Economy
Business·Industry
SAMSUNG SDI CO.,LTD. Also Shifts Performance Bonus Funding Source from ‘EVA’ to ‘Operating Profit’
SAMSUNG SDI CO.,LTD. is changing the basis for calculating the funding for its performance-based bonus, the Excess Profit Incentive (OPI), from Economic Value Added (EVA) to operating profit. Followin…
Bonds·FX Policy
[Market In] Han Shin Rating Assigns ‘A2+’ Rating to KUMHOTIRECO.,INC’s CPs… “Even a 1.5 Trillion Investment Is Manageable”
Korea Ratings Corporation has assigned a new credit rating of “A2+” to KUMHOTIRECO.,INC’s commercial paper (CP). The agency determined that the company has secured a stable business foundation based o…
Business·Industry
SK hynix Labor and Management Agree to Adjust the Ratio of Performance Bonuses Paid in Company Stock from 60% to 50%
Management and labor at SK hynix have reached a tentative agreement to adjust the proportion of treasury stock in the Profit Sharing (PS) bonus—a performance-based incentive—from 60% to 50%. This new …
Business·Industry
LG Corp. Brings ‘AI Home’ to Dutch Appliance Store… Store Sales Up 20% [Field Report]
“As you can see right now, it’s no fun when products are just lined up in a row. Since products are ultimately used at home, I wanted to show how they’re actually used in everyday life.”
At the LGE…
Business·Industry
Europe Phasing Out Gas Boilers… LG Corp. Secures Contract for Entire ‘Integrated Solution’ Beyond Heat Pumps [Report]
A newly constructed apartment complex with 102 units in Leidscherk, located about a 20-minute drive from Rotterdam, Netherlands. Climbing onto the roof of the building, which is currently under constr…
Business·Industry
SamsungElectronics to Train Specialized Heat Pump Personnel… Accelerating Expansion into the Electric Heating and Cooling Market
SamsungElectronics is accelerating its push into the domestic electric heating and cooling market by training professionals specialized in the installation and servicing of EHS heat pumps.
SamsungE…
Finance
BITPLANET Secures 1,204 Bitcoin Miners… Aims to Mine 84 BTC Annually
KOSDAQ-listed company SGA Co.,Ltd(049470)has completed the acquisition of Bitcoin mining rigs and will begin full-scale operations shortly.
Previously, on the 9th, BITPLANET announced in a reg…
Business·Industry
SK hynix Saves 170,000 Metric Tons of Water Per Day… Water Reuse Volume Up 54% in Four Years
SK hynix has reportedly saved an average of 170,000 metric tons of water per day last year by reducing water consumption and reusing wastewater in its semiconductor manufacturing process. According to…
M&A·IB
“Where’s the gap in my portfolio?”… Institutions Now Seeking ‘Portfolio Doctors’
The nature of competition in the asset management industry is changing. In the past, it was common to select asset managers based on specific asset classes—such as “Which firm performs best with overs…
Financing
[Market In] “Unlocking 134.1 Billion in Dormant Assets”… DaelimTrading’s ‘Complete Transformation’ for the First Time in 56 Years
Lee Sang-won, CEO of Daelim Trading ( DaelimTrading(006570) ), announced his ambition to significantly improve the company’s financial structure and revitalize its core business by realizing the value…