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Samsung Leads Global SSD Market, Beating Intel by Double
Double WinSamsung Electronics led the global solid state drive (SSD) market last year with its market share double that of its U.S. rival Intel, the biggest semiconductor corporation in the world.Intel...
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Galaxy S6 to be Sold in Japan without Samsung Logo
Stealth GalaxyThe smartphone industry is growing more and more interested in Samsung's move to ditch its logo from the Galaxy S6 being sold in Japan. It seems the strategy stems from concerns for the...
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CJ Group Joins Bidding War for Daewoo Logistics
Corporate ConsolidationWith CJ Korea Express trying to take over Daewoo Logistics, the company seeks growth enough to become a leading global logistics company. The company officially announced its...
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Samsung SDS to Launch Fingerprint Mobile Payment Service This Month
Biometric SecuritySamsung SDS announced on April 20 that its biometric authentication solution has received certification from Fast IDentity Online (FIDO), and has officially entered the market....
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Up-to-date Bloomberg Billionaires Index Includes 3 Korean Nationals
1% of 1%According to the Bloomberg Billionaires Index released on April 20, the total wealth of the four Chinese billionaires on the top 100 list increased by approximately US$19.4 billion to US$103.9...
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KAIST Develops Wi-Fi Network Handoff Technique for Smartphones
Wi-Fi EvolutionThe Korea Advanced Institute of Science and Technology (KAIST) announced on April 20 that electrical and electronics engineering professors Park Kyung-soo, Lee Yung, and Jung Song have...
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Forbes Criticizes US Congress for Japanese Prime Minister’s Speech
Sharp WordsForbes contributor Eamonn Fingleton has said that money is behind the invitation of Japanese Prime Minister Shinzo Abe to speak at the U.S. Congress.“Congress now runs ever more explicitly...
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Insurers to be Allowed in Combo Stores
Financial ConsolidationThe financial authorities are planning to allow insurers to be housed in combo stores of banks and securities companies. The determination is to allow the stores to handle...
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Smartphone Manufacturers Seeking Better Materials
Better AluminumsIt is being predicted that Apple’s next iPhone will adopt a new aluminum material for its metal case in order to avoid another Bendgate. A promising candidate is aluminum 7000, which...
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Saudi Aramco Board Visits Korea for 4 Days
Curious VisitBoard members of Saudi Arabia's state oil firm Aramco visited Korea for four days to hold their board meeting.According to sources in the industry on April 21, 11 high-ranking company...
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DSME Closes Backlog Gap with #1 Hyundai Heavy Industries
Long LineAccording to Clarkson, a British market survey institute that focuses on shipbuilding, on April 21, the Okpo Shipyard of Daewoo Shipbuilding & Marine Engineering (DSME) placed first among...
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Qualcomm May Opt for Samsung’s Foundries to Produce Snapdragon 820
Shifting StrategyIt has been rumored that Qualcomm might go with Samsung for the production of its next high-end smartphone chip, the Snapdragon 820.According a news report from the US tech news site...
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GM Korea's Labor Union Under Criticism for Exorbitant Requests
Reasonable or No?Last month, GM Korea provided a payback installment plan for the first time in 10 years. That is, the company returned the interest corresponding to 1 percent of the principal to those...
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“Expansionary Fiscal Policy Will go on For the Time Being”
Hold Out for RecoveryDeputy Prime Minister and Minister of Strategy and Finance Choi Kyung-hwan said on April 21 that he would adhere to expansionary fiscal policy until the recovery of the Korean...
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Huawei Korea Crossed the Line in Brain Drain
A Head Too FarHuawei Korea recently attempted to scout developers and sales managers from Dasan Networks via headhunters. Similar unnoticed attempts had been made in the past, as well. The Korean...
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Korea Approves Soluble Metallic Screw for Medical Applications
BonescrewThe world’s first metallic screw for medical purposes that fixes broken bones and is dissolved into the human body over time won its approval in Korea.The Ministry of Food and Drug Safety...
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ASEAN Emerging Rapidly as Mega Market
Economic MilestoneThe Association of Southeast Asian Nations (ASEAN) is accelerating its economic development to the point of taking the place of China as an emerging market, home to attractive...
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Korean Banks Attention Riveted on AEC
Economic AttractionThe ASEAN Economic Community (AEC) of 10 countries, including Indonesia, Thailand, and Vietnam, will launch late this year. Financial integration in the ASEAN region is expected to...
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One Road One Belt Project Picking Up Speed
Chinese PolicyChina is accelerating its One Road One Belt project by investing US$62 billion in its state-run banks and US$46 billion in Pakistan.The purpose of the project, which is at the center of...
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KT&G Supports Low-income Indonesians with Sangsang Village Project
Social SupportKT&G launched a “Sangsang Village” project that improves the housing environment of overseas low-income families, the company said. First, KT&G will fund 640 million won...
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