Global top inspection player seeking share buybacks, M&As, CEO saysChips connected with tiny electronic components and circuits are made through long manufacturing lines. They must be assembled and produced with maximum precision and perfection. Otherwise consumers are left with malfunctioning mobile devices and computers.In between those lines, there is inspection equipment such as solder paste and automatic optical inspection that makes sure such electronic components are put together and made

Technology May 13, 2012

Public-private partnership has been one of the effective ways to tackle global warming.And financial companies have faced growing calls for playing a more active role in dealing with climate change as a majority of funding to sustain green growth will need to come from the private sector, while governments need to back it with sound policies.Climate change is not a short-term issue, and financial companies should see it as more than just about project financing, said Gwen Andrews, vice president

May 11, 2012

As the Yeosu Expo kicks off this weekend, foreign delegations, tourists or even local visitors may wonder what they should see.Wonder no further. As the Expo organizing committee has said numerous times, just relax and let the hundreds of guides and officials take you to attractions and pavilions where you can learn about the present and future industry and technology of marine and green science.If you are still concerned, perhaps some of these suggestions can help ease the burden. First, the Ex

May 10, 2012

 Choe says company may consider establishing R&D center domesticallyKorea’s software industry may have been in the shadows for quite some time.But Michael Choe, president of CA Technologies Korea, the local subsidiary of the world’s biggest IT management software company, said that with the emergence of cloud computing technology, it will stand at the forefront of innovation.“Software had been a ‘necessary evil’ in the past (in Korea), but now it has become a more integral part of the drive for

Technology May 9, 2012

Korea has capacity to develop higher value-added mobile apps for exportSAP is always on the lookout for acquisitions that can help the world’s largest enterprise software company gain innovative technology and reinforce its business in mobile, in-memory and cloud computing.Korea would definitely be one of many potential markets where SAP, backed by “tons of cash,” would seek opportunities in mergers and acquisitions, said Hyoung Won-joon, CEO and president of SAP Korea.“It may be a cliche to say

Technology May 8, 2012

Exor, an Italy-based investment holding company, has proposed Lee Jay-yong, president and chief operating officer of Samsung Electronics to be its board’s independent director. Lee is the only son of Lee Kun-hee, the owner of Korea’s largest conglomerate Samsung Group. Exor, meanwhile, is controlled by the Agnelli Family. Exor, whose portfolio includes Fiat and Chrysler, said in a press release on May 4 that it has filed candidates, including Lee, for the board of directors to its shareholders f

Industry May 7, 2012

Largest PE shareholder G&A could consider exit next year　When Nam Sam-hyun joined Etrade Korea as its chief executive officer four years ago, he was in deep sorrow at seeing the company, the first online brokerage firm to be established in Korea, fall behind Kiwoom Securities. Nam, the former CEO of Woori Futures, said he has since vowed to improve everything about Etrade’s image and operations by first investing in not only its electronic systems but also human capital.“When I first came to thi

May 6, 2012

 Asia’s 4th largest economy unlikely to graduate to developed markets index soonSouth Korea would be better off remaining in Morgan Stanley Capital International’s emerging markets index than entering its developed markets index, said a global investment bank.Shawn Kim, an equity strategist and executive director at Morgan Stanley, said that Korea could end up like Israel and be ignored by global investors if it moved into the developed index.“After Israel was included in the MSCI developed inde

May 3, 2012

Gimpo International Airport may have lost its hub status to state-backed Incheon International Airport, but Korea Airports Corp., the operator of 14 regional airports including Gimpo, still aims to exhibit its prowess in airport management and equipment exports.KAC vice president Kim Byeong-no said the company is set to compete with global equipment players such as Thales and Selex, while tapping build-operate-transfer or operation and maintenance projects. “KAC has more than 30 years experience

April 29, 2012