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monica
Friday, July 25th, 2014

Back in 2004 when ICT was viewed as a silver lining for the S. Korean economy, The Korea IT Times embarked on a journey towards an untraveled destination called “ICT Korea”.

Column

jeonbyungseo
Friday, July 25th, 2014

It is now the time for G1 or G2 meeting, not a another G7 or G20. In other words, this is the era of O(bama) X(ijinping).It is the United States of America that is playing a critical role in recovering the global economy, which is mired in the financial crisis,by pouring $3.7 trillion under the name of QE1, 2, 3, and 4.

Special Features

13
Monday, July 21st, 2014

Changes in IT technologies are fearsomely fast. IT products that were widely used a couple of years ago are no longer in use today. IT companies that were expected to flourish forever sometimes go under overnight. The Korea IT Times has kept pace with the times, closely following rapid changes in IT technology over the past decade.

Software

Wednesday, July 2nd, 2014

The world software market is valued at $1.3 trillion. The Korean government, to position itself at the head of the IT industry, has launched the 'Actualizing Creative Economy' to support measures for preeminence in software innovation. Since 2012 the government has invested a sizable portion of its budget into this effort.

Technology

samsung
Saturday, July 12th, 2014

With Samsung Electronics' business performance falling short of market expectations, some are wondering if the earning shock is intentional. Many business experts are wondering how the well-organized Samsung control tower system didn't do anything in a situation where its operating profit decreased by about 15% compared with that from the previous quarter.

Finance

Hyundai Heavy in Danger of Losing
Friday, August 1st, 2014
Korea Ratings and NICE Investors Service said on July 31 that their "AA+" rating given to Hyundai Heavy Industries will be under review. It is likely the world's No. 1 shipbuilder is in danger of losing its "AA+" rating after six years.

Reporter's Notebook

geunhye
Monday, July 14th, 2014

The Park Geun-hye government has recently received a report card on its economic policy over the past two years. Since the Park Geun-hye government emerged a few months after the Japanese government changed hands in 2012 and since both governments unveiled their economic policies (dubbed as ‘Geunhyenomics’ and ‘Abenomics’, respectively) over the same period, many have been tempted to draw a comparison between Geunhyenomics and Abenomics.

Cybersecurity

table1
Monday, July 14th, 2014

As financial fraud gains prevalence, the financial sector has accepted theFraud Detection System(FDS). Financial authorities have planned FDS construction in credit card and insurance companies to be applied to the entire sector including banks and securities through comprehensive measures to improve electronic financial security and recommended all banks to have it put in place by the end of the year. Though not mandatory,banks are willing to accept FDS within the year to prevent electronic financial incidents from occurring more frequently.

Cover Stories

1
Tuesday, July 15th, 2014

In 2020 Mr. Do Min-jun (37) is in New York for a 3-day business trip. He married Ms. Na Young-sim 7 years ago and has one cute daughter named Mina (7).

ITU PP 2014

logo
Friday, July 11th, 2014

- Opportunities to see the trial runs of next-generation mobile network “5G technology,” big data technologies, cloud computing services and IoT

Now, S. Korea has approximately 100 days to go before the 2014 ITU Plenipotentiary Conference, often referred to as the ICT Olympics, kicks off in October in Busan, the second biggest city in the nation.

Real-time News

Friday, August 1st, 2014
Samsung C&T regained its No. 1 position in construction capabilities after nine years. In a 2014 construction ability evaluation conducted by the Ministry of Land, Infrastructure, and Transportation on all contractors, Samsung C&T was ranked at the top with the assessment amount of 13,120.8 billion won.
Friday, August 1st, 2014

 Kakao Inc. will plunge into the taxi business. With its user base by the millions of KakaoTalk members, it will establish a system by which users can call a taxi cab and check reviews of each and every chauffeur.

Friday, August 1st, 2014
From next year at the earliest, anyone who is feared for financial loss after a personal information breach will be permitted to change her national identification number.
Hyundai Heavy in Danger of Losing
Friday, August 1st, 2014
Korea Ratings and NICE Investors Service said on July 31 that their "AA+" rating given to Hyundai Heavy Industries will be under review. It is likely the world's No. 1 shipbuilder is in danger of losing its "AA+" rating after six years.
Friday, August 1st, 2014
The government will make R&D investment of more than 1 trillion won in basic science and technology next year. In addition, it will expand support to entrepreneurial firms and small businesses.
2
Thursday, July 31st, 2014

The 38th story of a full-length business novel.

