my timesThe Korea Times
jjh

Jun Ji-hye

Korea Times Finance Reporter

Hello, I am Jun Ji-hye, a reporter at The Korea Times. I primarily cover financial authorities and write articles on a wide range of topics related to finance and capital markets. If you have any information to share, feel free to email me at jjh@koreatimes.co.kr, and I will review it carefully. I am committed to always doing my best to communicate with readers through high-quality articles.

Go to Email

Read more

Tech & Science

Samsung SDS to target blockchain-based marine logistics in Europe

By Jun Ji-hyeSamsung SDS has joined forces with the Port of Rotterdam Authority and ABN AMRO, the third-largest bank in the Netherlands, to launch a pilot project aimed at implementing blockchain-based marine logistics operations, the Korean company said Sunday.Through the business agreement, the IT arm of the nation's top conglomerate, Samsung Group, will actively expand its blockchain business to the global market, it said.Samsung SDS plans to complete work to connect its Nexledger, a blockchain platform developed for corporations, to ABN AMRO's Corda platform by the end of February to apply blockchain technology to the Port of Rotterdam Authority's logistics operations. The pilot project is aimed at paperless integration of physical, administrative and financial procedures within international logistics chains.The Korean firm said the project targets goods that depart from ports in Asia and arrive at the Port of Rotterdam.Once the project is completed, institutions and companies will be able to simplify financial dealings and share a variety of documents related to exports and imp

Oct 21, 2018By Jun Ji-hye
Tech & Science

KT to build public safety network in Seoul, Gyeonggi Province

KT's unmanned airship, called Skyship, demonstrates how it would respond to a marine accident. The telecom firm unveiled the Skyship platform in June, saying it will help reduce the response time for search-and-rescue operations in the early stage. / Courtesy of KTBy Jun Ji-hyeKT was selected as a preferred bidder to construct a government-led public safety network in major areas including Seoul and Gyeonggi Province, the company said Thursday.SK Telecom was also chosen as a preferred bidder but it will build the network in fewer areas. Under the 1.7 trillion won ($1.5 billion) LTE-based public safety network (PS-LTE) project led by the Ministry of the Interior and Safety, KT, the second-largest mobile carrier, will construct the national disaster safety communications network in Area A, which includes Seoul, Daegu, Daejeon and Jeju Island, and Area B, which includes Gwangju, Gyeonggi Province, Gangwon Province, North and South Jeolla Provinces. Area A was allocated a budget of 402.6 billion won, while 312.1 billion won budget was allocated to Area B. KT and SK Telecom were neck-and-

Oct 18, 2018By Jun Ji-hye
KT to build public safety network in Seoul, Gyeonggi Province
Tech & Science

Samsung, LG hit by sluggish smartphone business

By Jun Ji-hyeSamsung Electronics and LG Electronics have been grappling with sluggish smartphone sales, while their booming semiconductors, home appliance and other businesses are making up for the shortfalls. Analysts attributed the slowdown to stagnation in the premium smartphone market as well as the threat from low-priced Chinese competitors. Samsung Electronics' third-quarter earnings guidance report released Friday showed that the firm recorded an operating profit of 17.5 trillion won ($15.47 billion), a 20.4 percent increase, on the back of solid sales of DRAM chips. But the tech giant was presumed to have had unsatisfactory results in its smartphone segment despite the release of the Galaxy Note 9.The company did not disclose detailed figures for each business unit. Local brokerage firms estimated Samsung's operating profit in its IT and mobile communications (IM) unit at about 2.2 trillion won, down more than 1 trillion won from a year ago when the firm posted 3.29 trillion won. The estimate was down 500 billion won compared to the previous quarter when the firm did not rele

Oct 7, 2018By Jun Ji-hye
Tech & Science

SKT picks Samsung, Nokia, Ericsson as 5G partners

By Jun Ji-hyeSK Telecom has picked Samsung Electronics, Nokia and Ericsson as preferred bidders for its fifth-generation (5G) network equipment ahead of the launch of the world's first commercial 5G service next March, Korea's top mobile carrier said Friday.Huawei, the Chinese 5G network equipment maker, was excluded from the Korean firm's plans to construct nationwide commercial 5G infrastructure amid growing concerns over its network security in the United States, Japan and other countries.“SK Telecom selected Samsung Electronics, Nokia and Ericsson as preferred bidders to supply 5G equipment in order to realize the world-class 5G quality and vitalize the 5G ecosystem,” an SK Telecom official said. “SK Telecom has concluded the three companies possess the capability of leading relevant technologies amid cutthroat competition worldwide in taking the leadership in the 5G market.”SK Telecom became the first company among the three Korean mobile carriers to select 5G equipment partners. The firm said it will finalize remaining procedures as soon as possible and

Sep 14, 2018By Jun Ji-hye
Tech & Science

LG CNS releases robot service platform with cutting-edge tech

By Jun Ji-hyeLG CNS’s newly launched robot service platform has cutting-edge IT technologies such as artificial intelligence, big data analytics and the internet of things (IoT), the firm said Thursday.The LG Group IT affiliate said the platform, dubbed “Orott,” helps the operation and management of service robots in various industries, including distribution and logistics, and the public sector. When the IT systems of airports, shopping malls and logistics centers, and their clean-up robots, guard robots and guide robots are connected to the platform, a new concept of robot service can be realized, the firm said.“For example, a robot at an airport can be used to escort travelers and inform them of congested areas,” a company official said. Orott has been applied to Incheon International Airport’s guide robots, dubbed “Airstar.” The airport plans to deploy the robots that can escort travelers to immigration and baggage claim areas on July 21.The IT firm said its robot service platform will control eight robots in Terminal 1 and six in T

