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vip
Tuesday, August 12th, 2014

Interview) Revive the Hope of the Korean Economy in Crisis

Column

jeonbyungseo
Friday, July 25th, 2014

It is now the time for G1 or G2 meeting, not a another G7 or G20. In other words, this is the era of O(bama) X(ijinping).It is the United States of America that is playing a critical role in recovering the global economy, which is mired in the financial crisis,by pouring $3.7 trillion under the name of QE1, 2, 3, and 4.

Special Features

13
Monday, July 21st, 2014

Changes in IT technologies are fearsomely fast. IT products that were widely used a couple of years ago are no longer in use today. IT companies that were expected to flourish forever sometimes go under overnight. The Korea IT Times has kept pace with the times, closely following rapid changes in IT technology over the past decade.

Software

Wednesday, July 2nd, 2014

The world software market is valued at $1.3 trillion. The Korean government, to position itself at the head of the IT industry, has launched the 'Actualizing Creative Economy' to support measures for preeminence in software innovation. Since 2012 the government has invested a sizable portion of its budget into this effort.

Technology

yuk
Friday, July 18th, 2014

S. Korea’s three mobile carriers (SKT, KT and LG U+) have been jostling to get the upper hand in the fledgling market for 5G (5th generation mobile networks), which is 1,000 times faster than 4G networks.

Finance

Tuesday, August 12th, 2014
SEOUL, KOREA - Dongwon Group will acquire Techpack Solutions Inc., Korea's No. 1 packaging material manufacturer. Dongwon Systems, a Dongwon Group company, said on August 11 that it would purchase the 100-percent stake in Techpack Solutions from MBK Partners, a private equity fund firm. The price is estimated at 450-500 billion won.

Reporter's Notebook

geunhye
Monday, July 14th, 2014

The Park Geun-hye government has recently received a report card on its economic policy over the past two years. Since the Park Geun-hye government emerged a few months after the Japanese government changed hands in 2012 and since both governments unveiled their economic policies (dubbed as ‘Geunhyenomics’ and ‘Abenomics’, respectively) over the same period, many have been tempted to draw a comparison between Geunhyenomics and Abenomics.

Cybersecurity

table1
Monday, July 14th, 2014

As financial fraud gains prevalence, the financial sector has accepted theFraud Detection System(FDS). Financial authorities have planned FDS construction in credit card and insurance companies to be applied to the entire sector including banks and securities through comprehensive measures to improve electronic financial security and recommended all banks to have it put in place by the end of the year. Though not mandatory,banks are willing to accept FDS within the year to prevent electronic financial incidents from occurring more frequently.

Cover Stories

1
Tuesday, July 15th, 2014

In 2020 Mr. Do Min-jun (37) is in New York for a 3-day business trip. He married Ms. Na Young-sim 7 years ago and has one cute daughter named Mina (7).

ITU PP 2014

logo
Friday, July 11th, 2014

- Opportunities to see the trial runs of next-generation mobile network “5G technology,” big data technologies, cloud computing services and IoT

Now, S. Korea has approximately 100 days to go before the 2014 ITU Plenipotentiary Conference, often referred to as the ICT Olympics, kicks off in October in Busan, the second biggest city in the nation.

Real-time News

bf
Wednesday, August 20th, 2014

 

According to statistics released by the World Health Organization in 2012, cancer is the cause of 15 percent of all human deaths, and affects some 14 million sufferers a year. With over 100 different forms of the disease currently known to scientists, most people live in fear of one day being diagnosed with this powerful illness.

223
Wednesday, August 20th, 2014
Nexcon Technology Co., a Korean company engaged in the manufacturing of rechargeable battery components, has acquired a unit of Japan's Panasonic specializing in rechargeable battery protection circuit boards. This is the first occasion in which Korea's small parts maker acquires a business unit of a large Japanese company.
main
Wednesday, August 20th, 2014

The 51st story of a full-length business novel.

His words are redolent of the great British warrior, Winston Churchill. He survived the Dunkirk Crisis and won the World War Two in the end. After the War, he was asked by reporters, ‘How could you survive the Crisis?’

