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Business/Company
Samsung SDS, the nation¡¯s largest IT service provider, has decided to jointly set up a ¡°cloud innovation lab¡± with the world¡¯s largest software company, Microsoft. On top of Samsung SDS, LG CNS and SK E&C, two of the Big Three Korean IC service providers are scrambling to forge cloud allia¡¦
Hyundai Heavy Industries (HHI) Group, the world¡¯s largest shipbuilding company, announced on July 26 that it secured 1 trillion won to date this year as a part of the 3.5 trillion won Management Improvement Plan it has been implementing since June 2016 in an effort to rebuild trust in the market ¡¦
President Koh Dong-jin of the Wireless Business Sector of Samsung Electronics Co. explains recently the  Galaxy S8 handphone model just put on the market by the electronics giant.(Photo: Samsung Electronics) Samsung Electronics kept its position as second biggest intellectual property rights r¡¦
The CEO of a tertiary cooperative company of Hyundai Motor worried about additional costs following the government¡¯s decision to raise the country¡¯s minimum wage.  But he was soon relieved upon hearing the news that Hyundai Motor and Kia Motors would provide financial support to their seco¡¦
Key executives of Hyundai Motor and Hyundai Capital, the two core affiliates of Hyundai Motor Group, hold a copy of MOU they signed to jointly enter the car sharing service on Aug. 6 through Deal Car, a joint-venture firm. Hyundai Motor and Hyundai Capital, two affiliates of Hyundai Motor Group, ha¡¦
POSCO Chairman Kwon Oh-joon POSCO has once again been named the world¡¯s No. 1 steelmaker. Global steel information service provider World Steel Dynamics (WSD) announced the World-Class Steelmaker Rankings on June 13 in New York. POSCO has topped the list as the world¡¯s best steelmaker for the eig¡¦
Japan Lotte Holdings held a regular shareholders¡¯ meeting on June 24 in Japan to approve a reshuffle retaining Lotte Group Chairman Shin Dong-bin (center) and eliminating (left Lotte Group founder Shin Kyu-ho and ex-vice chairman Shin Dong-ju. Lotte Group founder Shin Kyuk-ho has stepped down from¡¦
LSIS Chairman Koo Ja-kyun. LSIS Chairman Koo Ja-kyun urged his company¡¯s team leaders to purse a newly defined leadership tailored to meet members¡¯ needs, rather than being ¡°committed to unconditional loyalty to the company.¡±  LSIS Chairman Koo participated in a leadership enrichment symp¡¦
KT Chairman Hwang Chang-gyu gives a lecture on KT¡¯s GiGAtopia at Harvard Business School last Sept. 20. (Photo: KT) KT¡¯s intelligent, integrated energy management system is to be selected as a case study as part of educational materials at Harvard Business School in September.  Prof. Forest¡¦
Hanwha Group Chairman Kim Seung-youn inspects Hanwha Q Cells¡¯ photovoltaic power cell plant in Jincheon, Chungcheongbuk-do, on July 5. In February 2015, Hanwha Group consolidated its two photovoltaic power units, Hanwha Q CELLS and Hanwha Solarone, into a single entity named Hanwha Q CELLS. Hanwha¡¦
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Policy/Politics
President Jeong Yong-sik of the Korea Transportation Safety Authority (TS) speaks at a ceremony to declare an accident-free integrated campaign at Seoul Railroad Station on April 30, 2025.Traffic accidents have been reduced by 19 percent thanks to th¡¦
MOTIR Minister Kim Jung-kwan, Woori Bank President Jeong Jin-wan and K-SURE Chmn. Jang Young-jin attend a ceremony to sign an MOU to expand a 3 trillion won productive-finance program for exporters at K-SURE headquarters in Jongno-gu, Seoul, on April¡¦
KOTRA President Kang Kyung-sung shakes hands with Olli Ruutu, Finland¡¯s director general of resource policy and national armaments director, after they struck a government-to-government deal to export K9 self-propelled howitzers to Finland in Helsin¡¦
President Kim Deok-ho of the Agency for Korea National Food Cluster joins agency officials to cut the cake at a ceremony to celebrate its 15th anniversary on April 3. (Photos: Agency for Korea National Food Cluster)Agency for Korea National Food Clus¡¦


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