SEOUL, Feb. 15 (Korea Bizwire) — With global competition heating up in major industries, including semiconductors, an increasing number of South Korean tech companies are removing the retirement age for some employees as part of efforts to retain high-caliber engineers with decades of experience. Samsung Electronics Co. plans to implement the ‘senior track’ system this [...]
SEOUL, Jan. 13 (Korea Bizwire) — About one month ahead of the opening of the Mobile World Congress (MWC) in Spain, South Korean companies are still contemplating whether or not to participate as around 70 businesspeople who attended Consumer Electronics Show (CES) in Las Vegas last week had tested positive for COVID-19. The MWC, one [...]
SEOUL, June 29 (Korea Bizwire) – Pangyo, South Korea’s answer to Silicon Valley in the U.S., is home to many technology companies. Its image, however, is being tainted with a highly stressful working environment and rigid work culture. South Korea’s leading internet portal Naver Corp., which saw one of its employees commit suicide due to [...]
SEOUL, May 6 (Korea Bizwire) — Global tech companies, which are making huge profits in South Korea, have been criticized for their behavior in the local market, by failing to comply with domestic policies or excluding the country from major services. Netflix Services Korea Ltd., the Korean unit of the U.S. streaming giant, filed a [...]