Articles by Cho Chung-un
Cho Chung-un
christory@heraldcorp.com-
KT struggles to contain fallout amid growing concerns over lack of safety measures
South Korean telecom giant KT on Monday struggled to contain further fallout from the network blackout caused by a fire over the weekend, as it faces growing questions over its lack of safety measures. Amid rising concerns over the incident that showed the IT powerhouse’s vulnerability to network paralysis, Minister of Science, ICT and Future Planning Yoo Young-min apologized for causing the public concern, saying that the government also feels responsible.“The case revealed that not only teleco
Technology Nov. 26, 2018
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[Behind the Wheel] QM6: French SUV offers perfect movie night
Fun driving doesn’t have to be all about speed and power. French sports utility vehicle QM6, for instance, offers premium audio inside the cabin, making every driving moment exquisite. Wherever you sit -- front or back – the QM6 delivers a premium sound quality, as if you are sitting on the center of a concert hall, thanks to 13 BOSE speakers that create deep base tone together with sophisticated sound. QM6 GDe are lined up for John Carney’s “Sing Street” at a drive-in theater in Seoul. Renault
Mobility Nov. 25, 2018
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Han Sung Motor’s scholarship recipients showcase works at craft fair
Recipients of a scholarship program run by Han Sung Motor, the largest official dealer of Mercedes-Benz here, are participating in a local craft fair that runs through Sunday, the company said Friday.The Craft Trend Fair being held at Coex in Samseong-dong, Seoul, is hosted by the Ministry of Culture to promote the nation’s craft culture and introduce aspiring artists. Works by Dream Gream scholarship recipients are displayed at Han Sung Motor’s booth at the Craft Trend Fair that runs through Su
Industry Nov. 23, 2018
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[Newsmaker] SK Group chief gifts 3.29 million SK Corp. shares to kin
SK Group Chairman Chey Tae-won has given his kin a total of 3.29 million shares of SK Corp., a holding company that controls the nation’s second-largest conglomerate, the company said in a statement Friday. The chairman has given half of the 3.29 million shares, or 1.66 million shares, to his younger brother Chey Jae-won, who currently serves as executive vice chairman, and a quarter of the total shares, or 830,000 shares, to his cousin SK Networks Chairman Choi Shin-won and his family members.
Industry Nov. 23, 2018
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Renault opens vehicle test center in Daegu
French carmaker Renault has opened a vehicle test center in Daegu, southeast of Seoul, in partnership with the city government and the Korea Intelligent Automotive Promotion Institute, the company said in a statement.The center, Renault’s first test unit in Asia, will test vehicles under development in the Asia-Pacific region, it added. Renault Samsung CEO Dominique Signora speaks at the opening ceremony of Renault’s vehicle test center in Daegu, Friday. (Renault Samsung)Vehicles to be tested in
Mobility Nov. 23, 2018
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LG Electronics CEO vows to strengthen partnership with suppliers
LG Electronics Vice Chairman and CEO Jo Seong-jin and suppliers pose for a photo at a workshop held at LG Science Park in Seoul on Wednesday. (Yonhap)LG Electronics Vice Chairman and CEO Jo Seong-jin said the company will promote automation of suppliers’ manufacturing units as part of efforts to strengthen business partnership. At a meeting with a group of suppliers here, Jo said the company would share innovative features with them, such as building an IT system, to increase efficiency in produ
Technology Nov. 22, 2018
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[Weekender] Before you were born
Oh Ha-young, a 36-year-old mother of two in Seoul, remembers when she kept herself busy several years ago for the sake of her children, before they were even born. From knitting to drawing, she even endeavored to learn how to handle a sewing machine, which resulted in a number of handmade crafts during her two pregnancies between 2011 and 2013. “I learned in a prenatal education class that using my hands a lot could affect the brain development of a fetus,” she said. “My first child started to s
Industry Nov. 22, 2018
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GM names senior engineer as head of R&D unit in Korea
