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Price Competition Heats up in Curved OLED TV Market

Monday, August 12th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Samsung Electronics and LG Electronics, the No. 1 and 2 players in the global TV market, are engaged in price cutting...

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July Car Sales Break 140,000 Mark

Monday, August 12th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Car sales hit a year's high in July 2013, according to the Ministry of Trade, Industry & Energy.Domestic car sales,...

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Incheon Airport Consortium to Build 1.22 Tril. Won New Myanmar Airport

Monday, August 12th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Incheon International Airport Corp. announced on August 11 that it was named as the primary negotiator for the construction...

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Hyundai Rotem Wins 450 Bil. Won Rolling Stock Order from Brazil

Monday, August 12th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Hyundai Rotem announced on August 11 that it signed a deal worth 450 billion won to supply 240 units of rail cars to...

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Hyundai Corp. to Supply $1.5 Bil. Heavy Fuel Oil to Guam

Monday, August 12th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Hyundai Corp., Korea's general trading company, has signed a US$1.5-billion contract with the Guam Power Authority to...

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Korea Finance Corp. Invests in Cha Medical Group's Acquisition of U.S. Hospital

Monday, August 12th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- In a 150-billion-won capital increase deal to acquire a U.S. hospital by Cha Medical Group, the Korea Finance Corp. and...

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Cheil Industries to Transform Itself into a Leading Supplier of AMOLED Materials

Monday, August 12th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- The share price of Cheil Industries is on the rise on the news of its acquisition of Novaled AG, a German company...

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Market Cap of Seoul-located Public Companies Accounts for 85% in Total

Monday, August 12th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- The market capitalization of Seoul-located publicly listed companies accounted for more than 85 percent of the market value...

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Korean Commercial Banks' Global Reach Accelerated

Monday, August 12th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Korea's commercial banks are accelerating their bid to expand overseas.In an era of low interest rate and low growth, they...

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Kumho Electric to Relocate Its LED Production Base to China's Shenzhen

Monday, August 12th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Kumho Electric Inc. will move its operations to produce light-emitting diode (LED) lighting devices to China.This is the...

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KSTEC participates in ‘2013 Tsingtao SW Fair’

Monday, August 12th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA -KSTEC will participate in the 2013 Tsingtao Software Fair, exhibiting the “SynkPlant APS” solutions at the pavilion for...

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Metaio & Audi AG Release Interactive Augmented Reality Manual

Monday, August 12th, 2013Korea IT Times (info@koreaittimes.com)MUNICH & SAN FRANCISCO- Metaio, world leader in augmented reality (AR) software and solutions and AUDI AG -global leader in luxury...

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Renaissance Seoul Hotel- Trevi Lounge ‘Summer Special Dessert’

Monday, August 12th, 2013Korea IT Times (info@koreaittimes.com)Trevi Lounge Summer DessertSEOUL, KOREA- Renaissance Seoul Hotel’s Trevi Lounge offers two kinds of cool summer special desserts for the...

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S. Korean Pastor Tarnishes the Reputation of Prestigious British Universities

Tuesday, August 13th, 2013Monica Chung (info@koreaittimes.com)SEOUL, KOREA- SaRang Community Church, a Presbyterian Church located in Seoul, South Korea, has argued that the University of Oxford, the...

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July Import Prices Fall for 11 Consecutive Months

Tuesday, August 13th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Import prices have fallen for 11 months in a row. With the declining prices for import goods, it is expected the overall...

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GDI Growth Outpacing That for GDP...BOK

Tuesday, August 13th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Since early this year, the growth rate of the gross domestic income has consistently outpaced that for the gross domestic...

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Korean Commercial Banks' Global Reach Accelerated

Tuesday, August 13th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Korea's commercial banks are accelerating their bid to expand overseas. In an era of low interest rate and low growth,...

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Samsung, SK, Lotte Groups to Compete over Saudi Health Care System Bid

Tuesday, August 13th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Samsung, SK, and Lotte groups have plunged into a bidding war to establish health care information systems for the Saudi...

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LG Electronics Unveils Old-fashioned Classic TV

Tuesday, August 13th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- LG Electronics released on August 12 "Classic TV" that has an old-fashioned design that arouses the feel of the...

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Honda Korea Unveils 279-cc Big Scooter Forza

Tuesday, August 13th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Honda Korea announced on August 12 that it will release a large scooter Forza. The Forza is appointed with a low floating...

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