Clik here to view.
Korean Research Team Develops Tech to Send Text Messages 100 Km Offshore
Marine Digital CommunicationsA Korean research team has successfully developed a tech to send and receive text messages to the sea up to 100 kilometers offshore.The Electronics and Telecommunications...
View ArticleClik here to view.
ICT Exports Exceeded US$170 Billion Last Year
US$170 Billion ExportsKorea’s exports in the information and communications technology (ICT) sector hit all-time highs last year, despite unfavorable factors like a global recession and a drop in oil...
View ArticleClik here to view.
Mask Pack of Leaders Cosmetics Sensationally Popular in China
#1 Mask Pack in ChinaSansung L&S’s Leaders Cosmetics mask pack ranked first place in sales on China's biggest online open market Taobao.According to Taobao, Leaders Cosmetics sold 334,730 mask...
View ArticleClik here to view.
Green Cross Opens Sixth Blood Bank in US
Securing Blood PlasmaGreen Cross America (GCAM) opened its sixth blood center on Jan. 6 (U.S. time).The blood bank is located in Twin Falls, Idaho, and can store a maximum of 50,000 liters of good...
View ArticleClik here to view.
Nexen Tire Wins Global Top Four Design Awards
Strong R&D InvestmentNexen Tire recorded 1.43 trillion won (US$1.3 billion) in sales and 112 billion won (US$102 million) in operating profits in 2011. The amounts reached 885.8 billion won...
View ArticleClik here to view.
KEPCO E&C’s Overseas Projects Accumulate 1 Million Accident-free Man Hours
Flourishing OverseasKEPCO E&C (President Park Koo-won) achieved one million accident-free man hours as of Dec. 10, 2014 in the CIPREL IV Volet B EPC Project underway in Côte d´Ivoire since 2013....
View ArticleClik here to view.
LG U+ Cooperates with Z-Wave Alliance in Home Internet of Things Industry
IoT Business AllianceLG U+ solidified its strategic partnership with the Z-Wave Alliance at the Consumer Electronics Show (CES) 2015 in Las Vegas.LG U+ Vice Chairman Lee Sang-chul met with Z-Wave...
View ArticleClik here to view.
Cyber Attacks Likely to Evolve Even Faster in 2015
Strengthening Cyber SecurityThe Ministry of Science, ICT and Future Planning and the Korea Internet & Security Agency announced that they would keep strengthening their cyber security systems...
View ArticleClik here to view.
90% of Employees are Concerned over Layoffs
Concerns of Korean EmployeesIt has been found that 86.3 percent of Korean employees are thinking that they might become layoff targets, and no less than 76.9 percent of workers answered that they...
View ArticleClik here to view.
Three Local Companies Occupy 34.5% of Patents for Electric Car Batteries
Patent PowersLocal companies are heightening their position in the market for electric vehicle batteries using their competitiveness in patents, pursuing strategies that strengthen their technical...
View ArticleClik here to view.
In Otherwise Egalitarian Korean Work Culture, Nepotism's Negatives are Magnified
Nepotism in South KoreaThe Korean Air scandal in which Heather Cho, a vice president of the airline and daughter of its chairman, lambasted a crew member for incorrectly serving macadamia nuts not...
View ArticleClik here to view.
Local Botulinum Toxin Formula Reportedly Better than Botox
Wrinkle TreatmentA botulinum toxin-type formula developed by a local pharmaceutical company is reportedly more effective than existing products in smoothing out wrinkles.Kim Bum-joon, professor at the...
View ArticleClik here to view.
Samsung Registers Second Largest Number of Patents in US for Nine Consecutive...
US PatentsThe number of patent applications in U.S. from domestic IT companies is increasing. Samsung Electronics ranked second in the amount of patent registrations in the U.S. for 9 years in a row...
View ArticleClik here to view.
Laid-off Ssangyong Motors Employees to be Rehired Once Company Turns a Profit
Profit before EmploymentMahindra & Mahindra Group Chairman Anand Mahindra said on Jan. 13 that the reinstatement of laid-off Ssangyong Motors employees will be possible after the automaker turns a...
View ArticleClik here to view.
Korean Banks Turning Eyes toward Latin America
New OpportunitiesAn increasing number of Korean banks are focusing on Latin American markets, which are home to abundant natural resources and fast-growing countries. They are paying particular...
View ArticleClik here to view.
Over Half of Major Corporations Still Struggling with Ordinary Wages
Ordinary WagesIt has been found that more than half of the top 300 companies in Korea have yet to deal with their ordinary wage issues. Nine of them are currently in litigation about it, with five of...
View ArticleClik here to view.
Block Deal to Sell Hyundai Glovis Shares Fails
1.7 Trillion Won GoneThe stock prices of Hyundai Motor Company and Hyundai Glovis moved in opposite directions as Hyundai Motor Group Chairman Chung Mong-koo and Vice Chairman Chung Eui-son failed to...
View ArticleClik here to view.
Pyongyang Suggests Tumen River Development Project as Inter-Korean Economic...
Forward GestureNorth Korea is positive about a Tumen River development project as a pilot project for inter-Korean economic cooperation, and is planning to build crude oil and natural gas transport...
View ArticleClik here to view.
Ssangyong's New Crossover SUV Tivoli Aims for Global Market
First Since TakeoverOn Jan. 13 Ssangyong held a launching ceremony for its new Tivoli SUV model at Dongdaemun Design Plaza in Seoul. The ceremony was attended by some 800 guests including Minister of...
View ArticleClik here to view.
Nongshim Launches New Ramen Product Targeting the Global Market
New RamenCelebrating the 50th anniversary of its foundation, Nongshim, number one in the ramen industry of Korea, has launched a new product called Wooyook Tangmyun.Wooyook Tangmyun has large soft and...
View Article