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Monday, February 26, 2018

Industry

The US Department of Commerce is going to release a report within a few days to urge the U.S. government to restrict steel products imported from South Korea.
Adopting Section 232 of Trade Act?
11 January 2018 - 11:45am
The United States Department of Commerce is going to release a report within a few days to urge the U.S. government to restrict the import of oil country tubular goods (OCTG) and welded line pipes (...
A representative of Samsung SDS is introducing 'NEXShop,' a retail solution that the company is co-marketing with Harman during the Harman Showcase at the CES 2018 in Las Vegas of the US.
Retail Solution for Future Cars
10 January 2018 - 11:00am
Samsung SDS announced on January 9 that it will jointly market its retail solution 'Nexshop' with Harman for the automobile industry. NexShop is a solution to support differentiated marketing by...
Hyundai Motor Company named its latest next-generation fuel cell electric vehicle (FCEV) NEXO on January 8 (local time), the day before the opening of Consumer Electronics Show (CES) 2018 in Las Vegas.(photo courtecy: Hyundai Motor)
Named in CES Show
10 January 2018 - 10:45am
On January 8 (local time), the day before the opening of Consumer Electronics Show (CES) 2018 in Las Vegas, Hyundai Motor Company named its latest next-generation fuel cell electric vehicle (FCEV)...
Daewoo E&C received an LOA for multi-purpose construction (Phase 2) for the Hallure River in the Philippines.
Amid Bidding Process
10 January 2018 - 10:30am
Daewoo Engineering & Construction (Daewoo E&C) said on August 9 that the builder received an LOA for multi-purpose construction (Phase 2) for the Hallure River in the Philippines. The order...
South Korea made the biggest growth against China and Japan in the amount of new orders in 2017.
Highest Growth among Global Players
10 January 2018 - 10:15am
The amount of new orders received by South Korean shipyards stood at 6.45 compensated gross tonnage (CGT) last year, up 198.6 percent from a year ago. South Korea made the biggest growth against...
LG House Hold & Health’s royal-themed cosmetics brand ‘Whoo’, which was released in 2003, have recorded an annual sales growth of nearly 40 percent from 2004.
Annual 40% Growth on Average
9 January 2018 - 10:30am
LG Household & Health Care Ltd. announced on January 8 that its royal-themed cosmetics brand ‘Whoo’ surpassed 1.4 trillion won (US$1.31 billion) in sales last year. Its fermented cosmetics brand...
The Wall TV of Samsung Electronics unveiled on January 7
World’s First Micro-LED TV
9 January 2018 - 10:15am
Samsung Electronics held Samsung First Look 2018 in Las Vegas on January 7 (local time) and unveiled The Wall TV, a 146-inch modular TV incorporating micro-LEDs, in front of more than 300 reporters....
LS Cable & System CEO Myung No-hyun (second from left) is giving instructions while checking a plant in Donghae that he visited last January as part of the opening ceremony.
Different Strategy by Region
9 January 2018 - 10:00am
According to industry sources on January 8, LS Cable & System (LS C&S) in a slump for a long time in recent years made an impressive turnaround with sales of an estimated 3.5 trillion won or...
The Hyundai Motor Group will set up five open innovation centers in the strategic regions.
Open Innovation Center
9 January 2018 - 9:45am
The Hyundai Motor Group will set up an open innovation center in Beijing, China and Berlin, Germany within year. Including those in Korea, Silicon Valley in the United States and Tel Aviv in Israel,...
65-inch UHD rollable display of LG Display to be unveiled at CES 2018.
World’s Largest Rollable Panel
8 January 2018 - 12:15pm
LG Display announced on January 7 that it unveils the world’s first 65-inch UHD rollable display at CES 2018, scheduled for January 9 to 12, and the screen size and ratio of the display can be...
The Indian government imposed higher anti-dumping duties on Korean toluene diisocyanate (TDI) than those from China and Japan.
Punching Bag of Protectionist Trade Policy
8 January 2018 - 12:00pm
Last month, the Indian government imposed anti-dumping duties on toluene diisocyanate (TDI) South Korean companies produced and exported to India. The duties are US$220, US$310 and US$440 per ton for...
The. Korea Development Bank (KDB) is taking a strong measure of drawing the Maginot line of the price for sale of Dawoo Engineering and Construction.
Drawing Maginot Line
8 January 2018 - 11:15am
As the sale of Daewoo Engineering & Construction Co. has been struggling due to a fall in share prices, the Korea Development Bank (KDB) will hold an urgent meeting to set the lower limit on the...

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