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The Korean parts and materials industry is on a roll. Here are some of the world-class parts and materials, being exported abroad. The Ministry of Trade, Industry and Energy (MOTIE) said Korea posted a $23.2 billion trade surplus for the parts and materials industry for the first quar…
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By Kang Seong-cheon, director general in charge of nuclearindustry policy at the Ministry of Trade, Industry and EnergyThe government plans to establish a committee for the public debate on spent nuclear fuel, a civilian advisory body of the Ministry of Trade, Industry and Energy (MOTIE), charged wi…
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VicVice Minister for Trade and Energy Han Jin-hyun speaks at the 48 anniversary of Electricity Day at Korea Electric Power Corp. (KEPCO) headquarters in Seoul on April 10. The nation observed the 48 anniversary of Electricity Day at Korea Electric Power Corp. (KEPCO) headquarters in S…
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A consortium led by Korea Electric Power Corp. (KEPCO) has been awarded a large-scale coal-fired thermal power plant project in Vietnam, valued at $2.3 billion (some 2.6 trillion won), outbidding foreign rival utility consortia.
KEPCO became the final successful bidder of an international bidding f…
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Participants at the 28th Korea Atomic Industrial Forum-Korea Nuclear Society (KAIF-KNS) Annual Conference look at the exhibits at the 2013 Nuclear Industry Exhibition in Jeju on April 14. They include Korea Hydro & Nuclear Power Co. President Kim Kyun-seop; KEPCO E&C Pres…
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Top executives led by President Suh Moon-kyu of Korea National Oil Corp. push buttons declaring the Vision 2020 in a ceremony for the 34th anniversary on March 4 this year.Korea National Oil Corp. (KNOC) celebrated its 34th anniversary on March 4 in a ceremony declaring its new vision, say…
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Korea District Heating Corp. (KDHC) has surpassed 1 trillion won in market capitalization.
KDHC said on April 3 that the company saw market capitalization top the 1 trillion won mark during March, riding on KDHC’ s posting of a record high performance in 2012 and foreign investors’purchase of sha…
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SK Group celebrated 60 years on April 8 since its late founder Chey Jong-gun started the Sunkyung Textile Co. in April 1953 when he was just 28 years old and barely three months before the end of the Korean War.
The anniversary ceremony took place at SK Academy in Yongin, Gyeonggi Province, led by …
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These are the types of the offshore oil drilling and floating storage facilities involved in the project that Hyundai Heavy Industries clinched recently from Total Oil of France for $2 billion. Hyundai Heavy Industrial Co. clinched a marine plant construction project worth $2 billion …
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Hyundai Oilbank holds a dedication ceremony for its second BTX plant in the Daesan Oil Refinery Complex in Daesan, South Chungcheong Province on April 3 with top executives including President Kwon Oh-gap, and Chairman Kimura Aichi of Cosmo Oil of Japan, the joint-venture pa…
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President Hong Beom-sik of LG Uplus. (Photos: LG Uplus)LG Uplus said on Oct. 23 that a paper on its in-house developed Generative AI technology “ixi-GEN” was recognized by EMNLP 2025, one of the world’s top natural language processing (NLP) confer…
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LG Uplus CISO and CPO Hong Kwan-hee explains security-first strategies at a meeting on security strategies at LG Uplus office building in Yongsan, Seoul, on July 29. (Photo: LG Uplus)LG Uplus has unveiled “U-Dok Pick AI,” combining a variety of AI …
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CEO Kim Young-shub of KT. (Photos: KT)KT said on June 12 that Palantir Chief Revenue Officer Ryan Taylor visited Korea and executives and staffers from both sides discussed the direction of specific strategies. Palantir is a software platform de…
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President Park Yoon-kyu of the National Industry Promotion Agency poses with WIS Innovation Awards winners at an awards ceremony on the sidelines of 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. (Photo: NIPA)2025 Wo…
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