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New products of the 2018 OLED TV, to be put on the market by Samsung Electronics in May, are displayed at the First Look 2018 Korea held at its Seocho building in Seoul on April 17. (Photo: Samsung Electronics)Samsung Electronics has launched a marketing offensive to target the domestic super large …
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Hyundai Mobis, seeking to be a top holding company of Hyundai Motor Group, comes up with ambitious plan to raise sales to 44 trillion won by 2025. (Photo: Hyundai Mobis)Hyundai Mobis, seeking to be a top holding company of Hyundai Motor Group, unveiled an ambitious plan to raise sales to 44 trillion…
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Vice Chairman Park Jin-soo of LChem.LG Chem had the greatest quarter in its history in terms of sales in the first quarter this year, rising to 6.553,6 trillion won, up 66.9 billion won YoY, the company said on April 30.President Chung Ho-young and Chief Financial Officer attributed the outstanding …
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KT&G President Baek Bok-in.(Photo: KT&G)
KT&G President Baek Bok-in has been reelected for a 3rd term despite opposition from the company’s second largest shareholder, Industrial Bank of Korea (IBK). President Baek suffered a setback with opposition from IBK, but his reelection was app…
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“Cheon Nok Jung Every Time” is a deer antler extract product that people can carry with ease. KGC’s brand Cheon Nok logged 100 billion won in accumulated sales in three years since it was launched in December 2014. (Photo: KGC)
The Korea Ginseng Corp. (KGC)’s “Cheon Nok” that made its debut i…
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A general view of Wine Korea in Yeongdong, Chungcheongbuk-do. A view of Wine Korea’s foot bath tubs.The facade of Wine Korea headquarters decorated with breath-taking fall foliage.A view of the entrance of Wine Korea headquarters.
Wine Korea is Korea’s representative winery based in Yeongdon…
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POSCO Chairman Kwon Oh-joon declares a vision to become a centennial group in celebration of the 50th anniversary at POSTECH Gymnasium on April 1. (Photo: POSCO)
POSCO, celebrating its 50th anniversary on April 1, declared a new vision to become a centennial group, aiming to post 500 trillion won i…
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Samsung Electronics Vice Chairman Lee Jay-yong. (Photo: Samsung Electronics)
Samsung Group celebrated its 80th anniversary on March 22, but the group did not hold a ceremony. The group has maintained a low profile as it has been victimized by “Samsung bashing” by some political parties and media …
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Hyundai Motor Group Chairman Chung Mong-koo.
Hyundai Motor Group announced on March 28 a plan to improve a corporate governance structure by making Hyundai Mobis a virtual holding company of the group and easing cross-shareholdings.
The plan calls for disposing Hyundai Motor Group Chairman C…
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Lotte Chemical President Kim Gyo-hyun. (Photo: Lotte Chemical)
Lotte Chemical, one of the nation’s top petrochemical companies, is focused on field management, with the goal of setting a milestone ― surpassing 3 trillion won in operating profit.
In particular, Lotte Chemical President Kim …
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won projec…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagno…
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