Industry

Lotte Chemical Group chief Lee Youngjun says 2026 will be major turning point for future growth

Lee Youngjun, chief of Lotte’s chemical group, says the company will make 2026 a major turning point for future growth. He sets priorities including business rationalisation, stronger financial soundness and cash-flow-focused management, with resources concentrated on competitive businesses. The company also plans to widen operational synergies under PSO, expand specialty materials across several fields and rebuild its mid- to long-term R&D roadmap, while stressing a healthy organisational culture and safety.

AI & Enterprise

Big firms heat up M&A in global security market at start of year

Merger-and-acquisition activity led by major players is picking up in the global security market at the start of the year. SiliconAngle, citing Israeli outlet Calcalist, reported Palo Alto Networks is pursuing Israeli cybersecurity startup Koi Security in a deal valued at about $400 million. Separately, Calcalist reported Cisco is seeking to buy security asset-management startup Axonius for about $2 billion, though Axonius said it has not held acquisition talks with Cisco.