Latest news with #SKGroup
Nikkei Asia
5 days ago
- Business
- Nikkei Asia
Memory chip business to rely more on select customers: SK Group chairman
TOKYO -- The AI memory chip business is becoming more specialized but also more reliant on a small number of "locked-in" customers, according to SK Group Chairman Chey Tae-won. SK Hynix, the South Korean group's chip company, has made a name for itself amid the artificial intelligence boom as the primary supplier of high bandwidth memory (HBM) chips to Nvidia of the U.S.
Nikkei Asia
30-05-2025
- Business
- Nikkei Asia
SK Group chairman proposes joint South Korea-Japan purchase of US gas
TOKYO -- SK Group Chairman Chey Tae-won, a heavyweight in South Korean business circles, has proposed that his country and Japan jointly purchase liquefied natural gas from the U.S. in response to Washington's pressure to buy more American goods. Chey told Nikkei Asia that he is proposing this idea to South Korean and Japanese businesses to tackle "trade issues" that both countries have with the U.S. Chey was speaking on the sidelines of the Future of Asia forum in Tokyo.
Rhyl Journal
28-05-2025
- Business
- Rhyl Journal
Domino's Pizza officially opens new Denbighshire store
The pizza chain opened its latest store at 57 Well Street, Ruthin, creating 25 new jobs in the area, including pizza chefs, store team members and delivery drivers. The store is open seven days a week from 11am–11pm, serving up freshly prepared Domino's favourites, including Pepperoni Passion and Vegi Supreme alongside new additions such as the recently returned The Ultimate Chicken Mexicana. Ricky Kandola, operations director at SK Group, said: 'We are delighted to launch our new store in Ruthin, delivering 25 new jobs to the local area. "We've been thrilled by the warm welcome so far and can't wait for pizza fans to experience our delicious menu delivered to them at home. "We're really looking forward to settling in and building strong lasting relationships with the local community.' The store hosted an opening ceremony, where Ruthin Mayor Cllr Peter Daniels cut the ribbon and community members and customers were invited to meet the new store team and try some freshly prepared Domino's pizza. MORE: Plans to rebuild Llanerch Bridge scrapped despite £1.5m spent To celebrate its arrival, Domino's Ruthin is offering a series of exclusive, limited-time-only deals designed to give customers a flavour-packed welcome: • Any Size Pizza for ONLY £9.99 delivered • Any Size Pizza for ONLY £7.99 when you collect from store • FREE Cookies with all collection orders for the entire opening week • 200 FREE Small Pizza Postcards will be distributed on opening day, redeemable Monday to Wednesday For those interested in earning some 'dough' while delivering pizza, then the Ruthin store may have the perfect job for you – apply at Irfan@
Korea Herald
14-05-2025
- Business
- Korea Herald
SK Group launches data protection committee to bolster group-wide cybersecurity
SK Group said Wednesday it has launched a special committee on data protection as part of its efforts to improve cybersecurity across its affiliates, following a large-scale data breach at SK Telecom Co. The special committee was formed under the SUPEX Council, SK Group's top decision-making advisory body, to proactively identify and block security risks and strengthen security capabilities of affiliates within the group, according to SK Group. Chey Chang-won, chairman of the SUPEX Council, will head the new committee, with key SK Group affiliates, including SK Corp., SK Innovation Co., SK hynix Inc. and SK Telecom, participating. To ensure expertise and objectivity, SK Group has appointed external cybersecurity experts from academia and industry as official members. They include professor Choi Kyoung-jin of Gachon University, professor Lee Byung-young from Seoul National University and professor Kim Yong-dae, former director of the Cyber Security Research Center at the Korea Advanced Institute of Science & Technology. The launch of the committee is part of a promise made by SK Group Chairman Chey Tae-won during a media briefing last week, in which he publicly apologized for the data breach that may have exposed the personal information of approximately 25 million SK Telecom users. The breach was first detected on April 18, involving a significant leak of universal subscriber identity module data. In response, the company has offered to replace the USIM of all 25 million subscribers, including 2 million budget phone users, free of charge to prevent identity theft or financial fraud. The company has also enrolled all users in its USIM protection service, which, it says, offers the same level of protection against unauthorized financial activities as a physical USIM replacement. (Yonhap)
South China Morning Post
13-05-2025
- Business
- South China Morning Post
Japan watches South Korea's presidential polls for signs of warmer ties
Japan is watching South Korea 's presidential race with cautious optimism as Democratic Party candidate and presidential front runner Lee Jae-myung signals a potential shift towards closer trade and security ties with Tokyo – though analysts warn he could fall back on the anti-Japan playbook that has long energised his political base. Lee, who polls indicate is the leading contender ahead of June's snap election, has recently issued a flurry of remarks supportive of economic solidarity with Japan, a stance some in Tokyo interpret as pragmatic recognition of shifting dynamics in the region, particularly amid tensions between the United States and China. On May 8, Lee told reporters in Seoul that he 'completely agrees' with a proposal put forward by Chey Tae-won, chairman of the SK Group conglomerate and head of the Korea Chamber of Commerce and Industry, for economic solidarity with Japan as a counterpoint to global 'rule-setters' such as the US and China. Chey has been a vocal advocate for the creation of an economic trading bloc similar to the European Union that unites South Korea with Japan and nations from Southeast Asia. Container ships are loaded at a port in Tokyo, Japan, on Monday. Japan is South Korea's fourth-largest trading partner. Photo: EPA-EFE Lee reinforced that support the following day with a written comment to a forum on regional security and economic challenges, chaired by a member of the Democratic Party, in which he described Tokyo as a valuable partner.
