Tech giant starts mass production of hole transport materials
Merck Korea announced on July 22 that the tech giant had started churning out hole transport materials (HTMs) at its new facility in Pyongtaek, Gyeonggi Province.
The Seoul-based company said that common...
Kim Sung-joo still works as chief visionary officer
Just a few years ago, Sungjoo Group owner Kim Sung-joo was a regular in the media as chief of the fashion group, which encompasses the MCM brand, and also as head of...
Two outfits strive to introduce virtual reality in training
Cornerstone OnDemand said Nov. 20 that it will join hands with Facebook to introduce virtual reality (VR) in training and developing the global workforce in a full-fledged manner.
Toward that end, Cornerstone...
GM Bolt recall weighs on profitability of Korean electronics company
South Korea’s LG Electronics saw its third-quarter operating profit almost halve from a year ago due to costs related to GM Bolt’s recall of battery cells.
The Seoul-based company announced on...
Convenient store chief demoted amid controversies
GS Retail said on May 31 that the operator of the country’s leading convenience store chain GS25 had punished employees responsible for a poster accused of offending men.
GS Retail operates a set of businesses....
Korea's top-tier food company free of labor disputes for 64 years
South Korea is notorious for the conflicts between the management and labor unions, which are typically regarded as highly militant. However, not all enterprises suffer from labor disputes.
TS Corporation,...
Korean firm puts plastic waste to good use
South Korea’s Samyang Corp. announced on Jan. 2 that the company had developed plastics made mostly of post-consumer recycled polycarbonates.
The Seoul-based company noted that the proportion of recycled plastics had topped the...
Seoul-based group tries to achieve ESG management principle
South Korea’s Sampyo Group announced on March 27 that the outfit’s employees had taken part in a regional event of planting trees in eastern Seoul.
The group said that around 20 Sampyo workers...
Virus pandemic brings about changes in consumption
The subscription economy has been a familiar concept as an increasing number of companies came up with new business formats to win the hearts and minds of end consumers.
According to Wikipedia, the term...
Hanjin chief shot himself in the foot
Hanjin Chairman Cho Yang-ho was kicked out of the boardroom of the group’s flagship unit Korean Air on March 27 as shareholders voted against his re-appointment as director.
At their meeting, 64.09 percent of...