SEOUL, Sep. 14 (Korea Bizwire) – SK Telecom will develop in-house the open-source and x86 server-based network switch. Once the network switch is developed by early next year and in place in the company’s data centers, it is expected to open a new “do-it-yourself” era for network equipment. According to industry sources on September 12, Korea’s [...]
SEOUL, Sep. 14 (Korea Bizwire) – Samsung Electronics will launch a variety of TV and other home appliance products adopting its own proprietary operating system “Tizen” from next year. According to executives of the company’s consumer electronic division on September 11, it would accelerate the pace of the Tizen-based business by introducing models embedded with Tizen operating [...]
SEOUL, Sep. 14 (Korea Bizwire) – Lama Dawa Pasang, a Tibetan residing in Korea whose Korean name is “Minsu,” has lost in a lawsuit with the administrative court to appeal for a decision by the Ministry of Justice to disallow his application for a Korean citizenship. Mr. Pasang, originally from Nepal, is famous for being [...]
SEOUL, Sep 12 (Korea Bizwire) – A congressional investigation revealed that some of the high-income earners have evaded health care insurance payments by registering their young children as head of the business. According to Congressman Kim Jae-won (New Frontier Party), a member of the National Assembly’s Health & Welfare Committee, who reviewed data submitted by the [...]
SEOUL, Sep 12 (Korea Bizwire) – The government has finally decided to raise the cigarette price by 2,000 won from January next year. On September 11, Minister of Health & Welfare Moon Hyung-pyo announced a comprehensive plan to discourage smoking. He said in an economic ministers meeting on the same day, “Effective on January 1, 2015, [...]
SEOUL, Sep 12 (Korea Bizwire) – LG Chem has set out to engage in the OLED lighting device business in earnest. The LG Group company said on September 11 that it has developed new OLED lighting panels comparable to LED lighting devices in terms of energy efficiency and life span without the problem of glaring. The company [...]
SEOUL, Sep. 11 (Korea Bizwire) – Korea was ranked No. 1 again in terms of the private share of public education cost among 34 Organization for Economic Cooperation & Development members for 14 consecutive years. According to the Ministry of Education on September 9 based on data released by the OECD, the ratio of public education [...]
SEOUL, Sep. 10 (Korea Bizwire) – A state-run economic think tank modeled after the Korea Development Institute will be established in Myanmar as part of an international assistance program initiated by the Korea International Cooperation Agency. KOICA said on September 9 that it signed an agreement with Myanmar government officials at the nation’s capital Naypyitaw. [...]
SEOUL, Sep. 9 (Korea Bizwire) – Out of 800 billion won of membership points provided by three mobile telecom service firms a year, as much as 500 billion won ended up disappearing without being used. According to Congressman Jun Byung-hun (New Politics Alliance for Democracy) who is a member of the Science, ICT, Future Planning, [...]
SEOUL, Sep. 9 (Korea Bizwire) – The Korea Cultural Heritage Foundation, in partnership with the Cultural Heritage Administration, will start selling tickets to the “Royal Ancestral Ritual in the Jongmyo Shrine and its Music” from Interpark beginning at 2 pm on September 12. Scheduled to be held for one hour from 8 pm for three days between [...]