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Top Conglomerates Offer Support as India Extends World’s Biggest COVID-19 Lockdown

Top Conglomerates Offer Support as India Extends World’s Biggest COVID-19 Lockdown

SEOUL, April 16 (Korea Bizwire) — South Korea’s large business groups are continuing to provide support to India, which has enacted strict measures to limit the spread of new coronavirus. Although factories have been closed due to the national lockdown, Korean companies have been increasing support activities for local residents most affected by the outbreak. [...]

Biz Groups Step Up to Provide Quarantine Supplies in Virus Fight

Biz Groups Step Up to Provide Quarantine Supplies in Virus Fight

SEOUL, March 25 (Korea Bizwire) — South Korean conglomerates are using their global networks and resources to help provide quarantine supplies here, industry insiders said Wednesday, as they step up support for the country’s fight against the novel coronavirus. Major business groups like Samsung and LG have already donated cash and offered their facilities to [...]

Coronavirus Outbreak Prompts Conglomerates to Extend Work-from-Home Policies

Coronavirus Outbreak Prompts Conglomerates to Extend Work-from-Home Policies

SEOUL, March 9 (Korea Bizwire) — The ongoing coronavirus epidemic is forcing conglomerates to allow employees to work at home over an extended period. While it began as means to prevent the coronavirus, companies are using the occasion as a chance to test digital transformation, one of the leading concepts of the Fourth Industrial Revolution. [...]

S. Korea’s Non-traditional Tech Firms to Showcase Mobility Solutions at CES

S. Korea’s Non-traditional Tech Firms to Showcase Mobility Solutions at CES

SEOUL, Jan. 3 (Korea Bizwire) — They may not have eye-catching tech gadgets and high-end technologies, but a slew of South Korea’s major conglomerates, such as Hyundai Motor Co. and SK Innovation Co., are ready to showcase their solutions primarily in the mobility sector at the upcoming tech expo in the United States. While Samsung [...]

SK Group Hires More Permanent Employees, Ranks First in Average Salary

SK Group Hires More Permanent Employees, Ranks First in Average Salary

SEOUL, Nov. 18 (Korea Bizwire) — Among South Korea’s major conglomerates, SK Group has increased its number of regular workers by the most in the past year compared to the group’s size. According to an analysis of third quarter reports by industry tracker Infobigs on listed companies affiliated with the country’s 34 conglomerates, SK Group’s [...]