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Korean LCD Industry to Beat Chinese Rivals with OLED Panels
Quality vs. QuantityAs Chinese LCD makers are expected to outperform Korean rival companies in 8th-generation panels from next year, Samsung Display and LG Display apparently intend to expand their...
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Collegiate Job Seekers Prefer Naver
New HiresJob portal Incruit announced on July 9 that Naver was picked as the Korean company that the largest number of Korean college students want to work for after graduation. This year’s survey...
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Korea’s Mobile Phone Exports Showing Solid Growth
Tech OutflowThis year, the global ICT market is expected to record negative growth. Last month, total exports from Korea decreased by 1.8 percent. Nevertheless, mobile phone exports from the country...
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Rent Korea: 17 Years of Finding Foreigners Accommodations
Company ProfileRent Corea is a subsidiary of the Taeyoung Real Estate Group specializing in the sales and rent of luxurious apartments and villas, targeting foreign employees, researchers, and...
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Hyundai Rotem Competes for South American Development Projects
Southern InfrastructureThe South Korean Ministry of Land, Infrastructure and Transport (MOLIT)’s undersecretary, Kim Kyung-hwan, is visiting Colombia, Peru, Chile, and Brazil with a support group of...
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LG U+ to Present Post-LTE Services
Vice Chairman VisionOn July 12, LG U+ announced that Vice Chairman Lee Sang-chul is scheduled to give a keynote speech, titled “A way toward 5G,” during MWC Shanghai 2015 from July 15 to 17. He is...
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KT's GiGA Wire Tech Recognized as International Standard
ITU MotionOn July 10, KT announced that its GiGA Wire technology, a telephone line-based Internet transmission method, was recently adopted as an international standard at an ITU-T meeting in Geneva,...
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Samsung, LG Aim to Draw Attention with Spin-offs of Galaxy S6, G4
Keeping Your EyeWith the Galaxy S6 and the G4 receiving a lot of attention in the global smartphone market during the first half of this year, spin-off models are expected to draw attention once again...
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Regional Economies Recovering from MERS-CoV Outbreak
End in SightThe Ministry of Government Administration and Home Affairs announced on July 12 that regional economies are showing signs of a gradual recovery from the recent MERS-CoV outbreak.According...
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Elliott Management Likely to Stall for Time after Samsung C&T-Cheil...
Next StepThe National Pension Service (NPS) is expected to agree to a merger between Samsung C&T and Cheil Industries at the extraordinary shareholders’ meeting scheduled for July 17. Then, the...
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Korea Hydro & Nuclear Power Corporation Attacked Online Again
Cyber Attack AgainKorea Hydro & Nuclear Power Corporation’s internal data was circulated online again on July 8, with a self-proclaimed hacker threatening to expose the corruption of the...
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National Pension Service Having Hard Time Choosing Sides
Big DecisionThe National Pension Service (NPS) pushed back its decision on the merger between Samsung C&T and Cheil Industries. In addition, it still remains up in the air whether the matter will...
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South Korean Game Makers Take Smooth Root in Global Market
Flourishing AbroadSouth Korean game developers are achieving success in the overseas market. The games are seeing long-term results and meaningful performance in terms of cumulative sales. Domestic...
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South Korea to Invest 12.638 Trillion Won in R&D Next Year
2% LessThe government has decided to invest 12.638 trillion won (US$11.18 billion) in the nation’s research and development (R&D) projects next year. The figure is a 2.3 percent decrease from...
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Exports Decrease 15% Due to Overseas Production
Limited China TradeIndustry watchers say that exports have decreased due to overseas manufacturing, which could have an adverse effect on overall exports.According to the “Processing and Intermediary...
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Hana Bank, Korea Exchange Bank Agree to Merger
AgglomerationHana Bank and the Korea Exchange Bank have consolidated to give rise to a new giant with total assets of approximately 290 trillion won (US$254 billion), second to none in the Korean...
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Korean Air, Hotel Shilla Extend Invitation to Chinese Tourists
Free TripsKorean Air and the Hotel Shilla held a welcome event and familiarization tour to invite heads of travel agencies and journalists in Chinese cities at Entry Gate A on the first floor in...
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DGFEZ Succeeds in Attracting Chinese Capital
Auto PartsChinese capital will be invested in the Daegu-Gyeongbuk Free Economic Zone (DGFEZ) for the first time.Two Chinese auto parts manufacturers and one the ADA Corporation, a Korean company, are...
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iPhone Users Comprise 94% of Local Fingerprint-based Mobile Payment Services
Digital VerificationThe nation's iPhone users are said to be more actively utilizing local mobile payment services through fingerprint identification than those who own Android phones.Since May, the...
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Samsung Selects 10 Core Techs in IoT Era
Selecting LeadsThe Samsung Group selected ten candidate technologies that are expected to lead the Internet of Things (IoT) era. They are about new techs that can connect to smart sensors and mobile...
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