President Park to Visit Russia and Vietnam in Sept.
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Korea's President Park Geun-hye will travel to Russia for a G-20 summit in early September, followed by a state visit to...
View ArticleLabor Strike Causes Delay in Car Production at Hyundai and Kia
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- The labor unions of Hyundai Motor and Kia Motors staged two-day partial strikes, causing a delay in production of 5,500...
View Article"Hanwha's Construction Risk Would Be Limited"...Shinhan Inv.
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Shinhan Investment Corp. said on August 21 that the risk for Hanwha Group companies would be limited and accordingly set...
View ArticleKDB Decides to Inject 200 Bil. Won to STX Pan Ocean
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Korea Development Bank has decided to inject an additional fund of 200 billion won to STX Pan Ocean, Korea's No. 1 bulk...
View Article4 Bidders Vie to Acquire Dongbu Express
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- A bidding war to acquire Dongbu Express, a logistics and package delivery unit of Dongbu Group, has officially begun...
View ArticleYD Online Sees Operating Profit Up 750% in 2Q
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- YD Online posted consolidated sales of 8.5 billion won and operating profit of 1.3 billion won in the second quarter of...
View ArticleEstsoft Enjoys 16.9% Growth in Operating Profit in 2Q
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Estsoft revealed on August 21 that it posted consolidated sales of 9.21 billion won and net profit of 110 million won in...
View ArticleRamen, Liquor Makers Report Sluggish 2Q Results amid Economic Recession
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Korea’s ramen and liquor companies, which achieved a steady growth despite economic slowdown, reported sluggish growth in...
View ArticleKorean Carmakers Fire Back at Import Brands in Diesel Car Market
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Korea's major carmakers are taking steps to regain the lead in the domestic diesel car market where import cars increased...
View ArticleKorea and Pakistan ready to bolster bilateral relations
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - Korea and Pakistan’s bilateral trade relations in the year 2011 reached an all time high of US$ 1.556 billion, which was...
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Korea Loses 250 Tril. Won a Year from Social Conflict...SERI
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- A study said Korea is one of the most conflict-prone societies in the world. In a symposium on social cohesion sponsored...
View ArticleKorea Finance Corp. Resists Re-consolidation with Parent Bank
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- The Korea Finance Corp., a state-run financial institution spun off in 2009 from Korea Development Bank, is resisting...
View ArticleLG Chem to Supply UPS Battery Modules to Japan's Softbank Mobile
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- LG Chem will supply lithium-ion batteries for use with uninterrupted power supply systems for Softbank Mobile Corp.,...
View ArticleOCI Shelves Its Polysilicon Capacity Expansion Plan
Thursday, August 22nd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- OCI Company has postponed a plan to build new polysilicon production lines in its Gunsan plant, ostensibly due to the...
View Article"Korean Contractors Little Exposed to Financial Risk in India and...
Friday, August 23rd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Shinhan Investment Corp. said on August 22 that the impact of a financial crisis in India and Indonesia on Korea's...
View Article"Indian and Indonesian Economies Have Little Link with Korean...
Friday, August 23rd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- Shinhan Investment Corp. published on August 22 a research report arguing that the rising financial instability in India...
View ArticleUHD TV Market to Grow by 10-Fold within 3 Years
Friday, August 23rd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- A new era of UHD TV is coming close at hand worldwide. According to market research firm DisplaySearch, the world’s UHD TV...
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Samsung Electronics Releases Folder-type Smartphone “Galaxy Golden”
Friday, August 23rd, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- Samsung Electronics released Korea’s first folder-type smartphone targeting the middle-aged population. The company...
View ArticleNo. of Shopping App Users on Steep Rise
Friday, August 23rd, 2013Korea IT Times (info@koreaittimes.com) SEOUL, KOREA- The monthly number of consumers who purchase goods and services through smartphones or tablet computers has passed 15...
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GM Korea Rolls out Chevrolet Spark EV
Friday, August 23rd, 2013Korea IT Times (info@koreaittimes.com)SEOUL, KOREA- GM Korea announced on August 22 that it will hold a new car presentation for its 100-percent electric car Chevrolet Spark EV...
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