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Chairman Huh Chang-soo of GS GroupGS Group has promised to create more quality jobs by making investments in a bid to prepare for future changes to the economic landscape. During the group's in-house meeting at GS Tower in Seoul, where about 150 executives participated, GS Group Chairman Huh Chang-s…
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Samsung Electronics Vice Chairman Lee Jay-yong.Samsung Electronics’ semiconductor business posted the highest-ever ratio of operating profit to sales of more than 60 percent for the 1st quarter of this year, leading the company to its best-ever business performance. As demand for DRAMs and NAND Fla…
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Chairman Lee Jay-hyun of CJ GroupChairman Lee Jay-hyun’s vision to make CJ Group the “World Best CJ” was given a shot in the arm with CJ Cheiljedang ending 2017 by recording annual sales topping 2 trillion won.The company got help from the sales of its green bio products, including lysine, trypto…
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Chairman Lee Jay-hyun of CJ Group. (Photo: CJ Group)CJ Group has been stepping up its moves to conclude more M&As after declaring its “Great CJ Vision,” targeting 100 trillion won in annual sales by 2020. The group will target North America, China and Southeast Asia to take over firms to boost…
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AmorePacific Chairman Suh Kyung-bae.AmorePacific opened an art museum at its new headquarters building in Yongsan, Seoul, on May 3. The opening of the AmorePacific Museum of Art takes on significance to AmorePacific Chairman Suh Kyung-bae, who had once dreamed of becoming an art critic.Chairman Suh …
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Toray Advanced Materials Korea (TAK) Chairman Lee Young-kwan attends a meeting on the development of Saemangeum in which the Ministry of Land, Infrastructure and Transport (MOLIT) presided over at the Saemangeum Public Relations Center on March 16. (Photo: MOLIT)Toray Advanced Materials Korea (TAK) …
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KGC officials explain CheongKwanJang Plus and other products to buyers visiting KGC’s booth at in the 2018 TFWA World Exhibition & Conference that took place in Singapore from May 6 to May 10. The Korea Ginseng Corp. (KGC) participated in the 2018 TFWA World Exhibition & Conference that too…
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Hyundai Mobis test-operates its own radar technology, whose development is to be finished soon. (Photo: Hyundai Mobis)Hyundai Mobis, completing its own development of radar technology this year, is accelerating efforts to secure core technologies for self-driving cars, company officials said. The co…
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Vice Chairman Park Jin-soo of LChem.LG Chem will invest 240 billion won to establish a joint venture with the world’s No. 1 cobalt refinery. The move is designed to secure a stable supply of cobalt as one of key raw materials for producing EV batteries. Cobalt prices have surged. LG Chem said on Ap…
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A view of Kumho Petrochemical’s second energy plant in Yeosu.Kumho Petrochemical shares have shown signs of rising on the back of the company’s better-than-expected 1st quarter business performance. Kumho Petrochemical shares closed at 109,000 won on May 3, up 500 won or 0.64 percent center over t…
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Chairman Joo Young-jin, former chief of the National Assembly Budget Office, recently elected as chairman of the Korea Parliamentary Research Institute. (Photos : Korea Parliamentary Research Institute)Joo Young-jin is a recognized legislative b…
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Koo Ja-hong, the late first chairman of LG Group, died of 77 on Feb. 11.LS Nikko-Copper Chairman Koo Ja-hong, who shepherded the growth of LS Group, succumbed to a chronic disease he had been suffering from. He was 75. Chairman Koo, born in Jiny…
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By Park Jong-sun, a former professor with Jeonju University and ex-Korean consulate general in Qingtao, China.The global economy posted a high growth rate of 5.5 percent, as each country around the world employed expansionary fiscal and currency poli…
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Honorary Chairman Kim Jae-chul of Dongwon Group discusses on AI with KAIST President Lee Kwang-young at a talk show at KAIST’s main campus in Daejeon on April 2.Honorary Chairman Kim Jae-chul of Dongwon Group was once an old hand who had contributed…
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