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A model shows off Samsung SDI’s next generation battery at an event. (Photo: Samsung SDI) Samsung SDI will start supplying electric vehicle batteries for China’s automaker, JAC Motors. On Nov. 20, JAC unveiled its new electric SUV iEV6S at 2015 Guangzhou International Auto Parts & Accessories…
Samsung SDS is hitting the accelerator on capabilities including R&D, investments and alliances with global companies to strengthen its business presence on the global stage.  The company now supplies such solutions as “Brightics” a data analysis solution, “Insator” an IoT platform a…
A research team of the Electronics and Telecommunications Research Institute (ETRI) is all smiles as it reveled the successful development of “Aldebaran” a high-performance GHz-class processor that integrates and performs functions for self-driving cars with electricity use of less than 1 watt. (P…
POSCO Chairman Kwon Oh-joon (Photo: POSCO) POSCO saw its quarterly operating profit surpass 1 trillion won for the first time in four years. The Korean steel-making giant released an electronic filing on Oct. 26, announcing consolidated financial statements for the third quarter of this year in whi…
Samsung Electronics Vice Chairman Lee Jay-yong. (Photos: Samsung Electronics) Samsung Electronics is now in high gear to restructure its business portfolio through M&As. The Korean tech giant’s business portfolio structure on conventional finished product businesses like TVs and smartphones is…
Dong-A Pharmaceutical has released “Gum Guard Gaglin,” an antiseptics mouth wash product.  (Photo: Dong-A Pharmaceutical)Dong-A Pharmaceutical has stressed the need to prevent tooth diseases, particularly when it comes to the protection of gums, which is considered essential in ensuring the …
President Kwon Young-soo of LGU+.(Photos: LGU+) LG U+ Corp., South Korea's third-largest mobile carrier, said Oct. 31 that its net profit for the third quarter jumped 22.8 percent from a year earlier, helped by a hefty increase in mobile phone subscribers. LG U+ reported an operating profit of 211.…
Chairman Shin Dong-bin of Lotte Group announces the group’s plan to invest 40 trillion won in existing and new businesses in the next five years at Lotte Hotel in downtown Seoul on Oct. 25. (Photo: Lotte Group)Chairman Shin Dong-bin of Lotte Group apologized to the nation for the group’s various …
Miwon, meaning “The Spring of Tastes” in Korean, has been synonymous with the nation’s seasoning industry for several decades as a necessity in restaurants. No wonder many people know Miwon, but not many know the name Lim Dae-hong. Sixty years have passed after Miwon made its debut. It was a co…
Samsung Electronics Vice Chairman Lee Jay-yong tries out a device produced by the Korean electronics maker before the visiting Dutch Prime Minister Mark Rutte at Samsung Electronics’ building in Seochodong, Seoul, on Sept. 27. (Photo: Samsung Electronics) Samsung Electronics Vice Chairman Lee Jay-…
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Policy/Politics
Presidential hopefuls include (from left) Moon Jae-in, Ahn Hee-jung, and Lee Jae-myung, the three on the tick of the Democratic Party of Korea (DPK) as well as Ahn Cheol-soo of the People’s Party,  Yoo Sung-min of the Barun Party, and Hong Joon…
The Korea Institute for Advancement of Technology (KIAT) hosts a forum on startups’ future innovation.  The Korea Institute for Advancement of Technology (KIAT) hosted a session at the Daegu Venture Center of the Daegu Technopark on March 8 to…
Second Vice Minister Woo Tae-hee of the Ministry of Trade, Industry and Energy (MOTIE) speaks at the inaugural session of the Nuclear Power Export Consultative Committee at the Seoul Palace Hotel on Feb. 3. (Photo: MOTIE) The government has joined f…
Minister Kang Ho-in of the Ministry of Land, Infrastructure and Transport (MOLIT). The Ministry of Land, Infrastructure and Transport (MOLIT) plans to pour 470 billion won into research and development to foster new industry businesses and brace for…


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