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Males Accounting for 98% of Registered Executives with 500 Million or More...

Gender Salary ComparisonOnly 1.9 percent of registered executives with an annual salary of at least 500 million won (US$481,000) are women. Out of those, 12 are family members of corporate owners, with...

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Japan Making Aggressive Investment in China

Japan in ChinaJapanese corporations have increased their investments in China since the mid-2000s, far beyond those by their Korean counterparts.The Beijing office of the Korea International Trade...

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PDP Business Unit of Samsung SDI Likely to be Restructured

First TaskThe task force for the merger between Samsung SDI and Cheil Industries has been put into operation. Much attention is being paid to the future direction of the Samsung Group’s plasma display...

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Low Response to Voluntary Retirement Program at Renault-Samsung

Not-so-new StartOnly 20 people have opted for the voluntary retirement program that Renault-Samsung Motors started offering from March 10 of this year. Under the “New Start Program,” in which the...

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Breakthrough in Water Purification And Cancer Treatment

Nanotag ResearchBlue-green cyanobacteria or toxic algal blooms, usually mucking up the rivers in the summertime, are useful after all. A local research team developed a new technology whereby...

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Samsung Aims to Dominate Global Smartphone Market with Flexible OLED Displays

Flexible OLEDSamsung Display’s decision to operate the A3 plant within the year, which is dedicated exclusively to flexible OLED panels, can be interpreted as its belief that the company cannot afford...

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Sale of Troubled Pantech Raising Concerns about Another SsangYong Motor Case

Destiny of PantechWith the rumors about the purchase of Pantech by a foreign company emerging, the possibility of a foreign acquisition is having a huge effect on the local mobile phone industry and...

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Fingerprint Sensor on Galaxy S5 Hacked

Security VulnerabilityCNN Money reported on April 15 (local time) that experts found a way to hack the fingerprint sensor of the Galaxy S5 just four days after its launch.German security firm SRLabs...

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Locally-made Operating System for IoT Becomes World’s Third Certified OS

Certified Local OSWith the Internet of Things (IoT) expected to bring about a digital big bang, a subminuature operating system (OS) developed by Korean researchers is receiving a lot of attention in...

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LG Electronics to Wean Itself from Qualcomm

AP IndependenceLG Electronics is expected to release new smartphones equipped with its own application processor (AP) as early as the third quarter. In particular, the likelihood that it will become...

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Popularity of Imported Wine on the Rise with Whiskey Imports Declining

Ten Years after FTAKorea’s wine imports have increased four-fold during the 10 years since its first FTA. Meanwhile, its whiskey imports have declined during the same period.The Korea Customs Service...

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KT Issues US$1 Billion in Foreign Bonds

Overseas FinancingKT announced that it succeeded in issuing foreign bonds worth US$1 billion through bidding on April 14 and 15.The company stressed that the amount of US$1 billion is the largest ever...

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Clean Fuel to Be Produced from Landfill Gas

Pearls in MudThe Korea Research Institute of Chemical Technology announced on April 16 that its resource separation and recovery research team led by Dr. Kim Jeong-hoon developed a hybrid purification...

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Foreign Corporations Stepping Up Patent Offensive against Korean Firms

Patent OffensivesKorean corporations are having headaches, regardless of their size, due to patent lawsuits filed by foreign companies with the intention of preventing market penetration. Experts are...

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Samsung C&T Embarks on a New Growth Business

Solar, Wind PowerCompany to Provide Green Energy to OntarioSamsung C&T successfully completed the 270 Mega Watt portion of the first phase of its solar and wind power cluster farm project in...

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Looking at Reunification through a Range Finder

Military AssessmentMilitary Experts Assess the Challenges to Integration on the Korean PeninsulaIn the recent back and forth between pundits over how to get the Six Party Talks back on track and over...

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Magnesium Alloy Development Process Created

Green Alloy“People [in Korea] said my eco-friendly magnesium alloy technology was nonsense, while calling me a con-man. I am where I am because I was recognized in overseas academia.” Dr Kim Se-kwang...

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Korean Research Team Develops New Method to Wirelessly Charge 40 Smartphones...

Wireless Power TransmissionA new method to wirelessly transfer power was developed by a Korean research team. The Korea Advanced Institute of Science and Technology (KAIST) announced on April 17 that a...

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Electric Vehicles to be Charged 1,000 Times Faster

Supercapacitor TechA Korean research team has developed a supercapacitor technology that can charge devices 1000 times faster. Thus, a new graphene supercapacitor is likely to be used in electric cars...

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Broadcasting Content Market to Fully Open

Deregulation in Broadcasting SectorThe Korean government will fully allow foreign investment in program providers (PPs) ahead of the implementation of the KORUS FTA scheduled for March next year. Under...

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