Penalties on Apple, Google set precedent

Stronger laws and bigger payouts may plague the firms This week’s government decision to impose penalties on the Korean units of Apple and Google for their roles in the so-called “location-gate” is being viewed as more than a slap on the wrist despite the light nature of the punishment. Above a

TechnologyAug. 4, 2011

Korean inventor considers patent suit against Miller

A Korean inventor is considering a lawsuit against MillerCoors, claiming that the new Miller Lite bottle has copied his patented design, industry sources said Thursday.The Chicago-based brewing company launched last year the Vortex bottle, which has grooves on the inside of the neck. The company exp

IndustryAug. 4, 2011

Students borrow more from private lenders

Korean students are borrowing dramatically more to pay for college and living expenses, rekindling concerns over heavy debt among young people and business practices of lenders.The Financial Supervisory Service said Thursday as of June, nearly 48,000 university students had taken out loans totaling

IndustryAug. 4, 2011

LG exec tops stock wealth list

An LG executive has been named the wealthiest man in corporate Korea in terms of stock holdings. LG Household & Health Care’s CEO Cha Suk was worth 16.34 billion won ($15.41 million) thanks to his stock riches, as he held 33,800 shares of LG Household & Health Care worth 483,500 won each as of Aug.

IndustryAug. 4, 2011

Time for Brown Revolution: UNCCD chief

The chief of the world’s only legally binding convention combating desertification urged leaders to accelerate efforts to fight degradation and regenerate soil to prevent massive food shortages.“People take soil for granted. We may survive oil peak but we will never survive soil peak,” Luc Gnacadja,

IndustryAug. 4, 2011

‘Korea to lead fight against desertification’

Korea will lead international efforts to combat desertification in Asia based on its experience of forestation, Lee Don-koo, head of Korea Forest Service said. “Korea is ahead of others in turning wasteful land into productive land. We have an important role to play in the world’s fight against dese

IndustryAug. 4, 2011

Korea to host first Asian conference of UNCCD

Korea is to play host to the world’s biggest gathering to combat desertification for the first time in Asia in Changwon, South Gyeongsang Province.Slated for Oct. 10-21, prominent desertification experts and government officials from 194 member nations of the United Nations Convention to Combat Dese

IndustryAug. 4, 2011

CJ Construc­tion’s new chief

CJ Group’s construction arm CJ Engineering and Construction Corp. named Kim Chun-hak as its new chief executive and vice president on Tuesday.   Kim Chun-hakBefore taking the post, Kim had been working for Samsung Heavy Industries Co. since 1983 and most recently served as the executive vi

IndustryAug. 4, 2011

Sohn tapped to head panel

Sohn Kyung-shik, chairman of the Korea Chamber of Commerce & Industries, has been named as new head of the Presidential Council on National Competitiveness, a government official said Thursday.President Lee Myung-bak, currently on vacation, plans to appoint him next week, the sources said. Sohn Kyun

IndustryAug. 4, 2011

Watch for food poisoning

With summer here, the intake of cold and raw food increases and, accordingly, the number of people who get sick from eating bad food increases as well. When two or more people get sick from eating the same thing (with symptoms such as vomiting, diarrhea and abdominal pain), food poisoning is the fir

TechnologyAug. 4, 2011

Keeping patients from coming back

PHILADELPHIA ― It took more than a week for doctors and nurses to get Pierre Trombert’s congestive heart failure under control and send him home from Thomas Jefferson University Hospital.But the trickier part, in some ways, was making sure he didn’t come back.Enter Joanne Heil, professional nudge.Sh

TechnologyAug. 4, 2011

New touch-screen BlackBerrys being launched

NEW YORK (AP) -- Research In Motion Ltd. on Wednesday unveiled five new BlackBerry phones with touch screens, as it hopes to revive the line‘s dwindling appeal in the face of competition from the iPhone and Android smartphones. In this product image provided by Research In Motion, the new Blackberry

TechnologyAug. 4, 2011

Korean inventor claims Miller's beer bottle design infringes on his patent

A South Korean inventor claimed Thursday that the bottle design of U.S.-based Miller Brewing Company's Miller Lite beer infringes on his patent registered here, and said he would take legal action against the global alcoholic beverage firm.The inventor, who asked to be identified only by his surname

CompaniesAug. 4, 2011