Chaebol

Type: Keyphrase
Name: Chaebol
First reported Apr 15 2014 - Updated Apr 16 2014 - 1 reports

Samsung files patent for ear-mounted Google Glass competitor

High performance access to file storagePics Samsung has filed a design-patent application with the Korean Intellectual Property Office for what appears to be a cross between a Bluetooth earpiece and Google Glass.Being a design patent, there is very little ... [Published The Register - Apr 15 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

KABC to Host Business Forum at Hyatt

Dr. Tony MichellManaging Director Tony Michell of the Korea Associates Business Consultancy (KABC) will host a business breakfast forum “Multi-cultural Korea: reality and potential” at Namsan Room I of Grand Hyatt Seoul on April 17 (Thursday), 2014.Dr. ... [Published Seoul Times - Apr 16 2014]
First reported Apr 15 2014 - Updated Apr 15 2014 - 1 reports

Employment expert has some free advice

A foreign adviser who shares employment and management insights with both corporate executives and job seekers, says young Koreans should take more time to get to know themselves and select the right career path. They should be willing to take risks instead ... [Published Korea Joongang Daily - Apr 15 2014]
First reported Apr 14 2014 - Updated Apr 15 2014 - 2 reports

Chaebol's undue gains

The entrenched business malpractice of chaebol owners and their family members receiving huge dividends through unlisted companies remains intact despite an avalanche of criticism. Rather, such “dividend parties’’ are becoming more conspicuous amid slack ... [Published Korea Times - Apr 15 2014]
First reported Apr 13 2014 - Updated Apr 13 2014 - 1 reports

Thousands turn out nationwide for Samsung test

Tens of thousands of young Koreans flocked to take the Samsung Aptitude Test yesterday, nearly three months after the nation’s largest conglomerate withdrew a plan to reduce the social costs associated with preparing for and hosting the standardized ... [Published Korea Joongang Daily - Apr 13 2014]
First reported Apr 09 2014 - Updated Apr 10 2014 - 2 reports

Fastest ISPs 2014: South Korea

We’re back with the latest entry in the Fastest ISPs for 2014, and we’re looking beyond the borders of North America to identify the Internet service providers that offer the most bang for the buck. Or in this case, for the won , the currency of South ... [Published Ecoustics.com - Apr 10 2014]
First reported Apr 07 2014 - Updated Apr 07 2014 - 1 reports

Samsung Group Realigns Units Considers Cost of Top Salaries

Reporting from Seoul on April 7 suggests that the Samsung Group is in the process of realigning its units and considering the cost of the top salaries paid top executives. Failure to disclose these numbers, according to a corporate consulting firm, has ... [Published The Guardian Express - Apr 07 2014]
First reported Apr 02 2014 - Updated Apr 02 2014 - 2 reports

[Editorial] Executive pay

Information about executive compensation at the nation’s major listed companies was released early this week. As had been expected, the data, made public as part of a regulatory filing, instantly became the talk of the town.It is only natural that the ... [Published Korea Herald - Apr 02 2014]
First reported Apr 01 2014 - Updated Apr 01 2014 - 1 reports

Fat Cats Must Be Paid According to Merit

Disgraced SK Group chairman Chey Tae-won earned W30.1 billion last year as a registered director of four affiliates owned by his conglomerate (US$1=W1,064). With that Chey was the most highly paid fat cat among corporate CEOs.Chey's base salary was W9.4 ... [Published Digital Chosun - Apr 01 2014]
First reported Mar 26 2014 - Updated Mar 26 2014 - 1 reports

Korea's Finnish lesson

By John BurtonMany years ago when I was working as a foreign correspondent in Sweden, I covered the rise of Nokia in next-door Finland. Nokia then was what could be described as a Finnish chaebol. It made everything from rubber boots and paper products ... [Published Korea Times - Mar 26 2014]
First reported Mar 25 2014 - Updated Mar 26 2014 - 1 reports

W500 million a day Daeju judge in the hot seat

After the public backlash over a court’s decision to allow a disgraced chaebol owner to pay off a 25.4 billion won ($23.5 million) fine by spending 49 days in a prison labor house making tofu, the Supreme Court said yesterday that it began reviewing the ... [Published Korea Joongang Daily - Mar 25 2014]
First reported Mar 24 2014 - Updated Mar 24 2014 - 1 reports

[Newsmaker] Chaebol immunity begins to fade

Headquarters of SK Group in downtown Seoul SK Group’s headquarters in Seoul. (Yonhap)It had been common in Korea to see those with money and power, such as owners and executives of conglomerates or even their relatives, acting above the law.Whenever they ... [Published Korea Herald - Mar 24 2014]

Quotes

A DoCoMo spokesman went as far as to say "the market is not big enough to support three operating systems at this time" – by which he meant Android and iOS (sorry, Microsoft and BlackBerry), which account for more than 99 per cent of the Japanese smartphone market
...as Samsung – that the Korean chaebol hauled in a total of 191 patents on Tuesday during the USPTO's weekly patent release, including ones entitled " Washing Machine ", " Robot ", and " Apparatus and method for imaging breast "
"With the exception of Samsung, which does provide guidelines on why they give bonuses, South Korean conglomerates did not disclose any details on compensations" EFC said
In a recent op-ed , former Asian Development Bank chief economist Lee Jong Wha pointed out that in South Korea, "women remain underutilized, to the detriment of the entire economy. Indeed, any effective South Korean growth strategy must create more and better economic opportunities for women, in part by establishing more accommodating working environments and instituting a more diverse and flexible education system." But outside of imposing formal quotas, it's not clear how the government can convince executives that better utilizing the female workforce is good for...

