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Hyundai Motor Group Chairman Chung Eui-sun. (Photo: Hyundai Motor Group)Despite the shock caused by the COVID-19 pandemic, Hyundai Motor’s annual sales surpassed 100 trillion won last year for the second straight year. Even though Hyundai Motor recorded negative growth, the automaker saw the portio…
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LG Chem Vice Chairman Shin Hak-cheol. (Photos: LG Chem)LG Chem chalked up more than 30 trillion won in 2020, the largest-ever yearly sales since its founding. The company also saw its operating profit surpass the 2 trillion won threshold, a nearly two-fold jump on a year-on-year basis. The battery b…
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Lotte Chemical President & CEO Kim Kyo-hyun, concurrently head of Lotte Group’s Chemical Business Unit, and Kim Yeon-sup, chief of Lotte Chemical’s ESG Management Division, pose together with others after declaring the ‘Green Promise 2030’ initiative on Feb. 2. (Photo: Lotte Chemical)Chemica…
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Chairman Lee Jay-hyun of CJ Group. CJ Cheiljedang is predicted to post more than 4 trillion won in overseas sales of processed food products last year, its best year ever in terms of sales. Even though its business performance for 2020 Q4 was not disclosed, given that the company logged more than 1 …
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Hyundai Heavy Industries Group’s Chairman Kwon Oh-gap.Hyundai Heavy Industries (HHI)’s winning orders to build five LNG carriers is imminent, business sources said. HHI was discussing a contract to build five LNG carriers for an LNG project dubbed “Project Rose,” being implemented by Nigeria, th…
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Doosan Group Chairman Park Jeong-won.Doosan Group is accelerating efforts to build three growth engine businesses to tap opportunities in the hydrogen, drone and robot sectors.Doosan Fuel Cell, Doosan Mobility Innovation and Doosan Robotics, the subsidiaries of Doosan Group, are implementing hydroge…
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A view of Amorepacific’s brand “Soluderm” skin care products, which can be both eaten and applied.Amorepacific has released the brand “Soluderm” for skin care products, which can be both eaten and applied.The Soluderm consists of two versions - “VITA Collagen Ample Program” that can be applie…
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A view of LS Cable & System’s cable plant in Egypt. (Photos: LS C&S)LS Cable & System (LS C&S) has dedicated a cable production plant in Egypt, its first one in Africa. LS C&S established LS Man Cable (LSMC), a joint venture with Egypt’s cable maker MAN, in Ramadan City near Ca…
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Chairman Kim Ki-moon of Korea Federation of SMEs (KBIZ) gives his opening speech at a New Year’s meeting of SME businessmen at the KBIZ headquarters in Yeouido, Seoul, on Jan. 19.Korea Federation of SMEs (KBIZ) held a committee meeting on arbitration of SME payments of goods and services from large…
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<대상 인도네시아 전분당 공장 전경>대상이 향후 10년 내 인도네시아 사업 매출액을 1조 원 더 늘리겠다고 밝혔다.대상의 인도네시아 사업 매출액은 2020년 3,697억 원을 기록해 전년 3,464억 원 대비 7% 성장했다. 대상은 2030년 매출액 1조 4,000억 원 달성을 통해 ‘인도네시아 TOP 10 종합 식품기업’과 ’동남아…
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President Hong Beom-sik of LG Uplus. (Photos: LG Uplus)LG Uplus said on Oct. 23 that a paper on its in-house developed Generative AI technology “ixi-GEN” was recognized by EMNLP 2025, one of the world’s top natural language processing (NLP) confer…
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LG Uplus CISO and CPO Hong Kwan-hee explains security-first strategies at a meeting on security strategies at LG Uplus office building in Yongsan, Seoul, on July 29. (Photo: LG Uplus)LG Uplus has unveiled “U-Dok Pick AI,” combining a variety of AI …
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CEO Kim Young-shub of KT. (Photos: KT)KT said on June 12 that Palantir Chief Revenue Officer Ryan Taylor visited Korea and executives and staffers from both sides discussed the direction of specific strategies. Palantir is a software platform de…
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President Park Yoon-kyu of the National Industry Promotion Agency poses with WIS Innovation Awards winners at an awards ceremony on the sidelines of 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. (Photo: NIPA)2025 Wo…
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