In the past and recent years, the world powers were and are ambitious and power-hungry.

uhd tv
Thursday, July 31st, 2014
SEOUL, KOREA - The market share of Samsung Electronics in North America has hit a record-high level. In addition to the conventional flat TV, the company took the leadership in the new markets of curved and ultra TVs, getting close to reaching the world's No. 1 position in the TV market for nine consecutive years.
1
Thursday, July 31st, 2014
SEOUL, KOREA - The biomimetic "robot fish" developed during the previous Lee Myung-bak Administration intended to monitor water quality in the nation's major river systems turned out to be defective or incapable of performing the functions as they were designed.
Thursday, July 31st, 2014
SEOUL, KOREA - A new mobile bank passbook will be introduced soon. Woori Bank said on July 30 that it would launch the "Woori Mobile Passbook" in August by which users can make transactions such as fund deposit, withdrawal, and loan extension with their smartphones. Users of smartphones based on the Android operating system can download the app from August 1. Those who use Apple iOS-based smartphones can download the app from the 11th.
hyatt
Thursday, July 31st, 2014
SEOUL, KOREA - Hyatt Regency Incheon near Incheon International Airport will be reborn as Grand Hyatt Incheon under the management of KAL Hotel Network.
aa
Thursday, July 31st, 2014
SEOUL, KOREA - Doosan Infracore, a Doosan Group company specializing in construction machinery such as excavators, has completed on July 30 the construction of an R&D center in Incheon's Hwasu-dong that can accommodate 1,000 research staff members. The company will gather together 800-or-so research workers in the areas of construction machinery and engine to the new R&D center currently scattered around in Songdo, Suji, and Incheon.
Thursday, July 31st, 2014

HONG KONG - The GSMA today announced the first keynote speakers for the Mobile 360 Series-North America conference, including leaders from organisations such as AirWatch by VMware, AT&T, the FCC, Jasper Wireless, Syniverse and ZTE. Mobile 360-North America will take place 22-23 September at the W Atlanta – Midtown in Atlanta and will be co-located with Mobility LIVE! 2014. The GSMA also announced AT&T as the Platinum sponsor for the conference.

Thursday, July 31st, 2014

AUSTIN, TEXAS - Is it the network or the application? SolarWinds (NYSE: SWI), a leading provider of powerful and affordable IT management software, today announced it's helping network engineers answer this business-critical question with its latest release of SolarWinds Network Performance Monitor (NPM).

Thursday, July 31st, 2014

MOUNTAIN VIEW, US - Frost & Sullivan, the growth partnership company announced that its flagship will feature a program for the firm's investor, advisor and economic development clients for the first time. This program is designed to help investment professionals identify the most attractive opportunities in new technologies and markets, and tap into networks driving innovation across different applications and business models globally.

Thursday, July 31st, 2014

PRINCETON, NJ - Wharfedale Technologies Inc. (WFT), a leading IT services and consulting firm, announced today it has successfully migrated TransAlta’s SAP production landscapes from its physical environment to a virtualized Converged Infrastructure with VCE Vblock Systems using EMC VNX storage. 

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Interviews

leeys
Thursday, July 17th, 2014

While the number of the organizations for funding or supporting SMEs has increased due to the Korean government's recent 'creative economy' plan for SMEs, Korea Institute of Industrial Technology (KITECH) is the lone research institute for SMEs' technology development. It has recently received a 'Technology Transfer Industrialization Commendation' at the 2014 Korea Technology Industrialization Convention organized by the Ministry of Trade, Industry, and Energy.

The Poem

Business

Friday, August 1st, 2014
Samsung C&T regained its No. 1 position in construction capabilities after nine years. In a 2014 construction ability evaluation conducted by the Ministry of Land, Infrastructure, and Transportation on all contractors, Samsung C&T was ranked at the top with the assessment amount of 13,120.8 billion won.

IT Times TV

Friday, June 20th, 2014

Public Relations Film - SEOUL 2020

Korean Language News

Friday, August 1st, 2014

Seoul, Korea - 조달청(청장 김상규)은 금주(‘14.8.04~’14.8.08)에 ’강원학생 진로교육원 신축공사‘ 등 40건 약 606억원 상당의 공사입찰을 집행할 예정이다.

Thursday, July 31st, 2014

미래부가 홍대 지역에 TV 앱 개발 등 스마트미디어 서비스를 시험할 수 있는 스마트미디어 이노베이션 센터를 열고 미디어 벤처 및 중소개발사 지원에 나섰다.

미래창조과학부(이하 미래부)는 스마트미디어 생태계 활성화를 위한 지원 역할을 담당할 ‘스마트미디어 이노베이션 센터문을 연다고 31일 밝혔다.

이 센터는 홍대 지역에 위치해 있는 한국방송통신전파진흥원(KCA) 8층에 약 80평 규모로 설립되며, TV앱 테스트베드(test bed·시험 대상), 1인 미디어 벤처 육성 공간(1인 창조기업 전용 개발공간 10석, 소수인력의 공동개발공간 16석, 북카페 5석) 및 회의장을 갖추고 있다.

