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LG Uplus Vice Chairman Ha Hyun-hoe (Photo: LG Uplus)LG Uplus took a step to signal the reshaping of the Korean pay TV broadcasting market. The nation’s No. 3 telecom service provider said on Feb. 14 the company will acquire a 50 percent stake plus one share in the cable TV operator CJ Hello, owned …
Samsung SDS President Hong Won-pyo. (Photo: Samsung SDS)Samsung SDS, a system integration unit of Samsung Group, last year became the first Korean IT service company to post more than 10 trillion won in annual sales. On the back of rising revenues in IT services such as AI and smart factories, Samsu…
Dong-A Pharmaceutical President Choi Ho-jin shakes hands with Minhwahyeop Chairman Kim Hong-geol after signing an MOU on the pharmaceutical company’s program for inter-Korea college students’ march across the Korean Peninsula at the Minwhahyeop Office in Mapo-gu, Seoul, on Jan. 22. (Photo: Dong-A …
Hyundai Mobis devleoped a power generation system using a hydrogen fuel cell module to provide electricity at its fuel cell electric car parts plant in Chungju, Chungcheongbuk-do. Hyundai Mobis showcased a power generation system using a hydrogen fuel cell module to provide electricity at its fuel c…
Vice Chairman Kim Yong-hwan of Hyundai Steel Co. (Photos: Hyundai Steel)Hyundai Steel has been providing a wide range of social services in a number of countries in Asia under its vision entitled, “A 100 Years of Changes and Miracles Painted Together.” The countries included China, the Philippines…
POSCO Chairman Choi Jeong-woo. (Photo: POSCO) POSCO CHEMTECH, POSCO Group’s subsidiary specializing in anode materials for secondary batteries, will change its name to POSCO Chemical when shareholders meet in March. The name change may be construed as POSCO Group’s intention to shore up its positi…
President Koo Ja-kyun of LSIS Co. (Photo: LSIS)LSIS Co. posted the largest annual sales of 2.485 trillion won and operating profit amounting to 2.051 trillion won in 2018, up 6 percent and 29.4 percent YoY respectively, thanks to the thriving electric and automatic device sectors with boosts in the …
OCI President Lee Woo-hyun (Photos: OCI)OCI, a Korean photovoltaic power material maker, is venturing into the global anti-cancer market. The move may be construed as part of OCI President Lee Woo-hyun’s “100 year plan” by diversifying its business portfolio to bio, in addition to the conventiona…
Prime Minister Lee Nak-yon, in front seat, and Exec. Vice Chairman Chung Ui-sun of Hyundai Motor Group share a ride in the Nexo, a hydrogen-powered new SUV produced by Hyundai Motor on the way to the Namyang Research Center in Namyang, Gyeonggi Province, Jan. 30. (Photo: Hyundai Motor)Prime Minister…
LSIS Chairman Koo Ja-kyun and his wife cut a cake together with a staffer who has been promoted to manage and his wife at a dinner held at the Grand InterContinental Hotel in Samseong-dong, Seoul, on Jan. 22. (Photo: LSIS)LSIS Chairman Koo Ja-kyun took time to have dinner with about 320 staffers and…
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Economy/Finance
23일 동대문디자인플라자에서 열린 '코리아 핀테크 위크 2019' 개막식 참석자들이 기념사진을 찍고 있다.한국금융투자협회(회장 권용원)와 한국핀테크지원센터(센터장 정유신)는 ‘자본시장과 핀테크 세미나 : 로보어드바이저, AI'를 주제로 한 세미나를 5월24일(목) 오…
Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Financial Group plunged is looking to acquire Tongyang Asset Management and ABL Global Asset Management, the former Alliance Asset Management, in its first M&A move since it beca…
Chairman Cho Yong-byoung of Shinhan Financial Group.Shinhan Financial Group launched Shinhan AI, an artificial intelligence (AI)-based investment consulting company, the group said Feb. 18.The financial group set up an AI-specialized company as a sub…
President Jung Il-moon of Korea Investment Securities Co.Korea Investment Securities Co. is ready to take a crack at boosting its global operations and compete with global investment banks now that its global operations in Asia are on a solid foundat…


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