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A view of Korean Air Boeing 737-8. (Photos: Korean Air)Korean Air Chairman Cho Won-tae.Korean Air has come forward to dispel concerns that overseas competition authorities’ scrutiny of the airliner’s merger with Asiana Airlines might be delayed or disrupted. Korean Air said the airliner has b…
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The global semiconductor market is predicted to grow about 11 percent this year despite the effects of the reverse base effect of the best-ever business performance last year. The global semiconductor market saw a 24.6 percent jump last year. Three survey institutions readjusted their earlier o…
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A whole view of the headquarters of the Korea Federation of SMEs (KBIZ), celebrating the 60th anniversary. The Korea Federation of SMEs (KBIZ), celebrating its 60th anniversary, held a variety of events in 17 provinces and cities across the nation on the occasion of the 34th SME Week, which too…
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Spectators watch photos they took with Galaxy S22 via the NEO QLED 8K to demonstrate “Team Samsung Life,” a realization of differentiation daily life based on the connectivity of gadgets at the World IT Show 2022. (Photo: Samsung Electronics)Samsung Electronics showcased “Team Samsung Life,” a r…
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Chairman Chung Eui-sun of Hyundai Motor Group. (Photos: Hyundai Motor Group)Hyundai Motor saw Q1 sales and operating profit rise despite uncertainties such as vehicular chip shortages and parts supply-demand imbalances, launched by China. At a conference call at Hyundai Motor headquarters in Se…
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A bird’s eye-view of “VL Osiria,” a first silver town under the brand VL, to be built in Gijang, Busan. (Photo: Lotte Hotel)Lotte Group, setting the silver industry as its future growth engine, is stepping on the gas to explore the silver market. Lotte Hotel will be the industry’s first com…
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CJ Cheiljedang achieved its best-ever quarterly business performance on the back of the growth of its global business. CJ Cheiljedang posted 4,318.6 billion won in sales, excluding those of CJ Logistics, in the first quarter of this year, the company said on May 9. The figure represents a …
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Dongwon Group will be restructured, with Dongwon Industries emerging as the new holding company of the group. Dongwon Group submitted to the Korea Exchange on May 7 an application to have the listed Dongwon Industries absorb the unlisted Dongwon Enterprise, the current holding company of the group.&…
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An image of cacao chocolate products, released by Lotte Confectionery. (Photos: Lotte Confectionery)Global renowned scholars revealed diverse and affluent effects of Cacao. Cacao’s polyphenols has become the subject of concern among consumers from a long time ago. A recent report, citing the U…
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Crew members wash Boeing 747-8i aircraft at Korean Air’s hangar as the airliner is preparing for a rise in passengers who make overseas trips. Korean Air achieved its best-ever operating profit in the first quarter of this year by meeting rising flight transportation demand amid supply chain i…
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President & CEO Lee Young-jun of Lotte Chemical. (Photos: Lotte Chemical)“We have to set reform and improvement milestones faithfully and carry out not only long-term global business restructuring but also a business structure shift of domestic …
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President Kim Jong-chool gives his inaugural speech as he took office as KAI’s 9th president of KAI at an inauguration ceremony at KAI headquarters in Sacheon, Gyeongsangnam-do, on March 19. (Photos: KAI)Under the leadership of new President Kim Jon…
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(From left) Czech Deputy Prime Minister and Minister of Industry and Trade Karel Karel Havlíček, Son Seung-woo, Head of Doosan Enerbility’s Power Services Business Group, Daniel Procházka, COO of Doosan Skoda Power, and Kim Jeong-kwan…
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Minister of Climate, Energy and Environment Kim Sung-hwan gets a briefing on electrode boiler from KDHC CEO Jeong Yong-ki as he toured KDHC’s branch in Hwaseong, Gyeonggi-do, on March 11. Korea District Heating Corp. (KDHC) has built a communit…
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