CEO Myung Hyung-sup of Daesang Corp. Chungjungwon of Daesang Co. is ready to introduce its “Whistling Cook” technique, which signals that food is finished cooking and is ready to eat, along with six new kinds of food to go with it.  The food company developed what it calls a new way of simp…

Chairman Park Yong-maan of Doosan Group. Doosan Group has been banking its future growth on the fuel battery and duty-free shop businesses, as the outlook for both the domestic and global economy is not too bright. While the economy has been on the slow side, the group has been taking on various re…

Chairman Koo Cha-yup of LS Cable & System (Photo:LS C&S) LS Cable & System said on Feb. 3 it signed a deal to supply HV harnesses for eco-friendly vehicles to Beijing Automotive Industry Holding Co. (BAIC).  The latest deal with state-run BAIC comes after LS C&S signed a simil…

Chairman Christopher Koo of LS Group.(Photo:LS Group) Chairman Christopher Koo of LS Group visited the Wuxi Industrial Complex in Wuxi, Jiangsu Province, China, along with key executives of the group’s affiliates, including LS Cable, LSIS and LS Emtron last May. The complex has been the group’s o…

Chairman Lee Jay-hyun of CJ Group. CJ Group in going overseas to find future growth engines, even though its top manager is absent from the group’s management while he awaits court sentencing.  The group has been engaged in M&As at home and abroad to ensure its future survival with the m…

Chairman Kim Seung-youn of Hanwha Group. Hanwha Business Group unveiled its 2016 business plan, which calls for 3.4 trillion won in investments and 65.7 trillion won in sales this year, up 9.1 percent over 2015. The 2016 business plan was finalized during a meeting of CEOs of the business group’s…

President Huh Soo-young of Lotte Chemcial Corp.(Photo:Lotte Chemcial) Lotte Chemical Corp. posted an operating profit of 1.611 trillion won in 2015, up 359.6 percent year-on-year with net profit rising to 990.7 billion won, up 589.6 percent YoY, the company said recently. Total sales reached 11.71…

LG U+ Vice Chairman Kwon Young-soo. LG U+, which has designated the Internet of Things (IoT) as a new growth engine, is stepping on the gas to explore new services in the IoT sector, penetrating people’s daily lives. With determination and concentration, LG U+ has a strategy to walk the walk in s…

Vice Chairman Park Jin-soo of LG Chem. LG Chem will make substantial investments in its R&D, expanding it from 600 billion won now to 900 billion won annually in 2018, and increasing the number of research staff by 1,000 in 2018, Vice Chairman Park Jin-soo said recently. The research activitie…