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Saturday, November 18, 2017


Commercializing Connected Car
16 November 2017 - 12:00pm
KT announced on November 15 that it formed a consortium with E1, Lotte Card, BC Card and Smartro, and they signed a memorandum of understanding (MOU) for cooperation in the connected car commerce...
Seoul Semiconductor’s Acrich based MicroDriver.
Fascinating LED Designers
16 November 2017 - 11:45am
Seoul Semiconductor, South Korea’s first light-emitting diode (LED) producer, announced on November 15 that it has released an ultra-compact LED driver series that combine conventional LED drivers...
Hyundai Merchant Marine (HMM) will order 20 large-sized container ships starting early next year, which is expected to place the Korean container carrier in the sixth place in the world.
Aiming at Global Top Ten
16 November 2017 - 11:30am
Hyundai Merchant Marine (HMM) aims to become a top 10 global shipping company by ordering 20 super large containerships. HMM is expected to have a capacity of 800,000 TEUs and rank sixth in the world...
Shutdown of Gumi P4 Plant
16 November 2017 - 11:00am
LG Display has shut down its Gumi P4 plant that produces liquid-crystal displays (LCDs). This came after LG Display Vice Chairman Han Sang-beom announced in July to close its P2, P3 and P4 lines in...
The KOSPI-listed companies’ ratio of operating profit and net profit to the net sales and debt to equity ratio improved for three quarters in a row.
Well Performing
16 November 2017 - 11:00am
South Korea's KOSPI-listed companies enjoyed a record-breaking performance in the third quarter for three quarters in a row. As their ratio of operating profit and net profit to the net sales and...
In the first quarter of this year, South Korea’s exports increased by 14.7% from a year ago.
Led by Semiconductors
16 November 2017 - 10:45am
The Ministry of Trade, Industry & Energy announced on November 15 that South Korea’s exports for the first nine months of this year totaled US$430.19 billion, up 18.5% from a year ago, and that...
Japan’s investment in South Korea for the third quarter of this year is a 57-month high since the amount of US$1.24 billion recorded in the fourth quarter of 2012.
Investment Increasing 347%
16 November 2017 - 10:30am
The Ministry of Trade, Industry & Energy of Korea announced on November 14 that Japan’s total investment in South Korea increased by 347% from a year earlier and reached US$867 million in the...
The conclusion of TPP may become a bad factor to Korean companies that compete fiercely with Japanese companies in Latin America and Southeast Asia, including Mexico and Vietnam.
TPP Agreement Concluded
16 November 2017 - 10:15am
Korean automakers are paying a lot of attention to the conclusion of the Japan-led Trans-Pacific Partnership (TPP) devoid of the United States.  Although there will be no big immediate impact from...
Market watchers say Samsung Electronics is changing its strategy that focuses mainly on profitability to that expands a memory market share through the so-called “chicken game.”
Concerns on Oversupply
16 November 2017 - 10:00am
Samsung Electronics’ investments in semiconductor facilities this year are larger than that of the world’s largest system semiconductor producer and the world’s biggest foundry chipmaker TSMC...
Korean lawmakers are proposing bills to incorporate value added common carriers into the Telecommunications Business Act.
Integrated Regulations Needed
16 November 2017 - 9:30am
According to current laws, Internet companies in South Korea are classified as value added common carriers doing business by borrowing telecommunication line facilities from common carriers and...
The amount paid to the board members of Samsung Electronics increased 2.66 times in a year.
2.7X Increased
16 November 2017 - 3:00am
Four board members of Samsung Electronics including vice chairman Lee Jae-yong received totally 27.15 billion won (US$24.4 million), equivalent to approximately 6.8 billion won (US$6.1 million) per...
The U.S. International Trade Commission (ITC) said that the South Korean chipmaker's server memory products did not violate section 337 of the Tariff Act of the US.
Preliminary Decision
16 November 2017 - 1:45am
The U.S. International Trade Commission (ITC) decided preliminarily to dismiss the allegation that Korea’s second largest chip manufacturer SK Hynix violated patents of US-based server memory maker...


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