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Samsung Electronics President Kim Ki-nam in semiconductor business. Korean semiconductor companies are shifting their attention to sensors, away from their traditional stronghold in the memory sector. Securing technological prowess in the new area could lead to a new growth engine in such diverse a…
HHI Vice Chairman Kwon Oh-gap. (Photo: HHI)Hyundai Heavy Industries (HHI) and two of its shipbuilding sister companies are showing signs of a business rebound thanks to HHI’s restructuring. Securities and shipbuilding industries have also cautiously reported that the global shipbuilding industry is…
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…
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Economy/Finance
Chairman Yoon Jong-kyoo of KB Financial Group.(Photo: KFG) KB Financial Group continued to make a record profit joining rival financial groups to have the best first half in recent years thanks for boosts in interest income and non-banking earnings …
Chairman Kim Jung-tai of Hana Financial Group, 4th L, joins recently the officers and staff of KEB Hana Bank to make kimchi for the needy families in Seoul. President Ham Young-joo of KEB Hana Bank is seen 2nd R. (Photo: Hana Financial Group) Chairm…
Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Shinhan Financial Group said its third quarter profit came to  817.3 billion won, up 25.1 percent YoY, which is over the third quarter profit average in the securities industry pro…
Chairman Jung Ji-won of the Korea Exchange delivers his inaugural speech at a ceremony on Nov. 3 at the Korea Exchange in Busan. (Photo: Korea Exchange) Jung Ji-won, chief executive officer of Korea Securities Finance Corp., was inaugurated on …


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