Business - The Korea Times

Samsung hosts UAE leader

Samsung Electronics Vice Chairman Lee Jae-yong, left, poses with Crown Prince Mohammed bin Zayed Al-Nahyan of Abu Dhabi at the firm’s chip manufacturing plant in Hwaseong, Gyeonggi Province, Tuesday. The firm said the de facto leader of the United Arab Emirates toured the plant and was briefed on the firm’s future business strategy. / Courtesy of Samsung Electronics

Feb 26, 2019By Baek Byung-yeul

Commemorating independence fighter

Models show off various products including ballpoint pens produced in commemoration of the centennial of the March 1 Independence Movement at an E-Mart 24 convenience store in central Seoul, Monday. Shinsegae's convenience store chain said it will carry out the commemorative event until March 31. / Yonhap

Feb 25, 2019

SKT, KT, LG U+ to boast 5G leadership at MWC

Seen is a mock-up of KT's booth at the Mobile World Congress tech fair, which will take place in Barcelona from Monday to Thursday. / Courtesy of KTBy Baek Byung-yeulKorean telecom firms ― SK Telecom, KT and LG Uplus ― will showcase their cutting-edge fifth-generation (5G) network technologies in front of over 107,000 attendees at the Mobile World Congress (MWC), which kicks off Monday in Barcelona.The MWC is the world largest trade fair for the mobile industry. The four-day event will feature over 2,400 companies from across the world, the event organizer Global System for Mobile Communications Associations (GSMA) said.With the three telecom firms set to offer 5G commercial services starting in March, they will bring the transformative power of the latest network connectivity technology to the MWC to pull ahead of competitors in the 5G race.Chiefs of the three telecom firms will attend the MWC for conversations, agreement and contracts with information and communications technology (ICT) businesses, officials of the firms said.In addition, device manufacturers Samsung Electronics an

Feb 24, 2019By Baek Byung-yeul

SKT, KT, LG U+ to boast 5G leadership at MWC

For Korea-India biz tie

Indian Prime Minister Narendra Modi poses with Minister of Trade, Industry and Energy Sung Yun-mo, left, and Korea-India Economic Cooperation Council Chairman Kong Young-woon during a business symposium held by the Korea Chamber of Commerce and Industry at the Lotte Hotel in Seoul, Thursday. Yonhap

Feb 24, 2019By Nam Hyun-woo

To counter fine dust

A model promotes colored face masks at an E-mart store in Seoul, Sunday. The government issued emergency anti-ultrafine dust measures throughout the weekend as the dust level remained high across the country. Courtesy of E-mart

Feb 24, 2019By Nam Hyun-woo

Renault executive in Busan

Jose-Vicente De Los Mozos, center, an executive vice president of the Manufacturing & Supply Chain at Renault Group, holds talks with workers of Renault Samsung Motors at the firm's Busan factory, Thursday. The visit of Renault's key executive came amid prolonged conflicts between the management and the union in wage negotiations. The Korean unit of Renault said Friday that De Los Mozos called on both sides to reach an agreement at the earliest possible date to better cope with tougher market conditions. / Courtesy of Renault Samsung Motors

Feb 22, 2019

Attracting investment for startups

Chung Mong-koo Foundation Chief Director Kwon O-kyu, front row second from left, and Minister of Employment and Labor Lee Jae-kap, third from left, pose with participants of Hyundai Motor Group's H-ondream demo day event in Jung-gu, Seoul, Wednesday. The event is aimed at matching investors and nine promising startups and it has been providing 14 billion won for 208 teams since 2012. From left are Chung Mong-koo Foundation Director Lee Hyoung-keun, Kwon, Lee and Hyundai Motor President Kong Young-woon. Courtesy of Hyundai Motor Group

Feb 21, 2019By Nam Hyun-woo

Rolls-Royce CEO in Seoul

Rolls-Royce Motor Cars CEO Torsten Muller-Otvos touches the emblem of the Silver Ghost at the luxury car brand's new showroom in Cheongdam-dong, Seoul, Wednesday. Only 35 Silver Ghosts were built in limited edition and one of them was displayed in the showroom to celebrate its opening. Yonhap

Feb 20, 2019By Nam Hyun-woo

Homeplus' permanent job deal

Homeplus CEO Lim Il-soon, left, shakes hands with Korea Mart Labor Union Homeplus chapter head Joo Jae-hyun after they signed this year's wage deal at the discount chain's headquarters in Gangseo-gu, Seoul, Monday. Under the deal, the company's 12,000 contract workers will be granted permanent employment status, and a 7.2 percent salary increase. The discount chain is run by Homeplus Corp. and Homeplus Stores, and the latter's union is also in separate negotiations over giving regular jobs to contract workers. Courtesy of Homeplus

Feb 19, 2019By Nam Hyun-woo

Ediya Coffee's new plant

Ediya Coffee Chairman Moon Chang-ki, eighth from left, and other officials of the coffee franchise broke ground on a new plant in Pyeongtaek, Gyeonggi Province, Monday. The 35 billion won center will be able to process 6,000 tons of coffee beans a year, when completed in April next year. Courtesy of Ediya Coffee

Feb 18, 2019By Nam Hyun-woo

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