Insight | BusinessKorea

Monday, January 22, 2018


GM Korea’s new CEO Kaher Kazem officially denied the recent tumors that the company will pull out from the South Korean market on September 6. (photo courtesy: GM Korea)
Focusing on Sustainable Restructuring
29 September 2017 - 11:45am
“With the start of my work, I will strive to secure competitiveness and a sustainable future for the company and utilize our strengths,” said Kaher Kazem, GM Korea's new president and CEO while...
The Bitcoin trading volume of Korea stood third in the world.
Regulations Needed
25 September 2017 - 7:45pm
It has been found that the Bitcoin trading volume of Korea stood third in the world. According to Bitcoin-specialized media CryptoCoinsNews and Coin Telegraph on September 24, the daily Bitcoin...
Barakah nuclear power plant in UAE. (photo courtesy: IAEA)
For Whom The Bell Tolls?
25 September 2017 - 3:45pm
According to a report by Reuters on September 14, Saudi Arabia will begin to place an order to build two 2.8GW nuclear power plants totaling 2.8GW of capacity next month. The kingdom will break...
South Korean companies such as Hyundai Motor Company, SK Telecom, KT and Naver are focusing on individual R&D activities rather than collaboration. (photo courtesy: Hyundai Motor)
Need to Create Synergy
25 September 2017 - 12:15pm
According to German market research firm Statista, the size of the South Korean connected car market for this year is estimated at US$249.5 million whereas those of the United States, China, Germany...
It is said that the deal may be opposed by SK Hynix’s board of directors, unless the acquisition deal of Toshiba semiconductor unit benefits SK Hynix.
Changing Semiconductor Game?
23 September 2017 - 9:15am
The so—called Korea-US-Japan Alliance which includes SK Hynix was selected as the winner to take over Toshiba's semiconductor business after a long melee. As the future of the world's second-largest...
A large number of ordinary wage suits are likely to follow in many other companies in various industries as the court the case of Kia Motors favorably to the labor union. (photo courtesy: Yonhap)
Industry Put In Crisis
22 September 2017 - 9:45am
The Seoul Central District Court ruled on September 1 that the regular bonuses and lunch expenses paid to Kia Motors workers should be regarded as constituting their ordinary wages. Under the...
Samsung Electronics has held the QLED & HDR10 Summit, which exchanges quantum dot TV technologies, starting with China in April this year. (photo courtesy: Samsung Electronics)
Samsung QLED vs LG OLED
20 September 2017 - 11:15am
Samsung Electronics and LG Electronics, which dominate the global TV market as the number one and number two players, are having fiercer competition over leadership in next-generation TVs. Samsung...
The excessive dependence on China boomeranged against South Korean companies when the THAAD Incident broke out.
Exodus from China
20 September 2017 - 11:00am
South Korean companies are withdrawing from China once regarded as the second domestic market in droves. Since the 2000s, South Korean companies have made inroads into China with a huge domestic...
LG Electronics models introduce products based on artificial intelligence technology such as smartphones, air conditioners and air purifiers at the LG Electronics booth of the IFA 2017. (photo courtesy: LG Electronics)
Team Up in AI Sector
15 September 2017 - 8:45pm
At the end of August this year, Amazon and Microsoft entered into alliance to surprise the world information technology (IT) industry. They announced a plan to link Amazon's speech recognition-based...
Semiconductors accounted for 16 percent of the country’s total exports. (photo courtesy: Samsung Electronics)
Too Much Inclined
14 September 2017 - 1:15pm
According to a report “Mythology of Semiconductor Exports and Cross-national Comparison of Export Competitiveness” released by the Korea International Trade Association (KITA) on September 13,...
The Korean government is to nurture the seaweed industry to become the nation’s future growth engine, like semiconductors.
Targeting $1 billion Export
14 September 2017 - 1:45am
The Korean government announced, on September 12, the strategy to develop the seaweed industry.  Forming a “Plan for US$1 Billion Export by 2024,” the government is to nurture the industry to become...
Creditors of Kumho Tire rejected the self-rescue plan submitted by Kumho Asiana Group chairman Park Sam-koo on September 12. (photo courtesy: Jisikbaekwa)
Vain Attempt for Long Time
13 September 2017 - 5:15pm
Amid the trouble with Kumho trademark between creditors and chairman Park Sam-koo, Kumho Tire's preferred bidder Doublestar sent an agreement for the cancellation of a stock purchase agreement (SPA)...


Subscribe to Insight

Copyright 2013 BusinessKorea Co., Ltd.
301 Samdo Building, 12-1
Yeoido-dong, Yeongdeungpo-gu
Seoul, Korea 150-010
Tel: +82-2-578-3220
Fax: +82-2-578-3224


Web design by: