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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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An image of cacao chocolate products, released by Lotte Confectionery. (Photos: Lotte Confectionery)Global renowned scholars revealed diverse and affluent effects of Cacao. Cacao’s polyphenols has become the subject of concern among consumers from a long time ago. A recent report, citing the U…
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Crew members wash Boeing 747-8i aircraft at Korean Air’s hangar as the airliner is preparing for a rise in passengers who make overseas trips. Korean Air achieved its best-ever operating profit in the first quarter of this year by meeting rising flight transportation demand amid supply chain i…
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CEO Yang Dong-gi of Hyosung Heavy Industries. (Photo: Hyosung Heavy Industries)GalaxiaMoneytree, an IT subsidiary of Hyosung Group, inaugurated “GalaxiaNext.” The newly inaugurated corporate entity is planning its detailed business direction, but it is predicted to implement a new business re…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group recorded a net profit of 1.1324 trillion won in the third quarter, a 2.1% decrease from the same period of 2024. Its cumulative net profit for the …
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group announced its Q3 2025 business results on Oct. 30. Despite declining interest rates, KB Financial Group’s third-quarter net income reached 1.686 trilli…
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President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on Nov. 3 that it will pilot its AI Moli Bank Service. AI Moli Bank is a digital bank branch powered by the core technologies and operational know-how of Shin…
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NongHyup Financial Group holds the “Love Kimchi Sharing” Event in Wangdaechu Village, Hongcheon-gun of Gangwon Province with the participation of NongHyup Chairman Lee Chan-woo, employees and villagers on Nov. 11. (Photo: NongHyup Financial Group)N…
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