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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

BMW's foundation leads corporate social responsibility

Students take part in an online class offering science education hosted by the BMW Korea Future Foundation in this provided photo. Courtesy of BMW KoreaBy Kim Bo-eunBMW Korea said Thursday it is seeking to offer a new model for multinational companies' corporate social responsibility efforts here. The carmaker established the BMW Korea Future Foundation in July 2011. Marking its 10th anniversary, BMW is seeking to engage in activities with greater positive social impact. This is centered on training young students to help them discover interest in the sciences and possibly become innovators in the automotive sector.This year, it launched a new program for high school and college students, which provides automotive training. Participants are able to learn about BMW's advanced technology in the program.BMW initiated the program in April at Gyeonggi Automotive Science High School and over 500 students have taken part in the program since. BMW said it plans to offer the program via both online and offline mediums to enable more students to take part.The foundation also launched an online

Oct 28, 2021By Kim Bo-eun
BMW's foundation leads corporate social responsibility
Companies

ANALYSIS Tesla's strategy to benefit, challenge Korean battery makers

A Tesla logo is seen at a store in Denver, Colorado. AP-YonhapGreater demand for LFP batteries to present opportunitiesBy Kim Bo-eunTesla's recently unveiled plan to power its standard-range electric vehicles (EV) with lithium iron phosphate (LFP) cathode batteries is set to benefit Korean battery makers by opening new opportunities in the market, with other major automakers expected to follow suit.LFP chemistry batteries, produced by Chinese manufacturers such as CATL and BYD who have the upper hand, currently account for a little more than 10 percent of the market for EV batteries. Research and consultancy group Wood Mackenzie forecast the LFT-type battery could account for up to 30 percent of the entire battery market. However, there are contrasting views in the industry _ that high-nickel batteries will take up the lion's share of the market in the coming years.The LFP chemistry is able to keep battery prices low, as costs of the material are cheaper than that of nickel, cobalt and manganese (NCM) or nickel, cobalt and aluminum (NCA) batteries. LFP batteries are around 20 percent

Oct 27, 2021By Kim Bo-eun
[ANALYSIS] Tesla's strategy to benefit, challenge Korean battery makers
Tech & Science

KT confirms routing errors caused network disruption

Telecom firm to compensate for damageBy Kim Bo-eunRouting errors by KT employees caused the company's nationwide network services disruption a day earlier, the telecommunications firm said Tuesday, pledging to compensate customers for any losses caused by the incident. "We confirmed that the disruption was caused by errors in designating network routes, which took place while switching to the latest equipment to upgrade services," said a statement issued by KT CEO Ku Hyeon-mo. "We will take this as an opportunity to thoroughly examine the entirety of our wired and wireless networks. We will also swiftly come up with a compensation plan."A KT official said details of the compensation plan will be decided after looking into the damage caused. KT's contracts state the company is required to provide compensation when subscribers of mobile phone plans, high-speed internet and IPTV are denied access to services for at least three consecutive hours.KT's internet network error disabled both wired and wireless services from around 11:20 a.m. to noon, leaving some service users unable to make

Oct 26, 2021By Kim Bo-eun
KT confirms routing errors caused network disruption
Tech & Science

LG's flexible displays to be featured at London art exhibition

LG's OLED display panels used to create flower-like works of art displayed on the ceiling at “180 The Strand” art gallery in London. The exhibition running through Dec. 18 presents the works of 12 artists with LG's flexible display panels. Courtesy of LG ElectronicsBy Kim Bo-eunLG is increasing its collaboration with artists to present their works using its premium display panels. LG Electronics said Sunday that its flexible displays will be featured at a media art exhibition in London that will be held through the end of this year.A total of 100 organic light-emitting diode (OLED) displays will be used to show nine out of 13 pieces of art, created by 12 teams of renowned artists, at the art gallery "180 The Strand" through Dec. 18, LG said.The exhibition will present the works of artists such as the U.K. performance stage designer Es Devlin. Korean teams represented by Seoul National University professor Park Je-seong and media artist unit a'strict are also taking part.LG's OLED displays have been used for a piece that appears as a blossoming flower by uniting six bendab

Oct 25, 2021By Kim Bo-eun
LG's flexible displays to be featured at London art exhibition
Tech & Science

