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South Korean, Chinese Economies Becoming Increasingly Interdependent
Interdependent Economy The Hyundai Research Institute announced on March 10 that China has become South Korea’s largest trade partner and South Korea has become the fourth-largest trade partner for...
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Singapore Remained as the Most Expensive City to Live In
Expensive CitiesThe Economist Intelligence Unit reported on March 9 Seoul ranked eighth in the list of expensive cities to live in.The Economist Intelligence Unit reported on March 9 that Singapore has...
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Smart Factories Improving Productivity of SMEs
Smart BenefitsThe Ministry of Trade, Industry & Energy (MOTIE) announced on March 10 that it has assisted in the construction of smart factories in 1,240 small and medium enterprises (SMEs) and the...
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Korean Start-ups Awakened to New Frontiers in Medical AI Field
Medical AIThese days, Google is making headlines as its artificial intelligence (AI) AlphaGo beated top pro Go player Lee Se-dol 2:0 in a highly publicized five-game Go series. The internet search...
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Doosan Seals Big Deal to Build Thermal Power Plant in Vietnam
Power Plant Project in VietnamDoosan Heavy Industries & Construction announced on March 11 that the company held a ceremony to sign a 690-billion-won contract to build Bintan 4 Extension...
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GCCEI Helps Korean Game Startups Enter American Market
Games Connection America (GCA) 2016 The Gyeonggi Center for Creative Economy and Innovation (GCCEI), together with Gyeonggi Content Agency and KOTRA, announced that they would help introduce Korean...
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Voices of Responsible Management Rang Out at Shareholders’ Meetings of...
Day of Shareholders’ MeetingsSouth Korea’s 54 listed companies closing their books in December, including major subsidiaries of Samsung and Hyundai Motor Group, held their annual shareholders’ meetings...
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POSCO Makes Its Own Technology Sale Official
Technology Sales Approved South Korea’s leading steel mill Posco has formalized the sale of its own technologies.The company announced plans for the new business outline offering to market its...
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Negotiations for South Korea-Ecuador SECA Kick Off in Seoul
FTA with EcuadorThe Ministry of Trade, Industry & Energy announced on March 13 that the second round of negotiations for the South Korea-Ecuador Strategic Economic Cooperation Agreement (SECA)...
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KEPCO Signed MOU for EV Charge Project with Ecuador
Cooperation for Energy TechThe Korea Electric Power Corporation (KEPCO) announced on March 13 that it signed a MOU with the Ministry of Coordination of Production, Employment and Competitiveness...
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CGV 4DX Theaters to Cast Spell on Moviegoers in New York City
4D TheaterCJ CGV, the largest multiplex cinema chain in South Korea, announced on March 11 that it will open 4DX theaters in Manhattan, New York City, on the 25th. CJ 4DPLEX, a subsidiary of CJ CGV,...
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Hyundai Motor Group Expands More Models Adopting Artificial Intelligence...
Automotive AI According to industry sources on March 12, Hyundai Motor Group, the world's fifth-largest automotive group, has recently adopted Google's Android Auto and Apple’s CarPlay systems, and it...
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SKT’s 11 Overseas Subsidiaries Record Deficits in 2015
Overseas PerformancesAccording to the Data Analysis, Retrieval and Transfer (DART) System of the Financial Supervisory Service (FSS) on March 14, all of 11 overseas subsidiaries from SK Telecom...
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Samsung Electronics Succeeds in Next-generation UHD Experimental Broadcasting
UHD BroadcastingSamsung Electronics announced on March 14 that it has finally succeeded in the live ATSC 3.0 experimental broadcasting with SBS.ATSC 3.0 is the next-generation UHD terrestrial broadcast...
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KT’s 5G Network Management Technology Adopted as Standard Drafts at ITU
5G StandardA Korean technology will be officially discussed as the radio wire integrated communications network management technology for the 5G. It will help Korea set a foundation to secure the...
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Sales of Samsung Electronics Vietnam Showed Exponential Growth
Wide Variety of PerformancesIt has been found that Samsung Electronics America had an asset of approximately 14.9 trillion won last year, the largest among those of the Samsung Group’s overseas...
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South Korean Researchers Discovered Mechanism of IDE Secretion
Mechanism of Alzheimer FoundThe Ministry of Science, ICT & Future Planning announced on March 14 that Seoul National University professor Mook In-hee and her research team succeeded in clarifying...
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Most South Korean Billionaires Found to be Inherited Ones
Self-made Vs. Inherited The Peterson Institute for International Economics analyzed the Forbes World's Billionaires lists for 1996 to 2015 and said on March 14 that the ratio of those who have at least...
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360-degree Camera Emerging as Hot Item
Camera CompetitionMobile device manufacturers around the world are working on 360-degree cameras as a key item to accelerate the expansion of the virtual reality ecosystem.Samsung Electronics, which is...
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Advanced Artificial Heart Valve Transplanted into the Human Body
Artificial Heart ValveProfessors Kim Ki-beom, Kim Yong-jin and Lim Hong-kook at the Seoul National University Hospital announced on March 14 that they developed an artificial tissue-based heart valve...
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