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Kim Yeon-gyeong, a renowned world-class volleyball star, who is the advertisement model of World Cone. (Photos: Lotte Confectionery)This year’s ice cream cone market is expected to get hotter than ever. Lotte Confectionary’s World Cone has demonstrated its standing as Korea’s representative ice c…
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Samsung Electronics Vice Chairman Kim Ki-nam, announces a plan to invest into Pyeongtaek Campus’s P3 Line in Gyeonggi-do at a session of reporting K-Semiconductor Belt Strategies at the Pyeongtaek Campus on May 13 as Minister of Trade, Industry and Energy Moon Sung-wook looks on. (Photo: Samsung El…
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Hyundai Motor posted 27.390.9 trillion won in sales and 1.656.6 trillion won in operational profit in the first quarter of this year by selling more than 1 million car units on the global market. The figures represent a 10 percent surge, an 8.2 percent rise and a 91.8 percent compared to the same pe…
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LG Chem rewrote its history by posting the best-ever quarterly business performance for the 1st quarter of this year. LG Chem logged 9.65 trillion won in sales and 1.408.1 trillion won in operating profit in 2021 Q1. The figures represent a 43.4 percent surge in sales and a 584 percent jump in opera…
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Dignitaries, including GM Chairman and CEO Mary Barra, LG Energy Solution President and CEO Kim Jong-hyun, and Tennessee Gov. Bill Lee pose at an event in which LG Energy Solution and GM announced a plan to set up a joint-venture EV battery plant in Tennessee on April 16. LG Energy Solution will inv…
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Lotte Group Chairman Shin Dong-bin exchanges views on officials with Lotte Fine Chemical’s plant in Incheon as he toured the work site on May 16. (Photos: Lotte Group)Lotte Group Chairman Shin Dong-bin stressed the need to invest in green materials and battery materials as the group’s future growt…
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Lotte Chemical suffered a major setback due to the spread of the COVID-19 pandemic and a fire-gutted Daesan plant last year. Entering the first quarter of this year, the chemical company has shown signs of a brisk recovery in its business performance. Thanks to the resumption of the Daesan plant in …
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A view of Bibigo Mandu and home meal replacement products on display at a U.S. large-scale shopping mall. (Photo: CJ Cheiljedang)CJ Cheiljedang announced its business performance for the first quarter of this year on May 10. In a consolidated financial statement, the company said it posted 1.178.1 t…
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LS Group Chairman Christopher Koo. (Photo: LS Group)In his New Year’s message, LS Group Chairman Christopher Koo urged his executives and staffers to implement four core tasks: creating steady cash flows, accelerating eco-friendly and future growth businesses, ramping up overseas operations’ own b…
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Sulwhasoo’s “Jaeumsaeng” (Concentrated Ginseng Renwing)Sulwhasoo’s “Jinsul” (Timetreasure). (Photos: Amorepacific)Amorepacific Group issued an electronic filing in which the group posted 1.387.5 trillion won in sales and 197.7 billion won in operating profit in the first quarter of this year. …
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President Song Myung-joon of HD Hyundai Oilbank. (Photos: HD Hyundai Oilbank)HD Hyundai Oilbank said the company will supply “Xteer E-Cooling Fluid,” a liquid immersion cooling product, to Naver Cloud, accelerating a new business segment.HD Hyundai…
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Koo Bon-kyu, CEO of LS Cable & System, Virginia Gov. Glenn Youngkin and Chesapeake Mayor Rick West attend a ground-breaking ceremony for the construction of a large-scale factory by LS GreenLink, a subsidiary of LS Cable & System, in Chesapea…
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Chmn. Koo Ja-kyun of LS ELECTRIC speaks at a ceremony to dedicate “LS ELECTRIC Bastrop Campus” in Texas on April 14. (Photos: LS ELECTRIC)LS ELECTRIC has officially launched its initiative to target the North American power market by establishing a…
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John Phelan, Secretary of the US Navy, looks around a shipyard for specialized ships as he was escorted by Chung Ki-sun, Executive Vice Chairman of HD Hyundai, to observe operations and capabilities of the global industry leader in shipbuilding. (Pho…
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