Wednesday, August 20th, 2014
Nexcon Technology Co., a Korean company engaged in the manufacturing of rechargeable battery components, has acquired a unit of Japan's Panasonic specializing in rechargeable battery protection circuit boards. This is the first occasion in which Korea's small parts maker acquires a business unit of a large Japanese company.
Wednesday, August 20th, 2014
GS Engineering & Construction said on August 18 that it won a US$584.5-million order to build a bridge in Kuwait. Commissioned by the Kuwaiti Ministry of Public Works, the project calls for building the 12.43-kilometer Doha Link bridge connecting Shuwaikh to the port village of Doha in the Jahra region of Kuwait. 
 
Wednesday, August 20th, 2014

Samsung SDI stepped into the world’s largest electric vehicle market China. Samsung plans to gain a larger share in the world’s electric car battery market by establishing a clear presence in China first.

Wednesday, August 20th, 2014
Hyundai Motor Group will implement three merger cases concurrently as part of a plan to restructure its affiliates. The group said on August 19 in a regulatory filing that Hyundai Wia will acquire Hyundai Wisco and Hyundai Metia, Hyundai AutoEver will buy up Hyundai C&I, and Hyundai Engineering & Construction will absorb Hyundai E&C Talent Training Center. The effective date for the mergers will be November 1.
Wednesday, August 20th, 2014

Samsung Electronics boosted its market share in the global memory chip market in the second quarter of this year by spearheading the world's technology competition. 

w
Tuesday, August 19th, 2014

The 50th story of a full-length business novel.

According to the Greek mythology, Heracles had an astounding wisdom and wit. At the time, the king was Augeas. He had thousands of livestock in his stable. So the stable was always dirty owing to their excrements and filth. Nobody could cleanse it up. Such a dirty condition lasted for more than thirty years.

ho
Tuesday, August 19th, 2014

HONG KONG, CHINA -Media OutReach- 18th August 2014 - Miramar Hotel and Investment Company, Limited ('Miramar" or 'the Group", HKSE: 71) announced today the interim results for the six months ended 30 June 2014.

Tuesday, August 19th, 2014

Samsung Electronics announced on August 15 that it has acquired an AmericanInternet of Things open-type platform development company SmartThings.The acquisition price, however, is not disclosed but estimated at around $200 million by overseas media.

 

H1
Tuesday, August 19th, 2014
Hyundai Motor will break the ground for the fourth and fifth Chinese auto assembly plants in Chongqing and Cangzhou (Hebei Province) at the same time. According to the company and the Ministry of Trade, Industry, and Energy on August 17, the Korean car maker has decided the annual capacity for the two plants at 300,000 and 200,000 units, respectively. The Chongqing has already been completed with the ground work while the Cangzhou plant will retrofit a existing Beijing Automotive Group plant.
hyun
Monday, August 18th, 2014

The 49th story of a full-length business novel.

Nonetheless, his staff and/or subordinates have not understood his persistent character and his deep ideal, that is, why he has adopted Saturday Management. As for his men, it was and is a problematic and touchy issue. It cannot be a voluntary program but a compulsory doctrine as a categorical imperative.

lgtv
Monday, August 18th, 2014

SEOUL ― LG Electronics (LG) today announced that its 4K OLED TV, Smart+ TV, SoundPlate and its flagship LG G3 smartphone have been recognized by the European Imaging and Sound Association (EISA) 2014-2015Awards. As the only company with three consecutive EISA awards for its OLED TV technology, LG’s leadership in the home entertainment category was solidified by its latest accomplishment.

235
Thursday, August 14th, 2014

The Publication Industry Promotion Agency of Korea (KPIPA), The Korea IT Times and the Creative Economy Planning Agency (CEPA) have agreed to join forces in helping the Korea Wave (or “Hallyu”) spill over into the Korean publishing industry.

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Interviews

1
Thursday, August 14th, 2014

“He promised to create many more new jobs by aggressively nurturing new, Internet based businesses including Internet of Things (IoT), Big Data, Cloud, etc. as a hyper connected society."

