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Tuesday, December 12, 2017

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Samsung Electronics R&D Campus in Seoul, South Korea.
R&D Investment
12 December 2017 - 11:00am
Samsung Electronics joined the group of the top 5 firms in terms of research and development (R&D) in the world for six consecutive years. But its ranking went down by two notches from the...
Innocean’s acquisition of D&G will not only boost its sales but also expand its global markets.
For Global Sales Expansion
12 December 2017 - 10:45am
Innocean, an affiliate advertising agency of Hyundai Motor Group, is seeking to acquire David & Goliath (D&G), a LA-based advertising agency responsible for Kia Motors America. According to...
An aerial view of Samsung Electronics’ home appliances manufacturing plant which is currently under construction in Newberry, South Carolina, in the US.
New Investment Before Safeguard Decision
12 December 2017 - 10:45am
Sputh Korean electronic giant Samsung Electronics Co. has signed a research and development (R&D) partnership with the two largest universities in the state of South Carolina in where the company...
The global demand for AMOLED displays for smartphones is forecast to increase next year and new demands are expected to be created with regard to smart watches, tablet PCs, automobiles, etc.
Increasing Demand for AMOLED
12 December 2017 - 10:30am
According to industry sources, the total shipments of the global AMOLED display market are expected to increase from 422 million units to 1,536.6 million units between 2016 and 2022. Specifically,...
Korea Native Chicken Association Chairman Moon Jung-jin urged the Ministry of Trade, Industry & Energy to repeal the KORUS FTA on December 10.
Hot Potato in KORUS FTA
12 December 2017 - 10:15am
South Korea’s agricultural and livestock imports from the United States have increased all the way since the implementation of the Korea-US free trade agreement (KORUS FTA) in March 2012. Under the...
Mirae Asset plans to set up an innovation platform in where creative talents and innovative companies coexist in Pangyo, south of Seoul.
Platform for Innovation
12 December 2017 - 10:00am
Mirae Asset will create 1.8 trillion won (US$1.65 billion) of funds and invest in the project to develop a mega fourth Industrial platform-based complex in Pangyo, south of Seoul.   Mirae Asset...
South Korean Deputy Prime Minister Kim Dong-yeon (fifth from the left in the front row) and economic ministers visited the Second Pangyo Techno Valley on December 11.
Korean Version of Silicon Valley
12 December 2017 - 10:00am
The South Korean government announced its plan for the promotion of the Second Pangyo Techno Valley on December 11. According to the plan, the place is going to be home to the world’s best ecosystem...
South Korean shipbuilders are failing to distinguish themselves in the global cruise ship market.
Need for Attention to Leisure Ships
12 December 2017 - 9:45am
According to the Korea Trade-Investment Promotion Agency (KOTRA), 56 contracts were signed for new cruise ships and ferries around the world last year whereas the average had been 43 for the period...
Charging technology affects the formation of the electric car market as much as electric car technology itself.
Core for Competitive Edge
12 December 2017 - 9:30am
It is pointed out that Korea has to become more active about the development of electric car charging technology in order to preempt the future electric car market amid fierce competition for...
Financial Services Commission (FSC) Chairman Choi Jong-ku stressed that the FSC will never approve exchanges of crytocurrencies nor introduce futures trading of them in a luncheon meeting with reporters in Seoul on Dec. 11.
Confirming Conservative Stance
12 December 2017 - 9:15am
“I don't see bitcoin transactions as financial deals," Financial Services Commission (FSC) Chairman Choi Jong-ku said in a luncheon meeting with reporters in Gwanghwamun, Seoul, on December 11. "When...
Conceptual diagram of a full cell magnesium ion battery using a magnesium tin negative electrode material (left) and initial charging and discharging performance of the magnesium ion battery at a normal temperature (right). (photo courtesy:CNU)
Much Cheaper and Easier Battery
11 December 2017 - 12:15pm
The National Research Foundation of Korea announced on December 10 that Chungnam National University professor Song Seung-wan and his research team developed a novel negative electrode material that...
Yeouido Marriott Hotel’s World Food Trip Package. (photo courtesy: Yeouido Marriott Hotel)
World Food Trip Package
11 December 2017 - 12:15pm
Chung Jung One of Daesang Corp. will present the third collaboration 'World Food Trip' package with Yeouido Marriott Hotel. The hotel will present the 'World Food Trip' package which will provide...

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