Bang Jung-hyun

KT management and union workers, have set a new milestone to their relationship that will bring many benefits to the company, employees, and much more.

Last year the shipbuilding industry was battered by an unprecedented downturn, however, Daewoo Shipbuilding and Marine Engineering Co. and BN Group managed to weather the recession. Moreover, at an unlikely time, Daewoo Shipbuilding and Marine Engineering obtained 29 orders of ships and won a contract that is worth a total of US$3.7 billion of ship and marine products, stepping to the top.

100 people trapped in collapsed buildings in Concepcion; 708 people have died so far.

A violent earthquake, named 'Megathrust' swept Chile early on Saturday, February 27, killing hundreds of people, destroying parts of southern Chile and triggering tsunami warnings for the entire Pacific basin. The magnitude is bigger than Haiti but the death count is less; nonetheless, there are massive repairs required in buildings and other infrastructures. Children left with no parents or separated from their families will be registered and put into needed care.

The Blue House finally reveals their IT convergence plan that they have been working on for two years, where it shows the roadmap for green growth and related contents that will give a promising future to Korea. The so called 'Lee Myung-bak Administration Two Years Achievement Facts and Figures' deals with a total of 12 key issues involving green growth, future preparation, weathering economic recession, and creating jobs.

Although Applied Materials Inc. is under the suspicion of stealing Samsung Electronics' chip-making technology, Samsung Electronics opens their mouth saying it is hard to not allow AMAT's equipment. Thus, the best option to cope with such a situation would be buying AMAT's equipment via its retail stores. In this way, it will minimize the possibility of Samsung Electronics' technologies from leaking out and allow the company to safely use AMAT's equipment at one fell swoop.

India welcomes Korea's aid in expanding its fixed and wireless Internet broadband networks. Choi See-jung, the head of Korean telecom regulator met with India's telecom secretary, PJ Thomas, in New Delhi on February 19 in Oberoi Hotel.

Both representatives attended a forum under the name of 'Korea-India Convergence of Broadcasting and Communications' where Choi was quoted in the KCC statement as telling Thomas that Korea will provide its WiBro, DMB, IPTV and other technologies to boost India's broadband networks.

International Data Corporation (IDC) recently reported that domestic voice over internet protocol (VoIP) service market, except wholesale, has grown since 2008 to 2009 and is still escalating. More specifically, its revenue has increased from kRW279.1 billion in 2008 to KRW469.3 billion in 2009.

The usual IPTV where people watched in their living rooms have evolved into portable IPTV2.0. The users can use various IP multimedia services that are converged into broadcasting; Electronics and Telecommunications Research Institute (ETRI) made a sensational victory of being certified of their technology as international standard.