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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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Business/Company
Samsung Electronics Vice Chairman Lee Jay-yong. (Photo: Samsung Electronics) Global attention is now squarely on how Samsung Business Group steers its management decisions after a district court hands down its verdict for the imprisoned Samsung Elec…
A view of POSCO Center in Seoul. (Photo: POSCO) POSCO 2nd Qtr. profit more than doubles profit rises to 530.1 billion won from 220.5 billion won, thanks to excellent results in construction, energy and trading affiliates to cover slowdown in steel s…
President Lee Tae-jong of Hanwha Corp.’s defense business who received the Korea Prime Company Award from the Korea Academic Society of Business Administration at an awards ceremony at the Kimdaejung Convention Center in Gwangju on Aug. 21. Hanwha …
The ESS model, RESU 6.5 Silver, produced by LG Chem. (Photo: LG Chem) LG Chem has joined forces with Swedish furniture company Ikea to make inroads into the British power market. Under the collaboration, a world-class household solar energy storage …


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