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Samsung-Hanhwa Deal Must Still Solve Issues of Labor Unions, Financing...
Hurdles AheadThe Samsung and Hanwha Groups have cleared the government approval procedure regarding their big deal easier than expected. Under the circumstances, some issues are drawing attention...
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Why Has Samsung’s Share in Vietnamese Cell Phone Market Dwindled to Half in...
Halved SalesSamsung Electronics is losing its dominance in the sharply-growing Vietnamese cell phone market owing to attacks from the low priced competitors.According to market researcher IDC on March...
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Foreign Investments Concentrate on M&As This Year
M&A InvestmentAccording to the Ministry of Trade, Industry and Energy (MOTIE) on March 15, US$2.1208 billion of promised foreign M&A investment had arrived in January and February this year,...
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Independent App Markets, Platforms Challenge Market Dynamics Centered on...
Independent MovesWith competition in the mobile gaming market intensifying, the industry is paying attention to whether or not the dynamics of existing mobile gaming distribution channels led by Kakao...
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Bumpy Road Ahead for Mobile Payment Services
From Smoker to SmotherOnce NFC-based mobile payment services like Samsung Pay, Android Pay, and Apple Pay take root in the market, it is predicted that the increased weight of mobile credit cards could...
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KAIST Makes Platform for Integrating Mobile Health Care Techs
Integrated TechnologyThe Korea Advanced Institute of Science and Technology (KAIST) has built a platform that combines mobile and health care technologies, and will test its mobile health care service...
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Samsung Shareholders Expect Improvements, Management Promises New Strategy
Expecting ImprovementThe first shareholder meeting of Samsung since Chairman Lee Kun-hee fell ill last May and his only son became de facto commander-in-chief was held on March 13. Though Vice Chairman...
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Whirlwind Tour of Modern Korea Makes Clarity from Confusion
All That MattersLong-time foreign correspondent and historian Andrew Salmon has put together a nifty new book entitled Modern Korea: All That Matters that presents with an understated elegance the most...
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Sales, Credit Ratings, Operating Income All in Decline for Korean Firms
Downward TrendMost of the listed companies in South Korea saw sales and operating profits decrease this past year, including giants like Samsung Electronics and Hyundai Motor. In addition, the largest...
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Minister Yoo to Boost Economy via Strong Territorial Defense
Marine DiplomacySouth Korea's Yoo Ki-june, the newly-nominated minister of oceans and fisheries, said in his inaugural speech that he is actively considering expanding public access to Dokdo as a part...
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Samsung Electronics Fulfills Long-cherished Wish for Wearable Device
Next-gen Smart WatchAccording to sources in the industry on March 16, Samsung Electronics is expected to use Samsung’s own 14 nm Exynos 7420 application processor in its next-generation wrist watch...
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Why Does Apple Exclusively Mount Samsung SSDs in MacBooks?
Fact of LifeWith its 850 Evo 3D V-NAND flash SSD finally being mass produced, Samsung Electronics is dominating the solid state drive (SSD) market. Since there is a considerable gap in technology with...
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Lotte Funds Busan Innovation Center
Transforming BusanYesterday the Korean government opened its seventh innovation center in Korea's second largest city, Busan. President Park Geun-hye attended the opening ceremony of the Busan Center...
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China Putting Pressure on Korea about AIIB, THAAD Issues
Forcing ChoicesChinese Assistant Foreign Minister Liu Jianchao, who is staying in Korea, said at a press conference on March 16 that China is hoping to see the Korean and U.S. governments make an...
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Passage of Cloud Computing Act Posing Concerns for Korean Service Providers
Unprepared Cloud ServicesAccording to the Act on the Development of Cloud Computing and Protection of Users that passed the plenary session of the National Assembly earlier this year, public...
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Purchasing Power, Money Flow Continuing to Deteriorate in Korea
Faltering Consumer SentimentAccording to Nielsen’s recent consumer confidence survey, Korea’s consumer confidence index fell from 52 to 48 between the third and fourth quarters of last year. The only...
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Top 30 Conglomerates Increase Investment, Decrease Employment
Job Market ContractionThe Federation of Korean Industries (FKI) announced on March 16 that the 30 non-financial conglomerates (business groups) in Korea with the largest amount of assets are expected...
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Yozma Group Picks Korea as First Investment Partner in Asia
Yozma’s ChoiceThe Yozma Group announced that it signed a strategic investment agreement with 500V on March 13. According to the contract, the Yozma Group will invest 1 billion won (US$888,260) in 500V...
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Slave Workers Outside North Korea, Abducted Foreigners Inside North Korea
Northern Rights IssueA senior human rights investigator at the United Nations issued a report on North Korea’s kidnapping of numerous foreign nationals. Marzuki Darusman, U.N. Special Rapporteur for...
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British Fashion, Lifestyle Comes to Seoul Consumers
British Lifestyle ShowcaseU.K. Trade and Investment organized the British Lifestyle Showcase, a one-day exhibition at the Plaza Hotel in downtown Seoul today. The event was organized to promote U.K....
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