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Thursday, August 24, 2017

ICT

Jung Eun-seung, vice president of Samsung Electronics's foundry business, is giving a greeting to attendees at the “Samsung Foundry Forum Korea 2017” in Seoul on July 11.
Foundry Business
12 July 2017 - 11:00am
Samsung Electronics announced that the company will set up the foundry business division and claim second place in market shares by the end of the year based on the division. Samsung Electronics held...
SK said there is a possibility to give up the acquisition of shares in Toshiba’s memory business.
One Step Back
11 July 2017 - 8:30pm
As SK Hynix, which is included in the preferential bidder in acquiring Toshiba’s semiconductor business, recently said, “We can give up on acquiring the stake,” all eyes are on the backdrop An...
The share price of LG Electronics has been falling continuously.
Below Expectations
11 July 2017 - 12:15pm
The share price of LG Electronics falls day by day. Securities firms believe that an adjustment of the stock price is inevitable with the current price at a little more than 70,000 won. At 1:45 pm on...
Samsung Electronics is making an every effort to attract research and development (R&D) talent in the sectors of component & system, material and platform.
For Future Business
11 July 2017 - 12:15pm
Samsung Electronics, which posted more than 14 trillion won (US$12.17 billion) in operating profit in the second quarter, is making an every effort to attract research and development (R&D)...
An increasing number of virtual currency users lost money by the cyberattack on the exchange Bithumb.
Cyberattack on Crytocurrency Exchange
11 July 2017 - 11:30am
Bithumb, the largest Bitcoin and Ethereum cryptocurrency exchange in South Korea, has tried to prevent additional damage from the recent cyberattack by restricting withdrawal from some customers’...
Naver Korean-English Dictionary.
Optimized Dictionary for Foreigners
10 July 2017 - 12:00pm
Naver Corp. released “Korean-English Dictionary for Foreigners” on July 7. It is Naver’s third Korean dictionary for foreigners following its Korean-Chinese dictionary and Korean-Vietnamese...
Many sources pointed out that the bid to take over the memory business from Toshiba by a Korea-Japan-US alliance may run aground.
Variables to Toshiba Acquisition
10 July 2017 - 12:00pm
A possibility that a bid to take over the memory business from Toshiba by a Korea-Japan-US alliance, which SK Hynix participated in, may run aground is spreading in Japan. The point is that SK Hynix...
Yoo Young-min, the candidate for Science, ICT & Future Planning Minister, said that a legal revision and effective law enforcement can be a solution to the problem of tax evasion by global IT companies in Korea.
Tax Evasion Issue
10 July 2017 - 11:15am
Science, ICT & Future Planning Minister candidate Yoo Young-min recently said that he is well aware of the reverse discrimination regarding tax evasion by global IT companies in South Korea and...
Korean companies failed to put their names on the list of global top 20 artificial companies.
Unprepared for Future
10 July 2017 - 11:15am
On July 9, S&P Capital and the Institute for Information & communications Technology Promotion (IITP) released a list of global IT companies currently doing business in the artificial...
Ant Financial Services Group, the financial services affiliate of Chinese e-commerce firm Alibaba Group Holding, decided to invest US$2 million (230 billion won) in Kakao Pay in February this year.
China’s Shareholder Risk
10 July 2017 - 11:15am
As Kakao Bank goes into full-fledged service later this month as the second internet-only bank in Korea, some raises concerns whether the bank can be seized upon by conflicts between China’s Tencent...
Korean customers of Microsoft’s Azure Cloud Service suffered from severe access failures for a long time.
Complaints on MS Cloud
10 July 2017 - 11:00am
Even though Microsoft is promoting the cloud service as its new growth engine and emphasizing "Cloud First", service disruptions are fueling doubts about its technology and stability in Korea....
Samsung Electronics' second quarter earnings is expected to surpass those of Apple.
First in the History
8 July 2017 - 4:45am
Samsung Electronics recorded the best business performances ever. The Korean electronics giant announced via a tentative public disclosure that it posted 60 trillion won (US$54 billion) in sales, 14...

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