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Increasing Number of Less Useful Government R&D Patents
Low Patent UtilizationAlthough the government budget for R&D keeps increasing every year, with a corresponding increase in the number of patents, the quality level of these patents, including the...
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Mercedes Benz Back to #1 in Local Imported Car Market
Beating BMWMercedes Benz beat BMW and reclaimed the number one position in the Korean imported vehicle market by sales within two years and nine months.According to September monthly sales data...
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Gangwon Province to Issue Municipal Bonds for PyeongChang Winter Olympic Games
Winter Olympic MoneyGangwon Province might end up with huge debts after the 2018 PyeongChang Winter Olympic Games.The Gangwon Regional Headquarters of the Korean Government Employees’ Union started to...
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Samsung Maintaining Monthly Production of 360,000 DRAM Wafers
DRAM StabilityAlthough Samsung Electronics plans to build a new large-scale semiconductor production line at Godeok Industrial Complex a year early, the effects on the price of DRAM will not yet be...
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Direct Purchases of Low-priced Chinese Smart Phones Increase in Korean Market
Chinese PhonesEmpty low-priced Chinese smartphones are being actively sold in Korea. Starting with Xiaomi, Chinese smartphones are showing very high quality relative to price.According to the...
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Telegram Targets Korean Market Utilizing Popularity with Cyber Asylum Seekers
KakaoTalk on NoticeGerman-based messaging app Telegram, which has emerged as a cyber asylum for Koreans, launched an official Korean app to target the Korean market.After recruiting English-Korean...
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Economist Raises Doubts about Samsung's Choice of Semiconductor Business As...
Wrong Choice?In an article titled “Samsung's woes: Saved by the chips” posted on its website on Oct. 7, the Economist said that Samsung's decision to select the semiconductor business as an alternative...
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533 Trillion Won Required to Restore North Korean Economy
Reunification CostThe South Korean government will unveil its financial plan for inter-Korean reunification at an international conference next month. According to the plan, approximately US$500...
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10 ETNs to be Listed Next Month
Timely Financial ProductsKorea Exchange announced on Oct. 2 that the trading of 10 exchange traded notes (ETNs), which will be listed by six securities firms, marks the beginning of a new stock market...
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Local Yuan-denominated Deposits Top Record US$20 Billion
Yuan PopularityAccording to the Bank of Korea’s data, the amount of yuan-denominated deposits in Korea increased by US$380 million month-on-month to reach US$20.35 billion as of the end of last month....
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Korean Air Pilot’s Qualifications Suspended for Altitude Deviation from San...
Altitude DeviationKorean Air, which has insisted on the strong punishment of Asiana Airlines for the landing accident at San Francisco, has been hit with an administrative disposition before its...
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Prof. Shuji Nakamura Technical Advisor for Seoul Semiconductor
Nobel AdviceIt has been found out that Professor Shuji Nakamura at the University of California, Santa Barbara, who won the Nobel Prize in Physics with his blue LED, is acting as a technical advisor to...
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Korean Nuclear Power Plants Exposed to 1,843 Hacks over Five Years
Security UnawarenessThe number of hacking attempts against nuclear power plants in Korea was found to have reached 1,843 during the last five years. Experts are calling for special cybersecurity...
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What is Happening in North Korea?
Sealed-off PyongyangIt has been reported that North Korea has blocked the movement of its residents both into and out of its capital city of Pyongyang on the 69th anniversary of the Labor Party...
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Samsung, Microsoft Seek Arbitration in Patent Dispute
New Aspect to Patent DisputeThe patent dispute between Samsung Electronics and Microsoft has expanded to international arbitration.According to industry sources on Oct. 8, Samsung and Microsoft filed a...
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Chinese Entrepreneurs Leap into Bloomberg Billionaires Index Absent Koreans
Global Richest 100Samsung Electronics Chairman Lee Kun-hee and Hyundai Motor Group Chairman Chung Mong-koo slid down in the world’s richest people ranking due to the recent decline of the stock prices...
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Samsung Electronics, Hyundai Motor Rank 7th, 40th in Global Brand Value
Global Brand ValueInterbrand released the Best Global Brand ranking for this year on Oct. 9 (local time). Apple recorded the highest brand value in the world, followed by Samsung Electronics at seventh...
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SK Hynix Focuses on SSDs to Expand Portfolio
Business PortfolioSK Hynix is concentrating on the solid state drive (SSD) business to widen the scope of its current DRAM-focused business portfolio.According to industry sources on Oct. 9, SK Hynix...
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Samsung to Mass Produce 3-bit, Multi-level-cell 3D NAND Flash
3-bit V NANDSamsung Electronics announced on Oct. 9 that it has begun to mass produce the industry's first 3-bit, multi-level-cell (MLC) 3D NAND flash memory chips for use in solid state drives (SSDs)...
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Samsung Selects 45 Projects to Develop Future Technologies for Second Half
Future TechnologiesSamsung announced on Oct. 9 that it chose 45 projects to foster future techs for the second half of this year through a strictly impartial judging process. Projects were selected in...
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