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Samsung SDS President Hong Won-pyo reveals his company’s plan at the “Real 2019” the company hosted at Shilla Hotel in Seoul on May 8. (Photo: Samsung SDS)Samsung SDS is strengthening projects to help companies pursue digital transformation. The company plans to open a “digital transformation fr…
Dongwon Group founder Kim Jae-chul who retired from his chairmanship. (Photos: Dongwon Group)Dongwon Group founder Kim Jae-chul retired from his chairmanship role after successfully catapulting his small fisheries company into a business group posting some 7 trillion won in annual sales. His retirem…
Chairman Cho Hyun-joon of Hyosung Group, left, meets with Gov. Yuan Jiajun of Zhejiang Province in China on Aug. 25 at the group’s Banpo head office in Seoul to discuss what the group can do for the Chinese province in terms of cooperation. (Photos:Hyosung Group)Hyosung Heavy Industries Corporation…
Park Jung Ho, CEO of SK Telecom (left), shakes hands with Satya Nadella, CEO of Microsoft after they signed an MOU on May 7 for comprehensive cooperation in leading-edge ICT, including 5G, artificial intelligence (AI) and cloud. SK Telecom and Microsoft Corp. signed a memorandum of understanding (MO…
Hankook Tire Group, has changed the name of its holding company and six major subsidiaries to an integrated branding system under Hankook, the company announced May 8.Holding group Hankook Tire Worldwide has changed its name to Hankook Technology Group, while its flagship company Hankook Tire change…
President Park Chung-kook of Hyundai Mobis.Hyundai Mobis said March 5 that it has started incorporating artificial-intelligence (AI) technology into its manufacturing and supply operations to improve product quality and efficiency.The auto parts maker said it developed an algorithm to detect product…
  CJ Group Chairman Lee Jay-hyun. / Lee Sun-ho, a general manager of CJ Cheiljedang. / CJ ENM Vice President Lee Kyung-hoo.CJ Group will spin off the IT business out of CJ Olive Networks and hand it over to CJ Corp., the holding company of the group. In the upcoming process, Lee Sun-ho, a …
President Yang Chang-soo of COSMOCOS and Claudia Murillo, director of Farmacia de Ahorror, pose after they participated in a ceremony to open its first outlet at the drugstore Farmacia de Ahorror in Monterrey, Mexico, on May 6. (Photo: COSMOCOS)COSMOCOS, a cosmetics company affiliated with KT&G,…
LG Uplus Vice Chairman Ha Hyun-hoe.LG Uplus crew members are building a 5G telecom network line in Gyengpo, Gangwon-do. LG Uplus came up with a plan to build 80,000 base stations around the nation to stabilize 5G mobile telecom services by the end of this year.The telecom service provider plans to h…
POSCO Chairman Choi Jeong-woo.Under the stewardship of Chairman Choi Jeong-woo, who took office as ninth chairman, POSCO has come up with the new vision “With POSCO” to ready itself with the new values that are needed to comply with demands of modern times and seek new pathways toward a centennial…
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Economy/Finance
President Lee Hwan-joo of KB Kookmin Bank. (Photos: KB Kookmin Bank)KB Kookmin Bank announced on Sept. 29 that it signed a strategic memorandum of understanding with the Bank of New York Mellon Corporation (BNY) to bring innovation to cross-border di…
KEXIM CEO Hwang Ki-yeon poses for a photo with Lee Nam-woo, vice chairman of the KDIA at KDIA Headquarters on Oct. 6. (Photo: KEXIM)The Export-Import Bank of Korea (KEXIM) announced on Oct. 7 that it had signed a memorandum of understanding with the …
President Lee Ho-sung of Hana Bank. (Photos: Hana Bank)Hana Bank announced the relaunch of Daldal Hana Company, a salary account membership service that offers various monthly benefits to customers who receive their salary in their Hana Bank accounts…
Chairman Lee Jae-keun of KB Financial Group. (Photos: KB Financial Group)On Sept. 10, KB Financial Group held the KB Innovation HUB - IR Day at the Fairmont Ambassador Seoul hotel in Yeouido to support investment attraction for innovative Korean star…


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