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Chairman Kwon Oh-joon of POSCO. World Steel Dynamics (WSD) named POSCO the world’s most competitive steel maker for the seventh year in a row, POSCO said recently. The steel maker said WSD announced the list of the 37 most competitive steel makers in the world, with POSCO topping the list, at the…
Samsung Electronics Vice Chairman Lee Jay-yong. (Photos: Samsung Electronics)Samsung Electronics made an earnings surprise for the second quarter, with operating profit surpassing 8 trillion won for the first time in two years. An electronic disclosure made by Samsung Electronics on July 7 show…
Chairman Chung Mong-koo of Hyundai Motor Group.Hyundai Motor’s latest Azera model on display.(Photos: HMG) Hyundai Motor and Kia Motors have seen their automobiles’ reputation for quality get a big boost with J.D. Power, a famous car quality evaluation organization. J.D. Power placed Kia Motors a…
Chairman Chung Mong-koo of Hyundai Motor Group ignites third blast furnace of Dangjin Steel Plant to put the new blast furnace of the steel plant online sometime in 2013. Hyundai Steel announced recently that its Dangjin Steel Plant has produced over 60 million tons of steel products since Jan. 5, …
Top officials of both GS Energy and Korea National Oil Corp. and Abu Dhabi National Oil Corp.(ADNOC) are  shown in this photo after signing a contract allowing the Korean oil firms  to drill oil in the three oil blocks in the United Arab Emirates from the ADNOC in March 5 at the UAE oil co…
President Koo Ja-eun of LS Cable and System. (Photo: LS Cable)LS Cable and System Co. won the 2016 Korea Management Awards in the global management sector in recognition of the cable maker’s exclusive high-tech cable production technology that has led to a leading position in the global cable indus…
Dignitaries, including Minister of Trade, Industry and Energy Joo Hyung-hwan, President Akihiro Nikkaku of Toray Industries, and Toray Advanced Materials Korea Chairman & CEO Lee Young-kwan, cut the ribbon at a ceremony to celebrate the dedication of Toray Advanced Materials Korea’s polyphenyle…
Vice Chairman Chang Sae-wook of Dongkuk Steel delivers his congratulatory speech at a ceremony for the steelmaker’s 62nd anniversary on July 7 at Ferrum Tower in downtown Seoul.(Photo:Dongkuk Steel) Dongkuk Steel celebrated its 62nd anniversary on July 7 at the Ferrum Tower in downtown Seoul. Vice…
CEO Lee Hoon-beom of Asia Cement Co. Chairman Lee Hoon-beom of Asia Cement Group is about to kick off the second-stage of the cement plant’s push to turn it into a “smart plant” by boosting its automated production capabilities. In order to successfully complete the project, Asia Cement signed …
Yun Seok-won, CEO of the water business group at Doosan Heavy Industries & Construction, and Chairman Reza Haddadian of Sazeh Sazan hold an agreement they signed in Teheran on June 26. Doosan Heavy Industries & Construction, the world’s No. 1 player in seawater desalination, won a 220 bill…
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Business/Company
KT Chairman Hwang Chang-gyu delivers a key-note speech at the Mobile World Congress (MWC) 2017 in Barcelona, Spain, on Feb. 27. (Photo: KT) KT Chairman Hwang Chang-gyu said KT will commercialize G5 network technology for the first time in the world …
LG U+ Vice Chairman Kwon Young-soo. LG U+ unveiled the Self Backhole Node, a core component of fifth-generation (5G) networks, that the company jointly developed in cooperation of Finnish tech giant Nokia. The announcement was made at the Mobile Wor…
POSCO Chairman Kwon Oh-joon welcomes shareholders prior to an shareholder's meeting at the POSCO Center in Seoul on March 10 in which he was officially reelected for his second term.(Photo: POSCO) POSCO Chairman Kwon Oh-joon, after being reelected f…
SK Telecom President Park Jung-ho reveals his company’s plan to lead the building of a connected car network in connection with the advent of a self-driving car ear during his meeting with reporters on the sideline of the Mobile World Congress 2017 …


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