Rep. Kim Moo-sung Takes the Helm of the Ruling Saenuri Party
Friday, July 25th, 2014By cheon tae-un (ctu@koreaittimes.com)Beating runner-up Suh Chung-won, Kim Moo-sung was elected as leader of the ruling Saenuri Party. Hence he took a giant stride towards...
View ArticleLG Display Reports Second Quarter 2014 Results
Friday, July 25th, 2014By Yeoun Je-hyun (joyjh@koreaittimes.com)SEOUL, KOREA - LG Display, the world’s leading innovator of display technologies, reported today unaudited earnings results based on...
View ArticleAustralian Genome Research Facility Selects Brocade to Handle Big Data Growth
Melbourne Node the First to Deploy 10 Gigabit Ethernet Network Friday, July 25th, 2014By Kim Yung-yong (yong@koreaittimes.com)MELBOURNE, AUSTRALIA - Driven by the unrelenting growth of genomic data...
View ArticleVideocon d2h Selects Brocade Ethernet Fabrics to Turbocharge Its Data Center...
India's Fastest Growing Satellite Broadcaster Embraces Private Cloud Approach Friday, July 25th, 2014By Valerie Tullar(info@koreaittimes.com)NOIDA, INDIA - India's fastest-growing Direct-To-Home (DTH)...
View ArticleRethinking Service to Propel Singapore’s Success As a Global Financial Hub
Industry titans gather at 6th Wee Cho Yaw Singapore-China Finance and Banking Forum to discuss feasibility of service benchmarks and practicality of principles and integrity, amidst increasing...
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SPC Opens Paris Baguette Outlets in Paris
Friday, July 25th, 2014Korea IT Times (info@koreaittimes.com) SEOUL, KOREA - SPC Group announced that Paris Baguette made entry into France, the homeland of the baguette.SPC chairman Huh Young-In has...
View ArticleGM Announces another Recall of 823,000 Vehicles
Friday, July 25th, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - General Motors, which has been mired with a massive recall due to ignition switch defects, announced another recall for...
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LG Healthcare Reports 121.5 Bil. Won Operating Profit for 2Q
Friday, July 25th, 2014Korea IT Times (info@koreaittimes.com) SEOUL, KOREA - LG Household & Healthcare announced on July 24 that it posted sales of 1.14 trillion won and operating profit of 121.5...
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Hyundai Motor Tops in JD Power’s New Car Satisfaction Survey
Friday, July 25th, 2014Korea IT Times (info@koreaittimes.com) SEOUL, KOREA - Hyundai Motor and Kia Motors announced on July 23 that they ranked No. 1 and No. 6, respectively, in the 2014 product...
View ArticleFine Digital Releases LCD Two-channel Black Box
Friday, July 25th, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Fine Digital announced on July 24 that it will release a brand-new black box “Fine Vu CR-2000R” which has a car accident...
View ArticleSamsung Electronics Narrows Operating Profit Gap with Apple
Friday, July 25th, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Samsung Electronics released disappointing second quarter results, igniting concerns about its future. The electronic giant,...
View ArticleLG Innotek Posts 2Q Operating Profit at 90 Bil. Won up 152%
Friday, July 25th, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - LG Innotek announced on July 24 that it posted the second-quarter financial results, including sales revenue of 1,542.9...
View Article2Q Real GDP Falls Short of Growing 0.6%...Lowest in 7 Quarters
Friday, July 25th, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The second-quarter real gross domestic products rose 0.6 percent from the previous quarter, the lowest figure in seven...
View ArticleChina's rising display industry, threatening Korea
Hope in the materials·parts industries Friday, July 25th, 2014By cheon tae-un (ctu@koreaittimes.com)China's companies become a threat to Korea. They are closing the technology gaps with Korea in IT...
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President Park Set to Add Software Development to National Curriculum
Cho Sung-kap, Chairman of the Korea Federation of Information Technology Societies (FITS), is a hidden contributor to bringing to the government’s attention the importance of early education in...
View ArticleHyundai Motor Hit Hard by Exchange Rate Woes
Monday, July 28th, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Hyundai Motor suffered a 13.3-percent year-to-year decline in operating profit in the second quarter of this year due to the...
View ArticleGov't to Invest 2.6 Tril. Won in Robotics Industry by 2018
Monday, July 28th, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The government will foster the robot industry as a strategic industrial sector by making private-public investment of 2.6...
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Lotte Chemical Aspires to Earn 1 Tril. Won from Uzbek Chemical Complex
Monday, July 28th, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Lotte Chemical president Huh Soo-young said on July 24, "We will earn more than 1 trillion won in annual sales revenue from...
View ArticleSK Hynix Reborn as Blue Chip Company after 10 Years of Financial Difficulties
Monday, July 28th, 2014Korea IT Times (info@koreaittimes.com)For the past ten or so years, the name Hynix has been readily associated with financial difficulties. That's because of five years of...
View ArticleKDB Capital and JKL Partners to Sell off Stake in Hankook JI
Monday, July 28th, 2014Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - KDB Capital and JKL Partners have set out to sell off a 49.99-percent stake in Hankook Jungsoo Industries, Korea's oldest...
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