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Dongbu Daewoo Electronics Customizes Products for Southeast Asian Markets
New FryersOn April 13 (local time), Dongbu Daewoo Electronics unveiled its 2015 product lineup in a press conference at the Marriott Hotel in Jakarta, Indonesia. A company representative said, “We...
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Kumho Asiana Group Chairman Park Sam Koo Accused of Stock Price Manipulation
Stock ScandalKumho Asiana Group Chairman Park Sam Koo has been accused of allegedly manipulating stock prices in order to lower the takeover price of Kumho Industrial Co.According to the industry, a...
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LG CNS CEO Kim Dae-hoon Stresses IoT Services over Devices
Internet of Servile ThingsLG CNS CEO Kim Dae-hoon stressed the importance of services over devices in the Internet of Things (IoT) industry.Kim said on April 14, “As the IoT industry will be more...
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Government-led Corporate Restructuring Gave Rise to Keangnam Enterprises Fiasco
Mass IncompetenceKeangnam Enterprises is being delisted today. With banks’ losses snowballing, the creditors are criticizing the financial authorities for having tried to save the company in vain. The...
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Domestic Electric Vehicle Market Showing Rapid Growth
Governmental SupportCompetition in the electric vehicle (EV) market is becoming increasingly fierce, with the central and local governments expanding their policy for the popularization of EVs and...
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Mobile B2B Alliance between Samsung Electronics and Oracle is Weakening
Corporate CompetitionOracle is aiming to win the mobile enterprise resource planning (ERP) system establishment project to be launched by Samsung Electronics in return for its assistance in Samsung...
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More than 80% of Listed Korean Companies Gained This Year
Profits UpApproximately 85 percent of those companies listed on the Korean stock market posted an increase in stock prices this year, with the KOSPI and KOSDAQ showing bullish moves. According to the...
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Biometrics-based Payments Not Yet Free from Security Risks
Inherent RiskGlobal financial and IT companies are unveiling many biometrics-based payment tools. Their information security risks have yet to be addressed, though. MasterCard, for example, is...
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Google Trends Shows Galaxy S6 Beating Apple Watch in Public Consciousness
Clear WinnerSmartphones and smart watches are supposed to be complementary, but when new models of each come out on the same day, consumers quickly realize that they only have so much money to spend on...
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KOWEPO President Pledges to Become Global Top Leader by 2025
Competitive DNAIn a bid to grow into a top global leader by 2025, Korea Western Power Co. (KOWEPO) is striving to lay a foundation by constructing a combined cycle power plant in Dongducheon, a wind...
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LG Display Targets Chinese Market with Ultra Slim 8.22mm Panels
Slim as a PhoneWith its Art Slim panels, which are significantly reduced in thickness and weight, LG Display is ushering into an era of ultra slim TVs. The company announced on April 16 that it invited...
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Drones Expanding Scope of Applications
Drone Golden AgeAn increasing number of fields are making use of drones these days. Under the circumstances, the UAV industry is predicted to accelerate its growth for a while. According to the Teal...
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“Washington is Negative about Korea’s Accession to TPP as of Now”
Trans-Pacific Non-PartnershipThe Washington Post (WP) reported on April 15 (local time) that the U.S. government is negative, at least at this point in time, about South Korea’s participation in the...
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Korean Social Commerce Market Growing Rapidly
Communist CapitalismCoupang, Ticket Monster, and WeMakePrice recently released their audit reports, which showed that the domestic social commerce market is rather stabilizing, although the three were...
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Korean Forex Market Volatility Hits 3-year High
Foreign ExchangeKorea’s foreign exchange market volatility has reached a three-year high based on expectations for an interest rate hike in the United States. According to a Bank of Korea report...
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Korea to Provide US$300 Million for World Bank-led Projects in Developing...
Paying BackThe Korean government is planning to provide approximately US$300 million for four years to come for development projects in developing countries led by the World Bank (WB).Deputy Prime...
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Brand-new Smartphones Coming with Improved Cameras
ObsolescenceSmartphones have begun to come with cameras comparable to digital single lens reflex (DSLR) cameras, with competition in the smartphone camera market heating up this year. The first cameras...
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Tizen Smartphones to be Available in More Countries
Branching OutSamsung Electronics is planning to release Tizen smartphones in various markets, including the United States, China, Korea, Russia, India, Malaysia, and European countries, in the second...
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Entire South Korean Financial Sector Entering Indonesian Market
Financial ExchangeThe entire South Korean financial sector obtained legal rights to enter the Indonesian market, Park Mi-ri, a secretary of the South Korean Financial Services Commission (FSC), told...
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Hanwha Q Cells to Supply Solar Modules Worth 1 Trillion Won
Clean EnergyHanwha Q Cells, the combined solar company of Hanhwa Group, will provide solar modules worth 1 trillion won (US$926.18 million). It will be the largest scale in the global solar market for...
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