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Thursday, April 27, 2017

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POSCO Gwangyang Steelworks has completed an automotive steel sheet production facility dedicated to giga steel for the first time in the world.
World’s First Giga Steel
27 April 2017 - 7:00pm
POSCO Gwangyang Steelworks has completed an automotive steel sheet production facility dedicated to giga steel for the first time in the world. The steelworks achieved such outcome in 30 years after...
Korean IoT-based smart home model will be created.
IoT-based Home Appliance
27 April 2017 - 7:00pm
Home appliance producers, mobile carriers, semiconductor, sensor and software developers and service providers have joined hands to create the Internet of Things (IoT) home appliance and smart home...
KAERI’s plate-type U-Mo nuclear fuel assembly mounted in the ATR research reactor of the Idaho National Laboratory in the U.S. goes through a performance test.
U-Mo Mnuclear Fuel
27 April 2017 - 6:30pm
The world’s first plate-type uranium-molybdenum (U-Mo) nuclear fuel assembly developed by South Korean researchers successfully completed an international performance test. The Korea Atomic Energy...
The cash and cash equivalents of the KOSPI-listed subsidiaries of the four largest business groups in South Korea have been increasing.
Cash Reserved
27 April 2017 - 6:30pm
The Financial Supervisory Service announced on April 26 that the cash and cash equivalents of the KOSPI-listed subsidiaries of the four largest business groups in South Korea increased from 143.1180...
China has started production of the 6th-generation flexible OLED.
China’s Chasing
27 April 2017 - 6:30pm
China has started the chase of South Korea to dominate the organic light-emitting diode (OLED) market. China’s Tianma has started production of the 6th-generation flexible OLED, which is used in...
SK Hynix will spin off its foundry business unit including its M8 Plant located in Cheongju, South Korea.
SK’s Foundry Business
27 April 2017 - 4:30pm
It has been found that SK Hynix is planning to spin off its foundry business unit including its M8 Plant located in Cheongju, South Korea. Detailed plans are likely to become available before the end...
Lotte Group will conduct equity spin-off in order to divide its four major subsidiaries.
Holding Company
27 April 2017 - 4:30pm
The Lotte Group announced on April 26 that it would conduct equity spin-off in order to divide its four major subsidiaries that hold the majority of shares in its non-listed subsidiaries – Lotte...
Hanmi Pharmaceutical's headquarters building
Stock Information Leaked
27 April 2017 - 4:15pm
Suspended sentences were given to employees of Hanmi Pharmaceutical for allegedly releasing Hanmi Pharmaceutical’s stock information in advance and selling off its stocks in advance. On April 6, the...
The logo of CGV.
Not Paying to Part Timers
27 April 2017 - 4:00pm
The Ministry of Employment and Labor recently monitored labor management practices by 48 movie theaters operated by CJ CGV, Lotte Cinema and Megabox, and confirmed that CGV had the highest amount of...
A co-pilot’s sexual assault of a female flight attendant is stirring up controversy at Korean Air.
Sexual Assault
27 April 2017 - 3:45pm
A co-pilot’s sexual assault of a female flight attendant is stirring up controversy at Korean Air which was put in a hole by the nut rage of Cho Hyun-ah (former vice president of Korean Air). The 3rd...
Korean-startup in China
27 April 2017 - 10:15am
Soo.com (CEO Lee Seung-hoon) is the first South Korean company entering a Korea-China start-up Complex. The start-up complex is located in a large industrial complex created by the city of Chengdu,...
The sales of Daewoo Engineering & Construction (Daewoo E&C) in 2016 increased 3.2 percent to 64 trillion won (US$2.34 billion) from 2.56 trillion won (US$2.27 billion) in 2015.
Record-high Performance
27 April 2017 - 10:15am
Daewoo Engineering & Construction announced on April 25 that it posted 2.64 trillion won (US$2.34 billion) in sales, 221.1 billion won (US$196.01 million) in operating profit and 191.9 billion...

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