LG Energy Solution (LGES) and SK Innovation (SKI) are failing to bury the hatchet. The United States International Trade Commission (USITC) ruled in favor of LGES in their trade secret lawsuit on Feb. 10 and SKI may have to stop its battery business in the United States. The USITC banned SKI’s EV ba
William C. Hannas and James Mulvenon wrote in their book titled “Chinese Industrial Espionage: Technology Acquisition and Military Modernization” that the Chinese government was engaged in technological espionage for decades while supporting technology theft in the cyberspace.On March 3, Reuters rep
Continuous technological development and recruitment to that end are essential for any enterprise to survive in competition. This is even more so in the global market.Growing companies spare no investment in employment and employee backup. This is because their members’ pride and loyalty mean low tu
With China-led global value chains collapsing in the wake of COVID-19, the global enterprises’ rush out of China is predicted to accelerate under the Joe Biden administration. Google, Microsoft, Foxconn and so on already initiated the relocationThe new U.S. president mentioned the restoration of all
The author is president & head of Mobile Communications Business, Samsung Electronics. -- Ed. Ever since I was young, I’ve been captivated by engineering and technology — enthralled by new gadgets and curious about what made them work. I didn’t think I could be more obsessed with technology, but 202
Much attention is being paid to how the KORUS alliance and its efforts for the denuclearization of North Korea will change under the Joe Biden administration.South Korean President Moon Jae-in had his first phone conversation with the new U.S. president-elect on Nov. 12, expressing his hope for even
The Moon Jae-in administration defined conglomerates, which represent a very large portion of the South Korean economy, as deep-rooted evils and has put pressure on them with a variety of regulations. However, it suddenly came up with ‘Korea New Deal’ projects after COVID-19 drove them to a precipic
The normalization of diplomatic relations between South Korea and Japan commemorated its 55th anniversary on June 22. Still, the bilateral relations are currently the worst on the economic and national security sides as well as the history side.The Japanese government implemented export restrictions
The conservative party of South Korea suffered a crushing defeat at the April 15 general elections. As a result, the Moon Jae-in administration came to dominate the executive, judicial and legislative branches for the first time since the nation's democratization in 1987 to complete a single hug
The number of COVID-19 patients is soaring in South Korea. It increased by no less than 505 to 1,776 on Feb. 27, when the number of deaths attributable to the virus rose to 13.A number of countries around the world took preventive measures such as border closure and entry prohibition. On the other h
The nation has been split into two groups, and the conflict and confrontation between them are getting worse without being addressed by politics as a system. The President is at the center of the conflict and division, and the politics of division in the streets is taking the place of systemic party
Relationships between South Korea and Japan have been deteriorating to an unprecedented state as conflicts between the two countries, which started over the issues of the past history including the Japanese military’s comfort women and the judgment on compensations for forced labor, escalated into a
Bilateral relations between the United States and China, between China and Japan, and between the two Koreas are changing fast. The U.S.-Japan alliance has evolved fast under the Shinzo Abe administration, expanding its scope to the Indo-Pacific region. The bilateral relationship between Japan and C
Since the collapse of the second U.S.-North Korean summit talks in Hanoi, Vietnam, uncertainties have been growing on the Korean peninsula.Both South and North Korea are embarrassed by the collapse of the Hanoi Summit where the United States wanted to make a package deal and North Korea stuck to a s
U.S. President Donald Trump and North Korean leader Kim Jong-un meet to talk about the denuclearization of North Korea in Hanoi, Vietnam, from Feb. 27 to 28. To this end, Kim arrived in Vietnam after a 66-hour long train journey which would only take six hours by air. Will this become a prelude of a
South Korean President Moon Jae-in has made a lot of efforts for North Korean leader Kim Jong-un’s visit to Seoul. On the plane flying back to Seoul after his recent brief encounter with U.S. President Donald Trump during the G20 summit in Argentina, the South Korean President told reporters that th
Lee Seon-kwon, head of the North Korean Committee for the Peaceful Reunification, put pressure on South Korean entrepreneurs to promise investment in North Korea during the inter-Korean summit held in Pyongyang in September.Lee said at a luncheon in Pyongyang, “How can you sit back and enjoy the Nae
On July 9, South Korean President Moon Jae-in attended Samsung Electronics’ new smartphone factory completion ceremony in Noida, Uttar Pradesh Province in northern India. While greeting President Moon, Samsung Electronics vice chairman Lee Jae-yong bowed deeply at the waist several times. I wonder h
The Inter-Korean summit, which started with North Korean leader Kim Jong-un crossing the militarized zone (DMZ) line in Panmunjom and shaking hands with South Korean President Moon Jae-in at 9:29 a.m. on April 27, was a big global event enough to attract attention from all over the world. The two le
Elliott Management, a U.S.-based activist hedge fund, is again pouncing on a Korean conglomerate that has weaknesses in corporate governance.A couple of years ago, the hedge fund mounted an attack against Samsung Group as its vice chairman, Lee Jae-yong, sought to change the group’s governance struc