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Semiconductor Companies Focusing on Lamination instead of Microfabrication
Chip CompetitionThe focus of the competition among memory semiconductor manufacturers is shifting from microfabrication to lamination, as microfabrication techniques for reducing the circuit line width...
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Content Providers Leaving YouTube to Keep Advertising Revenue
Revolt against GoogleDigital content providers that started their businesses on YouTube are leaving the video streaming channel by setting up their own content distribution networks. This is because...
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Japanese Manufacturing Industry Recovering on Weak Yen, Lower Steel Prices
Power of Weak YenJapanese manufacturing companies are making the most of the weak yen for new business opportunities. Specifically, they are cutting the prices of their products and investing more in...
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Korean Universities Jump in 2014 World University Rankings
World University Rankings“No other country will be happier than Korea about the world university rankings for the last ten years,” said a representative of Quacquarelli Symonds (QS), a British global...
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Google Releases US$105 Smartphones in India
Google’s Entry TierAccording to the Wall Street Journal on Sept. 16, Google introduced new low-cost smartphones in the price range of 100,000 won in India using its Android One platform. The newspaper...
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Chinese IT Companies Gearing up to Compete with Global IT Giants in Global...
Threat of US IT Giants “If eBay is a shark in the sea, Taobao is an alligator in the Yangtze River. If the two fight each other in the sea, the alligator will lose. But we will win in the river,” said,...
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Korea Worrying over GCF Share
Host ResponsibilityKorea started hosting the headquarters of the Green Climate Fund (GCF) in Songdo, Incheon in December 2012, the last year of the Lee Myung-bak administration. Korea became the first...
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Korean Steel Industry Takes Mixed Stances
Expanding or Slimming?There are two extremely different stances of steel companies which are suffering from the industry recession. Hyundai Steel and the Seah Group are expanding business, while POSCO,...
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Owners of Korean Conglomerates Lose Sizable Appraised Stock Value
Dilution of ValueThe value of the stocks owned by Samsung Electronics Chairman Lee Kun-hee and Vice Chairman Lee Jae-yong has dropped by over 1 trillion won since the beginning of the second half of...
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Huawei Enters Korean Mobile Market with Honor 6
Low-priced PenetrationHuawei, the world’s third-largest smart phone manufacturer, will enter the Korean market by releasing the Honor 6 at a price below 200,000 won later this month.According to...
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SOSCON Booms with 1,000+ Open Source Software Developers
Open SourceThe first-ever Samsung Open Source Conference (SOSCON) opened on Sept. 16 at the Grand Intercontinental Hotel located in Samsung-dong, Seoul. Over 1,000 people attended the largest open...
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Hyundai Motor Group Utilizing ICT for Greater Business Efficiency
Remote ManagementThe Hyundai Motor Group is striving to improve business efficiency by making use of information and communications technology (ICT). The group has recently set up a videoconferencing...
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Jeonju Celebrates Taste, Style, Joy, Health in October
Mixing ImaginationsBibimbap is a traditional Korean dish which literally means “mixed rice.” It is prepared by mixing together various kinds of vegetables and meat or fish over rice. This unique dish...
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Samsung Electronics VC’s Shares Closing in on 3.6 Trillion Won
IPO EffectsChaebul.com announced on Sept. 17 that the listed shares of Samsung Electronics Vice Chairman Lee Jae-yong, including those of Samsung SDS traded on the K-OTC market, totaled 3.5987 trillion...
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Laws to be Enacted to Regulate Google’s Monopoly, Tax Evasion
Google RegulationsAs measures to address the monopoly of Google's mobile operating system (OS) and tax evasion are being established worldwide, Korea is no exception to the moves.Much attention is...
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Disputes between Samsung, LG over Washing Machines Expanding into War of...
Heated DiscussionsSamsung and LG Electronics are going to bring their dispute involving a washing machine to court. Some say that LG representatives deliberately broke the washing machine, but others...
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Samsung Electronics Introduces Prototype Tizen TV to Korea
Tizen TVSamsung Electronics’ Tizen operating system (OS)-based TV, which has been a big secret so far, was introduced in public for the first time in Korea.Samsung Electronics hosted the Samsung Open...
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Simple Payment Functionality to be in Samsung Smart Watch
Payment via Smart WatchSamsung Electronics is trying to add simple payment functions to its smart watches. By the earliest, Samsung Electronics might reveal a simple payments-enabled smart watch at...
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Korea Ranks 75th in Quality of Life Index
Quality of LifeThe level of satisfaction that Koreans feel about their lives is lower than what other Asians feel.On Sept. 16 Gallup, the U.S. survey company, and Healthways, a health consulting...
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Softbank Chairman Gains $50 Billion with $20 Million Investment in Alibaba
Alibaba JackpotSoftbank Chairman Masayoshi Son has become the richest person in Japan thanks to his shares in Alibaba.In the Bloomberg Billionaires Index (BBI) published on Sept. 17 (local time), he...
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