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ABC Mart Enjoys Four-fold Jump in April-May Sales

Wednesday, June 4th, 2014By Yeoun Je-hyun (joyjh@koreaittimes.com) SEOUL, KOREA - ABC Mart, a shoe retail chain, announced on June 3 that its sales of summer sandals, including cork sandals, marked a...

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Huons Inks 26.2 Bil. Won Deal to Export Eye Wash Drops to Iran

Wednesday, June 4th, 2014By Yeon Choul-woong (bruceyeon@koreaittimes.com)SEOUL, KOREA - Huons announced on June 3 that it signed a deal worth $23.82 million with Iran’s Koushan Pharmed to export eye...

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Volkswagen Korea Cuts Prices of Jetta 1.6 and 2.0

Wednesday, June 4th, 2014By Yeon Choul-woong (bruceyeon@koreaittimes.com) SEOUL, KOREA - Volkswagen Korea announced that it decided to lower the prices of Jetta 1.6 and 2.0 by up to 2 million won,...

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[Kwon Hyuk-dong Column] Why Does Commercialization of University-developed...

Wednesday, June 4th, 2014By Kwon Hyuk-dong (atom@koreaittimes.com)SEOUL, KOREA - A dark cloud hangs over the S. Korean government’s efforts for the commercialization of technologies developed by...

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Edwards Launches New Range of Single Stage Oil Sealed Rotary Vane Vacuum Pumps

New ES pumps provide highly stable vacuum performance Wednesday, June 4th, 2014By Anne-Isabelle Degryse-Blateau (info@koreaittimes.com)SEOUL, KOREA - Edwards’ newly launched range of single stage oil...

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ASG Acquires Consumer-Packaging Business from MWV

Wednesday, June 4th, 2014By Chung Kwang-deuk (kdchung@koreaittimes.com)SEOUL, KOREA - ASG, a leading global specialty-packaging manufacturer, announced today it has acquired the Bydgoszcz, Poland-based...

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Celanese Commercial Technology Center Opens in Pangyo, South Korea

Center to support customer growth, innovation and product development Wednesday, June 4th, 2014By Cho Won-chan (wonchan@koreaittimes.com)SEOUL, KOREA - Celanese Corporation (NYSE: CE), a global...

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The Consumer Electronics trends of IFA 2014

Thursday, June 5th, 2014By Kim Yu-na (yuna@koreaittimes.com)The consumer electronics trends at IFA 2014IFA, the world’s leading consumer electronics show, features the all products that will have the...

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Nanofics Technology Spreads Quickly Among Electronic Device Manufacturers

Europlasma’s nanocoating technology to protect electronics against liquids and corrosion demonstrated at COMPUTEX 2014 in Taipei, June 3 to 7, Nangang Hall-N0403 Thursday, June 5th, 2014By Blaise...

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Scaleo chip and GLOBALFOUNDRIES Announce First Automotive MCU Manufactured...

Thursday, June 5th, 2014By Valerie Tullar(info@koreaittimes.com)SEOUL, KOREA - Scaleo chip today announced that they are the first fabless company to introduce an automotive microcontroller...

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Kristian Raue leaves Jedox AG

Thursday, June 5th, 2014By Valerie Tullar(info@koreaittimes.com)FREIBURG, GERMANY - The CEO of Jedox AG, Kristian Raue, has sold his shares in Jedox AG and is leaving the firm he established with his...

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Audience and MediaTek Collaborate to Deliver Industry Leading Voice and Audio...

Thursday, June 5th, 2014By Anne-Isabelle Degryse-Blateau (info@koreaittimes.com)TAIPEI, TAIWAN - Audience, Inc. (Nasdaq:ADNC) today announced that it will collaborate with MediaTek Inc. to deliver the...

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SolarWinds Asks "Can You Tell Which System Issue Will Affect Your Application...

The Convergence of Next-Generation Applications and Existing IT Infrastructure Requires a New Approach to Management; Full "Application Stack" Visibility Needs to Be a Priority Thursday, June 5th,...

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National Health Insurance Premiums to Rise 2.22% Next Year

Thursday, June 5th, 2014By Yoo Daniel (daniel@koreaittimes.com)SEOUL, KOREA - The National Health Insurance Policy Deliberation Committee has finalized the average growth rate for the next year's...

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Samsung Electronics Buys up Shares of Samsung SDI and Cheil Industries

Thursday, June 5th, 2014By Cho Won-chan (wonchan@koreaittimes.com)SEOUL, KOREA - amsung Electronics has purchased a large chunk of shares in Samsung SDI and Cheil Industries. This is widely interpreted...

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Line May Go IPO...Naver Says Nothing Has Been Decided

Thursday, June 5th, 2014By Cho Won-chan (wonchan@koreaittimes.com)SEOUL, KOREA - Line, operator of one of Asia's most popular mobile messenger apps, will take its shares public by November this year at...

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SK Telecom Tenders Letter of Intent to Acquire iriver

Thursday, June 5th, 2014By Kim Yung-yong (yong@koreaittimes.com)SEOUL, KOREA - SK Telecom has tendered a letter of intent to acquire iriver. According to SK Telecom and investment banking sources on...

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Banks Pull out ATMs Due to Rising Cost

Thursday, June 5th, 2014By Lee Jun-seung (junseung@koreaittimes.com)SEOUL, KOREA - According to banking sources on June 3, the fee income of six major commercial banks in Korea including Kookmin Bank,...

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Samsung Dehumidifier Sales Mark Six-fold Jump

Thursday, June 5th, 2014By Yeoun Je-hyun (joyjh@koreaittimes.com)SEOUL, KOREA - The sales of dehumidifiers for the January-May period of this year marked a six-fold increase compared to a year ago,...

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LG G3 Passes 100,000 Mark in Cumulative Sales in Just 5 Days after Launch

Thursday, June 5th, 2014By Kim Yung-yong (yong@koreaittimes.com) SEOUL, KOREA - G3, a brand-new smartphone which LG Electronics started selling from May 28, is enjoying high popularity, with its daily...

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