The Poem

Business

223
Wednesday, August 20th, 2014
Nexcon Technology Co., a Korean company engaged in the manufacturing of rechargeable battery components, has acquired a unit of Japan's Panasonic specializing in rechargeable battery protection circuit boards. This is the first occasion in which Korea's small parts maker acquires a business unit of a large Japanese company.

IT Times TV

bf
Wednesday, August 20th, 2014

 

According to statistics released by the World Health Organization in 2012, cancer is the cause of 15 percent of all human deaths, and affects some 14 million sufferers a year. With over 100 different forms of the disease currently known to scientists, most people live in fear of one day being diagnosed with this powerful illness.

Korean Language News

35
Wednesday, August 20th, 2014

SK하이닉스가 커뮤니케이션 분야에서 우수한 평가를 받으며  비즈니스 부문 국제상을 수상하는 쾌거를 이뤘다. SK하이닉스는 13일(현지시각) 미국 워싱턴에서 발표한 ‘제11회 스티비어워즈(Stevie Awards) 국제 비즈니스대상(IBA)’에서 4개 부문 5개 상을 수상했다고 20일 밝혔다.

34
Wednesday, August 20th, 2014

KB국민카드는 추석을 맞아 차례 및 선물 준비에 유용한 할인 등의 혜택을 제공하는 ‘위시 페스티벌 추석·가을’ 이벤트를 실시한다고 20일 밝혔다.

Wednesday, August 20th, 2014

한국반도체산업협회는 20일 서울 양재동 엘타워에서 JEDEC(Joint Electron Device Engineering Council)과 공동으로 모바일 포럼(Mobile Forum)/LPDDR4 워크샵(Workshop) 2014를 연다고 19일 밝혔다.

이 행사는 산업통상자원부와 국가기술표준원의 지원을 받아 한국반도체산업협회가 추진하고 있는 ‘반도체 표준화사업’일환으로 추진된다.

Tuesday, August 19th, 2014

한국전력공사(이하 한전)은 ‘2014년 을지연습’의 일환으로 충청남도 계룡시에 위치한 두마 변전소에서 군·관·경 합동으로 ‘전력설비 긴급복구 훈련’을 실시했다고 19일 밝혔다.

이날 훈련에는 한전 조환익 사장, 계룡시 최홍묵시장, 논산경찰서 김창수 서장, 계룡대 근무지원단 이창희 단장 등이 참석했다.

훈련은 한국전력, 계룡시, 논산경찰서, 논산소방서, 계룡대근무지원단 등 유관기관 소속 약 100여명의 인원이 참석해 국가기반시설인 전력설비에 대한 방호와 긴급복구에 중점을 두고 시행됐다.

140
Tuesday, August 19th, 2014

아시아나항공이 인천~LA노선에 차세대 항공기 A380을 매일 투입한다.

아시아나항공(이하 아시아나)는 20일부터 일 2회 LA노선 중 OZ202편과 OZ201편에 A380기를 투입, LA노선 경쟁력을 강화하는 동시에 LA를 여행하는 고객들에게 최고의 서비스를 선보일 계획이라고 19일 밝혔다.

156
Tuesday, August 19th, 2014

LG전자가 부산 광안리 해수욕장에서 비행선을 띄워 올리는 이색 이벤트를 열어 눈길을 끌고 있다.

LG전자는 12일부터 16일까지 부산 광안리 해수욕장에서 초경량 울트라 PC ‘그램’의 로고가 새겨진 비행선을 띄우는 이벤트를 진행했다고 19일 밝혔다.

ss1
Tuesday, August 19th, 2014

삼성전자가 유럽 최대 가전 전시회 IFA 2014에서 신규 스마트TV 콘텐츠 서비스를 대거 선보인다.

삼성전자는 독일 베를린에서 9월 5일부터 6일간 열리는 IFA 2014에서 '펀앤이지(Fun & Easy)' 컨셉으로 스마트 존을 구성하여 삼성 스마트TV에서 쉽고 재미있게 즐길 수 있는 다양한 콘텐츠를 공개한다.

