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Monday, March 19, 2018


LG Innoteck is also focusing on expanding Korean and overseas UV LED ecosystems by planning the UV LED Forum on its own.
Expanding UV LED Ecosystem
2 March 2018 - 10:30am
The market of light emitting diodes (LEDs) using ultraviolet (UV) rays has been growing rapidly as their applications expand. LG Innotek also set its sight on the UV LED business as a new growth...
Korea’s export growth continued for the 16th month in February, while showing a slow-down in exports to the US.
Due to US Import Regulations?
2 March 2018 - 10:30am
Korea's exports continued to rise thanks to a global economic boom in February despite that the number of working days in the month decreased due to Lunar New Year Holidays. As a result, the export...
There are concerns that too high dividend payments may enervate companies’ growth potential.
Concern over Enervation of Growth Potential
2 March 2018 - 10:15am
Dividend payments to shareholders by listed Korean companies based on earnings last year are expected to exceed 30 trillion won (US$27 billion). Analysis says that the dividend size shot up as listed...
Bill Shihara, CEO of Bittrex, a US cryptocurrency exchange, recently said Upbit in South Korea is Bittrex's retail shop.
Korean Retail shop for US Bittrex
2 March 2018 - 10:00am
Upbit, the Korean cryptocurrency exchange which is number one in Korea in terms of trading volume, is being dogged by controversy over national wealth outflow. According to the financial industry on...
The White House said that Donald Trump administration will make an improvement to the Korea-US Free Trade Agreement (FTA), instead of scraping it.
Position Changed?
2 March 2018 - 10:00am
The Donald Trump administration of the US will continue to renegotiate the North American Free Trade Agreement (NAFTA) and to make an improvement to the Korea-US Free Trade Agreement (FTA), the White...
Samsung SDI recently started to work on the expansion of small battery production lines at Cheonan Plant in South Korea.
Boom of Small Secondary Battery
1 March 2018 - 10:45am
Samsung SDI will invest several hundreds of billions of Korean won to build a production line for small-sized secondary batteries. It is analyzed that the decision was made while taking into...
The management of GM Korea showed its efforts for management normalization and its will not to shift their responsibility for the management crisis onto employees only.
Amid Efforts for Normalization
1 March 2018 - 10:30am
The management and labor of GM Korea at a fateful crossroads met each other for the first time after the closure of Gunsan Plant but left the negotiation table after checking differences in their...
Creditors of Kumho Tire promised to get the labor union's consent when they sell off the tire company to a foreign company.
Avoiding Worst Case
1 March 2018 - 9:15am
Kumho Tire showed its trial to avoid being putting into court receivership. Its creditors gave in, saying that they will get the labor union's consent again when they sell off the tire company to a...
Samsung C&T has appointed Philippe Cochet, a former chief productivity officer (CPO) of GE, as an outside director.
JY’s Board-based Management
1 March 2018 - 9:15am
Samsung C&T has decided to bring in a French executive who served as a top-level executive at General Electric as a new outside director. Analysis says that the move signaled the full-scale start...
Hyundai Merchant Marine will launch a container liner service linking Asia and northern Europe starting on April 8.
Parting from 2M?
1 March 2018 - 9:00am
Hyundai Merchant Marine will launch a new service to Europe from Asia. It is analyzed by some experts that the Korean shipping company’s cargoes to Europe were separated from services of 2M, a...
Office Transactions Abound
28 February 2018 - 5:00pm
CBRE, a global commercial real estate services company, expects total investment transaction volume in domestic commercial real estate to increase by 20% year-on-year in 2018. According to CBRE’s...
The Korea Development Bank (KDB), a major creditor of Humho Tire, will draw up a plan for future treatment methods for the second-largest tire manufacturer after discussions with creditors on February 28.
Into Court Receivership?
28 February 2018 - 12:00pm
A possibility of putting Kumho Tire into court receivership has expanded. "We will make other viable measures as a labor-management agreement is unlikely to be made," said the Korea Development Bank...


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