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Friday, January 19, 2018

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Samsung Electronics Co. has been excluded from the MSCI KOREA ESG Leaders Index of Morgan Stanley Capital International (MSCI).
Due to Absence of Head
10 January 2018 - 9:45am
Samsung Electronics Co. has been excluded from the MSCI KOREA ESG Leaders Index of Morgan Stanley Capital International (MSCI), the world's largest index firm. The MSCI removed the company from the...
CoinMarketCap, excluded some Korean exchanges in price calculations due to the extreme divergence in prices from the rest of the world and limited arbitrage opportunity on January 8 (local time),
Excluded from Global Price Calculation
10 January 2018 - 9:30am
The value of global cryptocurrencies plummeted after an influential index excluded South Korean exchanges from its data of price average calculations. It showed that every digital currency is priced...
Khaldoon Khalifa Al Mubarak, Chairman of the Abu Dhabi Executive Affairs Authority, visited South Korea as a special envoy and met with Chief Presidential Secretary Lim Jong-seok.
Conflicts Solved?
10 January 2018 - 9:30am
Chief Presidential Secretary Lim Jong-seok and Khaldoon Khalifa Al Mubarak, Chairman of the Abu Dhabi Executive Affairs Authority, met with each other in Seoul on January 9.  According to them, South...
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...
There is a growing move also in Korea to file lawsuits in connection with security flaws in Intel’s central processing units (CPUs).
Class Action Against Intel
9 January 2018 - 9:45am
There is a growing move to file lawsuits in connection with security flaws in Intel’s central processing units (CPUs) including law firm Damwoo’s preparation for a class action lawsuit. According to...
Dr. Um Tae-jong, the newly appointed head of the Korean arm of State Street Global Advisors.
Business Development
8 January 2018 - 6:30pm
State Street Global Advisors, the asset management arm of State Street Corporation, announced today the appointment of Um Tae-jong as head of Korea. In this newly created role, Dr. Um will lead SSGA’...
South Korean Director General for KORUS FTA Negotiations Yoo Myung-hee arrived at the Washington Dulles International Airport on January 4 (local time).
Negotiations Kicked Off
9 January 2018 - 9:45am
The Ministry of Trade, Industry & Energy announced that the first round of negotiation for KORUS FTA revision took place for hours on January 5 at the Office of the United States Trade...
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,...
Investors are flocking into small and mid-size cryptocurrency exchanges that are in legal limbo, getting around the regulations.
Unable to Control Speculation
9 January 2018 - 9:30am
The South Korean government is making an effort to clamp down on cryptocurrency speculation but investors are flocking into small and mid-size cryptocurrency exchanges that are in legal limbo,...
LG Electronics will jointly develop next-generation ADAS integrated solutions with US-based NXP and Germany-based HELLA Aglaia.
Joint Development of Solutions
8 January 2018 - 12:30pm
LG Electronics announced on January 7 that the company signed a partnership agreement to jointly develop next-generation ADAS integrated solutions with NXP, the world's No. 1 automotive semiconductor...

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