Articles by Lee Sun-young
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Lee Sun-young
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Siemens Korea appoints Chung Ha-joong as CEO
Siemens Korea announced Wednesday the promotion of Chung Ha-joong to president and chief executive officer. Chung, who served as vice president prior to the appointment, will oversee all businesses of the German technology giant’s Korean unit, effective Friday, while also serving in his current role as head of smart infrastructure and CEO of Siemens Mobility Ltd., Seoul, the firm said. Since joining Siemens Korea in 2000, the new chief has taken up various key roles in energy, mobili
Industry Oct. 1, 2021
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Posco, four others join forces for liquid CO2 tanker
South Korean steelmaker Posco has forged a five-way partnership encompassing shipbuilders and ship registries to develop a liquid carbon dioxide carrier tanker, as part of its bid to gain an upper hand in the global transition to a net-zero economy, the firm said Sunday. Its four partners are Hyundai Mipo Dockyard, Korea Shipbuilding & Offshore Engineering, Lloyd’s Register Asia and Liberian International Ship & Corporate Registry. According to the agreement, signed Frida
Industry Aug. 29, 2021
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South Korean patents in core future technologies lag in quality: report
South Korea is churning out patents in core areas of the “fourth industrial revolution,” but their impact is falling far short of matching up to this, a recent report shows. According to the state-run Korea Institute of Science & Technology Evaluation and Planning’s latest analysis of the country’s technological innovation capability, the country ranked third out of 44 countries surveyed in terms of the number of patents registered in the US in nine selected fields
Technology Aug. 29, 2021
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Coway adds aesthetic touch to electric dehumidifiers
Amid the prolonged COVID-19 pandemic, consumers’ interest in what makes their home a more pleasant place to be has grown. This has certainly affected the home appliance market. Before, devices like electric dehumidifiers were not something people sought aesthetic satisfaction in. Yet, in this era, they need to change. Coway’s recently launched Noble Dehumidifier AD-1221E is a new addition to the ranks of premium appliances, with design elements more commonly found in luxury furnit
Technology Aug. 29, 2021
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Nexon rookies offer tips for internship applicants
Nexon employees hired within the past two years have created seven-minute video clips to share their experiences with new recruits. The company is hiring interns as part of its six-month Nexon Tutorial program. In the clips, five employees from the game firm’s four divisions -- business, new development, live development and intelligence labs -- briefly introduce their work and offer candid thoughts for people hoping to land internships at the company. Nexon Tutorial, launched this ye
Industry Aug. 26, 2021
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DataStreams recognized for contributions to big data industry
DataStreams, a local big data solutions provider, has been recognized for its contributions to the development of the local big data industry by the Korea Society of Management Information Systems, the Seoul-based tech firm said Sunday. It has been chosen as the recipient of the 10th KMIS award, which recognizes and honors an outstanding corporation in information technology. DataStreams, with its persistent focus on research and development, has churned out a stream of innovative products an
Technology June 20, 2021
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[News Focus] Storied succession comes to end at Samsung
Samsung’s ownership family on Friday announced how the late group Chairman Lee Kun-hee’s Samsung stocks would be distributed among its members. Many local analysts saw it as the finale in a long, storied process of passing down control over the colossal corporate empire to the third-generation leader, Lee Jae-yong. The junior Lee, the deceased’s only son who had run the group on behalf of his bedridden father since 2014, inherited half of his holdings in Samsung Life Insuranc
Industry May 2, 2021
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Samsung family says no disagreement over estate
The bereaved family of Samsung Group Chairman Lee Kun-hee is not at odds over who should get what from the late tycoon’s Samsung company shares, worth 19 trillion won ($17.06 billion) in total, officials at Samsung Electronics, the flagship unit of the conglomerate, said Wednesday. The late Lee’s equity holdings have immense implications for the group’s ownership structure, influencing the Lee family’s continued grip over the colossal corporate empire, which alone acco
Technology April 28, 2021
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SK Broadband present new family plan in time for May, the ‘Family Month’
In time for Parents’ Day on May 8, SK Broadband is presenting a new family plan targeting adults living separately from their aging parents and looking out for them in this coronavirus pandemic. The plan, called “B tv Family,” is a package of services tailored for senior citizens who cannot go out as often as they used to and cannot meet up with their grandchildren and other loved ones. On top of the typical combination of high-speed internet, home Wi-Fi, IPTV and a TV set
Technology April 28, 2021
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Choo-Yoon proxy war plays out in politics
If there were ever any chance of a “cooperative parliament,” as President Moon Jae-in once hoped, the latest clash of two judicial titans -- Justice Minister Choo Mi-ae and Prosecutor General Yoon Seok-youl -- appears to have just blown it. In her battle to reform the country’s powerful prosecution, or tame it as some would say, on Tuesday, Justice Minister Choo Mi-ae suspended Prosecutor General Yoon Seok-youl from duty over alleged wrongdoing. The unprecedented move sent s
Politics Nov. 25, 2020
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S. Korea signs world’s largest free trading deal
South Korea on Sunday signed a mega free trade pact that would create the world’s largest open trading bloc of 15 economies, including China and Japan. President Moon Jae-in formally inked the Regional Comprehensive Economic Partnership Agreement at a virtual summit with the leaders of 14 partner countries, including 10 members of the Association of Southeast Asian Nations, the presidential office of Cheong Wa Dae said. “We note that the RCEP Agreement is an unprecedented mega re
Foreign Affairs Nov. 15, 2020
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Sincheonji followers donate plasma for COVID-19 cure en masse
Over 1,600 members of a minor Christian sect, which was at the center of the first wave of coronavirus infections in South Korea between late February and March, have donated their plasma to aid the development of a cure, the church said Sunday. A total of 1,646 congregants of the Shincheonji Church of Jesus who had recovered from COVID-19 had joined the plasma drive as of Sunday, while declining to be financially compensated, the church said. Health authorities offer 300,000 won ($252) to do
Social Affairs Sept. 6, 2020
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Typhoon Haishen changes course, likely to skirt Korea
Typhoon Haishen is veering toward Japan and is unlikely to make landfall in South Korea, the weather agency said Saturday. Currently packing top winds of 53 meters per second and with a central atmospheric pressure of 920 hectopascals, Haishen is stronger than typhoons Maysak and Bavi, which struck the country between late August and this week. It has been recognized as a super typhoon by the US Joint Typhoon Warning Center. On the Korea Meteorological Administration's five-point
Social Affairs Sept. 5, 2020
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Main opposition leader says pastor should face consequences
Floor Leader Ju Ho-young of the main opposition United Future Party said Pastor Jun Kwang-hun of Sarang Jeil Church, the focal point of what has become Korea’s second-largest COVID-19 cluster, should face consequences, seeking to distance his party from some Christian groups resisting the government‘s anti-virus efforts. “What Rev. Jun has done is unforgivable. He should be held responsible for his actions that threatened the public good,” Rep. Ju said in an interview
Politics Aug. 22, 2020
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[News Focus] Schools prepare for online classes as virus shows no sign of abating
Schools are likely to offer virtual classes, instead of opening on April 6 as scheduled, as the novel coronavirus continues to spread. The Education Ministry said last week it was mulling online classes to help schools meet the statutory yearly school days as the spring semester, which normally begins in early March, has already been postponed three times due to COVID-19. “We are considering both offline and online classes to prepare against possible community and classroom transmissio
Social Affairs March 29, 2020
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