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‘CT, Automobile Industries’ Growth Seems to be Limited Next Year’
Losing SteamThe Hyundai Research Institute announced on Nov. 22 that a recovery of the Korean economy is likely to take time due to the lack of traction.“The steel, shipping and shipbuilding industries...
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5G Era Brings Together Korean, Chinese, Japanese Telecoms Leaders
North Asian CooperationLeading telecommunication companies of Korea, China and Japan agreed to actively cooperate to take the initiative in 5G mobile services.KT announced on Nov. 20 that their...
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Indonesia Emerging as New Battlefield for ICT Companies
Indonesian MarketKorean mobile companies are making inroads into the Indonesian market. The Korean mobile industry anticipates that Indonesia will rise as a new mobile market, since the nation has the...
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Restructuring Scenarios Flying Around in Shipbuilding Industry
Floating RumorsWith a restructuring whirlwind hitting the Korean shipbuilding industry, various restructuring scenarios are flying around, fueling confusion in the industry. According to creditors and...
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‘The Big 5 Dubai’ Gears Up for Big 2015
‘The Big 5 Dubai’‘The Big 5’ together with Middle East Concrete 2015 and PMV Live 2015The 36th Big 5 International Building & Construction Show (www.thebig5.ae) is a 3-day event being held from...
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Uniqueness of Korea’s Industry 4.0
Interview with Secretary Lee Gyu-bongGlobal Status of Korean Smart Factory Technologies and Government StrategiesBusiness Korea met with Lee Gyu-bong, the Secretary of the Smart Factory Division at the...
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LG Electronics Halts Sales of Urbane 2 Smartwatch in U.S. Due to Hardware...
Faulty WatchLG Electronics has halted the global rollout of its new Urbane 2 watch due to some hardware issues. The LG Watch Urbane 2nd Edition LTE was to be the first of the new breed of Android Wear...
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IBK Showcases Crowdfunding at Creative Korea 2015
Crowdfunding EraThe Industrial Bank of Korea (IBK), South Korea's fourth-largest bank by assets, announced on Nov. 23 that it will display and provide consultation about “crowdfunding” which is rapidly...
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LG Electronics Releases New 1.8mm Bezel Video Wall
Slim SignageLG Electronics announced on Nov. 23 that it has released its digital signage named “VH7B” with the world’s slimmest bezel.The new LG Electronics 1.8mm bezel Signage is redefining the...
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Hyosung Unveils World’s Largest Bulletproof Panel at Milipol Paris 2015
Defying BulletsHyosung announced on Nov. 23 that it unveiled the world’s largest bulletproof panel using aramid fiber called Alkex at the Milipol Paris 2015, the international defense exhibition held...
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LGD Succeeds in Localization of Major Curved OLED Panel Components with Partners
Partnering UpThrough coexistence with partner companies, LG Display has succeeded in the local production of the main components for curved organic light-emitting diode (OLED) panels, which are...
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Samsung C&T Leading Large-scale Transport Project in Australia
Building Down UnderSamsung C&T announced on November 23 that it clinched the deal for the second phase of the WestConnex project, which is the largest transport project in the history of Australia...
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Amount of Direct KRW-RMB Transactions Increasing Rapidly
Direct TransactionThe Seoul branch of the Bank of Communications of China announced on Nov. 23 that the daily average amount of direct clearing transactions between the Korean and Chinese currencies...
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Korean Government to Work on Growth of Energy Sector
Funding GrowthThe Ministry of Trade, Industry & Energy presented a new plan for the growth of the energy industry on November 23. The idea is to make a large investment in the fields including...
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China Accelerating Anti-Microsoft Move
Anti ActionIt has been found that self-developed operating systems are in use in an increasing number of PCs sold in China. At present, the Chinese government is encouraging the use of the Kylin OS,...
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SanDisk Emerging Rapidly in Global NAND Flash Market
SanDisk RiseAccording to market research firm DRAMeXchange’s recent report, Samsung Electronics accounted for 31.5 percent of the global NAND flash market in the third quarter of this year, followed by...
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KDB and DBS Signed MOU for Business Cooperation
Blue Ocean MarketsThe Korea Development Bank (KDB) is launching a variety of marketing campaigns in overseas markets. To this end, the bank signed a series of memorandums of understanding with the...
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Hyundai Heavy Industries Group Tightening Its Belt
'Voluntary' AusterityThe top management of the Hyundai Heavy Industries Group, which has six subsidiaries of Hyundai Heavy Industries, Hyundai Mipo Dockyard, Hyundai Samho Heavy Industries, Hyundai Oil...
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SK C&C Completes Establishment of Yuan Clearing System in China’s Bank of...
Yuan HubThe Seoul branch of the Bank of Communications of China has become the nation’s first and only bank to establish a yuan clearing system. The bank established this system to meet the mounting...
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Samsung Gear VR Shows Signs of Smash Hit
Headset HotcakesSamsung Electronics’ new Gear VR virtual reality headset became sold out as soon as it was released in the domestic market.According to Samsung Electronics’ Online Store on Nov. 25, the...
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