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Samsung Electronics Vice Chairman Lee Jay-yong.Samsung Electronics’ semiconductor business posted the highest-ever ratio of operating profit to sales of more than 60 percent for the 1st quarter of this year, leading the company to its best-ever business performance. As demand for DRAMs and NAND Fla…
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Chairman Lee Jay-hyun of CJ GroupChairman Lee Jay-hyun’s vision to make CJ Group the “World Best CJ” was given a shot in the arm with CJ Cheiljedang ending 2017 by recording annual sales topping 2 trillion won.The company got help from the sales of its green bio products, including lysine, trypto…
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Chairman Lee Jay-hyun of CJ Group. (Photo: CJ Group)CJ Group has been stepping up its moves to conclude more M&As after declaring its “Great CJ Vision,” targeting 100 trillion won in annual sales by 2020. The group will target North America, China and Southeast Asia to take over firms to boost…
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AmorePacific Chairman Suh Kyung-bae.AmorePacific opened an art museum at its new headquarters building in Yongsan, Seoul, on May 3. The opening of the AmorePacific Museum of Art takes on significance to AmorePacific Chairman Suh Kyung-bae, who had once dreamed of becoming an art critic.Chairman Suh …
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Toray Advanced Materials Korea (TAK) Chairman Lee Young-kwan attends a meeting on the development of Saemangeum in which the Ministry of Land, Infrastructure and Transport (MOLIT) presided over at the Saemangeum Public Relations Center on March 16. (Photo: MOLIT)Toray Advanced Materials Korea (TAK) …
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KGC officials explain CheongKwanJang Plus and other products to buyers visiting KGC’s booth at in the 2018 TFWA World Exhibition & Conference that took place in Singapore from May 6 to May 10. The Korea Ginseng Corp. (KGC) participated in the 2018 TFWA World Exhibition & Conference that too…
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Hyundai Mobis test-operates its own radar technology, whose development is to be finished soon. (Photo: Hyundai Mobis)Hyundai Mobis, completing its own development of radar technology this year, is accelerating efforts to secure core technologies for self-driving cars, company officials said. The co…
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Vice Chairman Park Jin-soo of LChem.LG Chem will invest 240 billion won to establish a joint venture with the world’s No. 1 cobalt refinery. The move is designed to secure a stable supply of cobalt as one of key raw materials for producing EV batteries. Cobalt prices have surged. LG Chem said on Ap…
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A view of Kumho Petrochemical’s second energy plant in Yeosu.Kumho Petrochemical shares have shown signs of rising on the back of the company’s better-than-expected 1st quarter business performance. Kumho Petrochemical shares closed at 109,000 won on May 3, up 500 won or 0.64 percent center over t…
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A lot of visitors look at smart energy solutions on display at LSIS’s pavilion at an exhibition fair at Hannover Messe, Germany, on April 24. (Photo: LSIS)Despite the strong won, LSIS chalked up its largest-ever 1st quarter operating profit on the back of even growth in all business areas. LSIS log…
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President Kang Kyung-sung of Korea Trade-Investment Promotion Agency (KOTRA) emphasizes the need for Korea to make an inroad into South America, Africa and Southeast Asian countries at a meeting with reporters celebrating his 100 days in office on Fe…
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President Son Tae-rak of Korea Real Estate Board (REB). (Photos: REB)Korea Real Estate Board (REB) said it was designated as a “Public Architecture Support Center” by the Ministry of Land, Infrastructure and Transport (MOLIT) on March 7. The P…
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IIAC President Lee Hag-jae of Incheon International Airport Corp. (IIAC), CEOs of IIAC’s subsidiaries, Incheon Airport police and Seoul Regional Aviation Administration and customs authority officials attend a ceremony to establish Incheon Airport’…
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President Eo Myeong-so of LX Corp. speaks at a lecture at the “2025 Managers’ Workshop” at LX Educational Center on Jan. 22. (Photos: LX)President Eo Myeong-so of LX Corp. held the “2025 Managers’ Workshop” at LX Educational Center on Jan. 22 w…
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