Most Popular
-
1
Tensions heighten ahead of first president-opposition chief meeting
-
2
Seoul to provide housing subsidy to married couples with newborns
-
3
[KH Explains] No more 'Michael' at Kakao Games
-
4
Rapper jailed after public street fight with another rapper
-
5
Woman gets suspended term for injuring boyfriend with knife
-
6
Samsung chief bolsters ties with Germany’s Zeiss
-
7
NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
-
8
Med schools expect 1,500+ new admission slots next year
-
9
Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
-
10
KT launches new mobile plans for foreign residents
-
Kia to get tax benefits in Georgia State
The U.S. state of Georgia will provide Kia Motors with tax benefits for the coming 16 years, in reflection of the carmaker’s major contribution to the regional economy, company officials said on Thursday.Kia Motors, which operates manufacturing plants in West Point, Georgia, recently signed a pact on mutual investment with five municipal governments in the state.The pact features reduction and exemption of a variety of taxes between 2013 and 2029 and fiscal support from the local governments for
IndustryNov. 29, 2012
-
U.K. court to hear Samsung claim on Apple violation
Samsung Electronics will argue Apple Inc. smartphones use its protected technology without authorization in a London trial starting Thursday. Samsung claims Apple infringed patents key to how phones send and receive information on third-generation mobile networks. Apple argues the patents aren’t valid and, regardless, Samsung must license the technology’s use under fair terms if it’s vital for connecting to modern networks, according to the iPhone maker’s court filings. The two companies continu
IndustryNov. 29, 2012
-
Samsung Electronics, partners discuss shared-growth plan
Samsung Electronics officials discussed next year’s shared-growth plan with its partners at Sungkyunkwan University’s Suwon campus on Thursday, the company said.High-ranking Samsung officials and about 450 first- and second-tier subsidiary firms of the tech giant assessed their business-to-business communication and difficulties in operation. “In this time of great challenge, calls for change and communication are key for strengthening corporate competitiveness,” Samsung Electronics’s co-prosper
Nov. 29, 2012
-
Samsung Techwin probed over gun parts
Samsung Techwin is facing a barrage of criticism following a recent investigation by the prosecution on allegations that the company was installing used parts for assembling critical artillery weapons. On Thursday, the special investigation team of the Changwon district prosecutor’s office raided the manufacturing plants of Samsung Techwin that produce K-9 guns, and also the Defense Agency for Technology and Quality.The investigation, requested by of the Board of Audit and Inspection, was based
IndustryNov. 29, 2012
-
Hyundai, Kia unveil new cars at L.A. motor show
South Korean automakers Hyundai Motor Co. and Kia Motors Corp. said Thursday that they have premiered a new concept car and showcased new models at a U.S. auto show in a bid to strengthen their presence in the world’s second-biggest market.Hyundai said it unveiled its Veloster C3 concept for the first time at the 2012 Los Angeles International Auto Show that runs through Dec. 9.The new Veloster concept is a three-door convertible with Hyundai’s gamma 1.6-liter turbocharged gasoline direct inject
MobilityNov. 29, 2012
-
Daewoo Shipbuilding offers jobs to high school graduates
Daewoo Shipbuilding & Marine Engineering, the nation’s second biggest shipbuilder, is developing a different model for recruitment of high school graduates in Korea by running a corporate university. The company started inviting high school graduates to apply to the DSME Heavy Industries Academy on Monday. The academy was established in Geoje, South Gyeongsang Province last year, where the shipbuilder’s headquarters is located. It is not common for a Korean company to set up a corporate universi
Nov. 29, 2012
-
BMW Korea to nurture future scientists
BMW Korea unveiled Thursday a new program aimed at offering science education to children and nurturing their dreams. The Junior Campus program will start next month, benchmarking one of the programs of BMW Group’s Welt, a multi-functional customer experience and exhibition facility in Munich. BMW Korea Future Fund, the first social contribution organization set up by a foreign carmaker here, will be responsible for operating the program. It is the first time the BMW program will be carried out
MobilityNov. 29, 2012
-
LG fridges recognized in U.S.