More Content

All (75) | News (67) | Reports (0) | Blogs (7) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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Samsung claims it still plans to ship Tizen pho... [Published The Register - Apr 17 2014]
[Eye on English] Complex perceptions of Korean ... [Published Korea Herald - Apr 16 2014]
KABC to Host Business Forum at Hyatt [Published Seoul Times - Apr 16 2014]
Samsung files patent for ear-mounted Google Gla... [Published The Register - Apr 15 2014]
Employment expert has some free advice [Published Korea Joongang Daily - Apr 15 2014]
Chaebol's undue gains [Published Korea Times - Apr 15 2014]
Chaebol profit from unlisted firms [Published Korea Herald - Apr 14 2014]
Thousands turn out nationwide for Samsung test [Published Korea Joongang Daily - Apr 13 2014]
New Korea ETF Goes ‘Cheaper And Deeper’ [Published Financial Advisor Magazine - Apr 12 2014]
[Reporter’s notebook] An Icon of Noblesse Oblig... [Published Hani.co.kr - Apr 10 2014]
Fastest ISPs 2014: South Korea [Published Ecoustics.com - Apr 10 2014]
Fastest ISPs 2014: South Korea [Published PC Magazine - Apr 09 2014]
Saenuri mayoral candidates vie in TV debate [Published Korea Joongang Daily - Apr 09 2014]
South Korea insurance market dominated by large... [Published Live-PR.com - Apr 09 2014]
Israeli startup shows off smartphone battery th... [Published The Register - Apr 07 2014]
Large conglomerates unclear in criteria for top... [Published GlobalPost - Apr 07 2014]
Samsung Group Realigns Units Considers Cost of ... [Published The Guardian Express - Apr 07 2014]
Conglomerates earmark W1.71t to help partners d... [Published Korea Herald - Apr 07 2014]
Sexism Holds Korea Inc. Back [Published Bloomberg - Apr 07 2014]
Selling culture to high-end crowd [Published Korea Times - Apr 03 2014]
[Editorial] Executive pay [Published Korea Herald - Apr 02 2014]
[Editorial] Time for appropriate compensation f... [Published Hani.co.kr - Apr 02 2014]
Report issues damning assessment of Pres. Park’... [Published Hani.co.kr - Apr 02 2014]
Fat Cats Must Be Paid According to Merit [Published Digital Chosun - Apr 01 2014]
New Sammy patent trial: Apple seeks $40 PER 'in... [Published The Register - Mar 31 2014]
Hyundai Motor Reveals Chairman’s Pay for First ... [Published Bloomberg - Mar 31 2014]
Top-30 Groups' Cash Holding Balance Rises 18% t... [Published The Korea Economic Daily - Mar 31 2014]
Cash assets held by conglomerates top 157 tln w... [Published GlobalPost - Mar 30 2014]
Excellence without a soul [Published Korea Joongang Daily - Mar 27 2014]
Tycoon’s hidden assets to be seized [Published Korea Joongang Daily - Mar 27 2014]
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Planet Plutocrat [Published Anwar Ibrahim - Mar 17 2014]
The Economist The countries where politically connected businessmen are most likely to prosper AMERICA’S Gilded Age, in the late 19th century, saw tycoons such as John D. Rockefeller industrialise the country—and accumulate vast fortunes, build palatial ...
One Emerging Market To Buy [Published Zero Hedge - Mar 09 2014]
Investors can't bail fast enough on emerging markets at the moment. And rightly so, given the potential for further problems as I highlighted in last week's post,  Emerging Market Banking Crises Are Next . But the indiscriminate sell-off of emerging ...
Apple Slapped With $667K Fine For Trying To Inf... [Published TechCrunch - Dec 25 2013]
Chances are that if you’re reading this, you didn’t recently buy an iPhone in Taiwan. As it happens, that may be for the best — according to a Wall Street Journal report published earlier today, Apple has been fined NT$20,000,000 by Taiwan’s Fair ...
Can Korea’s new culture of business creativity ... [Published Venturebeat - Dec 25 2013]
Emanuelle Dyan Jeonju, South Korea It may be time to say goodbye to a well-trodden cliche. Young entrepreneurs are proving that Korea can do more than copy. The number of tech startups has surged by 80 per cent since 2011. The number of accelerators ...
Boot up: 'safe' browsing, Firefox's payday, mob... [Published Technology: Technology blog | guardian.co.uk - Nov 22 2013]
Plus what Video CD tells us, BBM's resilience, LG backs away from smartphones, and more A burst of 9 links for you to chew over, as picked by the Technology team Safeplug: safe, secure, anonymous web browsing from any device >> Pogoplug You ...
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