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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”.

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

Friday, July 25th, 2014
SEOUL, KOREA - LG Innotek announced on July 24 that it posted the second-quarter financial results, including sales revenue of 1,542.9 billion won and operating profit of 89.9 billion won. This is up 1.4 percent and 152 percent, respectively, from the same period last year. Comparing to the previous quarter, this is up 5.8 percent and 42.5 percent.

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, July 25th, 2014
SEOUL, KOREA - The second-quarter real gross domestic products rose 0.6 percent from the previous quarter, the lowest figure in seven quarters. This is a 3.6-percent growth from the same quarter last year. The Bank of Korea announced on July 24 real GDP figures (preliminary). The 0.6 percent quarterly growth is the lowest level since the third quarter of 2012 when the corresponding figure was 0.4 percent. Quarterly growth rates have remained below the 1-percent level for three consecutive quarters since the fourth quarter 2013.
Friday, July 25th, 2014
SEOUL, KOREA - LG Innotek announced on July 24 that it posted the second-quarter financial results, including sales revenue of 1,542.9 billion won and operating profit of 89.9 billion won. This is up 1.4 percent and 152 percent, respectively, from the same period last year. Comparing to the previous quarter, this is up 5.8 percent and 42.5 percent.
Friday, July 25th, 2014

SEOUL, KOREA - Samsung Electronics released disappointing second quarter results, igniting concerns about its future. The electronic giant, however, narrowed its operating profit gap with Apple Inc.

Friday, July 25th, 2014

SEOUL, KOREA - Fine Digital announced on July 24 that it will release a brand-new black box “Fine Vu CR-2000R” which has a car accident recording feature.The brand-new black box has the improved recording function and stability, being designed specifically to ensure accurate recording of accident locations.

hyundai
Friday, July 25th, 2014
SEOUL, KOREA - Hyundai Motor and Kia Motors announced on July 23 that they ranked No. 1 and No. 6, respectively, in the 2014 product satisfaction survey conducted by U.S. market research firm JD Power.

lg
Friday, July 25th, 2014
SEOUL, KOREA - LG Household & Healthcare announced on July 24 that it posted sales of 1.14 trillion won and operating profit of 121.5 billion won for the second quarter of this year, up 6.2 percent and 1.1 percent, respectively, from a year ago.The net profit, however, fell 3.1 percent year on year to 85.7 billion won.

Friday, July 25th, 2014

SEOUL, KOREA - General Motors, which has been mired with a massive recall due to ignition switch defects, announced another recall for 823,000 vehicles due to six safety problems.The American car maker announced on July 23 that it decided to recall 823,000 cars, including 414,000 units which are found to have defects in seat height-adjusting bolts, and 124,000 units which have problems in welding of seat rings.

b
Friday, July 25th, 2014
SEOUL, KOREA - SPC Group announced that Paris Baguette made entry into France, the homeland of the baguette.SPC chairman Huh Young-In has dreamed of launching into Paris, France, ever since he opened his first bakery and named the bakery shop as Paris Baguette in 1988.

Friday, July 25th, 2014
SINGAPORE - As banks compete to attract the growing segment of wealthy customers, leaders of Singapore's financial sector are gathering today at the 6th Wee Cho Yaw Singapore-China Finance and Banking Forum to examine solutions that will help address increasing customer demands and expectations of quality service.

Friday, July 25th, 2014

NOIDA, INDIA - India's fastest-growing Direct-To-Home (DTH) satellite broadcaster has selected Brocade® Ethernet fabric solutions to revamp its data center networks. Videocon d2h, a unit of Videocon Industries (BSE: 511389) (NSE: VIDEOIND), deployed innovative Brocade VCS® Fabric Technology running on Brocade VDX® switches within its new and existing data centers in order to support continued rapid business growth.

Friday, July 25th, 2014

MELBOURNE, AUSTRALIA - Driven by the unrelenting growth of genomic data sets, the Australian Genome Research Facility is deploying a high-performance 10 Gigabit Ethernet (GbE) core network across its entire estate, with its Melbourne node the first to go live with new switching infrastructure from Brocade (NASDAQ: BRCD).

Friday, July 25th, 2014

SEOUL, KOREA - LG Display, the world’s leading innovator of display technologies, reported today unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending June 30, 2014.

101
Friday, July 25th, 2014

Beating runner-up Suh Chung-won, Kim Moo-sung was elected as leader of the ruling Saenuri Party. Hence he took a giant stride towards winning the ruling party’s nomination for the 2017 presidential election.

Friday, July 25th, 2014

MOUNTAIN VIEW, US - With the proliferation of trends such as mobility and DevOps, the convergence of software development and IT operations, into IT infrastructure, enterprises have realized the importance of a solution that can proactively monitor application performance. This need to ensure performance while reducing outages and network-related issues is lending momentum to the global application performance monitoring (APM) and application aware network performance monitoring (AANPM) market.

Friday, July 25th, 2014

NEW YORK, US - Giveaways or "freebies" might seem counterintuitive to a marketing strategy aimed at driving sales, but what many don't realize is that the exposure gained through free promotion can help build your audience and lead to future sales.

