Fair Trade Commission to designate Lee Jae-yong, head of Samsung and Shin Dong-bin, head of Lotte Group

The legal group of Samsung and Lotte Group have been changed to Lee Jae-yong, vice chairman of Lee Jae-yong from Lee Kun-hee and Shin Dong-bin, as the chairman of Lotte group. The pressure from the competition authorities..

Moon Jae-in in lead and Xi Jinping, Abe to follow

President Moon Jae-in`s so called `driver theory` has become more resilient after the inter-Korean summit. US President Donald Tr..

Division effect of Industry Ministry ? Samsung Electronics to target ¡°No.2 in semiconductor foundry¡±

Samsung Electronics is now targeting sales of more than USD 10 billion (about KRW 10.7 trillion) this year and second place in the industry in its foundry business, however, if capacity expansion and micro-process introdu..

Labor transfer to have been rejected in shareholder general meeting, Financial labor union ready to restart

It seems that the controversy will arise as the labor union in the financial sector resigns from the financial holding shareholders` After KB Financial Group union`s recommendation of workers` directors was rejected by ma..

Problems in transport, safety and environment¡¦ ¡®3rd crisis for ¡®Shinsegae logistics center¡¯

The construction of the Henan online center, which the Shinsegae Group has been pursuing ambitiously, is a prime example. Local residents are strongly opposed to building online centers because of traffic congestion, safe..

Final rule of 5G frequency auction to be completed¡¦ Last labor pains over ¡®total amount limit¡¯

[Digital Times, Kim Ji-young] The industry is gaining attention in the final 5th generation (5G) frequency allocation auction, which the Korean government plans to unveil in early May. The "total amount limit" is expected..

3 major mobile carriers in deteriorated performance due to contract discount¡¦ Universal fare system & 5G investment ¡®invisible¡¯

[Digital Times, Jong Ye Lin] Three major mobile carriers reported that their earnings in Q1 were worse than the same period last..