벤더블
Thursday, July 31st, 2014

삼성전자가 평면과 커브드 화면을 하나의 TV로 즐길 수 있는 78형 벤더블 UHD TV를 업계 최초로 출시한다.

lge
Thursday, July 31st, 2014

최근 획일적인 스펙 경쟁에서 벗어나 고유의 영역에서 한계를 극복하며 차별화에 성공한 일명 ‘리미트리스(Limitless)’ 기기가 인기몰이 중이다. 기술 평준화 시대를 맞아 맹목적인 스펙 경쟁보다는 개발 단계부터 자신만의 독자 노선을 구축한 제품들이 차별화에 성공하며 소비자의 선택을 받고 있는 것.

190
Thursday, July 31st, 2014

SK텔레콤이 단말기 구입부터 서비스 이용, 노후단말 교체까지 한번에 해결하는 신개념 올인원 패키지를 선보인다.

7353
Wednesday, July 30th, 2014

기술력과 아이디어는 있으나 자본이 부족해 해외 진출의 어려움을 겪고 있는 ICT 관련 중소기업들을 위한 투자 설명회가 열려 뜨거운 관심을 받았다.

6942
Monday, July 28th, 2014

한·중 ICT 기업이 손잡고 농수축산 및 보건 환경 등 산업군별 분야에서 협력키로 했다. 이는 중국 ICT기업이 한국의 ICT 기술력을 인정한 것으로, 한·중 민간협력을 통해 양국간의 협력이 더욱 발전하는 계기가 될 것으로 기대를 모으고 있다.

KB국민은행,가계신용대출 신상품 6종 출시
Wednesday, July 30th, 2014
Seoul, Korea-

KB국민은행(은행장 이건호/ www. kbst ar . com)은 30일 가계 금융비용 경감과 금융상품에 대한 고객의 선택폭 확대를 위해 기존 상품 대비 금리를 인하한 가계신용대출 신상품 6종을 출시했다.

Wednesday, July 30th, 2014

Seoul, Korea-한국농수산식품유통공사(aT, 사장 김재수)는 지난 7월 14일부터 「맞춤 바이어 제공 및 전자 카다로그 제작사업」에 참여할 농식품 수출업체를 모집 중에 있다. 본 사업은 우리 농식품의 신시장 개척과 수출 확대를 위해 추진되며, 사업 참여업체는 농식품 해외 바이어 정보를 맞춤형으로 제공받고 QR코드가 포함된 전자 카다로그 제작도 지원받게 된다.

SK텔레콤, 이종망 CA 업그레이드 한다
Wednesday, July 30th, 2014

Seoul, Korea-SK텔레콤(대표이사 사장 하성민, www.sktelecom.com)은 ‘주파수 묶음 기술(CA · Carrier Aggregation)’ 가운데 이종망 묶음 국제 표준 기술인 ‘MPTCP(Multi-Path Transmission Control Protocol)’ 기반의 동시전송 기술을 개발했다고 30일 밝혔다.

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Novel-Solongus

2
Thursday, July 31st, 2014

The 38th story of a full-length business novel.

In the past and recent years, the world powers were and are ambitious and power-hungry.

Editorials

Monday, June 30th, 2014

The thirteenth article of the concrete methodology for building social capital

Think of a society that is complex, in the sense that a great many of mutually interdependent individuals who make up a human society are interacting with each other in a great many ways, and the very richness of these interactions allows the society as a whole to undergo spontaneous self-organization.

Economy

Friday, August 1st, 2014
The government will make R&D investment of more than 1 trillion won in basic science and technology next year. In addition, it will expand support to entrepreneurial firms and small businesses.

World News

Thursday, July 31st, 2014

HONG KONG - The GSMA today announced the first keynote speakers for the Mobile 360 Series-North America conference, including leaders from organisations such as AirWatch by VMware, AT&T, the FCC, Jasper Wireless, Syniverse and ZTE. Mobile 360-North America will take place 22-23 September at the W Atlanta – Midtown in Atlanta and will be co-located with Mobility LIVE! 2014. The GSMA also announced AT&T as the Platinum sponsor for the conference.

Events

img
Thursday, July 17th, 2014

The 14th International Meeting on Information Display (IMID) showcasing recent academic technology exchanges and research trends will be held at Daegu EXCO.

Display

134
Friday, July 25th, 2014

China's companies become a threat to Korea. They are closing the technology gaps with Korea in IT and electronics in particular and expected to almost catch up with its TV and smartphones. 

CEOs

koo Bon-moo
Monday, July 14th, 2014

LG Group Chairman Koo Bon-moo called on the group’s executives to push for “qualitative growth.” His remark seems to shift from the “crisis theory” that he has stressed since the beginning of the year.

Policy

park
Friday, July 25th, 2014

As part of efforts to create future growth engines of the nation’s “creative economy, the S. Korean government now puts a stronger emphasis on teaching students how to develop software at an early age.” “Reinforcing the competitiveness of the nation’s software sector is an urgent task for the sustainable development of the nation’s information technology (IT) industry. Software should take center stage in Korean society,” President Park Geun-hye said on Wednesday

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