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Saturday, August 19, 2017

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Korea’s Big Three shipbuilders remained the world's top three in terms of orders remaining.
Order Backlogs
19 August 2017 - 3:45am
Korea’s Big Three shipbuilders -- Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries, Samsung Heavy Industries -- remained the world's top three in terms of orders...
India’s territorial disputes and trade war with China are expected to turn Indian market situations in favor of Samsung Electronics.
Due to Territorial Dispute
19 August 2017 - 3:45am
According to Chinese media reports on August 17, the Indian government imposed anti-dumping duties on 93 kinds of import product items from China. This includes a wide array of products including...
Samsung Electronics is pushing ahead with the construction of new fab Line 18 (tentative name) in the Hwasung Complex with the aim of starting construction in November.
For Increasing Foundry Competitiveness
19 August 2017 - 3:30am
Samsung Electronics will start the construction of Line 18 of Hwasung Plant with a total floor area of ​​300,000m2 by investing 6 trillion won (US$5.4 billion) in November to strengthen the...
South Korea and the United States will hold a special session of the Joint Korea-US Free Trade Agreement (FTA) Committee in Seoul on August 22.
FTA Revision Talks
19 August 2017 - 3:30am
South Korea and the United States entered into formal discussions to decide whether to revise the Korea-US FTA. The Ministry of Trade, Industry and Energy of Korea and the US Trade Representative (...
Kakao is expected to transfer its game business to its subsidiary Kakao Games and merge it into its holding company Kakao Games Holdings.
Stepping towards Holding Company
18 August 2017 - 12:45pm
Kakao will transfer its game business to its subsidiary Kakao Games and merge it into its holding company, Kakao Games Holdings. This move aims at boosting the efficiency of the game business, which...
U+tv has been recognized as its world-class design.
Design Award
18 August 2017 - 12:45pm
LG U+ announced on August 17 that the company nabbed prizes for the design excellence of the U+TV set-top box, remote controller and UX (user experience) at the Red Dot Awards of Germany and the IDEA...
A panorama of Samyang Biopharm’s medicinal plant.
‘Renal Lead'
18 August 2017 - 12:45pm
Samyang Biopharm announced on August 17 that the company received a permission to sell multiple myeloma remedy 'Lenalid based on Lenalidomide' by developing it in the form of tablets. Lenalid is a...
Samsung Electronics’ semiconductor plant in Xi’an, China.
Impossible to Replace
18 August 2017 - 12:30pm
Samsung Electronics showed the highest sales growth in China despite the Chinese government’s retaliation over the deployment of the THAAD U.S. anti-missile defense system in the first half of this...
From left: Dong-A Pharmaceutical President Choi Ho-jin, Vo Thanh Dong, deputy director of Vietnam’s population and family planning department, and Dong-A Socio Holdings President Han Jong-hyun pose for a photo after signing the MOU to supply birth control
Birth Control Pill for Vietnam
18 August 2017 - 12:30pm
Dong-A Socio Holdings announced on August 17 that Dong-A Pharmaceutical signed a memorandum of understanding (MOU) for the supply of birth control pills with the population and family planning...
Yoo Young-min, minister of science and ICT of Korea, said there is a need to look at the advantages and disadvantages of the Blockchain technology to find useful applications.
Promotion of Blockchain
18 August 2017 - 12:30pm
Yoo Young-min, minister of science and ICT, began to seek ways to expand the Blockchain with experts from industry, academia and research institutes. This is because if the public and private sectors...
On August 16, FSC Vice Chairman Kim Yong-beom (left) presided over a task force meeting for government-led financing in the interest of productive finance.
Reforming Insurance Structure
18 August 2017 - 12:15pm
Financial Services Commission (FSC) Vice Chairman Kim Yong-beom said on August 17 that the FSC would reform the structure of fee-for-service health insurance plans so that even patients with a...
Hyundai Motor Company unveiled its next-generation hydrogen fuel cell vehicle in the 63 Convention Center in Seoul on August 17.
580 Km Coverage per Charge
18 August 2017 - 12:15pm
Hyundai Motor Company unveiled its next-generation hydrogen fuel cell vehicle in Seoul on August 17. According to the company’s announcement, the hydrogen fuel cell electric vehicle (FCEV) has a fuel...

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