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Samsung Electronics chalked up 302.23 trillion won in sales last year, representing the best-ever annual business performance, renewing a record previously set in 2021. Samsung Electronics on Jan. 31 reported financial results for the fourth quarter and the fiscal year 2022.The company posted 7…
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Hyundai Motor Group, which achieved its best-ever business performance last year, is now poised to become a global top-three electrification company. Hyundai Motor and Kia Motors, setting greater sales goals for this year, is stepping on the gas to become a global top-tier. Hyundai Motor G…
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Lotte is opening Lotte Mall Hanoi in Tay Ho, the new city of Hanoi, in August. The shopping mall will have 23 floors with two basement floors and about 350,000 sq. meters in floor space. A bird’s-eye view of Lotte Mall Hanoi. (Photo: Lotte E&C)Lotte Group is stepping on the gas to create a “Ne…
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Chairman Koo Ja-eun of LS Group sticks a badge on the chest of one of the year 2023 freshmen employees at LS Future Institute in Anseong City, Gyeonggi-do, on Jan. 19. Chmn. Koo has been managing “LS Futurists” to achieve the “Vison 2030.” (Photos: LS)LS Group is accelerating efforts to explore …
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Hallyu (Korean Wave) afficionados fill the “bibigo Food Street,” opened by CJ Cheiljedang on the sideline of the KCOIN 2022 LA Festival held in Los Angeles last year. (Photo: CJ Cheiljedang)CJ Cheiljedang is accelerating efforts to expand the new K-food global market scope by actualizing the entry…
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President Lim Jung-bae of Daesang Corp. (Photos: Daesang)President Lim Jung-bae of Daesang Corp. said, “Now is the time when we have to change the way we do things on our own to overcome changes, and furthermore, take a lead.”In his New Year’s message, released on Jan. 2, President Lim said, “Ch…
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(from left, above row) President Lee Hoon-ki of Lotte Corp.’s ESG Management Innovation Office, Lotte Hotel President Lee Wan-shin and Vice Chairman Park Hyun-cheol of Lotte E&C. (from left, below row) Lotte Members President Kim Hae-joon, Lotte Confectionery President Lee Chang-yeop and L…
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Chairman Christopher Koo of the Korea International Trade Association delivers his New Year’s message at a ceremony to kick off the 2023 business year at Trade Tower in Samseong-dong, Seoul, on Jan. 2. Chairman Christopher Koo of the Korea International Trade Association called for taking a le…
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Chairman Chung Tae-soon of Korea Shipowners’ Association (KSA). (Photos: KSA)Chairman Chung Tae-soon of Korea Shipowners’ Association (KSA) said, “How the Korean shipping industry will brace for IMO’s greenhouse gas emission restrictions and the future digital shipping market will be a yardstick…
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Chairman Park Sung-hyo of the Small Enterprise and Market Service (SEMAS) gives his New Year’s message at a ceremony to kick off the 2023 business year on Jan. 2. (Photo: SEMAS)The Small Enterprise and Market Service (SEMAS), an institution responsible for supporting small businesses and merchants …
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(from left) Chmn. Koo Ja-kyun of LS ELECTRIC, President Kim Dong-cheol of Korea Electric Power Corp. (KEPCO) and President Koo Bon-gyu of LS Cable & System attend a ceremony to strike an MOU on building a data center superconductivity power gird …
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Chairman Park Jung-won of Doosan Group. (Photo: Doosan Group)Doosan Enerbility said on July 23 that it had obtained a type certification from Underwriters Laboratories (UL), the global leader in product safety testing and certification, for its 10MW …
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President Hwang Ju-ho of Korea Hydro & Nuclear Power (KHNP) (Photos: KHNP)Korea Hydro & Nuclear Power (KHNP) held the “Team Korea Project Promotion Strategy Meeting for the Czech New Nuclear Power Project” to implement the new nuclear power…
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Chairman Koo Ja-eun of LS Group. (Photos: LS Group)The “One Big Beautiful Bill Act (OBBBA)” which went into force after it was signed by U.S. President Donald Trump, has made Korean companies stand on the guard due to curtailment and early terminat…
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