It was argued that Korean companies should actively expand into the US market as the launch of the new administration of Biden will likely to boost the exports of new industries such as new and renewable energy, electric vehicles, biohealth, digital transformation, and home living.The Institute for

Since the pandemic began, Korean companies have actively engaged in digital innovation and swept the Innovation Awards at this year's Consumer Electronics Show(CES). According to a report titled “CES 2021 Confirms Life-centered Digital Transformation as Innovation Trend in Pandemic Era” issued by th

Despite the sluggish global demand and economic downturn caused by COVID-19, Korea’s so-called ‘hidden champions,’ the small and medium-sized companies with world-leading technology in their fields of expertise, are paving the path to export recovery, Chung Hye-seon, a researcher of Korea Internatio

Jose Vicente de Los Mozos, executive vice president, manufacturing & supply chain of Group Renault, delivered a video message to executives and employees of Renault Samsung Motors' Busan plant on Feb. 9 to ensure XM3's successful entry into Europe.“In order for XM3 to successfully enter Europe, I ca

Mr. Alejandro Rodríguez Zamora, the Ambassador of Costa Rica in the Republic of Korea, met with the President of the Board of Directors of Global Sae-A, a manufacture in Costa Rica under the trade name Sae-A Spinning, S.R.L., a textile producer located in the Free Zone in the Cartago Province.Sae-A

Korean Research-based Pharma Industry Association (KRPIA) announced on Jan. 29 that it has appointed Oh Dong-wook, 51, CEO of Pfizer Korea, as its 14th chairman.The new chairman will lead the KRPIA from next month. The term of office shall be two years, but may be extended by one year in accordance

Atomy was selected as one of the "2020 top 100 best workable companies in Korea" by the Great Place To Work Institute (GPTW), a management consulting firm, on Jan. 28.At the same time, Atomy Chairman Park Han-gil was named as one of the most respected CEOs in Korea in 2020.In 2020, "Korea's Most Res

Hanwha Group is planning a large-scale investment in the aerospace industry following the solar and hydrogen industries. Related to this, there is a great interest in Hanwha Solutions, led by Kim Dong-kwan, the eldest son of Hanwha Group Chairman Kim Seung-yeon.At the end of last year, Hanwha Soluti

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

Silicon Mitus promoted CEO Huh Yeom to its chairman on Jan. 14, the company said.Heo Yeom, born in 1952, is a semiconductor expert who majored in electronic engineering at Seoul National University and completed a master's degree in electronic engineering at KAIST and completed the Ph.D. course in e

By Kevin Lee"TIRTIR will further solidify its global D2C (Direct to Consumer) marketing strategy in 2021 based on the strengths of customer communication and contents through SNS," TIRTIR CEO Lee Yu-bin said.“Based on this, we are preparing for full-fledged entry and revitalization into the U.S. mar

By Special Feature Editor Kim Hyung-dae Despite the remarkable development of modern medicine, there is a disease that many people fear because they have yet to conquer. It's cancer. The fear that cancer is a "disease of death" is deeply rooted in the minds of people around the world, regardless of

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

유한킴벌리 아기 물티슈 브랜드 릴리유가 팬슈머가 직접 기획한 특별 에디션을 선보였다. 팬슈머란 팬과 컨슈머의 합성어로, 직접 제품 기획에 참여해 상품이나 브랜드를 키워내는 소비자를 일컫는다.유한킴벌리 릴리유의 팬슈머로 선발된 ‘온리유’ 33인은 릴리유의 특별 에디션 출시를 위해 각자의 개성이 담긴 아이디어를 제안했으며, 이를 구체화한 가상 시안으로 소비자 투표를 실시했다. 이를 통해 최종으로 선정된 아이디어가 제품 패키지에 반영, 새 디자인의 ‘퓨어 온리유 팬슈머 에디션’이 탄생했다. 신제품은 겨울의 포근함을 트리 모양으로 형상화한

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