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President Kang Dal-ho of Hyundai Oilbank. (Photo: Hyundai Oilbank)Hyundai Oilbank posted a record Q2 operating profit of 154.4 billion won, up 53.2 percent on quarter, the oil refinery said on July 25. The results were attributed to sales worth 5.319,6 trillion won, up 3.5 percent on quarter. T…
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Hyundai Motor Group Executive Vice Chairman Chung Eui-sun. (Photos: Hyundai Motor Group)Hyundai Motor released the Kona Hybrid, the automaker’s first hybrid SUV, in Korea. Hyundai Motor put on the market Koa Hybrid and 2020 Kona (gasoline and diesel) on Aug. 7. “The Kona, which made its debut in 2…
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Samsung SDS President Hong Won-pyo shakes with CMC Chairman Ngyen Trung Chinh after Samsung SDS signed a contract on strategic investments with CMC, Vietnam’s second largest IT service provider, on July 26. (Photo: Samsung SDS)Samsung SDS plans to enter the Vietnamese market by making the most of a…
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A scene from a ceremony to kick off construction of the copper foil plant in northeast Hungary’s Tatabanya Industrial Complex attended by a slew of dignitaries from Hungary and Korea led by Minister Szijjarto Peter of the Ministry of Foreign Affarrs and Trade, Korean Amb. Choi Kyu-shik to Hungary, …
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Chairman Lee Jay-hyun of CJ Group.The film “Parasite,” which won the top award, the Palm d’ Or, at this year’s Festival de Cannes, let the entire world know of the value of Korean movies and their global position. That in turn boosted the prestige of Korean culture around the world, said Chairma…
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Hyosung Group Chairman Cho Hyun-joon and Saudi Aramco CEO Amin H. Nasser sign n MOU on carbon fiber production at Conrad Hotel in Yeouido, Seoul, on Jun 25.Hyosung Group has decided to inaugurate the group’s integrated production technology center.The integrated production technology center is in c…
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POSCO Chairman Choi Jeong-woo, executives and staffers attend a ceremony to mark the first anniversary of declaring corporate citizenship as a management tenet, and declare a new chapter of corporate citizenship at POSCO headquarters in Pohang on July 25. (Photos: POSCO)POSCO Chairman Choi Jeong-woo…
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An artist conception of “Exynos 9630,” to be produced by Samsung Electronics.A view of the 108 megapixel (Mp) mobile image sensor, introduced by Samsung Electronics. (Photos: Samsung Electronics)Samsung Electronics is poised to release a 5G chipset that combined 5G mobile telecom modem and mobile …
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Hyundai Motor Group Executive Vice Chairman Chung Eui-sun. (Photos: Hyundai Motor Group)A view of Hyundai Motor SUV Palisade.Hyundai Motor rejoined the club of companies earning 1 trillion won in operating profit in the second quarter on the back of a strong dollar (a weak won) and the release of ne…
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SK Group Chairman Chey Tae-won presides over an emergency meeting of group subsidiary CEOs on Japan’s export curbs on Korea on Aug. 5. (Photo: SK Group)SK Group Chairman Chey Tae-won convened an emergency meeting of group subsidiary CEOs on Aug. 5 to look at the implications Japan’s retaliatory ex…
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CEO Hur Sae-hong of GS Caltex talks with GS Caltex staff members at GS Tower in Gangnam-gu, Seoul. (Photo: GS Caltex)GS Holdings said in an electronic notice released on May 13 that the holding company of GS Group posted 6,842.4 billion won in revenu…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)S-OIL chalked up more than 1.2 trillion won in operating profit on the back of inventory profit, caused by crude oil price hikes for the first quarter of this year, in results that surprised analysts.Pr…
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Chairman Chang Sae-joo of Dongkuk Steel Group. (Photos: Dongkuk Steel Group)Dongkuk Steel announced on April 24 that it posted sales of 857.2 billion won, an operating profit of 21.4 billion won, and a net profit of 6.2 billion won in the first quart…
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Chairman Park Gee-won of Doosan Enerbility. (Photos: Doosan Enerbility)Doosan Enerbility said on April 23 that major Doosan Enerbility executives, including Chmn. Park Gee-won, embarked on efforts to promote cooperation to participate in a new power …
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