SEOUL, KOREA - Wireless communication device makers posted a great growth last year, cornering the relevant market. While wired communication equipment manufacturers registered a negative growth or stayed stagnant, they were found to enjoy the most as related investments were poured into LTE and other wireless telecommunication services.
SEOUL, KOREA - Kia Motors held a new car presentation for its brand-new Sorento at Grand Intercontinental Hotel in Seoulon August 28.The new Sorento is a 3G model following the 1G model released in 2002 and Sorento R released in 2009.
Hong Kong- The GSMA has today announced a ground-breaking cooperation between government partners including the Philippines Department of Education (DepEd) and the Technical Education and Skills Development Authority (TESDA), along with Digitel Mobile Philippines Inc. (DMPI), Globe Telecom, and Smart Communications.
SEOUL, KOREA - The share price of Samsung Heavy Industries is on a downward trend after the news that the company's finances are in shambles largely due to taking of below-cost orders in offshore plants. According to Samsung Group sources on April 22, the group's Future Strategy Office conducted an audit in February and found that the company took several large-scale orders at such low prices and did not even record them properly in the financial statements.
Seoul Korea - Samsung Electronics saw its global smartphone sales fall by more than 7 million units in the third quarter of this year, with its global market share estimated to have declined by about 8 percentage points.
PARIS, FRANCE - Alcatel-Lucent (Euronext Paris and NYSE: ALU) and Globe Telecom (PSE: GLO) have today signed a confirmation of award for the transformation of wireless network infrastructure in the Philippine regions of Visayas and Mindanao, upgrading it from WiMax to LTE-TDD and LTE-FDD ultra-broadband access technologies.
SEOUL, KOREA - ARA Asset Management, a property management company part-owned by Li Ka-shing, the Hong Kong business magnate and the chairman of Cheung Kong Holdings, will move in to the Korea real estate market by taking over the Korean property operations of Macquarie Group Ltd.
SEOUL, KOREA – Samsung Electronics plans to kick off pre-order sales for its 85-inch UHD TV (85S9), priced at 40 million won, from January 14. The 85-inch UHD TV provides high-quality image eight times clearer than terrestrial broadcasting HD and four times clearer than 2-megapixel full HD TV.
SEOUL, KOREA- LG Electronics announced on September 12 that the global sales of its Magic Space Refrigerator, which has a unique storage space under the concept of “a mini refrigerator inside a refrigerator,” passed 1 million units.
TEXAS, US - Texas Instruments (TI) introduced the industry’s fastest 12-bit analog-to-digital converter (ADC). The RF-sampling ADC12J4000 clocks in at 4 GSPS and supports the JEDEC JESD204B serial interface standard for data converters up to 8 Gbps, while consuming 50 percent less power than competitive devices.
Montreal (April 9, 2010) - a new version that propels professional animators into a new world of creative freedom. Animate Pro 2 is the most complete professional animation software, offering superior content creation, animation and compositing toolset for any style of animation, all within a single desktop application.
President Lee Myung-bak delivered an opening speech at the G20 Business Summit at Sheraton Walkerhill Hotel in Seoul on Nov. 11th. Chief executive officers from more than 120 global companies will discuss issues on trade investment, finance, green growth and corporate social responsibility.
SEOUL, KOREA – On Thursday, Korean instant messaging titan Kakao disclosed “Page Editor,” an editing tool geared to the production of Kakao Page (a new monetized content platform optimized for the production and marketing of numerous mobile digital content).
SEOUL, KOREA- The creditor banks of STX Heavy Industries and STX Engine have decided to inject an additional fund of 400 billion won by this weekend. According to Korea Development Bank, the principal creditor bank for STX Group, on September 11, the banks would sign a voluntary agreement with STX Heavy by the 12th and disburse a fresh fund of 250 billion won from the following day.
SEOUL, KOREA - Doosan Infracore, the company that has languished financially until last year, is making a leap of late. Following an announcement of excellent financial results for two consecutive quarters this year, the company is building R&D centers in locations such as Incheon, Yantai (China), and this time in Bismarck (North Dakota), in the United States.
SEOUL, KOREA - SK E&S, the liquefied natural gas business unit of SK Group, is currently pushing forward with a plan to sell its three power plant assets to a special fund formed by Hana Daetoo Securities, as a way to secure funds sufficient for overseas expansion.
BERLIN, GERMANY- At IFA 2013 in Berlin, LG Electronics (LG) is showcasing its latest lineup of side-by-side and bottom freezer refrigerators which offer consumers more energy savings and greater convenience than ever before.
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