UPDATED. 2020-05-28 18:27 (목)
KT boss expounds on localizing supply chain
KT boss expounds on localizing supply chain
  • Jong Jun LEE
  • 승인 2020.05.21 14:07
  • 댓글 0
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Telco vows to collaborate with venture capital firms in post-COVID-19 world
KT CEO Koo Hyun-mo stressed the importance of localizing supply chain in the post-COVID-19 world. Image: KT
KT CEO Koo Hyun-mo stressed the importance of localizing supply chain in the post-COVID-19 world. Image: KT

KT CEO Koo Hyun-mo stressed the importance of localizing supply chain when it comes to core components for Korean companies in light of the COVID-19 pandemic, Thursday.

The boss of South Korea’s second largest carrier spoke at a seminar in Seoul in front of some 40 executives of local venture capital companies, the telco said.

Company K Partners chief investment office Kang Soo Lee, Mirae Holdings CEO Kim Pan-gun and HB Investment vice president Park Ha-jin, among others, were in attendance, KT said.

“COVID-19 will require companies to think about supply chain, employee safety, closure of facilities and a sudden drop in demand, that they haven’t done before,” Koo said.

“KT will collaborate with start-ups and venture capital companies in areas such as artificial intelligence to promote social values and bring innovation in this new climate,” he added.


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