SEOUL, April 21 (Korea Bizwire) – South Korea said Tuesday it will seek to hold a variety of sports and cultural events with North Korea this year to mark the 70th anniversary of Korea’s liberation from Japan’s colonial rule. South Korea plans to propose the creation of an ad hoc committee to the North to prepare [...]
SEOUL, April 21 (Korea Bizwire) — A South Korean telecom device maker said Tuesday it has sent an official letter of complaint to the Seoul branch of Huawei Technologies, asking the Chinese firm to follow business ethics and stop recruiting its workforce. “Huawei has been making overreaching moves to take away experts from its rivals [...]
SEJONG, April 21 (Korea Bizwire) — South Korea’s sovereign wealth fund has violated its own rules in its move to buy into the Los Angeles Dodgers, a lawmaker said Tuesday. The Korea Investment Corporation (KIC), which manages assets entrusted by South Korea’s central bank, has reportedly been in talks to buy a 19 percent stake in [...]
ATLANTA, April 20 (Korea Bizwire) — Today, Aptean announced the launch of Pivotal 6.5, the latest version of its enterprise-class CRM (Customer Relationship Management) solution designed to address a wide range of business challenges across all areas of CRM, including sales automation, marketing management and customer service delivery. Pivotal 6.5 features a completely redesigned sales [...]
COLOGNE, GERMANY, April 20 (Korea Bizwire) — In 2015 the demand in Germany and abroad for stand space at dmexco is greater than ever before. About a week before the official registration deadline, the number of registrations for stand areas at the exposition is greater than the figure posted at this point in 2014. Registrations [...]
SEOUL, April 20 (Korea Bizwire) – Yuri, a member of K-pop group Girls’ Generation, has admitted she is in a relationship with baseball player Oh Seung-hwan, the group’s management agency said Monday. “Having met through acquaintances at the end of last year, the two are now getting to know with each other with good feelings,” [...]
SEOUL, April 20 (Korea Bizwire) – As it is expected that Pfizer’s Xalkori cancer drug will be covered by the national health insurance in Korea, the 10 million won (US$9,225) burden that patients are currently facing will be dramatically reduced starting next month. According to a statement from the Ministry of Health and Welfare and the [...]
SEOUL, April 20 (Korea Bizwire) – Korea’s two largest business groups, Samsung Group and Hyundai Motor Group, accounted for a significant portion of the net profits of the top 30 groups in Korea, by generating more than four fifths of their total earnings. Korea generally categorizes the top 30 business groups as representing the Korean economy, [...]
SEOUL, April 20 (Korea Bizwire) — South Korean tech giant Samsung Electronics held a market share in the global solid state drive (SSD) market that was twice as big as the one held by its U.S. rival Intel in 2014, data showed Monday. Samsung Electronics saw its share in the SSD market reach a whopping 34 percent last year [...]
WASHINGTON, April 19 (Korea Bizwire) — The potential deployment of a THAAD missile defense unit to South Korea has become a “litmus test” for how Seoul is aligned between Washington and Beijing, according to a U.S. congressional report. The Congressional Research Service made the point in a report published earlier this month and titled, “Ballistic Missile Defense [...]