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.
FREIBURG, GERMANY - The CEO of Jedox AG, Kristian Raue, has sold his shares in Jedox AG and is leaving the firm he established with his wife in 2002. Raue's shares have been bought by the financial investors eCAPITAL Partners and Wecken & Cie. The running of the firm will pass seamlessly to its directors, Matthias Krämer and Bernd Eisenblätter.
SEOUL, KOREA - Seoul Metropolitan Government(SMG) will run nine intra-city bus routes exclusively from midnight to 5 AM. The city has chosen ‘Owl Bus’ as the brand name for the late-night bus service, and installed LED lighting on the front, sides and interior of each bus, as well as line maps to assist citizens’ use of the service.
SEOUL, KOREA - LG Electronics (LG) will exhibit a full range of heating, ventilation, air conditioning (HVAC) and energy solutions at Mostra Convegno Expocomfort (MCE) 2014. Taking place at the Fiera Milano SpA in Milan, Italy from March 18-21, the exhibition will give visitors the opportunity to see the very latest in commercial and residential climate control technologies and renewable energy products.
SEOUL, KOREA – In a situation where the national smart grid AMI (Advanced Metering Infrastructure) project has made baby steps for years due to a lack of high-performance chips, a Korean fabless semiconductor companies has taken up the gauntlet.
SEOUL, KOREA - Nexen Tire announced on August 6 that its global sales and operating profit reached 433.1 billion won and 48.8 billion won, respectively, for the second quarter of this year. Nexen’s operating profit-to-sales ratio stood at 11.3 percent, up 6.4 percentage points from a year ago.
SEOUL, KOREA – Despite a recent market slowdown, Chinese LCD makers have been aggressively ramping up their production capabilities in order to take control of the world’s largest TV market, their home turf. However, there are worries that after 2015 when additional production lines go into operation in full swing, there will be a worldwide supply glut.
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 - Ministry of Science, ICT & Future Planning (MSIP) and Defense Acquisition Program Administration (DAPA) held the Mobile Weapon System RTOS Development Result Demonstration at Hyundai Rotem Technology Lab in Euiwang on the 20th and tested the Korean-made Real-Time Operating System (RTOS) by applying it to an actual tank.
ILSAN, GYEONGGI- About six hundred people including figures from the Industrial Technology field, the winners, and their families attended the Korea Technology Awards 2013 hosted by Yoon Sang-jick, the minister of Ministry of Trade, Industry & Energy on November 12th at Ilsan KINTEX.
LAS VEGAS --(Business Wire)-- Feb 25, 2010 During a ceremony held last night at the Paris Hotel in Las Vegas, Omnivex Corporation, a provider of enterprise-level digital signage software, was awarded two APEX Awards for the exceptional deployments of its software by the Portland Trail Blazers Rose Garden Arena and Maple Leaf Sports and Entertainment at the Air Canada Centre. Both of these customers have used Omnivex Moxie software to manage large visual communications networks throughout their facilities.
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 - LG Electronics is set to unveil its upcoming strategic model “LG G2” in New York next month. The company sent a letter of invitations for the LG G2 Day event to about 500 global media outlets on July 23.
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