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LG Chem CEO Shin Hak-cheol shakes hands with GM Chairman & CEO Mary Barra after they signed a deal to eatblish Ultium Cells LLC, a joint venture, In December 2019. (Photo: LG Chem)LG Chem and General Motors Co. announced a binding agreement for the supply of Cathode Active Materials (CAM) from L…
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Vice Chairperson Miky Lee of CJ ENM. (Photo: CJ Group)Vice Chairperson Miky Lee of CJ ENM, won the 2022 International Emmy Directorate Award, hosted by the International Academy of Television Arts & Sciences (IATAS). She has been recognized for aggressively globalizing Korean pop culture an…
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Hyundai Mobis has developed an air sterilization system which utilizes ultraviolet rays and an air duct technology. (Photos: Hyundai Mobis)Hyundai Mobis has introduced a new concept built-in sterilization system for the inside of automobiles. Hyundai Mobis has developed an air duct employing a …
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LG Uplus will set up its first sole pavilion to display major platform services at the Mobile World Congress (MWC) 2023, to be held in Barcelona, Spain, from Feb. 23 to March 2, 2023. A view of Barcelona Granvia Fira. Exhibition Hall at MWC 2022. (Photos: LG Uplus) LG Uplus will set up its firs…
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Amorepacific’s main inner beauty brand VITAL BEAUTIE has launched a health functional food for sleep improvement fermented Good GABA 365, using “L-glutamic acid fermented GABA powder.” (Photo: Amorepacific)Amorepacific announced on July 11 that its “L-glutamic acid fermented GABA powder,” devel…
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Chairman Cho Won-tae of Korean Air. (Photos: Korean Air)Concerns are rising over a long delay in the merger between Korean Air and Asiana Airlines. In particular, experts have pointed out that the biggest problem is the delay in review by fair trade authorities in overseas countries. Revie…
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An image of “Amazing Oat,” an alternative to milk or breakfast, released by Maeil Dairies. (Photos: Maeil Dairies)Maeil Dairies has put on the market “Amazing Oat,” an alternative to milk or breakfast. Amazing Oat is made with oats produced in Finland. The European country is optimal for gr…
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Deputy Prime Minister-MOEF Minister Chu Kyung-ho delivers a lecture on the direction of the new government’s economic policies at the Jeju Forum on July 13. (Photo: MOEF)Korea Chamber of Commerce and Industry (KCCI) recently opened the Jeju Forum, ending the event’s three-year hiatus caused by the…
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Chairman Christopher Koo of Korea International Trade Association (KITA). (Photos: KITA)Chairman Christopher Koo of Korea International Trade Association (KITA) is heading an economic delegation to the United States to ramp up economic security in the private sector. Korean companies, designate…
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Samsung Electronics researchers display expanded replicas of a 3 nanometer chip in celebration of mass producing it. (Photos: Samsung Electronics)Samsung Electronics has become the world’s first company to mass produce 3 nanometer foundry chips. Global semiconductor producers have so far employed t…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won projec…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagno…
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