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Incheon Airport named world’s best for 6th year

Incheon Airport was selected the Best Airport Worldwide for the sixth consecutive year. (Yonhap News) Incheon International Airport was selected the Best Airport Worldwide in Airport Service Quality...

Updated : 2011.02.16 11:17

Creditors to extend deadline for Daewoo Electronics sale

Creditors of Daewoo Electronics Corp. have decided to give two more months to Entekhab Industrial Group to help the Iranian electronics firm finance a deal to buy South Korea's third-largest electron...

Updated : 2011.02.16 11:01

Samsung updates bada mobile platform

BARCELONA, Spain (Yonhap) -- Samsung Electronics Co., the world's second-largest maker of mobile phones, said Wednesday that it has released the updated version of bada, the company's proprietary mob...

Updated : 2011.02.16 11:01

S. Korean shipbuilders fall far behind Chinese rivals in Jan.

South Korea failed to regain its status as the world's leading shipbuilding nation in January as it lagged behind China in key indicators, data showed on Wednesday. According to London-based market ...

Updated : 2011.02.16 11:01

Hyundai, Samsung seek alliance

Carmaker, electronics company nearing deal to develop ‘smart car’ Hyundai Motor Co. and Samsung Electronics seek to collaborate in developing an automobile-smartphone link-up, sources said Tuesday...

Updated : 2011.02.15 19:48

Daum 2010 net nearly quadruples

Daum Communications Corp., the operator of Korea’s second-most visited search engine, said Tuesday that its earnings almost quadrupled last year from a year earlier on increased ad-based revenue. Ne...

Updated : 2011.02.15 19:33

MS says to bring full power of Web to phones

Multitasking, speedy IE9 coming to windows phone BARCELONA (AFP) ― Microsoft announced Monday an Internet-friendly revamp of its Windows Phone operating system to help capture new territory in the ...

Updated : 2011.02.15 19:19

EU ministers agree on larger bailout fund

Eurozone to put up $674b for post-2013 bailout fund, disagreement over debt crisis BRUSSELS (AP) ― European finance ministers decided Monday to provide 500 billion euros ($674 billion) for a new cr...

Updated : 2011.02.15 19:18

Hyundai Heavy adds to SMEs R&D support

The world’s largest shipbuilder Hyundai Heavy Industries announced on Tuesday that it would set up a 30 billion won ($27 million) fund for supporting small and medium sized enterprises’ research an...

Updated : 2011.02.15 19:01

Samsung to release low-end smartphone

Device will be priced below $150; company aims to sell 300m cell phones, 7.5m tablet PCs and 6m samrtphones this year BARCELONA, Spain (Yonhap News) ― Samsung Electronics Co., the world’s No. 2 ce...

Updated : 2011.02.15 12:10

Apple developing smaller, cheaper iPhones: report

WASHINGTON (AFP) ― Apple is developing new lines of smaller and cheaper iPhones and overhauling its software to facilitate users’ access to entertainment, photos and video, The Wall Street Journal ...

Updated : 2011.02.14 19:06

Korea Resources, Daewoo submit bid for Australian coal miner

Daewoo International Corp., the trading company controlled by Posco, and Korea Resources Corp. made an initial bid for Whitehaven Coal Ltd., an Australian producer with a market value of A$3.6 billio...

Updated : 2011.02.14 18:47

LG to help nurture bilingual specialists

LG Group said Monday that it would provide bilingual education to 400 children from multicultural backgrounds. In a joint effort with Hankuk University of Foreign Studies, the country’s fourth-large...

Updated : 2011.02.14 18:46

Hanjin Heavy to close over labor dispute

Shares in Hanjin Heavy Industries & Construction tumbled on Monday after the Korean shipbuilder said it decided to shut down three operations in Korea due to labor strife. Hanjin said in a statement...

Updated : 2011.02.14 18:46

Global telecoms closer to offering open mobile app platform

Major telecoms, including Korea’s KT Corp. and SK Telecom, have moved a step closer to commercializing an open mobile applications platform established by a multinational alliance of telecoms and de...

Updated : 2011.02.14 18:45