South Korean Firm Pro-Power Supplies Its ESSs to Japan’s KDDI
Monday, July 15th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – South Korea-based battery pack provider Pro-Power said Sunday that its ESSs (energy storage systems) will be supplied to the...
View ArticleSamsung Electronics Alters Its “Premium” Strategy for Home Market
Monday, July 15th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Samsung Electronics will launch a slew of mid-range smartphones, backpedaling on its long-held “premium model” strategy for...
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Dr. Michael Grund is appointed new head of Merck Korea
Monday, July 15th, 2013Shin Ji-hye (info@koreaittimes.com)SEOUL, KOREA - Merck Korea, an affiliate of Merck KGaA, announced today that Dr. Michael Grund will take over as Managing Director of Merck in...
View ArticleLTE-A Expected to Supplement LTE Services for the Time Being
Monday, July 15th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Though an era of LTE-A has arrived with a fanfare, it will probably take a while before LTE-A services go into full...
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Japan’s NTT DoCoMo’s “Two Top” Strategy Backfires
Monday, July 15th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Japanese telecommunications giant NTT DoCoMo’s two top strategy, in which selected two smartphones are preferentially...
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Samsung Electronics is the Biggest Beneficiary of LTE-A
Monday, July 15th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Samsung Electronics has emerged as the biggest beneficiary of the commercialization of LTE-A services by all of the three...
View ArticleG&D Enables BankDhofar to Issue Payment Cards Instantly In-Branch
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com)Munich, Germany - BankDhofar, a leading bank in the Sultanate of Oman, has chosen the Giesecke & Devrient (G&D) instant issuance...
View Article1H FDI Records $8 Bil, Down 12.5% from 1H 2012
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The Ministry of Trade, Industry, and Energy said on July 15 the first-half foreign direct investment recorded US$8.0 billion...
View ArticleKorean Display Makers Threatened by Close Catch-up by Chinse Rivals
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - China's display makers such as Shenzhen China Star Optoelectronics Technology and BOE Display are growing quickly as...
View ArticleHyundai Motor Wins Five Awards at 2013 Red Dot
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Hyundai Motor Group announced on July 15 that its five items won awards at the 2013 Red Dot, one of the world’s three most...
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Hyundai Motor Raises Equus Price by 3% in the U.S.
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA - Hyundai Motor has raised the price of its 2014 Equus model in the U.S. by 3 percent on July 12. Despite a decline in sales...
View ArticleGov't Regulation Hasn't Benefited Mom-and-pop Bakeries
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The government regulation to assist independent bakeries by discouraging large corporation-affiliated franchises in opening...
View ArticleLS Cable & System Wins $13 Mil. Project to Supply Specialty Cables to U.S. SMECO
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - LS Cable & System said on July 15 that it won a US$13-million project to supply 230-kV-class ultra-high-voltage...
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Jeju Air to Add 5 More Chinese Routes in July
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Jeju Air, Korea's major low-cost carrier, said on July 15 that it would add five more routes to China in July.Already on 5th...
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Gamevil Hits 300 Million Mark in Cumulative Downloads
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – South Korea-based game publisher Gamevil said Monday that it has surpassed 300 million downloads in the global smartphone...
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South Korea’s Corporate Culture and Inter-Korean Issues Turn away Overseas...
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – Though the South Korea government has implemented foreign talent-friendly policies (e.g. visas and tax benefits), South...
View ArticlePresident Park Geun-hye Determined to Root out Corruption
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – South Korean President Park Geun-hye stressed that the government should root out corruption by expanding the degree of...
View ArticleGapado on Jeju Island Turns off Diesel-powered Generators in Favor of...
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA – A total of 193 households in Gapado on Jeju Island will use electricity produced solely by solar and wind power generators....
View Article"We Have No Plan to Acquire Vezzly"...SPC Group
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - SPC Group, the owner of the Paris Baguette franchise, said categorically, "We have no plan for acquiring Vezzly," the bakery...
View ArticleSocial Enterprise Songdo SE Opens "Cafe O Asia" Coffee Shop in Songdo IBD
Tuesday, July 16th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Social enterprise Songdo SE has opened its second coffee shop "Cafe O Asia" on July 16 at the Songdo International Business...
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