POSCO Chairman Choi Jeong-woo. POSCO Chairman Choi Jeong-woo said this year’s management key acronym is “JUMP” to tide over the pending management environment in a wise fashion. Chairman Choi stressed POSCO’s ascent to the future of Corporate Korea and exemplary global citizen through “JUMP,” …

Roh Tae-moon, president of the Wireless Business Division at Samsung Electronics, introduces the Galaxy S20 Ultra at the Galaxy Unpack 2020 in San Francisco of the US on Jan. 11. Samsung Electronics finally unveiled its strategic Samsung Galaxy S20 series. According to the past naming rule, the Gala…

Hyundai Motor, Kia Motors and Hyundai Mobis, the major subsidiaries of Hyundai Motor Group, saw their combined sales top 200 million won last year for the first time. Hyundai Mobis posted 38.048.8 trillion won in sales, 2.359.3 trillion won in operating profit, and 2.294.3 trillion won in net profit…

LG Chem Vice Chairman Shin Hak-cheol. LG Chem saw operating profit dive in the wake of a rise in transient costs, caused by fires related to energy storage systems and the sagging petrochemical business, but the company chalked up the best-ever sales on the back of the growth of the EV battery busin…

AmorePacific Group surpassed 2 trillion won in overseas sales for the first time since its establishment. It owed the results of efforts made in exploring global markets, including not only Asia, but also North America.Despite the hard times caused by the effects of China’ steps against the deploym…

Shin Kyuk-ho, honorary chairman of Lotte Group.A funeral procession for the late Lotte Group founder and honorary Chairman Shin Kyuk-ho paid a symbolic farewell to the Lotte World Tower, the embodiment of Shin’s last dream during his life. A funeral for Shin, who passed away at the age of 99, took …

President Kim Gyo-hyun of Lotte Chemical.Lotte Chemical posted 15.123.5 trillion won in sales and 1.107.6 trillion won in operating profit on a consolidated financial statement last year, the company said on Feb. 7. The figures represent a 5.9 percent year-on-year drop and a 43.1 percent year-on-yea…

LS C&S Chairman Koo Cha-yup delivers a celebratory speech at the Vision 2030 Declaration Ceremony held at LS Tower in Anyang, Gyeonggi Province on Jan. 3. LS Cable & System (LS C&S) unveiled “2030 Vision” on Jan. 3, calling for the company to make concerted efforts to become a global c…

Chairman Park Jeong-won of Doosan Group looks at a turbine motor being produced at a plant of Doosan Heavy Industries and Construction. (Photo: Doosan Group)Doosan Corp., the holding company of Doosan Group, joined the “1 trillion won club” in operating profit for the third straight year.Doosan Co…