Jul 19, 2018By Jun Ji-hye
South Korea

Prosecutor may supervise defense projects

By Jun Ji-hyeThe government is considering appointing a senior prosecutor as a defense project supervisor in an effort to rein in corruption within the defense industry, officials said Monday.The position of defense project supervisor is a director-level post directly under the head of the Defense Acquisition Program Administration (DAPA).“The government is considering appointing a prosecutor as a defense project supervisor, a post newly created at the end of last month,” a government official told reporters on condition of anonymity. “The supervisor will be tasked with monitoring major phases of a defense project such as the assessment of proposals, purchase decisions and conclusion of contracts.”The main task of the supervisor will be to review the propriety and legal validity of each defense project, the official said, adding that he or she will also be tasked with any lawsuits related to a defense project.  It is exceptional for an incumbent prosecutor to be appointed to a post at the arms procurement agency.A DAPA official noted, on condition of anon

Jan 4, 2016By Jun Ji-hye
South Korea

Korea, Japan, US eye 3-way summit in spring

By Jun Ji-hye South Korea, the United States and Japan are considering holding a trilateral summit in Washington, D.C. in late March or early April, a Japanese newspaper reported, Sunday.Japan’s Nihon Keizai Shimbun reported that President Park Geun-hye may sit down with U.S. President Barack Obama and Japanese Prime Minister Shinzo Abe on the sidelines of the Nuclear Security Summit, scheduled for March 31 to April 1.The newspaper added that during the summit, the U.S. may confirm its acceptance of a “final and irreversible” agreement on Japan’s sexual slavery of Korean women signed by Seoul and Tokyo.The report came days after Korea and Japan agreed on Dec. 28 to end a dispute over the latter’s sexual enslavement before and during World War II -- the biggest impediment to improving bilateral relations for years.In March, 2014, Obama brokered a rapprochement between Japan and Korea, but this ended without any progress being made.Korea's foreign ministry denied the report. Meanwhile, the Japanese broadcaster NHK also reported Sunday that talks among

Jan 3, 2016By Jun Ji-hye
South Korea

Former opposition leader leaves party

Rep. Kim Han-gilBy Jun Ji-hye Rep. Kim Han-gil, co-founder of the New Politics Alliance for Democracy (NPAD) — the previous name of the main opposition Minjoo Party of Korea — left the party, Sunday.Kim indicated that he would join forces with Rep. Ahn Cheol-soo who plans to launch a new political party by early February, saying he “sympathizes” with Ahn’s pursuit of building a new political order.Kim’s defection follows the Dec. 13 departure of Ahn, the other co-founder of the NPAD who left the party after a power struggle with Chairman Rep. Moon Jae-in.As of Sunday, nine lawmakers have left the main opposition party, reducing its parliamentary seats to 118 against the ruling Saenuri Party’s 156.Kim’s departure is expected to further accelerate a split of the opposition bloc ahead of the April 13 general election.“I leave the party today and stand at the starting line toward new hope,” Kim told a press conference at the National Assembly. “I will start over to win the general election and change the government.&r

Jan 3, 2016By Jun Ji-hye
Former opposition leader leaves party
South Korea

NK upgrading nuclear technology

By Jun Ji-hye South Korean military authorities estimate that North Korea is now capable of producing a nuclear weapon with less than 6 kilograms of plutonium.  Usually, it takes 6 kilograms of plutonium to produce a nuclear weapon, according to defense officials and experts.However, they have revised their earlier estimate down, implying that the North is capable of producing such a weapon with about 5 kilograms of plutonium.“Considering its steady nuclear activity and its progress towards development of nuclear weapons since its first nuclear test in 2006, the North is believed to have reached the stage of producing a nuclear weapon with a smaller quantity of nuclear material,” said a government source on the condition of anonymity.The Ministry of National Defense estimates that the North currently has around 40 kilograms of plutonium.Based on the existing estimate that it takes 6 kilograms of plutonium to produce a nuclear weapon, the North is believed to be capable of producing six to seven nuclear weapons.However, based on the latest estimate that the isola

Dec 25, 2015By Jun Ji-hye
South Korea

Ahn's new party neck and neck with NPAD in polls

By Jun Ji-hyeRep. Ahn Cheol-sooA new political party that independent lawmaker Ahn Cheol-soo plans to launch in February appears to be neck-and-neck with the main opposition New Politics Alliance for Democracy (NPAD) in polls even before its official launch.A survey by pollster Realmeter Thursday showed Ahn’s envisioned party garnered 19.5 percent support, up from last week’s 16.3 percent. The NPAD earned 21.9 percent, down from 25.7 percent.The ruling Saenuri Party held the lead, securing 37.8 percent.Notably, the Honam region, which consists of South and North Jeolla provinces, traditional home turf of the main opposition party, gave more support to Ahn’s party than to the NPAD -- 33.4 percent to 31.7 percent.Ahn, the former co-leader of the NPAD, which he co-founded in March 2014, quit on Dec. 13 after a power struggle with incumbent Chairman Rep. Moon Jae-in.Since Ahn’s departure, five lawmakers, including Rep. Lim Nae-hyun, have left the NPAD to join hands with Ahn to create a new party, with a further exodus of lawmakers expected.  In another survey

Dec 25, 2015By Jun Ji-hye
Ahn's new party neck and neck with NPAD in polls
previous page
165166167168169
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.