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A view of the Lotte World Tower, Korea’s highest landmark skyscraper. (Photo: Lotte Group)Lotte Group is trying to realize the values of shared growth under the catchphrase “Make Tomorrow Beneficial” by Supporting Its Cooperative SMEs. The business group is offering multi-facetted support, r…
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CJ Group Chairman Lee Jay-hyun holds a “Group CEO Meeting” in which he reviewed the direction of the mid- and long-term strategies and implementation plan for the next three years at the CJ Human Resources Center in Jung-gu, Seoul on Oct. 27. (Photo: CJ Group)CJ Cheiljedang conducted a reorganizat…
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LG Energy Solution (LGES) announced on Oct. 26 that the company posted 7,648.2 billion won in sales and 521.9 billion won in operating profit in the third quarter of this year.LG Energy Solution logged the best-ever quarterly sales — an 89.9 year-on-year jump over 4,027.4 billion won the same …
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Samsung SDS announced on Oct. 27 that it recorded revenue of 4.1981 trillion won and operating profit of 185 billion won in the third-quarter of 2022. Compared to the same quarter last year, the revenue increased by 24.2% while operating profit decreased by 16.7%.In the IT Services, the cloud b…
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Korea Toray Science Foundation held the 5th Korea Toray Science and Technology Award and Research Fund Support Awards at the FKI Conference Center in Yeouido on Oct. 25. Chairman Lee Young-kwan of Korea Toray Science Foundation and prize winners pose at the 5th Korea Toray Science and Technology Awa…
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President Choi Joo-sun of Samsung Display. (Photos: Samsung Display)Samsung Display President Choi Joo-sun said, “Samsung Display will retain the global No. 1 position down the road and grow into a company in which staffers lead growth and talented people want to work together.In an in-house broadc…
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Sindoh has rolled out the “N800 Series,” a high-performance, A3, black, multi-functional new product designed to raise work efficiency in a complex business environment. (Photos: Sindoh)Sindoh, a Korean company specializing in 2D & 3D printers, has released the “N800 Series,” a high-performa…
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President Cho Sung-hwan of Hyundai Mobis. (Photos: Hyundai Mobis)President Cho Sung-hwan of Hyundai Mobis was elected to head the International Organization for Standardization (ISO), an international body setting general rules of global commerce and trade. The Ministry of Trade, Industry and E…
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Chairman Kim Ki-moon of Korea Federation of SMEs (KBIZ). (Photo: KBIZ)The Korea Federation of SMEs (KBIZ), established in 1962, marked its 60th anniversary this year. Sixty years ago, Korea was a nation earning $82 in national income per person, making it poorer than most African countries. Mot…
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A nocturnal sky of Seoul is embroidered with fireworks at the 2022 Seoul International Fireworks Festival, hosted by Hanwha for the first time in three years due to the spread of the COVID pandemic on Oct. 8.Chairman Kim Seung-youn of Hanwha Group. (Photos: Hanwha Group)Hanwha Business Group marked …
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President Kwon Myung-ho of Korea East-West Power (EWP) makes an inspection tour of power complexes to ensure the stable supply of electricity amid a frigid weather during the winter power supply countermeasure period until Feb. 21, 2025. (Photo: EWP)…
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Ex-President Joo Young-min of HD Hyundai Oil Bank shakes hands with Yasuhiro Suzuki, CEO of Cosmo Oil as they participated in a ceremony on a share purchase agreement related to HD Hyundai Oil Bank’s acquisition of HD Hyundai Cosmo Oil at Lotte Hote…
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CEO Cha Dong-hyung of Korea Petroleum Quality and Distribution Authority. (Photos: K-Petro)The Korea Petroleum Quality & Distribution Authority (K-Petro) is participating in the transportation distribution market management after being designated…
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President Huh Se-hong of GS Caltex. (Photos: GS Caltex)GS Caltex has celebrated the 57th anniversary this year. The company, a trailblazer in Korea’s energy sector since 1967, is pushing the boundaries of innovation with its comprehensive digit…
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