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Reporter : Kim Hyun-bin
Fri, June 9, 2023 | 09:57
HanmiGlobal seeks to win more large-scale orders in Saudi Arabia
HanmiGlobal, Korea's leading project management (PM) company, is seeking to win large-scale orders from the Middle East and especially from the Diriyah Gate Project in Saudi Arabia, the company said Tuesday. Earlier this month, the Saudi public investment fund (PIF), led by Crown Prince bin Salman, designated Diriyah Gate, a new city development project at the historic UNESCO...
Companies | 2023-02-07 16:12
FTC to inspect live commerce operators' business practices
The country's antitrust agency will inspect the business practices of Naver, Kakao and other live commerce operators to check whether they treat their suppliers or consumers unfairly, the Fair Trade Commission (FTC) said Monday. The agency plans to scrutinize the terms and conditions in the rapidly growing distribution sector, which includes live commerce and subscription ser...
Companies | 2023-02-06 16:26
Why Galaxy Book3 draws more attention than S23 smartphones
Samsung Electronics' Galaxy Book3 Pro 900 preorders sold out as soon as they hit the market on 11street, an official online partner of Samsung Electronics, backed by large discounts, according to industry officials, Monday. “Performance has been upgraded along with the display as well as the current CPU, which is equipped with the latest Intel 13th-generation CPU, while user ...
Companies | 2023-02-06 15:50
Hyundai Motor's technology helps team become WTCR double champion
Gabriele Tarquini, a legendary driver and the World Touring Car Cup (WTCR) champion of 2018, praised Hyundai Motor's N model claiming it helped its team to become double champion after taking top place at the WTCR 2022. "You have to have a good base to make a winning car. If you look at the i30 N or the Elantra N, they are very fast and have great technology," Tarquini said. ...
Companies | 2023-02-05 15:58
LG publishes Korea's first group-level net zero report
LG Group announced a plan to pursue carbon neutrality at the group level for the first time for a major conglomerate in Korea, revealing its commitment to reduce greenhouse gas emissions and develop eco-friendly technologies to reduce the group's net carbon emissions to zero by 2050, according to the company, Sunday.
Companies | 2023-02-05 14:31
Samsung Biologics' sales surpass W3 tril. for first time
Samsung Biologics saw sales surpass 3 trillion won last year, becoming the first in the domestic biopharmaceutical industry to achieve that mark. Its operating profit also neared 1 trillion won, the company said in a filing, Friday. Samsung Biologics announced that it achieved annual consolidated sales of 3.001 trillion won ($2.54 billion) and an operating profit of 983.6 bil...
Companies | 2023-01-27 17:00
KT&G aims to become global top-tier company
KT&G unveiled the group's goals to become a global top-tier company at the KT&G future vision proclamation ceremony held at KT&G Sangsang Planet in Seoul, Thursday. CEO Baek Bok-in unveiled the “2027 KT&G Vision,” focusing on three core businesses: next-generation products (NGP), dry food (health functional food) and the global conventional cigarette (CC).
Companies | 2023-01-27 14:39
Samsung SDS posts record-high annual sales
Samsung SDS recorded preliminary sales of 17.23 trillion won ($13.98 billion) and an operating profit of 916.1 billion won last year, up by 26 percent and 13.4 percent, respectively, compared to the previous year, according to the company filings, Thursday. The annual sales of the IT service business increased by 5.9 percent from the previous year, reaching a record 5.96 tril...
Companies | 2023-01-26 13:17
Kolmar Korea to build AI-run plant for global expansion goals
Kolmar Korea is expanding its presence in both local and overseas markets by establishing a new artificial intelligence (AI) production base in Korea to better penetrate the global market, according to the company, Wednesday. The company is establishing a new cosmetics production base with AI technology in Sejong so as to actively respond to the recent easing of face mask rul...
Companies | 2023-01-25 16:52
Samsung chief gives gifts to new moms, employees from multicultural families
Samsung Electronics Chairman Lee Jae-yong gave gifts to female employees that recently gave birth as well as to multicultural employees for the Lunar New Year holiday. Chairman Lee gave Samsung air purifiers to 64 female employees who gave birth to children between Jan. 1 through Jan. 7. “We have prepared a small gift to celebrate the birth of a precious life that has come to...
Companies | 2023-01-25 15:21
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