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“Value”, “Customer”, “Innovation” Keywords of Choice Among Conglomerate Heads

“Value”, “Customer”, “Innovation” Keywords of Choice Among Conglomerate Heads

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 [...]

SK Group Plans Joint Growth with Suppliers, Contributes to Domestic Consumption

SK Group Plans Joint Growth with Suppliers, Contributes to Domestic Consumption

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, [...]

Head of SK Says Toshiba Deal is ‘Not Finished’

Head of SK Says Toshiba Deal is ‘Not Finished’

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 [...]

SK China Appoints Ex-Investment Banker as CEO in Major Shake-Up

SK China Appoints Ex-Investment Banker as CEO in Major Shake-Up

SEOUL, May 16 (Korea Bizwire) — SK Group has appointed Jerry Wu, a former financial expert in investment banking, as the new CEO of SK China as part of a major shake-up to revamp its business strategy amid Chinese economic sanctions and anti-South Korean sentiment over the deployment of a THAAD missile defense system, the [...]

SK Chief Determined to Acquire Toshiba’s Memory Unit

SK Chief Determined to Acquire Toshiba’s Memory Unit

SEOUL, April 21 (Korea Bizwire) – SK Group Chairman Chey Tae-won again expressed his commitment to acquire Toshiba’s NAND flash memory unit, a bid that will further bolster the global presence of SK’s memory affiliate, SK Hynix.  “There are a number of ways that we can cooperate with Toshiba, through actions that will benefit SK [...]