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Chairman Kim Seung-youn of Hanwha Group.
Hanwha Business Group unveiled its 2016 business plan, which calls for 3.4 trillion won in investments and 65.7 trillion won in sales this year, up 9.1 percent over 2015.
The 2016 business plan was finalized during a meeting of CEOs of the business group’s…
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President Huh Soo-young of Lotte Chemcial Corp.(Photo:Lotte Chemcial)
Lotte Chemical Corp. posted an operating profit of 1.611 trillion won in 2015, up 359.6 percent year-on-year with net profit rising to 990.7 billion won, up 589.6 percent YoY, the company said recently.
Total sales reached 11.71…
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LG U+ Vice Chairman Kwon Young-soo.
LG U+, which has designated the Internet of Things (IoT) as a new growth engine, is stepping on the gas to explore new services in the IoT sector, penetrating people’s daily lives.
With determination and concentration, LG U+ has a strategy to walk the walk in s…
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Vice Chairman Park Jin-soo of LG Chem.
LG Chem will make substantial investments in its R&D, expanding it from 600 billion won now to 900 billion won annually in 2018, and increasing the number of research staff by 1,000 in 2018, Vice Chairman Park Jin-soo said recently.
The research activitie…
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OCI Materials has changed its name to SK Materials, aiming to make a fresh start under the wing of SK Business group.
OCI Materials held an extraordinary shareholders’ meeting on Jan. 16 to approve the name change to SK Materials and appoint SK Corp. President Cho Dae-shik and Executive Vice Presi…
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Vice Chairman Chung Ui-sun of Hyundai Motor Group introduces the G90 at Detroit Motor Show on Feb. 12 in Detroit, Michigan, in the U.S.(Photos:Hyundai Motor)
Hyundai Motor Co. posted around 6 trillion won in net profit in 2015, the lowest in five years. The fourth quarter’s operating profit fell 1…
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President Hong Won-pyo of Samsung SDS Solution Division gives a key-note speech at the CES 2016.
Samsung SDS is accelerating efforts to secure markets ahead of other rivals by accumulating patents. In particular, the company is trying to diversify its registration of patents with a focus on foreign…
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Vice Chairman Lee Jay-yong of Samsung Electronics.(Photo:Samsung Electronics)
Samsung Electronics said its revenue in 2015 amounted to 200.650 trillion won, despite a slowdown in the global IT market. The electronics firm’s annual sales exceeded 200 trillion won for the fourth year in a row.…
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Hyundai Oilbank President Moon Jong-bak.
The oil industry became one of the few big industries that ended 2015 with a big smile with operating profit skyrocketing to 4.8 trillion won, the second-highest figure in its history, while many other industries struggled due to the economic slump at home a…
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CEO Nasser Al-Mahasher of S-Oil.(Photo:S-Oil)
President Nasser Al-Mahasher of S-Oil Corp recalled that the oil refinery accomplished a great deal last year in its operational areas, despite the difficult global economy including the steep fall in the price of oil prices. He said management was tigh…
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President Cho Won-yong of the Gyeonggi Tourism Organization (GTO). (Photos: GTO)The Gyeonggi-do provincial government and the Gyeonggi Tourism Organization (GTO) will hold the Gyeonggi Sea Drone Show at the Wavepark area in Siheung Turtle Island from…
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The 2025 Incheon FESTA Every Night, which took place in Songdo from June 20 and June 29, attracts a large throng of spectators. (Photo: Incheon Tourism Organization)The 2025 Incheon Pentaport Rock Festival, celebrating its 20th anniversary, successfu…
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The Jeollanam-do provincial government has selected tourist spots recommended for the month of July, including (from top) Topmeori Beach in Muan, Gamami Beach in Yeonggwang and Gagae Beach in Jindo. (Photos: Jeollanam-do)The Jeollanam-do provincial g…
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A poster to promote the 39th Icheon Ceramic Festival, which took place in Icheon City from April 25 to May 6. The 39th Icheon Ceramic Festival saw visitors top 1 million cumulatively on May 6, marking a major milestone 12 days after Icheon’s re…
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