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Sunday, July 23, 2017

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India’s IT minister Ravi Shankar Prasad (4th from left) and Shin Jong-kyun,  CEO of  IM Division at Samsung Electronics (3rd from right) shovel up the soil at the plant expansion construction site in Noida, Uttar Pradesh, India on June 7.
Intense Competition
21 July 2017 - 11:45am
Xiaomi shows a remarkable growth in India, which is rapidly growing and the largest smartphone market in the world. Samsung Electronics is still the unchallenged leader in the market. However, market...
LG Electronics established the IFEC Task Force Team and surreptitiously sounded out an entry into the aviation parts market.
New Business Development
21 July 2017 - 11:45am
LG Electronics' M&A deals (excluding affiliated companies) stopped after the company took over a smart TV platform, “the Web Operating System” from HP in 2013. Over the past four years, LG...
The Ministry of Small and Medium Venture Business was established as the National Assembly's General Assembly passed the Government Organization Act on July 20
Gov’t Reorganization
21 July 2017 - 11:45am
The new ministry’s core business of is to bring out an innovative economy centered on small and medium-sized enterprises (SMEs) and venture start-ups by correcting the nation’s economic structure...
A ceremony for completion of 8,5 generation LCD panel factory construction in Guangzhou, China in 2014.
Job Loss from Overseas Investment
20 July 2017 - 7:30pm
Major Korean corporations are beginning to build overseas production bases one after another not only to reduce costs, but also to promptly respond to overseas demand. Building overseas production...
The Korean government will expand the supply of electric cars and promote the self-driving car industry including the establishment of car and ICT convergence platforms.
Future Growth Engines
20 July 2017 - 12:45pm
The Moon Jae-in administration will increase the number of electric cars and hydrogen powered cars to 350,000 and 15,000, respectively, by 2022. It will also focus on promoting new industries of the...
DRAMs and NAND flash memories is forecast to hit record high price hike rates this year.
Continuous Price Rising
20 July 2017 - 12:30pm
A forecast was made that DRAMs and NAND flash memories will hit record high price hike rates this year. Samsung Electronics and SK Hynix are leading companies in the DRAM and NAND flash sector....
The Korean government is planning to create new growth opportunities based on a combination between information and communications technology (ICT) and software.
National IoT Network
20 July 2017 - 12:30pm
The Ministry of Science, ICT & Future Planning of South Korea announced on July 19 that it would create new growth opportunities based on a combination between information and communications...
A Galaxy S8 user issuing a voice command by using the English version of the Bixby Voice
English Voice Support
20 July 2017 - 12:30pm
Samsung Electronics announced on July 19 that the English version of the Bixby Voice is now available for Galaxy S8 and Galaxy S8+ users in South Korea and the United States. The English version is...
The 2017 Sustainability Report titled "Deep Change.”
Report on ‘Deep Change’
20 July 2017 - 11:45am
SK Holdings C&C announced on July 19 that it has released the 2017 Sustainability Report titled "Deep Change” both in Korean and English. Since it published its first Sustainability Report in...
A VDL flagship store at T-mall.
Tapping into Chinese Market
20 July 2017 - 11:45am
LG Young Health's young prestige make-up brand VDL will open its flagship store in Alibaba T-mall on July 19 and make a full-scale entry into China's make-up market. T-mall is a Chinese online...
Samyang Food exported products in violation of halal food standards to Islamic countries while advertising them as those in compliance with the standards.
Standard Violation
20 July 2017 - 11:15am
It has been found that Samyang Food exported products in violation of halal food standards to Islamic countries while advertising them as those in compliance with the standards. The Ministry of Food...
A research team led by professor Lee Sung-won at the Daegu Gyeongbuk Institute of Science & Technology (DGIST) developed an electronic skin together with Tokyo University professor Takao Someya.
Breathable Electronic Skin
20 July 2017 - 11:00am
The Daegu Gyeongbuk Institute of Science & Technology (DGIST) announced on July 19 that its research team led by professor Lee Sung-won at the Department of Emerging Materials Science developed...

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