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An outside view of POSCO’s Shop Gallery. (Photo: POSCO)The Shop Gallery was dedicated beside Dosan Park in Gangnam-gu, Seoul, last March for the company to make a pitch for the steel products category in the construction industry. The structure, built with POSCO’s PosMAC (POSCO Magnesium Aluminium…
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A view of Samsung Electronics’ newest smartphone Galaxy S20. (Photo: Samsung Electronics)Samsung Electronics poured 5.36 trillion won into R&D initiatives for the first quarter of this year, the biggest-ever R&D outlay on a quarterly basis. The large investments come despite the global COVI…
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Hyundai Motor saw sales and operating profit rise by a small margin in the first quarter of the year, beating expectations. But the automaker saw real operating profit, except transient revenues, decline 8 percent over the same period a year ago. Hyundai Motor has entered a “contingency plan mode”…
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A view of “Lotte On,” Lotte’s integrated on-line shopping platform.President Cho Young-jae of Lotte Shopping’s e-Commerce Business Division announces strateges on the new e-Commerce brand Lotte On at the Lotte World Tower in Seoul on April 27. (Photos: Lotte)Lotte, one of the nation’s largest r…
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Bibigo Mandu (Dumpling) products released by CJ Cheiljedang.(from left) Bibigo home meal replacement products for roasted mackerel, grilled halibut, and roasted Spanish mackerel, released by CJ Cheiljedang. (Photos: CJ Cheiljedang)CJ Cheiljedang President Kang Shin-ho made good on his promise with h…
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A view of food products released by Ottogi. (Photo: Ottogi)Ottogi made its first step in the Korean food market many years ago by releasing a powered instant curry product in Korea. Ottogi released the nation’s firsts in areas such as soup, ketchup and mayonnaise. The food maker says it has been co…
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Three kinds of “Fishery Easy Cook KIT” foods, released by Dongwon F&B. (Photos: Dongwon F&B)Dongwon F&B, boasting fishery expertise it has accumulated over the years, has released three kinds of “Fishery Easy Cook KIT” foods using whelk, common Asian clam, and snails as the main ingr…
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An array of food products released by Orion. (Photo: Orion)Orion posted 539.8 billion won in sales and 97 billion won in operating profit in the first quarter of this year on a consolidated basis. The figures represent an 8.5 percent rise in sales and a 25.5 percent jump in operating profit compared…
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LG Chem Vice Chairman Shin Hak-cheol speaks at a ceremony to proclaim a new vision that reestablishes its identity based on not only ‘chemicals’ but ‘science’ to take a new leap. (Photo: LG Chem)LG Chem proclaimed the New Vision that reestablishes its identity based on not only ‘chemicals’ but…
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LG Chem logged a 1st quarter business performance that exceeded market expectations. LG Chem said on April 28 the company posted 7.115.7 trillion won in sales and 236.5 billion won in operating profit in Q1. A recent market consensus predicted that LG Chem would chalk up 142.4 billion won in operati…
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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…
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“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…
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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…
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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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