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Tuesday, February 28, 2017

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Hong Yeong-don,Chairman of SY Panel
Successful enterprise
21 February 2017 - 12:00pm
SY Panel Co., a Korea-based company mainly engaged in the manufacture of sandwich panels, held a workshop for executives and employees of the sales department at its subsidiaries at an auditorium on...
Café Sapoon Sapoon run by Korea Ginseng Corporation (KGC).
Café Sapoon Sapoon
21 February 2017 - 11:45am
Café Sapoon Sapoon can accommodate up to 120 people at the same time as it has seats in a spacious indoor space and outdoor terrace on the first floor of KT&G Tower in Gangnam-gu. Customers who...
The state-owned companies under the industry ministry paid out more than 3 trillion won (US$2.61 billion) of dividends to foreign investors after their initial public offerings.
Dividends of Public Companies
21 February 2017 - 11:30am
Public institutions under the Ministry of Trade, Industry and Energy (MOTIE) paid out more than 3 trillion won (US$2.61 billion) of dividends to foreign investors alone after their initial public...
The South Korean government holds a technology demonstration session to test so-called live drone mapping technology to cover inaccessible areas such as military zones and disaster areas.
Map for Drone
21 February 2017 - 11:30am
The Ministry of Land, Infrastructure & Transport of South Korea announced on February 20 that it holds a technology demonstration session at the Han River Drone Park on February 21 to test so-...
South Korea exported 2.62 million vehicles, down 11.8% year on year, to take the fourth place and be overtaken by Mexico for the first time in history.
Global Car Export
21 February 2017 - 11:30am
It has been found that Mexico exported a total of 2,768,268 cars last year, up 0.2% from a year earlier, to come in third behind Germany and Japan, which exported 4.65 million and 4.63 million cars...
Samsung Electronics has succeeded in developing a communication chip which is to play a pivotal role in the next-generation 5G mobile communication.
5G Mobile Chip
20 February 2017 - 12:30pm
Samsung Electronics announced on Feb. 19 that it has succeeded in developing a communication chip which is to play a pivotal role in the next-generation 5G mobile communication. With the latest...
Harman CEO Dinesh Paliwal, right, and Samsung Electronics CEO Sohn Young-kwon pose for a photo in front of the Oasis autonomous concept car jointly developed with Swiss automaker Rinspeed.
A Good News amid Ordeal
20 February 2017 - 12:30pm
Despite the absence of Samsung’s heir apparent Lee Jae-Yong right now, Samsung Electronics has practically acquired Harman International Industries, the largest electronics equipment maker in the...
LG Hausys’ employees examine its automotive undercover parts using lightweighting materials that can reduce the weight by 30 percent compared to steel materials.
Expansion to Carbon Fiber Biz
20 February 2017 - 12:15pm
LG Hausys has acquired a 50.1 percent share of c2i (Composite Innovation International), an automobile parts company based in Slovakia. The company held a meeting of its board of directors on...
S. Korea, an internet service powerhouse, ranked eighth, which is blamed on the application of different evaluation criteria that run counter to Korea’s reality.
Due to Different Evaluation Criteria
20 February 2017 - 12:15pm
Japan topped the list in the mobile broadband penetration statistics of the Organization for Economic Cooperation and Development (OECD). Korea, an internet service powerhouse, ranked eighth. This...
A S. Korean startup “Opus One” has developed a smart umbrella, which tells if it’s going to rain using Internet of Things (IoT) technology, for the first time in the world.
Smart Umbrella
20 February 2017 - 12:00pm
When you rush to leave home in the mornings and see an umbrella, you suddenly become curious about the weather forecast. But, it is often inconvenient to take your cellphone out of your pocket and...
The United States Department of Commerce has decided to impose anti-dumping duties on emulsion styrene butadiene rubber (ESBR) exported from S. Korea to the US.
2nd Anti-dumping Duty This Year
20 February 2017 - 12:00pm
The United States Department of Commerce recently decided to impose anti-dumping duties on emulsion styrene butadiene rubber (ESBR) exported from South Korea to the United States. Last month, the...
S. Korea reached US$495.5 billion in total value of exports last year, down 5.9% from a year earlier, which put down the nation’s export ranking to 8th place in the world.
Back-to Back Decline
20 February 2017 - 11:45am
According to the World Trade Organization (WTO), South Korea reached US$495.5 billion in total value of exports last year, down 5.9% from a year earlier. For reference, it decreased by 8% between...

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