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Sunday, February 25, 2018


Samsung Electronics’ 256GB eUFS chip has a heat resistance range of 40 degrees Celsius below zero to 105 degrees Celsius above zero.
Semiconductors Resistant to Heat
9 February 2018 - 11:15am
On February 8, Samsung Electronics unveiled the world’s first 256 GB embedded Universal Flash Storage (eUFS) for use in vehicles. eUFS memory chips for use in cars are incorporated into the advanced...
Samsung Engineering received a letter of acceptance on an US$3.1billion crude flexibility project from ADNOC Refining Corp., a government-run refining company of the UAE.
Result from Collaboration
9 February 2018 - 11:15am
Samsung Engineering succeeded in winning a contract worth US$3.1 billion for oil refinery plant construction from the United Arab Emirates (UAE) with Dutch builder CB&I. Of the total order amount...
Samsung Heavy Industries received an order to build eight 12,000-TEU container ships of from an Asian shipowner.
Good Starting
9 February 2018 - 11:00am
Samsung Heavy Industries received an order to build eight 12,000-TEU container ships of from an Asian shipowner.   Samsung Heavy Industries announced on February 8 that the company received an order...
SK E&C won an US$737 million worth investment project to build roads in Kazakhstan together with Korea Highway Corporation.
First Deal in CIS Market
9 February 2018 - 10:45am
SK E&C together with Korea Highway Corporation landed an US$737 million worth investment project to build roads in Kazakhstan. SK Construction announced that the company signed a project...
Hoban Construction decided to put a halt to acquisition work of Daewoo E&C on February 8.
Miscarriage of Daewoo E&C Sales
9 February 2018 - 10:15am
Hoban Construction gave up taking over Daewoo E&C on February 7 in only nine days since Hoban Construction was selected as the preferred bidder of Daewoo E&C. "Rumors about political...
A former foreign company CEO is expected to be appointed as a non-executive director at the first shareholders’ meeting of Samsung Electronics after the release of Samsung Electronics Vice Chairman Lee.
For Improving Governance Structure
9 February 2018 - 10:15am
According to industry sources on February 8, Samsung Electronics is planning to hold a general meeting of shareholders on March 23 to appoint new directors, including at least one non-executive and...
Samsung Electronics is pushing for Speedy Management such as Opening E-commerce center in India and Investing in Venture Start-Up in the US.
Changing Business Structure
9 February 2018 - 10:00am
Samsung Electronics is making an aggressive investment for new growth engine business items after semiconductors. As Lee Jae-yong, vice chairman of Samsung Electronics, was released on probation, it...
GM will prepare most of the money for its capital increase through a debt-equity swap of GM Korea’s borrowings from the HQ, which would bring Korea Development Bank (KDB) to the only bearer of the burden.
GM’s Exit Strategy?
9 February 2018 - 10:00am
According to industry sources on February 8, GM recently told the South Korean government and Korea Development Bank (KDB) that it would increase its capital. Specifically, GM’s target is at least 4...
Local semiconductor and display large businesses pledged to make a large-scale investment worth more than 80 trillion won (US$73.33 billion).
Keeping the Top Position
9 February 2018 - 9:00am
South Korean Minister of Trade, Industry & Energy Baek Woon-kyu announced a semiconductor and display industry development strategy at the Seoul Plaza Hotel in Sogong-no on Feb. 8. The ministry...
GS Caltex decided to build an olefin production facility capable of producing 700,000 tons of ethylene per year and 500,000 tons of polyethylene annually.
Massive Investment in olefin
8 February 2018 - 10:45am
GS Caltex will make a massive investment to build a two-trillion-won (US$1.8 billion) petrochemical facility at Yeosu Plant in South Jeolla Province, South Korea. This investment aims to produce...
The Korean government aims to boost the domestic robot market from 4.5 trillion won (US$4.14 billion) in 2016 to 6.7 trillion won (US$6.15 billion) by 2022
Expanding Local Robot Market
8 February 2018 - 10:45am
The South Korean government has decided to expand the production scale in the domestic robot industry to 6.7 trillion won (US$6.15 billion) by 2022 and increase the number of small and mid-size robot...
Korea Western Power (Kowepo) built its Monitoring & Prognostic (M&P) Center to control its every power generation facility by using the intelligent Predictive Analysis System Universal (iPAS Universal) developed jointly with its partner firms.
Intelligent Monitoring System Set Up
8 February 2018 - 10:30am
Korea Western Power (Kowepo) built its Monitoring & Prognostic (M&P) Center in its headquarters located in Taean, South Chungcheong Province and held an opening ceremony on February 7. The...


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