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Stories from Staff

Investment Guide
Tuesday, December 22nd, 2009

Registration of Changes in the Foreign-Invested Company

Foreign investors (or their agents) or a foreign-invested company shall register any changes in the foreign-invested company at the entrustment institution within 30 days from the occurrence of the change as follows.

Investment Guide
Wednesday, November 4th, 2009

The third installment in a seven-part series

 

Series Schedule

1. FDI System in Korea

1-1 Foreign Direct Investment

1-2 Foreign Investment Promotion Act

1-3 Foreign Investment Promotion and Control

2. FDI Procedures

3. Corporation Establishment

4. FDI Incentive

5. FDI Related Law

 

1. FDI System in Korea

Korean Electronics CEOs Pledge More Investment
Wednesday, October 14th, 2009

CEOs of Korea's leading electronics giants are dedicated to making more investment. They were unanimous in reiterating the importance of investment when they met at the Korea Electronics Grand Fair 2009, which opened at KINTEX in Ilsan, Gyeonggi Province on Oct. 13.

G-Fair 2009 Opens Sept. 24
Tuesday, September 22nd, 2009
"G-Fair 2009," a trade show of outstanding goods produced by small and medium-sized enterprises (SMEs), will be held at the KINTEX exhibition center in Goyang, Gyeonggi Province for three days from Sept. 24.

The show will be organized by the Gyeonggi provincial government under the joint sponsorship of the Gyeonggi Small & Medium Business Center (GSBC) and the Small & Medium Business Centers Association of Korea (SMBCA).

Gov't to Build Intelligent SOC from 2010
Monday, September 21st, 2009

In 2010 the government will launch a project to build an intelligent infrastructure in which 18 major social overhead capital resources, such as transportation, logistics, electric power, and energy, will be combined with information technology.

Lenovo Releases 4-Fingered Touch-Screen Notebook
Friday, September 18th, 2009

Lenovo has released the ThinkPad T400s, a four-fingered touch-screen notebook computer. Two-fingered touch-screen notebooks have been developed before, but this was the first time a notebook maker has produced a four-fingered touch-screen notebook.

LG Electronics to Release Supermini-Size Desktop 'XPION X30'
Thursday, September 17th, 2009

LG Electronics will release the XPION MINI X30, a super-mini-size desktop computer with graphics functions, on Sept. 18.

The new LG desktop computer can stand anywhere, as it is about half the size of a sheet of A4 paper and weighs only 1.1kg. It is also compatible with a Vesa monitor mount.

3 Major IT Items Likely to Keep Dominating Global Market
Thursday, September 17th, 2009

The outcome of an analysis shows that Korea's three major IT export items - semiconductors, LCDs and mobile phones - will keep dominating the global market for at least six months. This analysis was released on Sept. 16 as the result of a survey of 92 economic analysts by the Federation of Korean Industries, an association of large conglomerates.

Samsung Opens App Store in Europe
Tuesday, September 15th, 2009

Samsung Electronics has launched services of a Samsung Application Store, an online marketplace where applications for mobile phones can be transacted.

Samsung on Sept. 14 said it has officially opened its Samsung Application Store in the UK, France and Italy.

KRISS Develops High-Performance Standard Signal Generator
Friday, September 11th, 2009

The Korea Research Institute of Standards and Science (KRISS) on Sept. 10 said its nano proton research team has succeeded in developing a standard signal generating device. According to the KRISS, the new device can generate over 100 times more accurate signals than the existing generators at low voltage of 100 mV.

Korean Wave of e-Government in Vietnam
Friday, September 11th, 2009

Korea and Vietnam have discussed ways to cooperate in the IT sector, Korea's e-government technology in particular.

As part of such bilateral cooperation, a total of 13 senior Vietnamese government officials, including Nguyen Huu Vu, vice minister at the Prime Minister's Office of Vietnam, arrived in Korea on Sept. 8.

Remote Villages to Have ‘Superspeed' Web Network
Friday, September 11th, 2009

The government plans to implement a project to lay a broadband convergence network (BcN) with a budget of W250 billion (US$204.4 million) by 2014, so that even remote farming and fishing villages can have access to superspeed combined Internet services, including IPTV and VoIP.

Investment Guide
Wednesday, September 9th, 2009

The first installment in a seven-part Investment Guide

A Series Schedule
1. FDI System in Korea
1-1 Foreign Direct Investment
1-2 Foreign Investment Promotion Act
1-3 Foreign Investment Promotion and Control
2. FDI Procedures
3. Corporation Establishment
4. FDI Incentive
5. FDI Related Law

SME-oriented Fair in September - G-Fair 2009
Monday, September 7th, 2009

G-Fair 2009, the nation's biggest trade fair for small and medium-sized enterprises (SMEs), will be held at the Korea International Exhibition Center (KINTEX) in Goyang City, Gyeonggi Province for three days from Sept. 24.

5-Point Strategy for IT Development Unveiled
Monday, September 7th, 2009

"It's important for enterprises to make a preemptive investment, while it's also important to be prudent in a crisis," said President Lee Myung-bak. He particularly reiterated the importance of expanding civilian investment in the IT industry.

SNU Professor Develops Nanopore Ion Transistor
Thursday, August 27th, 2009

Prof. Kim Ki-bum of Seoul National University on Aug. 26 said his research team had developed a "nanopore ion transistor," which can be used for interpreting DNA sequencing results and controling biomolecules.

Korean Launch Fails to Put Science Satellite into Orbit
Tuesday, August 25th, 2009

Korea launched its first space launch vehicle (KSLV- I), or Naro, from the Naro Space Center in Goheung, South Jeolla Province at 5 pm on Aug. 25 after seven delays. But it failed to put the Science and Technology Satellite-2 into the targeted orbit.

LG Electronics Demonstrates Successful LTE-CDMA Handover
Tuesday, August 25th, 2009

LG Electronics has demonstrated a successful LTE-CDMA handover for handsets for the first time. The demonstration was held at the Nortel R&D Center in Ottawa, Canada last week.

LG Electronics displayed uninterrupted data transmission technologies, including video downloading, web surfing, and Voice over Internet Protocol (VoIP), using a handset it has developed.

Culture Technology Festival to Be Held at COEX
Tuesday, August 25th, 2009

A culture technology festival will be held to help visitors have hands-on experience in the latest cultural technologies, including digital technology, computer graphics, virtual reality, and games.

The festival will be held at the COEX Convention and Exhibition Center in Seoul from Sept. 8 to 12 under the sponsorship of the Ministry of Culture, Sports and Tourism.

KT to Release iSatphone in Early 2010
Monday, August 24th, 2009

KT on Sunday said it will release an iSatphone during the first half of 2010. The iSatphone is an Inmarsat-based satellite mobile phone through which users can use mobile services anywhere in the world, be it on the ground or at sea.