[News Space=Reporter seungwon lee] Samsung Electronics announced on the 15th that it will purchase a total of 10 trillion won worth of its own stocks to increase shareholder value. Samsung Electronics held a board meeting on this day and decided on a plan to buy back a total of 10 trillion won of its own stock over the next year. Of this, 3 trillion won of its own stock will be bought back and burned entirely within three months. Samsung Electronics will purchase shares through an on-exchange transaction from the 18th of this month to February 17th of next year. The treasury shares planned to
[News Space=Reporter seungwon lee] HD Hyundai carried out its 2024 executive appointments on the 14th. In the personnel changes that day, Vice Chairman Jeong Gi-seon was promoted to Senior Vice Chairman, and President Cho Seok of HD Hyundai Electric was promoted to Vice Chairman. Kim Jae-eul, Vice President of Shipbuilding Business at HD Hyundai Heavy Industries, has been promoted to President as CEO of HD Hyundai Samho, and Song Myung-joon, Vice President of Finance Support Office at HD Hyundai, has been promoted to President as CEO of HD Hyundai Oilbank. At HD Hyundai Oilbank, Vice President
[News Space=Reporter seungwon lee] That day has come again this year without fail. The whole country is bustling with November 11th day marketing. When most people think of November 11th, the first thing that comes to mind is Pepero Day, as well as Farmers' Day, Garaetteok Day, Chopsticks Day, Stick Day, Tithe Day, Singles' Day, Pedestrian Day, Physically Disabled Persons' Day, Real Estate Industry Day, Rail Day, Snow Day, Korean Song Day, Navy Foundation Day, UN Veterans Memorial Day, and Department Store Foundation Day. The Iri Station explosion, Option Shock, the end of World War I, Polish
[News Space=Reporter seungwon lee] The number of female executives in the top 100 companies in Korea has reached 463, the highest number ever. In addition, 74 out of the 100 companies this year produced at least one female executive, breaking the record set last year and the year before. Compared to last year, the total number of executives in the top 100 companies this year increased only slightly by 0.8%, but the number of female executives increased by 5.5% during the same period. Among individual companies, Samsung Electronics surpassed 80 for the first time this year, and Amore Pacific wa
[News Space=Reporter seungwon lee] Hanwha Ocean has won orders for two LNG carriers, recording the largest number of orders among domestic shipyards this year. Hanwha Ocean (CEO Kim Hee-chul) announced that it has received an order for two LNG carriers worth 713.5 billion won from Maran Gas Maritime, a subsidiary of Angelicoussis Group, the largest shipping company in Greece. The ships will be built at the Geoje Plant in Gyeongsangnam-do and delivered to the ship owner in 2027. In particular, this contract includes an option contract for two ships, so additional orders are expected in the futu
[News Space=Reporter seungwon lee] Samsung Electronics uses code names as a means of maintaining security and preventing information leaks during the development of new products. This is not only a security-related matter, but also a means of metaphorically expressing the philosophy and function of the product, and it also becomes a device that arouses curiosity in many people. In particular, these codenames implicitly represent the innovation and technological achievements of the devices developed by Samsung Electronics. For example, the Galaxy S10's 'Beyond' signifies new design and technolo
[News Space=Reporter seungwon lee] Lotte Welfood (formerly Lotte Confectionery) will be running a large-scale outdoor advertisement to promote Pepero Day in Times Square, New York, this year, following last year. This year, the scale has been further expanded. Lotte Welfood announced on the 4th that it will be showing digital advertisements on the giant screen of the 'TSX Broadway' building located in Times Square, New York, USA from the 21st of last month to the 11th of this month. This is the second Times Square advertisement following last year, and this year, the scale has been further exp
[News Space=Reporter seungwon lee] What do Samsung Electronics, KB Kookmin Bank, Hana Tour, Daesang, LF (LG Fashion), Lotte Asset Development, Hanjin, and Daewoo Construction have in common? These companies are coincidentally founded on November 1st. Choosing such dates reflects the growth and identity of the company and gives employees a sense of belonging. Such anniversaries have a significant impact on employee motivation and engagement. A financial industry insider said, "It's surprising that the founding anniversaries of Korea's leading companies and well-known large companies coincidenta
[News Space=Reporter seungwon lee] Regarding the promotion of Shinsegae Group CEO Jeong Yoo-kyung to chairman on October 30, the Korea CXO Research Institute (Director Oh Il-sun), a corporate analysis specialist, stated that she is the first female chairman among major domestic corporations born after 1970. The CXO Research Institute announced in September that it had surveyed 200 major domestic conglomerates and 60 major mid-sized companies in terms of the number of chairmen born after 1970, and that there were 31 of them. All 31 chairmen surveyed were male. With the promotion of CEO Jung Yoo
[News Space=Reporter seungwon lee] Adidas Korea CEO Peter Kwak (Kwak Geun-yeop), who is suspected of abusing franchisees, was criticized by both ruling and opposition party lawmakers for his insincere attitude during the National Assembly’s State Affairs Committee’s state audit. In particular, CEO Peter Kwak, who spoke fluent Korean during last year’s state audit, brought an interpreter and gave answers in English this year, drawing criticism from both ruling and opposition party lawmakers. At the National Assembly’s State Affairs Committee’s state audit of the Fair Trade Commission and other