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...broadcast his intention to turn Hyundai into a Top 5 automaker, few took him seriously. Hyundai, like many family-controlled Korean companies, was ultra-hierarchical and slow to change. Division chiefs ran their operations as personal fiefdoms. "When a problem occurred, each division would blame other divisions," says Lee Hyun Soon, a senior executive in research and development...

Author: /time Magazine | Title: Hyundai Grows Up | 6/20/2005 | See Source »

...would be returning to the negotiating table. A day later, North Korea denied making that commitment. North Korean Vice Foreign Minister Kim Gye Gwan told an ABC television-news crew in Pyongyang that the country was producing more nuclear bombs. Meanwhile, a meeting between South Korean President Roh Moo Hyun and U.S. President George W. Bush, despite declarations of unity, ended with the two allies unable to agree, as usual, whether to coax North Korean despot Kim Jong Il with aid and trade or hammer him with tougher economic sanctions...

Author: /time Magazine | Title: The North's Bitter Harvest | 6/13/2005 | See Source »

Sounds ambitious, but the website is already extremely influential at home. After two schoolgirls were crushed to death in 2002 by a U.S. military vehicle, OhmyNews provided blanket coverage, triggering widespread demonstrations against the U.S. troop presence. As South Korean President Roh Moo Hyun rode the surge of anti-U.S. sentiment to victory in the 2002 election, OhmyNews portrayed him as the voice of the younger generation. Roh gave his first exclusive interview as President to the online upstart...

Author: /time Magazine | Title: The People's News Source | 5/29/2005 | See Source »

...Hyun Yong loves soccer and baseball, and now he can watch games on his cell phone. Mobile carriers have invested heavily to make fast high-quality video streams a reality--until now with little success. But digital multimedia broadcasting, a new Korean technology, is finally allowing consumers to get video on the go. On May 1, TU Media, a subsidiary of SK Telecom, launched a satellite-based service that beams seven video channels to cell phones. (Nokia and Qualcomm are backing similar technologies that won't hit the market until next year.) Tu Media forecasts 600,000 users for what...

Author: /time Magazine | Title: TV Anywhere, Anytime | 5/22/2005 | See Source »

...more nationalistic generation of South Koreans who are frustrated with America's dominant role in the fate of the peninsula. Younger citizens want their leaders to carve out a new, more independent position?one that envisions the eventual, peaceful reunification of the two countries. South Korean President Roh Moo Hyun, elected in 2002 thanks to strong support from younger voters, said in a speech in Los Angeles last year that he could understand why North Korea might feel it needs nuclear weapons as "a deterrant for defending itself from external agression." (Roh still insists that the long-standing alliance between...

Author: /time Magazine | Title: See No Evil | 5/16/2005 | See Source »

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