Clik here to view.
Lotte Group to List Major Affiliates, Accelerating Corporate Governance...
Bringing ClarityIn a bid to raise funds worth 7 trillion won (US$5.92 billion) to get rid of its cross-shareholding structure and become a holding company, the Lotte Group has decided to push ahead...
View ArticleClik here to view.
LG Chem Expands Acrylic Acid and SAP Production Facilities
LG ExpansionLG Chem announced on Aug. 19 that it put into operation new acrylic acid and SAP production facilities in its plant located in Yeosu City, South Jeolla Province.The new facilities increased...
View ArticleClik here to view.
Doosan Infracore Considers Shutting Down China’s Yantai Plant
Hard DecisionsDoosan Infracore is internally considering shutting down its plant in China. Due to the slump in China’s construction industry, more and more Korean firms that have entered the Chinese...
View ArticleClik here to view.
DSME Maintains #1 Shipyard Position by Order Backlog for 9 Consecutive Months
Waiting ListSouth Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) has maintained its position as the world's largest shipbuilder by order backlog for nine straight months.According to...
View ArticleClik here to view.
Seeking Regional Leadership in Science and Technology
KISTEP's VisionCreating Relationships between Regional Experts throughout AsiaBusiness Korea met with Park Youngah, the current president of the Korea Institute of S&T Evaluation and Planning...
View ArticleClik here to view.
Samsung’s Galaxy Note 5 Takes Title of Best Smartphone Display
Best DisplayIn lab tests analyzing screens, the super AMOLED Quad HD (2560×1440) display panel of the Galaxy Note 5 was rated as “the best performing smartphone display" by DisplayMate, a U.S.-based...
View ArticleClik here to view.
Hanssem Chosen as Official Sponsor in Furniture Sector for Military World...
Military FurnitureHanssem Co., the nation’s leading total home interior company, held a signing ceremony on Aug. 20 as an official sponsor in the furniture sector for the 6th CISM World Games Korea,...
View ArticleClik here to view.
Hyundai Mobis Accelerates European Market Invasion
Invading FranceHyundai Mobis is accelerating its market invasion of Europe. After putting efforts in for five years, the company has recently signed its first-ever contract to supply parts to PSA...
View ArticleClik here to view.
Increase in Number of Korean Venture Firms Reporting Over 100 Billion Won in...
Venture SpringThe number of venture firms that turned over more than 100 billion won (US$84 million) last year is 460, a year-on-year increase of 7.On Aug. 20, the Small and Medium Business...
View ArticleClik here to view.
Gaming Companies to Launch Online, Mobile Games in Earnest with Virtual...
Virtual Reality RealMany game developers have started to develop games in earnest to release new products, using Virtual Reality (VR) technology based on smart devices.According to industry sources on...
View ArticleClik here to view.
Korean Researchers Develop Tech to Make Spongy Nanogenerator
Spongy NanogeneratorA Korean research team has succeeded in developing a technology for a nanogenerator that can operate via just pressure and produce 10 times as much power as conventional methods....
View ArticleClik here to view.
Concerns Raised over S. Korea's Heavy Dependence on China
Unstable Foundation?South Korea's economic dependence on China has increased significantly after establishing diplomatic ties, a private think tank said, raising the need for policy efforts to cope...
View ArticleClik here to view.
KEPCO Secures Technology to Extract Lithium from Cinder
Rare EarthsThe Korea Electric Power Corporation (KEPCO) announced on Aug. 20 that it has developed a source technology to extract more than 90 percent of the lithium, a rare high-value metal, contained...
View ArticleClik here to view.
Nolboo Carving Out Trendy, Exotic Niche in China
Chinese MarketingAlthough Nolboo, a Korean restaurant franchise, made its first foreign entry in 2006 by opening a restaurant named “Galbi in a Jar” in Beijing, at the time, the operation was limited...
View ArticleClik here to view.
Hyundai Motor Holds Head-on Collision Test with Domestic, Export Sonata Models
No DifferenceOn Aug. 22, Hyundai Motor held the Sonata head-on collision test demonstration at Hyundai Motor’s road circuit, located in the international business district of Songdo, Incheon. This was...
View ArticleClik here to view.
Chevrolet Impala in Short Supply Due to Stronger than Expected Demand
Market ShortageAccording to auto industry sources on Aug. 23, cumulative pre-orders for the Chevolet Impala have surpassed 3,000 units as of Aug. 21. On a daily basis, about 200 deals are signed.GM...
View ArticleClik here to view.
South Korean Residential Housing Happiness Index 25th among OECD Nations
Living at BottomSouth Korea’s residential happiness index ranked 25th among 34 OECD countries, appearing at the bottom of the list.According to a survey called “OECD Well-being by Region” on Aug. 20,...
View ArticleClik here to view.
Korea-ASEAN FTA to Revise in Export Business Friendly Manner
More ExportingThe Korea-ASEAN FTA has upgraded to the next level to greatly improve the convenience of Korean export firms.Yoon Sang-jik, the minister of trade, industry and energy, and trade ministers...
View ArticleClik here to view.
Galaxy Note 5 Goes Up Against iPhone 6S
Screen to ScreenSamsung Electronics' Galaxy Note 5 and Galaxy S6 Edge+ have been enjoying tremendous popularity since their introduction to the nation on Aug. 20.According to sources in the mobile...
View ArticleClik here to view.
Doosan Group to Begin Implementing Wage Peak System at All Affiliates from...
Wage SlopeThe Doosan Group has become the nation’s first major business group to implement the wage peak system at all of its affiliates.According to industry sources on Aug. 20, its four affiliates –...
View Article