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Finance

South Korea's top court orders retrial in Hana Financial chair's hiring fraud case

Hana Financial Group Chairman Ham Young-joo (함영주) was cleared of allegations of involvement in hiring irregularities following a Supreme Court ruling. On Jan. 29, the court quashed and remanded the part of the lower-court judgment on obstruction of business and dismissed all remaining appeals. Ham had earlier received a suspended prison sentence at an appeals court over the charge. Hana Financial said it respected and was grateful for the Supreme Court’s decision.

Industry

LG Energy Solution steps up push into robot battery market

LG Energy Solution is stepping up its entry into the robot battery market and is in talks with six robot makers on battery supply and development of next-generation models. The company reported fourth-quarter revenue of 6.14 trillion won and an operating loss of 122.0 billion won, while starting shipments of its 46-series cylindrical cells. It also outlined plans to expand ESS production and target revenue growth this year.

Industry

Mangoslab partners with Korean Pharmaceutical Association on braille technology

Mangoslab, a braille printing company that spun off from Samsung Electronics' C-Lab Inside programme, signed an agreement with the Korean Pharmaceutical Association to improve safe medication use and access to information for visually impaired people. The sides will technically link Mangoslab's small braille label printer, Nemonic Dot, with pharmacy claims programmes. Once completed, pharmacies will be able to print braille labels instantly. The parties also plan pilot projects and policy proposals.