June Current Account Balance Hits Surplus of $7.24 Bil.
Tuesday, July 30th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- The June current account balance recorded a surplus of US$7.24 billion, continuing the rally of surplus for 17 consecutive...
View ArticleBGF Retail, Parent Company of CU, to Go Public Next Year
Tuesday, July 30th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- CU, Korea's No. 1 convenience store chain operator, will try to list its shares on the market next year.If the IPO goes...
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German Brands Account for More than 50% in Korea’s Import Car Market
Tuesday, July 30th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Six out of ten import cars selling in Korea are German-made vehicles. It is not hard to find on Korean roads German...
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FTC to Levy 100 Bil. Won Fine against Truck Makers
Tuesday, July 30th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- The Fair Trade Commission found that seven automobile companies specialized in the production of over 8-ton dump trucks,...
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June Industrial Output Rebounds 0.4%...Hopeful Sign of 2H Recovery
Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Korea's industrial output in June has turned to a positive growth within a month. The leading business indicator has also...
View ArticleHansol Group's Bid to Adopt Holding Company Structure Dashed
Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Hansol Group's bid to turn itself into a holding company structure has been dashed.Hansol Paper Co., a group affiliate,...
View ArticleAXA Direct Selected as Best Budget Auto Insurance Company
Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- In a survey on four budget direct car insurance companies, AXA Direct was selected as the best service provider in terms...
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Success of Daewoo Int'l in Myanmar Expected to Benefit Other POSCO Companies
Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- POSCO chairman Chung Joon-Yang said on July 28 in a ceremony held in Yangon, Myanmar, to celebrate the kickoff of offshore...
View ArticleHankook Technology to Supply Coal-drying Facility to Korea South East Power
Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Hankook Technology Inc., a renewable energy company engaging in the manufacture of superheated steam generators, hot air...
View ArticleSamsung C&T Clinches 2.2 Tril. Won Metro Building Deal in Saudi Arabia
Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Samsung C&T Corp. will be a partner in a 25-trillion-won project to build a metro system in Saudi Arabia. The company...
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Daelim Industrial to Begin Commerical Production of BOPP Films
Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- The petrochemical division of Daelim Industrial said on July 30 that its newly built plant in the Wanju Industrial Zone...
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Samsung C&T Breaks $10 Bil. Milestone in Overseas Construction Orders
Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- This year to date, Samsung C&T Corp. has reached a goal of US$10 billion in overseas contracts. This is about a third...
View ArticleA Strategic Meeting for Myanmar’s Telecom and ICT Investors and Stakeholders
Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com)SINGAPORE – The 2nd INTO MYANMAR: Telecom and IT Global Summit 2013 is set to take place at Yangon, Myanmar from 3-4 October 2013.Two new...
View ArticleRFEL adds new form factors to its HALO low-power, real-time, video processing...
New HALO products designed for Unmanned Vehicle Systems Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com)NEWPORT, UK - RFEL, who specialises in high performance, electronic video and...
View ArticleIsola Advances Corporate Social Responsibility as a Full Member of the...
Joins a Roster of Leading Electronics Companies Working to Improve Social and Environmental Issues Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com) CHANDLER, USA- Isola Group S.a.r.l.,...
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LG G2 TO FEATURE MUSIC FROM VIENNA BOYS’ CHOIR
Special Ringtones and Preloaded Sounds Recorded Exclusively for LG’s Newest Device Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com)LG G2 TO FEATURE MUSIC FROM VIENNA BOYS’ CHOIRSEOUL,...
View ArticleSamsung SDI Inks Exclusive ESS Supply Deal with S&C of the UK
Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Samsung SDI, the No. 1 player in the world’s small secondary cell market, is making forays into Europe’s large cell market...
View ArticleSK Telecom Posts 550 Bil. Won Operating Profit in 2Q
Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- SK Telecom announced on July 30 that it posted sales of 4.16 trillion won, an operating profit of 553.4 billion won, and a...
View ArticleiPad Sees Market Share Fall to below 30% in Tablet PC Market
Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Apple’s iPad saw its market share fall to below a 30-percent level in the tablet computer market. It was the first time...
View ArticleDongbu Hitek Mass-Produces Ultra-high Resolution Chips for UHD TVs
Wednesday, July 31st, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Dongbu Hitek announced on July 30 that it started supplying UHD TV chips to LG Display. The UHD TV chip is designed to...
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