SEOUL, Feb. 22 (Korea Bizwire) — Heads of SK Group and Samsung Electronics are expected to attend the annual Boao Forum for Asia opening next month in China as invited guests, corporate officials said Friday. Commonly referred to as the Asian edition of the Davos Forum, the conference is scheduled from March 26-29 in Boao [...]
SEOUL, May 2 (Korea Bizwire) – Chief executive officers (CEOs) leading South Korea’s biggest businesses receive salaries that are on average 21.9-times higher than those of ordinary employees, a local market researcher said Sunday. According to FN Guide, CEOs at the 30 largest companies in terms of market capitalization, took home substantially more pay than the average worker in 2016, with the gap widening to more than 50 [...]
PYEONGTAEK, Korea, May 7 (Korea Bizwire) — South Korean tech giant Samsung Electronics broke ground on a new chip-production line on Thursday, aiming to further expand its clout in the semiconductor sector amid its ailing smartphone business. The 15.6 trillion won (US$14.4 billion) chip line in Pyeongtaek, some 70 kilometers south of Seoul, is scheduled to [...]
SEOUL, Jan. 2 (Korea Bizwire) — Samsung Electronics Co. will confront wider economic uncertainties abroad this year, the company CEO said Friday, vowing to tap deeper into new businesses to keep its growth engine alive. “We should make full-fledged efforts to gain sustainable competitiveness by introducing smart health, smart home and the Internet of Things (IoT) businesses,” [...]