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Thursday, August 24, 2017

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Mike Herrington (center), head of the GERA, and Kum Gi-hyun (right), KEF Secretary General, pose for a photo after signing a sponsorship agreement between GERA and KEF in Kuala Lumpur, Malaysia in February this year.
Global Entrepreneurship Monitor Meeting
15 August 2017 - 11:15am
The Korea Entrepreneurship Foundation (KEF) announced that the general meeting of the Global Entrepreneurship Monitor (GEM) for next year takes place in South Korea in February 2018 based on the...
Korea's information and communication technology (ICT) competitiveness has been found to be only 80% of that of the US.
Even Behind China in AI
15 August 2017 - 11:15am
A survey has found that Korea's information and communication technology (ICT) competitiveness is only 80% of that of the US. In particular, it has been found in the fields of artificial intelligence...
The EU will take measures to tighten regulations on foreign capital inflows during a European Parliamentary address next month.
Precaution against Chinese Capital
15 August 2017 - 11:15am
The European Union began to tighten restrictions on Chinese capital in order to prevent key technology spills in strategic industries. According to the British Financial Times on August 13, Jean-...
Sanctions on Counterfeit Smartphones
14 August 2017 - 7:30pm
As news broke out that US President Donald Trump was reportedly trying to pressure China to solve the North Korean nuclear issue, the Chinese counterfeit market is garnering much attention. According...
A Korean consortium consisting of the Korea Rail Network Authority, LG CNS, and etc.,  signed a project to build a railroad system for the first section (Line 1) of the Jakarta Light Rail (LRT) in Indonesia.
Package Deal in Indonesia
14 August 2017 - 6:30pm
The Korean Ministry of Land, Infrastructure and Transport announced on August 14 that a Korean consortium landed and finally signed a project to build a railroad system for the first section (Line 1...
Samsung as a leader in hardware and Apple as a leader in software (SW) are competing for next generation smartphone displays.
Who will Lead Smartphone Display Tech?
14 August 2017 - 6:15pm
Samsung, a leader in hardware (HW) and Apple, a leader in software (SW), are going head to head for next generation smartphone displays. Image quality is one of key factors in consumers’ smartphone...
LG Electronics installed the world's largest OLED display signage using 820 units of 55-inch OLED display panels, with a width of 50 meters and length of 14 meters, at the Dubai Mall.
Another Landmark in Dubai
14 August 2017 - 2:30pm
LG Electronics has installed the world’s largest organic light-emitting diode (OLED) signage at the Dubai Mall, as recognized by the Guinness World Records. The company announced on August 13 that...
Kumho Tire creditors will deliver a trademark use contract to Kumho Industrial and enter into a contract finalization process this week.
Nearing the End
14 August 2017 - 2:15pm
Kumho Tire creditors will deliver a trademark use contract to Kumho Industrial and enter into a contract finalization process this week. The deadline for signing the contract set by creditors is the...
Subject to Exceptional Clause?
14 August 2017 - 2:15pm
Samsung Life Insurance Co. might be able to sell its 7.55 percent stake of Samsung Electronics. Until now, politicians has pointed out special favors of the Insurance Business Act. In this regard,...
The Korean government recently formed a task force in order to impose stricter regulations related to particulate matter.
Environmental Matters
14 August 2017 - 1:00pm
The Ministry of Environment of South Korea recently formed a task force in order to impose stricter regulations related to particulate matter. Under the circumstances, the concerns of local...
Korea’s cross-border online shopping in the first half of this year totaled 10.96 million deals, up 34% from the previous year.
Away from Concentration on US
14 August 2017 - 12:45pm
Koreans’ cross-border online shopping markets have diversified into Europe, China and Japan, breaking away from concentration on the US. According to the Korea Customs Service on June 11, cross-...
The exports by Korean venture companies rose 16.0% to US$9.98 billion in the first half of this year from the same period of the previous year.
Contributor to Exports
14 August 2017 - 12:45pm
Korean venture companies’ exports this year are expected to chalk up double-digit growth in seven years. According to the Korea International Trade Association (KITA) on August 11, exports by Korean...

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