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HP Korea Tops Local Unix Server Market for First Time in 5 Years
Unix Server BusinessHP Korea, for the first time in five years, has reclaimed the number one position in the local Unix server market in the final quarter of last year. IBM Korea has lost its...
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Boom of Software Defined Networking Market Coming
Era of SDNsAccording to industry sources on March 2, a growing number of local telecommunications and global ICT companies are using Software Defined Networking (SDN) and Network Function...
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ETRI to Hold Conference for International Standardization Related to SDNs
SDN StandardizationThe Electronics and Telecommunications Research Institute (ETRI) announced on March 9 that it is going to host an international conference related to Software Defined Networking...
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Chrysler, BMW Oppose Korean Gov't on Gas Mileage Issue
Fuel EfficiencyChrysler and BMW have raised objections to the penalty that the Korean government imposed for alleged fuel efficiency exaggerations. However, Audi and Volkswagen accepted the penalty....
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Logistics Business of Samsung SDS Showing Rapid Growth
Transport LogisticsSamsung SDS is increasing its presence in the transport logistics industry by expanding its fourth-party logistics segment based on its business associated with the parent Samsung...
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Korea Eximbank Concludes Multiple MOUs in Qatar
Financial Sector CooperationKorea Eximbank has signed an MOU with the Qatar Development Bank for cooperation in the financial sector. The purpose of the MOU is to share financial product development...
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Korea to Export SMART Nuclear Reactors to the Middle East
SMART ExportMinister of Science, ICT & Future Planning Choi Yang-hee said on March 9 that President Park Geun-hye’s recent visit to the Middle East will bring more opportunities for exporting the...
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Korean Petrochemical Companies Rushing Out of China
Market DiversificationKorean petrochemical companies are focusing on market diversification from China to the Philippines, Australia, Malaysia, Indonesia, Russia, and Europe, based on the recognition...
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Time for Legislation Against Terrorism
Legal SolutionViolence against U.S. Ambassador Mark Lippert has lead Koreans to discuss anti-terrorism legislation. The ruling party is calling for the swift passage of an anti-terrorism bill proposed...
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Korean Construction Companies Focusing on Large-scale Project in Kuwait
New Refinery ProjectEight Korean builders – Hanwha E&C, Daewoo E&C, Samsung Engineering, Hyundai E&C, Hyundai Engineering, Daelim Industrial, GS E&C, and Hyundai Heavy Industries – are...
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Samsung Refrigerators Superior to Competitors in Storage Performance, Power...
Functional ComparisonIt has been shown that there is a little difference in the performance of large refrigerators, depending on the surrounding temperature. And under testing, Samsung products...
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KITA Expects TPP to be Concluded in First Half of Year
TPP ConclusionThe Korea International Trade Association (KITA) has announced on March 10 that the Trans-Pacific Partnership (TPP) is highly likely to be concluded in the first half of this year, and...
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Non-executive Director System Now a Charity for Yes-men
4.5 Million Won per Yes99.7% of Non-executive Directors in Favor of Agendas at Board MeetingsThe non-executive director system, which was adopted in 1998 in order to restrain the despotism of major...
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Samsung Electronics Records Highest Brand Value in Korea
Brand ValuesBrand consulting group Interbrand announced on March 10 that the total brand value of the 50 major brands in Korea is equivalent to 125.155 trillion won (US$110.894 billion). Samsung...
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Competition Heating Up in Smart Watch Market
Function ComparisonApple unveiled its first wearable device, the Apple Watch, on March 9 (local time). The company explained that the watch provides zoom-in, zoom-out, and navigation functions as well...
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Korea Rises to No. 1 in Semiconductor Fabrication Capacity
Wafer CapacityMarket research firm IC Insights said on March 10 that Korea accounted for 21.1 percent of the global semiconductor wafer capacity in December last year, whereas Taiwan and Japan took up...
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KAIST Develops 10 nm Flexible Insulating Film
Core Tech for IoTThe Korea Advanced Institute of Science and Technology (KAIST) announced on March 10 that its research team led by biotech professor Lim Sung-kap and electrical and electronics...
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Institutional Investors Buying Samsung Group Shares in Quantity
Picky EatersThe Korea Exchange announced on March 10 that institutional investors sold KOSPI shares worth 203.7 billion won (US$180.6 million) that day, to continue net sales for the ninth consecutive...
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S. Korea Launches Office to Advise SMEs on Korea-China FTA Benefits
China DeskAs the Korea-China free trade agreement was initiated late last month, the South Korean government set up a new help center to fully utilize the bilateral FTA.The so-called China Desk will...
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Controversies over Kaesong Complex
Inter-Korean TensionAnother controversial issue raised by North Korea is fueling the growing tension between North and South.It was last month that the North announced a unilateral decision to raise...
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