SEOUL, Jan. 26 (Korea Bizwire) — SK Holdings Co., the holding firm of South Korean energy and telecom conglomerate SK Group, said Thursday its artificial intelligence platform has successfully found the right cover letter in a flash, a technology that could ease the burden of human resources officials. Last year, Aibril Employment Helper evaluated 10,000 [...]
SEOUL, Jan. 23 (Korea Bizwire) — The government will offer telecom providers discounted prices for the use of 5G frequency bands in a move to encourage data plan price cuts. The Ministry of Science and Technology announced plans on Sunday to push through with reforms to the radio waves act, laying the legal groundwork for incentives [...]
SEOUL, Jan. 3 (Korea Bizwire) – Aside from “business”, “value”, “customer” and “innovation” were the keywords most commonly uttered by the leaders of South Korea’s top 10 conglomerates in their New Year’s addresses. Data provided by leadership assessment service CEOscore revealed that after “business”, which was uttered a leading 32 times, value, customer and innovation [...]
SEOUL, Nov. 2 (Korea Bizwire) – The head of the Fair Trade Commission, Kim Sang-jo, announced plans to investigate the management of private foundations owned by major companies, as part of efforts to reform conglomerates and improve transparency, during a policy meeting today. The FTC made the announcement at today’s policy gathering in Seoul with [...]
SEOUL, Oct. 22 (Korea Bizwire) – With the South Korean launch of the iPhone 8 looming, much attention is being paid to how Apple’s latest phone will affect the domestic mobile communication market in Korea. Some anticipate that cutthroat competition will come about surrounding the abolishment of upper limits on subsidies and the newly instituted 25 [...]
SEOUL, Oct. 11 (Korea Bizwire) — South Korea’s top oil refiner SK Innovation Co. said Wednesday that its affiliate has signed a deal to buy another chemical business unit under Dow Chemical Co., in a bid to expand its market presence. Early this year, SK Global Chemical Co. took over Dow Chemical’s ethylene acrylic acid [...]
SEOUL, Aug. 24 (Korea Bizwire) — Used car dealer SK Encar released a report on August 23 that showed that the Kia Ray and Mercedes Benz E-Class were the fastest-selling cars in their respective categories. The company combed through its website data from the past two months to compare the amount time from when a [...]
SEOUL, Jul. 3 (Korea Bizwire) — South Korean telecommunications giant SK Telecom is considering the idea of launching an artificial intelligence-based taxi-hailing app, which the company sees as a chance to take advantage of its big data database. Though off to a late start, the IT company seems confident its service will prove popular, as [...]
SEOUL, June 23 (Korea Bizwire) – SK Group Chairman Chey Tae-won said Friday its semiconductor arm’s move to join the acquisition of Toshiba Corp.’s chip business is “not finished,” hinting there are still challenges moving forward. The remark came as a global consortium including South Korea’s SK hyinx Inc. was tapped as the preferred bidder [...]
SEOUL, Jun. 23 (Korea Bizwire) — Leaders of South Korea’s top conglomerates including Hyundai and SK will join President Moon Jae-in on his first official visit to the United States next week, a local business lobby said Thursday. Moon is scheduled to visit Washington on Wednesday ahead of two-day summit talks with U.S. President Donald [...]