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Prof. Yoo Sang-hee of Dong-eui University's Economics Department took office as the 7th chairman of Korea Power Exchange (KPX).(Photo:KPX) Prof. Yoo Sang-hee of Dong-eui University’s Economics Department has been elected as the 7th chairman of Korea Power Exchange (KPX). He took office at the KPX …
Samsung Electronics Co., Ltd. on April 26 announced revenues of 52.87 trillion won on a consolidated basis for the first quarter ended March 31, 2013, a 6 percent decrease from the previous quarter. Consolidated operating profit for the quarter reached 8.78 trillion won, representing a 1-percent dec…
The Korean display industry aims at raising display exports from $35 billion in 2012 to $50 billion in 2015 and getting a jumpstart in the global next-generation display market. These are contained in “Vision 2015,” which the Korean display industry unveiled at a ceremony to celebrate the thi…
Samsung Electro-Mechanics (SEM) President & CEO Choi Chi-joon has grabbed the Chung Jin-ki Media & Culture Award 2012 Grand Prize for his leading role in the development of the multi-layer ceramic capacitor (MLCC). Choi has been credited with transforming the MLCC business into one of S…
Samsung Electro-Mechanics (SEM) President & CEO Choi Chi-joon has grabbed the Chung Jin-ki Media & Culture Award 2012 Grand Prize for his leading role in the development of the multi-layer ceramic capacitor (MLCC). Choi has been credited with transforming the MLCC business into one of S…
Samsung Electronics announced on Aug. 7 the release of the Galaxy Note 10.1 in Germany, the United Arab Emirates, and other European and Middle Eastern countries. This is the latest version of the Galaxy Note, a new concept combining smartphone and tablet, which has created a sensation with its supe…
Samsung Electronics and Apple have not yet reached an out-of-court settlement during their second round of closed negotiations in the ongoing patent war between the global smart phone and tablet juggernauts. Samsung CEO Choi Gee-sung, now chief of Samsung Group Future Strategy Office, accompani…
The LS Group has turned to exploring new growth engine industries such as the smart grid and electric vehicles that will drive the business group down the road. The conglomerate recognizes that now is the right time to do so since new technologies based on the green and smart grid industries ha…
Hyundai Mobis set up its China headquarters and tapped Managing Director Chang Kook-hwan to head it in a large-scale reform of the company’ s operation designed to place it among the top five auto parts makers in the world by 2020 under its ‘2020 Global Auto Parts Top Five’  plan. The strate…
Samsung Electronics has not yet surpassed Apple or completely outstripped Nokia, but Samsung’s positive, young talents will ultimately put Samsung smartphones in the top position globally,” Shin Jong-kyun, president in charge of the Information and Mobile Communications business at the Korean elec…
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Economy/Finance
President Wi Sung-ho of Shinhan Bank answers the reporters at a recent media meet following his official inauguration as the new CEO of Shinhan Bank. (Photos: Shinhan Bank) President Wi Sung-ho of Shinhan Bank said on March 7 that he will steer the …
Chairman Hwang Rok of Korea Credit Guarantee Fund(KODIT) Chairman Hwang Rok of the Korea Credit Guarantee Fund (KODIT) said on Feb. 27 that he will run KODIT in such a way as to create jobs by extending financial guarantees to promising startups to …
Chairman Yoon Jong-kyoo of KB Financial Group, 5th R, and is welcomed by PM Nguyen Xuan Phuc of Vietnam, 4th R, at the Prime Minister’s Office in Hanoi, Vietnam, as they meet at a reception to celebrate the 25th anniversary of the opening of the dip…
Chairman Kim Jung-tae of Hana Financial Group.(Photos: KEB Hana Bank)Hana Financial Group posted 1.345 trillion won in net profit in 2016, up nearly 50 percent YoY, the largest net profit since 2012 when the Hana Bank merged with the Korea Exchange B…


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