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The Electronics and Telecomm-unications Research Institute (ETRI) has developed a new concept eye track technology for user interface (UI)-based interaction, dubbed “Personal Knowledge Digest.”ETRI announced the development of the technology on July 12, which will provide the information people wa…
R&D Korea 2012 held at COEX in Seoul from June 28-30 has served as an opportunity to take a look at the major R&D outcomes and the latest technologies the Korean industrial technology sector has achieved.  Minister Hong Suk-woo of the Ministry of Knowledge Economy (MKE), Hwang Chang-kyu…
 KT has announced future strategies to become a global convergence leader by chalking up 4 trillion won in overseas business by 2015Kim Hong-jin, chief operating officer of KT Global & Enterprise, said on July 12 that KT, the country’s biggest fixed-line service operator, has its sights se…
The Korea Communications Commission (KCC), Korea Internet & Security Agency (KISA) and the National Alliance for Creating a Beautiful Internet World (Ainse) held a ceremony to declare June 11-16 as “Ainse 2012 Week.” Among the approximately 300 people on hand at the ceremony at the Seoul …
SK Telecom is showing off its latest ICT technologies such as 4G Long-Term Evolution (LTE), using Expo 2012 Yeosu as its stage. Yoon Jong-jin, head of SK Telecom's public relations team, said the nation’ s largest telecom provider is offering full-fledged LTE coverage of the Expo site and its …
Seo Yu-Yeol, president in charge of KT’s Home Business Group said, “The year 2012 will mark a watershed for implementing full-fledged smart home projects and achieve an operating profit turnaround.” The following are excerpts from a written interview between NewsWorld and President Seo in which h…
Korea will diversify wheat, corn and other grain import sources to Brazil, Switzerland, and Ukraine in order to purchase imports at cheaper prices, said Kim Jae-soo, president of the Korea Agro-Fisheries & Food Trade Corporation, better known as the aT . “Through our organizational channel…
KT Corp. Chairman Lee Suk-chae declared his company’s new vision of becoming a global media distributor selling virtual goods.Lee unveiled the vision for the second phase of KT’s “olleh” management, named after a company brand, at a news conference on March 19. He was recently given the green li…
The National Science & Technology Commission (NSTC) is seeking to restructure government-supported research institutes (GRIs) in order to boost information exchange and convergence study by tearing down their barriers.“Korea is on the threshold of becoming an advanced economy. Now is the time (…
In an era of convergence, an individual technology is less significant, but convergence technologies do matter, and manpower and policy need to be complemented with each other ,” said Park Sang-Dai, president of the Korean Federation of Science and Technology Societies (KOFST). “We’re now ba…
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Economy/Finance
Chairman Yoon Jong-kyoo of KB Financial Group.(Photo: KB Financial) KB Financial Group’s net profit for the first quarter of this year came in at an impressive 870.1 billion won, up 59.7 percent year-on-year.  The stellar performance was driv…
Chairman Cho Yong-byoung of Shinhan Financial Group.(Photo: SFG) Shinhan Financial Group posted a net profit of 997.1 billion won in the first quarter, up 29.3 percent from 771.4 billion won in the same period last year. The result is a whopping 62.…
Chairman Kim Yong-hwan of NH Financial Group shakes hands recently with an official while on a tour of the IT Center of the group.(Photo: NH Financial) NongHyup Financial Group Chairman Kim Yong-hwan said he always puts principles above all in solvi…
President Wi Sung-ho of Shinhan Card explains the advantages of the credit card firm’s FAN Pay Bots, an Artificial Intelligence(AI) consumption management service on March 15 President Wi has now been transferred to run Shinhan Bank as President and…


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