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U. S. President Joe Biden, on a state visit to Korea, shakes hands with Lee Jay-yong, the de facto leader of Samsung Group after touring Samsung Electronics’ semiconductor plant in Pyeongtaek, Gyeonggi-do, on May 20. (Photo: Samsung Electronics)Samsung Group will pour 450 trillion won into future g…
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U.S. President Joe Biden shakes hands with Hyundai Motor Group Chairman Chung Eui-sun at an outside plaza of Grand Hyatt in Yongsan, Seoul, on May 22. Chairman Chung announced a plan to invest $5 billion in areas such as robotics and AI in the United States by 2025. (Photo: Hyundai Motor)Hyundai Mot…
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Notables, including Lee Hyung-chul, KR Chairman and CEO, and Dir.-Gen. Chung Tae-sung in charge of maritime safety at the Ministry of Oceans and Fisheries, attend a ceremony to inaugurate KR-Integrated Survey Center (ISC) at the company’s headquarters in Busan on April 28. (Photo: KR)Korean Registe…
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Lotte Group Chairman Shin Dong-bin and Lotte Chemical Vice Chairman Kim Kyo-hyun look around Every Step for Green” exhibition organized by Lotte Chemical at the Arena Plaza of Lotte World Tower on May 19. (Photo: Lotte Group)Lotte Group announced a plan to invest 37 trillion won in the next five ye…
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CJ Chairman Lee Jay-hyun discloses CJ Group’s new vision at a video, released to his executives and staff members last December. (Photo: CJ Group)CJ Group will pour 20 trillion won into future business areas, such as content and food, over the next five years in Korea. The investment amount is the …
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LS Group Chairman Koo Ja-eun makes an inspection tour into LS ELECTRIC’s smart factory in Cheongju, Chungcheongbuk-do, designed as one of the 2021 lighthouse factories during WEF’s Global Lighthouse Network Annual Meeting 2021. (Photo: LS Group) LS Group decided to invest 10 trillion won in f…
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LG Chem CEO Shin Hak-cheol speaks at the ‘BC (Business & Campus) Tour’ at the Steigenberger, Germany. (Photo: LG Chem)LG Chem announced a joint venture on May 31 with Tianjin B&M Science and Technology (B&M), a subsidiary of China’s Zhejiang Huayou Cobalt (Huayou Cobalt) that speciali…
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Spectators crowd Hyundai Mobis’ pavilion in which the automotive parts maker showed advanced technologies at CES 2022 in Las Vegas, the United States in January. (Photos: Hyundai Mobis)Hyundai Mobis is accelerating efforts to ramp up its presence in the European Market, with advanced technologies f…
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LS ELECTRIC CTO Kim Young-geun shakes hands with Stephan Litjens, vice president of Nokia’s global enterprise solutions after LS ELECTRIC signed a deal to acquire Nokia’s ALO. (Photos: LS ELECTRIC)LS ELECTRIC acquired the power plant asset analytics platform ALO from Nokia. The acquisition may be …
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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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President Ha Dong-geun of Korea District Heating Corp. (Photos: KDHC)Korea District Heating Corporation (KDHC) announced on May 28 that it was selected as an “excellent” enterprise for enhancing corporate value in 2026 by the Korea Exchange (KRX) a…
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Chairman Kim Sung-jin of Korea Power Exchange (KPX) delivers his inaugural speech as he took office at an inauguration ceremony at KPX headquarters in Naju, Jeollanam-do, on May 6.As Chairman Kim Sung-jin of Korea Power Exchange (KPX) took office, he…
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Chairman Cho Hyun-joon of Hyosung Group. (Photos: Hyosung Group)Hyosung Heavy Industries is accelerating efforts to ramp up its presence in Japan after landing a series of energy storage system (ESS) projects since its inaugural market entry. Hy…
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Dignitaries, including Vice Minister Moon Shin-hak of the Ministry of Trade, Industry and Resources, KOSA Chairman Jang In-hwa, POSCO President Lee Hee-geun, President Lee Bo-ryong of Hyundai Steel, President Choi Sam-young of Dongkuk Steel, Chmn. Kw…
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