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New Chairman Christopher Koo of the Korea International Trade Association (KITA) delivers his inaugural speech after he was elected as the 31st KITA chairman at the 2021 general meeting at COEX in Samseong-dong, Seoul, on Feb. 24. (Photos: KITA)Chairman Christopher Koo of LS Group took office as cha…
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POSCO Chairman Choi Jeong-woo speaks at a regular shareholder meeting on March 12 in which his reelection was formalized.POSCO said it was honored to be selected as the world’s most competitive steelmaker last year by the World Steel Dynamics, marking the 11th consecutive year it won the achievemen…
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Models make a pitch for the Neo QLED 8K TV model, produced by Samsung Electronics at Samsung D’light in Seocho-dong, Gangnam-gu, Seoul, on March 3. (Photo: Samsung Electronics)Samsung Electronics has been releasing the latest smartphones, TVs and home appliance products, employing additional techno…
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Researchers with LG Chem’s Future Technology Research Center test new plastic materials. LG Chem has inaugurated an in-house task force, dubbed “Phoenix Team,” to focus on recycling plastic, which will emerge as one the company’s growth engines. The Phoenix Team was inaugurated at the instructio…
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“ON AIR-The Secret Contract,” which will be televised exclusively by LG Uplus.LG Uplus will exclusively televise a new sitcom, dubbed “ON AIR – The Secret Contract.” The show is being produced jointly by LG Uplus and the musical production company Shinwave.It is a hybrid version of a show …
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IOPE has been working o research on retinol for 27 years, reflecting Amorepacific’s determination to release products efficacious for improving wrinkle care. (Photo: Amorepacific)IOPE has conducted research on retinol for 27 years, reflecting Amorepacific’s determination to release products effica…
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A view of Daesang’s starch sugar plant in Indonesia. (Photos: Daesang)Daesang has an ambitious plan to dramatically expand its overseas business turf. The food company aims to raise sales in the Indonesian business to 1 trillion won and become a top 10 food maker in that market in next 10 years. Da…
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Chairman Lee Young-kwan of Toray Advanced Materials Korea joins in a “children’s traffic safety relay challenge” drive, designed to put into practice traffic safety within children safety zones on March 4. (Photo: Toray Advanced Materials Korea)Toray Advanced Materials Korea supplies essential ma…
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Hanjin Group Chairman Cho Won-tae. (Photos: Korean Air)Hanjin Group Chairman Cho Won-tae is calling for Korean Air to abandon the conventional mold, seizing a crisis caused by the COVID-19 pandemic as an opportunity of innovation. Chairman Cho made the remarks while delivering his commemorative spee…
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LS Cable & System struck a contract to supply super high-voltage undersea cables on a preferential basis with Ørsted, a Danish off-shore wind power developer, last Dec. 24. LS C&S officials talk with Ørsted officials via telemeeting. (Photos: LS C&S)LS Group is redoubling efforts to ex…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won projec…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagno…
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