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LG, Google Collaborate for Smart Home Innovation
Alliance EffectLG Electronics is working with Nest to provide various smart home services.The former announced on Sept. 3, at the IFA 2014 scheduled for Sept. 5 to 10, that it will step up its...
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Largest Stockholders of Hyundai Motor Group Recorded Biggest Gain in Stock...
Chaebol Owner GainsThe appraised equity value of Hyundai Motor Group Chairman Chung Mong-koo and his affiliates increased by close to 20 trillion won (US$19.6 billion) between 2010 and this year. The...
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Enterprise Value of Asian Companies Declines in General
Top 500The enterprise value of Korean, Chinese, and Japanese companies in aggregate dropped compared to a year ago, contrary to that of American corporations. According to Bloomberg’s list of the...
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EU Fines Samsung 47 Billion Won for Price Fixing
Penalty BombingSamsung Electronics must pay a 46.5 billion won (US$45.4 million) fine in Europe for price fixing.According to the AFP on Sept. 3, the E.U. levied fines worth €138 million (US$178...
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POSCO’s Steel Plant Project in India in Limbo
Precarious ProjectThe Odisha steel plant project of POSCO looked like a perfect example of “jackpot” diplomacy after state visits of former and current Presidents to India and a quick high-level...
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Innovative Wearable Gadgets Unveiled at IFA 2014
Wearables CompetitionThis year’s Internationale Funkausstellung, or IFA 2014, is characterized by not just smartphones and home appliances but also wearable devices. Samsung Electronics, LG...
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Reactions to Galaxy Note Edge Divided – Innovative, or Impractical?
Mixed ResponsesRegarding Samsung Electronics’ newly-introduced Galaxy Note Edge tablets, there are mixed reactions in the public.Samsung Electronics hosted “Samsung Unpacked” at Tempodrom Berlin,...
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Baidu Develops Smart Chopsticks to Verify Food Safety
From Imitation to InventionBaidu CEO Robin Li gives a presentation introducing his company’s newest product – smart chopsticks.According to the Wall Street Journal on Sept. 3 (local time), Chinese web...
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Traditional Storage Industry Worried about the Cloud
Storage CompetitionWorries of traditional storage industry are deepening due to the fast growth of cloud service companies. The expansion of cloud services, which were initially expected to boost...
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Korea’s GDP Growth Rate Lowest in Seven Quarters
Low Growth StructureThe GDP growth rate in Korea reached the lowest in seven quarters, which means the Korean economy is in a slowdown. Accordingly, many people are worried that Korea cannot become a...
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LG Display Mass Producing Circular Plastic OLED Panels
Wearable Device ScreensLG Display announced on Sept. 4 that it started the mass production of circular plastic OLED display panels.The panel has a 320×320 resolution and uses a plastic substrate with a...
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Household Income Plummeting amid Soaring Corporate Income, Particularly in Korea
Expenses of GrowthThe household income-to-GNI ratio is dropping more rapidly in Korea than in the other OECD member countries, whereas the pace of the growth of the corporate income-to-GNI ratio is...
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Various Analyses Coming Out on Sudden Sharp Decrease in Apple's Stock Price
Ulterior MotivesThe stock price of Apple, the top-ranked company in market cap, plunged by more than 4 percent to US$98.94 on Sept. 3 (local time), the largest drop since late Jan. Although 28 trillion...
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Chinese Company Releases World’s First 110 In. Curved UHD TV
Beating Samsung, LGChinese TV manufacturer TCL surprised the global electronics industry by introducing the world’s biggest 110 inch curved UHD TV at IFA 2014, the electronics exposition currently...
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Qualcomm Hidden Winner of Wearable Device Race at IFA, Defeating Samsung
Samsung vs QualcommMobile phone manufacturers vied for attention with their new wearable devices at this year's IFA, which finished on Sept. 10 (local time). Amid intense competition for new functions...
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Special Investment Zone for Korea to be Set Up in China
Yuan HubAccording to foreign sources, the Korean government is discussing the potential establishment of free economic zones with the Chinese government to allow free capital movement between the two...
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LG Chem Develops LED-level OLED Lighting Panel
OLED LightingLG Chem has succeeded in developing OLED lighting that has a light efficiency and duration almost equivalent to LED lighting. Therefore, the company announced that it will officially start...
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SK Hynix to Increase Weight of 25nm DRAM Production to 70%
Daredevil ProductionSK Hynix is reportedly planning to increase the production weight of its 25nm DRAM to around 70 percent by the fourth quarter of this year. The decision seems to reflect the...
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Lenovo Beats Samsung in Global Entry-Tier Smartphone Market
Entry-tier LeaderSamsung Electronics conceded the position of number one in sales to Lenovo of China in the world’s entry tier smartphone market for the first time.Strategy Analytics (SA), the U.S....
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Government, Central Bank of Korea Split on Household Debt Issue
Split ViewsExpectations for economic recovery and concerns over indebted households are arising at the same time, surrounding the expansionary economic policy of the Korean government.A potential...
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