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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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Minister Kim Yun-duk of the Ministry of Land, Infrastructure and Transport, Chairman Han Man-hee of the International Contractors Association of Koreas, ministers and vice ministers from 32 countries and contractor CEOs attend the Global Infrastructu…
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POSCO E&C President Song Chi-young. (Photos: POSCO E&C)POSCO E&C signed a supply contract for carbon reduction equipment to be installed at POSCO’s Pohang Steelworks with ThyssenKrupp Uhde, a German engineering firm specializing in plant…
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CAK Chmn. Han Seung-goo of the Construction Association of Korea, President Lee Han-woo of Hyundai E&C, President Lee Ki-jung of Hanyang University and President Lee Chung-jae of the Korea Construction Economy Institute of Korea pose with Hanyang…
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Chairman Han Man-hee of the International Contractors Association of Korea (ICAK).Amid growing expectations that the construction industry will win Middle East reconstruction projects following the US-Iran agreement, the Overseas Construction Associa…
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