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KT&G President Baek Bok-in.
KT&G saw overseas revenue top 1 trillion won annually last year for the first time since its establishment.
KT&G said on Feb. 1 it chalked up a record 1,048 trillion won in overseas revenues in 2017, an 11.3 percent surge from 941.4 trillion won in 201…
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Lotte Group Chairman Shin Dong-bin. (Photo: Lotte Group)
Lotte Group Chairman Shin Dong-bin stressed the need for a digital transformation to cope with changes in technology, the environment and consumer demand. Chairman Shin made the remarks at the Value Creation Meeting for the 1st half of 2018 i…
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POSCO DAEWOO President Kim Young-sang unveils the company’s business performances for 2017 as well as mid- and long-term strategies and action plans at an IR session targeting institutional investors at the FKI Center in Yeouido, Seoul, on Jan. 26. (Photos: POSCO DAEWOO)POSCO DAEWOO President Kim d…
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Kolon Group Chairman Lee Woong-yeul pins on the jacket of a newly installed executive abadge, carrying the word “CAT,” deriving from the 2018 management tenet “CATCH” at a ceremony to kick off the 2018 business year at the Kolon Tower in Gwacheon City, south of Seoul, on Jan. 2.
Kolon Group has…
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SK Hynix’s fab line in Cheongju.A 72-layor DRAM produced by SK Hynix. (Photos: SK Hynix)
SK Hynix issued optimistic outlooks for the global semiconductor market for the year ahead: a 20 percent surge in DRAMs and a 40 percent jump in NAND flash memory demand.
SK Hynix is forecast to set aside mor…
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SK Telecom President Park Jung-ho. (Photos: SK Telecom)
SK Telecom chalked up revenue of 17.52 trillion won, operating income of 1.53 trillion won, and net income of 2.65 trillion won, based on Korean International Financial Reporting Standards (K-IFRS) in 2017.
Backed by a sales increase in the m…
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A crew operates a “smart drone management system” to monitor and manage a sea mustard farm in Songjeong-dong, Haeundae-gu, Busan, in a demonstration made by LG U+. (Photos: LG U+)
LG U+ has demonstrated a “smart drone management system” to monitor and manage a sea mustard farm in Songjeong-dong…
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POSCO Chairman Kwon Oh-joon poses with the staff with slab-making plant at Pohang Steelworks where he made an inspection tour on Jan. 2.POSCO Chairman Kwon waves POSCO’s flag celebrating the 50th anniversary at a ceremony to kick off the 2018 business year at the POSCO Center in Seoul on Jan. 2. (P…
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Samsung Electronics President Kim Ki-nam delivers his New Year’s address at a ceremony to kick off the 2018 business year at the Samsung Digital City in Suwon on Jan. 2.(Photo: Samsung Electronics)
Samsung Electronics posted 53.6 trillion won in operating profit last year, breaking the 50 trillion…
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Hyundai Motor Vice Chairman Chung Eui-sun and Aurora CEO Chris Urmson pose together beside the NEXO the Korean automaker unveiled at its booth at the CES 2018 in Las Vegas on Jan. 9. (Photo: Hyundai Motor)
Hyundai Motor Vice Chairman Chung Eui-sun, the son of Hyundai Motor Group Chairman Chung Mong…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group joined the trend of logging record-breaking first-quarter earnings, achieving its highest performance since its merger with Korea Exchange Bank (KEB) wi…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group logged an all-time high net profit of about 1.9 trillion won in the first quarter of this year, driven by improved outcomes in the non-banking sector. K…
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KODIT CEO Kang Seung-jun (fifth from the left) poses for a photo with participants in the NEST AI-Lab Launch Ceremony on May 8. (Photo: KODIT)Korea Credit Guarantee Fund (KODIT) announced on May 11 that it held a launch ceremony for NEST AI-Lab at NE…
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Shinhan Bank President Jung Sang-hyuk poses for a photo with officials of FTP Corp. in Hanoi,Vietnam. (Photo: Shinhan Bank)Shinhan Bank announced on April 27 that it signed business agreements with major local financial and industrial institutions by…
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