SK hynix, the world's second-largest memory chip maker, is expected to offer financial incentives of 1.2 million won ($926) to each of its employees to boost morale, as the company has been struggling from consecutive losses in quarterly earnings, according to industry sources, Wednesday. SK hynix's labor union held a staff briefing session recently to explain it has come to an agreement with the company management for the company to provide the incentive to employees, according to sou

Korean construction management firm Hanmi Global said Tuesday that Kim Yong-sik, a former senior vice president of Hyundai Engineering & Construction, had been appointed as its new head of North America to be tasked with accelerating its overseas expansion. Born in 1964, Kim studied architectural engineering at Seoul National University and earned a master’s degree in real estate at the National University of Singapore. An industry veteran in the field of overseas construction projects