Corporate strategy
Corporate strategy
Woongjin reborn as IT solution company beyond education firm
22 HOURS AGO
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Corporate strategy
POSCO tightens belts, seeks M&A within 3 years: new chairman
Chang In-hwa, chairman and chief executive of POSCO Holdings Inc., the parent of South Korea’s top steelmaker POSCO, has vowed to take drastic ...
Apr 23, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
Samsung shifts to emergency mode with 6-day work week for executives
Executives at all Samsung Group units will work six days a week from as early as this week in a shift to emergency mode. The move comes as the won's ...
Apr 18, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
SK Innovation to adjust business portfolios for long-term growth
SK Innovation Co., South Korea’s top energy company, is slated to adjust its business portfolios for long-term growth while not planning to slo...
Apr 17, 2024 (Gmt+09:00)
2 Min read -
Corporate strategy
SK Innovation reshuffles units to raise value
SK Innovation Co., South Korea’s top energy company, is reorganizing its subsidiaries to boost their individual values through independent mana...
Apr 11, 2024 (Gmt+09:00)
2 Min read -
Corporate strategy
Hyundai Motor aims for next takeoff with $51 billion investment
Hyundai Motor Group plans to spend 68 trillion won ($51 billion) and hire 80,000 new employees over three years as South Korea’s top automaker ...
Mar 27, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
LG Group earmarks $74 bn for 5-year investment in Korea
LG Group, South Korea’s No. 4 conglomerate, on Wednesday announced a plan to invest 100 trillion won ($74 billion) through 2028 in its future g...
Mar 27, 2024 (Gmt+09:00)
1 Min read -
Corporate strategy
Hyundai vows to cut costs, seek shift toward SDVs as EV uptake slows
South Korea’s top automaker Hyundai Motor Co. has vowed to sharpen its electric vehicle price competitiveness through tech advancement and effi...
Mar 21, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
Samsung Engineering to be rebranded as Samsung E&A
Samsung Engineering Co. will change its name to Samsung E&A Co. upon approval at a shareholders' meeting on March 21.The letter E in the proposed...
Feb 15, 2024 (Gmt+09:00)
1 Min read -
Corporate strategy
SK Group reintroduces Saturday CEO meeting after 20 years
South Korea’s energy-to-telecom conglomerate SK Group has decided to reintroduce Saturday gatherings of its subsidiaries' chief executives afte...
Jan 24, 2024 (Gmt+09:00)
2 Min read -
Corporate strategy
POSCO International to step up global expansion after hefty profits
POSCO International Corp. will step up global expansion in 2024 with a focus on electric vehicle components, eco-friendly energy exploration and grai...
Jan 08, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
Samsung launches new growth engine control tower at mobile division
Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, has created a business control tower within its Digital eXp...
Dec 11, 2023 (Gmt+09:00)
2 Min read -
Corporate strategy
Shinsegae head calls for drastic systems-centered reform
Shinsegae Group Vice Chairman Chung Yong-jin has urged the South Korean retail giant to make drastic systems-centered reforms to ensure stable and su...
Nov 23, 2023 (Gmt+09:00)
1 Min read -
Corporate strategy
Late Samsung chairman Lee's New Management back in spotlight
As the leader of Samsung Group for three decades, the late group Chairman Lee Kun-hee brought fundamental changes to the conglomerate under his &ldqu...
Oct 18, 2023 (Gmt+09:00)
3 Min read -
Corporate strategy
Lotte leads corporate push to raise Korea’s dismal birthrate
South Korea’s dreadfully low birthrate — the world’s lowest — is not just a concern for politicians or government officials. ...
Oct 16, 2023 (Gmt+09:00)
4 Min read -
Corporate strategy
Hanwha Group chair calls for startup-like entrepreneurial spirit
South Korea’s Hanwha Group Chairman Kim Seung-youn on Monday urged the defense-to-financial conglomerate to revive the bold innovations of its ...
