SEOUL, KOREA - The number of Korea's stock investors has shrunk for the first time in seven years. The Korea Exchange said on July 22 that the nation's investor numbers as of the end of 2012 were 5.02 million, down 5.1 percent from the previous year's 5.28 million. This is the first time since 2005 in which the number of investors has declined.
Sigma Designs (NASDAQ: SIGM), the world leader in connected media platforms, today announced that its award-winning Z-Wave technology has been integrated into the Best Buy Insignia brand's new cTV line of broadband-connected televisions.
Seoul, Korea - Although Samsung and LG agreed to withdraw the OLED case from the court, their legal battle on the refrigerators seems that it will continue. According to the trade insiders, Samsung Electronics and LG Electronics must submit their legal opinions by the end of this week, which will signal the start of legal battle.
SEOUL KOREA - President Park is scheduled to hold a discussion with President Obama on the 7th of May. They will discuss the future of cooperation regarding the North Korea Policy including the denuclearization of the Korean Peninsula. This is the first meeting since Park has assumed the presidency.
SEOUL, KOREA – Marking the second year of LTE commercialization, The Electronic Times hosted the Creative Engine LTE Korea Conference on Tuesday. Attendees at the conference agreed that LTE is the driving force behind the South Korean government’s creative economy agenda.
At IFA 2011, LG Electronics (LG) is presenting the LW980S, a top-of-the-range LED LCD TV that packs LG's spectacular CINEMA 3D technology and Smart TV functions, and delivers them through the beautifully clear picture of LG's NANO FULL LED.
SEOUL, KOREA- The amount of losses Hyundai Motor suffered due to labor strife this year exceeded 2 trillion won. According to Hyundai Motor on August 25, it suffered a loss of 2.02 trillion won this year due to the labor union's strikes and resistance to overtime works on weekends.
SAN FRANCISCO, USA - Samsung Electronics released five new and improved software development kits (SDKs) for creating consumer and enterprise apps on its smartphones, tablets and Smart TVs today at Samsung Developers Conference (#SDC13).
SEOUL, KOREA- CJ Group will increase its budget to purchase domestically produced farm goods by about 1 trillion won to 1.7 trillion won until 2015. In addition, the group will make efforts to promote Korean farm goods and food items overseas jointly with government agencies and agricultural cooperatives.
SEOUL, KOREA - Line Game, a game service offered by Naver’s global messenger Line, passed the 300-million mark in cumulative downloads.According to Naver Line’s official blog on March 26, Line Game exceeded 300 million in cumulative download numbers as of March 14.
SEOUL, KOREA - A study said Korea's competitiveness is being eroded by its regional rivals, China and Japan. Hyundai Economic Research Institute said this on January 26 in a research report "Korea Losing Ground in Tripartite Division of Labor."
SEOUL, KOREA - The Ministry of Knowledge Economy said on January 14 that Korea's shipbuilding industry last year took the No. 1 position with 35 percent of the world's shipbuilding orders. This is the second straight year for which Korean shipbuilders are ranked the top position.
SEOUL, KOREA – Mark Zuckerberg, Facebook's Co-Founder and CEO, left South Korea on Tuesday, rounding off his short visit to the nation. On Monday evening, Mark Zuckerberg met with President Park Geun-hye and talked about ways to move forward the creative economy agenda.
SEOUL, KOREA – With Apple and Samsung Electronics taking up 95% of the total operating profit (up from 66% in the fourth quarter of 2011), industrial imbalances, to the chagrin of mobile carriers, have peaked.
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