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Park Jung Ho, CEO of SK Telecom (left), shakes hands with Satya Nadella, CEO of Microsoft after they signed an MOU on May 7 for comprehensive cooperation in leading-edge ICT, including 5G, artificial intelligence (AI) and cloud. SK Telecom and Microsoft Corp. signed a memorandum of understanding (MO…
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Hankook Tire Group, has changed the name of its holding company and six major subsidiaries to an integrated branding system under Hankook, the company announced May 8.Holding group Hankook Tire Worldwide has changed its name to Hankook Technology Group, while its flagship company Hankook Tire change…
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President Park Chung-kook of Hyundai Mobis.Hyundai Mobis said March 5 that it has started incorporating artificial-intelligence (AI) technology into its manufacturing and supply operations to improve product quality and efficiency.The auto parts maker said it developed an algorithm to detect product…
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CJ Group Chairman Lee Jay-hyun. / Lee Sun-ho, a general manager of CJ Cheiljedang. / CJ ENM Vice President Lee Kyung-hoo.CJ Group will spin off the IT business out of CJ Olive Networks and hand it over to CJ Corp., the holding company of the group. In the upcoming process, Lee Sun-ho, a …
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President Yang Chang-soo of COSMOCOS and Claudia Murillo, director of Farmacia de Ahorror, pose after they participated in a ceremony to open its first outlet at the drugstore Farmacia de Ahorror in Monterrey, Mexico, on May 6. (Photo: COSMOCOS)COSMOCOS, a cosmetics company affiliated with KT&G,…
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LG Uplus Vice Chairman Ha Hyun-hoe.LG Uplus crew members are building a 5G telecom network line in Gyengpo, Gangwon-do. LG Uplus came up with a plan to build 80,000 base stations around the nation to stabilize 5G mobile telecom services by the end of this year.The telecom service provider plans to h…
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POSCO Chairman Choi Jeong-woo.Under the stewardship of Chairman Choi Jeong-woo, who took office as ninth chairman, POSCO has come up with the new vision “With POSCO” to ready itself with the new values that are needed to comply with demands of modern times and seek new pathways toward a centennial…
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Dongkuk Steel Vice Chairman Chang Sae-wook.Dongkuk Steel has agreed to improve its financial position together with business partners, POSCO and Vale. CSP Steelworks in Brazil is Dongkuk Steel’s joint venture that went on stream in 2016. Dongkuk Steel and POSCO have a 30 percent and a 20 percent st…
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Chairman Park Jeong-won of Doosan Group. (Photo: Doosan)Doosan Infracore Co., Korea’s leading construction equipment maker, said the company posted the largest profit in the first quarter in seven years, led by its affiliate Doosan Bobcat’s excellent growth in its operation in north America and it…
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Chairman John Koo. Chairman Koo of LS-Nikko Copper. LS-Nikko Copper, Korea’s largest nonferrous metal company, is accelerating efforts to pursue digital transformation with the goal of rising to a leading international metal leader.LS-Nikko Copper, a core unlisted subsidiary of LS Group, posted 7.4…
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Dignitaries, including National Assembly Speaker Woo Won-shik, President Kim Dong-cheol of Korea Electric Power Corp., and Vice Chmn. Kim Yong of Global Infrastructure Partners (GIP), participate in a ceremony to open the 10th Bitgaram International …
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Senior Executive Vice President Cho Seok-jin of Korea Hydro & Nuclear Power (KHNP) delivers a welcoming speech at the Future Tech Forum, a side event of the APEC 2025 Korea, at Gyeongju Arts Center on Oct. 30. (Photos: KHNP)Korea Hydro & Nucl…
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President Lee Jung-bok of Korea Western Power (KOWEPO) poses with KOWEPO officials after he received the presidential award at the Korea Carbon Neutrality and Green Management Grand Prix presentation ceremony on Nov. 7. (Photo: KOWEPO)Korea Western P…
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President Jeong Yong-ki of Korea District Heating Corp. (KDHC) delivers a commemorative speech at a ceremony to mark the 40th anniversary at KDHC headquarters in Seongnam City, Gyeonggi-do, on Oct. 31. (Photo: KDHC)Korea District Heating Corp. (KDHC)…
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