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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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POSCO Chairman Choi Jeong-woo.POSCO has launched the #SteelSaveEarth drive to make the sustainability of steel known to the public. The campaign is designed to publicize steel as an environmentally viable material, especially when the life-cycle assessment is taken into account, which assesses the e…
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President Kim Tae-kyun of KEPCO E&C. (Photos: KEPCO E&C)KEPCO E&C struck a contract for the design of power supply equipment for the Yongin Datacenter and auxiliary equipment with KAAM Square Yongin datacenter PFV Co. on March 27, the com…
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The official homepage of “Wise Electric Life” (Photo: KPX)The Korea Power Exchange (KPX) announced that it has officially launched “Wise Electric Life,” an energy-saving platform that comprehensively compiles previously scattered energy service i…
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Chairman Park Gee-won of Doosan Enerbility. (Photos: Doosan Enerbility)Doosan Enerbility is accelerating efforts to expand its SMR production capacity to meet a surge in demand for SMRs abroad.Doosan Enerbility plans to launch a project to build a pl…
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President Kim Hong-yeon of KEPCO KPS poses with CEO Jakfar Sadiq OF PLN NPS after they struck an MOU to win orders on improving the performance of the aging power plants and new projects on Feb. 24. (Photo: KEPCO KPS)KEPCO KPS struck an MOU with Indo…
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