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 …

The Ministry of Land, Transport and Maritime Affairs (MLTM) has announced the launch of studies on mass producing biohydrogen using ‘extremophile’ microbes living in deep-sea vents.A ceremony to dedicate a plant to conduct experiments based on the outcomes of studies on marine biomass hydrogen too…

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…

Doosan Corp. Chairman Park Yong-man, Hyosung Corp. President Jung Yun-taek, and Samil Spinning Co. Chairman Ro Hee-chan were awarded the Order of Industrial Service Merit, Gold Tower, at the Commerce Day anniversary ceremony in Seoul on March 21.The three were among 247 people who won orders and oth…

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 (…