Tuesday, August 19th, 2014

LS전선이 7년간 노르웨이 엔지니어링 업체에 해양케이블을 공급하기로 했다.

LS전선은 노르웨이 아커 솔루션(Aker Solutions)과 해양용 케이블에 대한 우선 공급자 계약을 체결했다고 19일 밝혔다.

국내 전선 업체가 글로벌 엔지니어링 업체와 우선 공급자 계약을 맺은 첫 사례로, LS전선은 향후 7년간 1억 달러 이상의 매출을 기대하고 있다.

679
Tuesday, August 19th, 2014

SK텔레콤이 인천아시안게임 스마트 ICT 인프라 구축에 박차를 가하고 있다. 인천아시아경기대회(이하 인천아시안게임) 주관통신사업자인 SK텔레콤은 모바일 기반 IT·통신·방송 인프라 구축을 마치고 본격적인 경기 후원 활동에 나선다고 19일 밝혔다.

Monday, August 18th, 2014

아시아나항공(이하 아시아나)이 19일 오후 2시부터 추석 연휴 기간 동안 투입되는 국내선 임시편 항공기 약 4,000석에 대한 예약 접수를 실시한다고 18일 밝혔다.

아시아나는 추석 연휴 기간인 9월 6일부터 9월 9일까지 김포~제주, 김포~광주, 인천~제주 3개 노선에 편도 기준 총 18편의 임시편을 추가로 투입해 고객들의 편안한 귀성길을 도울 예정이다.

추석 연휴 임시편에 대한 예약은 아시아나항공 예약센터(1588-8000)와 인터넷 홈페이지(www.flyasiana.com)를 통해서만 접수가 가능하며, 다수의 탑승객에게 보다 예약 기회를 제공하고자 1인당 예약 가능한 좌석 수는 4석으로 제한된다.

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Novel-Solongus

main
Wednesday, August 20th, 2014

The 51st story of a full-length business novel.

His words are redolent of the great British warrior, Winston Churchill. He survived the Dunkirk Crisis and won the World War Two in the end. After the War, he was asked by reporters, ‘How could you survive the Crisis?’

Editorials

Monday, June 30th, 2014

The thirteenth article of the concrete methodology for building social capital

Think of a society that is complex, in the sense that a great many of mutually interdependent individuals who make up a human society are interacting with each other in a great many ways, and the very richness of these interactions allows the society as a whole to undergo spontaneous self-organization.

Economy

Tuesday, August 12th, 2014
SEOUL, KOREA - As overseas geopolitical risks mount, the domestic stock markets are also undergoing a period of adjustment.

World News

1
Thursday, August 14th, 2014

SEOUL, KOREA - E2S Warning Signals, one of the world’s leading independent manufacturers of high-performance audible and visual signals for commercial, industrial, marine, onshore and offshore hazardous locations, has published an educational guide that seeks to ‘de-mystify’ the dB (decibel), one of the most common units in engineering, yet also one of the most confusing. The guide can be found at www.e2s.com/soundbasics.

Events

img
Thursday, July 17th, 2014

The 14th International Meeting on Information Display (IMID) showcasing recent academic technology exchanges and research trends will be held at Daegu EXCO.

Display

134
Friday, July 25th, 2014

China's companies become a threat to Korea. They are closing the technology gaps with Korea in IT and electronics in particular and expected to almost catch up with its TV and smartphones. 

CEOs

kwon
Monday, July 14th, 2014

Samsung Electronics Vice Chairman Kwon Oh-hyun says, "Make our system semiconductor the best in the world“

Policy

park
Friday, July 25th, 2014

As part of efforts to create future growth engines of the nation’s “creative economy, the S. Korean government now puts a stronger emphasis on teaching students how to develop software at an early age.” “Reinforcing the competitiveness of the nation’s software sector is an urgent task for the sustainable development of the nation’s information technology (IT) industry. Software should take center stage in Korean society,” President Park Geun-hye said on Wednesday

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