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Chmn. Lee Jay-hyun of CJ Group, a member of an economic delegation who accompanied President Lee Jae-myung on a Korea-U.S. summit, poses with other delegates prior to the “Korea-U.S. Business Roundtable” at Willard InterContinental Washington in Washington DC on Aug. 26. They are (from left) Chmn.…
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David Kim, CEO of LG Energy Solution. (Photos: LG Energy Solution)LG Energy Solution has struck a contract to supply EV batteries worth an estimated some 15 trillion won to Mercedes-Benz. The deal involves an over 100GWh huge capacity. The latest winning order came some one year after the compa…
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Korean Air struck an MOU to buy 103 next-generation, high-efficiency passenger aircraft and revealed a plan to purchase 19 reserve engines and sign a maintenance service contract at Willard InterContinental Washington in Washington DC on Aug. 26. Among those on hand at the signing ceremony are (from…
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Chairman Kim Nam-jung of Dongwon Group has a meeting with General Secretary To Lam of the Communist Party of Vietnam, who toured Dongwon Global Terminal (DGT) in Busan New Port on Aug. 13. (Photos: Dongwon Group)Chairman Kim Nam-jung of Dongwon Group met with General Secretary To Lam of the Communis…
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Dignitaries, including Deputy Prime Minister-MOEF Minister Koo Yun-cheol, Chmn. Chey Tae-won of the Chamber of Commerce and Industry, Minister of Employment and Labor Kim Young-hoon, and Vice Minister Moon Shin-hak of the Ministry of Trade, Industry and Energy, attend a ceremony to inaugurate the Co…
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A whole view of Samsung Electronics’ foundry No.1 plant in Austin, Texas. As Samsung Electronics struck a series of mega contracts with global tech companies, such as Tesla and Apple, business circles are forecasting that the Korean electronics giant’s scale of investments into the U.S. semic…
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The U.S. auto journal Automotive News announced winners of Automotive News Centennial Award — Hyundai Motor Group Executive Chair Chung Eui-sun, Founding Chairman Chung Ju-yung, and Honorary Chairman Chung Mong-koo, in recognition for their outstanding contributions to the global automotive in…
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LG Chem Vice Chairman & CEO Shin Hak-cheol. (Photos: LG Chem)LG Chem and Toyota Group are joining forces to step up their cathode materials market strategy. LG Chem announced on Sept. 9 that Toyota Tsusho Corporation had acquired a 25% stake in LG-HY BCM, the company’s cathode materials pl…
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Chairman Sohn Kyung-shik of Korea Enterprises Federation (KEF) demands the halt of a bill to enact the controversial “Yellow Envelope Act” at a meeting with reporters at the KEF Building in Mapo-gu, Seoul, on July 31. (Photo: KEF)The President Lee Jae-myung government has intensified its labor-fri…
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Prime Minister Kim Min-seok delivers a key-note speech at the 48th KCCI Summer Forum, which took place at Lahan Select Gyeongju on July 16.Chairman Chey Tae-won of the Korea Chamber of Commerce and Industry gives a lecture at the 48th KCCI Summer Forum. (Photos: KCCI)Chairman Chey Tae-won of the Kor…
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KEPCO President & CEO Kim Dong-chel of Korea Electric Power Corp. poses with ENEC CEO Mohamed Al Hammadi after KEPCO struck an MOU on new nuclear power technology, AI and global market cooperation partnership with Emirates Nuclear Energy Company …
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(from left) Senior Managing Director Jeong Cheol-sang of HJ Shipbuilding & Construction, Cho Seok-jin, Senior Executive Vice President and Chief Nuclear Officer (CNO) of KHNP, and Kim Jong-doo, CEO of Doosan Enerbility’s Nuclear Business Group a…
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GS Caltex holds a completion ceremony for a palm oil refinery of the ARC in Balikpapan, Indonesia, on Nov. 19. GS Caltex Vice Chairman and CEO Hur Sae-hong poses for a photo with POSCO International President Lee Kye-in and other representatives of b…
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President Kang Ki-yoon of the Korea South-East Power makes an inspection tour of a construction site at the Goseong Natural Gas Power Plant, now under construction in Hai-myeon, Goseong-gun, Gyeongsangnam-do, on Nov. 7.President Kang Ki-yoon of the K…
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