SEOUL, KOREA - Samsung Heavy Industries will put all its offshore plant R&D staff members to a new R&D center in Pangyo in the southern outskirts of Seoul. Ahead of the scheduled merger with Samsung Engineering on December 1, the shipbuilder will try to maximize the synergy effect by moving the R&D workforce.
SEOUL, KOREA -Korea Electronics Association selected ‘2014 best software 20 ‘ of Korean companies for Korea Electronics Show(KES) 2014 and invited them to display their software program on S/W special exhibition hall.
WASHINGTON, USA – Microsoft has pledged to help protect the environment by reducing its carbon footprint. From July 1st 2012 its data centres, software development labs and office buildings would all be carbon neutral, the firm announced. Environmental groups have called on the technology industry to adopt more renewable energy sources.
SEOUL, KOREA - GM Korea is set to release the new Chevrolet Trax on February 20. The Small SUV is embedded with a 1.4-liter gasoline turbo engine. To produce the engine, GM Korea made a new production line last year at its Bupyeong factory.
The Obama administration announced voluntary guidelines for websites such as Google and Facebook to protect the privacy of customers’, which proved to be a positive outcome for two of the major Internet giants that have sought heav
SEOUL, KOREA - Banking consumers will no longer need to visit the bank in person when renewing credit lines and instead do it on the phone. Although this is applicable only to credit loans for individuals, the privilege may be extended to other types of loans in the near future. The Financial Services Commission said on May 1 that it would institute reforms simplifying banking practices in favor of consumers. For example, the consumer can give consent to the terms of the credit loan by saying yes or pressing a button to each prompt.
SEOUL, KOREA - The bankruptcy of Byucksan Engineering & Construction has almost become a certainty. According to construction industry sources on March 30, the contractor will receive a court notice that its court receivership would terminate within this week. Earlier on March 14, the company had filed with the Seoul Central District Court for court receivership termination application.
HONG KONG - The global strategic brand and marketing consultancy Prophet has appointed two new members to the Hong Kong office leadership team, effective immediately. Partner Jay Milliken, and Senior Engagement Manager Julie Purser bring with them rich experience developing customer-driven growth strategies for iconic brands worldwide.