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Friday, October 20, 2017

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LG Chem came in second with 11.7% and Samsung SDI ranked fifth with 6.1%, respectively, in the global market of EV secondary batteries for electric vehicles.
Secondary Battery Race
12 October 2017 - 12:30pm
According to market research firm SNE Research, Panasonic reached 4,974.9 MWh in shipments of secondary batteries for use in electric vehicles for the first seven months of this year. Its market...
Samsung HMD Odyssey
Another Battlefield
12 October 2017 - 12:15pm
According to industry sources, Samsung Electronics and LG Electronics are planning to release new virtual reality (VR) devices early next month and late this year, respectively. Both of the two...
The trade officials from South Korea and the US are discussing the pending issues at the second session of the Joint Committee held in Washington DC, the US on October 4 (local time),
Pursuing Reciprocity
12 October 2017 - 11:30am
On October 11, the Ministry of Trade, Industry, and Energy responded to U.S. threats of withdrawing from the U.S.-Korea Free Trade Agreement (KORUS FTA), stating, "The U.S. is not the only one who...
An employee at the Korean Exchange in Yeouido, Seoul, looks at the stock list on October 11 when the KOSPI and Samsung Electronics shares hit a record high for the first time in two months.
Record High
12 October 2017 - 11:30am
Samsung Electronics, the world’s biggest memory chip provider, surpassed 2.7 million won (US$2,378.85) per share for the first time ever on October 11.  In the main market KOSPI on the same day,...
Kim Sang-Joo, chairman of the Korean Fair Trade Commission (FTC) said he does not want to dismantle chaebols in an interview with Bloomberg on October 11.
Focusing Chaebol Families
11 October 2017 - 7:30pm
"We do not want to dismantle chaebols, but rather focus on solving problems of chaebols," said Kim Sang-Joo, chairman of the Korean Fair Trade Commission (FTC). "The problem is that families of...
Hyundai Motor has issued "Three Day Full Refund" Card in the US market to improve its sales process.
For Riding Out Sales Slump
11 October 2017 - 7:30pm
Hyundai Motor has issued "Three Day Full Refund" Card in the US market. If consumers are not satisfied with Hyundai cars, they will be given full refunds within three days. It's a new gambit after...
Samsung Electronics unveiled two ultra-compact high-resolution image sensors using advanced technologies such as dual pixels and tetracells.
Ultra-compact High-resolution Image Sensor
11 October 2017 - 7:30pm
Samsung Electronics unveiled two ultra-compact high-resolution image sensors using advanced technologies such as dual pixels and tetracells on October 11. They are expected to be selected by various...
GM Korea's slump in the Korean market is fatal as GM Headquarters is in the process of restructuring its global market.
Entering Month of Fate
11 October 2017 - 6:15pm
Last month, GM Korea sold 8,991 cars in the domestic market and was relegated by Ssangyong Motors for the first time since its foundation. GM Korea failed to sell 9,000 or more cars in Korea in five...
Concept of hybrid module mobility developed by UNIST
Charged by Pedaling
11 October 2017 - 1:30pm
The Ulsan National Institute of Science and Technology (UNIST) announced on October 10 that its research team led by professor Jung Yeon-woo and auto parts manufacturer Mando unveiled the concept of...
From left: Green Cross Laboratories Director Lee Eun-hee, Sudan Central Lab Director Dina Ahmed Hassan Ibrahim, Green Cross MS CEO Kim Young-pil, and Elrayih Hydoub, deputy chief of the Sudan Embassy in Seou.l
Bridgehead for African Market
11 October 2017 - 1:15pm
Green Cross MS and Green Cross Laboratories announced on October 10 that they have signed a memorandum of understanding (MOU) to cooperate in clinical examination sector with Sudan Central Lab, which...
Officials celebrate the completion of Hyundai Construction Equipment’s new office building in Europe.
Foothold for Takeoff
11 October 2017 - 1:15pm
Hyundai Construction Equipment Co. announced that it recently held a ceremony for completing its new office building for European business in Tessenderlo, a city located in northeastern Belgium, with...
The Monthly sales of Korean carmakers in September have improved significantly over the past month.
Stronger Performances in Sept.
11 October 2017 - 1:15pm
The Monthly sales of Korean carmakers, which have been steadily declining this year compared to last year, have improved significantly over the past month. Thus it is highly anticipated that the...

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