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Wednesday, November 22, 2017

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Japan’s investment in South Korea for the third quarter of this year is a 57-month high since the amount of US$1.24 billion recorded in the fourth quarter of 2012.
Investment Increasing 347%
16 November 2017 - 10:30am
The Ministry of Trade, Industry & Energy of Korea announced on November 14 that Japan’s total investment in South Korea increased by 347% from a year earlier and reached US$867 million in the...
The conclusion of TPP may become a bad factor to Korean companies that compete fiercely with Japanese companies in Latin America and Southeast Asia, including Mexico and Vietnam.
TPP Agreement Concluded
16 November 2017 - 10:15am
Korean automakers are paying a lot of attention to the conclusion of the Japan-led Trans-Pacific Partnership (TPP) devoid of the United States.  Although there will be no big immediate impact from...
Market watchers say Samsung Electronics is changing its strategy that focuses mainly on profitability to that expands a memory market share through the so-called “chicken game.”
Concerns on Oversupply
16 November 2017 - 10:00am
Samsung Electronics’ investments in semiconductor facilities this year are larger than that of the world’s largest system semiconductor producer and the world’s biggest foundry chipmaker TSMC...
Korean lawmakers are proposing bills to incorporate value added common carriers into the Telecommunications Business Act.
Integrated Regulations Needed
16 November 2017 - 9:30am
According to current laws, Internet companies in South Korea are classified as value added common carriers doing business by borrowing telecommunication line facilities from common carriers and...
2.7X Increased
16 November 2017 - 3:00am
Four board members of Samsung Electronics including vice chairman Lee Jae-yong received totally 27.15 billion won (US$24.4 million), equivalent to approximately 6.8 billion won (US$6.1 million) per...
The U.S. International Trade Commission (ITC) said that the South Korean chipmaker's server memory products did not violate section 337 of the Tariff Act of the US.
Preliminary Decision
16 November 2017 - 1:45am
The U.S. International Trade Commission (ITC) decided preliminarily to dismiss the allegation that Korea’s second largest chip manufacturer SK Hynix violated patents of US-based server memory maker...
A 5.4-megnitude earthquake in South Korea triggered no disruption or damage to local semiconductor production lines as well as to the nation’s nuclear power plants including low- to mid-level radioactive waste disposal facilities.
No Damage to Even Sensitive Facilities
15 November 2017 - 10:00pm
The Korea Meteorological Administration (KMA) announced that a 5.4-magnitude earthquake struck at 2:29 pm 9 km north of Buk-gu, Pohang City of North Gyeongsang Province on November 15.  It was...
Gaining for 10 Consecutive Quarters
15 November 2017 - 12:30pm
Dongkuk Steel Mill Co. posted 72.5 billion won (US$64.94 million) in operating profit in the third quarter in 2017, up 10.2 percent from the same period a year earlier and 33.3 percent from the...
The Work of Life
15 November 2017 - 12:15pm
Invossa, a novel cell-mediated therapy for degenerative arthritis, or osteoarthritis, of the knee, is running to the last hurdle after 19 years of the investment by Kolon Group chairman Lee Woong-...
Power Supply Network for Philippines
15 November 2017 - 12:00pm
The Korea Electric Power Corporation (KEPCO) said on November 14 that the company signed a memorandum of understanding (MOU) on the construction and operation of electric supply network and a smart...
GM decided to produce small-sized SUVs, which had been imported from GM Korea, directly at European plants of Opel.
Crisis of GM Korea
15 November 2017 - 12:00pm
A mounting crisis is facing GM Korea suffering from severely sluggish sales. A possibility of a decline in exports to Europe and sluggish new car sales among others are once again fueling a rumor...
KEPCO NF workers who won the Presidential Award on November 8 are taking commemorative photos.
For 17 Consecutive Years
15 November 2017 - 11:30am
KEPCO Nuclear Fuel(KEPCO NF)announced that the company was selected as a company with strong quality competitiveness at the 43rd National Quality Management Contest held recently.  As a result, KEPCO...

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