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Lee Ung-sang, head of SK Telecom’s Global Business Division, shakes hands with Telkom Indonesia CISO Indra Utoyo after signing an MOU on IoT at the latter’s company in Jakarta on May 12. (Photo:SK Telecom) True to the theme “Play the Platform,” SK Telecom introduced diverse platform services at…
Chairman Koo Bon-moo of LG Group. Chairman Koo Bon-moo of LG Group said the group has to boost its profit-making structure to cope with changes in the market, noting that they can no longer wait on the sidelines. The chairman made the announcement after CEOs discussed the global strategy of the gr…
A photo of World Cones, an ice cream cone, which has long been the top-selling ice cream cone in Korea for many years put out by Lotte Confectionary and celebrated the 30th anniversary of its introduction in the market in March 1986.(Photo:Lotte Confectionary) Lotte Confectionary’s World Cone, an …
President Koo Ja-eun of LS Cable and System. The share price of LS Co. shot up by 20.8 percent thanks to excellent performances of its affiliates brought about by their well-conducted restructuring on a timely basis. The LS Group affiliate’s share price fell as low as 30,000 won per share last Au…
Hanmi Pharm President & CEO Lee Gwan-sun (Photo:Hanmi Pharm) Hanmi Pharm was at the center of the Korea pharmaceutical and bio industry last year. Starting with a license-out agreement with the global pharmaceutical company Eli Lilly in March, Hanmi Pharm signed deals with Boehringer Ingelheim,…
LG U+ Vice Chairman Kwon Young-soo  A housewife, whose name is Lee Chae-yeon, has installed the “IoT DoorCam,” and the “IoT DoorLock” at the entrance of her house recently. She can confirm the identity of any visitor via her smartphone outside or make a video call with the visitor.&nb…
Vice Chairman Chung Chul-khil of SK Innovation.(Photos:SK Innovation) SK Innovation is planning to increase production capacity by 50 percent for LiBS (Lithium Battery Separator), which is a major component of secondary batteries. Based on a yearly output, SK Innovation plans to increase productio…
Hyundai Motor Vice Chairman Chung Eui-sun shakes hands with CEO Chuck Robbins of Cisco after Hyundai Motor and Cisco Systems Inc. agreed to jointly develop connected car technologies at the Hyundai Motor building in Yanjae-dong, Seoul, on May 19. (Photos: Hyundai Motor Group) Hyundai Motor will joi…
Chairman Kwon Oh-joon of POSCO. (Photo:POSCO) POSCO Humans, a company set up by the steel giant POSCO, has been working on not only expanding job opportunities for the people from poor families, but maintaining their jobs as well.  The company was launched after the merger of PosWith, an affi…
Samsung Electronics Vice Chairman Lee Jay-yong (Photo:Samsung Electronics) Two years have passed since Samsung Group Chairman Lee Kun-hee left his role in management following a stroke he suffered on May 10, 2014. Samsung Electronics Vice Chairman Lee Jay-yong, heir-apparent and the sole son of Cha…
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Industry/Energy
Hyundai Motor Group Executive Chair Chung Eui-sun, POSCO Group Chmn. Jang In-hwa, Louisiana Governor Jeff Landry, Rep. Troy Carter, MOTIR Minister Kim Jung-kwan, U.S. Under Secretary of Commerce for International Trade William Kimmitt, and Hyundai St…
“XTeer,” an engine oil exclusively for hydrogen internal combustion engines, developed and supplied by HD Hyundai Oilbank. (Photo: HD Hyundai Oilbank)HD Hyundai Oilbank launched a drive to capture the hydrogen mobility lubricant market by developin…
Senior Executive Vice President Won Kwang-sik of HD Hyundai Heavy Industries (left) receives a plaque of appreciation from Pietro Barabaschi, Director-General of the ITER Organization (right), at the 'KOREA-ITER Fusion Day' event held in Cadarache, s…
President Kim Hoe-chun of Korea Hydro & Nuclear Power (KHNP) and Claude Imauven, Chairman of the Board of Directors, exchange a letter of intent on long-term cooperation in the uranium enrichment sector the two companies struck as President Lee J…


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