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IT/Science
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…
“KT will make it possible for any young Korean to reach into the world market solely with their ideas,” said KT Chairman Lee Suk-chae.Lee made the remarks during a meeting with reporters on Sept. 17 in which he unveiled plans to develop the country’s content ecosystem so that any individuals and …
Samsung Electronics’latest smartphone, the Galaxy S3, has surpassed the 20 million mark in the number of units sold globally 100 days after making its global debut on May 29. It means that an average of 200,000 Galaxy S3 units have been sold on a daily basis. Galaxy S3 joined the list of  …
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 …
Apple, which won a victory in the first round of U.S. patent lawsuits against Samsung Electronics, particularly over the latter’ s infringement on design patents, has been strengthening its patent litigation offensive. Apple filed with a federal court in California on Aug. 31 another patent la…
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…
KT has announced a plan to reorganize its management system, calling for spinning off future potential areas - media contents, satellite services, and real estate. The telecom provider’s announcement of the reorganization comes almost 10 years after it was privatized and three years after it i…
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Economy/Finance
최종구 금융위원장이 고(高) 총부채원리금상환비율(DSR) 기준에 대해 은행업권 별로 차등화한다는 입장을 밝혔다.또 고DSR 기준으로 취약계층 차주들이 겪는 대출의 어려움을 고려해 DSR이 제외되는 서민상품금융을 확대하는 방안을 마련하기로 했다.16일 최종구 금융위…
Chairman Yoon Jong-kyoo of KB Financial Group speaks at a ceremony for the opening of KB Kookmin Bank’s third branch in Cambodia early last year. (Photo: KB Financial Group)Chairman Yoon Jong-kyoo has been on a trip to Southeast Asia after stopovers…
Chairman Eun Song-soo of the Import and Export Bank of Korea(Korea Eximbank),left, beams after signing an EDCF loan agreement with Chairman Tarek Gamal El-Din Galal of the Egyptian Authority for Tunnels on Aug. 28 at Korea Eximbank’s Seoul head offi…
President Sohn Tae-seung of Woori Bank. (Photo: Woori Bank)Woori Bank is on track to accomplish the seven management tasks laid out by Chairman Sohn Tae-seung when he took over the helm of the bank last December.The tasks included securing a foundati…


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