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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

hyundai
Friday, July 25th, 2014
SEOUL, KOREA - Hyundai Motor and Kia Motors announced on July 23 that they ranked No. 1 and No. 6, respectively, in the 2014 product satisfaction survey conducted by U.S. market research firm JD Power.

IT Times TV

Friday, June 20th, 2014

Public Relations Film - SEOUL 2020

Korean Language News

pre
Friday, July 25th, 2014

SEOUL, KOREA - 삼성전자가 24일 국내 최고 수준의 강력한 청정성능을 제공하는 프리미엄 공기청정기 '블루스카이'를 출시하며 에어케어 가전 라인업 확대에 나섰다.

59
Thursday, July 24th, 2014

올해 상반기 미래부가 실시한 정부 연구기관 평가에서 경영·연구부문 각각 3곳, 4곳이 ‘우수’ 등급을 받았다.

1
Thursday, July 24th, 2014

SEOUL, KOREA - SK하이닉스(대표: 박성욱, www.skhynix.com)는 2014년 2분기 매출액3조9천2백3십억 원, 영업이익 1조8백4십억 원(영업이익률 28%), 순이익 6천7백4십억 원(순이익률 17%)을 기록했다고 24일(木) 밝혔다. 1분기에 이어 2분기에도 영업이익1조 원을 돌파함으로써, 반기 기준 사상 최대 영업이익을 달성했다. (K-IFRS 기준)

Park Geun-hye
Thursday, July 24th, 2014

SEOUL, KOREA - 창조경제 미래 성장 동력이 될 소프트웨어(SW) 교육이 강화된다. 박근혜 대통령은 23우리나라가 IT 강국으로 지속 발전하기 위해서는 SW 분야의 경쟁력 확보가 시급한 과제라며 “SW중심사회를 실현해야 된다고 밝혔다.

full hd
Wednesday, July 23rd, 2014

SEOUL, KOREA - 삼성전자가 보급형 커브드 풀HD TV(H6800)를 28일 국내 시장에 출시하며 보급형 풀HD부터 프리미엄 UHD TV까지 커브드 풀 라인업을 구축, 커브드 TV시대의 대중화 시대의 포문을 연다.

1
Wednesday, July 23rd, 2014

YONGIN, KOREA - 삼성전자는 22일 용인 서천에 위치한 삼성전자 인재개발원에서 협력사의 기술경쟁력 확보를 지원하기 위해 '2014년 우수기술 설명회'를 열었다.

678
Wednesday, July 23rd, 2014

5선 중진 김무성 의원이 새누리당 신임 당 대표로 선출됐다. 비박인 김 의원은 새누리당 전당대회에서 7선의 서청원 후보를 압도적인 표차(5만2706표 대 3만8293표)로 누르고 신임 당 대표에 이름을 올렸다.

177
Wednesday, July 23rd, 2014

박근혜 정부의 2기 경제팀을 이끌 최경환 호가 최근 본격 출범한 가운데 신임 최경환 경제부총리겸 기획재정부 장관이 취임과 함께 침체된 한국경제를 회복시킬 수 있을지 관심이 집중되고 있다.

799
Wednesday, July 23rd, 2014

“10년 뒤 전 세계가 대한민국을 창조 국가로 벤치마킹할 수 있도록 전력을 다하겠습니다. 틀을 깨는 과감한 시도를 할 것입니다.” 

333
Tuesday, July 22nd, 2014

이제는 K-Book이다!(Now It's K-Book!) K-POP과 한국 드라마, 영화 등 다양한 문화 콘텐츠가 중국을 넘어 동남아시아, 유럽 등 해외에서 인기를 끌면서 한류 열풍을 일으키고 있다.

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Novel-Solongus

big event
Friday, July 25th, 2014

Presently, they have regrouped new landing forces, moral and material, and stowed huge masses of explosives and stockpiles of ammunition.

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, July 25th, 2014
SEOUL, KOREA - The second-quarter real gross domestic products rose 0.6 percent from the previous quarter, the lowest figure in seven quarters. This is a 3.6-percent growth from the same quarter last year. The Bank of Korea announced on July 24 real GDP figures (preliminary). The 0.6 percent quarterly growth is the lowest level since the third quarter of 2012 when the corresponding figure was 0.4 percent. Quarterly growth rates have remained below the 1-percent level for three consecutive quarters since the fourth quarter 2013.

World News

Friday, July 25th, 2014
SINGAPORE - As banks compete to attract the growing segment of wealthy customers, leaders of Singapore's financial sector are gathering today at the 6th Wee Cho Yaw Singapore-China Finance and Banking Forum to examine solutions that will help address increasing customer demands and expectations of quality service.

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.

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

issue
Wednesday, July 23rd, 2014

Chinese President Xi Jinping’s recent state visit to Seoul has received enormous publicity. Above all, Chinese President Xi Jinping has broken with precedent by visiting South Korea before he goes to strong ally North Korea, quite a departure from China’s traditional ideology-based diplomacy toward the Korean peninsula. In addition, there were high hopes for President Xi Jinping’s “gift package” to include great plans for closer ROK-China economic, diplomatic cooperation.

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