By Diplomacy Journal Lee Kap-soo POSCO International, led by CEO Lee Kye-In, is creating a success story of win-win management by helping Korean small and medium-sized enterprises (SMEs) and venture companies expand internationally. The company is not only funding these companies but also supporting them by facilitating export contracts with overseas buyers through its global network and infrastructure. A significant success this year is the support provided to ‘Green Whale Global,’ a startup that produces and sells bio-biodegradable plastic resin made from cassava starch, in its export effort
By Diplomacy Journal Lee Kap-soo LG Display, the world’s leading innovator of display technologies, announced on Oct. 6 that its entire lineup of OLED TV and monitor panels, from 27 to 97 inches, have become the world’s first displays to receive Eyesafe® Circadian Certification. The recognition by Eyesafe, a U.S. -based company specializing in blue light mitigation solutions, reaffirms the advantages of LG Display’s OLED panels for promoting eye health and better sleep. Human circadian rhythms repeat around every 24 hours. They are maintained by key hormones such as melatonin, which induces sl
By Diplomacy Journal Lee Kap-soo The Korean-German Chamber of Commerce and Industry (KGCCI, President & CEO Martin Henkelmann), in cooperation with German Embassy Seoul and the Korean-German Energy Partnership, supported by RWE, BayWa r.e., TÜV SÜD, MR, Skyborn Renewables, and Siemens Energy, held the 2024 Korean-German Business Forum on Offshore Wind Energy on October 11 at Four Seasons Hotel, Seoul, South Korea. The forum aims to strengthen business interactions and partnerships between Korea and Germany in the offshore wind energy industry, as a critical factor in shaping the future of
By Diplomacy Journal Lee Kap-soo The Korean-German Chamber of Commerce and Industry (KGCCI, President & CEO Martin Henkelmann) donated 200 bookstands to the Seoul National School for the Blind on October 11, 2024. This donation aims to improve learning environment of and promote greater inclusivity for visually impaired students. The donation ceremony took place at the Seoul National School for the Blind and was attended by KGCCI President Martin Henkelmann, Yangsook Cho, Principal of the Seoul National School for the Blind, and Jinhyung Cho, President of the Seoul Blind Union. The event u
By Diplomacy Journal Lee Kap-soo The Korean-German Chamber of Commerce and Industry (KGCCI, President & CEO Martin Henkelmann) and the German Embassy in South Korea, in collaboration with SAP, co-hosted the “Korean-German Climate & Environment Conference 2024” on October 8 at Conrad Hotel Seoul, South Korea. Focusing on the theme of ‘Advancing Climate-Friendly Supply Chains,’ the conference brought together over 90 government officials, business leaders, and climate experts from both countries. Participants explored strategies to combat climate change, foster collaboration between Germ
By Diplomacy Journal Lee Kap-soo “The Korean market is one of the most important markets for Croatia tours as it was mentioned before Pandemic that more than half a million Koreans were visiting Croatia in 2019,” said Kristjan Stanicic, visiting general director of Croatian National Tourist Board on Oct. 4. At a presentation on the Croatia travel industry held at Coryo Daeyungak Tower in Seoul, Kristjan Stanicic said, “Croatia is one of the top Mediterranean and European tourism destinations with over 20 or almost 21 million visitors per year with almost 18 million overnights and 90 percent of
By Diplomacy Journal Lee Kap-soo HS Hyosung has unveiled a new corporate identity (CI) and vision, dubbed "Masteria," declaring a commitment to enrich humanity by harnessing the power of science, technology, and collective intelligence. The new CI is designed using a square star shape and colors that symbolize a "Leading Star" guiding the world and a "Value Tree." This design represents the connection between HS HYOSUNG's past, present, and future, blending the philosophy of the group's founders with the vision of HS Hyosung's newly inaugurated first-generation management team. In his address
