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Daelim Industrial Wins Project to Expand Kuwaiti Refinery Capacity

Saturday, May 4th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA - Daelim Industrial said on May 2 it won an order to repair and install sulfur recovery units for the Kuwait National...

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Small NFC-enabled Sound Devices Go Wireless

Saturday, May 4th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – The small sound device industry is busy ratcheting up its marketing campaigns for NFC-enabled premium models. With a surge in...

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The Latest Samsung Air Conditioner vs. 7-year-old Model

Saturday, May 4th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – It was found out that the latest Samsung air conditioner can cut electricity bills by over USD 100 compared to old models...

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Cosmax Acquires U.S. Cosmetic Plant Owned by L'Oreal

Saturday, May 4th, 2013Korea IT Times (info@koreaittimes.com)  SEOUL, KOREA - Cosmax Inc., a cosmetic material supplier without a consumer brand, has bought a cosmetics plant in Ohio, the United...

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Renault Samsung Sees Domestic Sales Down 11.5% in April

Saturday, May 4th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Renault Samsung announced on May 2 that it sold 10,871 cars in April 2013, including domestic sales of 4,535 and exports of...

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Hyundai Motor to Build Solar Power Panels on the Roofs of Asan Plants

Saturday, May 4th, 2013Korea IT Times (info@koreaittimes.com)  SEOUL, KOREA - Hyundai Motor said on May 2 that it would install 10-megawatt solar power panels on the roofs of its plants in Asan, South...

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Hyundai Motor Unveils New Tucson ix

Saturday, May 4th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Hyundai Motor held a new car presentation for its brand-new New Tucson ix in Seoul on May 2. With a distinguished style, New...

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South Korean PMI improves in April to highest level in over two years

Saturday, May 4th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - South Korea’s manufacturing sector continued to expand during April, with output, new orders and employment all rising at...

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Frequency Band Allocations Seek Industrial Promotion and Fair Competition

Tuesday, May 7th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – The Korean government’s policy for frequency bands allocations has been designed to promote balanced industrial development...

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Korean SMEs’ Exports on the Rise

Tuesday, May 7th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Under the auspices of KOTRA (Korea Trade-Investment Promotion Agency), Korean SMEs have clinches a series of large-scale...

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Top 600 Companies’ Investment to Gain 13.9% Y-o-y

Tuesday, May 7th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – The top 600 companies in South Korea are likely to ramp up their investment by 13.9 percent y-o-y to KRW 129.7 trillion this...

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Samsung Electronics to Launch into Game Business

Tuesday, May 7th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Samsung Electronics is set to reinforce its strategy to obtain contents including games for its smartphones and smart TVs. As...

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Wearable Robots Do the Heavy Lifting

Tuesday, May 7th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Movie heroes, like billionaire industrialist Tony Stark in Iron Man, often wear specially-designed suits to have superpowers...

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Invest KOREA Joins JV Signing Ceremony Between Shin Poong Pharm and LFB

Tuesday, May 7th, 2013Korea IT Times (info@koreaittimes.com)Invest KOREA Joins JV Signing Ceremony Between Shin Poong Pharm and LFB Invest KOREA participated last month in a signing ceremony for a...

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New Entrants into 8-Megapixel Camera Module Market

Tuesday, May 7th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – The 8-megapixel cameral module market is emerging as a battlefield among well-established, medium-sized companies. Since the...

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President Park on Trip to the US for First Summit with Obama

Tuesday, May 7th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – South Korean President Park Geun-hye left for the US on Sunday for her first summit with President Barack Obama.The White...

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LG IPS ColorPrime Monitor Named Best Photo Monitor At 2013 TIPA Awards

Tuesday, May 7th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - LG Electronics (LG) announced that its ColorPrime (27EA83) monitor has been named the “Best Photo Monitor” of 2013 by the...

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Seven U.S. Companies to Invest $380 Mil. in Korea

Tuesday, May 7th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - On the first day of President Park Geun-hye's official visit to the United States, as many as seven American companies pledged...

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Orangerie Welcomes Fantastic Filipino Cuisine

Tuesday, May 7th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Millennium Seoul Hilton’s international buffet restaurant, Orangerie, is showcasing the cuisine of the Philippines during the...

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Korean SMEs in the Crosshairs of Patent Litigation

Tuesday, May 7th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – In 2011, SecuGen, an American security company based in California, filed a patent infringement lawsuit against Suprema, a...

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