Hyundai Construction Equipment has won an order for large scale construction equipment from Russia.Hyundai Construction Equipment said on Aug. 19 that it has recently won a package of orders worth 30 million U.S. dollars, including 260 excavators, from a Russian client company. The figure is equival

CJ ENM said on Aug. 19 that the "K-CON 2019 LA," which leads the spread of "K-Culture," ended in great success with more than 100,000 customers. The K-CON, which was held at the Los Angeles Convention Center and the Staples Center from Aug. 15 to 18, drew 103,000 spectators to enjoy K-Culture. The f

Samsung Heavy Industries (SHI) has received an order for 10 LNG fuel-powered crude oil carriers worth 751.3 billion won, winning more than half of this year's order target.SHI said on Aug. 19 that it has won an order for 10 Aframax-class (113,000 DWT) LNG fuel-powered crude oil carriers from a s

Sales of Galaxy Note 10s in South Korea surpassed 1 million units in advance reservations.According to Samsung Electronics on Aug. 20, sales of pre-booking Galaxy Note 10 in South Korea surpassed 1 million units, which lasted 11 days from Aug. 9 to Aug. 19.The total pre-booking sales of the Galaxy N

SK Group has decided to create an international standard that measures the "social value" created by companies in three years with global conglomerates.According to SK on Aug. 15, Value Balancing Alliance (VBA), a non-profit corporation that jointly studies social value measurement systems, will hol

Huawei has postponed release of foldable Smartphones until November. Industries are paying keen attention to the reason behind another delay in the launch in September.Huawei recently postponed the launch of its foldable smartphone "Mate X" from September to November, according to U.S. IT media call

Some 30,000 units of Hyundai Motor's All New Mighty (QT), which is at risk of fire due to malfunction of the wind control switch, will be recalled.The Ministry of Land, Infrastructure and Transport (MOLIT) said on Aug. 15 that it will recall 38,117 cars manufactured and imported from Hyundai Mot

Shinhan Bank said on Aug. 15 that Shinhan Bank Vietnam opened a total of four branches simultaneously in Vietnam, including "Danang Branch" in Danang, "My Dinh Branch" in Hanoi, "Trang Due Branch" in Hai Phong, and "Binh Duong New City Branch" in Binh Duong Province.Shinhan Bank Vietnam opened six b

South Korea's Jeju provincial government announced on August 14 that it had held a meeting on research for the 'Construction of Global Blockchain Hub City'. The research project will be conducted until December to find a blockchain service model suitable for Jeju Island.The project aims

According to the Vietnamese press and the Asia Maritime Transparency Initiative, from July 3, 2019 to August 7, 2019, China sent a survey ship, Haiyang Dizhi 8, to conduct a seismic survey in the Vanguard Bank area with the escort of Coast Guard ships, the Haijing 3901 and Haijing 37111, as well as

SK Innovation said on Aug. 15 that it has started borrowing funds from countries such as the U.S., Europe, and China to secure overseas production bases for its battery and separation membrane businesses that are being fostered as new growth engines.The amount of borrowing is worth 800 billion won,

Sales of Japanese cars plunged in South Korea last month due to the boycott of Japanese products.According to the Ministry of Trade, Industry and Energy on Aug. 15, domestic sales of cars fell by 2.4 percent year-on-year to 151,091 units in the first seven months of this year. Domestic-made cars fel

Samsung Electronics has installed a super-large smart LED signage that covers a total area of 167 square meters (77.3 meters by 2.16 meters) at Banta International Airport in Helsinki, Finland.More than 20 million travelers visiting the Banta International Airport annually can enjoy beautiful natura

Samsung Display said on Aug. 15 that Galaxy Note 10 has obtained 'Excellent A+', which is the highest rating in image quality evaluation conducted by DisplayMate of the U.S.According to the results of Galaxy Note 10, which was released by DisplayMate, it has proved that Galaxy Note 10 is equ

BELLEVUE, Wash., Aug. 15, 2019 (GLOBE NEWSWIRE/Korea IT Times) -- 5G Americas, the industry trade association and voice of 5G and LTE for the Americas, today announced the publication of Advanced Antenna Systems for 5G, a white paper that explores current trends in technology and spectrum enhancemen

BRIDGEWATER, N.J., Aug. 15, 2019 (GLOBE NEWSWIRE/Korea IT Times) -- Synchronoss Technologies Inc. (NASDAQ: SNCR), a global leader and innovator in cloud, messaging, digital and IoT platforms and products, today announced that it has repaid in full its 0.75% Convertible Senior Notes due in 2019 at th

LG Electronics (LG) and LUMI United Technology, an Internet of Things (IoT) and smart home solution provider, have signed a memorandum of understanding on Aug. 14 to develop an ecosystem that goes beyond basic appliance management to deliver a more complete IoT solution for the home. The partnership

LG Electronics said on Aug. 13 that it has released an all-in-one Energy Storage System (ESS) for 100kW solar power generation.This product is an integral part that integrates several components of ESS into one. It is easy to install as it is a package system comprising Power Conditioning System(PCS

Daewoong Pharmaceutical said on Aug. 13 that it received orphan drug designation (ODD) for its First-in-Class PRS(Prolyl-tRNA Synthetase) DWN12088, a drug to treat patients with idiopathic pulmonary fibrosis (IPF) from the U.S. Food and Drug Administration (FDA) on Aug. 8.The FDA's designation o

Starbucks Korea, the No. 1 coffee shop in Korea, will join the boycott of Japanese products amid a growing campaign to oust Japanese products due to the recent controversial comments on trade row by DHC, following the withdrawal of Japanese beer from convenience stores. Starbucks Korea said on Aug.