News | BusinessKorea

Sunday, April 30, 2017


Cho Hwan-ik (third from roight), president of KEPCO pose with Kenneth Monson second from (right from), CEO of Sunverge Energy after signing an MOU on cooperating on the joint development of a virtual power plant (VPP) project.
VPP Project
24 April 2017 - 2:45pm
The Korea Electric Power Corporation (KEPCO) announced on April 21 that the company signed an MOU on cooperating on the joint development of a virtual power plant (VPP) project based on solar power...
LG CNS’s Data Center in Busan, South Korea.
AI-based Big Data Business
24 April 2017 - 2:45pm
LG CNS will pursue the AI-based big data business on a full scale by reorganizing the current big data business and expanding its workforce a great deal. LG CNS announced on April 23 that it...
Cha Suk-yong.vice chairman of LG Household and Healthcare.
K-Beauty Promotion
24 April 2017 - 2:30pm
LG Household & Healthcare is expanding its overseas advancement and is preparing for the future by developing next-generation brands as a leader in “K-Beauty.” The company is aggressively...
SK Hynix has developed 20-nano level 8 gigabit (Gb) GDDR6 which can transfer data at 16 Gb per second (Gbps) per pin.
Advanced Graphics DRAM
24 April 2017 - 2:30pm
SK Hynix developed a next-generation graphics dynamic random-access memory which has the world’s fastest graphics processing speed with lower power consumption. The latest DRAM will be used in a next...
Leader in UPS Battery
24 April 2017 - 11:45am
Samsung SDI announced on April 20 that it achieved a 30 percent share of the global uninterruptible power system (UPS) market. An UPS is an electrical apparatus that provides emergency power to a...
‘Lack of Policy Consistency Gave Rise to Shipbuilding, Shipping Industry Crises’
Reason for Current Crisis
24 April 2017 - 11:30am
Kim Young-moo, vice chairman of the Korea Shipowners’ Association, said on April 23 that the disbandment of the Ministry of Oceans & Fisheries in the previous administration and its revival in...
South Korean Deputy Prime Minister Yoo Il-ho (fourth from left, second row) and Bank of Korea Governor Lee Ju-yeol (fifth from left, second row) at the G20 Financial Ministers and Central Bank Governors Meeting in Washington D.C.
Rebounding Economy
24 April 2017 - 11:15am
South Korean Deputy Prime Minister Yoo Il-ho visited Washington D.C. on April 22 (local time) for the G20 Financial Ministers and Central Bank Governors Meeting and the Spring Meetings of the IMF and...
No way for Growth
24 April 2017 - 11:15am
Large South Korean investment banks are to be launched in June this year. Still, securities companies are expressing concerns that various regulations will hinder their transformation in the end....
Oil companies in South Korea, which imports 80% of the oil it uses from the Middle East, are diversifying their import sources to the United States and Russia.
Oil Import Diversification
24 April 2017 - 11:00am
Late last year, OPEC member countries and non-OPEC oil-producing countries such as Russia agreed to reduce their oil production by 1.8 million barrels a day for the first half of this year. The...
Consumer Reports bought eight of the Galaxy S8 phones and tested on their red-tinged displays on the 21st (local time).
Red Tint of Galaxy S8
24 April 2017 - 11:00am
Some consumers started reporting early this week that some of Samsung Electronics' newly-released Galaxy S8 phone displays were showing a red tint. In this regard, Consumer Reports, a globally...
TriGen, a new concept security USB device with a built-in ultra-small quantum number generator.
Innovative Storage
22 April 2017 - 4:30pm
TriGen developed by EYL ( is a safe and secure USB storage device. The device is based on a user’s real name. An authorized user registers his or her real name, telephone number,...
Much concern among Korean people is rising about the recent summit talks between the US and China.
Publisher Note
21 April 2017 - 2:30pm
U.S. President Donald Trump and Chinese President Xi Jinping met with each other in Florida on April 6. Their summit talks gained much attention as an indicator of Washington’s North Korea policy and...


Subscribe to News

Copyright 2013 BusinessKorea Co., Ltd.
301 Samdo Building, 12-1
Yeoido-dong, Yeongdeungpo-gu
Seoul, Korea 150-010
Tel: +82-2-578-3220
Fax: +82-2-578-3224


Web design by: