Kim Jae-chul, honorary chairman of Dongwon Group, has decided to donate 50 billion won ($46 million) in private funds to KAIST to foster talent in the artificial intelligence (AI) sector in Korea.Kim announced on Dec. 16 that he would donate 50 billion won in private funds according to the annual pl

By Chairperson Joy Cho with Reporter Kim Young-myungVice Chairperson Joy Cho of The Korea Post media interviewed Director Ms. Jung Eu-Mi of the Dental Laboratory of the MINISH Dental Hospital in Seoul. She had a total of 18 years of experience in the field of CAD/CAM (computer-aided design/computer

POSCO Chairman Choi Jeong-woo, whose term is to expire in March next year, was unanimously recommended by POSCO's board of directors as a candidate for the next CEO on Dec. 11.The recommendation came after the CEO candidate nomination committee, which consists of all outside directors, reported to t

Hanwha Energy concluded a contract to sell a 50MW solar power plant located in the Sevilla area of southern Spain on Nov. 27, the company said on Dec. 12..After completing the development by acquiring the right to develop solar power in Sevilla, Spain in December 2018, Hanwha Energy began constructi

삼양사(대표 송자량 부사장)의 클린뷰티 브랜드 어바웃미는 성수동 막걸리 스타트업인 한강주조와 협업해 겨울철 건조한 피부에 보습을 더해주는 쌀 막걸리 스킨과 쌀 막걸리 겔 마스크 등 신제품 2종을 출시한다고 12월 11일(금) 밝혔다.쌀 막걸리 스킨은 쌀 막걸리에서 유래한 발효 성분인 아스퍼질러스 쌀 발효 추출물과 쌀에서 추출한 쌀겨 오일 등을 더해 겨울철 건조한 피부에 신속한 도움을 주는 기초 제품이다. 막걸리처럼 부드러운 액상 제형으로 산뜻하게 발리면서 마무리는 충분한 보습감을 느낄 수 있어 스킨 하나만으로도 맑고 촉촉한 피부로

Oh Se-chul, vice president of Samsung C&T’s construction division, was promoted to president of the same division on Dec. 8.Samsung C&T said on Dec. 8 that Han Seung-hwan, vice president of the Samsung Human Resources Development Institute, was also promoted to president of the resort division and C

Hyundai Construction Equipment has won a series of big orders in emerging markets such as Russia.Hyundai Construction Equipment, an affiliate of Hyundai Heavy Industries Group, announced on Dec. 9 that it has recently won orders from customers in Russia and Saudi Arabia for 415 units, including 130

Coupang will commence its “Reveal 2020” developer conference on Dec. 11 to share its technology and experiences with developers from outside the company. Over 4,500 people have already registered since Coupang’s first announcement on the conference, showing significant interest in the event.Reveal 2

Coupang will commence its “Reveal 2020” developer conference on Dec. 11 to share its technology and experiences with developers from outside the company. Over 4,500 people have already registered since Coupang’s first announcement on the conference, showing significant interest in the event.Reveal 2

한화토탈(대표이사 김종서)이 고부가 합성수지 생산을 확대하며 석유화학시황의 침체기를 극복하는 데 일조하고 있다.한화토탈은 충남 대산공장에 배터리 분리막 소재로 사용되는 초고분자량 폴리에틸렌 설비 증설을 완료하고 상업 생산을 본격적으로 시작했다고 12월 7일(월) 밝혔다.한화토탈은 이번 증설로 초고분자량 폴리에틸렌 연간 생산능력을 최대 14만톤까지 확보했으며 투입된 금액은 약 400억원이다. 또한 한화토탈은 기존 고밀도 폴리에틸렌(HDPE) 생산공장을 일부 보완하는 방식으로 증설을 진행함에 따라 시황과 제품 수요에 따라 다양한 제품을

Kyung Dong Navien received the $300 million export award at the Trade Day event held at COEX in Seoul on Dec. 8, the company said.Kyung Dong Navien, the flagship of K-Boiler, has attracted global customers by introducing locally optimized products since the mid-2000s.The company has driven boilers i

Hyundai Steel has joined the steel global initiative "Responsible Steel" for the first time in Korea, the steel company said on Dec. 8.'Responsible Steel' is an ESG initiative in the steel sector run by the Steel Stewardship Council, an Australian-based multinational non-profit organization, includi

GC (Green Cross) said on Dec. 6 that there has been a case of complete recovery after administering COVID-19 blood treatment developed by GC.The company said that a man in his 70s, who was confirmed to be COVID-19, was completely cured after receiving GC's blood treatment "GC5131A" at Kyungpook Nati

LG has established its artificial intelligence think tank, called LG AI Research Institute, on Dec. 7.The group opened the era of AI leaders born in the 1970s by recruiting Lee Hong-rak, a 43-year-old professor at the University of Michigan, as a C-level official and appointing Bae Kyung-hoon, a 44-

KEPCO said on Dec. 8 that UAE Barakah Nuclear Power Plant Unit 1 has reached 100 percent of its output on Dec. 7, 2020 and is set to operate commercial operation next year.Barakah Nuclear Power Plant Unit 1 has been conducting power-up tests by gradually increasing the reactor power since its initia

Korea Credit Guarantee Fund (KCGF) held the opening ceremony of the "Hanoi Office" at the Gyeongnam Landmark Tower in Hanoi, the capital of Vietnam, and began its official work.To comply with the Vietnamese government's quarantine guidelines following the spread of COVID-19 and to prevent the spread

Hyundai Motor will recall 129,000 vehicles, including Santa Fe, in the U.S. due to engine failure and the consequent risk of fire, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Dec. 4.Among the objects to the recall are Santa Fe produced in 2012, Veloster between 2015 and 2

Philips Korea and Gwangmyeong Hospital of Chung-Ang University have joined hands to build a smart hospital where ICT-based digital healthcare solutions were introduced.Related to this, both sides signed an MOU in a ceremony on Dec. 3. A company official said, “As demand for medical services has soar

Hyundai Motor Group has unveiled its "E-GMP (Electric-Global Modular Platform), a platform dedicated to next-generation electric vehicles that will be applied to electric vehicles next year.The group introduced E-GMP's features and applied new technologies through "E-GMP Digital Discovery," which wa

POSCO will expand its secondary battery material business for anode and cathode materials and secondary battery core material business for lithium, nickel and graphite, the group said on Dec. 3.Related to this, the company decided to establish a value chain for the secondary battery material busines