News | BusinessKorea

Sunday, February 25, 2018

News

Hyundai Heavy Industries has received an order from Nigeria to deliver 15 units of LPG storage tank, which are similar to cylindrical tanks delivered to Abu Dhabi Gas Industries’ complex in Habshan in May 2011
Getting Order of LPG Storage Tanks
23 February 2018 - 11:15am
Hyundai Heavy Industries Co., the world's largest shipbuilder by sales, succeeded in winning a US$58 million (63 billion won) deal in Nigeria. The company said on Feb. 22 that it has received an...
Hyundai E&C will be responsible for 35 percent of the Tuas Port reclamation project in Singapore worth US$1.1 billion, or US$390 million.
Helpful for Receiving Future Orders
23 February 2018 - 11:15am
Hyundai Engineering & Construction Co., one of South Korea's leading builders, has clinched this year’s first overseas deal in Singapore. The company won a part of the Tuas Port project worth US$...
The National IT Industry Promotion Agency (NIPA) of South Korea is planning to invest up to 28 billion won (US$25 million) in the development of AI doctors for three years.
Korean Version of IBM Watson
23 February 2018 - 10:45am
The South Korean government is planning to support the development of AI doctors to play roles similar to those of the IBM Watson. To this end, the Ministry of Science & ICT and the National IT...
The Special Force VR, which will be launched by KT and Dragonfly, is expected to become the world’s first 5G-based and completely wireless multi-VR game.
‘Special Force VR’
23 February 2018 - 10:45am
KT announced on February 21 that Dragonfly and itself would unveil the Special Force VR at Mobile World Congress (MWC) 2018, which kicks off in Barcelona, Spain on February 26. The Special Force VR...
The Korea Development Bank (KDB), the main creditor of Kumho Tire, unofficially asked the Defense Acquisition Program Administration (DAPA) if it is possible to sell the management of Kumho Tire to a foreign firm.
Fate of Kumho Tire
23 February 2018 - 10:30am
The Korea Development Bank (KDB), the main creditor of Kumho Tire, is seeking to attract outside capital but whether the Ministry of Trade, Industry and Energy (MOTIE) and the Defense Acquisition...
The U.S. asked for stricter standards for imported steel raw materials at the KORUS FTA amendment negotiations as part of its strategy to see whether South Korea serves as a base for transshipment of Chinese low-priced steel products.
To See Origin of Steel Products
23 February 2018 - 10:30am
The United States called for stricter standards for imported steel raw materials at the South Korea-US Free Trade Agreement (FTA) amendment negotiations. It is part of its strategy to see whether...
The proportion of UHD TV sales is expected to reach 99% for the first time in the 60-inch or larger TV market this year.
Full HD TVs Away from Market
23 February 2018 - 10:15am
Full HD TVs which were relegated by ultra high definition (UHD) TVs are expected to disappear from the big TV market this year. The proportion of UHD TV sales is expected to reach 99% for the first...
LG Electronics is planning to unveil its first micro-LED TV in September this year while Samsung Electronics already unveiled its micro-LED TVs.
Micro-LED TVs
23 February 2018 - 10:00am
According to industry sources on February 22, LG Electronics is planning to unveil its first micro-LED TV in September this year. Samsung Electronics already unveiled its micro-LED TVs and the...
Two leading Korean and Chinese IT companies, Samsung Electronics and Tencent, are building an alliance in the sector of artificial intelligence devices in the global market where Apple and Google are taking the initiative.
S. Korea-China IT Alliance
23 February 2018 - 10:00am
Samsung Electronics will invest in artificial intelligence (AI) and games jointly with Tencent, the largest information technology (IT) company in China and the largest online game company in the...
The Indo-Pacific Strategy led by the United States, Australia, Japan and India are emerging against China’s One Belt and One Road Initiative and the Indo-Pacific Strategy.  The Chinese government’s One Belt and One Road Initiative and the Indo-Pacific Str
Accelerating Indo-Pacific Strategy
23 February 2018 - 9:45am
The Indo-Pacific Strategy led by the United States, Australia, Japan and India are emerging against China’s One Belt and One Road Initiative and the Indo-Pacific Strategy. The Chinese government’s...
GM reportedly accepted three principles proposed by the Korean government to normalize the GM Korea.
Negotiations Starting to Set In
23 February 2018 - 9:30am
Negotiations have started between the South Korean government and GM over the future of GM Korea. GM is calling for a debt-equity swap, a paid-in capital increase, and so on while threatening to shut...
Samsung Electronics is highly likely to produce next-generation application processors (APs) including 5G communication chips to be designed by Qualcomm.
Samsung-Qualcomm Alliance
23 February 2018 - 12:45am
Samsung Electronics will produce Qualcomm's fifth-generation mobile communication semiconductors via a seven-nanometer foundry process. According to Samsung Electronics, the company decided to...

Pages

Subscribe to News

Copyright 2013 BusinessKorea Co., Ltd.
301 Samdo Building, 12-1
Yeoido-dong, Yeongdeungpo-gu
Seoul, Korea 150-010
Tel: +82-2-578-3220
Fax: +82-2-578-3224
Email: contact@businesskorea.co.kr

 
 

Web design by: