President Lee Myung-bak and U.S. President Barack Obama agreed on October 13 (Washington time) to increase the scope of the Korea-U.S. alliance. At a summit in the White House in Washington, D.C., the two leaders agreed that the ratification of the Korea-U.S. free trade agreement (FTA) will advance the Korea-U.S.
SEOUL, KOREA - Since the hosting of Samsung Electronics semiconductor plant, the Chinese city of Xi'an is experiencing a sea change. For example, the number of Korean expats living in the old city in the central-northwest region has quadrupled to 5,000, with Korean companies including Samsung partner firms numbering 100. Even though the city has been continuously inhabited for more than 3,000 years, it has been late in catching up with the change of time in the late 20th century.
SEOUL, KOREA - SK C&C is trying to win a contract worth KRW 180 billion to establish an integrated system of managing water in Thailand. The company has made a consortium with the Korea Water Resources Corporation to take care of an IT-based water management system in the country.
Microsoft Corp. said Thursday its earnings in the most recent quarter jumped 60 percent, as a rebound in the personal computer industry drove sales of the company's latest Windows operating system. But results in Microsoft's other divisions show that while consumers have resumed spending on new PCs, big corporations have not.
SEOUL, KOREA – Setting their sights on the bio market, Korean semiconductor producers rolled up their sleeves to leverage their semiconductor technologies in developing automated equipment for In vitro diagnostic (IVD) tests.
SINGAPORE - Navigat Group Pte Ltd("Navigat" or the "Company"), the SE Asian gas-to-power specialist, today announces a US$21 million investment from two seasoned Indonesian investors, Mahanusa Capital and Gunung Sewu Group.
Seoul, Korea - Intellectual Property (IP) has emerged as the new methodology for the convergence of science, technology and ICT. The experts point out that the Ministry of Future-Creation Science (English name to be decide later) must lead the convergence and support the creation of ecosystem for the IP producers.
Samsung Electronics Co. Ltd., today announced the bada 2.0 smartphone platform. The new and improved version of their smartphone operating system includes support for Near Field Communication (NFC), Web applications including HTML 5 and WAC, multitasking, scalable UI - as well as voice recognition.
SEOUL, KOREA - The share prices of major game companies are on a free fall on the news that the Constitutional Court ruled that the so-called "shutdown law," or formally the Youth Protection Revision bill, is constitutional. In May 2011, a law that forbids children under 16 years of age from playing video games from midnight to 6 am. To this, a group of Korean game developers and publishers challenged on constitutional grounds.
SEOUL, KOREA - Chung Mong-koo, chairman of Hyundai Motor Group, will depart for the United States on May 6 as part of a delegation to accompany President Park Geun-hye for her first summit meeting with the U.S. President Barack Obama.
SEOUL, KOREA- Samsung Electronics plans to release Galaxy Note III around the time of the Chuseok holidays. After showing off the Galaxy Note III first in Germany on August 4, Samsung Electronics plans to put a finishing touch on the global launching of the Galaxy Note III within September 2013.
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.
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