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Reporter : Kim Bo-eun
Tue, October 19, 2021 | 18:20
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 pr...
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 sub...
IT firms cautious about ending work-from-home under 'Living with COVID-19'
With the government preparing to ease social distancing measures starting next month, companies are mulling over how they will adapt to the impending “Living with COVID-19” policy. The government is aiming to ease most distancing regulations as the percentage of vaccinated people is projected to reach 70 percent by the end of October.
LGES on aggressive U.S. expansion with Stellantis tie-up
LG Energy Solution (LGES) is aggressively expanding its presence in the fast-growing U.S. market for electric vehicles (EVs), unveiling plans for its second joint venture with a global carmaker, Monday. LGES has moved quickly to recover from fallout over GM EV battery fires, accelerating the process to debut on the local stock market.
POSCO Chemical honored at S&P Global Platts Global Metals Awards
POSCO Chemical said Friday that it was recognized as a "rising star" for its growth model as a materials company at the "Global Metals Awards" ceremony hosted by Standard & Poors Global Platts. This is POSCO Chemical's first global award.
'Demand for green, sustainable networks to grow'
A Huawei executive on Thursday stated that demand will grow for green and sustainable networks, as solutions for reducing energy consumption are sought. This was one of the key wireless industry trends Huawei's Board Executive Director and ICT Infrastructure Managing Board Chairman David Wang outlined at the Global Mobile Broadband Forum 2021 held in Dubai.
Woori employees donate blood for children with cancer
Woori Financial Group said Thursday that it donated 500 blood donation cards to the Korea Childhood Leukemia Foundation. Woori group's vice president Choi Dong-soo delivered the donation cards to the foundation's chief, Seo Sun-won, at a ceremony at the foundation's headquarters in northern Seoul, Wednesday.
Popularity of 'Squid Game' reignites net neutrality debate
The huge success of the Netflix series “Squid Game” has led to a surge in network traffic, raising calls for the global content producer to pay for the usage of telecommunications infrastructure. At the crux of the issue is who will take on the bigger burden of surging data costs ignited by the popularity of streaming content during the COVID-19 pandemic.
Samsung Electronics stock on course toward rebound
Samsung Electronics' stock price is expected to pick up momentum in the coming months on the back of the company's improvements in non-memory chip earnings and strong demand for its foldable smartphones, analysts said Sunday. The forecast came as the tech giant's stock has remained sluggish, due to an expected slowdown in the memory chip market, despite record quarterly earni...
Global institutions call for Samsung to embrace environmental vision
Samsung is facing growing calls from global institutional investors to make a greater environmental commitment through its businesses. Samsung is the only one out of the country's four major groups that has not joined Renewable Energy 100 (RE100), a global initiative seeking to source 100 percent of electricity consumption from renewable sources.
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