General Motors has nominated Roberto Rempel, executive chief engineer for small SUVs and mini vehicles, as the head of its R&D unit that it plans to spin off despite opposition from unionized workers and the state-run Korea Development Bank, the second-largest shareholder of the US carmaker’s South Korean unit.Rempel has been stationed in Korea since 2015. Roberto Rempe (GM Korea)“Roberto Rempel’s experience and deep knowledge of GM’s global engineering and the engineering capability in Korea wi
Mobility Nov. 21, 2018
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Seoul starts to run hydrogen-powered city bus
The Seoul government said Wednesday that it has started the pilot operation of fuel-cell electric bus for a regular route, in an effort to test the viability of hydrogen-powered vehicles as public transportation in the city. The zero-emission bus developed by Hyundai Motor will travel from Yeomgok-dong, southern Seoul, to City Hall, four to five times a day. Five other major cities will also have a combined 30 hydrogen buses for pilot operations next year, said officials at the trade and environ
Mobility Nov. 21, 2018
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Business, political leaders of Korea, China urge Asia to stay open, innovative
In the face of growing protectionism and anti-globalization moves, Asian countries should remain open to multilateral and free trade platforms, and seek innovative strategies to keep economic growth high, according to business and political leaders from South Korea and China at a forum in Seoul on Tuesday.“Asia today is facing uncertainties (instigated by) anti-globalization, protectionism and isolationism,” said former United Nations Secretary-General Ban Ki-moon at the Boao Forum for Asia Seou
Industry Nov. 20, 2018
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Racing drivers clean up at WTCR with Hyundai’s i30 N
Racing teams working with South Korean auto giant Hyundai Motor have come first and second overall in the World Touring Car Cup in their official debut season, the company said Monday.It added that a team run by Hyundai had also come second in the World Rally Championship. Hyundai Motor’s i20 rally car was photographed during the WRC Kennards Hire Rally Australia at Coffs Harbour last week. (Hyundai Motor)The team led by French auto-racing driver Yvan Muller, which uses a remodeled version of Hy
Mobility Nov. 19, 2018
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FKI co-hosts Boao Forum Seoul, seeking a comeback
A regional program of the Boao Forum, referred to as Asia’s Davos conference, kicked off Monday in Seoul, bringing more than 800 political and business leaders from China and South Korea together to discuss the future of Asia. The first event held in Asia outside of China was jointly organized by the Federation of Korean Industries, once an influential business lobby group here. Eyes are on not only the significance of the event, but also on whether it could be a chance for the FKI to rebuild it
Industry Nov. 19, 2018
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Hyundai Motor to invest in US drone maker
Hyundai Motor will invest in a US drone maker to conduct a joint study on future mobility in the use of high-functioning drones, the company said, without disclosing the size of the investment. The South Korean giant has agreed to partner with Top Flight Technologies, a startup that specializes in developing unmanned aerial vehicles. The US company established in 2014 is a leading manufacturer of hybrid propulsion engines that secure long flight time and a leader in autonomous flying technology.
Mobility Nov. 15, 2018
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Elliott’s demands seeking to unlock Hyundai’s capital draw mixed views
Hyundai Motor Group headquarter in Seoul (Yonhap)The latest letter sent to Hyundai Motor by US hedge fund Elliott on Tuesday evening drew mixed views in the market Wednesday. Some are calling its requests reasonable, while others say it is intended to boost share prices for affiliates of the carmaker in which the hedge fund holds stock.Elliott, the world’s largest activist hedge fund, ramped up its pressure on South Korean auto giant Hyundai Motor, demanding it return 12 trillion won ($10.6 bill
Mobility Nov. 14, 2018
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Nissan Leaf returns with longer driving range, improved connectivity
Nissan’s best-selling electric vehicle, the Leaf, has made a comeback in South Korea this month, with improved battery capacity and a sleeker look. The All-New Leaf, unveiled at the Daegu International Future Car Expo, is the second-generation model of the pure electric vehicle that debuted in December 2010. All-New Leaf (Nissan Korea)As the best-selling EV brand in the world, this car has played a crucial role in dispelling concerns over electric vehicles and a lack of energy-supply infrastruc
Mobility Nov. 13, 2018
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