Hyundai Motor Group Chairman Chung Eui-sun has won the Issigonis Trophy at the 2021 Autocar Awards ceremony, the group said on June 9.Named in honor of legendary car designer Sir Alec Issigonis, the Trophy is Autocar's highest accolade. Each year it is presented to a stand-out individual within the

The Indian Chamber of Commerce in Korea (ICCK) and the Korea Non-ferrous Metal Association (KONMA) signed a mutual cooperation agreement on June 3 to promote exchanges between member companies and explore markets.The agreement ceremony, which was held to mark the 14th Non-ferrous Metal Day, was atte

Samsung Electronics has received the semiconductor industry’s first “Triple Standard” for carbon, water and waste by Carbon Trust, the company said on June 3.Samsung was awarded this certification by reducing the amount of carbon emissions, water use, and waste discharge over the past three years at

Chung Seung-il, CEO of Korea Electric Power Corp. (KEPCO), held an inauguration ceremony at KEPCO's headquarters in Naju, South Jeolla Province, on June 1, announcing his management policy as the 21st KEPCO head.In his inaugural address, CEO Chung stressed that it is time to seriously consider preem

SK Global Chemical Na Kyung-soo participated in the P4G (Partnering for Green Growth and the Global Goals 2030) Seoul Summit held from May 30 to 31 to represent the company at the panel discussion of the Circular Economy session., the company said on June 1.In the panel discussion of this session, C

Daewoo Engineering & Construction (Daewoo E&C) announced on May 31 that its CEO Kim Hyung met with Nguyen Vu Tung, the Vietnamese ambassador to Korea, on May 27 to discuss expanding investment development projects in Vietnam and strengthening business cooperation.At the meeting, CEO Kim thanked Viet

Samsung Electronics has introduced the LM301B EVO, a new mid-power LED package that has been designed to set the pace in light efficacy and color quality for indoor and industrial applications, the company said on May 27.Global regulations and standards for lighting, once centered on light efficacy,

Korea Aerospace Industries (KAI) aims to develop its indigenous transport and multipurpose aircraft for the South Korea military, the MilitaryLeak reported on May 16.KAI has reached a consensus with the South Korea Defense Acquisition Program Administration (DAPA) on the need to develop transport an

Samsung Electronics announced the Galaxy Tab S7 FE and Galaxy Tab A7 Lite, the latest additions to its tablet portfolio, on May 27.The Galaxy Tab S7 FE brings fan-favorite features from the Galaxy Tab S7, including a large display for entertainment, creative work, and multi-tasking. And for those lo

LG Electronics announced on May 27 that its 2021 Life’s Good campaign will consist of two exciting components: Life’s Good Music Project in collaboration with acclaimed singer, songwriter and producer Charlie Puth and the Life’s Good Film, to be directed by rising star Jackson Tisi.LG’s Life’s Good

SK Global Chemical announced on May 25 that it has become the first in the global petrochemical industry to receive the highest rating AAA according to the GRP (Guidelines for Reducing Plastic Waste & Sustainable Ocean and Climate Action Acceleration) certified by UN in recognition for its eco-frien

Many people ponder the life they pursue as they live. Among them, I think the thing that comes to mind first is how to live—and how to live well, in good health.No one knows how long the global COVID-19 will continue in Korea and in the world.During such a period of difficulty, the Korea Mask Indust

Korean Federation of Community Credit Cooperatives (KFCC), which overcame the COVID-19 crisis last year and achieved a total asset of 200 trillion won, announced that it will set up a long-range future plan through constant innovation.The key is digital finance innovation and strengthening social co

Hyundai Motor Company on May 25 released images of its newly upgraded XCIENT Fuel Cell, the world’s first mass-produced, heavy-duty truck powered by hydrogen.With design and performance updates, Hyundai’s zero-emission heavy-duty vehicle will become even more attractive to corporate fleet customers

Based on mutual understanding and cooperation, the Federation of Artistic & Cultural Organization of Korea (FACO), the Korea Post media, and the World Peace Face Association (WPFA) signed a business agreement on May 20 to share cultural and artistic information and contents from Korea and around the

SK hynix has received unconditional clearance from the European Commission for its proposed acquisition of Intel’s NAND and SSD business.This follows approval from the U.S. Federal Trade Commission last year, and approval from the Committee on Foreign Investment in the United States (CFIUS) this Mar

SK Innovation announced on May 20 (U.S. local time) that SK Innovation and Ford have signed a memorandum of understanding (MOU) to create a joint venture – to be called BlueOvalSK – to produce approximately 60 GWh annually in traction battery cells and array modules, starting mid-decade, with potent

SK Innovation’s sales in the first quarter of 2021 reached 9239.8 billion won, up 1562.2 billion won from the previous quarter, due to a rise in prices of oil and petrochemical products.The company has made a successful turnaround, recording an operating profit of 502.5 billion won in the first quar

Kia Corp. signs a memorandum of understanding (MOU) with Cycle & Carriage to transform customer experience from offline to online.Kia has agreed with Cycle & Carriage, Singapore’s leading automotive group, to digitize and enhance customer experiences in Singapore.Under the agreement, Kia and Cycle &

LG Chem announced on May 11 that it will invest 150 billion KRW as a core investor (Anchor Limited Partner) of the KBE (Korea Battery & ESG) Fund managed by the domestic private equity fund management company, IMM Credit Solution.This is the first time that LG Chem will invest as a core investor for