Nuclear Power Plant Challenges in the Semiconductor Industry: An International Perspective

Nuclear Power Plant Challenges in the Semiconductor Industry: An International Perspective

▲ The Shika Nuclear Power Plant located in Ishikawa Prefecture, central Honshu, Japan. The Shika Nuclear Power Plant is experiencing difficulties, including a shutdown of operations following a strong 7.6 magnitude earthquake that occurred in Japan on the 1st. [편집자주] “If we phase out nuclear power, we will have to give up not only semiconductors … Read more

Hanmi Pharmaceutical and OCI Group Integration Sparks Internal Strife

Hanmi Pharmaceutical and OCI Group Integration Sparks Internal Strife

[비즈니스포스트] Hanmi Science, the holding company of Hanmi Pharmaceutical Group, and OCI Holdings (OCI), a global advanced materials company, announced group integration. With the group integration, Hanmi Group’s eldest daughters Lim Joo-hyun, president of Hanmi Science, and OCI Chairman Lee Woo-hyun will lead the group under their own representative system. However, it appears that the … Read more

Yoon Se-young of Taeyoung Group Provides TI Holdings and SBS Stocks as Collateral, Pledges to Save Taeyoung Construction through Self-Rescue Efforts: Business Post

Yoon Se-young of Taeyoung Group Provides TI Holdings and SBS Stocks as Collateral, Pledges to Save Taeyoung Construction through Self-Rescue Efforts: Business Post

[비즈니스포스트] Yoon Se-young, founding chairman of Taeyoung Group, appealed to creditors to approve the workout, saying he would also put up TI Holdings and SBS stocks as collateral. At a press conference held at the Taeyoung Construction headquarters in Yeouido, Seoul on the 11th, Founding Chairman Yoon Se-young said, “We will faithfully carry out self-rescue … Read more

KDB Korea Development Bank Demands Full Support for Taeyoung Engineering & Construction Due to Unfulfilled Promises and Financial Vulnerability

KDB Korea Development Bank Demands Full Support for Taeyoung Engineering & Construction Due to Unfulfilled Promises and Financial Vulnerability

[비즈니스포스트] KDB Korea Development Bank, Taeyoung Engineering & Construction’s main creditor bank, demanded that Taeyoung Group support Taeyoung Engineering & Construction with the entire proceeds from the sale of its affiliates. On the 5th, the Korea Development Bank issued a press release titled ‘Creditors’ Position on Taeyoung Group’s Press Release’, saying, “As Taeyoung Group confirmed … Read more

Choi Sang-mok vows to expand market liquidity to respond to Taeyoung Construction: First F4 meeting since taking office

Choi Sang-mok vows to expand market liquidity to respond to Taeyoung Construction: First F4 meeting since taking office

Choi Sang-mok presides over the first F4 meeting since taking office, saying, “We may expand liquidity to respond to Taeyoung Construction” height=”300″ src=” width=”600″ /> ▲ New Deputy Prime Minister and Minister of Strategy and Finance and economic and financial leaders met on the 29th. A commemorative photo is being taken at a meeting on … Read more

KOSPI and KOSDAQ Index Rise Despite Ex-Dividend Date – Foreign Investors Lead Strong Performance

KOSPI and KOSDAQ Index Rise Despite Ex-Dividend Date – Foreign Investors Lead Strong Performance

[비즈니스포스트] Although the ex-dividend date was reached, the KOSPI index rose for two consecutive trading days and ended trading above the 2610 level. The KOSDAQ index also turned upward after 4 trading days. According to the Korea Exchange on the 27th, the KOSPI index closed at 2613.50, up 10.91 points (0.42%) from the previous day. … Read more

December 2023 Consumer Sentiment Index Rebounds, Reflecting Optimism for Economy – Bank of Korea Survey

December 2023 Consumer Sentiment Index Rebounds, Reflecting Optimism for Economy – Bank of Korea Survey

[비즈니스포스트] The consumer sentiment index, which comprehensively represents consumers’ thoughts on the economy, turned upward due to expectations of an end to economic tightening in the United States and the improvement in the export economy. According to the ‘December 2023 Consumer Trend Survey Results’ announced by the Bank of Korea on the 27th, the consumer … Read more

Samsung Electronics Multipurpose 5S Refrigerator Returns After 40 Years

Samsung Electronics Multipurpose 5S Refrigerator Returns After 40 Years

[비즈니스포스트] The story of how a Samsung Electronics multipurpose refrigerator that had been in the same family for nearly 40 years was returned to Samsung Electronics has been revealed. According to the Samsung Electronics Newsroom on the 24th, Sook-hee Lee recently donated the ‘Samsung Multipurpose 5S Refrigerator’ manufactured in 1985, which she had been using … Read more

Government Secures Seven-Month Supply of Urea for Vehicles to Address Supply and Demand Concerns

Government Secures Seven-Month Supply of Urea for Vehicles to Address Supply and Demand Concerns

[비즈니스포스트] The government will secure a seven-month supply of urea for vehicles, which had raised concerns about supply and demand instability. We will continue to pursue stable supply through additional introduction. On the 22nd, the government held a joint ‘Economic Security Core Product Task Force (TF) Meeting’ with related ministries at the Seoul Government Complex, … Read more

Venture Capital Representatives Criticize Fair Trade Commission’s ‘Platform Fair Competition Promotion Act’: Concerns Over Impact on IT Industry and Startup Ecosystem

Venture Capital Representatives Criticize Fair Trade Commission’s ‘Platform Fair Competition Promotion Act’: Concerns Over Impact on IT Industry and Startup Ecosystem

[비즈니스포스트] Venture capital representatives voiced criticism of the Fair Trade Commission’s move to enact the ‘Platform Fair Competition Promotion Act’. On the 21st, Lee Jun-pyo, CEO of Softbank Ventures, said on his social networking service (SNS), “If the Platform Fair Competition Promotion Act, which is currently being promoted, is introduced, the competitiveness of Korea’s IT … Read more