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PwC Study Shows Four Out of Five Executives Surveyed (84%) Report Blockchain Initiatives Underway

PwC Study Shows Four Out of Five Executives Surveyed (84%) Report Blockchain Initiatives Underway

LONDON, Aug. 28 (Korea Bizwire) — 84% of executives surveyed by PwC, report blockchain initiatives underway – 15% fully live. The new research from PwC – Blockchain is here. What’s your next move? – surveyed 600 executives in 15 countries and territories, on their development of blockchain and views on its potential. As blockchain rewires [...]

Samsung Electronics Announces Promotion of Executives

Samsung Electronics Announces Promotion of Executives

SEOUL, Nov. 16 (Korea Bizwire) — Samsung Electronics Co. announced a reshuffle of executives Thursday as a follow-up step to the appointment of new heads of its major business divisions late last month. Through the regular reshuffle, the South Korean tech giant has promoted 221 executive-level employees, 99 of them from the crucial chip-making division, [...]

Hitachi Vantara Deepens Industrial IoT and Services Bench with New Executive Appointments

Hitachi Vantara Deepens Industrial IoT and Services Bench with New Executive Appointments

SANTA CLARA, Calif., Oct. 3 (Korea Bizwire) — Hitachi Vantara, a wholly owned subsidiary of Hitachi Ltd. (TSE:6501), today announced the appointments of two new executives to support the company’s industrial internet of things (IoT) and services portfolios. Brad Surak has been named chief product and strategy officer (CPSO), overseeing the development of Hitachi Vantara’s [...]

Glass Ceiling Still Omnipresent at Korean Corporations

Glass Ceiling Still Omnipresent at Korean Corporations

SEOUL, July 28 (Korea Bizwire) – “We just put the biggest crack in that glass ceiling yet,” said Democratic presidential nominee Hilary Clinton during the Democratic convention in Philadelphia on Tuesday.  Korea cracked a similar glass ceiling in 2012, with President Park Geun-hye becoming the first woman president of Korea. But according to experts, Korea [...]

Samsung Group Heads Take Lecture on Mathematics

Samsung Group Heads Take Lecture on Mathematics

SEOUL, March 28 (Korea Bizwire) – On March 23, Samsung Group executives took part in a lecture given by a renowned mathematician. Park Hyung-ju, a professor at Aju University and head of the National Institute of Mathematical Sciences, was invited to Samsung’s headquarters in Seocho to present a lecture on the history and importance of mathematics. Professor [...]

No. of Executives in Korean Conglomerates Declines due to Weak Earnings

SEOUL, June 10 (Korea Bizwire) — The number of executives at South Korea’s conglomerates have declined in the first quarter, a report showed Wednesday, as many businesses here scrambled to cut back costs amid a protracted economic slowdown. The number of high-ranking executives at 268 firms affiliated with 30 local conglomerates stood at 10,486 in [...]