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Lee Gyu-lee

Korea Times Business Reporter

Lee Gyu-lee is a business writer at The Korea Times, focusing primarily on IT & telecommunications, the Ministry of Trade, Industry and Energy and KOTRA. Prior to this, she has covered a wide range of cultural news, from film, television and K-pop to lifestyle and fashion.

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Companies

Global LNG leaders gather in Gyeongju to tackle AI-era energy demands

SK Innovation will host the Asia Pacific LNG Connect session on Friday during the APEC CEO Summit, organized by the Korea Chamber of Commerce and Industry (KCCI). The session will address LNG, or liquefied natural gas, supply stability and sustainability in Northeast Asia, the world’s largest LNG-consuming region, and its role in meeting rising power demand in the artificial intelligence (AI) era. The APEC CEO Summit, scheduled from Tuesday to Friday in Gyeongju, North Gyeongsang Province, is the Asia-Pacific region’s largest annual business forum, attracting around 1,000 global CEOs, academics and government officials to discuss key economic issues and future directions. SK Group Senior Vice Chairman Chey Jae-won and SK Innovation E&S President Choo Hyeong-wook will outline their vision for a sustainable energy ecosystem at the LNG session. Leaders from 10 companies across six countries, including Thailand’s PPT and Japan’s Tokyo Gas, will discuss energy security, competitiveness and sustainability in a session moderated by Keisuke Sadamori of the IEA. The United States’ strat

Oct 27, 2025By Lee Gyu-lee
Global LNG leaders gather in Gyeongju to tackle AI-era energy demands
  • SK chairman's global reach shapes largest-ever APEC CEO Summit
Tech & Science

SK chairman's global reach shapes largest-ever APEC CEO Summit

The upcoming Asia-Pacific Economic Cooperation (APEC) CEO Summit, scheduled in Gyeongju from Tuesday through Friday, is shaping up to be the largest in history, in terms of the number and caliber of speakers, participants and program content. The event is expected to bring together over 1,700 business leaders from the 21 APEC member economies. As attention turns to whether the APEC Economic Leaders’ Summit will yield a breakthrough in global tariff disputes, the gathering of top business and industry figures is also drawing focus for insights into future economic trends. The driving force behind this year’s expanded edition is its host, Chey Tae-won, chairman of SK Group and the Korea Chamber of Commerce and Industry (KCCI). As both chair and head of the organizing committee, Chey has steered the planning and operations of the summit, leveraging his extensive international network and leadership to secure the participation of key global figures. A longtime advocate for the international expansion of Korean companies, Chey also played a leading role in Korea’s bid for World Expo 2030

Oct 27, 2025By Lee Gyu-lee
SK chairman's global reach shapes largest-ever APEC CEO Summit
  • Global LNG leaders gather in Gyeongju to tackle AI-era energy demands
Tech & Science

Korea’s AI alliances with global tech giants spotlighted ahead of APEC CEO Summit

As the world transitions to artificial intelligence (AI) technologies, Gyeongju, North Gyeongsang Province, is set to take center stage in the global business community as the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit brings together top business moguls to spotlight AI as a key driver of economic growth. In recent years, Korean businesses have been scrambling to expand their reach into AI, forming partnerships with global tech giants and seeking to play a pivotal role in reshaping the future of industry and trade across the Asia-Pacific. Since 2018, Samsung has rapidly expanded its AI footprint, establishing dedicated research centers around the world, including the United States, Canada, United Kingdom and Russia, while discussing partnerships with U.S. tech giants Google and Microsoft. Samsung deepened its collaboration with Microsoft this year and integrated Microsoft’s generative AI platform, Copilot, into Samsung’s latest lineup of smart TVs, monitors and Galaxy devices, allowing users to access the platform directly through voice or remote commands. Last week, th

Oct 27, 2025By Lee Gyu-lee
Korea’s AI alliances with global tech giants spotlighted ahead of APEC CEO Summit
Others

POLL APEC summit expected to elevate diplomacy, culture, but public awareness low

Korea’s role as host of the Asia-Pacific Economic Cooperation (APEC) summit has stirred a range of public expectations, reflecting both optimism on national prestige and concerns over awareness. A recent survey commissioned by The Korea Times shows that citizens see the international gathering as a prime opportunity to bolster the nation’s global standing, especially in diplomacy and culture, although people differ in how they interpret its significance by political affiliation. However, despite the summit’s high profile, many Koreans remain only vaguely familiar with its purpose and significance, highlighting a gap between public optimism and awareness. Anticipating diplomatic, cultural gains The survey, conducted Thursday and Friday via phone with 1,004 randomly selected participants aged 18 and older nationwide, found that the most common expectation was a significant boost to Korea’s diplomatic profile on the global stage, accounting for 25 percent of responses. With APEC meetings bringing together political and business leaders from major economies across the Asia Pacific reg

Oct 27, 2025By Lee Gyu-lee
[POLL] APEC summit expected to elevate diplomacy, culture, but public awareness low
Tech & Science

GS partners with Vercel to drive AI-led workplace innovation

GS Group has teamed up with Vercel, the U.S.-based cloud and artificial intelligence (AI) platform, to accelerate its AI transformation (AX) initiative. The two companies signed a memorandum of understanding for a strategic partnership during Vercel’s Ship AI 2025 conference, held in San Francisco, Thursday (local time). GS Holdings Vice President Kim Jin-a attended the signing ceremony, along with GS Neotek Chief Technology Officer Lee Sang-oh and GS Futures CEO Huh Tae-hong. Vercel's founder and CEO Guillermo Rauch and Chief Operating Officer Jeanne Grosser joined the ceremony. Under the agreement, the two companies will work together to uncover new cases for vibe coding in industrial operations and collaborate on advancing GS’s AX platform, MISO. Vibe coding is an emerging development approach where AI generates code automatically based on the user's intent, rather than writing code manually. It moves step further from the no-code and low-code concepts of using pre-built components in app creation, allowing users with less technical experience to turn their ideas into functional ap

