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Biological Factor Found to Help Kill Infected Cells
Strengthening ResponseA Korean research team has discovered a core biological factor capable of killing infected cells more effectively by securely anchoring T lymphocytes to infected cells.The...
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Korean, Japanese Business Leaders Urge Economic Bloc
Joint GrowthBusiness leaders of South Korea and Japan called for joint efforts to boost economic cooperation between their countries Thursday, while vowing support for ongoing negotiations to form a...
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GTB Awards KT’s Wireless Network Infrastructure in Rwanda
Joint AwardThe Global Telecoms Business (GTB) Innovation Award, held in London on May 13, awarded the “olleh Rwanda networks” (oRn) the wireless network infrastructure innovation award, KT said on May...
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Korean Air Transports Emergent Aid to Nepal for Free
International AidKorean Air is transporting about 35 tons of emergent aid from the Korean Red Cross to Nepal without charge, the company said.The shipment’s value is about 100 million won (US$91,983),...
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Hyundai-Kia Motors Struggle with Strong Won
Exchange DisasterHyundai Motor and its affiliate Kia Motors are reeling under the huge blow of the exchange rate changes. Amid profits directly hit by the relatively strong won compared with the euro...
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Samsung to Expand Business Areas, Including ARM-based IoT, Mobile Processors
Reaching FurtherWith once-dominant players Intel and Qualcomm struggling in the global semiconductor market, Samsung Electronics and MediaTek are challenging the two companies for market dominance,...
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Samsung's DRAM Market Share at 40%
Tipping Point AheadSamsung Electronics is riding high with its share of the global DRAM market at 40 percent.According to a report on performance in the first quarter of this year published by Samsung...
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Virtual Desktop Infrastructure to Be Expanded
Work AnywhereAs an increasing number of personal mobile devices like smartphones, laptops, and tablet PCs are being used for office work, virtual desktop infrastructure (VDI) is receiving a lot of...
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Domestic Shipyards Sweep Mega Container Ship Market
Good RepDomestic shipyards are sweeping up the global ultra-large container ship market.According to shipbuilding industry sources on May 15, total orders of 21 container ships exceeding 20,000 TEU in...
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Women Assuming Greater Significance in Securities Industry
Prejudice FallingThe number of women working in the domestic securities industry is on the rise, despite the restructuring and consolidation of branches that took place last year. In addition, they are...
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Experts Give Differing Advice on Korean Economy
No ConsensusThe Korean Economic Association held a symposium on May 15 under the theme of challenges to and solutions for the Korean economy.At the symposium, Park Myung-ho, head of the Center for...
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KCIS Introduces Korean Culture to Foreigners in the Country
Hello, Mr K!The Korean Culture and Information Service (KCIS), a subsidiary of the Ministry of Culture, Sports and Tourism, put together a collection of old and new cultural performances called “Hello,...
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Kumho Tire to Enhance Partnership with Yokohama Rubber
Reaching OutKumho Tire will enhance its partnership with the Yokohama Rubber Co., Ltd., Kumho Tire said.Both companies began to discuss the supply of original equipment manufacturer (OEM) parts, Kumho...
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New Zealand Wine Festivals in Seoul, Busan this Summer
Kiwi WineIf you don't have enough New Zealand wine in your life, the New Zealand Chamber of Commerce is looking to fix that. In Seoul, the organization will throw a New Zealand Wine Festival on...
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Orion’s Choco Pies Exceeded 100 Billion Won in Global Sales in Q1
Global SnackOrion announced on May 18 that the Choco Pie exceeded 100 billion won (US$92.04 million) in global sales in the first quarter of 2015, reaching a record high.In the food industry, a brand...
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Kolon Group Receives FDA Approval for Phase 3 Clinical Trials of Invossa
Knee MedicineInvossa made by the Kolon Group (Chairman Lee Woong-yeul), the world’s first allogeneic cell therapy for osteoarthritis of the knee, will start Phase 3 clinical trials by the U.S. Food and...
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STX Offshore & Shipbuilding Wins Contract to Build 8 LR1 Tankers
Half of TotalFollowing March, STX Offshore & Shipbuilding has won an order to build Long Range Product Carriers (LR1) once again, sweeping more than half of total LR1 tanker orders made in the...
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Government, 100 Private Enterprises Partner for IoT Ecosystem
Ecosystem of Things The Korean government and large and mid-sized companies have forged a partnership to create an ecosystem for the Internet of Things (IoT).First, they are going to secure a...
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Establishment of Internet Banks Expected to Gain Momentum
Identity QuestionWith financial authorities easing the real-name financial transaction system after 22 years, there are many expectations and worries about the financial industry at the same time.The...
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Korea to Finance Infrastructure Construction Projects in India
International HandThe Korean and Indian governments start negotiations in June next year or earlier for improving their Comprehensive Economic Partnership Agreement (CEPA).According to the current...
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