PRINCIPAL AWARDS/ GOLD PRIZE GS CALTEX By Lee Sang-hun Vice president of Public Relations  First, I feel grateful to receive the gold prize for this year’s The Korea Herald Advertising Awards and there is no doubt that this would become a great energy for GS Caltex to carry out its communication activities in the future. In 2009, GS Caltex set its corporate brand image as “Energy for sustainable life” and developed “I am your Energy” as a brand slogan to

CREATIVE AWARDS/ GRAND PRIZE SK INNOVATION By Lim Su-kil Head of PR Office SK Innovation is pursuing its “Green Balance 2030” initiative with full force to seek growth through an eco-friendly business management strategy. SK Innovation sends gratitude to all who supported our corporate public relations campaign “Hi !nnovation -- Save Ink.” SK Innovation, which aims to go beyond its energy and petrochemical businesses and open up the future of sustainability, has

Tech titan breaks performance records on strong chips, electronics biz

Nexon said Thursday that it is offering a therapy program to care for the mental health of employees who are experiencing emotional swings as the pandemic drags on. According to the South Korean game company, its psychotherapy program, “Reading My Mind,” which has been running since 2017, provides employees with therapy sessions where they can talk about stress they are experiencing around work, personal relationships and family. “Since March, Nexon expanded its therapy p

Naver posted all-time high quarterly sales in the third quarter this year, the company announced Thursday in its regulatory filing. The sales of Naver in the third quarter reached 1.36 trillion won ($1.2 billion), up by 24.2 percent on-year. Naver’s operating profit during the July-September period also increased by 1.8 percent on-year to reach at 291 billion won. The net profit of Naver also marked 235.3 billion won in the third quarter, surging by 176 percent on-year. The record-hi

‘Next stops: East Coast, Europe and China,’ says CEO Kim Tae-han

Daelim Industrial Co., a major South Korean builder, said Thursday its net profit rose 28.5 percent in the third quarter from a year earlier due to one-off gains. Net profit for the July-September period came to 229.1 billion won ($202.4 million), compared with 178.3 billion won a year earlier, the company said in a regulatory filing. Daelim Industrial said the reversal of the allowance for bad debts boosted its bottom line. Daelim Industrial said sales rose 2.7 percent on-year to 2.22 trilli

Samsung Electronics Co.'s Galaxy S20 Plus was the world's best-selling 5G smartphone model by revenue in the first half of the year, a report showed Thursday, although its dominance is likely to end in the second half with the release of Apple Inc.'s iPhone 12. The Galaxy S20 Plus, which was launched in February, took a revenue share of 9 percent in the global 5G smartphone market in the first half of the year, according to market researcher Strategy Analytics. The revenue of the global 5G s

Nexon said Thursday its foundation will donate 10 billion won ($8.8 million) to Seoul National University Hospital to build an independent palliative care center dedicated to children. The South Korean game company will raise the funds together with its holding company NXC and its subsidiary Neople, and use the money for buying land, construction and operation of the hospice. Set for completion in 2022, the care center will be located in Jongro-gu, Seoul and provide palliative care service

SPC Group said Thursday it has opened a new Baskin Robbins outlet, designed in the traditional Korean style Hanok building. Located in Jongno, central Seoul, the Baskin Robbins Samcheong Madang is Baskin Robins’ 10th concept store, inspired by the idea of harmonizing the traditional and the modern, the group explained. The ice cream parlor has been constructed using traditional tiles, wooden pillars and with a surrounding fence to give it the look of a traditional hanok building, the

Volkswagen Korea aims to “democratize” the imported vehicle market here with a robust lineup of eight models, the company said Thursday. Reiterating the goal the company announced in 2018, the automaker said it aimed to expand its vehicle portfolio in South Korea and offer them at reasonable prices to compete with Korean brand automobiles. With its popular sports utility vehicle Tiguan in lead, the automaker said its sales tripled in the first three quarters this year, compared

Samsung Electronics Co., the world's largest memory chip and smartphone maker, is expected to celebrate the 51st anniversary of its foundation in a low-key manner following the death of its longtime chief Lee Kun-hee, industry insiders said Thursday. Lee, one of the most influential businessmen in the country's post-war era, died Sunday at age 78, more than six years after being hospitalized for a heart attack. The South Korean tech giant has been celebrating its foundation on Nov. 1, but wit

Hyundai Mobis Co., South Korea's biggest auto parts maker, said Thursday its third-quarter net profit fell 33 percent from a year earlier as the COVID-19 pandemic affected vehicle sales.   Net profit for the three months that ended in September fell to 391.3 billion won ($346 million) from 581.9 billion won in the same period of last year, the company said in a statement.   "The coronavirus outbreak continued to weigh on consumer sentiment and vehicle sales in the thir

Business survey index

Samsung Electronics Co. said Thursday its experimental research group has signed a partnership with a local IT service firm on artificial intelligence (AI) technologies as the South Korean tech giant tries to expand its presence in human-like algorithm solutions.  Samsung Technology and Advanced Research Labs, better known as STAR Labs, inked a deal with CJ OliveNetworks Co., to develop services using their AI technologies. For their first project, the two sides will create an "inf