times filePresident Moon Jae-in's former secretary for economic affairs, An Il-whan, has been tapped as Korea's ambassador to the Organization for Economic Cooperation and Development (OECD).An, 61, joined the public service in 1989 and was with the Ministry of Economy and Finance for most of his career. He served as vice finance minister before being named presidential secretary in March 2021. An also worked at the International Bank for Reconstruction and Development. The official obtained a bachelor's degree in trade and a master's degree in public administration from Seoul National University and a master's degree in economics from the University of Ottawa. An served his last position as presidential secretary through November. Cheong Wa Dae stated at the time that he resigned for health-related reasons. The official, however, has been appointed as the new OECD ambassador post two months after his resignation from Cheong Wa Dae. The foreign ministry stated that An has “recovered considerably” since his resignation. An will be based in P

Jan 6, 2022By Kim Bo-eun
Former presidential economy chief named OECD ambassador
Companies

Samsung features enhanced smart home at CES 2022

Models pose in front of a media wall at Samsung Electronics' exhibition space at Las Vegas Convention Center, ahead of the Consumer Electronics Show 2022. Courtesy of Samsung Electronics500 Korean companies to exhibit next-generation tech at eventBy Kim Bo-eunLogo for Consumer Electronics Show / Courtesy of Consumer Technology AssociationSamsung's appearance at Consumer Electronics Show 2022 in Las Vegas will present its enhanced vision of a smart and connected home experience. User convenience is heightened by artificial intelligence (AI)-powered robots that assist with various tasks.Samsung Electronics is seeking to provide a connected experience for customers with its "SmartThings" platform, by connecting key electronic devices such as TVs and other home appliances, as well as smartphones. The tech giant is presenting a refrigerator incorporated with "SmartThings Cooking," a system that recommends recipes based on ingredients in the fridge and user preference. Another feature is its "SmartThings Energy" system, which offers energy-saving plans by analyzing the energy consumption d

Jan 4, 2022By Kim Bo-eun
Samsung features enhanced smart home at CES 2022
Companies

QD-OLED absent from Samsung's CES TV lineup

Samsung Electronics' “The Frame” TV, newly features a matte display to prevent screen glare. The appliance can display art when not functioning as a regular TV. Courtesy of Samsung ElectronicsBy Kim Bo-eunLogo for Consumer Electronics Show / Courtesy of Consumer Technology AssociationSamsung's highly anticipated OLED TV is absent from the tech giant's introduction of its newest TV models to be featured at the Consumer Electronics Show (CES) that will kick off Wednesday in Las Vegas.The world's largest TV maker, in place of the quantum-dot organic light-emitting diode (QD-OLED) TV, provided a lineup of upgraded versions of its existing Micro LED, Neo QLED and Lifestyle TVs on Monday. The new models have been upgraded to improve picture quality, sound technology and smart features, Samsung said.Samsung is now offering its MicroLED TV in larger sizes of 89-, 101- and 110-inch sizes. The MicroLED display has microscopic LEDs forming individual pixel elements, offering greater contrast, response times and energy efficiency compared to LCD technology. Samsung said its latest Mi

Jan 3, 2022By Kim Bo-eun
QD-OLED absent from Samsung's CES TV lineup
Companies

HBO gears up to launch streaming service in Korea

HBO Max / Captured from YouTubeBy Kim Bo-eunCompetition among streaming platforms here is set to intensify this year as HBO is expected to launch its own over-the-top (OTT) media service in the local market.HBO Max is the OTT service of U.S. entertainment giant WarnerMedia, which owns shows such as "Game of Thrones" and the "Harry Potter" series.HBO Max's launch appears imminent, given that it is not renewing contracts with other OTTs offering HBO shows here. Local OTT service, Watcha, has stopped offering HBO's hit series, "Game of Thrones," along with other shows of the U.S. TV broadcaster, as of Dec. 31. Netflix also stopped offering shows such as "Big Bang Theory," "Friends," and the "Dark Knight" series, which HBO Max has offered in other markets.Disney Plus, which debuted in Korea in November, stopped other OTTs offering its content prior to its launch.WarnerMedia is currently hiring over 30s positions at HBO Max Korea.In September, actress Lee Si-young shared on Instagram a photo of herself on the set of "Mentalist," shot in collaboration with HBO Max, stating that the show ha

Jan 3, 2022By Kim Bo-eun
HBO gears up to launch streaming service in Korea
Companies

Massive IPOs lined up for 2022

Workers check a pouch-type battery cell at LG Energy Solution's electric vehicle battery plant in Ochang. Courtesy of LG Energy SolutionBy Kim Bo-eunThe local KOSPI bourse is set to heat up with multiple weighty initial public offerings (IPOs) scheduled for 2022. More than a dozen companies worth over 1 trillion won plan to be listed.LG Energy Solution (LGES) will be the first company to go public in late January. The battery maker's debut is expected to be the largest-value IPO on the KOSPI so far. The LG affiliate's market capitalization is set to amount to 60 to 70 trillion won ($50.47 billion to $58.88 billion), which would place it third or fourth on the KOSPI. Samsung Electronics, SK hynix and Naver are the top three companies in terms of market cap on the main bourse.LGES, wholly owned by LG Chem, is in need of funds for overseas battery plants that will be built independently and in a joint venture with global automotive group, Stellantis. The company has moved quickly to set up production facilities as demand for electric vehicles grows rapidly.Hyundai Engineering is set to

