Samsung C&T has decided to suspend all new coal-related investment, construction and trading projects, and withdraw existing projects sequentially following completion and termination of contracts.The decision was made at the company’s meeting of the board of directors on Oct. 27. Samsung C&T has es

"In the future, steel will be the most important material that will improve the quality of human life," POSCO Chairman Choi Jeong-woo said in a keynote speech on the theme of POST-COVID-19 Megatrends: A New Decade (Post Corona Mega Trend and Steel Industry: New Decade) at the WSD "Steel Success Stra

Korea Land and Housing Corp. (LH) will develop a smart city at an airport site in Peru, placing the groundwork for Korean companies to enter Peru.LH has signed a memorandum of understanding (MOU) with the Peruvian city of Cuzco for the development of smart cities and the overall cooperation in the d

Hanwha Energy was selected as the final contractor of the Kupehau Solar Project to build and operate a solar and energy storage systems (ESS) power plant organized by the Hawaiian Electric Company (HECO).The project is the one linking 60MW and ESS 240MWh of solar power generation. After signing cont

By Lee Sam-sun, business editor of The Korea Post media The late Chairman Lee Kun-hee of the Samsung Business Group in Seoul is well known for his witty remarks: “Politicians are No. 4, bureaucrats No. 3 and politicians No. 4!” Then who is “Number 1”? The answer came on April 11, 2020 when Chairman

Woori Investment Bank recorded a cumulative operating profit of 56.3 billion won and a net profit of 50.1 billion won in the third quarter of this year, the bank said on Oct. 26.It surpassed its annual operating profit of 53.9 billion won in just three quarters."In keeping with the rapidly changing

Samsung SDS attained its highest quarterly sales ever in the third quarter thanks to the expansion of IT strategic business and logistics BPO business and steady growth in external business.Samsung SDS’s consolidated sales reached 2.9 trillion won ($2.5 billion) in the third quarter of this year, up

Construction sites of Samsung C&T in Singapore have been selected as winners of six categories at the 2020 Annual SHE Award Convention hosted by the Singapore Land & Transport Authority.The Singapore authority has held a safety competition for infrastructure sites under construction every year. Sams

▲ "미래지향적이고 도전적인 경영을 통해 90년대까지는 삼성을 세계적인 초일류기업으로 성장시킬 것이다." (1987년 12월 01일 취임사)▲ "뛸 사람은 뛰어라. 바삐 걸을 사람은 걸어라. 말리지 않는다. 걷기 싫으면 놀아라. 안 내쫓는다. 그러나 남의 발목은 잡지 말고 가만히 있어라. 왜 앞으로 가려는 사람을 옆으로 돌려놓는가?" (1993년 06월 프랑크푸르트 회의)▲ "출근부 찍지 마라. 없애라. 집이든 어디에서든 생각만 있으면 된다. 구태여 회사에서만 할 필요 없다. 6개월 밤을 새워서 일하다가 6개월 놀아도 좋다. 논다고

Samsung Group Chairman Lee Kun-hee, who represents the Korean business community, died at the age of 78 at Seoul Samsung Hospital in Ilwon-dong, Seoul on Oct. 25.It has been six years since May 2014 when he collapsed at his home in Itaewon-dong, Seoul, due to acute myocardial infarction. "We decided

출생 1942. 01. 09.사망 2020. 10. 25.소속 삼성전자(회장)가족 배우자 홍라희, 아들 이재용, 딸 이부진, 딸 이서현, 아버지 이병철, 어머니 박두을, 누나 이인희, 형 이맹희, 형 이창희, 누나 이숙희, 동생 이명희

Samsung SDS announced on Oct. 22 its AI natural language understanding learning model recently topped the "HotpotQA," which is conducted in English, and the "KorQuAD: (Korean Question Answering Dataset) 1.0" and " KorQuAD 2.0" AI Reading Contest, which tests the Korean language."HotpotQA" is a datas

SK Engineering & Construction (E&C) will team up with U.S. telecommunication platform developer Veea to develop and operate a construction safety management system for mobile devices.According to SK E&C, its CEO Ahn Jae-hyun and Veea CEO Allen Salmasi signed an MOU in an online meeting and agreed to

Hyundai and Kia Motors have decided to reflect the quality costs of about 3.4 trillion won ($3 billion) in their third-quarter earnings, the companies said on Oct. 19.Hyundai Motor and Kia Motors will set aside 2.13 trillion won ($1.8 billion) and 1.25 trillion won ($1.64 billion), respectively. The

POSCO will join hands with KT and Mystech to build a" smart green city." POSCO signed a "business cooperation" with KT and Mystech, a maker of eco-friendly street facilities, at POSCO Center to build a "smart green city" on Oct. 21.POSCO said that "Smart Green City" is a project being promoted by th

Samsung Electronics' brand value rose to fifth in the world for the first time. The company has solidified its status as one of the top global IT companies after Apple, Amazon, Microsoft and Google. Samsung is the only non-U.S. company among the top five.According to the "100 Global Brands" released

대한체육회(회장 이기흥)는 10월 20일(화) 오후 2시 전남 장흥에 있는 체육인교육센터 부지에서 ‘스포츠인교육 백년대계 비전선포식’을 개최했다. 비전선포식에는 대한체육회를 비롯해 전남 지역 체육인사 등 100여명이 현장에 참석했으며, 선수·지도자·심판·종목단체와 지역체육단체 관계자 등 교육 대상자 50여명이 온라인으로 참가했다.대한체육회는 창립 100주년을 맞아 미래 스포츠인재를 양성하고 체육인에게 종합적· 체계적인 맞춤교육을 제공하기 위해 ‘체육인교육센터’ 건립에 착수하며 이번 비전선포식을 개최했다.비전선포식에서는 체육인교육센터

SK Hynix will take over entire NAND business of Intel for 10.3 trillion won ($9 billion). SK Hynix has signed a contract to acquire NAND, a memory business unit of Intel, for $9 billion, the company said on Oct. 20.Regarding this matter, SK Hynix also finished the voting of its board of directors in

SK하이닉스(사장 이석희)는 반도체를 설계하고 제조하는 미국의 다국적 기업인 인텔의 메모리 부문인 낸드플래시 사업을 10조 3,104억원(약 90억달러)에 사들인다. 이번 인수가 마무리되면 SK하이닉스는 메모리 반도체 중 D램에 이어 낸드 부문에서도 글로벌 2위 기업으로 도약한다.SK하이닉스는 10월 20일(화) 인텔과 낸드프래시 사업의 양수도 계약을 맺었다고 공시했다. 2016년 삼성전자의 하만 인수(80억 달러)를 뛰어넘는 금액으로 한국 기업의 해외 인수합병(M&A)으로는 역대 최대 규모다.구체적인 인수 대상은 낸드와 낸드로 제

한국수력원자력(사장 정재훈)은 10월 20일(화) 한국수력원자력 경주 본사에서 협력중소기업의 정보화 사업을 지원하기 위한 ‘정보화지원사업 착수식’을 열었다. 이날 착수식에는 정재훈 한수원 사장과 협력기업 9개사 대표, 수행기관(이노비즈) 대표 등이 참석했다.정보화지원사업은 올해 5월 정재훈 한수원 사장이 협력중소기업을 방문하는 ‘찾아가는 간담회’ 현장에서 코로나19 확산에 따라 모바일, 원격근무 등의 시스템 구축에 어려움이 있다는 협력기업의 애로사항을 듣고 시작했다.한수원은 이번 사업을 통해 정보화를 통한 협력중소기업의 경영역량을