SEOUL, KOREA- Tongyang Securities maintained on September 4 its investment opinion of "buy" and target share price of 100,000 won on Samsung Engineering, based on predictions that it would be able to book up to 9 trillion won in orders until the year's end, while keeping its ongoing offshore plant and liquefied natural gas projects on an even keel.
SEOUL, KOREA - LG Display has made a record-high performance, thanks to a rise in shipments to its major customer Apple Inc. and an increase in demand during the end-of-the-year shopping season. The company said on January 24 that its fourth quarter performance has been a sales revenue of 8,742.6 billion won and an operating income of 578.3 billion.
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.
Minnesota, USA -September 2, 2011 - 'Social Networking' could seem to be the 'answer' for solving all the problems of companies; yet, some companies think it is as easy as setting up a Facebook page and periodically signing in to comment on customers' inquiries and complaints.
MELBOURNE, AUSTRAILIA - Keeping business systems safe and protecting the data that they hold has never been more difficult to achieve, according to global analyst firm Ovum. It is a commitment that continues to be threatened by security attacks ranging from opportunistic hackers using pre-built tools through to targeted, well-resourced, state-sponsored cyber activity.
SEOUL, KOREA - KT Rental Co., a general rental company offering short-term and long-term car rental, chauffeured, overseas reservation, and camping van services, is emerging as one of the hottest deals of the second half of the year.
Seoul, Korea - LG Display has submitted on the 20th an cancellation application for its injunction request against the sales of Galaxy Note 10.1 filed against Samsung Electronics and Samsung Display in December last year.
SEOUL, KOREA – Korea EximBank, in partnership with the Asian Development Bank, will provide US$420 million to a project to build a hydroelectric power plant in Laos. This is the first instance in which the Economic Development Cooperation Fund is combined with project financing loans. Under the aegis of the government program, major Korean companies such as SK Engineering & Construction and Korea Western Power will participate as contractors.
SEOUL, KOREA - Coupang announced on December 12 that it ranked No. 1 in the social commerce category in the 2013 KNPS (Korean Net Promoter Score) conducted by the Korea Managemen tAssociation Consultants.
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.
SEOUL, KOREA - SK Telecom (NYSE: SKM) announced that today it signed a Memorandum of Understanding with Somalogic, a privately held protein biomarker discovery and clinical diagnostics company in the U.S., to cooperate in the development of healthcare technologies and business.
MUNICH, GERMANY - The Swiss mobile network provider Swisscom is counting on highly secure NFC-enabled SIM cards from Giesecke & Devrient (G&D) to allow its customers to make payments with "Tapit". Tapit is the digital wallet for smartphones in Switzerland.
Automakers are on the verge of mass-marketing plug-in electric vehicles worldwide, including both plug-in hybrid electric vehicles (PHEVs) as well as battery electric vehicles (BEVs). These vehicles offer improved fuel economy, lower emissions, and a quieter ride than comparable traditionally power internal combustion engine (ICE) vehicles, with several key variations in driving range capabilities. According to a new report from Pike Research, worldwide adoption of PHEVs and BEVs will grow quickly over the next five years, with sales totaling 3.2 million vehicles between 2010 and 2015 and
SEOUL, KOREA – On Sunday, KT said it has signed an MoU with the Rwandan government to set up a joint venture company that will be tasked with the building of 4G LTE high-speed wireless networks in Rwanda.
SEOUL, KOREA - Korea's major ready-mixed concrete makers are looking to find new growth engines. The big-three firms in the industry will fight off in the latter half of the year surrounding Tongyang Cement that will be put on the market soon.
PRINCETON, NJ - Wharfedale Technologies Inc. (WFT), a leading IT services and consulting firm, announced today it has successfully migrated TransAlta’s SAP production landscapes from its physical environment to a virtualized Converged Infrastructure with VCE Vblock Systems using EMC VNX storage.
PARIS, FRANCE - The French Prime Minister Jean-Marc Ayrault said his government would do everything to support STX France. According to STX on January 23, Prime Minister Ayrault visited its Saint-Nazaire shipyard on the 22nd and said, "The shipbuilding industry is contributing in a meaningful way to local economy and industrial development by creating jobs and boosting productivity. Our government will provide support to STX France as much as possible."
SEOUL, KOREA – The first half of this year saw imported car brands gain more ground in the domestic car market. Meanwhile, South Korean automakers had been put on the defensive on their home turf in the first half. Most of the domestic automakers witness their sales contract.
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