SK Telecom's CEO Man-won Jung said at an October 25th press conference that SK Telecom had been stuck in a closed policy in a walled garden and this caused its failure to achieve success as a global company.
Continue reading "Tears from SK Telecom CEO and a New Plan" »
SK Telecom is seeking a new growth engine to move away from the current sluggish telecom market, since last year the company has pursued the traditional enterprise market with its new business line, "Industry Productivity Enhancement (IPE)".
Continue reading "Update of SK Telecom's IPE Business" »
Two Korean handset giants, Samsung Electronics and LG Electronics, are showing a mixture of joy and sorrow in their third quarter handset business results.
In the telecom business, Samsung posted an operating profit of 1.13 trillion won on revenue of 11.12 trillion won while LG recorded the worst-ever quarterly operating loss with 330 billion won on revenue of 3.22 trillion won.
Continue reading "A Rising Samsung, a Falling LG in the Handset Business" »
