SEOUL, Feb. 10 (Korea Bizwire) — SK Group and the Sejong Metropolitan Autonomous City are developing a smart farming town based on ICT in Sejong city, to set a benchmark for making Korean farming more convenient and profitable. SK Group already established individual remote-control systems for 100 greenhouse farms in the Yeondong-myeon area of Sejong last year. [...]
“I think he has been punished enough. In the situation that SK Group is now fiercely competing with world leaders in cutting-edge industries, if he (SK Group Chairman Chey Tae-won) were released, the group would be transformed drastically. We should give it a chance to transform.” “SK is desperately competing to go ahead over other [...]
“All are equal before the law. Granted most business leaders and high-ranking government officials who are in jail were given aggravated prison sentences in the first place, it is only fair for them to be released on parole by now.” “In most case, inmates are set free after serving 70-80 percent of theirsentence terms. If [...]
SEOUL, Dec. 20 (Korea Bizwire) – SK C&C, Korea’s third largest IT system developer, aims to increase its footprint in the big data service market by expanding and strengthening its related task forces. The IT firm announced that it plans to transform its existing big data task force into an official division, providing composite big data [...]
“Social-cause marketing is a way to instill self-confidence in the members of the corporation and ultimately enliven the corporate brand, as well as solving some of the social problems. For Korea’s large companies whose growth is slowing in the world market, cause marketing is an important strategy to consider.” “The most important condition for success [...]
SEOUL, Nov. 9 (Korea Bizwire) – SK Chemicals will expand its business for blood preparations by investing 100 billion won. The unit for blood derivatives posted about 60 billion won in sales revenue last year. The company said on November 7, “We plan to increase the plasma fractionation capacity by five times to 600,000 liters from [...]
SEOUL, Nov. 5 (Korea Bizwire) — SK C&C, a total IT services provider under the SK Group affiliation, said in a regulatory filing on November 4 that its consolidated operating profit for the third quarter was 71.1 billion won, 18.9 percent higher than a year ago. The sales revenue rose 10.5 percent to 613.4 billion won [...]
![[In-depth] SK Group Announces Blueprint to Transform Daejeon into a Silicon Valley](http://koreabizwire.com/wp/wp-content/uploads/2014/10/14480387419_11e66e21c3_z.jpg "[In-depth] SK Group Announces Blueprint to Transform Daejeon into a Silicon Valley")
SEOUL, Oct. 12 (Korea Bizwire) – SK Group will invest more than 90 billion won (US$83.8 million) in the cities of Daejeon and Sejong to transform the areas into a Silicon Valley-like tech hotbed. The group announced its plan on October 10 in a ceremony to launch the Daejeon Creative Economy Innovation Center in which the President [...]
SEOUL, Oct. 5 (Korea Bizwire) – South Korea’s National Pension Fund has suffered huge losses, as its significant exposure to the nation’s ‘blue-chip’ stocks — such as Samsung Electronics and Hyundai – under-performed a broader drop in the stock market of late. This year, the national fund made additional investments in the top 10 public conglomerates, also [...]
![[Quote] Former Chairman Chey Tae-won in Prison to Greet SK Group Members](http://koreabizwire.com/wp/wp-content/uploads/2014/09/SK-Chey.jpg "[Quote] Former Chairman Chey Tae-won in Prison to Greet SK Group Members")
“Now I am living my days feeling sorry that I cannot be with you, all of the SK Group employees, although I know what is occurring to our company and all of you are fighting desperately in the middle of a tough situation.” “I am striving to find what I can do and what matters [...]