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Wednesday, February 21, 2018

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Apple is negotiating a deal to buy NAND flash memories from Yangtze River Storage Technology.
iPhone with Chinese Chips
19 February 2018 - 1:45pm
Apple is in negotiations with Chinese semiconductor maker Yangtze River Storage Technology to buy NAND flash memories, the Chinese media said on February 18. If the bilateral negotiations lead to a...
Korean shipbuilding industry lagged behind the Japanese industry in the new order competition in January of this year.
Falling Behind Japan
19 February 2018 - 1:45pm
It has been found that the Korean shipbuilding industry lagged behind the Japanese industry in the new order competition in January of this year. Japanese shipbuilders’ monthly new orders eclipsed...
Apple accounted for 51 percent of the global smartphone market with US$ 61.4 billion in sales in Q4 of 2017.
Market Dominance
19 February 2018 - 10:15am
It has been found that Apple accounted for more than half of the global smartphone market sales in the fourth quarter of last year thanks to the popularity of the iPhone X. In the fourth quarter of...
In the afternoon of Feb.17, Baek Woon-kyu (far right), minister of trade, industry of energy, is discussing countermeasures with representatives of steel companies to discuss the US’ announcement of Article 232 of the Trade Expansion Act.
Against Only S. Korea among Allied Nations?
19 February 2018 - 10:15am
The US Department of Commerce proposed to President Trump that Korean-made steel products should be included in steel products from 12 countries to be subject to a 53-percent tariff in the results of...
The beef imported from the US last year accounted for 48.9 percent of total beef imports.
US Beef Getting Popular
16 February 2018 - 6:30pm
Last year US beef imports stood at 168,000 tons, accounting for 48.9 percent of total beef imports. US beef ranked first among import beef in 14 years since 2003. This means that US beef beat market...
The number of South Korean visitors to Japan reached 7,140,200 last year, up 40.3 percent from the previous year's 5,090,302.
Japan Enjoying Reflective Benefits
16 February 2018 - 6:30pm
According to the Japan National Tourism Organization (JNTO) on February 15, the number of South Korean visitors to Japan reached 7,140,200 last year, up 40.3 percent from the previous year's 5,090,...
The global sales of OLED panels in the fourth quarter of last year ran to US$8.8 billion, a 120-percent increase over the same period of last year.
Samsung Enjoying Lion’s Share
16 February 2018 - 6:15pm
According to the Display Supply Chain Consultants (DSCC), a US display market research company on February 15, global sales of OLED panels in the fourth quarter of last year ran to US$8.8 billion, a...
The price of Bitcoin is on the rise with a prospect that regulations will be eased in Korea.
Showing Rebound Trend
16 February 2018 - 6:00pm
The price of Bitcoin, a representative virtual currency (cryptocurrency), was on the rise on the first day of Lunar New Year Holidays. The price moved around 10 million won (US$9,000) the day before...
The total number of employees of GM Korea and its partner companies was estimated at 156,000 as of 2016.
3rd Largest Employment in Automobile Sector
16 February 2018 - 5:30pm
If and when GM Korea withdraws from South Korea, more than four out of ten auto industry workers will be affected in Korea. The Ministry of Trade, Industry and Energy (MOTIE) said on February 15 that...
The Korean government shall consider putting a halt to the due diligence inspection into GM Korea and rejecting a request for financial support from GM if GM does not come up with a detailed and specific long-term investment plan.
Plan B Needed
15 February 2018 - 8:15pm
As the headquarters of GM will shut down GM Korea's Gunsan Plant in Korea, the Korean government has decided to conduct a due diligence inspection of GM Korea. But some experts are skeptical about...
Lotte Group Chairman Shin Dong-bin waves the corporate flag of the Lotte Group when the business group renewed its logo in line with the inauguration of its new leadership under him in honor of its 50th anniversary last year.
Crisis of ‘Shin Dong-bin Regime’
15 February 2018 - 8:00pm
The arrest of Shin Dong-bin, chairman of Lotte Group, is unleashing a strong firestorm. Lotte Holdings Japan whose largest shareholder is Kwang Yoon Sa (Koiyunsya) at the top of the corporate...
Sky Kingdom 'King's Vacation' of Seoul Dragon City.
Seoul Dragon City
15 February 2018 - 7:30pm
Seoul Dragon City is the first-ever lifestyle hotel-plex in South Korea, consisting of four hotels, restaurants and bars, large meeting and convention spaces, and world-class entertainment facilities...

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