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Reporter : Baek Byung-yeul
Fri, December 8, 2023 | 06:06
KCC faces deteriorating finances as US unit Momentive struggles
KCC Corp. is a holding company of KCC Group, a conglomerate engaged in construction materials, flooring materials, silicone, glasses and construction businesses. In 2019, the company formed a consortium with a private equity firm and other partners and acquired Momentive for $3.1 billion.
Samsung Electronics appoints younger figures in personnel reshuffle
Samsung Electronics carried out a generational shift by appointing executives in their 30s as vice presidents and executives in their 40s as executive vice presidents to lay the foundation for future growth, the company said Wednesday.
NCSOFT's Throne and Liberty to hit global market in 2024
NCSOFT is preparing to launch its role-playing game (RPG) Throne and Liberty (TL), Dec. 7. The company said Wednesday that the global market was considered from the beginning of the game's development and that it will launch internationally next year in partnership with global publisher Amazon Games.
NCSOFT forges partnership with Sony
NCSOFT CEO and founder Kim Taek-jin, left, poses with Jim Ryan, CEO of Sony Interactive Entertainment (SIE), during a partnership signing event in this photo provided by the Korean game company, Wednesday. NCSOFT said the two companies forged a strategic partnership to strengthen global business including the mobile sector. Courtesy of NCSOFT
Hancom challenges MS with AI assistant
Hancom will launch the AI-powered intelligence document creation tool Hancom Assistant in 2024 in a bid to catch up with Microsoft in the global market, according to CEO of the local software company, Tuesday.
Samsung Biologics surpasses 3 tril. won in annual orders for 1st time
Samsung Biologics has surpassed 3 trillion won ($2.3 billion) in accumulated annual orders with its contract development and manufacturing organization (CDMO) drug manufacturing business thanks to a recent large-scale contract with an Asia-based pharmaceutical company, according to the drugmaker, Tuesday.
Nexon, Kakao Games accused of using feminist hand gesture in promotional videos
Nexon, Kakao Games and other game companies here were criticized heavily over the weekend, when a hand gesture associated with a defunct radical feminist community was spotted in promotional videos for their games. As the controversy spread online, the companies removed the videos that they said had been produced by an outsourced company, and apologized for failing to review ...
Samsung retains top CEOs, launches unit to prepare for future
Samsung Electronics has recently established the Future Business Planning unit to help the company explore new business opportunities for future growth. At the same time, the company will continue to maintain its CEO system - which is divided into two sectors: one for semiconductors and one for consumer devices - in its annual reshuffle of executives, Monday, adding that the ...
Robots slowly integrating into everyday life in Korea
Robots are gradually becoming part of daily life in Korea, as the country’s recent amendment to the act governing the use of robots has allowed outdoor autonomous robots to drive on sidewalks for delivery, patrols and other purposes.
Hyundai Motor chief promotes Busan's bid to host World Expo 2030
Hyundai Motor Group Executive Chair Chung Euisun appeals for support for Busan's bid to host the World Expo 2030 to delegates representing member nations of the Bureau International des Expositions (BIE) during a banquet at a hotel in Paris, Thursday (local time). During the event, which was attended by President Yoon Suk Yeol, Chung said, “Following Korea's advancement...
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