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A model explains the content being transmitted during a session of test-operating a 5G network at the so-called 5G Bus. (Photo: KT)KT Chairman Hwang Chang-gyu. "A 5G intelligent network will serve as a main artery of the 4th industrial Revolution, and 5G will dramatically transform the convent…
President Akihiro Nikkaku, left, of Toray Industries Inc. in Japan, and Chairman Lee Young-gwan of Korea Toray Group announce 1 trillion won to be invested in Toray’s plants in Korea by 2020 at a media briefing held on Oct. 19 at Seoul Plaza Hotel in downtown Seoul. Toray Advanced Materials Korea …
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…
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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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