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Spectators crowd Hyundai Mobis’ pavilion in which the automotive parts maker showed advanced technologies at CES 2022 in Las Vegas, the United States in January. (Photos: Hyundai Mobis)Hyundai Mobis is accelerating efforts to ramp up its presence in the European Market, with advanced technologies f…
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LS ELECTRIC CTO Kim Young-geun shakes hands with Stephan Litjens, vice president of Nokia’s global enterprise solutions after LS ELECTRIC signed a deal to acquire Nokia’s ALO. (Photos: LS ELECTRIC)LS ELECTRIC acquired the power plant asset analytics platform ALO from Nokia. The acquisition may be …
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A view of Korean Air Boeing 737-8. (Photos: Korean Air)Korean Air Chairman Cho Won-tae.Korean Air has come forward to dispel concerns that overseas competition authorities’ scrutiny of the airliner’s merger with Asiana Airlines might be delayed or disrupted. Korean Air said the airliner has b…
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The global semiconductor market is predicted to grow about 11 percent this year despite the effects of the reverse base effect of the best-ever business performance last year. The global semiconductor market saw a 24.6 percent jump last year. Three survey institutions readjusted their earlier o…
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A whole view of the headquarters of the Korea Federation of SMEs (KBIZ), celebrating the 60th anniversary. The Korea Federation of SMEs (KBIZ), celebrating its 60th anniversary, held a variety of events in 17 provinces and cities across the nation on the occasion of the 34th SME Week, which too…
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Spectators watch photos they took with Galaxy S22 via the NEO QLED 8K to demonstrate “Team Samsung Life,” a realization of differentiation daily life based on the connectivity of gadgets at the World IT Show 2022. (Photo: Samsung Electronics)Samsung Electronics showcased “Team Samsung Life,” a r…
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Chairman Chung Eui-sun of Hyundai Motor Group. (Photos: Hyundai Motor Group)Hyundai Motor saw Q1 sales and operating profit rise despite uncertainties such as vehicular chip shortages and parts supply-demand imbalances, launched by China. At a conference call at Hyundai Motor headquarters in Se…
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A bird’s eye-view of “VL Osiria,” a first silver town under the brand VL, to be built in Gijang, Busan. (Photo: Lotte Hotel)Lotte Group, setting the silver industry as its future growth engine, is stepping on the gas to explore the silver market. Lotte Hotel will be the industry’s first com…
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CJ Cheiljedang achieved its best-ever quarterly business performance on the back of the growth of its global business. CJ Cheiljedang posted 4,318.6 billion won in sales, excluding those of CJ Logistics, in the first quarter of this year, the company said on May 9. The figure represents a …
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Dongwon Group will be restructured, with Dongwon Industries emerging as the new holding company of the group. Dongwon Group submitted to the Korea Exchange on May 7 an application to have the listed Dongwon Industries absorb the unlisted Dongwon Enterprise, the current holding company of the group.&…
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On May 27, Shinhan Bank President Jung Sang-hyuk poses for a photo with KBO Commissioner Heo Gu-yeon after signing an agreement at KBO Hall in Gangnam-gu, Seoul. (Photo : Shinhan Bank)Shinhan Bank announced on June 12 that it has launched the “Succe…
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Yang Jong-hee, chairman of KB Financial Group pose for a commemorative photo with Yoon In-dae, deputy minister of economy and finance at the Value-Up Company Awards in Seoul, on May 27. (Photo : KB Financial Group)KB Financial Group received the Exce…
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On May 30, Lee Chan-woo, chairman of NongHyup Financial Group poses for a photo with Park Il-young, president of Korea Investment Corporation after inking an agreement on a joint investment in overseas private equity funds at NongHyup Financial Group…
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Yim Jong-yong, chairman of Woori Financial Group, poses for a photo with the first-place team at Woori Financial Dream Round held at Seowon Valley Country Club in Paju, Gyeonggi-do on April 22. (Photo : Woori Financial Group)Woori Financial Group’s …
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