[NewsSpace=JeongYoung kim] Hyundai Heavy Industries and Dong Sung Group, two major conglomerates in South Korea, have reportedly fallen victim to a ransomware attack, according to exclusive report. Ransomware is a combination of ransom and software, and is a type of virus that encrypts a user's computer data and then demands money and valuables in return for normal operation. The security industry analyzes that ransomware attacks have recently been concentrated in the manufacturing industry. Due to the nature of the industry, temporary production stoppages can also cause great damage, and
[NewsSpace=JeongYoung Kim] The safety level of Korean Air, the top airline in South Korea, has been ranked as the lowest among 11 domestic airlines. This evaluation was conducted by the Ministry of Land, Infrastructure and Transport, which conducted a comprehensive assessment of safety levels for large and low-cost carriers (LCCs) in 2022. Despite achieving record-high performance with sales of KRW 13.4 trillion and operating profit of KRW 2.8 trillion in the previous year, Korean Air ranked last in the most critical category of "accidents in the previous year" with a score of 4 out
[NewsSpace=JeongYoung Kim] The director of Nabi Art Center, Roh Soh-yeong, has filed a lawsuit claiming significant damages against Kim Hee-young. According to the legal industry on the 27th, Roh filed a damages suit against Kim, who is the director of the T&C Foundation, at the Seoul Family Court. The amount of damages demanded by Roh is KRW 3 billion. The reason for the lawsuit is that "Kim Hee-young caused the breakdown of Roh and Choi's marriage, resulting in severe mental anguish for Roh," Roh's side said. Regarding the reason for calculating the damages at KRW 3 bi
[NewsSPace=JeongYoung Kim] It has been reported that Choi Yoon-jung, the daughter of SK Group Chairman Choi Tae-won, has joined SK Biopharm's strategic investment team as its team leader. Recently, SK Holdings, the holding company of SK Group, and SK Biopharm established a task force (TF) for new drug development to create synergy in the pharmaceutical and biotech fields. Choi Yoon-jung has joined the TF as its team leader. According to industry sources on the 24th, SK formed the TF for innovation drugs on the 22nd of this month with SK Biopharm to create synergy in the pharmaceutical and
[NewsSpace=JeongYoungKim] LG Energy Solution is investing over 7 trillion won(KRW) to dominate the rapidly growing North American market. The company plans to produce cylindrical batteries and ESS (energy storage system) LFP batteries, and Tesla is being considered as a likely major customer for the cylindrical batteries, which are used extensively by the company. On March 24th, LG Energy Solution announced that it will invest 7.2 trillion won(KRW) to build a new cylindrical and ESS LFP battery plant in Queen Creek, Arizona, USA. The total production capacity of the plant will be 43 GWh, whic
[newsspace=jeongyoungkim] Korea society is now turbulent as ex-president’s grandson appayrently does drugs on YouTube livestream. Korea, once touted by the government as "drug-free," is seeing a fast rise in drug offences in upper class. Recently, a grandson of Byeoksan Group was arrested and charged with taking drugs. In October last year, a third-generation chaebol family and a singer were put on trial for trading or inhaling marijuana using their connections from studying abroad, raising concerns that Korea is no longer a clean area for drugs. Seven people, including Hong,
Chaebol is a unique form of business that exists only in Korea. In short, it can be said to be a family-owned conglomerate. There are many chaebols in Korea such as Samsung, Hyundai, and SK. Family disputes in Chaebols such as management rights are not uncommon. LG Group has been famous as the only company that has not had family disputes since its foundation. However, the inheritance dispute resurfaced in family now draws the public attention. It has been five years since ex-CEO Koo Bon-Moo died. LG regards it as emergency state as igniting the possibility of dispute on management rights bet
Sports company PUMA kicked off the 2023 Formula 1 season with a special panel discussion to celebrate its legacy in Motorsport culture and discuss the importance of innovations in racewear production. It was the first of a series of events to mark PUMA’s 75th anniversary. Founded in 1948, PUMA has been at the forefront of innovation throughout its history, pushing the boundaries of what is possible in performance, functionality, and design. PUMA's rich history in motorsport dates back to 2001, when JORDAN GRAND PRIX became the first Formula 1 racing team that PUMA supplied with both
monday.com Ltd. (NASDAQ: MNDY) (“monday.com”), a work operating system (Work OS) where organisations of any size can create the tools and processes they need to manage every aspect of their work, today officially announces the opening of its new Asia-Pacific (“APAC”) headquarters in Sydney as the company continues to expand into Australia and the APAC region. This location is in the heart of Sydney’s CBD on 55 Market Street with over 1,000 square metres, surrounded by local customers and the bustling tech scene. The new office opening follows monday.com’s i
Cisco, a worldwide leader in technology, and NTT Ltd., a leading IT infrastructure and services company, announced plans to collaborate to drive Private 5G adoption across the Automotive, Logistics, Healthcare, Retail and Public sectors. NTT and Cisco plan to co-innovate and jointly bring to market the technology and managed services that will enable enterprise customers to deploy Private 5G successfully and achieve better business outcomes. The companies plan to accelerate edge connectivity through NTT’s first-to-market, Managed Private 5G solution, combined with Intel hardware, so tha
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UPDATE: 2025년 07월 02일 09시 39분
