SEOUL, Nov. 30 (Korea Bizwire) — Chey Tae-won, the chairman of SK Group, has revealed that the company is willing to boost investment in a new electric car battery plant in the U.S. state of Georgia. Construction of the plant is expected to kick off next year. Chey visited SK’s Washington D.C. office on November [...]
WASHINGTON, Nov. 28 (Korea Bizwire) — The chairman of South Korea’s SK Group was in Washington on Wednesday, vowing to make a commitment not only to the U.S. market but also its people and society. Chey Tae-won, who heads South Korea’s third-largest conglomerate by assets, formally opened the Washington office of chipmaker SK hynix Inc. [...]
SEOUL, Nov. 9 (Korea Bizwire) — Vietnamese Prime Minister Nguyen Xuan Phuc has asked the chairman of South Korea’s SK Group to participate in the privatization of state-owned companies in one of the world’s fastest growing economies, the conglomerate said Friday. “We will spare no effort in providing comprehensive assistance in cooperation with SK,” Phuc [...]
SEOUL, Oct. 5 (Korea Bizwire) — Chey Tae-won, chairman of SK Group, showed special attachment to SK hynix Inc. as the company held a completion ceremony for the M15 production line at the SK hynix factory in Cheongju, North Chungcheong Province. Chey bought Hynix Semiconductors Inc. for 3.4 trillion won six years ago, changing the [...]
SEOUL, Mar. 26 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. has emerged as a key affiliate of SK Group by making up nearly half of the conglomerates’ market capitalization, industry watchers said Monday. SK hynix, purchased by SK Group exactly six years ago, when the company posted a net loss of 159 billion [...]
SEOUL, Jan. 3 (Korea Bizwire) – Aside from “business”, “value”, “customer” and “innovation” were the keywords most commonly uttered by the leaders of South Korea’s top 10 conglomerates in their New Year’s addresses. Data provided by leadership assessment service CEOscore revealed that after “business”, which was uttered a leading 32 times, value, customer and innovation [...]
NEW YORK, Sept. 28 (Korea Bizwire) — The chief of South Korean conglomerate SK Group said Thursday its chipmaking unit’s participation in a deal to acquire Toshiba Corp.’s memory business still has many hurdles to clear, adding he will keep the company on its toes until the deal is finalized. Japanese tech giant Toshiba signed [...]
SEOUL, Jul. 20 (Korea Bizwire) — SK Group will take steps to boost domestic consumption, including encouraging its employees to take long vacations and facilitate growth of subcontractors, corporate sources said Thursday. CEOs of the group’s key subsidiaries met in Seoul on Tuesday where they discussed enhancing work effectiveness and contributing to spurring local demand, [...]
SEOUL, Jul. 9 (Korea Bizwire) — SK Group Chairman Chey Tae-won recently met with government officials in China to discuss possible investments in a variety of business sectors, the company said Sunday. On Friday, SK Chairman Chey had meetings with officials from the Tianjin City to share views on petrochemicals, semiconductors, environment-friendly energy and bio [...]
SEOUL, June 23 (Korea Bizwire) – SK Group Chairman Chey Tae-won said Friday its semiconductor arm’s move to join the acquisition of Toshiba Corp.’s chip business is “not finished,” hinting there are still challenges moving forward. The remark came as a global consortium including South Korea’s SK hyinx Inc. was tapped as the preferred bidder [...]