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President Park gives her commemorative speech at the Invention Day anniversary event.President Park Geun-hye said her government plans to create an optimum environment so that creative aspirations and innovative determination can be well protected and in full blossom.“Policy capability will be conc…
KT Chairman Lee Suk-chae delivers a speech at a ceremony to kick off the 2013 business year on Jan. 2. “Even though its core business, wire/wireless businesses collapsed KT overcame the challenge with passion and sweat of employees without structural adjustment and any change of ownership…
A ceremony to celebrate the 12th anniversary of Machine Tool Day took place at the Renaissance Seoul Hotel on Dec. 6 with about 400 people from government, industry and academic circles in attendance.  In 2001, the government designed the first Thursday of December each year as “Machine Tool D…
KT showcased the Kibot 2, a smart robot focusing on educational services, at Robot World 2012, a world-class robot fair held from Oct. 25-28 at KINTEX, north of Seoul.Robot World 2012 attracted about 200 robot makers and research institute exhibitors from 10 countries, which displayed state-of-the-a…
T he Global Materials Technology Forum & World Premier Materials Marketing Session brought together about 500 Koreans, foreign materials experts and industry people at KINTEX in Ilsan, north of Seoul, from Oct. 31-Nov. 1 to share technology development trends along with the latest research outco…
Korea Environmental Industry & Technology Institute (KEITI) is striving to explore environmental R&D tasks to address pending and future environmental issues as their strategic projects, ramp up international networks for accelerating Korean firms’overseas market entry and make green produc…
SK Telecom (NYSE: SKM) said on Sept. 6 that its LTE subscribers surpassed 5 million, in just one year since releasing Korea’s first-ever LTE smartphone in September 2011. The company becomes the third among around 90 LTE service providers across the globe to achieve the milestone of 5 million LTE s…
U.S. Cellular and Samsung Telecomm-unications America, LLC, have announced that the Samsung Galaxy Metrix 4G is available online at uscellular.com and in stores. The Android-powered smartphone runs on the 4G LTE network, with speeds up to 10 times faster than 3G. The Galaxy Metrix 4G sells for $179 …
The government has launched the “Giga-KOREA Project,” calling for the development of Gbps broadband connections by 2020, 40 times faster the current broadband infrastructure. The inter-ministry project is a roadmap for not just upgrading network infrastructure, but also pursuing shared growth…
The government has launched the “Giga-KOREA Project,” calling for the development of Gbps broadband connections by 2020, 40 times faster the current broadband infrastructure. The inter-ministry project is a roadmap for not just upgrading network infrastructure, but also pursuing shared growth…
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Economy/Finance
Chairman Hwang Rok of Korea Credit Guarantee Fund(KODIT) Chairman Hwang Rok of the Korea Credit Guarantee Fund (KODIT) said on Feb. 27 that he will run KODIT in such a way as to create jobs by extending financial guarantees to promising startups to …
Chairman Yoon Jong-kyoo of KB Financial Group, 5th R, and is welcomed by PM Nguyen Xuan Phuc of Vietnam, 4th R, at the Prime Minister’s Office in Hanoi, Vietnam, as they meet at a reception to celebrate the 25th anniversary of the opening of the dip…
President Wi Sung-ho of Shinhan Bank answers the reporters at a recent media meet following his official inauguration as the new CEO of Shinhan Bank. (Photos: Shinhan Bank) President Wi Sung-ho of Shinhan Bank said on March 7 that he will steer the …
Chairman Kim Jung-tae of Hana Financial Group.(Photos: KEB Hana Bank)Hana Financial Group posted 1.345 trillion won in net profit in 2016, up nearly 50 percent YoY, the largest net profit since 2012 when the Hana Bank merged with the Korea Exchange B…


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