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Business/Company
Samsung SDS announced on Oct. 27 that it recorded revenue of 4.1981 trillion won and operating profit of 185 billion won in the third-quarter of 2022. Compared to the same quarter last year, the revenue increased by 24.2% while operating profit decreased by 16.7%.In the IT Services, the cloud b¡¦
Korea Toray Science Foundation held the 5th Korea Toray Science and Technology Award and Research Fund Support Awards at the FKI Conference Center in Yeouido on Oct. 25. Chairman Lee Young-kwan of Korea Toray Science Foundation and prize winners pose at the 5th Korea Toray Science and Technology Awa¡¦
President Choi Joo-sun of Samsung Display. (Photos: Samsung Display)Samsung Display President Choi Joo-sun said, ¡°Samsung Display will retain the global No. 1 position down the road and grow into a company in which staffers lead growth and talented people want to work together.In an in-house broadc¡¦
Sindoh has rolled out the ¡°N800 Series,¡± a high-performance, A3, black, multi-functional new product designed to raise work efficiency in a complex business environment. (Photos: Sindoh)Sindoh, a Korean company specializing in 2D & 3D printers, has released the ¡°N800 Series,¡± a high-performa¡¦
President Cho Sung-hwan of Hyundai Mobis. (Photos: Hyundai Mobis)President Cho Sung-hwan of Hyundai Mobis was elected to head the International Organization for Standardization (ISO), an international body setting general rules of global commerce and trade. The Ministry of Trade, Industry and E¡¦
Chairman Kim Ki-moon of Korea Federation of SMEs (KBIZ). (Photo: KBIZ)The Korea Federation of SMEs (KBIZ), established in 1962, marked its 60th anniversary this year. Sixty years ago, Korea was a nation earning $82 in national income per person, making it poorer than most African countries. Mot¡¦
A nocturnal sky of Seoul is embroidered with fireworks at the 2022 Seoul International Fireworks Festival, hosted by Hanwha for the first time in three years due to the spread of the COVID pandemic on Oct. 8.Chairman Kim Seung-youn of Hanwha Group. (Photos: Hanwha Group)Hanwha Business Group marked ¡¦
Deputy Prime Minister-Minister of Economy and Finance Chu Kyung-ho delivers a special lecture, titled ¡°The Recent Situation of the National Economy and the Direction of Economic Policies.¡± at 2022 SME Leadership Forum, in Jeju on Sept. 27.¡°Amid realigning of global supply chains, Korea has become¡¦
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President Choi Si-young, head of Samsung Electronics¡¯ Foundry Business announces its business strategies at the Samsung Foundry Forum that took place at Silicon Valley in San Jose, Calif. on Oct. 3.Samsung Electronics declared its intention to produce semiconductors using a 1.4 nano production proc¡¦
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Economy/Finance
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¡¦
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¡¦
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¡¦
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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