Koo Kwang-mo, the fourth-generation leader of LG Group, appears to be seeking a rapid change in the top brass of the fourth-largest conglomerate in South Korea, making sooner-than-expected appointments for key posts at LG Corp., according to the industry on Sunday. The 40-year-old chairman reportedly appointed Kwon Young-soo, vice chairman and CEO of mobile carrier LG Uplus, as the CEO of holding company LG Corp., and is scheduled to discuss the appointment at a board meeting Monday.  LG Corp. C

The latest craze for sneakers has helped luxury designer brands think out of the shoebox. Marking a departure from conventional beauty and balance, designer brands have been introducing some experimental designs for sneakers and flat shoes. But the competition for the coolest style has turned into an effort to make shoes as ugly as possible.From Balenciaga’s Triple S Trainers, Gucci’s Rhyton to Louis Vuitton’s Archlight, sneakers from those luxury brands are all part of the trend for “ugly shoes

이재용 삼성전자 부회장이 문재인 대통령과의 첫 '상견례'를 치른 후 인도에서 돌아왔다.이 부회장은 11일 저녁 9시50분 경 대한항공 전세기를 이용해 서울 강서구 김포국제공항을 통해 귀국했다. 고동진 무선사업부문장 사장, 김원경 글로벌대외협력 부사장, 홍현칠 서남아총괄장 등이 함께 귀국했다. 이 부회장은 이번 성과에 대해 언급을 피한 채 웃으며 공항을 떠났다.이재용 부회장(왼쪽)이 11일 고동진 무선사업부문장 사장과 김포국제공항을 통해 귀국하고 있다. (코리아헤럴드 송수현 기자)이 부회장은 9일 인도를 국빈방문 중인 문 대통령과 삼성전자가 새롭게 준공한 노이다(Noida) 스마트 폰 생산시설에서 만나 첫 인사를 나눴다. 이 자리에서 이 부회장은 문 대통령으로부터 "한국에서도 더 많이 투자하고, 일자리도 더 많이 만들어주길  바란다"는 당부를 받았다. 이 부회장은 지난 2월 최순실 국정농단 사태에 휘말려 1년여 간 구속된 이후 항소심에서 집행유예 2년 을 받고 풀려난 이후로 문 대통령

South Korea’s LG Electronics is taking on patent infringements by global smartphone makers by filling a suit against France’s device manufacturer Wiko, the company said Wednesday. LG filed the suit with a court in Mannheim, Germany, accusing the French company of infringing three LTE standard patents owned by the Korean phone maker. The three patents are regarding LG’s proprietary technologies enabling efficient communications between mobile devices and LTE networks.  (LG Electronics)Wiko is a M

South Korea’s largest panel maker LG Display said Tuesday the company has been approved by the Chinese government to build a new joint venture and plant for production of organic light-emitting diode display panels in Guangzhou. The Korean OLED panel maker has set up a joint venture with Guangzhou Development District with a capital of 2.6 trillion won, and invested nearly 5 trillion won to construct an 8.5-generatioin OLED manufacturing facility. The new plant will start its operations in the s

South Korea’s biggest family-run conglomerate Samsung appeared to be remaining low-key Tuesday after the first encounter between its heir apparent Lee Jae-yong and President Moon Jae-in, while seeking measures to join the government’s drive for economic revitalization, according to the business community on Tuesday. During a five-minute impromptu meeting which is said to have been suggested by Moon, the president requested Samsung to create more jobs, core agenda to realize its income-driven eco

On his state visit to India, one of the highlights of South Korean President Moon Jae-in’s schedule was his visit to Samsung Electronics’ newest smartphone plant in Noida. Joined by Indian Prime Minister Narendra Modi, Moon touted the Korean tech titan’s cooperation with local businesses.Samsung’s heir apparent Lee Jae-yong greeted the two leaders ahead of a ceremony held to mark the completion of the new production line. Around 300 government officials of both countries and top brass of Samsung

