SEOUL, KOREA - The net profit reaped by Korean banks in their overseas offices during the first half was US$370 million, up 32.1 percent from the same period a year ago. Their return on assets has also increased slightly. But it still fell short of the past three-year average net profit.
LEUVEN, BELGIUM - At this week’s VLSI 2013 Technology Symposium 2013 (Kyoto, Japan, June 11-13, 2013), imec presented important findings increasing the understanding into the stochastic nature of Resistive Random Access Memory (RRAM) operation.
KUALA LUMPUR, MALAYSIA - OffGamers expresses its gratitude to all its partners, customers and staff for their valuable contributions and support, as the company celebrates its 10th anniversary this month. From a small office/home office (SOHO) concept formed by three brothers, Ken Chee , Stanley Cheeand Leonard Chee , on 30th June 2004 , OffGamers has become one of the world's leading game distribution platform today.
Melbourne, 29th April 2010. Ovum's new mobile application developer survey* found 60% of mobile developers are using or plan to use Google's server-side APIs when building applications, leaving the mobile operators behind at 25%.
Michele Mackenzie, independent industry analyst at Ovum, comments: "This is not surprising as Google, leveraging its dominance in the Internet domain, is fast establishing itself as a strong partner in the mobile applications environment.
SEOUL, KOREA - The sales ofimport cars reached 17,027 units last month, the second highest monthly salesthis year, with the share of import cars in Korea’s passenger car marketpassing the 15 percent mark for two straight months.
SEOUL, KOREA- The share price of POSCO ICT is showing strength on news that it would establish an LED lighting business in China. At 9:12 am on September 25, the company's shares were trading at 10,050 won, up 3.72 percent (360 won) from the previous day. On the same day, HMC Securities maintained its investment opinion on POSCO ICT at "buy" and a target price of 13,000 won.
While people are exercising or walking around in the rain, cotton socks may easily get wet and not dry quickly. However, if socks are made of ultrafine fibers instead of cotton, they dry quickly, even while being exposed to moisture.
SEOUL, KOREA - LG Innotek announced on August 28 that it has developed a DCT (dual-clutch transmission) motor without using rare earth elements, for the first time in the world. The DCT motor is a core driving component that helps drivers shift gears smoothly in accordance with changes in driving situation.
SEOUL, KOREA – SK Planet, a subsidiary of SK telecom, said Wednesday it has completed the building of its car diagnostic platform in China and started to offer services. In partnership with China Telecom and Tian You Xing (a Chinese operator of commercial vehicle LED advertising), SK Planet has commercialized its car diagnostic service in Hubei Province. SK Planet’s car diagnostic platform offers five different services (vehicle-related data monitoring, real-time
SEOUL, KOREA- POSCO said on September 9 that it would run Russia's steel company Amurmetall, based in the Far Eastern district of Khabarovsk, under a consignment agreement. POSCO chairman Chung Joon-Yang signed on the same day a memorandum of understanding with Vnesheconombank (VEB), a state-owned Russian bank owning the 100-percent stake in the steel maker.
This is the second article in a series of “Creative Korea Leadership – K-Trade” provided in partnership with Ministry of Trade, Industry and Energy.
SEOUL, KOREA - “How to tap into the ‘Economic freeway’ connected to 47 nations through FTAs is getting more instrumental for business success in the globalized era,” said Kim Young Hwan, Director General of the FTA Information & Business Center.
MOUNTAIN VIEW, CA - Couchbase, the fastest-growing provider of enterprise-class NoSQL databases and technologies, today announced the opening of five new offices in Paris, Beijing, Tokyo, Bangalore and Tel Aviv.
Seoul, Korea - According to GfK, a market research company, the global smartphone sales will grow to 1.2 billion units in 2014, from 244 million in 2010. GfK anticipated that the sale of tablet PCs will also sharply increase from 15 million in 2010 to 275 million in 2014.
BOISE, USA - Micron Technology, Inc.,(Nasdaq:MU) announced today it is planning to adapt its Hybrid Memory Cube (HMC) for petascale supercomputer systems, representing a dramatic step forward in memory technology.
Melbourne, 28th April 2010. $37.5 billion of long running IT contracts are set to expire in the next six months, providing opportunities for savvy IT providers according to independent technology analyst Ovum.
SEOUL, KOREA - LG Chem has plunged into a fray to acquire Woongjin Chemical, a Woongjin Group affiliate. According to investment banking sources on May 13, LG Chem has appointed Samil PwC and Lee & Ko LLC as financial and legal consultants, respectively, in a bid to take over Woongjin Chemical.
SEOUL, KOREA - Competition over the skies of Northeast Asia is getting fiercer as low-cost carriers are moving into flight routes serving cities in China, Japan, and Korea. Following an announcement last year by the Chinese government to nurture home-grown low-cost airlines, Japanese budget airlines are expanding aggressively in adding new regional lines. Malaysia's AirAsia, Asia's largest low-cost carrier, is also set to enter the Korean market after declaring that it would make a second attempt to enter the Japanese market.
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