Oct 24, 2025By Lee Gyu-lee
GS partners with Vercel to drive AI-led workplace innovation
Companies

KITA holds trade roundtable with Tennessee governor to deepen trade, investment ties

The Korea International Trade Association (KITA) held a trade roundtable with Tennessee Gov. Bill Lee in Seoul Thursday, to discuss ways to expand trade and investment cooperation. Joining the governor were Stuart McWhorter, deputy governor and commissioner of the Tennessee Department of Economic and Community Development, and Allen Borden, deputy commissioner. On the Korean side, participants included KITA Chairman Yoon Jin-sik, Meta Biomed Chairman Oh Suk-song, Hyundai Motor Group Executive Vice President Kim Dong-wook and YG-1 Chairman Song Ho-keun. Representatives from Korean companies already operating in or considering expansion into Tennessee also attended to exchange views directly with state officials on future industrial cooperation, workforce development and local operational support. Tennessee is recognized as one of the leading manufacturing hubs in the United States, home to major Korean investors such as LG Electronics, Hyosung Heavy Industries and Hankook Tire. “South Korea continues to be a key economic partner for the State of Tennessee, particularly in advanced manuf

Oct 23, 2025By Lee Gyu-lee
KITA holds trade roundtable with Tennessee governor to deepen trade, investment ties
Companies

POSCO E&C to unveil premium interior collection The Atelier Edition

POSCO E&C will officially unveil its new high-end interior collection, The Atelier Edition, developed in collaboration with world-renowned interior designer Teo Yang, with a launch event on Nov. 7 in southern Seoul. The new line combines the refined aesthetic of the construction firm’s luxury residential brand, Hauterre, with Yang’s unique design philosophy, presenting a living space where artistry and technology come together in perfect harmony. “The Atelier Edition is a new form of high-end living that integrates art, technology, tradition and modernity,” a company official said. “We’ll continue to expand our Hauterre brand by introducing lifestyle trends that reflect our clients’ refined sensibility and aspirations.” The Atelier Edition goes beyond simply offering premium materials, delivering a fully curated residential experience. From furniture and lighting to home styling, Yang personally envisioned every element for a complete living space that allows residents to own a work of art. Yang is renowned for bringing a contemporary touch to traditional Korean aesthetic

Oct 23, 2025By Lee Gyu-lee
POSCO E&C to unveil premium interior collection The Atelier Edition
Law & Crime

Gov’t to gain wider powers to probe cybersecurity breaches

The Korean government plans to expand its authority over cybersecurity investigations, enabling faster on-site inspections without requiring prior reports from companies in suspected data breach cases. It will also impose tougher penalties for delayed breach reporting and security negligence. The Office of National Security, along with related agencies including the Ministry of Science and ICT, the Personal Information Protection Commission, the National Intelligence Service and the Financial Services Commission, rolled out a set of sweeping cross-ministerial cybersecurity plans on Wednesday aimed at countering a surge in cybersecurity incidents nationwide and restoring public trust in digital security. The comprehensive initiative also includes conducting intensive security inspections on more than 1,600 major information technology systems across government, financial and telecommunications platforms. “The government will strengthen its legal authority to conduct immediate on-site investigations even without company reports when evidence of cyberattacks is found and will impose heav

Oct 22, 2025By Lee Gyu-lee
Gov’t to gain wider powers to probe cybersecurity breaches
Tech & Science

LG Uplus agrees to report suspected cyber breach

LG Uplus, after initially denying it had suffered a cyberattack, has reversed its stance and will formally report a suspected hacking incident to authorities amid growing concerns over leaked internal data, its CEO said, Tuesday. During a parliamentary audit session at the National Assembly in Seoul, CEO Hong Bum-shik confirmed that LG Uplus would formally report the hacking incident to the cybersecurity watchdog, the Korea Internet & Security Agency (KISA). “Our understanding was that reports should be filed after confirming an actual cyber breach,” Hong said. “However, given the growing confusion and misunderstanding, we plan to take a more proactive stance.” In August, the telecom company faced mounting scrutiny after global cybersecurity journal Phrack Magazine reported that two anonymous white-hat hackers had obtained eight gigabytes of leaked data from an attacker suspected to be affiliated with the North Korean hacker group Kimsuky. The leaked data allegedly includes LG Uplus’ information from 8,938 servers, 42,526 user accounts and 167 employees. KISA detected signs of h

Oct 21, 2025By Lee Gyu-lee
LG Uplus agrees to report suspected cyber breach
Tech & Science

Arm VP highlights Korea as rising hub for AI semiconductor innovation

British semiconductor and software design company Arm is deepening its global influence on artificial intelligence (AI) infrastructure as it strengthens engagement with Korea’s technology ecosystem and joins the board of directors at the Open Compute Project (OCP), setting the standard for open, converged AI data centers. Eddie Ramirez, the company’s vice president of Infrastructure Business, emphasized Korea’s growing strategic importance in the global AI semiconductor landscape, describing it as a uniquely complete ecosystem that integrates the entire semiconductor value chain in one. “(Korea) is one of the few markets that has every part of the supply chain here; from the foundry services, basic design services (to) key third party intellectual properties are all developed here in Korea, as well as a lot of the complex packaging,” he said during a media briefing at the company’s Arm Unlocked event in Seoul, Tuesday. “It is also important because the Korean government has provided significant investment and (taken) AI as a strategic initiative. And so we are seeing a wea

Oct 21, 2025By Lee Gyu-lee
Arm VP highlights Korea as rising hub for AI semiconductor innovation
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