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U.S. President Joe Biden shakes hands with Hyundai Motor Group Chairman Chung Eui-sun at an outside plaza of Grand Hyatt in Yongsan, Seoul, on May 22. Chairman Chung announced a plan to invest $5 billion in areas such as robotics and AI in the United States by 2025. (Photo: Hyundai Motor)Hyundai Mot…
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Notables, including Lee Hyung-chul, KR Chairman and CEO, and Dir.-Gen. Chung Tae-sung in charge of maritime safety at the Ministry of Oceans and Fisheries, attend a ceremony to inaugurate KR-Integrated Survey Center (ISC) at the company’s headquarters in Busan on April 28. (Photo: KR)Korean Registe…
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Lotte Group Chairman Shin Dong-bin and Lotte Chemical Vice Chairman Kim Kyo-hyun look around Every Step for Green” exhibition organized by Lotte Chemical at the Arena Plaza of Lotte World Tower on May 19. (Photo: Lotte Group)Lotte Group announced a plan to invest 37 trillion won in the next five ye…
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CJ Chairman Lee Jay-hyun discloses CJ Group’s new vision at a video, released to his executives and staff members last December. (Photo: CJ Group)CJ Group will pour 20 trillion won into future business areas, such as content and food, over the next five years in Korea. The investment amount is the …
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LS Group Chairman Koo Ja-eun makes an inspection tour into LS ELECTRIC’s smart factory in Cheongju, Chungcheongbuk-do, designed as one of the 2021 lighthouse factories during WEF’s Global Lighthouse Network Annual Meeting 2021. (Photo: LS Group) LS Group decided to invest 10 trillion won in f…
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LG Chem CEO Shin Hak-cheol speaks at the ‘BC (Business & Campus) Tour’ at the Steigenberger, Germany. (Photo: LG Chem)LG Chem announced a joint venture on May 31 with Tianjin B&M Science and Technology (B&M), a subsidiary of China’s Zhejiang Huayou Cobalt (Huayou Cobalt) that speciali…
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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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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…
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“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…
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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…
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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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