A number of Dongwon companies named new chief executive officers and announced other promotions.
Kim Jae-chul, founder and honorary chairman of Dongwon Group, has donated 50 billion won ($46 million) to KAIST to support the study of artificial intelligence (AI).
Dongwon Systems on Wednesday said it will spend 25 billion won ($22.2 million) on facilities to mass-produce aluminum anode foils, a core component in rechargeable batteries for electric vehicles (EV).
Retailers are expanding their range of ready-made dishes and prepackaged kits as consumers search for more convenient options in an increasingly competitive market.
Dongwon F&B, best known for canned tuna, jumped into the soup and stew home meal replacement (HMR) market with the launch of 14 new products.