Clik here to view.
LSIS Chengju, Most Advanced Smart Factory in Korea
Inside the LSIS Chengju PlantThe G division of LS Industrial Systems’ (IS) Chengju production represents one of the most advanced “smart” production facilities in Korea. With all production lines...
View ArticleClik here to view.
EV Battery Makers in Fierce Competition
EV Battery WarAccording to industry sources, the global total electric vehicle (EV) sales increased by 47 percent from a year ago during the first three quarters of this year based on governments’...
View ArticleClik here to view.
Future Trading in Direct Won-Yuan Trading Market Remaining Dormant
Won-Yuan TradingSouth Korea's direct won-yuan trading market celebrates its first anniversary on the first day of next month. The daily average trading volume almost tripled from US$880 million to...
View ArticleClik here to view.
LSIS's Internationally Standardized RAPIEnet Techs
Industrial Ethernet What follows is an excerpt from a presentation by Kwon Dae-hyun, a senior researcher at LSIS Research Institute, given at Soongsil University on Nov. 20, 2015.The hottest topic...
View ArticleClik here to view.
Passing of Former President Kim Young-sam and IMF Nightmare
End of an EraFormer President Kim Young-sam has passed away. He was a pillar of recent Korean history, which achieved both the democratization and industrialization of a country within the shortest...
View ArticleClik here to view.
Popularity of Convenience Store Lunch Boxes Soars
Lunch BoxesThe competition for lunch box meals is getting fiercer among South Korean convenience stores, as the market is growing rapidly largely due to the rise of single-person households and the bad...
View ArticleClik here to view.
Wearable Devices Becoming Increasingly Popular in Korea
Wearable PopularityIt has been found that the number of wearable device users in Korea increased by more than 90-fold in a year to break the 300,000 mark.The Ministry of Science, ICT & Future...
View ArticleClik here to view.
Samsung Electronics Became Russians’ Most Favorite Brand for Fifth...
Favorite Brand in RussiaRussian market research firm OMI announced on Dec. 6 that Samsung Electronics ranked first for the fifth consecutive year in its online survey of Russians’ most favorite brands....
View ArticleClik here to view.
Korean Bulk, Gas Carrier Operators are Faring Well
Faring better than Container CarriersKorean bulk and gas carrier owners such as SK Shipping, Pan Ocean, Dae Han Transport and KSS Line are dealing with adverse conditions in the global shipping...
View ArticleClik here to view.
Trade between Korea, Latin America Showing Annual 17% Growth on Average
Sharp Trade ExpansionIt has been found that the volume of trade between Korea and Latin America has grown at an annual average of 17 percent since 1990 with Korea purchasing a variety of products from...
View ArticleClik here to view.
Korea Rather Slow in Utilizing New, Renewable Energy
Lowest in OECDNew and renewable energy accounts for only 4.08 percent of Korea’s total energy production last year, and the ratio drops to 1 percent or so when the waste that is not included in...
View ArticleClik here to view.
LG Hausys Surpassed 1 Trillion Won in Overseas Sales for 2 Consecutive Years...
Corporate PerformanceAccording to the Data Analysis, Retrieval and Transfer (DART) System from the Financial Supervisory Service (FSS) on Dec. 6, LG Hausys posted 809.9 billion won (US$697.59 million)...
View ArticleClik here to view.
Placing the Best in International Environments
Quality over QuantityRobert Walters Korea is the recruiter you need, and also the one you wantDuncan Harrison is the country manager for Robert Walters Korea, the local branch of a specialist...
View ArticleClik here to view.
BCCK’s 2015 Christmas Lunch Raises 50 Million Won for Local Charities
Charity and CheerLong-time British residents of Korea speculate about how long the annual tradition of the British Chamber of Commerce in Korea’s Christmas Lunch has gone on. None can say for sure, but...
View ArticleClik here to view.
Korea Ginseng Corporation Donates to UNICEF
Happiness and LoveThe Korea Ginseng Corporation (KGC) donated about 300 million won (US$256,932) to UNICEF in a donation that they titled “Jeonggwanjang Happiness and Love Sharing.” The KGC campaigned...
View ArticleClik here to view.
Hyosung’s In-house Newsletter Recognized by Ministry of Gender Equality and...
Award-winning EffortsHyosung has won an award for the company’s in-house newsletter at the 2015 Korea Communication Award ceremony hosted by the Korea Company In-house Newsletter Association on Nov. 2....
View ArticleClik here to view.
French Company Makes Attempt at Exhaust Gas Reduction in Korea
Tech for NOx ReductionThe Gyeonggi Provincial Government signed an investment agreement with Faurecia on Dec. 7. The purpose of the agreement is to set up an R&D institute in Korea in order to work...
View ArticleClik here to view.
IBS Significantly Improves Hydrogen Fuel Cell Tech
10x Power EfficiencyThe Institute for Basic Science (IBS) announced on Dec. 7 that it developed a hydrogen fuel cell catalyst that is capable of improving the efficiency and stability of power...
View ArticleClik here to view.
Foreign Investment in Korea Declined in Q3
On-Offshore InvestmentThe Bank of Korea announced on Dec. 7 that the balance of foreign investment in Korea decreased by US$60.4 billion to US$946.3 billion between the end of June and the end of...
View ArticleCar Sales in Korea Increased in November
Automotive Industry The Ministry of Trade, Industry & Energy announced on Dec. 7 that the domestic car sales volume increased by 14.4 percent from a year ago to 165,570 last month based on the...
View Article