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Hot Issues

Tuesday, March 2nd, 2010

Baek Nam-jun proclaimed, "Our life is half natural and half technological. Half-and-half is good. You cannot deny that high-tech is progress. We need it for jobs. Yet if you make only high-tech, you make war.

Tuesday, December 15th, 2009
As the merger of the three subsidiary companies of LG Telecommunication has been granted by the Korea Communications Comission (KCC), investors are showing peaked interest in the future value of the company. Experts say it would be better to exercise appraisal rights, but opinions about future values differ.
Wednesday, October 14th, 2009

Melbourne, 14th October 2009 - According to Ovum, an analyst and consulting company, Asia-Pacific is one of the regions experiencing strong growth from managed telepresence services over the next five years. "By 2014, the telepresence-based videoconferencing services market will be worth USD 450 million globally, and Asia-Pac could account for nearly 42% of that," said David Molony, Principal Analyst at Ovum, based in London.

Thursday, September 10th, 2009

Around two-thirds of the locally-made anti-virus programs sold during the first half of this year failed to pick up malicious computer codes, according to a survey conducted by the Korea Communications Commission and the National Internet Development Agency of Korea.

Despite the so-called "denial-of-service" attacks last month that paralyzed major Web sites here, 84 local anti-virus programs out of the 134 surveyed failed to detect a single malicious code from the 1,500 online samples tested.

Thursday, September 10th, 2009

Exposed as defenseless against the powerful Internet attack that crippled scores of South Korean computers in July, the government has been considering more ways to strengthen the online security requirements for both individuals and companies.

Thursday, August 13th, 2009

Now is the time to take action to prevent climate change, said UN Secretary General Ban Ki-moon. He made the remarks in his keynote speech at the opening ceremony of the Global Environment Forum 2009 held at Songdo Convensia in Songdo International City, Incheon on Aug. 11.

Thursday, August 6th, 2009

Guro-gu, a tech-heavy district in Seoul, is seeking designation as the country's first special IT zone centering on the Seoul Digital Industrial Complex.

Wednesday, August 5th, 2009

LG Innotek has started the mass production of vertical light-emitting diode (LED) chips, which is emerging as a next-generation LED chip technology.

According to industry insiders, on Aug. 4 LG Innotek recently finished developing the vertical LED chip and has begun mass-producing it for lighting equipment.

Wednesday, August 5th, 2009

KT will begin to provide its wireless voice mobile services over WiBro networks by the fourth quarter of 2009.

Tuesday, August 4th, 2009

LG Display is supplying Mercedes-Benz with LCD panels for its car navigation system. This is the first time the world-class carmaker has ever received supplies of Korean LCD panels for its luxury-brand car navigation.

Tuesday, August 4th, 2009

The Korean display and mobile industry noted big gains in the global export market. The display industry recorded US$2.2 billion in total exports and passed the total exports of the automotive industry in June and July.

Monday, August 3rd, 2009

The Korea Space Launch Vehicle-1 (KSLV-1) is scheduled to launch on Aug. 11 at the Naro Space Center. Even though South Korea completed work on its first launch vehicle much earlier, the launch had to be rescheduled five times due to a defect found in the test firing of the stage one rocket.

Monday, August 3rd, 2009

President Lee Myung-bak flew down to Jeju Island over the weekend to visit with former US president George W. Bush.  Bush was there to speak at an economic forum organized by the Federation of Korean Industries.

Thursday, July 9th, 2009

The government will inject a total of W107 trillion (US$83.8 billion), about 2 percent of the GDP, into the Green Growth sector each year for the next five years. This project is expected to bring from W182 trillion (US$142.5 billion) to W206 trillion (US$161.3 billion) in production induced effects and create 1.56 million to 1.81 million jobs.

Tuesday, June 9th, 2009

The government has finalized a master plan for a four rivers project, which will be implemented by 2012 with a budget of W22.2 trillion (US$17.7 billion). The project is aimed at improving four major rivers – the Han, Nakdong, Geum, and Yeongsan rivers – across the country.

Tuesday, June 9th, 2009

Korea and the US should seek green cooperation to create a synergy between the two countries, given their respective economic development policies based on a vision for green growth. Minister of Knowledge Economy Lee Youn-ho made these remarks when he addressed members of the American Chamber of Commerce (AMCHAM), during luncheon held at the InterContinental Hotel in Seoul on June 8.

Thursday, June 4th, 2009

S-LCD Corporation, a joint venture company of Samsung Electronics and Sony Corporation, has started the operation of its second eighth-generation production line.

Wednesday, June 3rd, 2009

The launch of Naro (KSLV-I), Korea's first spacecraft, has been finally approved by the government. The Ministry of Education, Science and Technology convened a session of the Third National Space Committee on June 2, which reviewed and approved an application for the spacecraft's launch filed by the Korea Aerospace Research Institute (KARI).

Thursday, May 21st, 2009

SK Telecom (NYSE:SKM) announced that it signed an additional consulting agreement and a LOI with Kulacom Broadband Investment Company (Kulacom or KBIC), a UAE based telecommunications services company that operates high-speed wireless internet service and VoIP in the Middle East.

On May 20, SK Telecom Executive Vice President Young-Chan Nam and Kulacom CEO Michael Penner attended the signing ceremony held in Amman, Jordan to sign a USD 4.38 million consulting agreement and a USD 2.18 million LOI. The companies agreed to actively cooperate in Kulacom’s WiMAX business in the Middle East and Eastern Europe.

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