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Hanjin Shipping Co. will try to crack the East African sea routes this year to turn the company’ s operation to end in  black ink, President Kim Young-min said recently. The CEO at a media briefing on March 17, said this year looks good for shipping as shipping charges for containers may …
GM Korea’s Chevrolet Trax that debuted at Seoul Motor Show.GM Korea unveiled the new sports utility vehicle Chevrolet Trax on Feb. 20, which is a little smaller than its rivals in Korea’ s car market, such as the Tucson and the Sportage. GM Korea, the local unit of General Motors Corp. of the Unit…
Hankook Tire Co. unveiled its blueprint for its expanded presence in the United States in which it will build a tire plant and try to grab a 15 percent share of the country’ s auto tire market.The leading tire maker in the world will also strengthen its marketing campaign in Europe through its Moto…
Seoul Motor Show 2013 will likely attract 335 car and car parts maker from 13 countries. The Seoul Motor Show 2013, which will run from March 29-April 7, is expected to attract 335 car and car parts makers from 13 countries and unveil 42 new car models and 15 concept cars produced with the…
Hyundai Motor held a ceremony to unveil its first hydrogen battery driven sedan at its Ulsan plant in Ulsan, South Gyeongsang Province on Feb. 26 and celebrated the motor company’s capacity to turn out such cars en mass at its car plant in Ulsan attended by a number of its top e…
MOBIS is poised to mass-produce core parts for fuel cell electric vehicles.MOBIS has completed the development of core parts for FCEV (Fuel Cell Electric Vehicles) and has recently started to mass-produce them for the first time in the world.The core parts produced at MOBIS’s Chungju Factory are dr…
Willem Kriel, Korea Business Manager of MPR, and Yang Jun-seok, director of the NSSS Division at KEPCO E&C, sign an MOU on development cooperation for a new pressurized light water reactor model and SMR technology at the NSSS Division meeting room on Feb. 1.KEPCO E&C has teame…
Chairman Park Sam-koo of Kumho-Asiana Group with Kumho Tires Co. as its major affiliate.Kumho Tires Co. is doing exceedingly well in Australia with its tire logistics center in Glendenning, New South Wales, handling the sale of its tires in the island nation.The auto tire company’ s logistics …
LSIS CFO Kim Won-il; (3rd from left) and CEOs of LSIS’s excellent SMEs attend an event to promote the "LSpartnership" with its cooperative companies at the Cheongju plant on Jan. 3.President Yoon Jae-ki of Finetech Korea is humming these days as his company has laid a welding automation f…
POSCO signed an agreement to supply all 11 kinds of steel plates and other steel products to Daewoo Shipbuilding that go into building a floating production storage and offloading(FPSO) facilities.POSCO has been advancing its moves to expand its market share of steel products that go into …
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Business/Company
POSCO Chairman Choi Jeong-woo. POSCO Group posted about 5.5 trillion won in operating profit last year, the best in seven years. The group surpassed the 60 trillion won threshold in annual sales for the second straight year.POSCO set the 2019 sales t…
Lotte Chairman Shin Dong-bin. (Photos:Lotte Group) President Kim Kyo-hyun, head of the Chemical Business Unit. /  President Lee Yeong-ho, head of the Food Business Unit. Lotte Corp. President Yoon Jong-min, chief of the Management Stra…
Genesis G70 has been awarded the 2019 North America Award of the Year at the Detroit Auto Show in Michigan on Jan. 14. Manfred Fitzgerald, executive vice president and global brand chief of Genesis Motors, and Erwin Raphael, executive director at Gen…
Hanwha Group Chairman Kim Seung-yeon joins other dignitaries in celebrating the dedication of Hanwha in Hoa Lac Hi Tech Park Aero Engines’ plant in Vietnam on Dec. 6. (Photo: Hanwha Group)Hanwha Group Chairman Kim Seung-youn said, “We have to take …


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