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Hyundai Mobis President Lim Young-deuk. Hyundai Mobis has secured the Highway Driving Assist HDA2, which is capable of changing lanes on highways and entering/exiting intersections. The automotive parts maker plans to commercialize the technology by 2019.  Hyundai Mobis aims to develop HDA3 t…
POSCO Chairman Kwon Oh-joon. (Photo: POSCO) POSCO Chairman Kwon Oh-joon disclosed his plan to nearly double POSCO’s operating profit in a consolidated financial statement to up to 5 trillion won during his three-year term. POSCO chalked up 2.8443 trillion won in operating profit last year. His pla…
SK Group Chairman Chey Tae-won looks at a semiconductor item at SK Hynix’s plant in Chongqing, China. (Photo: SK Group) SK, marking its 64th anniversary on April 8, is no longer a company dependent primarily on domestic demand, but an exporter company. SK Group posted $52.4 billion in group-wide e…
LG executives, including LG Group Chairman Koo Bon-moo, Vice Chairman Koo Bon-joon, LG Chem Vice Chairman Park Jin-soo, LG U+ Vice Chairman Kwon Young-soo, and LG Display Vice Chairman Han Sang-beom, participate in an event to celebrate the 70th anniversary at LG Tower in Yeouido, Seoul.  (Pho…
Lotte Group Chairman Shin Dong-bin delivers his speech at a ceremony to celebrated the 50th anniversary of the gorup’s founding at the Lotte Hotel World in Songpa-gu, Seoul, on April 3. (Photo: Lotte Group) At a ceremony to mark the 50th anniversary of Lotte Group’s founding at the Lotte Hotel Wo…
CJ Group Chairman Lee Jay-hyun.  CJ Group, armed with unconventional, innovative technology and services, is accelerating its efforts to dominate foreign markets.  The group aims to make a “great leap forward” by 2020 to become a global life and culture company under the vision “Great…
LSIS Chairman Koo Ja-kyun. (Photos: LSIS) Independent microgrids are the best alternative to cope with the explosive growth of electricity demand, and LSIS is going to take the lead in the global market by developing business models tailored to meet regional needs, LSIS Chairman Koo Ja-kyun said. C…
LG Chem Vice Chairman Park Jin-soo. (Photo: LG Chem)LG Chem plans to invest 1 trillion won in R&D outlays this year. LG Chem Vice Chairman Park Jin-soo revealed his plan in a meeting with reporters at LG Technology Research Institute in Daejeon on March 31.“R&D outlays will increase 10 perc…
POSCO Chairman Kwon Oh-joon welcomes shareholders prior to an shareholder's meeting at the POSCO Center in Seoul on March 10 in which he was officially reelected for his second term.(Photo: POSCO) POSCO Chairman Kwon Oh-joon, after being reelected for a second term, unveiled an ambitious plan to em…
KT Chairman Hwang Chang-gyu delivers a key-note speech at the Mobile World Congress (MWC) 2017 in Barcelona, Spain, on Feb. 27. (Photo: KT) KT Chairman Hwang Chang-gyu said KT will commercialize G5 network technology for the first time in the world in the next two years. Chairman Hwang made the rem…
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Economy/Finance
President Lee Kwang-goo of Woori Bank.(Photos: Woori Bank)Woori Bank clinched the right to be the main bank for the National Pension Service (NPS) with 600 billion won in funds for the next five years with the pension service announcing the bank wi…
President-designate Hur Yin of Kookmin Bank. Hur Yin, president-designate of KB Kookmin Bank, said customers will be at the center of the bank’s operation when he takes over the top management of the bank.  Shareholders are slated to approve …
President Wi Sung-ho of Shinhan Bank, holds a trophy with Chairman Lim Ju-hyun of the first-class graduates of Shinhan Do Dream Soho Academy. (Photo: Shinhan Bank) Led by President Wi Sung-ho, on Sept. 26 Shinhan Bank unveiled a mammoth “Shinhan Do…
IBK Head Office building. (Photo: IBK)The Industrial Bank of Korea is out to support its SME clients go through restructuring with diverse financial means. Its slogan, “Finance right and we can succeed together,” was set up following its Companion …


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