Jan 2, 2022By Kim Bo-eun
Massive IPOs lined up for 2022
Companies

SK hynix's Intel NAND acquisition pushes up stock

SK hynix's headquarters in Icheon, Gyeonggi Province / Courtesy of SK hynixNew affiliate Solidigm to add enterprise SSD to SK's NAND bizBy Kim Bo-eunSK hynix's stock price is on a strong upward trajectory as it moves to close its multi-billion-dollar deal to take over Intel's NAND business.The local chipmaker's stock price closed at 131,000 won, up 3.15 percent from the previous day's close on the KOSPI, according to data provided by the Korea Exchange (KRX), the country's top bourse operator. SK hynix's stock price has been moving up since hitting a 52-week low of 90,500 won on Oct. 13..After receiving approval from Chinese antitrust regulators last week, SK hynix has completed the first stage of the acquisition by taking over the U.S. chip giant's solid-state drive (SSD) business and its chip fabrication plant in the Chinese city of Dalian. SK hynix will pay $7 billion of the $9 billion acquisition for the first stage. The remaining $2 billion will be paid by March 2025, when SK hynix takes over Intel's intellectual property regarding NAND flash wafer design, production and workers

Dec 30, 2021By Kim Bo-eun
SK hynix's Intel NAND acquisition pushes up stock
Companies

Chinese foldable phone vendors challenge Samsung

Huawei's P50 Pocket foldable phone, launched Dec. 23 / Screenshot from Huawei's YouTube channelBy Kim Bo-eunHuawei unveiled its first foldable smartphone, Thursday, as one of the many Chinese smartphone vendors seeking to challenge Samsung Electronics' foldable models. Samsung in the past had reigned as the only smartphone manufacturer offering foldable models, since the launch of its Galaxy Z Fold in 2019. But Chinese brands such as Xiaomi, Oppo and Huawei have caught up quickly, launching their own models this year.Smartphone makers are increasingly experimenting with new forms, as they seek to keep their mobile phone businesses profitable amid a saturated global market.Huawei's P50 Pocket is the first model to resemble Samsung's clamshell Galaxy Flip phone. The model is thinner than Samsung's, but is a 4G device that is priced higher than the Z Flip 3.The standard P50 Pocket with 8 gigabits of RAM and 256 gigabits of storage retails for $1,410. The launch price of Samsung's Galaxy Z Flip 3 with the same specification in September was $999.99.Huawei's latest foldable phone is now a

Dec 24, 2021By Kim Bo-eun
Chinese foldable phone vendors challenge Samsung
Companies

Renault Samsung's Arkana named Spain's car of 2022

Renault Samsung Motors' XM3, known as Arkana in Europe / Courtesy of Renault Samsung MotorsBy Kim Bo-eunRenault Samsung Motors' XM3, known as Arkana in Europe, has been named Spain's car of 2022.A total 12 models of global car brands were finalists for the honor. The new Renault Arkana was honored by the title in the contest which marks its 50th year, securing 16.52 percent of votes, based on evaluations by Spain's auto industry reporters and ABC News viewers.Hyundai Motor's Tucson came in second, gaining 13.22 percent of the votes, and Audi's Q4 E-tron was third with 11.87 percent.It is the first time in 25 years a Renault brand model has been selected as car of the year in Spain, which is the fifth-largest market in Europe. The Renault Megane took the honor in 1997.The newest Arkana model was launched in European markets in June. A total of 52,488 models were sold in overseas markets as of the end of November. A total of 20,684 vehicles were sold in France, followed by 6,500 in Spain, 5,440 in Germany and 4,285 in Italy."We will continue to strengthen the new Arkana model and stabi

Dec 24, 2021By Kim Bo-eun
Renault Samsung's Arkana named Spain's car of 2022
Companies

Hankook & Company begins new era under Cho Hyun-bum

By Kim Bo-eunCho Hyun-bum / Courtesy of Hankook Tire & TechnologyKorea's tire giant Hankook & Company said Wednesday that Cho Hyun-bum, the younger son of Honorary Chairman Cho Yang-rai, has been appointed as the new leader of the group.Cho, former CEO of affiliate Hankook Tire & Technology, rose to the top position following a power struggle with his older brother, Cho Hyun-sik. The new chairman will begin his term on Jan. 1, 2022. His older brother will serve as an adviser to the group. Hankook & Company had been mired in a power struggle between the sons of the honorary chairman. The senior Cho in June 2020 made the younger son the largest shareholder of Hankook & Company by handing down 23.59 percent of his shares to him. But a family feud developed as the senior Cho's daughter, Hee-kyung, chairwoman of the Hankook Tire Foundation, and older son Hyun-sik contested the move. Cho, however, has now secured sole leadership of the firm.The new chairman joined Hankook Tire & Technology, in 1998, and served in positions including head of marketing, management pla

Dec 23, 2021By Kim Bo-eun
Hankook & Company begins new era under Cho Hyun-bum
Companies

Samsung develops high-performance SSD for enterprise servers

Samsung's newest solid-state drive for enterprise servers, the PM1743 / Courtesy of Samsung ElectronicsBy Kim Bo-eunSamsung Electronics said Thursday it has developed a new solid-state drive (SSD) for enterprise servers that offers data transfer speeds of up to two times faster than current devices and 30 percent enhanced power efficiency than the previous generation.The chip giant said that the PM1743 SSD integrates a peripheral component interconnect express (PCIe) 5.0 interface with Samsung's sixth-generation V-NAND.PCIe 5.0 interfaces offer a bandwidth of 32 gigatransfers per second, doubling that of PCIe 4.0 interfaces. Samsung said that the PM1743 delivers outstanding read and write speeds to accommodate the rapidly-increasing performance requirements of data centers. Improved data transfer rates will allow enterprise server manufacturers deploying the PM1743 to enjoy a much higher level of performance, the company said.In addition, the new SSD can provide improved power efficiency of up to 608 megabytes per watt, which represents about a 30-percent boost compared to the previo

Dec 23, 2021By Kim Bo-eun
Samsung develops high-performance SSD for enterprise servers
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