LG Electronics said Thursday it is aggressively moving to gain a bigger share in the U.S. home appliance market with refrigerators that have been deemed environmentally sustainable.The company said that it has become the first major Korean appliance manufacturer to be certified by the CSA Group to meet the industry’s Sustainability Standard for Household Refrigeration Appliances.A total of nine of its refrigerators, including the well-known French Door models and LG ThinQ “smart” models, have me
IndustryNov. 29, 2012
-
Cellphone addiction called pathological
Cellphone addiction shows similarities to compulsive buying and credit card misuse, a study by marketing researchers at Baylor University in Texas found.Addiction to cellphones and to text messaging are driven by materialism and impulsiveness and can be compared to other consumption pathologies, the researchers said."Cellphones are a part of our consumer culture," Baylor marketing Professor James Roberts said. "They are not just a consumer tool, but are used as a status symbol. They're also erod
TechnologyNov. 29, 2012
-
Japan mobile phone will monitor skin condition
TOKYO (AFP) -- A mobile phone that monitors the user’s skin condition, checking for blemishes and colour, was unveiled in beauty-conscious Japan on Thursday.The “Hada Memori” (skin memory) programme allows women to keep tabs on their complexion and track changes over time by storing records in the cloud.Users can also share their data through social networking sites, said IT giant Fujitsu, which plans to use the information to target advertising of beauty products.A spokeswoman said the skin sys
TechnologyNov. 29, 2012
-
NASA warns on negative impact of 2012 doomsday rumors
NASA scientists on Wednesday attempted to squash rumors that the world is coming to an end on Dec. 21, and warned of negative effects deriving from such fears.“There is no true issue here. This is just a manufactured fantasy,” said NASA’s astrobiologist David Morrison during a NASA Google+ Hangout event. “While this is a joke to some people and a mystery to others, there is a core of people who are truly concerned.”According to a report on the Livescience website, Morrison and other NASA officia
TechnologyNov. 29, 2012
-
S. Korea delays scheduled launch of space rocket
South Korea's third attempt to send a space rocket from its own soil was again pushed back Thursday due to problems in the upper second-stage rocket of the Korea Space Launch Vehicle-1.When the launch will be possible was to be determined later, according to Cho Yul-rae, vice minister for science and technology."Abnormal signals from the thrust vector system of the upper (second) stage rocket of Naro have been detected," he told a press briefing.Thrust vectoring refers to the ability of an aircr
TechnologyNov. 29, 2012
-
Social media as weapon against disease?
Social media posts and tweets may be just what the doctor ordered when it comes to stopping diseases from spreading, researchers at Kansas State University say.A well-timed post or tweet from a public authority or trustworthy person could be as beneficial as flu shots, hand-washing or covering the mouth during a sneeze, they said.“Infectious diseases are a serious problem and historically have been a major cause of death,” said Faryad Sahneh, a doctoral candidate in electrical engineering who is
TechnologyNov. 29, 2012
-
Korean manufacturers' biz sentiment for Dec. hits near 4-year low
South Korean manufacturers' business confidence for December declined to a near four-year low as the growth outlook remained bleak amid the global economic downturn, the central bank said Thursday.The index of manufacturers' outlook on business conditions came in at 67 for December, down from 70 tallied for November, according to a monthly survey by the Bank of Korea (BOK). The index measures manufacturers' expectations for the coming month.The December data marked the lowest reading since the i
IndustryNov. 29, 2012
-
Seoul shares start higher on U.S. gains
South Korean stocks opened higher Thursday as investor sentiment got a boost from overnight gains on Wall Street following a brighter outlook on the U.S. fiscal cliff issue, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) climbed 14.22 points, or 0.74 percent, to trade at 1,927.00 in the first 15 minutes of trading.Shares gathered ground across the board, with market bellwether Samsung Electronics increasing 0.28 percent, while leading carmaker Hyundai Motor climbed 1.34 pe
Nov. 29, 2012
-
Apple wins partial Dutch ban on Galaxy devices in Samsung clash
Apple Inc. (AAPL) won a Dutch sales ban on some of Samsung Electronics Co. (005930)’s older Galaxy tablets and smartphones after a Netherlands court ruled in a patent lawsuit. Samsung’s Galaxy products using certain versions of Google Inc (GOOG)’s Android operating system infringe an Apple patent describing a way to navigate images in a photo gallery, Judge Peter Blok said today. Samsung last year tweaked a feature on the smartphones to bypass a Dutch injunction. Today’s ban concerns products th
IndustryNov. 29, 2012
-
Final rehearsal yields no major problem for launch of space rocket
No issue that might lead to a forced delay of South Korea's scheduled launch of a space rocket was found in a final rehearsal Wednesday, launch organizers said.They said the analysis of data obtained in the launch rehearsal confirmed the launch of Korea Space Launch Vehicle-1 (KSLV-1), also known as Naro-1, on Thursday is "technically possible.""A comprehensive evaluation and analysis of the data showed the launch of Naro space rocket tomorrow is technically possible," the Korea Aerospace Resear
TechnologyNov. 28, 2012
-
LGE carries out performance-based reshuffling
LG Electronics on Wednesday underwent regular personnel reshufflings that recognized the contributions of key people. In total, 38 executives were promoted, including two chief executives and three vice presidents.Three of the five newly appointed top executives hailed from the home appliance division.In total, three of the five newly appointed top executives hailed from the home appliance division. Executive Vice President Jo Seong-jin, head of the washing machine department, was promoted to vi
IndustryNov. 28, 2012
-
Naro rocket set for third attempt
The Korea Space Launch Vehicle-1, or Naro rocket, is set for its third launch on Thursday. If successful in putting a scientific satellite mounted on the rocket into orbit, Korea will become the 10th country with its own capability to develop and launch a rocket.The first attempt ended in failure 540.8 seconds after the launch due to malfunction of a fairing, a cover for the payload satellite, in August 2009.The rocket failed a second time, exploding 137.3 seconds after launch in June 2010. The
TechnologyNov. 28, 2012
-
Shinhan staff’s volunteer activities
Shinhan Bank is carrying out corporate social responsibility activities with its company-wide volunteer group led by its president.Over 46,000 employees participated in volunteer work last year, each devoting an average of 10.1 hours, according to the bank. “We are not doing it to make simple donations or to take credit. Our employees seem to have, instead, internalized a sort of CSR DNA. We are earnestly participating in volunteer work,” Shinhan officials said in a statement. The bank commenced
IndustryNov. 28, 2012