Lotte Group Chairman Shin Dong-bin. (Photo: Lotte Group)Lotte Shopping is teaming up with the fund IMM Private Equity, a leading private equity fund, to acquire Hanssem, the nation’s largest furniture and home furnishing company. The move may be construed as Lotte Shopping’s bid to make inroads in…

Chairman Christopher Koo of LS Group speaks of his feelings over LS ELECTRIC’s designating of the lighthouse factory while participating in WEF’s online annual meeting on Sept. 29. (Photos: LS Group) LS ELECTRIC, a power, automation and smart energy unit of LS Group, has been designated as one of …

CJ Cheiljedang has released four kinds of new “Returnup” products as part of efforts to expand the line-up of its health functional food brand. CJ Cheiljedang is expanding its lineup of the health functional food brand “Returnup.” The company released four new products under the brand. They are:…

Hanwha Group Chairman Kim Seung-youn. (Photos: Hanwha Group)“Transferring crises into opportunities is in Hanwha’s DNA,” Hanwha Group Chairman Kim Seung-youn said. Chairman Kim made the remarks on Oct. 12 on the occasion of the company’s 69th anniversary. Hanwha Group marked its 69th anniversary…

LG Energy Solution and University of California San Diego researchers have jointly developed a solid-state battery. (Photo: LG Energy Solution)Engineers created a new type of battery that weaves two promising battery sub-fields into a single battery. The battery uses both a solid state electrolyte a…

President Hwang Sung-woo of Samsung SDS speaks at “REAL 2021,” a two-day online conference to share success strategies and exemplary cases on Sept. 8. (Photo: Samsung SDS)Samsung SDS kicked off “REAL 2021,” a two-day online conference held starting Sept. 8, to share success strategies and exempl…

Undersea cables, produced by LS Cable & System, are loaded into a ship at Donghae Port. (Photo: LS C&S)LS Cable & System (LS C&S) has landed almost all orders to supply extra-high voltage submarine cables to a large-sized offshore wind power farm being built in Taiwan. LS C&S, th…

President Jeon Hae-sang of Toray Advanced Materials Korea (TAK). (Photos: TAK)Toray Advanced Materials Korea (TAK) has entered the prepreg business to raise synergetic effects with its existing carbon fiber composite materials business. TAK, the nation’s biggest carbon fiber manufacture, said on Oc…

Vice Chairman Kim Nam-jung of Dongwon Group. (Photos: Dongwon Group)Executive Vice President Kang Dong-man of Dongwon F&B.Dongwon Group aims to become a total protein provider by supplying comprehensive protein foods to consumers. It will do so by expanding its business portfolio from the fisher…