KEPCO signed an agreement with the Korea Institute for Advancement of Techn ology (KIAT) and Naju Innovation Industrial Complex's corporate council at the KEPCO Art Center in Seoul on Jan. 22.KEPCO CEO Kim Jong-gap, KIAT President Seok Young-chul, and Lee Nam, chairman of the council, attended the s

LS Electric held an 'Untact Digital Vision Declaration Ceremony' on Jan. 11 and announced 'Drive Change for 2030' (Vision 2030), which will realize accelerated growth for the next 10 years by 2030."We should push for evolution beyond revolution over the next decade by making the era of uncertainty a

Doosan Infracore set the largest sales record in 10 years in the Chinese excavator market last year. Doosan Infracore announced on Jan. 11 that it sold 18,686 excavators in China in 2020.This is an increase of 22.4% from 15,270 units sold in 2019. It is the highest in 10 years since its sales reache

SK Networks Chairman Choi Shin-won gets under investigation for allegedly creating slush funds.The Seoul Central District Prosecutors' Office summoned Chairman Choi as a suspect for questioning, legal sources said on Jan. 7. Choi has been the chairman of SKC from 2000 to 2015 and SK Networks from 20

SK Innovation has decided to procure 1 trillion won through 'Green Bond' method to build a battery plant in the U.S., the company said on Jan. 6.The company held a board meeting last month and decided to guarantee the process of issuing green bonds worth 1.09 trillion won (about $986 million) in the

SK이노베이션의 석유사업 자회사인 SK에너지의 조경목 사장은 2021년 신년사를 통해 지금의 시장 환경이 산업 패러다임 변화와 탄소 배출(Carbon Risk) 이슈 대응에 대한 요구에 직면하고 있다고 진단하고, “Less Carbon, More Green” 방향성 아래 R&S(Refinery & Synergy)와 P&M(Platform & Marketing), 두 개의 CIC(Company in Company) 체제 운영을 통해 이에 적극 대응하며 딥 체인지(Deep Change)를 추진해 나가겠다는 의지를 밝혔다.딥 체인지(De

삼양그룹(김윤 삼양홀딩스 회장)이 ‘디지털 시무식’으로 위기 극복과 새로운 100년을 향한 결의를 다졌다.삼양그룹은 ‘2021년 삼양그룹 시무식’을 지난 4일 온라인으로 개최했다고 5일 밝혔다. 삼양그룹은 지난해까지 오프라인 시무식을 진행했으나 올해는 코로나19 확산 방지와 디지털 혁신을 위해 신년사 등으로 구성된 영상을 공유하는 디지털 시무식을 진행했다. 김윤 회장은 영상 메시지를 통해 “올해는 2025년을 목표로 새로운 중장기 전략을 시작하는 첫 해”라며 사업 포트폴리오 개선, 역량 강화 등 체질 개선을 위한 ‘비전 2025 실

Samsung Heavy Industries (SHI) has signed a contract to build an LNG carrier, meeting expectations for an increase in orders for eco-friendly ships. It is the company’s first order for 2021.The company announced on Jan. 5 that it has won an order for a 174,000-square-meter LNG carrier worth 199.3 bi

In his New Year's address on Jan. 4, Kim Seung-yeon, chairman of Hanwha Group, said, "The year 2020 was simply a time when the whole world was struggling and shrinking. I would like to thank executives and employees who have been firmly driving Hanwha despite the chaos and crisis caused by the COVID

Kim Jong-hyun, CEO of LG Energy Solutions, said in his New Year's address on Jan. 4, "We have been leading the lithium battery market so far and making industry standards, but we will never compromise on safety and reliability, even if we give up quality and performance.”CEO Kim said, “We need to as

By Vice-Chairperson Joy Cho with Reporter Paul KimIn 2020 when COVID-19 hit the world, the medical community is facing a serious challenge that is terrifying. Nevertheless most experts agree that the average life ex¬pectancy is already 100years. It is be¬cause we are entering an era where we can res

“POSCO should focus on nurturing the secondary battery business in 2021 to become a global top tier,” said POSCO Chairman Choi Jung-woo.Delivering his New Year's address on Jan. 4, Chairman Choi, "The global steel industry has faced changes in mega trends that accelerate new mobility, urbanization,

LG Display has decided to unveil '48-inch 'Cinematic Sound OLED (CSO) Panel' optimized for gaming at CES 2021, the world's largest IT and home appliance exhibition to be held online on Jan. 11.LG Display announced on Jan. 3 that the "48-inch bendable CSO panel" is characterized by being able to free

Asiana Airlines shipped the finished product of the "COVID-19" vaccine on its cargo plane OZ795 bound for Moscow from Incheon at 10:20 p.m. on Dec. 29. This is the second time since the first shipment on Dec. 25.The airline company said on Dec. 30 that the vaccine is a "Sputnik V" product developed

Samsung Electronics Vice Chairman Lee Jae-yong faced a nine-year prison term in a retrial of a bribery case involving former President Park Geun-hye.Special prosecutor Park Young-soo's team asked the court to sentence Vice Chairman Lee to nine years in prison in a decision hearing held at the Seoul

KB Kookmin Bank has released a local advertisement in Indonesia. The bank said on Dec. 29 that the advertising model is BTS, a global superstar who has been working with KB Kookmin Bank since 2018.The ad video showed KB Kookmin Bank's bold ambition to become a "Star of Indonesian Finance" that refle

“Styler,” a steam clothing care system of LG Electronics, is gaining high popularity overseas with its differentiated TrueSteam technology.LG Electronics said on Dec. 28 that Styler's overseas sales increased by more than 50 percent this year compared to last year.The electronics company introduced

Hanwha Solutions announced on Dec. 28 that it has signed a contract to acquire 100% of shares of 'Cimarron', a high-pressure tank company in the U.S. Cimarron is a startup that started as an in-house NASA venture in 2008 and became independent in 2015.Through the acquisition, Hanwha Solutions will b

Korea Aerospace Industries (KAI) announced on Dec. 28 that it has signed a contract with the Defense Acquisition Program Administration for the fourth mass-production of the 1.05 trillion won worth of Surion (KUH-1). Delivery will be completed by 2024.KAI said that Surion is the first domestic helic

Samsung Group shares listed on the local stock market exceeded 700 trillion won ($693 billion) in terms of the total market capitalization for the first time. This year alone, it has increased by more than 200 trillion won.The market capitalization of 23 Samsung Group stocks (including preferred sto