Articles by Shin Ji-hye
Shin Ji-hye
shinjh@heraldcorp.com-
SK Planet eyes Indonesia’s e-commerce market
Customers in Indonesia will soon have a faster, easier and much more entertaining open market experience thanks to SK Planet, Korea’s leading online and mobile service platform provider.On Wednesday, the company announced the launch of its much-awaited open market Elevenia (www.elevenia.co.id) to make a foray into one of the fastest-growing countries in Southeast Asia.Elevenia was created in partnership with Indonesia’s second-largest telecom operator, XL Axiata. The name was coined from the wor
Industry March 19, 2014
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Cyber security becomes crucial for business
Protecting personal information has become one of the most important factors in determining corporate competitiveness in the wake of massive data leak scandals a cybersecurity academic has said. “If privacy fears continue, consumers will lose trust in the companies and this can put them in serious trouble,” said Lim Jong-in, dean of Korea University’s graduate school of information security, in an interview with The Korea Herald. Cybersecurity issues have been growing in Korea over the last few
Industry March 19, 2014
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Shinsegae eyes expanding EV charging station market
Shinsegae, one of the nation’s largest department store franchises, is contemplating expanding further into the electric vehicle charging station market, according to industry sources on Monday.The company is considering setting up charging stations at Shinsegae department stores in Seoul on top of deploying them at its retailer Emart.Last week, Shinsegae said it would establish EV charging stations at 60 of the Emart locations that it operates. Emart is currently the biggest discount store bran
Industry March 17, 2014
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[Newsmaker] KCC nominee to fight illegal subsidies
Korea Communications Commission’s chair-nominee Choi Sung-joon vowed to eliminate excessive, illegal smartphone subsidies in the nation’s telecom market on Saturday. “The vicious cycle causing users to run out and buy cheaper smartphones at dawn should end. I will put the utmost effort into eradicating excessive smartphone subsidies with several policies,” Choi, a former judge, told reporters on his way to work in Gwacheon city. His remark came one day after his nomination by President Park Geun
March 16, 2014
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US retail sales rebounded 0.3 percent in February
U.S. retail sales bounced back in February after suffering a steep decline during a bitterly cold January. Shoppers spent more on autos, clothing and furniture.The Commerce Department says seasonally-adjusted retail sales rose 0.3 percent in February. Spending had fallen 0.6 percent in January and 0.3 percent in December.The increase suggests that consumer spending has started to recover after being tempered by snowstorms and freezing temperatures that blanketed much of the country.Auto sales ro
World News March 13, 2014
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Rsupport to set up joint venture with NTT Docomo
Local software provider Rsupport signed a deal with Japan’s leading mobile phone operator NTT Docomo to launch a joint entity named “Mobidoors” on March 25, Rsupport said Wednesday. “Rsupport’s specialized services and NTT Docomo’s global business experiences are expected to create synergy in technology, sales and brand power,” said Seo Hyeong-soo, CEO of Rsupport. Through Mobidoors, Rsupport aims to sell its remote operation and support systems for smartphone users to global mobile carriers in
Industry March 13, 2014
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Greek unemployment rises to 27.5 percent
Official figures show the unemployment rate in Greece increased to 27.5 percent in the fourth quarter of 2013 as the economy struggled to emerge from a protracted recession.Thursday's figures from the statistics agency showed the jobless rate increasing from 27 percent in the third quarter of 2013 and from 26 percent in the same three months of 2012.Greece, a country of about 10 million people, has 1.36 million people out of work, the figures showed. Young people are the most severely affected,
World News March 13, 2014
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Koreas discuss arbitration procedures for Kaesong
An inter-Korean panel on the arbitration of legal disputes discussed details of arbitration procedures and rules at its meeting held on Thursday, the unification ministry said.The meeting at the jointly run factory park in the North's western border city of Kaesong is the first of its kind since 2000 when the rival Koreas adopted a deal on solving legal disputes through arbitration.The two sides had substantial discussions on the arbitration rules to be applied once the panel starts its business
North Korea March 13, 2014
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Japan engineer arrested over corporate espionage: reports
Japanese police have arrested an engineer who allegedly leaked Toshiba trade secrets to South Korean chipmaker SK Hynix, reports said Thursday.Yoshitaka Sugita, 52, was taken into custody over allegations that he copied sensitive research data for Toshiba's NAND-type flash memory and handed it to the rival firm, major Japanese media including public broadcaster NHK reported.In 2008, Sugita was working for Toshiba partner SanDisk where he copied the sensitive data about Toshiba's key technology -
Technology March 13, 2014
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Porsche revs up Volkswagen earnings
German automaker Volkswagen is raising its dividend after turbocharged earnings from its Porsche luxury line offset a slip in revenues from mass-market cars.The automaker said Thursday that 2013 operating earnings, which don't count tax and one-time charges, rose slightly to 11.7 billion euros ($16.3 billion) from 11.5 billion euros last year. That was enough for it to raise the dividend to 4 euros per ordinary share, from 3.50 euros.Porsche, maker of the 911 sports car and Cayenne sport-utility
Mobility March 13, 2014
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Japan, N. Korea to resume talks next week in China: officials
Japan and North Korean government and Red Cross officials will resume talks next week in China, after holding their first meeting since 2012 earlier this month, officials said Thursday.The upcoming talks, scheduled for March 19 and 20 in the northern Chinese city of Shenyang, will draw foreign ministry officials from the two countries as well as senior members of their Red Cross societies.They will discuss on-and-off visits by Japanese nationals to the graves of family members who died in North
North Korea March 13, 2014
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China belatedly reports 31 dead in tunnel blast
The death toll from a little-reported road explosion was disclosed Thursday to be a much higher 31, nearly two weeks after the blast shook a highway tunnel in northwestern China.The city government of Jincheng in Shaanxi province said a team assembled by the State Council to investigate the blast met Thursday in the city to brief on the latest developments. It said another nine people were missing.The city statement came minutes after China concluded its annual meeting of its ceremonial congress
World News March 13, 2014
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MDS to expand car tech business
The nation’s largest embedded software provider, MDS Technology, is shifting its focus toward smart car technology. Embedded software is built into vehicles, digital devices or aircrafts to control them, offering high levels of efficiency and safety. “The transition to the automotive business was not an option but a necessity,” said Chang Myung-sub, managing director of MDS Technology, in an interview with The Korea Herald. For the last three years, the demand for its software from the smartphon
Technology March 12, 2014
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Man arrested for trading 12 million people’s data
The Busan Metropolitan Police Agency arrested a suspect involved in the trade of personal information of more than 12 million people, according to a police statement on Tuesday. The police arrested one suspect who sold personal information, and booked 17 buyers without detention.The suspect allegedly bought personal information from illegal distribution dealers in China and used it for marketing credit brokerage and mobile telecom services, the police said. Among the leaked personal information,
Industry March 11, 2014
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NCsoft plans May launch of ‘Blade & Soul’ in Japan
Local game company NCsoft will launch its flagship game “Blade & Soul” in the Japanese market in May, according to a company statement on Monday. “Blade & Soul” is a massively multiplayer online role-playing game based on fantasy martial arts. Following its limited trial service, to run for three days starting May 13, the MMORPG game will officially roll out on May 20. The company said it would charge a monthly fee and players can purchase additional items. The price will be announced at a later
Industry March 10, 2014
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