Clik here to view.
Tech Developed to Make Eco-friendly Semiconductors Using Water
NewsKorean researchers have successfully developed a technology to manufacture eco-friendly semiconductors using water.On Aug. 23, a joint research team led by Professor Jung Dae-sung from Chung-Ang...
View ArticleClik here to view.
GS Caltex, Hyosung Aim to Cultivate Carbon Fibers
Challenge to Japan's StrongholdThe Korean carbon fiber industry is going to mount a serious challenge to the Japanese industry. Carbon fibers, which are very expensive cutting-edge materials, are...
View ArticleClik here to view.
Naver, AmorePacific Included in World’s 100 Most Innovative Companies by Forbes
Korean InnovationNaver Corporation and AmorePacific Corporation have been chosen as two of the World’s 100 Most Innovative Companies 2015.According to Forbes' annual list of The World's Most Innovative...
View ArticleClik here to view.
Is Korean Food Ready to Go Mainstream?
Bibigo’s London CaseThe first time the Korean government went public about a goal for the globalization of Korean traditional food, or Hansik, was during the Lee Myung-bak administration from...
View ArticleClik here to view.
SK Hynix to Mass Produce Ultra-fast SSDs Starting in October
Solid State HynixSK Hynix will mass-produce ultra-fast solid state drives (SSDs) using Non-Volatile Memory Express (NVMe) starting in Oct. The chipmaker, which has been lagging behind Samsung...
View ArticleClik here to view.
Korea's Big 4 Accounting Firms Participate in Competition for Internet Banks
Fintech CompetitionAmid intense competition between ICT and financial companies to secure rights to run Internet banks, the nation's big four accounting firms are joining the trend, actively seeking to...
View ArticleClik here to view.
Korea's Regulatory Body Finally Approves Microsoft-Nokia Merger
Final ApprovalThe Korea Fair Trade Commission (FTC) gave final approval to the merger between Microsoft and Nokia. Instead of allowing Microsoft to acquire Nokia's cell phone business, it won't be...
View ArticleClik here to view.
Three Local Mobile Carriers Waging War to Take Initiative in IoT Market
Three-way WarAs the market for the Internet of Things (IoT), in which it is possible to control home appliances and home security systems via smartphones is growing rapidly, the nation's three mobile...
View ArticleClik here to view.
Would Import of Chevrolet Impala Drive Korean Auto Market to Become Global...
Import ImplicationsThe Korean market has been leading the IT industry and serving as a test bed for its new products. Now, it is testing the possibility in the auto market.According to industry sources...
View ArticleClik here to view.
Korea's Economic Dependence on Japan Significantly Decreased After Abe...
Pulling BackEconomic dependence between Korea and Japan has been rapidly decreasing after Shinzo Abe took office as Japan's seventh prime minister in 2012.According to a report called the “Recent...
View ArticleClik here to view.
South Korea’s Income Terms of Trade Improves Due to Decrease in Oil Prices
Cheap Oil, Better Trade As the international oil prices have remained low, South Korea’s income terms of trade has continued to rise for a year.According to a report called “Foreign Trade Index and...
View ArticleClik here to view.
Foreign Workers Get Paid 20% Higher than Korean Workers
UnequalIt is found that real wages, including housing expenses, of foreign workers are 20 percent higher than that of Korean workers, despite foreign employees' lower productivity.According to a survey...
View ArticleClik here to view.
Porche, Maserati Put Up Good Show While Aston Martin, Audi Struggle
Korean Super Car MarketSouth Korea is considered to be the major market for luxury car manufacturers. However, sales results by company are at opposite poles. While Porche and Maserati are putting up a...
View ArticleClik here to view.
High-Level Inter-Korean Talks Dramatically Hammer Out Deal
Tensions ReleasedNorth Korea Exceptionally Expresses RegretHigh-ranking South and North Korean officials struck a deal in the early morning of Aug. 25 after a whopping four-day marathon of non-stop...
View ArticleClik here to view.
LG Electronics Unveils Low Vibration Front-loading Washing Machine
Centum SystemLG Electronics has unveiled its newest front-loading washing machine for the European market. The premium model, called “Centum TM,” reduces vibration and noise levels while raising...
View ArticleClik here to view.
Samsung SDS Launches Open-source Logistics Platform Cello Square
Open Source SamsungOn Aug. 25 Samsung SDS unveiled an open-source logistics platform named Cello Square, announcing that it will provide the service starting on Aug. 27.Cello Square is a space where...
View ArticleClik here to view.
Lotte World Expands Ticket Sales Service On Board
AirAsia CooperationOn Aug. 25, Lotte World Adventure signed a memorandum of understanding (MOU) at Lotte Hotel World to attract foreign tourists.The signing ceremony was attended by Lotte World...
View ArticleClik here to view.
GM Korea Tops Recall List in First Half
Reams of RecallsThe automakers that topped the recall list in the first half of 2015 are GM Korea in the domestic automaker sector and Mercedes-Benz in the foreign automaker sector.According to data...
View ArticleClik here to view.
E-Land Group Acquires Business License for 'Coffee Bean' in China
Licensing DealThe E-Land Group announced on Aug. 24 that it signed a deal with global coffee chain “The Coffee Bean & Tea Leaf,” and acquired the rights to do business in China.An official from the...
View ArticleClik here to view.
Korean Government’s Global Talent Scouting Project Finds It
SuccessThe South Korean government has worked on a project from 2013 to scout global talent for small and medium-sized enterprises (SMEs) that have difficulties in attract top-level human resources....
View Article