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Samsung Electronics reported 66.96 trillion won in consolidated revenue and 12.35 trillion won in operating profit for the third quarter ended Sept. 30.Even as the COVID-19 pandemic continues around the world, reopening of key economies led to a significant increase in consumer demand. Samsung Elect…
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Hyundai Motor Group Chairman Chung Eui-sun. (Photos: Hyundai Motor Group)Global companies are scrambling to develop robots as the non-face-to-fact contact market is on the rise, caused by the spread of the COVID-19 pandemic. Automakers, including Hyundai Motor Group, are joining forces to invest big…
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Lotte Group Chairman Shin Dong-bin. (Photo: Lotte Group)Lotte Group Chairman Shin Dong-bin became the first Korean business leader to meet with Japanese Prime Minister Yoshihide Suga since he took office, succeeding his predecessor Shinzo Abe. Chairman Shin’s meeting with Prime Minister Suga comes …
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Chairman Lee Jay-hyun of CJ Group.A bio-degradable plastic that completely melts away in the sea will be mass produced with Korean-developed technology.Of late, CJ Cheiljedang succeeded in developing Polyhydroxyalkanoates, or PHA, a core material for producing an eco-friendly, bio-degradable plastic…
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LG Uplus Vice Chairman Ha Hyun-hoe speaks at an executives’ workshop for the 4th quarter of the year at LG Uplus headquarters on Nov. 13. (Photos: LG Uplus)LG Uplus Vice Chairman Ha Hyun-hoe urged LG Uplus executives and staff members to nurture the telecom service provider’s own loyal customer ba…
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Samsung SDS President Hong Won-pyo. (Photos: Samsung SDS)Despite the protracted COVID-19 pandemic, Samsung SDS achieved its best-ever quarterly sales. The earnings surprise was owed to the expansion of the company’s logistics and IT service businesses. Samsung SDS said on Oct. 27 the company posted…
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President Jeon Hae-sang of Toray Advanced Materials Korea receives the presidential award from Vice Minister Park Jin-gyu of the Ministry of Trade, Industry and Energy at a ceremony to celebrate the 34th anniversary of Textile Day at the Textile Center in Seoul on Nov. 11. (Photo: TAK)President Jeon…
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Chairman Cho Hyun-joon of Hyosung Group. (Photos: Hyosung Group)“A winner is willing to make a path by treading snow accumulated on the field, but a loser waits for the heaped snow to melt away.” Hyosung Group Chairman Cho Hyun-joon made the remarks while his commemorative speech to executives and…
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Sindoh Vice President Lee Chul-woo in charge of public relations receives a certificate of a top prize in the office multifunction machine category of the 2020 Korean Standard Quality Excellence Index (KS-QEI) from Chairman Lee Sang-jin of the Korean Standards Association. (Photos: Sindo)Sindoh, 2D …
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Chairman Kim Ki-mun of Korea Federation of SMEs (KBIZ). (Photos: KBIZ)Starting Nov. 13, Korea Federation of Small and Medium Business (KBIZ) has been extending medical and disaster loans sans interest under the Yellow Umbrella for Small Businesses and Merchants’ Mutual Aid.Beneficiaries of the aid,…
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Chairman Jin Ok-dong delivers greetings at the 24th Annual General Meeting of Shareholders at Shinhan Financial Group’s headquarters in Seoul, on March 26. (Photos: Shinhan Financial Group)Shinhan Financial Group Chairman Jin Ok-dong said on March 2…
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Chairman & CEO Shin Chang-jae of Kyobo Life Insurance. (Photo: Kyobo Life Insurance)Kyobo Life announced on March 21 that it has been designated as a trustee of the Financial Services Commission (FSC)’s Innovative Financial Services Project, "Ai…
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Lee Chan-woo, chairman of NongHyup Financial Group. (Photos: NongHyup Financial Group)“Unless we innovate now, there is no bright future for NongHyup Financial Group,” said Lee Chan-woo, chairman, in a meeting with NongHyup subsidiary employees on …
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On March 27, Hana Chairman Ham Young-joo visits a small restaurant to donate a high-efficiency air conditioner as part of his first act after starting his second term. (Photos: Hana Financial Group)Hana Financial Group announced in late March that it…
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