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Sunday, March 25, 2018


Mirae Asset Daewoo Securities plans to establish a “joint global unicorn private equity investment company” to take over potential overseas startups.
Hunting Startups Overseas
23 March 2018 - 11:30am
Mirae Asset Daewoo Securities is going to invest 270 billion won (US$240 million) in its holding company Mirae Asset Capital to take over overseas startups. According to the financial investment...
As the volume of bilateral trade between South Korea and Vietnam has shown a growth, the approved number of flights from South Korea to Vietnam jumped 53.8 percent from a year ago.
Era of ‘Post China’
23 March 2018 - 10:30am
The number of the approved air flights between South Korea and Vietnam, which has emerged as a key figure of “New Southern Policy," surged as much as 54 percent during the summer from March 25 to...
Jung Se-woong (left), vice president of Samsung SDI, is signing a contract on the joint development of electric commercial vehicles with Hartung Wilstermann, chairman of the E-Solutions & Services Management Board in Grmany on March 9 (local time).
Strategic Alliances by Country
23 March 2018 - 10:15am
Samsung SDI won orders for mid- to large-sized batteries from overseas, including those for electric cars, electric commercial vehicles and energy storage systems (ESSs) this month alone. Strategies...
Upbit developed Korea’s first cryptocurrency index UBCI (Upbit Crypto Index).
Korean Cryptocurrency Index
23 March 2018 - 10:15am
Korean cryptocurrency exchange Upbit will launch Korea’s first cryptocurrency index. Dunamu operating Upbit announced on March 22 that the company developed the UBCI (Upbit Crypto Index), a standard...
Most experts believe the interest rates on domestic bonds will not fluctuate because the increase in U.S.’ policy rates is already reflected in.
Impact of US’s Key Rate Increasing
23 March 2018 - 10:00am
As the US raised recently the key rate by 0.25 percent points and South Korea and the United States are seeing a reversal of interest rates for the first time in 10 years, all eyes are on how it will...
Although the European Union (EU) is seeking to implement the so-called “Google Tax,” South Korea is sitting on its hands.
Pending Issue in Korea
23 March 2018 - 9:45am
The European Union (EU) announced its new tax bill to levy more taxes on digital businesses online on March 21. Under the newly proposed tax bill, any company with revenues exceeding €700 million (US...
Oh Sung-Mok, head of the Network Division at KT, announced, on March 22, the start of commercialization of 5G service in March based on its successful 5G network operation during the PyeongChang Winter Olympics in Korea.
Securing Mobility and Coverage
23 March 2018 - 9:30am
“Real 5G should guarantee mobility and coverage," president Oh said. "It is the true commercialization of 5G to provide 5G services on national networks and mobile devices based on cloud computing...
LG Electronics ranked first in the category of premium TVs costing US$2,500 or higher in North American market.
Competition in Premium TV Market
23 March 2018 - 9:15am
LG Electronics ranked first in the category of premium TVs costing US$2,500 or higher in North America, the world's largest TV market for two years running. According to market researcher IHS Markit...
Doublestar Chairman Chai Yongsen said that Doublestar wants to become a global top 10 tiremaker by cooperating with Kumho Tire in a press conference at the KDB headquarters in Yeouido, Seoul, on March 22.
Aggressive Courtship
23 March 2018 - 9:00am
The chief of Qingdao Doublestar Co. visited South Korea and showed his determination to become a global leading tiremaker through co-prosperity with Kumho Tire. During a press conference at the KDB...
Kim Young-sung (2nd from right), deputy minister for trade and investment director of MOTIE and his counterpart of China Wang Shouwen (3rd from right) are shaking hands before the start of a follow-up negotiation on Korea-China FTA in Seoul on March 22.
Focusing China’s Service Market
23 March 2018 - 9:00am
A follow-up negotiation for the Korea-China free trade agreement (FTA) began to tear down barriers against South Korea’s entry into China's service market and prevent retaliation against South Korea...
Samsung Electronics models are introducing the world's first '3D Cinema LED' movie theater using stereoscopic glasses for 3D movies at Arena Cinema in Zurich, Switzerland, on March 20 (local time). (The photo courtesy: Samsung Electronics)
3D Cinema LED Screen
22 March 2018 - 11:30am
Samsung Electronics said that the company installed 3D Cinema LED Screen at Arena Cinema, a large theater in Zurich, Switzerland. 3D Cinema LED Screen is 10.3 meters wide, 5.4 meters high and...
South Korea has a relatively high number of patents in the cryptocurrency trading sector so it needs to redirect R&D investment to various service areas such as healthcare and the Internet of Things (IoT).
Blockchain Patent Competition
22 March 2018 - 11:15am
According to the data from the Korean Intellectual Property Office on March 21, the number of blockchain-related patents filed in the world’s top five regions in intellectual property – South Korea,...


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