SEOUL, KOREA — Online and mobile communications technologies matured and pervaded in 2011, sparked revolutions, and gone were dictators who had held on for decades, as well as an indiscreet American politician named Wiener.
SEOUL — Song Jong-ho, Administrator of the Small and Medium Business Administration (SMBA) sets the major new-year policies to help SMEs cope with the current global financial crisis, buttress the youth’s business setup, stabilize the economy for medium and low-income classes, and promote 'eco-systemic development", a term coined by the Korean government to refer to development of SMEs and larg
SEOUL — The Ministry of Strategy and Finance recently issued a booklet that contains 268 national regulations, systems, and improvements that will be changed this year. The booklet will be handed to over 4,000 national institutes including community centers and public libraries.
In an interview with Korea IT Times, Park Jong-rok, CEO of Ulsan Port Authority (UPA), stated, "We will launch the port-backup area creation project and the 'Bukhan
ORLANDO, FL, USA — Turbine Technology Services Corporation (TTS), a full-service gas turbine engineering services firm based in Orlando, Florida, has engaged in a Memorandum of Understanding with PT Cogindo DayaBersama (CDB), a power plant management and engineering company which is wholly-owned by PT Indonesia Power.
SEOUL ― The competition among retailers in Korea to lower prices has intensified. Starting with eliminating distribution channels, retailers now produce private brand (PB) products to offer products at lowest prices.
SEOUL, KOREA -- Some experts suggest that South Korea may face another foreign exchange crisis if the North Korean regime were to collapse following the death of Kim Jong-il.
HANNOVER, GERMANY — This year Deutsche Messe will be considerably extending the options for companies to participate in trade shows with a variety of sponsoring opportunities.
Hong Kong — With over 100 million RFID (radio frequency identification) travel smart cards in circulation, Asia Pacific is the world-leader for secure and convenient travel.
In an interview with Korea IT Times, Park Jong-rok, CEO of Ulsan Port Authority (UPA), stated, "We will launch the port-backup area creation project and the 'Bukhan
NNN Korea Co. is currently developing new technologies to produce advanced and reliable auto parts for its global customers. As a result of its steady efforts, the company has reduced cost, improved overall quality, and earned an excellent reputation from leading automakers.
Sinwoo Tech produces various advanced inverter welding machines which utilizes IGBT devices. The company has introduced a brand value and quality management systems since 2006. Currently, the company has 40 domestic sales agencies. In 2006, the company made an entrance into overseas markets on the foundation of accumulating inverter control technologies.
The Magic Korea Co. was established in Yangsan City of South Gyeongsang Province in 1995. Its main products are water separators, fuel filters, oil filters, alarm units for marine engines, diesel fueled vehicles, and industrial parts. The company has been supplying its products to companies such as STX Engine, Mitsubishi and Hyundai since 2007.
Ten years have passed since the ‘Jeju Special Act’ to make Jeju a free international city, like Hong Kong and Singapore, became law in November 2001 and Jeju Free International City Development Center (JDC) was founded the following year. JDC has designed six projects to build a foundation for Jeju Free International City.
A number of US prestigious private schools, including Wilbraham & Monson Academy and Perkiomen School, are expected to discuss the establishment of their overseas branches in Jeju.
The Sooho Coating Machine Industrial Co is a manufacturer of electrostatic powder, coating equipment, and reciprocators. This company, which has 16 years of creating industrious products, also manufactures automatic systems for efficient powder coating as well as all the components and accessories needed for powder coating.
SEOUL, KOREA – Samsung Electronics Co., Ltd. today announced revenues of KRW 47.3 trillionon a consolidated basis for the fourth quarter ended December 31, 2011, a 13-percent increase year-on-year.
The word “transformer” means to transform or change something. It actually has nothing to do with a car transforming into a robot though it is a device that transfers one circuit of electrical energy to another with inductively coupled conductors. In fact, the transformer is practical and economical for long-distance transmission.
ORLANDO, FL, USA — Turbine Technology Services Corporation (TTS), a full-service gas turbine engineering services firm based in Orlando, Florida, has engaged in a Memorandum of Understanding with PT Cogindo DayaBersama (CDB), a power plant management and engineering company which is wholly-owned by PT Indonesia Power.
HELSINKI, FINLAND – Fastrax Ltd., a pioneering developer of high performance GNSS receivers and Software GNSS solutions for location-aware devices, today introduced the Fastrax IT530, an ultra-low power consuming and super-sensitive OEM GPS module in a tiny form factor.
SEOUL, KOREA — Achieving sales amounting to KRW 400 billion last year, Global Corporation Information Technology Co., LTD. (GCIT), newly established and registered as the only Korean developer of Smart City is a solid attestation that University Industrial Technology Force (UNITEF) provides the finest ubiquitous mentoring and roadmap services.
SEOUL, KOREA - The 63rd Republic Day of India was celebrated today by members of the Embassy of India and the Indian community with great enthusiasm, at the Indian Cultural Centre, Seoul.
HANNOVER, GERMANY — This year Deutsche Messe will be considerably extending the options for companies to participate in trade shows with a variety of sponsoring opportunities.
FRANKFRUT, GERMANY — Stability, consistency and quality – these are the attributes with which the three consumer-goods fairs – Christmasworld, Paperworld and Creativeworld – open their doors in Frankfurt am Main at the end of January.
DAEJEON, KOREA — Small and Medium Business Administration (SMBA) and the Agency for Traditional Market Administration decided to foster 100 specialized markets where domestic and foreign tourists can shop and tour until 2015 by finding and developing the unique characteristics of markets in relation with local history, culture, and resources for tourism.
Since the youth unemployment rate has remained high during the last few years, Job Creation has become one of the greatest concerns in Korean society. The creation of new jobs would be the top priority of political parties in 2012. In order to create jobs, more factories should be built or the demand on service industries should expand.
In 2002, Korean democracy made headlines around the world when an unknown entrepreuneur launched the world’s first citizen journalism web site OhMyNews, which helped deliver the highest chair in the country to the underdog liberal candidate Roh Moo-hyun.
NNN Korea Co. is currently developing new technologies to produce advanced and reliable auto parts for its global customers. As a result of its steady efforts, the company has reduced cost, improved overall quality, and earned an excellent reputation from leading automakers.
The following companies have been evaluated and selected by KOSEA (Korea Software Enterprise Association), Korea IT Times, and Computer World. They will be regularly featured on Korea IT Times.
SEOUL, KOREA - As a leader in Korea’s data integration and quality management market, Data Streams is taking a new step forward in 2012 for another leap.
Acewavetech (AWT), a globally recognized brand in radio frequency (RF) devices, recently unveiled its RFID Protocol Analyzer at the 2011 Microwave Exhibition in Japan to
SEOUL — Some 500 people attended the Ministry of Knowledge Economy’s annual 2011 Korea Technology Award ceremony held on December 8 at the Intercontinental Seoul, including Minister Hong Seok-woo as well as chairman of the Knowledge Economy committee of the National Assembly Kim Young-hwan.
The world has witnessed a remarkable boom in the study of Korean language over the last five years. There are an increasing number of international students enrolling in Korean universities, often taking all their courses in Korean. I taught a course in Korean literature this year at Kyung Hee University and found many students from abroad were enrolled.
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