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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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Companies

NFTs emerging as blue ocean for game companies

gettyimagesbankGame stocks soar, but uncertainties and risks also prevailBy Kim Bo-eunNon-fungible token (NFT)-related stocks are all the rage, with game developer stocks spiking in recent weeks after they unveiled plans to launch relevant businesses.Korea's major game companies such as Pearl Abyss, Kakao Games and Wemade now are in the top ranks on the secondary KOSDAQ bourse in market capitalization. Even amid the upward trajectory of the stocks, analysts are making further upward revisions to game stock target prices.NFTs are cryptographic assets recorded via blockchain technology with unique identification codes that are non-interchangeable. Companies are increasingly turning their eyes to NFT-related businesses as new sources of revenue. These are mainly firms in the entertainment sector, particularly games.Local game developers faced growth limitations with their conventional pay-to-win model that makes users spend more to make more progress in games. The idea of incorporating NFTs into games is now an appealing new model, and many major companies are preparing to adopt this.NF

Nov 24, 2021By Kim Bo-eun
NFTs emerging as blue ocean for game companies
Tech & Science

Disney Plus subscribers complain about low-quality subtitles

The image shows content offered by Disney Plus / Korea Times fileBy Kim Bo-eunIt has only been a few weeks since Disney Plus launched in Korea, but a negative sentiment is building around the U.S. entertainment giant's video streaming service, based on sub-par Korean language subtitles.Posts are flooding online such as on Twitter and Naver, with screenshots of absurd subtitles that were translated from English into Korean. On a "The Simpsons show," “GOAT,” an acronym which stands for “greatest of all time” and refers to the ultimate incarnation of anything, such as an athlete, was translated into the Korean word for the animal “goat.” In Toy Story 3, the part Buzz Lightyear speaks in Spanish was not translated into Korean but was written in Korean the way the words were pronounced in English. In “Olaf's Frozen Adventure,” the line "You're welcome to join us in the castle" was translated into "Be together with crotch" in Korean. Many more posts highlighted grammatical errors and mistakes in subtitles for various other shows.A scene from

Nov 21, 2021By Kim Bo-eun
Disney Plus subscribers complain about low-quality subtitles
Companies

Korea urged to take tactical stance in US-China conflict

Minister of Trade Yeo Han-koo, left, shakes hands with U.S. Trade Representative Katherine Tai at the Korea-U.S. FTA Joint Committee meeting held at Shilla Hotel in central Seoul, Friday. YonhapExperts point to need to reduce China dependencyBy Kim Bo-eunKorea is increasingly being squeezed as the United States and China continue their power struggle. U.S. Trade Representative Katherine Tai's visit to Seoul last week was part of the No. 1 economy's strategy to confirm its alliance with major countries in Asia to contain China's growing influence.Tai met with Minister of Trade Yeo Han-koo, Friday, and business leaders the following day, to ask Seoul to align with Washington's efforts to build a U.S.-centered global supply chain. The U.S. trade chief also made visits to Japan and India during her Asia trip. U.S. Secretary of Commerce Gina Raimondo last week also completed a trip to Japan, Singapore and Malaysia to introduce the new, U.S.-led Indo-Pacific economic framework.The Korea-U.S. FTA was set as the agenda of Yeo and Tai's meeting, but they are also said to have discussed streng

Nov 21, 2021By Kim Bo-eun
Korea urged to take tactical stance in US-China conflict
Companies

ASML pledges investment into Hwaseong chip cluster

Minister of Trade, Industry and Energy Moon Sung-wook and ASML CEO Peter Wennink pose after discussing the Dutch chip-making equipment manufacturer's investment plans at ASML Korea's headquarters in Hwaseong, Gyeonggi Province, Thursday. ASML pledged to invest a total of 240 billion won ($203.2 million) in a semiconductor cluster to be built by the ministry, and Gyeonggi Province and Hwaseong City local governments there by 2024. Courtesy of Ministry of Trade Industry and Energy

Nov 18, 2021By Kim Bo-eun
ASML pledges investment into Hwaseong chip cluster
Companies

SK bioscience could lose AztraZeneca as customer

SK bioscience's vaccine production plant in Andong, North Gyeongsang Province / Courtesy of SK bioscienceBy Kim Bo-eunSK bioscience may lose a major customer, as its contract to manufacture AstraZeneca COVID-19 vaccines will expire at the end of this year. The government has decided that it will terminate the use of AstraZeneca's vaccines at the end of 2021, given that it has secured sufficient volumes of the Pfizer and Moderna COVID-19 vaccines.The two companies signed a contract in July last year for SK bioscience to manufacture AstraZeneca COVID-19 vaccines. SK has been manufacturing the vaccines at its plant in Andong, North Gyeongsang Province. The vaccines produced here have been supplied both locally and globally.AstraZeneca said that SK could continue to manufacture its vaccines even if local use is terminated, given that the majority of them are exported."Discussions are ongoing over future plans, and we hope for the decision to be reviewed," an AstraZeneca official said, Thursday. "AZ has contributed to coping with COVID-19 in the early stages and supported Korea's plan to

Nov 18, 2021By Kim Bo-eun
SK bioscience could lose AztraZeneca as customer
Tech & Science

