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Lee Ung-sang, head of SK Telecom’s Global Business Division, shakes hands with Telkom Indonesia CISO Indra Utoyo after signing an MOU on IoT at the latter’s company in Jakarta on May 12. (Photo:SK Telecom) True to the theme “Play the Platform,” SK Telecom introduced diverse platform services at…
Chairman Koo Bon-moo of LG Group. Chairman Koo Bon-moo of LG Group said the group has to boost its profit-making structure to cope with changes in the market, noting that they can no longer wait on the sidelines. The chairman made the announcement after CEOs discussed the global strategy of the gr…
A photo of World Cones, an ice cream cone, which has long been the top-selling ice cream cone in Korea for many years put out by Lotte Confectionary and celebrated the 30th anniversary of its introduction in the market in March 1986.(Photo:Lotte Confectionary) Lotte Confectionary’s World Cone, an …
President Koo Ja-eun of LS Cable and System. The share price of LS Co. shot up by 20.8 percent thanks to excellent performances of its affiliates brought about by their well-conducted restructuring on a timely basis. The LS Group affiliate’s share price fell as low as 30,000 won per share last Au…
Hanmi Pharm President & CEO Lee Gwan-sun (Photo:Hanmi Pharm) Hanmi Pharm was at the center of the Korea pharmaceutical and bio industry last year. Starting with a license-out agreement with the global pharmaceutical company Eli Lilly in March, Hanmi Pharm signed deals with Boehringer Ingelheim,…
LG U+ Vice Chairman Kwon Young-soo  A housewife, whose name is Lee Chae-yeon, has installed the “IoT DoorCam,” and the “IoT DoorLock” at the entrance of her house recently. She can confirm the identity of any visitor via her smartphone outside or make a video call with the visitor.&nb…
Vice Chairman Chung Chul-khil of SK Innovation.(Photos:SK Innovation) SK Innovation is planning to increase production capacity by 50 percent for LiBS (Lithium Battery Separator), which is a major component of secondary batteries. Based on a yearly output, SK Innovation plans to increase productio…
Hyundai Motor Vice Chairman Chung Eui-sun shakes hands with CEO Chuck Robbins of Cisco after Hyundai Motor and Cisco Systems Inc. agreed to jointly develop connected car technologies at the Hyundai Motor building in Yanjae-dong, Seoul, on May 19. (Photos: Hyundai Motor Group) Hyundai Motor will joi…
Chairman Kwon Oh-joon of POSCO. (Photo:POSCO) POSCO Humans, a company set up by the steel giant POSCO, has been working on not only expanding job opportunities for the people from poor families, but maintaining their jobs as well.  The company was launched after the merger of PosWith, an affi…
Samsung Electronics Vice Chairman Lee Jay-yong (Photo:Samsung Electronics) Two years have passed since Samsung Group Chairman Lee Kun-hee left his role in management following a stroke he suffered on May 10, 2014. Samsung Electronics Vice Chairman Lee Jay-yong, heir-apparent and the sole son of Cha…
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Economy/Finance
Mirae Asset Securities Vice Chmn. Kim Mi-seob and Heo Sun-ho. (Photo: Mirae Asset Group)Mirae Asset Securities announced on Aug. 12 that it racked up a consolidated net profit of 1,905.2 billion won in the second quarter of this year, becoming the fi…
Chairman Ham Young-joo of Hana Financial Group. (Photos: Hana Financial Group)Hana Financial Group announced on Aug. 25 that it has opened the Gwangju Seo-gu AI & Digital Job Center in Seo-gu, Jeonnam Gwangju Special City to support the enhanceme…
President & CEO Park Chang-hoon of Shinhan Card. (Photos: Shinhan Card)Shinhan Card has launched the Kakao Bank Chakbut Shinhan Card, a private label credit card (PLCC) featuring trendy, lifestyle-oriented benefits, in collaboration with Kakao Ba…
Chairman Lee Jae-keun of KB Financial Group. (Photos: KB Financial Group)KB Financial Group operated the Global Demo Day Program in Singapore for two days from Aug. 26 to 27 in collaboration with the KOSME’s K-Startup Center Singapore to support Kor…


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