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Wednesday, October 18, 2017

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Google and domestic credit card firms have discussed the launch of Android Pay in South Korea from the end of last year but failed to agree on sharing investment costs.
Hurdle to Debut
9 October 2017 - 3:45pm
Google’s Android Pay debut in South Korea will be delayed to next year due to difficulties in negotiation with local credit card issuers. The simple payment system was expected to be launched in the...
The NAND flash market has been shifting rapidly toward TLC NAND flashes this year.
Evolution of NAND Flash
9 October 2017 - 3:45pm
The NAND flash market is evolving rapidly. As triple level cell (TLC) NAND flashes have established itself as the mainstream in the market, it is expected that the next generation of quad level cell...
Kim Hyung-jung (center), head of Hyundai Motor Company Europe, posed with Korean Ambassador to the Netherlands Lee Yoon-young (left) and Amsterdam alderman Pieter Litjens after the Ioniq Car Sharing Service Launching Ceremony in Amsterdam.
Exit from Slow Sales?
9 October 2017 - 3:45pm
Hyundai Motor Company announced on October 8 that it held the Amsterdam Ioniq Car Sharing Service Launching Ceremony on October 5 (local time) at the National Museum of Amsterdam. 100 Ioniq Electrics...
The number of outbound local tourists almost doubled that of the foreign inbound travelers to Korea.
Travel Account Deficit
9 October 2017 - 3:30pm
The Korea Tourism Organization (KTO) announced on October 8 that a total of 8,864,182 foreigners visited South Korea for the first eight months of this year, down 22.8% from a year ago, whereas 17,...
The overseas spending in the first half of this year swelled 9.9% from the previous year while the spending in the second half of last year gained by 7.3% year on year.
Spending in Overseas
9 October 2017 - 3:30pm
It has been found that in the past one year, Koreans spent more than 30 trillion won (US$27 billion) in foreign countries. According to Korean households’ final consumer spending statistics in the...
KOSPI rose 17.1% from the beginning of this year to September 27, showing the fifth-highest rate of increase among the stock markets of G20 countries.
Growth of Stock Market
9 October 2017 - 3:30pm
The Korea Exchange announced on October 8 that KOSPI rose 17.1% from the beginning of this year to September 27, showing the fifth-highest rate of increase among the stock markets of G20 countries....
Officials from South Korea and the US are discussing pending FTA issues in the second special session of the Korea-US Joint FTA in the USTR Office in Washington D.C. in the morning of October 4 (local time).
Korea-US FTA
9 October 2017 - 3:15pm
Korea's trade negotiator Kim Hyun-jong is discussing pending FTA issues in the second special session of the Korea-US Joint FTA Committee with the participation of officials from both sides including...
The heads of Google and Facebook have been chosen as a witness for the National Assembly's audit this year.
Correction of Reverse Discrimination?
9 October 2017 - 2:00pm
The heads of Google and Facebook have been chosen as a witness for the National Assembly's audit this year which will begin right after the Chuseok holidays, attracting public attention. They are...
Korean conglomerates are trying to transform into a holding firm structure
Transitions into Holding Companies
9 October 2017 - 2:00pm
As Korean conglomerates are transforming into holding firms, methods to dispose of equities in financing subsidiaries are emerging as a key to the success of their transitions into holding companies...
Samsung Electronics and LG Electronics are expected to emphasize that if the safeguard is sparked off, consumers will have limited choice and that product prices will rise.
Korean Washing Machines
9 October 2017 - 1:45pm
There is growing interest in how much damage will be done to Samsung Electronics and LG Electronics by the US International Trade Commission (ITC)'s judgment that Korean washing machines were causing...
A handset presumed ZTE foldable smartphone Axon M (a capture of a Android Authority website).
Foldable Phone Competition
5 October 2017 - 12:45pm
ZTE, a Chinese smartphone maker, is expected to release a foldable smartphone in advance of Samsung Electronics. According to market research firm Strategy Analytics (SA) on October 2, it is expected...
Chinese display makers started to go ahead of Korean companies in the large LCD market share.
Large LCD Market
5 October 2017 - 12:45pm
Chinese display makers started to go ahead of Korean companies in the large LCD market share with China's No. 1 displayer maker BOE taking the lead. China is heralding a clear sign to catch up with...

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