All eyes on Lee Jae-yong's next move on late chairman's death anniversary

Samsung Vice Chairman Lee Jae-yong enters the Seoul Central District Court, Oct. 12, for a hearing on the illegal use of the surgical anesthetic propofol. Korea Times photo by Ko Young-kwonOngoing legal battles to weigh on Samsung heirBy Kim Bo-eun Samsung heir Lee Jae-yong is being watched closely over how he will steer the nation's largest conglomerate on the first anniversary of the death of his father and the business group's late chairman, Lee Kun-hee. Lee, who was released from prison in August, is seen to have three key missions ― creating new growth engines through bold investments, overhauling corporate governance and finding a solution to union-management relations.Although he has remained relatively silent since his release from prison, the de facto head of the tech giant is expected to emerge once again at the forefront of managing the conglomerate and play an even greater role than he did in the past year. The Samsung chief received a prison sentence in January for bribing impeached and jailed former President Park Geun-hye, but was released via a special pardon in Augus

Oct 24, 2021By Kim Bo-eun
All eyes on Lee Jae-yong's next move on late chairman's death anniversary
Economy

Korea urged to monitor a possible shrink in exports

Shipping containers are seen at a port / gettyimagesbankBy Kim Bo-eunThe Korea International Trade Association (KITA) on Wednesday warned of risks ahead of U.S. tapering measures, as Korea's exports to emerging economies with weak fiscal conditions could slow down.The KITA-affiliated Institute for International Trade issued a report stating that tapering implemented by the U.S. since the global financial crisis in 2008 increased uncertainty in emerging economies with high fiscal risks, affecting Korea's exports to these countries.The share of trade involving emerging economies as a percentage of global trade steadily increased from 26.1 percent in 2002, to 40.8 percent in 2014, but since 2014, after the U.S. took tapering measures, the percentage of trade involving emerging economies stopped growing, remaining at around 40 percent.In particular, the percent of trade involving countries such as Brazil, India, Indonesia, Turkey and South Africa, which were classified as financially vulnerable during the financial crisis, shrank. In 2015, when the interest rate hikes began, global impor

Oct 20, 2021By Kim Bo-eun
Korea urged to monitor a possible shrink in exports
Companies

Korea's homegrown 'Nuri' space rocket awaits launch

Korea's homegrown “Nuri” space rocket is stationed at the Naro Space Center in Goheung, South Jeolla Province, Wednesday. The three-stage, liquid-fueled rocket, also known as the Korean Satellite Launch Vehicle II, will lift off on Thursday, carrying a 1.5-ton dummy satellite. If successfully launched, the payload will enter into a low orbit 600 to 800 kilometers above the earth and Korea will become the world's seventh country capable of launching into orbit a satellite weighing over 1 ton. Courtesy of the Korea Aerospace Research Institute

Oct 20, 2021By Kim Bo-eun
Korea's homegrown 'Nuri' space rocket awaits launch
Tech & Science

KakaoT, UT, Tada to battle for cab-hailing services market

Vehicles using the cab-hailing platform KakaoT are parked in a parking lot for a taxi management company in Seoul. YonhapBy Kim Bo-eunThe market for cab-hailing services is set to heat up during the rest of the year, as the current social distancing measures are likely to be eased and platform firms are stepping up their game.The government plans to remove some social distancing restrictions in November, as the percentage of vaccinated people nears 70 percent. The limit on business operating hours for restaurants and bars is expected to be lifted, which will may enable a flurry of year-end gatherings and result in a surge in demand for taxis.The cab-hailing market has so far been dominated by KakaoT, with 10 million monthly active users, but the company is facing growing competition from smaller players. UT, a joint venture with SK Telecom's T Map Mobility, follows Kakao with 980,000 monthly active users. Tada is the smallest player in the market, with about 110,000 monthly active users. Kakao's market share is far greater compared to the other two players, but it faces competition f

Oct 20, 2021By Kim Bo-eun
KakaoT, UT, Tada to battle for cab-hailing services market
Companies

Skyrocketing oil prices

A signboard at a gas station in Seoul, Tuesday, shows the recent surge in gasoline prices. International oil prices peaked in recent weeks to their highest in seven years, prompting a spike in domestic prices. U.S. crude oil topped $80 per barrel Oct. 8, the highest since 2014, and has since inched up further. The price of gasoline in Seoul, the region with the highest oil prices in Korea, exceeded 2,500 won per liter, up from 1,800 won the previous day. Yonhap

Oct 19, 2021By Kim Bo-eun
Skyrocketing oil prices
Tech & Science

Samsung provides training for mixed heritage youth

A group of multiracial students taking part in Samsung Electronics Service's IT training program poses in this photo released by Samsung Electronics, Tuesday. The tech giant's repair services unit is supporting such students through various means, including IT classes, tuition subsidies and counselling sessions. Courtesy of Samsung Electronics Service

Oct 19, 2021By Kim Bo-eun
Samsung provides training for mixed heritage youth
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