Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Microsoft Korea recently announced the appointment of renowned IT expert Cho Won Woo, commonly known as Willy Cho, as its new Chief Executive Officer (CEO). With over 25 years in B2B tech and leadership roles at giants like AWS and Cisco, Cho's expertise is expected to accelerate Microsoft's digital and AI ambitions in the pivotal Korean market.
Cho is a renowned expert in the IT field, and Microsoft Korea expects him to boost the company's business in the Korean market. The company further said it wants to speed up its digital transformation under Cho's leadership.
According to The Korea Times, the Korean unit of the US-based group best-known for its software products shared that Cho Won Woo, whose English name is Willy Cho, is set to officially start his job as the new CEO on Aug. 21.
He is an IT expert with over 25 years of experience in business-to-business (B2B). He is well-versed in enterprise software, digital cloud computing, and digital solutions fields.
Before being hired by Microsoft Korea, the incoming chief worked for Magazone Cloud and GE Digital Korea as president. He was in charge of business operations, domestic business strategy, and new business development.
In addition, he worked for Amazon Web Services (AWS) and Cisco Systems in senior leadership posts. Finally, with his appointment as CEO at Microsoft Korea, Cho hopes to help the company achieve its digital transformation and AI expansion goals.
"As one of the most dynamic markets in the region, Korea is leading the way in AI transformation," Ahmed Mazhari, president of Microsoft Asia, said in a previous press release. "The tech ecosystem has given Microsoft an extraordinary platform from which to partner with Korean companies to drive an innovation agenda, and there is no one better suited to lead this next chapter for us than Willy Cho who brings not only depth but breadth of experience to the role."
Photo by: Tawanda Razika/Pixabay
