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Hyundai Motor Considering Release of High-end Sedans in India
High-end Indian MarketHyundai Motor Company is mulling over entering the high-end car market of India, as the competition in its compact car market is getting intensified and the average level of...
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Samsung’s Tizen Smartphone Obtains FCC Certification
First TizenGSM Arena announced on December 25 (local time) that Samsung Electronics’ smartphone SC-03F, running on the Tizen operating system, appears to have obtained Federal Communications Commission...
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Abe’s Yasukuni Visit Worsens Relations with Neighbors in Northeastern Asia
Abe’s ProvocationOn December 26, Japanese Prime Minister Shinzo Abe visited the controversial Yasukuni War Shrine that honors Japan’s war dead, including World War II Class A criminals, signaling huge...
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SK Hynix Develops 4x Faster DRAM
Moore’s LawSK Hynix reported on December 26th that it has developed the industry’s first High Bandwidth Memory (HBM) DRAM, using Through-Silicon Via (TSV) chip packaging technology.TSV is a method of...
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Making the State of the Art More Efficient
Efficient BiochipsDr. Chang Jae-won of Pukyong National University has developed a new method of creating biochips that increases their shelf life to up to one year, according to the Ministry of...
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Samsung Chairman Asks for Another Corporate Change
Corporate RestructuringSamsung Group Chairman Lee Kun-hee asked his executive members to change the group once again, including business strategies, hardware processes, and corporate culture. The...
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Samsung’s Market Cap Falls Due to Q4’s Potential Earnings Shock
Losing MoneySamsung Electronics’ market capitalization dipped below 200 trillion won (US$190 billion) again. Its stock price fell close to 9% in just five trading sessions since December 24 last year,...
View ArticleHyundai Motor Group in Pursuit of Future Growth
Corporate New Years ResolutionsHyundai Motor Group Chairman Chung Mong-koo declared the preparation for future growth as his group’s business goal for this year.“In spite of the harsh business...
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Major Business Groups to Tackle Crises through Qualitative Growth
Guiding SpeechesMany of the New Year’s addresses of major business groups for this year revolved around the awareness of crises and determination to beat them, reflecting the harsh business conditions...
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LG to Show 77-inch Curved UHD OLED TV at CES 2014
Largest Curved TVLG Electronics is going to accelerate the launch of a new offensive to dominate the global OLED TV market with the world’s largest curved UHD OLED TV.LG announced on January 2 that it...
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Samsung Aims to Foster IKT as NPE
Non-practicing EntitySamsung’s latest move is receiving a lot of attention in the industry.According to industry sources on January 1, Samsung Display is selling its stake in Intellectual Keystone...
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Battle for Largest Tablet
Samsung vs. Apple Samsung and Apple are expected to wage an all-out war in the global tablet market with the introduction of their new large tablets during the first half of this year at the earliest....
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Samsung Galaxy 5 Likely First Android Device with 64bit AP
Application ProcessorsAccording to sources in the semiconductor industry on January 1, Samsung is expected to release the Galaxy 5 in the first half of this year. It will be equipped with a 64-bit...
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Korea-Russia Visa Exemption Goes into Effect
Close International TiesFirst non-visa Russian travelers make visits at Sokcho PortA mutual visa exemption agreement has now gone into effect that will allow Koreans and Russians to stay in each...
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Exchange Rate Falls Close to 1,000 Won per Dollar
Currency TriangleThe Foreign Exchange took a fall on New Year’s Day, casting a shadow on the Korean economy. The won-dollar exchange rate fell below 1,050 won per dollar during the day. The won-yen...
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Samsung Awarded Patent for Flexible Display for Tablets
Flexible TabletsAccording to the US Patent and Trademark Office (USPTO) and US-based IT news site Phone Arena on January 3, Samsung Electronics was granted a design patent named Portable Multimedia...
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Google’s Hands-free Voice Search Service Useless in Korea
OK, GoogleGoogle’s speech recognition service that runs on its latest mobile operating system is limited in usefulness in non-English speaking countries including Korea. The innovative service is...
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Amazon to Enter Korean Social Commerce Market Soon
Amazon LandingGlobal e-commerce giant Amazon lands in the Korean market this year, signaling a significant change in the local social commerce market. In particular, Amazon’s one-click payment and...
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KF-X Fighter Jet to Be Deployed in 2023
Jet Fighter LocalizationMilitary authorities are working on the development of KF-X fighters for deployment in 2023. “The Boramae Project has launched this year to develop over 120 Korean Fighter...
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Samsung Electro-Mechanics’ Share Price Fell 4.8% in Two Days
Earnings ShockwavesSamsung Electronics’ operating profits for the last quarter of 2013 are expected to have declined due to sluggish growth in the global smartphone market. Under the circumstances,...
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