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Reporter : Park Jae-hyuk
Sun, November 27, 2022 | 14:52
LG Uplus aims to export 'K-education' to global market
LG Uplus seeks to export “K-education” to the global market, based on the domestic popularity of its profitable child-oriented content service, the company said, Thursday. The telecommunications firm also plans to establish an e-commerce platform that can recommend instructors and educational products suitable for each child.
[INTERVIEW] Korean movies filmed with IMAX cameras coming soon
Despite having one of the world's most lucrative IMAX theaters in CGV Yongsan I-Park Mall in Seoul, Korea has never had a local Korean-language movie filmed with an IMAX camera, unlike neighboring China and Japan. The global popularity of “Parasite” and “Squid Game” have not stopped Korean filmmakers from hesitating to use the Canadian company's high-resolution camera. Since ...
[INTERVIEW] Korea warned against heavy sanctions on Apple, Google
An economist from a U.S. think tank has raised an issue with the Korean government's move to impose sanctions on Apple and Google for allegedly compelling the use of their own in-app payment systems. Michael Mandel, vice president and chief economist of the Progressive Policy Institute (PPI) which was described by the Washington Post as a “centrist Democratic institute,” sugg...
POSCO to resume typhoon-hit steel mill operations over Chuseok
POSCO plans to resume the operation of three blast furnaces at its main steel mill in Pohang, North Gyeongsang Province, starting this Saturday, as repairs have gone smoothly after Typhoon Hinnamnor swept through the region, the steelmaker said, Thursday.
Campaign to host World Expo in Busan heats up before Chuseok
Korea's largest conglomerates have strengthened their partnerships with the government ahead of the Chuseok holiday this weekend, in order to go all out for Busan's bid to host the World Expo 2030, according to the Korea Chamber of Commerce and Industry (KCCI), Thursday. The KCCI, serving as the headquarters of the civilian committee to support Busan's bid for the World Expo,...
KOIMA chairman meets with Chinese ambassador
Korea Importers Association (KOIMA) Chairman Kim Byung-kwan, left, poses with Chinese Ambassador to Korea Xing Haiming at the Embassy of China in Seoul, Thursday. They discussed ways to boost trade between the two countries, as well as the association's plan to send a delegation to China early next year to discuss supply chain diversification. Courtesy of KOIMA
Samsung, SK, LG brace for crisis with preemptive investments
Samsung, SK and LG have continued to expand their domestic and overseas manufacturing facilities despite the looming economic recession, in apparent attempts to overcome the crisis by making preemptive investments, according to industry officials, Wednesday. Although most companies have downsized their operations amid the uncertain business environment, the tech giants have d...
Typhoon floods steel mills of POSCO, Hyundai Steel
POSCO and Hyundai Steel are feared to have suffered major damage from Typhoon Hinnamnor, which flooded their steel mills in Pohang, North Gyeongsang Province, and ruined their steel products there, according to industry officials, Tuesday. When the super typhoon was passing through the southeastern port city early Tuesday morning, a fire broke out in an electrical room at one...
SK Geo Centric executives at risk of being punished for repeated industrial accidents
Top executives of SK Geo Centric, an SK Innovation subsidiary producing petrochemical products, are likely to be punished for repeatedly violating the Serious Accidents Punishment Act, as the labor minister raised concerns over repeated industrial accidents at the company's workplace, according to industry officials, Tuesday.
HHI Group showcases innovative shipbuilding technologies in Milan
Hyundai Heavy Industries (HHI) Group has showcased its green and digital technologies to 38,000 attendees and 750 exhibitors from around 60 countries, during the four-day Gastech 2022 event held in Milan, Italy, the company said, Tuesday.