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Tuesday, February 28, 2017

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LG Chem is extending its battery plant in Nanjing, China despite China’s checks on Korean battery manufacturers.
Get Ready Beforehand
15 February 2017 - 11:15am
LG Chem is extending its battery plant in Nanjing, China. It shows the company’s will to expand investment in its production facilities in China despite China’s checks on Korean battery manufacturers...
Taking Their Breathes
15 February 2017 - 11:00am
The Korean business world heaved a sigh of relief once as the Special Investigation Team announced that it was impossible for them to look into other big companies other than Samsung, considering the...
Foreign hedge funds will be able to appoint their men as auditors of six of the ten largest Korean companies including Samsung Electronics if the Separated Auditor Appointment System is introduced.
Concerns on Amendment
15 February 2017 - 10:45am
Analysis says that if an amendment to the Commercial Law pursued by the opposition parties is passed, foreign hedge funds will be able to appoint their men as auditors of six of the ten largest...
Fund of Funds
14 February 2017 - 3:15pm
The Small and Medium Business Administration (SMBA) of South Korea announced on February 13 that it would raise a fund of funds of 735 billion won (US$625 million) this year, up 21.5% from a year...
Approximately 20 companies are scheduled to go public in the KOSPI market this year.
IPO Market
14 February 2017 - 3:15pm
The Korea Exchange announced on February 13 that KOSPI recorded a total IPO value of 4.2727 trillion won (US$3.63 billion) last year to show a substantial year-on-year growth led by Samsung Biologics...
Hyundai Merchant Marine (HMM) should increase its competitiveness by securing eco-friendly and highly efficient ships now.
Economy of Scale
14 February 2017 - 3:15pm
There is a grim outlook that a low freight charge trend, which caused the global shipping industry to suffer big loss last year, will continue this year. This is because huge container ships ordered...
A controversy is breaking out as Google insists on applying HTTPS (Hypertext Transfer Protocol over Secure Socket Layer) to all web sites (Photo courtesy: Pixabay).
Part of Google Strategy
14 February 2017 - 3:00pm
A controversy is breaking out as Google insists on applying HTTPS (Hypertext Transfer Protocol over Secure Socket Layer) with stronger security features to all web sites accessed through Chrome Web...
The iOS version of Samsung SDS' EMM solution has received the Common Criteria (CC) validation by the National Information Assurance Partnership (NIAP) under the National Security Agency (NSA) of the U.S.
Enterprise Mobile Solution
14 February 2017 - 3:00pm
Samsung SDS has set a foundation to target the global market in earnest with its enterprise mobile management (EMM) solution. The company announced on Feb. 13 that the iOS version of Samsung SDS' EMM...
Hyundai Motor Group aims to succeed in commercializing advanced autonomous driving systems by 2020 and complete the development of driverless cars in 2030.
Leading Global Standard
14 February 2017 - 3:00pm
Hyundai Motor Group has pursued innovation once again to ramp up its future mobility competitiveness and dominate the market in advance. Hyundai Motor and its affiliate Kia Motors announced on Feb....
KT will erase the “world’s first” phrase from the ad for its GiGA Genie set-top box based on artificial intelligence due to the claims that the product is not the first in the world.
Not Any Longer ‘World First’
14 February 2017 - 2:00pm
KT decided to erase the “world’s first” phrase from the ad for its GiGA Genie set-top box based on artificial intelligence. This is because of claims that the GiGA Genie should not be regarded as the...
KB Financial Group Chairman Yoon Jong-kyoo, fourth from left, pose a photo with Vietnamese Prime Minister Nguyen Xuan Phuc, center, at the prime minister's official residence.
Overseas Expansion
14 February 2017 - 2:00pm
As KB Financial Group has seen achievements in its global businesses in Southeast Asia, accelerating the move of its global business, Chairman Yoon Jong-kyoo and the group's chief global strategy...
All New Cruze
Production Halt
14 February 2017 - 1:45pm
It has been found that GM Korea halted the production of the All New Cruze on February 9 due to some problems associated with an airbag component that has yet to be specified. According to industry...

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