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President Cho Hwan-eik of Korea Electric Power Corp. (KEPCO) met with Toshiba President Satoshi Tsunakawa on June 14 and discussed ways of promoting cooperation in the nuclear power business.  Their meeting drew keen attention from market watchers as KEPCO is seeking to join the NuGen consor…
Acting President Park Hee-sung of the Korea East-West Power Co. (EWP), President Kim Nam-kyun of the Korea Forestry Promotion Institute (KOFPI), and President Denaldy of Indonesian state-run forest company Perum Perhutani participated in a ceremony to sign an MOU on wood biomass planting, processing…
President Cho Hwan-eik of Korea Electric Power Corp. (KEPCO) gives an appointment letter to Prof. Cha Sang-gyun of Seoul National Univeristy who was tapped as chairman of a committee designed to purse “Digital KEPCO’ based on big data and ICT to prepare for the advent of the 4th Industrial Revolut…
Korea Southern Power Co. (KOSPO) President Yoon Jong-geun poses with Chilean President Michelle Bachelet and Park Seok-ho of head of KOSPO’s Chilean operation, while attending a ceremony to dedicate the 517MW gas-fired combined power plant in Mejillones, northern Chile, on May. 26. Korea Southern …
POSCO Chairman Kwon Oh-joon attends a ceremony of setting a fire to the third blast furnace of the Pohang Steelworks on June 6. The third blast furnace at the Pohang Steelworks entered operability as the world’s fifth largest blast furnace, after wrapping up a 102-day upgrade period. About 200 peo…
Vice Chairman Woo Yoo-cheol of Hyundai Steel.(Photo: Hyundai Steel)Hyundai Steel has succeeded in producing next-generation auto steel sheet prototypes based on artificial intelligence algorithms used in AlphaGo, the AI computer program developed by Alphabet Inc.'s Google DeepMind to play the board …
SeAH Chairman Lee Soon-hyung. SeAH Special Steel produces cold-heading wires and cold-drawn bars used as core materials in automobiles, electronics, industrial machines, shipbuilding and construction.  The most significant advantages of SeAH Special Steel’s products are its industry-best tec…
Hyundai Heavy Industries President Ka Sam-hyun Hyundai Heavy Industries President Ka Sam-hyun said, “The largest-ever group of people have converged on Nor-Shipping 2017 in which I attended, so I could sense that the shipbuilding and shipping markets are recovering.” The biennial shipping trade …
President Cho Hwan-eik of Korea Electric Power Corp., Wendy Sadler, Griffith Williams III, and others attend a ceremony to donate historical documents on Hansung Electric, Korea’s first utility at KEPCO headquarters in Naju, Jeollanam-do, on May 17. (Photos: KEPCO)KEPCO President Cho receives a col…
President Chung Chang-kil of Korea Midland Power Co. (KOMIPO) and K-water President Lee Hak-soo hold a copy of an agreement to cooperate in the development of new and renewable energies after they signed the deal at the K-water headquarters in Daegu on April 12. (Photo: K-water) President Chung Cha…
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Business/Company
SK Innovation will begin to mass produce an EV battery capable of running 450 km per charge for the first time in the world. The mileage of the upcoming battery is more than 100 km better than the EV batteries that have been developed so far. The r…
Hyundai Mobis’s test-driving ground for self-driving cars debuted recently at a lot covering 1.12 million sq. meters in the Bio Well-being Special Zone in Buseok-myeon, Seosan City, Chungcheongnam-do. The car testing ground boasts 14 test tacks, …
A graph showing how Bi-directional chargers for plug-in vehicles work.(Photo: Hyundai Mobis) Hyundai Mobis has developed an on-board, bi-directional charger for plug-in vehicles. The bi-directional onboard charger (OBC) allows the vehicle to supply …
Late founder Woo Sang-ki of Sindoricoh Co. steadily upheld the motto of the Kaesong merchants; “No debts, and one well,” throughout his adult life in the running of his businesses. In line with the founder’s motto, the company never borrowed mon…


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