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Profitability of Private Power Plants To Nosedive

Friday, March 29th, 2013Korea IT Times (info@koreaittimes.com)Seoul, Korea - Merchant Power Plants (MPP), the power plants owned and operated by private companies, are not happy. The government had...

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MCST Aims at Doubling The Contents Export in 5 Years

Friday, March 29th, 2013Korea IT Times (info@koreaittimes.com)Seoul, Korea - Korean government established an ambitious goal of doubling the size of cultural contents export, to USD 10 billion, in 5...

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Samsung to Produce Its Smartphone Cases as well

Friday, March 29th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Samsung Electronics’ Wireless Product Division has decided to directly produce cases for its smartphones and smartpads in...

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SMEs Good at Managing Their Employees to Be Given Exceptional Support

Friday, March 29th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The government is coming up with measures to specially support outstanding SMEs in managing their people.After revising...

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Korea, China and Japan to Crack Open Trade Barriers

Friday, March 29th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - In the trilateral FTA talks, Korea, China and Japan have agreed to negotiate all sectors including goods, service,...

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Public RFP to Be Detailed

Friday, March 29th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Public organizations’ RFPs (Request for Proposal) have started to change. As Software Industry Promotion Act stipulates that...

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Smartpads Outstrip Desktop Computers in Shipments

Saturday, March 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – According to the International Data Corporation (IDC)’s Worldwide Smart Connected Device Tracker, the tablet market is...

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Arirang-3 Commercializes Satellite Imaging Service

Saturday, March 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Korea’s multipurpose Satellite “Arirang-3″ has ventured into the global satellite imagery market. Korea Aerospace Research...

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San Jose Unanimously Approves USD 7 Million Samsung Incentives

Saturday, March 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – On Tuesday, the San Jose City Council unanimously approved a USD 7 million incentive package for Samsung Semiconductor to...

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Schaeffler Plans to Invest USD 34 Million in Korea

Saturday, March 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – The Ministry of Trade, Industry and Energy (MOTIE) said Thursday German auto parts maker Schaeffler plans to invest USD 34...

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Large Companies’ Business Confidence Remains in Good Shape

Saturday, March 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – The Federation of Korean Industries (FKI) said Thursday its business survey index (BSI), based on a survey of the top 600...

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LCD Polarizing Plate Market Forecast to Reach USD 14 Billion in 2016

Saturday, March 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Displaybank, a Seoul-based market research and consulting firm, predicted that the global LCD polarizing plate market...

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Hyundai and Kia at Seoul Motor Show 2013

Saturday, March 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Hyundai Motor is determined to evolve from a “fast follower” into a “market creator” in technology and product sectors. To...

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Mobile Tech Companies’ Entry into Chinese Market Looks Promising

Saturday, March 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Things are looking up for Korean mobile tech companies’ entry into China and Taiwan. The Mobile Convergence Center at the...

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GMB Korea Develops World-Class Auto Technology

GMB Korea set a new goal of reaching 700 billion won Saturday, March 30th, 2013Shin Ji-hye (info@koreaittimes.com)SEOUL, KOREA - Korea’s auto parts exporters have been riding high in the global market...

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Korean Battery Industry Speeds Up Development of Next-Generation Substance

Monday, April 1st, 2013Korea IT Times (info@koreaittimes.com) Seoul, Korea - As the demand for secondary battery for smart devices and electric cars has sharply increased recently, Korean battery...

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NNFC’s Semiconductor Technology Transferred to MagnaChip for Production

Monday, April 1st, 2013Korea IT Times (info@koreaittimes.com)Seoul, Korea - Only a couple of manufacturers had the technology to mass-produce the CMOS RF chip through Silicon-on-Insulator (SOI)...

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‘Quality Over Quantity’ for Q1 IPO Market

Monday, April 1st, 2013Korea IT Times (info@koreaittimes.com) Seoul, Korea - According to the financial investment industry on the 31st, total of 8 companies were listed in the Korean stock market...

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Facebook Woos Korea’s Smartphone Game Developers

Monday, April 1st, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Facebook, which is busy transitioning into a mobile company, has made overtures to Korea’s smartphone game industry. Facebook...

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Samsung Drum Washing Machine Guarantees 20 Year Lifespan

Monday, April 1st, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Samsung Electronics said Sunday its drum washing machine’s motor has been certified by “VDE (Verband Deutscher...

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