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Friday, December 15, 2017

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The United States Department of Commerce imposed a preliminary anti-dumping duty of 40.8% on carbon and alloy steel wire rods imported from South Korea.
Four Times Higher Than Before
5 December 2017 - 9:30am
Late last month, the United States Department of Commerce imposed a preliminary anti-dumping duty of 40.8% on carbon and alloy steel wire rods imported from South Korea, almost quadrupling the tariff...
Global information and communication technology companies are carrying out a strategy to create the AI ecosystem and secure the leadership in the market based on the democratization of AI.
AI Democratization
4 December 2017 - 12:00pm
Global information and communication technology companies, including Amazon and Google, are accelerating the “democratization” of artificial intelligence (AI) technologies. The AI democratization...
The imports of petroleum products dropped while the imports of crude oil and the exports of petroleum products grew.
Reaching All-time High
4 December 2017 - 11:15am
South Korea’s petroleum product exports amounted to 132 million barrels in the third quarter this year, reaching an all-time high. This was largely due to the fact that the production of petroleum...
Samsung Biologics has completed the construction of world’s largest biopharmaceuticals manufacturing plant with an annual production capacity of 180,000 liters. (photo courtesy: Samsung Biologics)
Completion of Mechanical Processing
4 December 2017 - 11:15am
Samsung Biologics announced on November 30 that it completed the construction of its third plant in Songdo, Incheon City after two years of construction. The biopharmaceuticals manufacturing plant...
LG Electronics’ Signature OLED TV W model OLED65W7P won the Best TV Overall prize.
Best UHD TV
4 December 2017 - 11:00am
Consumer Reports recently selected five top picks after testing about 250 TVs it directly purchased from retail stores. LG Electronics’ Signature OLED TV W model OLED65W7P won the Best TV Overall...
Samsung Electronics recently filed a patent application for a new technology to scan the lines of a palm and get a hint when a smartphone password was forgotten. (photo courtesy: CNET)
Help for Finding Password
4 December 2017 - 10:45am
US-based IT news outlet CNET reported on December 2 (local time) that Samsung recently filed a patent application for a new technology to scan the lines of a palm and get a hint when a smartphone...
HMM’s operation reliability rose by six percentage points from the previous month to 82.9% at the end of October. (photo courtesy: HMM)
On-time Performance
4 December 2017 - 10:45am
Hyundai Merchant Marine (HMM) ranked No. 1 in operation reliability which indicates container service quality in October after August. According to the analysis of ship operation reliability released...
The US International Trade Commission (USITC) decided on November 28 to investigate whether SK Hynix infringed upon the patent of Netlist with regard to memory module components. (photo courtesy: SK hynix)
Alleged Patent Infringement
4 December 2017 - 10:30am
The United States International Trade Commission (USITC) decided on November 28 to investigate whether SK Hynix infringed upon the patent of Netlist with regard to memory module components such as...
Samsung Display has the power to defend Chinese companies in terms of production capacities, technological power and technological sense.
OLED Competition
4 December 2017 - 10:15am
Analysis says that China is investing heavily to follow its organic light emitting diode (OLED) industry to catch up with Korea but analysts say that it will be not so easy for Chinese companies to...
Some market experts point out that the South Korean shipbuilding industry needs to change its strategy targeting only the high value added market.
$25 Vs. $65
4 December 2017 - 10:15am
South Korea’s shipbuilding industry has been overtaken by latecomers, including China, in the liquefied natural gas (LNG) carrier, very large crude carrier (VLCC) and offshore plant sectors that the...
Sohn Young-kwon, CEO of Samsung Strategy & Innovation Center (SSIC) and Dinesh Pali, CEO of Harman, pose after browsing a vehicle equipped with UBJ sound bar in Las Vegas, the US on January 5 (local time), 2017. (photo courtesy: Samsung Electronics)
Based on Confidence
4 December 2017 - 9:45am
Samsung Strategy & Innovation Center (SSIC) President Sohn Young-kwon had a press interview in Finland on December 1 and said that Samsung Electronics is now more confident than ever about large-...
Following Dyson and Yamada, Panasonic will make a foray into electric vehicle market.
From Electronic Appliances to Electric Cars
1 December 2017 - 12:45pm
Panasonic will make a foray into electric vehicle market after Dyson, and Yamada. With electronics makers entering the electric car market, industry experts are turning their eyes to Korean...

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