By Diplomacy Journal Lee Kap-soo LG Chem has inaugurated a new customer solution (CS) center dedicated to providing personalized support to its customers across North America, the company said on Aug. 29. Located in the city of Ravenna, Ohio, the new CS center will stand as a specialized organization offering comprehensive technical solutions for product development, quality improvement and productivity enhancement for LG Chem’s customers and suppliers. The grand opening ceremony was attended by key executives including Noh Kug-Lae, Head of Petrochemicals at LG Chem, and Frank Seman, Mayor of
By Diplomacy Journal Lee Kap-soo SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced on Aug. 30 that the company and the Coalition for Epidemic Preparedness Innovations (CEPI) hosted the 'Celebrating Partnership for Pandemic Preparedness: CEPI-SK bioscience Reception’ in Yeoui-do, Seoul on August 29. The CEPI Board and senior officials visited Korea this week to discuss global collaboration to prevent the spread of infectious diseases. Over 110 global health experts and leaders gathered at the event, organized to
By Diplomacy Journal Lee Kap-soo The Korean-German Chamber of Commerce and Industry (KGCCI, President & CEO Martin Henkelmann), in cooperation with the Gyeonggi Free Economic Zone Authority (GGFEZ), held the KGCCI Half-Year Economic Outlook 2024 on August 29 at Four Seasons Hotel in Seoul. The event, organized to provide exclusive insights into the developments of Korean-German business relations in these challenging times, drew the participation of more than 100 key officials and experts from Korean and German companies and institutions. Speakers included German Ambassador to Korea Georg
By Diplomacy Journal Lee Kap-soo “We will hold various events at the level of the International Cooperative Agriculture Organization (ICAO) next year to promote the social and economic contributions of cooperatives,” said Kang Ho-dong, chairman of Nonghyup (NACF) on Aug. 26. “We will spread the success experiences and business models of Korea's cooperatives to drive the sustainable development of cooperatives,” Kang said in a meeting with ICA (International Cooperative Alliance) Secretary General Jeroen Douglas at the Nonghyup Central Headquarters in Jung-gu, Seoul. ICA is a non-governmental o
By Diplomacy Journal Lee Kap-soo Battery research and development company UCT (Ultra Capacitor Technology) Inc. has unveiled a next-generation battery with enhanced safety on Aug. 27. The company held a presentation at the Korea Press Center in Seoul and introduced the 'UCT Battery' that improves the shortcomings of existing lithium batteries. “The 'UCT Battery' utilized an electromagnetic physical charging method that does not require a chemical reaction. By doing so, it has increased its lifespan from 2,000 cycles to at least 20,000 cycles, and has low heat generation and significantly reduc
By Diplomacy Journal Lee Kap-soo Samsung Electronics allowed fans to immerse themselves into the Olympic Games Paris 2024 sailing competition held in the French port city of Marseille. Through the Galaxy S24 Ultra smartphones installed on each boat, fans experienced the race as if they were alongside their favorite athletes — battling the elements together in the middle of the Mediterranean Sea. Samsung implemented optimized software and technology to support filming and transmitting this first-of-its-kind footage in collaboration with the International Olympic Committee (IOC), Olympic Broadca
By Diplomacy Journal Lee Kap-soo Hanwha Ocean signed a Master Ship Repair Agreement (MSRA) with the U.S. Navy, marking an important milestone in consolidating the company's reputation in the global defense market through enhanced cooperation with the U.S. naval shipbuilding sector. The MSRA, which represents Hanwha Ocean’s shipbuilding and maintenance, repair, and overhaul (MRO) capabilities in the global market, is granted by the U.S. Navy to companies that fulfill stringent quality standards for ship maintenance services. Hanwha Ocean underwent a rigorous evaluation process in April to secur
By Diplomacy Journal Lee Kap-soo To mark the domestic launch of the Cadillac luxury electric vehicle ‘Lyriq,’ which extensively utilizes POSCO Group’s secondary battery materials and steel products, POSCO Group and GM hosted a joint promotional event. On July 26, both companies displayed the ‘Lyriq’ at the POSCO Center in Gangnam, Seoul, offering test drives and purchase consultations to POSCO Group employees and nearby professionals. The event was attended by Yoo Byeong-og, President of POSCO Future M; Seo Yu-ran, Head of POSCO’s Automotive Materials Marketing Division; Hector Villarreal, Pre