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POSCO Chairman Choi Jeong-woo. POSCO held the 2nd INNOVILT brand committee meeting on April 28 and put 27 products under the brand “INNOVILT,” POSCO’s premium brand for steel products for construction. The items totaled 50 products from 31 companies, including 23 selected in the first quarter of …
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An aerial view of Samsung Electronics’ Pyeongtaek Campus. (Photos: Samsung Electronics)Samsung Electronics plans to build a new foundry production line-up in Pyeongtaek, Gyeonggi-do to satisfy rising global demand for state-of-the-art extreme ultraviolet (EUV) solutions. The step will enable Samsun…
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Hyundai Motor Group Executive Vice Chairman Chung Ui-sun and Hankook Technology Group Vice Chairman Cho Hyun-shik shakes hands after signing a deal to build a driving center, named the HMG Driving Experience Center, at a ceremony at the group headquarters in Yangjae-dong, Seoul, on June 17. (Photo: …
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LG Chem Vice Chairman Shin Hak-cheol receives a briefing on the EV battery pack housing as he tours Dongshin Motech located in Haman,Gyeongsangnam-do. LG Chem plans to focus on the new material business OLED and EV batteries.LG Chem is tying loose ends in the disposal of a major business in the LCD …
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Lotte Group Chairman Shin Dong-bin looks at a coding examiner as he toured a smart factory of Lotte Chilsung Beverage Co. on June 3. (Photos: Lotte Group)Lotte Group Chairman Shin Dong-bin toured a production line at Lotte Chilsung Beverage Co., which celebrated its 70th anniversary last month. Chai…
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Chairman Lee Jay-hyun of CJ Group. (Photos: CJ Group)CJ Cheiljedang has released the next-generation natural seasoning brand TasteNrich. TasteNrich is a fully natural flavoring made with the fermentation of sugar cane and other vegetable ingredients. CJ Cheiljedang’s new natural seasoning is consid…
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A view of IOPE Lab in Myeongdong, downtown Seoul, which is run by Amorepacific. (Photos: Amorepacific)IOPE Lab in Myeongdong, downtown Seoul, which is run by Amorepacific, was opened on May 6 after it underwent a renovation. Advanced instruments of IOPE LAB have already measured and diagnosed skin c…
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Hanwha Group Executive Vice President Kim Dong-kwan. (Photos: Hanwha Group)Hanwha Group has secured a foothold to enter the U.S. hydrogen business. The successful listing of Nikola Motor, a U.S. hydrogen truck producer in which Hanwha Energy and Hanwha General Chemical Co. invested, may raise the ch…
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(From left) Hong Won-pyo, CEO of Samsung SDS and Lee Joon-ho, chairman of NHN. (Photos: Samsung SDS, NHN)Korean cloud computing companies are launching counterattacks in the Korean cloud computing market, which is currently dominated by global players such as Amazon Web Services (AWS), Google, and M…
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OCI Vice Chairman Lee Woo-hyun.OCI, reeling from falling polysilicon prices, a raw material for photovoltaic power being dumped by Chinese makers, is now making preparations for a leap forward through the restructuring of its business portfolio. OCI has begun to produce polysilicon for semiconductor…
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Lee Hwan-joo, current CEO of KB Life Insurance, tapped as the next KB Kookmin Bank president.KB Kookmin Bank announced on Nov. 26 that it held the inauguration ceremony for the 24th class of the college student overseas volunteer program, “RaonAtti,…
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Chairman Lee Suk-joon of NongHyup Financial Group. (Photos: NongHyup Financial Group)NH NongHyup Financial Group announced that it held the 2024 Risk Management Excellence Awards at the headquarters of NongHyup Financial Group in Jung-gu, Seoul on No…
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President Kim Sung-tae of the Industrial Bank of Korea (IBK]. (Photos: IBK)Industrial Bank of Korea (IBK) launched the Credit Card Sales Direct Deposit Service on Nov. 27. The service instantly deposits credit card payments to merchants at no ad…
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Yoon Hee-sung, president of Korea Eximbank poses for a photo with Chae Sun-joo, head of external affairs and ESG policies at NAVER after signing an MOU on cooperation to strengthen competitiveness in global expansion on Nov. 21 at NAVER 1784 Building…
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