Lee Jae-yong, who was promoted from vice chairman to chairman of Samsung Electronics, the crown jewel of Samsung Group, on Oct. 27, faces the daunting task of weathering multiple challenges, including a chip market slump, legal risks and finding new growth engines to keep the nation s largest conglomerate competitive. To this end, industry experts stressed that Lee needs to fill the chipmaker s board with directors capable of fiercely discussing the direction of the industry, while rallying mid-level executives to proactively detect rapidly-changing global trends.
Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho stressed the importance of fine-tuning any issues related to economic conflicts between Korea and the United.
The founders of Kakao and Naver, as well as the chairman of SK Group, made public apologies during the last session of this year s National Assembly audit, for the inconvenience caused by a fire on Oct. 15, which damaged the servers of Kakao and Naver based inside SK C&C s building in Seongnam, Gyeonggi Province.
The Korea Times will host a Korea-U.S. alliance forum on Oct. 26 at the Korea Chamber of Commerce and Industry (KCCI) building in Seoul. Under the topic of “New Challenges for Korea-U.S. Alliance,” leading experts in the areas of economic security and Korea-U.S. alliance in the Indo-Pacific region will present their ideas about global supply chain disruptions after Russia s invasion of Ukraine and escalating tensions on the Korean Peninsula in the wake of North Korea s test-firings of nuclear-capable missiles and other military provocations.