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Ssangyong Motor Narrows Operating Losses in 1H

Tuesday, August 13th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Ssangyong Motor announced on August 12 that it posted an operating loss of 14.3 billion won for the first half of this...

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Jeju Air to Double Flights to Bangkok and Guam in Oct.

Tuesday, August 13th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Jeju Air, Korea's low-cost airline, said on August 12 that it would expand its flights to Bangkok and Guam to twice a day...

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GM May Pull out of Korea in Stages

Tuesday, August 13th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Foreign news outlets reported that GM may pull out of Korea in stages. According to some overseas media reports on August...

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Daewoo E&C Wins $1.8 Bil. Deal to Build Power Plant

Tuesday, August 13th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Daewoo Engineering & Construction said on August 12 in a regulatory filing that it had won a 1,971-billion-won...

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Hyundai E&C Wins $300 Mil. Order to Build Doha New Port Facilities

Tuesday, August 13th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Hyundai Engineering & Construction said on August 13 that it had won a US$301-million order to build a new port at...

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Green Cross to Export Flu Vaccines to a WHO Organization

Tuesday, August 13th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Korea's pharmaceutical company Green Cross Corp. said on August 13 that it won a contract to supply US$12.5-million flu...

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Ovum finds the importance of the CRM vendor's portfolio

Ovum names Microsoft Dynamics CRM, Oracle Siebel CRM, Salesforce.com, and SAP CRM as the market leaders in the CRM market Tuesday, August 13th, 2013Korea IT Times (info@koreaittimes.com)MELBOURNE,...

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C-COM Announces Partnership With Leading Asian Global Electronics Manufacturer

Wednesday, August 14th, 2013Korea IT Times (info@koreaittimes.com)OTTAWA, CANADA - C-COM Satellite Systems Inc., the leading global provider of mobile auto-deploying satellite antenna systems,...

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July Jobs Number Continues 300,000-plus Level for 2 Consecutive Months

Wednesday, August 14th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- As the July jobs number surpassed the 300,000 level for two consecutive months, expectations are high on a further...

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KEPCO to Take Management Control of U.S. No. 2 Uranium Developer

Wednesday, August 14th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Korea Electric Power Corp. will take management control of Energy Fuels Inc., the No. 2 uranium producer in the United...

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Samsung Group's "Future Tech Fostering Project" to Be Split into 2 Parts

Wednesday, August 14th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- The "future technology fostering project," the 1.5-trillion-won program led by Samsung Group intended to support the...

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Samsung May Cut UHD TV Prices Following OLED TV Price Cuts

Wednesday, August 14th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Samsung Electronics will soon cut the price of its UHD (ultra-high-definition) TVs following cuts in curved OLED TV...

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SK Hynix Overtakes Micron to Become No. 3 in NAND Flash Memory

Wednesday, August 14th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- SK Hynix has become a No. 3 producer in NAND flash memory chips overtaking Micron Technology Inc. of the United...

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SBW Inc. to Supply Underwear Items to China's RT-Mart

Wednesday, August 14th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Ssangbangwool Inc. will soon supply its underwear items to RT-Mart, China's largest retail chain.The company said on...

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Hyundai's "New Avante" Comes with Ambitious Diesel Edition

Wednesday, August 14th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Hyundai Motor has launched a facelift model "The New Avante" on August 13, with an additional diesel edition included....

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Hyundai to Recall 239,000 Sonata and Azera Models

Wednesday, August 14th, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Hyundai Motor will recall 239,000 Sonata and Azera (Grandeur in Korea) sedans sold in cold-weather states in the United...

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Mahindra to Expand Partnerships with Korean Parts Suppliers

Wednesday, August 14th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Mahindra & Mahindra Ltd., the majority shareholder in Ssangyong Motor, will push for a series of joint investment...

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Ssangyong Motor Unveils Manual Transmission SUV "Rexton W Mania"

Wednesday, August 14th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Ssangyong Motor said on August 14 that it has introduced manual transmissions in all of its sports utility vehicle models...

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Ovum predicts the global enterprise Ethernet services market to exceed...

Wednesday, August 14th, 2013Korea IT Times (info@koreaittimes.com)MELBOURNE, AUSTRALIA – The global enterprise Ethernet services market will exceed US$62bn by 2018, with the market growing at a 13.6...

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Kaywon School of Art & Design and Korea IT Times signed an...

Wednesday, August 14th, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Kaywon School of Art & Design and Korea IT Times signed an academic-industrial collaboration agreement in an effort...

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