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Tuesday, June 27, 2017

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Naver Corp. will work with Qualcomm Inc. to further develop its Clova, an artificial intelligence (AI) platform co-developed with its chat app subsidiary Line.
AI Platform for IoT Devices
20 June 2017 - 12:15pm
Naver Corp., South Korea's top Internet portal operator, said on June 19 that it will work with global chipmaker Qualcomm Inc. to further develop its Clova, an artificial intelligence (AI) platform...
A South Korean metabolic disease research team has developed a new substance that can curb the levels of fatty liver.
Medicine for Fatty Liver
20 June 2017 - 12:00pm
A South Korean research team succeeded in developing a new drug candidate using natural substances in grapes and beans that can contain a fatty liver and neutral lipid levels in the blood. The Korea...
A total of 2,838 companies in Korea received venture investment between 2012 and last year, which led to approximately 30,000 new jobs during the period.
Fruits from Investment
20 June 2017 - 12:00pm
According to the Small & Medium Business Administration (SMBA) of Korea, a total of 2,838 companies in the country received venture investment between 2012 and last year, the investment led to...
The Korea Airports Corporation will launch a robot-based service for air purification that is the first one of its kind in the world.
Robot Service in Airports
20 June 2017 - 11:45am
The Korea Airports Corporation announced on June 19 that it would launch a robot-based service for air purification that is the first one of its kind in the world. The corporation’s mobile robots for...
The logo of Kumho Tire.
Unilateral Push
20 June 2017 - 10:15am
The Korea Development Bank (KDB) arbitrarily interpreted the conditions for Kumho trademark rights, which will determine the sale of Kumho Tire, and unilaterally pressed ahead with the sale. Kumho...
Local IT service companies are developing blockchain-based solutions based on their experiences and partnerships with various companies.
Focus on Blockchain Services
19 June 2017 - 1:00pm
Recently, information technology (IT) service providers are focusing on developing and spreading blockchain services. IT service companies believe that they will be able to effectively provide...
There have been steady controversies over Shinhan Financial Group’s immoral hiring of sons or daughters of executives and breaching of trust due to illegal loans.
Immoral Management
19 June 2017 - 12:45pm
Controversy is brewing over the disclosure of Shinhan Bank’s preliminary transfer of a son of Han Dong-woo, a former chairman of the Shinhan Financial Group (SHG) to its New York branch. It was also...
Chinese automakers are supplying their products at lower prices than before these days even though the quality of the products is getting better.
Not Duo to THADD
19 June 2017 - 12:45pm
The Korea Institute for Industrial Economics & Trade said in its report that the recent rapid decline in South Korean automakers’ sales in China can be attributed to their low competitiveness...
The automobile and steel stocks showed much difference between target and actual stock prices while those of large-cap IT stocks did not so much.
Target Vs. Actual
19 June 2017 - 12:45pm
Although disclosure systems to eradicate securities firms’ exaggeration in target stock prices are about to take effect, the companies are still sticking to unrealistic target stock prices and...
Local two tops in value investing showed mixed outlooks on Samsung Electronics.
Bubbled or Not?
19 June 2017 - 12:45pm
Shinyoung Asset Management President Huh Nam-kwon and Korea Investment Value Asset Management Vice President Lee Chae-won, the two tops in value investing, announced mixed outlooks on Samsung...
Booyoung Group chairman Lee Joong-keun
First Target for Chaebol Reform
19 June 2017 - 12:30pm
Korea Fair Trade Commission (KFTC) prosecuted Booyoung Group chairman Lee Joong-keun on June 18 for having tampered, for over 10 years, with data on the group’s subsidiaries required to be submitted...
From left: Thura Thet Oo Maung, Myanmar Ambassador to South Korea, LH president Park Sang-woo, Myanmar’s Minister of Construction U Win Khaing, and Myanmar’s head of Housing Department pose after signing a MOA to build an industrial complex in Myanmar.
Building Industrial Complex in Myanmar
19 June 2017 - 12:30pm
The Korea Land & Housing Corporation (LH) announced that it has signed a memorandum of agreement (MOA) to build a Korea-Myanmar Economic Cooperation Industrial Complex with the Myanmar’s Ministry...

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