USTR chief to emphasize Korea's role in chip supply chain

Korea's Minister of Trade Yeo Han-koo poses with his U.S. counterpart Katherine Tai after a meeting in Sorrento, Italy, Oct. 12. Courtesy of Ministry of Trade, Industry and EnergyBy Kim Bo-eunKorea's role in the global semiconductor supply chain is expected to be a top issue in talks between Minister of Trade Yeo Han-koo and U.S. Trade Representative (USTR) Katherine Tai slated for Friday. Tai arrived in Seoul, Thursday, as part of a trip to U.S. allies in Asia. Prior to her visit to Seoul, the U.S. trade chief agreed in Tokyo to set up a forum to boost the two countries' trade partnership.This is the first time in a decade for the chief U.S. trade negotiator to officially visit Seoul, since 2011 when discussions for the Korea-U.S. FTA (KORUS FTA) were taking place.Tai is expected to ask Korea to confirm its commitment for an increased trade alliance amid the ongoing dispute between the U.S. and China regarding supply chain issues, and ask Seoul to play a key role in ensuring stability in the global semiconductors supply chain, given Samsung Electronics and SK hynix's weight in the c

Nov 18, 2021By Kim Bo-eun
USTR chief to emphasize Korea's role in chip supply chain
Companies

LG Energy Solution promoting internal communication

By Kim Bo-eunLG Energy Solution CEO Kwon Young-soo / Courtesy of LG Energy SolutionLG Energy Solution (LGES) has introduced a channel connecting its CEO Kwon Young-soo with 24,000 employees around the world.This is one of the company's first initiatives after Kwon was appointed to his position last month. LGES said the CEO will answer questions or respond to complaints through the channel, known as "EnTalk." The channel is also accepting work-related ideas."The first step to understanding clients is to communicate and sympathize with employees," Kwon was quoted as saying in a company press release, Tuesday. EnTalk was set up following the CEO's recent meeting with employees belonging to the MZ generation, referring to those born between 1981 and the early 2010s, who proposed setting up a direct communication channel with the CEO. LGES has a young workforce, with the MZ generation comprising more than 80 percent of the total workforce.LGES said various proposals and questions were received on Monday, the first day the channel was launched. They included proposals to improve the HR sys

Nov 16, 2021By Kim Bo-eun
LG Energy Solution promoting internal communication
Companies

'Technology can play key role in business' efforts for sustainability'

gettyimagesbankSAP provides tracking solutions to measure carbon footprintBy Kim Bo-eunTechnology can play a key role in helping companies improve their systems to better protect the environment and address social issues, said German multinational software giant SAP SE.This claim was a part of discussions that took place at a webinar hosted by Harvard Business Review, Monday, attended by SAP SE CEO Christian Klein, SAP Asia Pacific Japan President Paul Marriott and Global Plastic Action Partnership Director Kristen Hughes. The discussions addressed how companies are aligning their businesses to the "circular economy," a paradigm that encourages the innovation of systems to reduce waste, boost resource efficiency and keep materials in use."What we are now doing is with the use of technology, like the business network and blockchain, we want to make the supply chain completely transparent so that you can track and trace and also measure carbon footprint. So I'm convinced technology will play a key role, especially in the supply chains of our customers, to make the sustainability goals

Nov 16, 2021By Kim Bo-eun
'Technology can play key role in business' efforts for sustainability'
Companies

Microsoft Korea to host online job fair

Microsoft's logo is seen at one of its offices / YonhapBy Kim Bo-eunMicrosoft Korea is hosting an online job fair with 30 of its partner companies later this month. The tech giant's local subsidiary said it will hold the event on Nov. 26 via Teams, to share information about job openings as well as the information technology (IT) industry trends and interview tips with young job seekers.Microsoft Korea Senior Cloud Advocate Justin Yoo will share the latest trends in the IT industry and LinkedIn Manager Kim Yoo-kyung plans to show how to utilize the company's platform to set up business networks and secure jobs.Over 30 of Microsoft Korea's client and partner companies, including Loreal Korea, Megazone Cloud, LG CNS and Hyundai Autoever, will introduce positions that are open within their firms.HR officials of local online flea market operator Danggeun Market, Hyundai Motor Group's IT service affiliate Hyundai Autoever and Microsoft Korea will introduce the qualities local and global companies are seeking applicants.Son Ha-bin, who heads Meet Me, a local platform to help individuals ex

Nov 16, 2021By Kim Bo-eun
Microsoft Korea to host online job fair
People & Events

Huneed chairman receives award for defense industry contribution

By Kim Bo-eunHuneed Technologies Chairman Kim Eugene, right, poses after receiving the 2021 “Pride of Korea” Defense Industry Achievement Award at the Korea Association of Defense Industry Studies' 30th anniversary event held Oct. 28 at the Army Hall in central Seoul. Courtesy of Huneed TechnologiesHuneed Technologies Chairman Kim Eugene has been recognized for his efforts in developing Korea's defense industry.The Korea Association of Defense Industry Studies awarded him the "Pride of Korea" Defense Industry Achievement Award on Oct. 28. Kim is also chairman of the Korea Defense Industries Association.The award honors those who have contributed to the development of the defense industry or defense-related academics and technology.Kim was awarded based on Huneed's contributions to the local defense industry, the association said. He was acknowledged for improving Korea's national defense capabilities through research and development of tactical communications systems and command and control system equipment using in-house technology over the last 20 years.Under Kim's lead

Nov 15, 2021By Kim Bo-eun
Huneed chairman receives award for defense industry contribution
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