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Samsung Electronics Ranks 1st in Q1 Global Mobile Phone Sales

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Samsung Electronics recouped the No.1 position in global mobile phone sales in the first quarter of this year.According to...

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Korea’s Share of Global 3D TV Market Decelerates Its Growth

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Chinese manufacturers are rapidly closing in on Korean rivals in the global 3D TV market. Korean companies had expected to...

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Smiling Japan vs. Frowning S. Korea in Rare Earth Metals Market

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Though both South Korea and Japan took measures in response to China’s monopoly over rare earth metals, Japan is smiling...

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Investment Drought in Semiconductor Sector

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Semiconductor facility investment is projected to remain sluggish this year. In a situation where new markets that drive up...

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Bids for Tong Yang Magic Open

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Korean home appliance supplier Tong Yang Magic, a subsidiary of South Korea’s mid-sized conglomerate Tongyang Group, will...

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Creation of Angel Investors’ Club Comprised of Foreigners

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – An angel investors’ club comprised of foreigners is to be formed to make investment in Korean start-ups and venture firms....

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More Foreigners Open Online Shopping Malls in Korea’s E-commerce Market

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – As the domestic e-commerce market gets bigger, the number of foreigners opening online shopping malls in South Korea has...

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Asian Companies Hold Lots of US Patents

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Asian companies including Korean companies have dominated the list of the top 10 holders of US patents. Accordingly, Asia’s...

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Korea Needs the Fast-Growing LTD TDD as an Exit Strategy for Wibro

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)Seoul, Korea - A concern is rising that Korea will lag behind the Time Division Duplex LTE market. Some forty telcos in China, India and...

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SK Telecom Saves Mobile Game Development Cost Thru the Cloud

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)Seoul, Korea - SK Telecom announced on the 28th that it launched Mobile Game Pack, a cloud package for small-to-mid sized mobile game...

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In a Gloomy Present, Fuel Cell Dreams Rosy Future

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)Seoul, Korea - The present and future of fuel cells are quite contradicting – with the emergence of shale gas, the outlook for fuel cell...

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Korea's Global Competitiveness Ranking Remains at 22nd...IMD

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Korea's global competitiveness ranking remained unchanged at 22nd for the third consecutive year in 2013. According to the...

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Samsung Electronics Tops in Finland's Smartphone Market

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Samsung Electronics overtook Nokia in Finland's smartphone market, grabbing the No. 1 spot there. According to a market...

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Samsung and LG Electronics See Their ASP Up 30% and 15% in One Year

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Korea's mobile phone makers such as Samsung Electronics and LG Electronics saw their average selling price (ASP) mark a...

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Neowiz Games Inks Deal to Export Online Fishing Game to North America

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Neowiz Games, one of Korea's leading online game companies, announced on May 29 that it signed a contract with OnNet USA to...

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Kakao PC Version Set to Be Released Soon

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - A personal computer version of Korea's largest mobile messenger KakaoTalk is set to be released soon. Kakao announced on May...

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SK E&C Wins Metro Construction Project in Qatar

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - SK Engineering & Construction said on May 29 it has been awarded a construction project in Qatar. The company won the...

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Hankook Tire to Expand Tire Production Capacity in Hungary

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Hankook Tire is going ahead with the expansion plan of its plant in Racalmas, Hungary, committing 313 million euros (US$405...

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Korea's 4 Major Oil Refiners Export $14.4 Bil. Petrochemical Products in 1Q

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Petrochemical products such as gasoline and diesel oil are Korea's leading export items. They account for about 10 percent...

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PHEV to Lead the Global EV Market

Thursday, May 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - While the global electric vehicle market is being divided mainly into two: one for battery electric vehicles (BEV) and the...

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