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Executive Vice Chairman Jeong Man-ki of Korea International Trade Association (KITA) delivers a speech at the 23rd New Industry Trade Meeting at COEX in Samseong-dong, Seoul, on March 30. Attendees include Deputy Minister for Trade Jeong Dae-jin of the Ministry of Trade, Industry and Energy, Aso Cem…
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Chairman Kim Ki-moon of the Korea Federation of SMEs (KBIZ) receives a certificate of election after he was reelected for his fourth term at the 61st General Meeting at KBIZ headquarters in Yeouido, Seoul, on Feb. 28. Chairman Kim Ki-moon of the Korea Federation of SMEs (KBIZ) was reelected for…
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Samsung Electronics’ foundry business has entered the car self-driving semiconductor market. Samsung Electronics, a world leader in advanced semiconductor technology, and Ambarella, an edge AI semiconductor company, said on Feb. 21 that Samsung’s foundry business is providing its 5-nanometer …
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Hyundai Motor’s next-generation EV car Ioniq 6. (Photo: Hyundai Motor Group)Hyundai Motor Company’s IONIQ 6 has been named among the top three finalists across three categories in the 2023 World Car Awards. Hyundai IONIQ 6 is among the finalists for 2023 World Car of the Year, 2023 World Elec…
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CJ CheilJedang posted 18.7 trillion won in sales in 2022, up 19.3 percent year-on-year, and 1.2 trillion in operating profit, up 7.6 percent year-on-year on the back of the continuous rise of its global businesses, such as “K-food” and biotech. The figures excluded CJ Logistics.CJ CheilJedang…
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HD Hyundai Chairman Kwon Oh-gap poses with Minister Lee Chang-yang of the Ministry of Trade, Industry and Energy after the former was presented with the Order of Industrial Merit, Gold Tower at a ceremony to celebrate the 50th anniversary of Commerce Day at the Korea Chamber of Commerce and Industry…
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A view of three new products under the lineup “Anjuya Meoktaeyeolpung,” released by Daesang Chungjungone in an easy-to east format. Daesang Chungjungone launched new products under the lineup “Anjuya Meoktaeyeolpung” — “Meoktaeyeolpung Ganjang Teriyaki,” (soy sauce) “Meoktaeyeolpun…
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A view of Sulwhasoo’s First Care Activating Serum VI.Amorepacific is expected to fully overcome the sagging business caused by the COVID-19 pandemic. As the beauty market is mounting a comeback, Amorepacific saw its operating profit for the 4th quarter of 2022 surge more than 40 percent over t…
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Chairman Park Sung-hyo of the Small Enterprise and Market Service (SEMAS) explains on policy support to traditional markets and listens to demands from representatives of the Daejeon Central Traditional Market on Jan. 11.The Small Enterprise and Market Service (SEMAS) has been highlighted as a stron…
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Samsung Electronics chalked up 302.23 trillion won in sales last year, representing the best-ever annual business performance, renewing a record previously set in 2021. Samsung Electronics on Jan. 31 reported financial results for the fourth quarter and the fiscal year 2022.The company posted 7…
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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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