Samsung Electronics’ heir apparent Lee Jae-yong departed for India on Sunday with two major tasks: recover relations with the Moon Jae-in government and lay groundwork to further expand in the Indian smartphone market. The highlight of Lee’s trip to India will be his meeting with President Moon -- who also left Sunday for a state visit to the country and Singapore for six days. They will be face to face at a ceremony on Monday to mark the completion of Samsung’s newest factory for smartphones in

-삼성-정부 관계 회복, 무선, 네트워크사업 돌파구 찾는다 -이 부회장, 윤부근 부회장, 고동진 무선사업부문장, 등 8일 인도 출국 -문 대통령 노이다 신공장 준공식 방문, 삼성-정부 관계 재정립 기대이재용 삼성전자 부회장, 윤부근 CR담당 부회장, 고동진 무선사업부문장 사장 등이 8일 오전 김포국제공항을 통해 인도로 전격 출국했다. 같은 날 인도를 국빈방문하는 문재인 대통령이 참석하기로 되어 있는 삼성전자 스마트폰 생산시설 준공식에 참석해 문 대통령을 맞이하기 위해서다.이 부회장이 지난 2월 집행유예로 석방된 이후 문 대통령을 만나는 것은 이번이 처음이며, 삼성 총수로서 첫 공식 행보이다.하지만 11시 15분경 공항에 도착한 이 부회장은 기자의 질문에도 대통령과의 회동 등에 대해서 일절 언급을 피하는 등 다소 긴장한 모습이었다.  (사진=코리아헤럴드 송수현 기자)‘적폐 청산’을 기치로 내건 문재인 정부 출범 이후 공정거래위원회, 금융위원회 등 정부기관들이 이 재용 부회장의 승계와

There are various ways to help beat the sweltering summer heat in Korea;　swimming in the sea, eating hot boiled chicken soup, and camping along the Han River are some options. But shopping at goblin markets seems to be gaining in popularity. Officially called “Seoul Bamdokkaebi Night Market,” it is a night market event organized by the Seoul Metropolitan Government. Visitors to the night market, which are open Fridays and Saturdays from March to October, can enjoy foods from around the world, sh

South Korean President Moon Jae-in will attend a ceremony to mark the completion of Samsung Electronics’ new smartphone plant in India next week, according to Cheong Wa Dae.The president, who is to pay a state visit to the country from July 8 to 11, will be joining the tech titan‘s celebration on Monday, an event to take place at its new smartphone production facility in Noida, a planned city in the northern state of Uttar Pradesh, a Blue House official confirmed Thursday.The official added Sams

Samsung Electronics announced that it will expand collaboration with UK-based semiconductor intellectual property firm Arm to 7 and 5-nanometer FinFET process technology for high-performance computing at a foundry forum held in Seoul on Thursday. The enhanced collaboration with Arm is part of the memory chip giant’s efforts to strengthen its foundry business by providing better solutions for its fabless customers. On 7-nm Low Power Plus and 5-nm Low Power Early process technologies, Samsung will

South Korean ICT Minister Yoo Young-min on Wednesday emphasized connectivity will play a significant role in strengthening the country’s competitiveness at Innovate Korea 2018, a forum on information and communication technology and science held by Herald Corp.“An era of hyper connectivity has already come, and how we respond will determine the national competitiveness for the next few decades,” Yoo said. The second edition of the Innovate Korea forum co-hosted by National Research Council of Sc

South Korean mobile carriers are ramping up partnerships with Samsung Electronics as part of moves towards completing the country’s first fifth-generation commercial network system amid ongoing biddings joined by global vendors such as China’s Huawei, according to the industry on Tuesday. SK Telecom, the nation’s No.1 telecom business by the subscriber number, said the company has developed the 5G NextGen Core equipment based on international standards such as the hyper text transfer protocol, a

Koo Kwang-mo, the new CEO and chairman of LG Corp., on Monday started off his first day as the chief of the fourth largest conglomerate in South Korea, focusing on major issues across the group’s affiliates. The 40-year-old group head skipped an inauguration ceremony and started figuring out major issues of the group in a new office room on the 30th floor of the east building of LG Twin Tower in Yeouido, western Seoul.“While inheriting and developing my predecessor’s management direction based o