Oct 10, 2023 (Gmt+09:00)
2 Min read -
Corporate strategy
From fast follower to first mover under Hyundai Motor's Chung
Hyundai Motor Group Chairman Chung Euisun emphasized “customers” as his management keyword when he took the helm of the largest automotiv...
Oct 04, 2023 (Gmt+09:00)
3 Min read -
Corporate strategy
SK Chairman Chey vows to turn Ulsan into green energy, AI hub
Chey Tae-won, chairman of South Korea’s second-largest conglomerate SK Group, has vowed to turn the industrial city of Ulsan, where SK’s ...
Sep 15, 2023 (Gmt+09:00)
2 Min read -
Corporate strategy
Korea Inc. to focus more on India, Vietnam as biz partners
South Korean companies are set to concentrate more on business with emerging markets including India and Vietnam than Asian major countries such as C...
Sep 08, 2023 (Gmt+09:00)
1 Min read -
Corporate strategy
LG Group accelerates shift toward AI, bio and clean tech
Artificial intelligence, bio and clean tech are in their early stages of development for LG Group, but they should lead the South Korean conglomerate...
Aug 24, 2023 (Gmt+09:00)
2 Min read -
Corporate strategy
SK Group to pursue employee-led ‘deep change’
SK Group, South Korea’s second-largest conglomerate, has been dedicated to its “Deep Change” initiative since Group Chairman Chey T...
Aug 21, 2023 (Gmt+09:00)
2 Min read -
Corporate strategy
Samsung Electronics opens future tech office in DX Division
Samsung Electronics Co. has conducted an internal reshuffle by opening a future technologies office to discover “non-existent” technologi...
Aug 02, 2023 (Gmt+09:00)
1 Min read -
Corporate strategy
S.Korea's top four accounting firms to cut hiring 30%
South Korea's top four accounting firms -- Samil PwC, Samjong KPMG, Deloitte Anjin and EY Hanyoung -- are expected to cut hiring this year more than ...
Jul 31, 2023 (Gmt+09:00)
2 Min read -
Corporate strategy
Lotte Group's Shin stresses unlearning as key to innovation
Disregarding existing ways and being open to new opportunities are challenging in South Korea’s large conglomerates, where a strict corporate c...
Jul 19, 2023 (Gmt+09:00)
1 Min read -
Corporate strategy
LG Electronics aims to transform into platform-based tech firm by 2030
When LG Electronics Inc. made a surprise move to ungracefully exit the mobile phone business, one of its mainstay businesses, two years ago, investor...
Jul 12, 2023 (Gmt+09:00)
3 Min read -
Corporate strategy
CJ CheilJedang simplifies organizational structure in global push
CJ CheilJedang Corp., the South Korean food giant with more than 200 operations worldwide, has streamlined its organizational structure to facilitate...
Jul 10, 2023 (Gmt+09:00)
2 Min read -
Corporate strategy
Samsung Electronics holds biannual global strategy meeting
Samsung Electronics Co. on Tuesday launched its three-day global strategy meeting, a biannual event held in June and December where major executives ...
Jun 21, 2023 (Gmt+09:00)
1 Min read -
Corporate strategy
LG Group to launch global strategy center in July
LG Group will reportedly launch next month a global strategy center to analyze business trends abroad and devise responses.Industry sources on Sunday...
Jun 12, 2023 (Gmt+09:00)
1 Min read -
Corporate strategy
POSCO to comply with IRA rules to access battery tax breaks: chairman
NEW YORK – POSCO Group, which owns South Korea’s largest steelmaker, has been striving to transform into a low-carbon conglomerate by she...
Jun 01, 2023 (Gmt+09:00)
3 Min read -
Corporate strategy
LG Innotek seeks to bolster innovation through a broader talent pool
Efforts by LG Innotek Co. to diversify its talent pool have borne fruit by boosting its competitive edge, under its chief executive's focus on broad...
May 22, 2023 (Gmt+09:00)
2 Min read
Hidden Champions
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