Articles by Kim Jun-hong
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Kim Jun-hong
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Posco threads new life to old uniforms for Philippine communities
Posco Group announced Friday that it donated 30,000 uniforms that no longer serve its employees to be upcycled for communities in the Philippines affected by disasters. After introducing new uniforms in February, Posco sought ways to utilize the former ones. This latest effort brings their total number of donated uniforms to 100,000, following previous donations to vulnerable groups in Mongolia and Madagascar. The company collaborated with non-governmental organizations active in international r
Industry July 26, 2024
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NCSoft releases sustainability report to meet global green standards
NCSoft announced Friday the publication of its fourth sustainability report, highlighting its commitment to achieving global standards in environmental management. The game firm’s "ESG Playbook 2023" includes its environmental, social and governance strategies and key accomplishments from the previous year under domestic and international disclosure standards. The report complies with global guidelines such as the Global Reporting Initiative Standards, Sustainability Accounting S
Industry July 26, 2024
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NCSoft launches official Discord channel for Throne and Liberty
NCSoft announced Thursday that it launched an official communication channel for its massively multiplayer online role-playing game, Throne and Liberty, to help users build community. By using voice, video and text communication service Discord, players can access various updates and announcements for the MMORPG, including notices and event information. Key developers of Throne and Liberty plan to engage closely and promptly with users through Discord. Captain Choi Moon-young posted a welcome me
Industry July 26, 2024
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Hankook & Co. invests in electrode startup for battery expansion
Korean tire giant Hankook & Co. announced Thursday a 9 billion won ($6.5 million) investment in JR Energy Solutions, a local secondary battery electrode foundry firm, in its first foray into the burgeoning EV battery market. JR Energy Solutions specializes in producing electrodes, a crucial component of secondary batteries, based on its smart factory technology. In February this year, the startup completed a 500 megawatt-hours electrode manufacturing facility in Eumseong, North Chungcheong P
Industry July 25, 2024
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Zyx Technology, Eomji House team up for interior design innovation
South Korean design software developer Zyx Technology said Wednesday that it signed a memorandum of understanding with Eomji House, an interior architecture and design firm, to foster mutual exchange and cooperation. Zyx Technology and Eomji House will collaborate on developing and refining new technologies. They will also plan innovation in the large business-to-business interior market and enhance their competitiveness through each other's technological resources. Under the partnership wi
Industry July 24, 2024
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Hanlim teams up with Vietnam's CONINCO for enhanced construction management
Hanlim Architecture Group announced Tuesday that it signed a memorandum of understanding with CONINCO, a Vietnamese construction supervision company, to reinforce strategic partnerships and create new opportunities for construction management services in Vietnam and beyond. Hanlim Architecture Group Chairman Park Jin-sun, CONINCO General Director Phan Ngoc Cuong and company officials attended the signing ceremony held at the headquarters of CONINCO on July 16. Representatives from both sides dis
Industry July 23, 2024
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Bacardi teams up with The Shilla Seoul for Patron tequila summer package
Bacardi Korea has partnered with The Shilla Seoul for a luxury summer room package "Simply Perfect Vacation," featuring its premium tequila brand, Patron, the company announced Tuesday. As part of Bacardi Korea’s premium marketing strategy, the Simply Perfect Vacation package focuses on providing consumers with a unique experience with Patron, a premium tequila made from the finest blue weber agave from Jalisco, Mexico. With the package running throughout August, Bacardi Korea an
Industry July 23, 2024
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LG Innotek unveils new digital key solution for cars
LG Innotek said Monday that it has developed a more advanced digital key solution for smartphone-based vehicle control. The technology uses wireless communication to connect with smartphones, allowing users to unlock and start their vehicles without carrying a key, thus reducing the risk of key loss and enhancing security. Since launching its first automotive digital key module in 2021, the company has continued upgrading the technology. The new next-generation solution combines the previous mod
Technology July 22, 2024
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Brite Energy Partners scoops W100b investment from BlackRock
South Korean independent renewable energy producer Brite Energy Partners said Sunday that it has secured a fresh investment worth 100 billion won ($72 million) from its largest shareholder BlackRock. This funding, provided through BlackRock’s climate infrastructure business, is the fourth investment since BlackRock first backed BEP in August 2021. With the new capital, BEP plans to expand its solar portfolio to over 1 gigawatt, widen its electric vehicle fast-charging network and secure ba
Industry July 21, 2024
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AmCham hosts policy gathering with privacy watchdog
The American Chamber of Commerce in Korea announced Thursday that it had hosted a policy gathering with Ko Hak-soo, chairperson of the Personal Information Protection Commission, to explore strategies for privacy protection in the era of artificial intelligence. For a second consecutive year, Ko met with an AmCham delegation of global companies to discuss the commission’s strategic responses to AI technologies. Highlighting the PIPC’s policy agenda, aimed at fostering an AI era that
Industry July 18, 2024
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Tmax Tibero’s research center recognized top R&D center by Science Ministry
Tmax Group announced Thursday that the research institute under its database management system (DBMS) specialist subsidiary, TmaxTibero, has been recognized by the Ministry of Science and ICT as the top corporate research and development center for the first half of 2024. Among 24 exemplary corporate research institutes chosen by the ministry, two, including TmaxTibero, were highlighted for their global growth potential and designated as top-tier. TmaxTibero's research institute focuses on
Technology July 18, 2024
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HD Hyundai launches research lab to innovate vessel technology
HD Hyundai announced Wednesday the establishment of its naval technology research institute, aiming to tap into the future naval vessel market. The opening ceremony, held on the same day, was attended by about 50 participants, including HD Hyundai Vice Chairman Chung Ki-sun and HD Korea Shipbuilding & Offshore Engineering CEO Kim Sung-jun. The new research lab is a reorganized entity from the naval technology center of HD Hyundai Heavy Industries' special ships business unit and will operat
Industry July 17, 2024
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GS E&C sets new vision centering on innovation, trust building
GS Engineering & Construction unveiled Friday a new vision and six core values to foster ongoing growth and enhance employee integration. GS E&C CEO Huh Yoon-hong announced the company's new slogan: "Perfecting a safer today, forging a brighter tomorrow: with transparent trust and relentless innovation, we create a better future for all," to the builder's employees via an intranet video. The company aims to transcend traditional construction, aspiring to become an org
Industry July 12, 2024
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Daewoo E&C launches multilingual safety videos for foreign workers
Daewoo Engineering & Construction said Friday that it released a set of multi-language videos to provide safety and health guidelines to foreign workers at its construction sites. The videos were created in the languages of the top 10 countries from which foreign workers are recruited, including China, Vietnam, Kazakhstan, Uzbekistan, Russia, Mongolia, Cambodia, Thailand, Myanmar and Indonesia, as well as in English. The company expects these multilingual resources will enhance site efficien
Industry July 12, 2024
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Zyx Technology donates CAD software to University of Seoul
AI digital design platform company Zyx Technology announced that it signed a memorandum of understanding to donate ZyxCAD licenses worth 1 billion won ($722,021) to the University of Seoul. Key figures including Eom Shin-jo, CEO of Zyx Technology, and Won Yong-geol, President of the University of Seoul, attended the signing ceremony held on June 25. ZyxCAD is a versatile computer-aided design (CAD) software independently developed by Zyx Technology. It features a user interface and software lang
Technology July 11, 2024
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