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Samsung Electronics reported 66.96 trillion won in consolidated revenue and 12.35 trillion won in operating profit for the third quarter ended Sept. 30.Even as the COVID-19 pandemic continues around the world, reopening of key economies led to a significant increase in consumer demand. Samsung Elect…
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Hyundai Motor Group Chairman Chung Eui-sun. (Photos: Hyundai Motor Group)Global companies are scrambling to develop robots as the non-face-to-fact contact market is on the rise, caused by the spread of the COVID-19 pandemic. Automakers, including Hyundai Motor Group, are joining forces to invest big…
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Lotte Group Chairman Shin Dong-bin. (Photo: Lotte Group)Lotte Group Chairman Shin Dong-bin became the first Korean business leader to meet with Japanese Prime Minister Yoshihide Suga since he took office, succeeding his predecessor Shinzo Abe. Chairman Shin’s meeting with Prime Minister Suga comes …
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Chairman Lee Jay-hyun of CJ Group.A bio-degradable plastic that completely melts away in the sea will be mass produced with Korean-developed technology.Of late, CJ Cheiljedang succeeded in developing Polyhydroxyalkanoates, or PHA, a core material for producing an eco-friendly, bio-degradable plastic…
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LG Uplus Vice Chairman Ha Hyun-hoe speaks at an executives’ workshop for the 4th quarter of the year at LG Uplus headquarters on Nov. 13. (Photos: LG Uplus)LG Uplus Vice Chairman Ha Hyun-hoe urged LG Uplus executives and staff members to nurture the telecom service provider’s own loyal customer ba…
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Samsung SDS President Hong Won-pyo. (Photos: Samsung SDS)Despite the protracted COVID-19 pandemic, Samsung SDS achieved its best-ever quarterly sales. The earnings surprise was owed to the expansion of the company’s logistics and IT service businesses. Samsung SDS said on Oct. 27 the company posted…
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President Jeon Hae-sang of Toray Advanced Materials Korea receives the presidential award from Vice Minister Park Jin-gyu of the Ministry of Trade, Industry and Energy at a ceremony to celebrate the 34th anniversary of Textile Day at the Textile Center in Seoul on Nov. 11. (Photo: TAK)President Jeon…
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Chairman Cho Hyun-joon of Hyosung Group. (Photos: Hyosung Group)“A winner is willing to make a path by treading snow accumulated on the field, but a loser waits for the heaped snow to melt away.” Hyosung Group Chairman Cho Hyun-joon made the remarks while his commemorative speech to executives and…
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Sindoh Vice President Lee Chul-woo in charge of public relations receives a certificate of a top prize in the office multifunction machine category of the 2020 Korean Standard Quality Excellence Index (KS-QEI) from Chairman Lee Sang-jin of the Korean Standards Association. (Photos: Sindo)Sindoh, 2D …
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Chairman Kim Ki-mun of Korea Federation of SMEs (KBIZ). (Photos: KBIZ)Starting Nov. 13, Korea Federation of Small and Medium Business (KBIZ) has been extending medical and disaster loans sans interest under the Yellow Umbrella for Small Businesses and Merchants’ Mutual Aid.Beneficiaries of the aid,…
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Officials with HD Hyundai Oilbank test the cooling lubricant of a liquid immersion cooling facility and server. (Photo: HD Hyundai Oilbank)HD Hyundai Oilbank said the company will supply “XTeer E-Cooling Fluid,” a liquid immersion cooling product, …
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President Jeong Chang-jin of KEPCO Nuclear Fuel (KEPCO NF) shakes hands with President Kim bo-hyun of Daewoo E&C as the companies struck an MOU to ramp up their joint nuclear power business development and technology cooperation at Daewoo E&C…
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Chairman Koo Ja-eun of LS Group. (Photos: LS Group)LS Group’s energy and mobility subsidiaries demonstrated future strategy business capabilities by participating in InterBattery 2025, which took place at COEX in Seoul from March 5 to March 7. …
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President Park Sang-hyung of KEPCO KDN and Gwangju Mayor Kang Ki-jeong participate in a ceremony to strike an MOU on the application of advanced energy ICT solutions at Gwangju City Hall. (Photo: KEPCO KDN)KEPCO KDN is leading the construction of a s…
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