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Doosan Heavy Wins $1.5 Bil. Power Plant Deal in Vietnam

Thursday, December 26th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Doosan Heavy Industries said on December 24 it won a US$1.5-billion order to build a coal-fired thermal power plant in...

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at CES2014, Latest Smart Appliances from LG Chat with Users Via Mobile...

LG Enables Customers to Use Popular LINE Messaging App to Communicate with Smart Appliances Using Natural Language Thursday, December 26th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - LG...

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Small Business Franchisees Earn Little More Than 2 Mil. Won a Month

Friday, December 27th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - According to survey results on service industries published by the National Statistical Office on December 26, small...

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Bank of Korea Policy Focus Shifts toward Growth Support from Price Stability

Friday, December 27th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The Bank of Korea will shift its policy focus away from price stability and more toward growth support.  As consumer...

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Foreign Tourist Numbers Reach 12 Mil. This Year

Friday, December 27th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The number of foreign tourists visiting Korea this year has topped 12 million for the first time in history, largely...

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4 Bidders Selected to Compete to Acquire Techpack Solutions

Friday, December 27th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The final bidders for acquiring Techpack Solutions (formerly Doosan Techpack), Korea's No. 1 company in food and beverage...

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Sony Korea Kick-starts Pre-order Sales for PS Vita TV

Friday, December 27th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Sony Computer Entertainment Korea announced on December 26 that it will release PlayStation Vita TV, the next-generation...

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Samsung’s 4Q Operating Profit Likely to Fall Short of 10 Tril. Won

Friday, December 27th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Amid predictions that Samsung Electronics’ fourth-quarter operating profit will likely to fall short of 10 trillion won,...

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BMW i3 Lands in Jeju Island

Friday, December 27th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA - BMW Group secured a foothold in Jeju Island ahead of the releasing of its first electric car i3 in Korea, slated within...

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Import Car Sales Up, Domestic Car Sales Down

Friday, December 27th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - 2013 has been a disappointing year for Korea’s major auto makers which faced strong challenge from import car...

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New Genesis and BMW New 5 Named the Best New Car

Friday, December 27th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Hyundai Motor’s New Genesis and BMW New 5 series were named as the best new cars for the second half of this year,...

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Traditional Korean Wine ‘Makgeolli’ Makes a Comeback

Friday, December 27th, 2013김유나(info@koreaittimes.com)Makgeolli, a milky traditional Korean alcoholic beverage, is one of the nation’s oldest agrarian spirits. After toiling away in the fields all day,...

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Goodman Holds Groundbreaking Ceremony for 100,000 sqm Wujiang Distribution...

Friday, December 27th, 2013Korea IT Times (info@koreaittimes.com) SHANGHAI, CHINA - Goodman Group (Goodman or Group), the global integrated property group which owns, develops and manages industrial...

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SK Telecom Provides the Fastest LTE Service

Thursday, January 2nd, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - SK Telecom excelled its rivals in the areas of LTE-A, LTE, 3G, and Wi-Fi areas,according to the government’s telecom...

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Smartphone Market Growth Likely to Slow down

Thursday, January 2nd, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The growth of the smartphone market, which marked the strongest growth among key IT markets over the past three years, is...

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Business Community Welcomes Passage of Foreign Investment Promotion Law

Thursday, January 2nd, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - On the New Year's day, the National Assembly finally passed a law to encourage foreign investment to which the business...

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Korean Companies' Global Market Cap Standing Losing Ground

Thursday, January 2nd, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - As Korea's stock markets are increasingly decoupled from the movements of the global financial markets, the market...

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January 2: Today’s Aphorism, Caigentan

Thursday, January 2nd, 2014Korea IT Times (info@koreaittimes.com)Gentleman shall be plain, than skilled, and shall be unaffected, than elaborate.AbstractUnexperienced man is generally ingenuous. But...

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Z-Wave Becomes Multi-Sourced Standard as Home Control Market Heats Up Globally

Mitsumi to Become Second Source for Sigma's Latest 500 Series Z-Wave Technology for Home Control Market Friday, January 3rd, 2014Korea IT Times (info@koreaittimes.com)MILPITAS, USA - Sigma Designs,...

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2014 Budget for Land, Infra, Transport Ministry Set at 20.9 Tril. Won, down 5%

Friday, January 3rd, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The Ministry of Land, Infrastructure, and Transportation said on January 2 its 2014 budget was set at 20.9 trillion won, up...

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