SEOUL, KOREA – Tong Yang Group is pushing for the selloff of its home alliance unit Tong Yang Magic to Kyowon Group, one of South Korea's biggest educational companies.
SEOUL, KOREA – South Korea’s top 30 groups have seen their jobs gain more than 30% over the past four years since the 2008 global financial crisis. The total number of employees at the top 30 groups reached 1.12 million. In particular, the number of CJ Group employees doubled in four years, the fastest growth among the top 30 groups.
SEOUL, KOREA – Mark Zuckerberg, Facebook's Co-Founder and CEO, visited South Korea. He arrived in Seoul on Monday and visited both the Blue House and Samsung Electronics on Tuesday. He talked with President Park Geun-hye about the Korean government’s creative economy agenda and ways to creative jobs at the Blue House.
SEOUL, KOREA – Seven out of 10 international patent disputes erupted in the electronics and ICT sectors. As more emphasis has been placed on IT convergence, patent disputes have also risen in the sector.
SEOUL, KOREA – Samsung Electronics will launch the Samsung Galaxy S4 spin-offs - the S4 Mini, S4 Active and S4 Zoom – this month, but the spin-offs will not be available in South Korea. Though Samsung offers a range of smartphone choices, from premium to mid-range models, to overseas markets, Samsung has not been so generous to Korean consumers.
SEOUL, KOREA – KOTRA (Korea Trade-Investment Promotion Agency) said Monday that it signed an MoU with Xinhua Ruide -- a joint venture between the Xinhua News Agency (the official press agency of China) and telecom equipment maker Datang -- and a China-based digital content trade company to build and operate a China-Korea mobile game platform.
SEOUL, KOREA – Samsung Electronics has pinned high hopes on the Samsung Smart Signage Platform (SSSP), which was unveiled this year and is expected to lead the global signage market. Samsung formed partnerships with SI (system integration) companies that control nearly 20 markets.
SEOUL, KOREA – KT Group’s KT Media Hub will launch a HTML5-based Olleh TV service next month. KT Media Hub said Monday that it will launch a HTML5 platform in July and make efforts to soup up interactive contents.
SEOUL, KOREA - France's premium apparel and miscellaneous goods brand Celine made a direct launch into Korea. Thus far, Shinsegae International has retained an exclusive right to sell Celine lines in Korea.
SEOUL, KOREA - Korea's dosirak market is expanding at a rapid pace as an increase number of office workers are using dosirak for lunch. Dosirak refers to packaged, single-portion, portable meal.
SEOUL, KOREA - Daewoo Shipbuilding & Marine Engineering held a naming ceremony for the world's largest 18,000-TEU containership at its Okpo Shipyard in Geoje Island in South Gyeongsang Province on June 14.
SEOUL, KOREA - Toyota Motor was selected as the Best Global Green Brand for three consecutive years by the world's largest brand consulting group Interbrand.
SEOUL, KOREA - Samsung Heavy Industries succeeded in snatching a US$3-billion deal to build a floating production, storage and offloading (FPSO) unit to be deployed in the sea off Nigeria.
SEOUL, KOREA - LG Electronics announced on June 17 that it is now engaged in free cholera vaccination activities in Oromia, Ethiopia, together with the International Vaccine Institute.
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