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Seoul Semiconductor Charged 12.2 Bil. Won Tax Penalty from NTS

Wednesday, August 7th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- It was reported that the National Tax Service has imposed a penalty of 12.2 billion won to Seoul Semiconductor, a company...

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Credit Card Companies to Face Stiff Penalty for Refusing to Pay back Annual Fees

Wednesday, August 7th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Financial regulators will soon set out to penalize credit card companies that refuse to refund credit card membership fees...

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Mirae Asset to Buy The Coffee Bean & Tea Leaf HQ

Wednesday, August 7th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Mirae Asset Global Investments is moving to acquire The Coffee Bean & Tea Leaf, a specialty coffee chain with the...

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Auto Makers Increasingly under Attack of Patent Trolls

Wednesday, August 7th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- In a situation where major electronic and info-tech companies are mired in high-stake patent infringement suits, auto...

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Korea's First Energy Self-sufficient Apartments to Be Built in Samcheok

Wednesday, August 7th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Korea's first energy self-sufficient residential complex will be built in Samcheok, a mid-sized city on the east coast....

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Toshiba Makes $4 Bil. Investment in NAND Flash Memory

Wednesday, August 7th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Toshiba Corp. will build a large memory chip plant in efforts to catch up with industry leader Samsung Electronics.The...

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1H Domestic Construction Orders Fall 29% from a Year ago

Wednesday, August 7th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- The first-half domestic construction order volume was below the 40-trillion-won level, down almost 30 percent from the...

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Micron's Ed Doller to Keynote at 2013 Flash Memory Summit

Vice President and Chief Memory Systems Architect of Micron's NAND Solutions Group to Discuss the Future of Storage Architecture for the Data Center Wednesday, August 7th, 2013Korea IT Times...

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MAFRA seeks convergence of scientific technology and agriculture

Wednesday, August 7th, 2013Monica Chung (info@koreaittimes.com) SEOUL, KOREA - The government is seeking the convergence of scientific technology and agriculture to tide over the current crisis facing...

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MCST advocates 'Hallyu 3.0'

Wednesday, August 7th, 2013Monica Chung (info@koreaittimes.com) This is the first article in a yearlong series about 'K-Culture.’  Future articles will include “Attaching Wings to the World’s...

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Import Car Sales Renew Record High Again

Wednesday, August 7th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- The sales of import cars in Korea renewed its record-high level again in July 2013. According to the Korea Automobile...

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Sony Releases High-end Small Camera RX100 II and RX1R

Thursday, August 8th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Sony released a high-end small camera RX series—RX100 II and RX1R. The company held a press conference on August 6 in Seoul...

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OnNet Joins Hands with Malang Studio to Gain Larger Share in Mobile Business

Thursday, August 8th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- OnNet, one of Korea's first-generation game companies, signed an agreement with Malang Studio to gain a larger share in...

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Mobile Shopping Sales Peak at 10 pm on Saturday

Thursday, August 8th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Mobile shopping sales peak at 10-11 pm on Saturdays, according to a survey conducted by an online shopping mall service...

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Flexcom Enjoys Record-high Performance in 2Q

Thursday, August 8th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Flexcom, a specialist in the manufacture of flexible printed circuit boards, announced on August 7 that it registered...

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Naver to Withdraw from Real Estate Service

Thursday, August 8th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Naver, the largest online portal in Korea, announced on August 7 that it will stop providing real estate information...

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Korea Line Selects SM Group as Prime Negotiator

Thursday, August 8th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Korea Line Corp. announced on August 7 that it selected TK Chemical consortium as a prime negotiator for its M&A...

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Int’l Oil Prices Fall amid Worries of QE Retreat

Thursday, August 8th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- The international oil prices declined amid growing worries about the potential for a reduction in the U.S. quantitative...

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Hyundai EP Enjoys 83% Growth in Operating Profit

Thursday, August 8th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Hyundai EP, former Hyundai Development company specializing in auto interior and exterior plastic upholstery goods,...

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LG G2 INTRODUCES NEW DIRECTION IN SMARTPHONE DESIGN

More Than 130 Global Wireless Carriers on Board to Roll Out LG’s Latest Premium Device Thursday, August 8th, 2013Korea IT Times (info@koreaittimes.com)NEW YORK, USA- LG Electronics (LG) today unveiled...

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