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Choi Joo-shik, head of LG U+ FC Business Division, and Don Anderson. head of kids and learning partnerships at YouTube, participate in an event to celebrate the release of YouTube Kids service at the LG U+ headquarters in Yongsan, Seoul. (Photos: LG U+)LG U+ has teamed up with Google to offer the Yo…
SK Innovation will begin to mass produce an EV battery capable of running 450 km per charge for the first time in the world. The mileage of the upcoming battery is more than 100 km better than the EV batteries that have been developed so far. The reason is that SK Innovation has succeeded in enhan…
A graph showing how Bi-directional chargers for plug-in vehicles work.(Photo: Hyundai Mobis) Hyundai Mobis has developed an on-board, bi-directional charger for plug-in vehicles. The bi-directional onboard charger (OBC) allows the vehicle to supply electricity in its battery to the grid. The power…
Hyundai Mobis’s test-driving ground for self-driving cars debuted recently at a lot covering 1.12 million sq. meters in the Bio Well-being Special Zone in Buseok-myeon, Seosan City, Chungcheongnam-do. The car testing ground boasts 14 test tacks, including ones tailored for the research of self-d…
Late founder Woo Sang-ki of Sindoricoh Co. steadily upheld the motto of the Kaesong merchants; “No debts, and one well,” throughout his adult life in the running of his businesses. In line with the founder’s motto, the company never borrowed money when it didn’t need to helping the company mak…
GS Group Chairman Huh Chang-soo stressed the need for an organizational overhaul to cope with uncertainties and changes in a nimble fashion. Chairman Huh made the remarks at the 2017 GS Top Managers’ Strategic Meeting that took place at the Elysian Resort in Gangchon, Gyeonggi-do, from Aug. 25 to…
KT has announced a group-wide plan to allow SMEs and venture companies to help in the nurturing of five platforms the telecom provider will implement. The plan, announced on July 27, may be construed as KT’s determination to collaborate with SMEs and venture companies in the realization of its n…
Aju Group celebrated its 57th anniversary on Sept. 4 in a ceremony at its head office in Seocho District, southern Seoul, determining to expand its corporate culture, which is known for its horizontal and creative features. The Storytelling Conference was held to jointly hold some of the reform sa…
 A variety of cuts from Hallyu Concert held at LA Staples Center Aug. 18-20 and the Prudential Center in New York June 23-24  this year attracting some 85,000 fans.(Photos: CJ) "Korean entertainers look very beautiful when they put on makeup. I will teach you the secrets of K-Beauty makeu…
LG Display is concentrating on investments into OLED (organic light-emitting diode) display production.  The company had a regular board of directors’ meeting on July 26 in which it gave a go-ahead to investing 15 trillion won by 2020 - 5 trillion won to produece OLED (10.5 generation) disp…
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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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