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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…
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…
POSCO’s demonstration lithium plant in Argentina. (Photo: POSCO)POSCO secured the mining rights in the Salar del Hombre Muerto salt lake in northern Argentina at a cost of 310 billion won in 2018. The move was part of efforts to secure lithium, one of the cathode materials used in secondary battery…
Hyundai Motor Group Chairman Chung Ui-sun, POSCO Group Chairman Choi Jeong-woo, Senior Executive Vice President Kim Sae-yoon of Hyundai Motor and POSCO Senior Executive Vice President Yoo Byung-ok attend a ceremony to sign an MOU to cooperate in the hydrogen business at POSCO’s guest house in Pohan…
<LS전선 구미사업장 전기차용 고전압 권선 첫 출하 기념>LS전선(대표 명노현)은 현대자동차와 기아의전기차, 아이오닉5와 EV6에 구동모터용 권선(Enamel wire)을 단독 공급한다고 3월 22일 밝혔다.  LS전선은 국내 최초로 800V 전압에서 사용할 수 있는 권선을 양산, 관련 매출이 향후 6년간 2,000억원 이상이 …
<인천공항 KAL 프레스티지 클래스 라운지 전경>대한항공이 오는 3월 15일부터 인천국제공항을 포함한 국내외 공항 라운지에 새로운 운영 관리 시스템을 도입한다. 대한항공은 원스톱 플랫폼으로 승객 대기 시간을 줄이고, 나아가 이용 수요를 미리 예측하여 라운지 혼잡도를 조절하는 등 빅데이터 활용을 통해 맞춤형…
<LS일렉트릭이 자사 부산사업장이 위치한 부산시 강서구에 코로나19 극복 이웃돕기 성금 1억원을 전달했다.  사진은 4일 부산시 강서구청에서 열린 전달식에서 노기태 부산시 강서구청장(왼쪽)와 신대희 LS일렉트릭 부산공장장(오른쪽)이 기념촬영하고 있는 모습.>신종코로나바이러스 감염증(코로나19) 확산이 …
POSCO Chairman Choi Jeong-woo.POSCO Group has solidified the groundwork for the growth of the secondary battery raw material business via the largest-ever rights offering for POSCO Chemical.POSCO, the biggest shareholder of the offering, announced a vision of nurturing the secondary battery raw mate…
A view of Samsung Electronics’ Galaxy S21 and Galaxy S21 Ultra smartphones.Samsung Electronics chalked up 236.81 trillion won in sales and 35.99 trillion won in operating profit last year. The figure represented a 2.78 percent rise and a 29.62 percent jump over the previous year, respectively. Sams…
Hyundai Motor Group Chairman Chung Eui-sun. (Photo: Hyundai Motor Group)Despite the shock caused by the COVID-19 pandemic, Hyundai Motor’s annual sales surpassed 100 trillion won last year for the second straight year. Even though Hyundai Motor recorded negative growth, the automaker saw the portio…
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Industry/Energy
Hyundai Motor Group Executive Chair Chung Eui-sun, POSCO Group Chmn. Jang In-hwa, Louisiana Governor Jeff Landry, Rep. Troy Carter, MOTIR Minister Kim Jung-kwan, U.S. Under Secretary of Commerce for International Trade William Kimmitt, and Hyundai St…
Senior Executive Vice President Won Kwang-sik of HD Hyundai Heavy Industries (left) receives a plaque of appreciation from Pietro Barabaschi, Director-General of the ITER Organization (right), at the 'KOREA-ITER Fusion Day' event held in Cadarache, s…
“XTeer,” an engine oil exclusively for hydrogen internal combustion engines, developed and supplied by HD Hyundai Oilbank. (Photo: HD Hyundai Oilbank)HD Hyundai Oilbank launched a drive to capture the hydrogen mobility lubricant market by developin…
President Kim Hoe-chun of Korea Hydro & Nuclear Power (KHNP) and Claude Imauven, Chairman of the Board of Directors, exchange a letter of intent on long-term cooperation in the uranium enrichment sector the two companies struck as President Lee J…


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