Chairman Christopher Koo of LS Group.(Photo:LS Group) Chairman Christopher Koo of LS Group visited the Wuxi Industrial Complex in Wuxi, Jiangsu Province, China, along with key executives of the group’s affiliates, including LS Cable, LSIS and LS Emtron last May. The complex has been the group’s o…

Chairman Lee Jay-hyun of CJ Group. CJ Group in going overseas to find future growth engines, even though its top manager is absent from the group’s management while he awaits court sentencing.  The group has been engaged in M&As at home and abroad to ensure its future survival with the m…

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…

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…

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…

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…

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…

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…

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…