SEOUL, Aug. 21 (Korea Bizwire) — Crucial decision-making at global tech firm Samsung Electronics Co. has been pushed back since its de facto leader Lee Jae-yong was imprisoned in February, industry sources said Monday. According to the sources, Samsung held fewer in-house strategy meetings in the second quarter compared with the year earlier period. The [...]
SEOUL, Dec. 14 (Korea Bizwire) – More than half of business leaders in South Korea are seeking “belt-tightening” management next year amid gloomy outlooks for overall economic conditions, a poll showed Sunday. According to the poll of CEOs of 235 businesses by the Korea Employers Federation, a business lobby, 52.3 percent answered they will carry out the belt-tightening management next year. Of those polled, 32 percent said that they will maintain the “status quo,” while only 17.4 percent [...]