BBB Korea Promotes Campaign 'Creating Incheon Airport Without Language Barriers'
Interpretation NGOThe Korean non-governmental organization (NGO) BBB Korea (Chairman Yoo Jang-hee, www.bbbkorea.org), the worldās first NGO that provides actual services and programs about language and...
View ArticleLotte Displays Huge South Korean Flag on Lotte World Tower
Highest-flying FlagMarking South Korea's 70th anniversary of Liberation Day this year, Lotte Corporation announced on Aug. 6 that it has completed installing a large Korean flag on the 70th floor of...
View ArticleKISTEP Holds Signboard-Hanging Ceremony
New StartOn Aug. 5, Korea Institute of S&T Evaluation and Planning (KISTEP; President Park Young-ah) held a ceremony at the 9th floor of the KISTEP building in Yangjae-dong, southern Seoul, to hang...
View ArticleSouth Korean Government to Reform Chaebol Management Structure After Lotte...
Economic JusticeThe government and the ruling party have decided to reform the ownership structure of the country's family-run conglomerates amid a public backlash over the escalating power struggle in...
View ArticleKorean Manufacturers Cut Prices in China to Win Market Share
Strategic MoveSamsung Electronics and Hyundai Motor, Koreaās two major companies, have cut down their main products prices in China, the worldās largest market. This is to deal with low-priced Chinese...
View ArticleDelights Package from Seoul's Ritz-Carlton
Balcony PartyThe Ritz-Carlton in Seoul presents the Balcony Delights package, a chance to enjoy your own private party on an exclusive Ritz-Carlton outdoor balcony.The package combines one night in a...
View ArticleHealing Retreat in the Center of the City
Grand Hilton EventThe Grand Hilton Seoul is presenting an āAll About Healingā Package this summer from Aug. 1 to Sept. 6, 2015. Guests can relax in the Grand Hilton Seoulās stylish guest rooms, where...
View ArticleIs Elliott pulling out of Korean Market?
About FaceU.S. hedge fund Elliott Management has sold its shares in Samsung C&T, the South Korean construction company, after Elliott failed to stop an US$8 billion merger with another Samsung...
View ArticleDaum Kakao Announces Unprecedented Appointment of New CEO
Young BloodDaum Kakao's appointment of 35-year-old Rim Ji-hoon as the company's new CEO on Aug. 10 shows a willingness to restructure the company in line with the mobile era. The company stated that it...
View ArticleNew Nuclear Power Plant to be Built in Korea in 2026
APR+The Korea Hydro & Nuclear Power Corporation announced on Aug. 10 that APR+ atomic power stations will be built in Yeongdeok County, North Gyeongsang Province in 2026 and 2027. The new power...
View ArticleIn Search of Another Economic Miracle
South KoreaKorea celebrates the 70th anniversary of national liberation on Aug. 15. People are asking for a bigger role in enterprises to create another miracle on the Han River.According to Statistics...
View ArticleSamsung Electronics Excelling in NAND Flash Production
NAND BestAccording to market research firm IHS, 75 percent of the memory that Samsung Electronics producesĀ in the third quarter of this year is expected to be 10 nm-class NAND flash memory, and another...
View ArticleKorean Telecoms Operators Launch NFC Payment Services in China
Near Field PaymentsKorean mobile carriers are launching NFC-based mobile credit card services in China. The target customers are expected to expand from Korean tourists in China to the Chinese in...
View ArticleYouTube Challenged by Local Online Video Service Providers in Korea
Online PosturingNaver and Daum Kakao are actively seeking to take back the local Internet service market of online video services, taxi services, and SNS from foreign companies. In particular, they...
View ArticleSamsung Was Unable to Nap Top Spot in Smartphones Ranking in Certain Markets
Disputed KingSamsung Electronics reportedly became the largest smartphone vendor in most parts of the world in the second quarter of this year, aside from North America.According to market research...
View ArticleLargest Korea Musical Performance to be Held in France in Sept.
Korea-France Bilateral ExchangeA celebration of 130 years of diplomatic relations between Korea and France launches next year. A host of cultural programs will be held in both Korea and France for a...
View ArticleE-Land Group, Parkson Group Target Chinese Retail Market Together
Joint VentureSouth Korean retail giant E-Land Group announced on Aug. 10 that it has established a joint venture with Parkson Retail Group, the leading retail group in Chinese-speaking countries, to...
View ArticleSK Telecom Wins 3 Prizes in 2015 Red Dot Design Awards
NewsSK Telecom (CEO Jang Dong-hyun) announced that it has received three awards from the 2015 Red Dot Award held in Germany on Aug. 10.The nation's larggest mobile carrier said that Boxchool,...
View ArticleKorean Franchises Abroad Choose Diverse Structures
Business ArrangementsOver the past half decade, the number of franchises launched by Korean companies abroad has increased significantly. At the end of 2014, there were a total of 138 registered...
View ArticleSamsung Begins Mass-producing 256 GB 3D V-NAND Chips
Flashier 3D MemorySamsung Electronics announced today that it has begun mass producing 256 Gb 3D V-NAND flash memory chipsĀ for use in solid state drives (SSDs). These new chips have 48 layers of 3-bit...
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