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Jin Air to Launch Regular Flights to Nagasaki

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Jin Air, a low-cost carrier run by Korean Air, announced on May 14 that it has signed a memorandum of understanding with...

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Amazon Acquires Liquavista from Samsung

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Amazon.com Inc. has announced its acquisition of the color display unit, Liquavista NV from Samsung Electronics for an...

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Market for Wearable Computers Estimated to Reach KRW 7 Trillion in 3 Years

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – The market for wearable computers is projected to emerge as another “blue ocean” sector for software developers.According to...

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Market Share of Android Smartphones Hit Record High in 1Q

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The market share of Android smartphones reached an all-time high in the first quarter of this year. According to a U.S....

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1.8㎓ for KT and SK Telecom vs. 2.1㎓ for LG U+

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – The Korean government has come up with its fourth plan for LTE frequency band allocations, whereby frequency bands in the...

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Samsung Display Adopts RGB Evaporation for AM OLED Panels

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Samsung Display has opted for RGB (Red, Green, Blue) evaporation technology in manufacturing AM OLED panels for...

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LG Chem and Huvis Ponder Acquisition of Woongjin Chemical

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – As LG Chem (the world's third-largest maker of lithium-ion batteries) and Huvis (a Korea supplier of polyester staple fiber)...

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The Next-generation E-commerce Battlefield Is “Mobile”

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – With the boundaries among different distribution companies blurring, mobile shopping is regarded as the next-generation...

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N-Screen Service “pooq” Expected to Turn Surplus

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Live TV streaming service “pooq” is expected to turn surplus in July, marking the one-year anniversary of its service. This...

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Japanese Exports Get Cheaper on Weak Yen

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – The prices of Japanese exports have declined pushed down by the yen’s continued depreciation. Yet, decreases in the unit...

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Newly Built Ships to Be Subject to Stricter Emissions Rules

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Beginning in 2015, shipbuilders will be required to cut more than 10 percent of carbon dioxide emissions when building ships...

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Hyundai E&C Develops Automatic Concrete Curing System

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Hyundai Engineering & Construction said on May 14 it has succeeded in developing an "automatic concrete curing system"...

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"Corporate Role in Leading Future Tech Development Essential"...Samsung...

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Choi Yang-hee, professor of computer engineering at Seoul National University and the new appointee to head the Samsung...

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GSMA Establishes Office in Nairobi to Support Burgeoning African Telecoms Market

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)HONGKONG - The GSMA today announced that it has opened a permanent office in Nairobi, Kenya. The office will be based in the heart of...

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[Invest Korea] An Introduction to the Global M&A Center

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)On January 1, the Korea Trade-Investment Promotion Agency (KOTRA) launched the Global M&A Center to address the increase in global...

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Hyundai Elantra Is Canada’s Best-selling Car

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Hyundai Motor’s Elantra came out on top in monthly sales in the Canadian auto market last month.According the auto industry,...

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Korea’s E-book Start-ups Charge Ahead in Overseas Markets

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Korea’s young start-ups, such as iPortfolio, Publ Studio and Moglue, are basking in attention in the global e-book market....

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Samsung to Foster 50,000 and Hire 10,000 Software Engineers over the Next 5...

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – The Samsung Group will invest KRW 170 billion in nurturing 50,000 software engineers over the next five years. And it will...

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LG Commercializes First Smartphone With Privacy And Business Virtualization...

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - LG Electronics (LG) announced that its Optimus Vu: — known as Intuition in the United States — is the first commercialized...

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Korean SMEs Jump into AM OLED Materials Market

Thursday, May 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – With growing expectations of the AM OLED materials market' expansion, SMEs are busy making forays into the market. As...

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