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Minister Lee Chang-yang of the Ministry of Trade, Industry and Energy (MOTIE), Samsung Electronics CEO Kyung Kye-hyun and President Choi Si-young of Samsung Electronics’ Foundry Business gestures as they participated in a ceremony to ship foundry chips, mass produced by the world’s first 3-nanomet…
Chung Eui-sun, Chairman of Hyundai Motor Group, and Warren East, CEO of Rolls-Royce pose with an electric vertical take-off and landing (eVTOL) vessel in the background after they struck an MOU to collaborate on bringing all-electric propulsion and hydrogen fuel cell technology to the Advanced Air M…
LG Chem CEO Shin Hak-cheol shakes hands with GM Chairman & CEO Mary Barra after they signed a deal to eatblish Ultium Cells LLC, a joint venture, In December 2019. (Photo: LG Chem)LG Chem and General Motors Co. announced a binding agreement for the supply of Cathode Active Materials (CAM) from L…
Vice Chairperson Miky Lee of CJ ENM. (Photo: CJ Group)Vice Chairperson Miky Lee of CJ ENM, won the 2022 International Emmy Directorate Award, hosted by the International Academy of Television Arts & Sciences (IATAS). She has been recognized for aggressively globalizing Korean pop culture an…
Hyundai Mobis has developed an air sterilization system which utilizes ultraviolet rays and an air duct technology. (Photos: Hyundai Mobis)Hyundai Mobis has introduced a new concept built-in sterilization system for the inside of automobiles. Hyundai Mobis has developed an air duct employing a …
LG Uplus will set up its first sole pavilion to display major platform services at the Mobile World Congress (MWC) 2023, to be held in Barcelona, Spain, from Feb. 23 to March 2, 2023. A view of Barcelona Granvia Fira. Exhibition Hall at MWC 2022. (Photos: LG Uplus) LG Uplus will set up its firs…
Amorepacific’s main inner beauty brand VITAL BEAUTIE has launched a health functional food for sleep improvement fermented Good GABA 365, using “L-glutamic acid fermented GABA powder.” (Photo: Amorepacific)Amorepacific announced on July 11 that its “L-glutamic acid fermented GABA powder,” devel…
Chairman Cho Won-tae of Korean Air. (Photos: Korean Air)Concerns are rising over a long delay in the merger between Korean Air and Asiana Airlines. In particular, experts have pointed out that the biggest problem is the delay in review by fair trade authorities in overseas countries. Revie…
An image of “Amazing Oat,” an alternative to milk or breakfast, released by Maeil Dairies. (Photos: Maeil Dairies)Maeil Dairies has put on the market “Amazing Oat,” an alternative to milk or breakfast. Amazing Oat is made with oats produced in Finland. The European country is optimal for gr…
Deputy Prime Minister-MOEF Minister Chu Kyung-ho delivers a lecture on the direction of the new government’s economic policies at the Jeju Forum on July 13. (Photo: MOEF)Korea Chamber of Commerce and Industry (KCCI) recently opened the Jeju Forum, ending the event’s three-year hiatus caused by the…
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Economy/Finance
Chairman Cho Yong-byoung of Shinhan Financial Group. (Photos: Shinhan Financial Group)Shinhan Financial Group announced on July 22 that the group’s second-quarter net income reached 1,320.4 billion won, a decrease of 5.7 percent against the previous…
Chairman Yoon Jong-kyu of KB Financial Group. (Photos: KB Financial Group)KB Financial Group announced its business results for the first half of 2022 through internet and mobile live broadcasting on July 21. KB Financial Group posted 2,756.6 bi…
Chairman Ham Young-joo of Hana Financial Group. (Photos: Hana Financial Group)Hana Financial Group announced that it posted a cumulative consolidated net profit of 1.727.4 billion won in the first half of 2022, including 825.1 billion won in the seco…
NH NongHyup Bank announced on August 10 that it held “Ring, Financial Golden Bell!,” the fourth stage of the N Kid & N Junior Course. (Photo: NH NongHyup Bank)NH NongHyup Bank announced on Aug. 11 that it held “Ring, Financial Golden Bell!,” …


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