General Trading Cos. Busy Developing Overseas Resources to Stay afloat
Friday, May 10th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Korea's major general trading companies, under pressure from the global recession and the weak Japanese yen, are trying hard...
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GM Korea's Call Center Wins "Korean Service Quality Index" Award for 10...
Saturday, May 11th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - GM Korea said on May 10 its customer call center has been selected as the best customer service call center for ten...
View ArticleSK Innovation Spins off 2 SK Energy Units
Saturday, May 11th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - SK Innovation said on May 9 that it will split SK Energy, its 100-percent subsidiary, into three units including SK Energy,...
View ArticleCar Exports Down for Three Straight Months
Saturday, May 11th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Korea's car exports marked a negative year-on-year growth of more than 5 percent last month due to the contraction of the...
View ArticleGov't-sponsored Home Mortgage Rates to Come down Following Benchmark Rate Cut
Saturday, May 11th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - As the Bank of Korea lowers the benchmark interest rate, the Ministry of Land, Infrastructure, and Transportation is also...
View ArticleGov't to Foster 3,000 Globally Competitive SMEs by 2017
Saturday, May 11th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The Small and Medium Business Administration will introduce a "Global Highway Program" by which the government agency lends...
View Article73% of Happiness Fund" Applicants Owe Less Than 20 Mil. Won Debt
Saturday, May 11th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - As many as seven out of ten applicants to "People's Happiness Fund," the government-initiated program to forgive debts of...
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[Invest Korea] Going Up
Saturday, May 11th, 2013Korea IT Times (info@koreaittimes.com)When most of us think ‘elevator,’we think of a box that takes us from one floor to another. When Wayne Park, CEO of ThyssenKrupp Elevator...
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[Invest Korea] Better Than Jerky
Friday, May 10th, 2013Korea IT Times (info@koreaittimes.com) In its nearly 20 years in Hong Kong, Bee Cheng Hiang has opened 18 outlets. In its two and a half years in Korea, it has opened 21. The...
View ArticleThe Bank of Korea Cut the Key Interest Rate in Seven Months
Friday, May 10th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Recanting its initial position, the Bank of Korea (BOK) has decided to lower the key interest rate for the first time in seven...
View ArticleApril Saw a Record High in IT Export
Friday, May 10th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The overall exports of the local IT sectors reached USD 14.13 billion last month, up 17.5% from the same month of last year,...
View ArticleRambus Illegally Destroyed Evidence Related to a Lawsuit against SK Hynix
Friday, May 10th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - SK Hynix (represented by Park Seong-wook) announced on May 9 that the US District Court for the district of California judged...
View ArticleAutomobile Production and Export Dropped in April
Friday, May 10th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Both the production and export of cars dropped last month, while the domestic demand went up.According to the Ministry of...
View Article1Q Domestic Construction Orders Decline 35%
Saturday, May 11th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The first-quarter domestic construction order volume has dropped 35 percent from the same period last year, the largest...
View ArticleKorea IT Times now offering matching service for overseas buyers
Saturday, May 11th, 2013Korea IT Times (info@koreaittimes.com)Are you searching for a business partner in South Korea, but are unsure of where to look?Korea IT Times is now providing matching services...
View ArticleLG, Samsung Drum Washing Machines Sell Well Despite US Anti-dumping Duties
Tuesday, May 14th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Despite the US government’s anti-dumping duties imposed on LG, Samsung washing machines, LG and Samsung Electronics have...
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Japan’s Sharp to Change Its Top Leadership
Tuesday, May 14th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Japan's Sharp Corp has raised the personnel reshuffle card in a bid to break out of the current stalemate. The Nihon Geizai...
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Users’ Favorite Smartphone Size Is 4.5 Inches
Tuesday, May 14th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – What is the most favored smartphone display size that users consider as the most optimum? The answer is 4.5 inches, which is...
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Korean Users Have No Chance to Buy the Galaxy S4 Mini
Tuesday, May 14th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Samsung Electronics will not launch the Galaxy S4 Mini, a mid-range version of the Galaxy S4, in the domestic market. Before...
View ArticleGamevil’s Q1 Overseas Sales Zoom up
Tuesday, May 14th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Mobile game publisher Gamevill has notched up remarkable overseas earnings in the first quarter of this year. Gamevill is set...
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