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Saturday, November 25, 2017

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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...
A 5.4-megnitude earthquake in South Korea triggered no disruption or damage to local semiconductor production lines as well as to the nation’s nuclear power plants including low- to mid-level radioactive waste disposal facilities.
No Damage to Even Sensitive Facilities
15 November 2017 - 10:00pm
The Korea Meteorological Administration (KMA) announced that a 5.4-magnitude earthquake struck at 2:29 pm 9 km north of Buk-gu, Pohang City of North Gyeongsang Province on November 15.  It was...
CI of Dongkuk steel.
Gaining for 10 Consecutive Quarters
15 November 2017 - 12:30pm
Dongkuk Steel Mill Co. posted 72.5 billion won (US$64.94 million) in operating profit in the third quarter in 2017, up 10.2 percent from the same period a year earlier and 33.3 percent from the...
Kolon Group Chairman Lee Woong-yeul was behind the successful development of Invossa.
The Work of Life
15 November 2017 - 12:15pm
Invossa, a novel cell-mediated therapy for degenerative arthritis, or osteoarthritis, of the knee, is running to the last hurdle after 19 years of the investment by Kolon Group chairman Lee Woong-...
Representatives of KEPCO and the Bases Conversion and Development Authority (BCDA) of the Philippines are posing after signing an MOU on the joint development of Clark New City in the Philippines on October 10 (local time).
Power Supply Network for Philippines
15 November 2017 - 12:00pm
The Korea Electric Power Corporation (KEPCO) said on November 14 that the company signed a memorandum of understanding (MOU) on the construction and operation of electric supply network and a smart...
GM decided to produce small-sized SUVs, which had been imported from GM Korea, directly at European plants of Opel.
Crisis of GM Korea
15 November 2017 - 12:00pm
A mounting crisis is facing GM Korea suffering from severely sluggish sales. A possibility of a decline in exports to Europe and sluggish new car sales among others are once again fueling a rumor...
KEPCO NF workers who won the Presidential Award on November 8 are taking commemorative photos.
For 17 Consecutive Years
15 November 2017 - 11:30am
KEPCO Nuclear Fuel(KEPCO NF)announced that the company was selected as a company with strong quality competitiveness at the 43rd National Quality Management Contest held recently.  As a result, KEPCO...
New York State Department of Financial Services (DFS) is planning to order NH Nonghyup Bank and its New York branch to strengthen compliance with the requirement of anti money-laundering.
Requiring Anti Money-Laundering
15 November 2017 - 11:30am
The New York State Department of Financial Services (DFS) will impose a huge fine on South Korean banks that have branches in New York.  According to investment banking industry sources on November...
Hyundai Motor Group Vice Chairman Chung Eui-sun (left) met with U.S. President Donald Trump in Seoul on November 7 during his state visit to South Korea.
Turing the Tide?
15 November 2017 - 11:15am
Hyundai Motor Group Vice Chairman Chung Eui-sun flew to the United States and Mexico on November 8 after his meeting with U.S. President Donald Trump on November 7. The vice chairman returned on...

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