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Samsung Display Eyes China’s Handset Makers for Business Diversification

Samsung Display Eyes China’s Handset Makers for Business Diversification

SEOUL, Jan. 27 (Korea Bizwire) – Samsung Display Co., a South Korean display maker, has added more Chinese tech firms to its client list to sell them smartphone AMOLEDs, a move seen as a strategy to rely less on its parent company, Samsung Electronics Co., which is suffering weak sales, industry sources said Tuesday. The [...]

Samsung Leads US$20 Million Investment in Israeli Healthcare Firm

Samsung Leads US$20 Million Investment in Israeli Healthcare Firm

SEOUL, Jan. 22 (Korea Bizwire) – Samsung Group invested in an Israeli healthcare venture, Early Sense, which Samsung Electronics CEO Yoon Boo-geun mentioned in his keynote speech at the opening of CES 2015. According a venture investment business source, Samsung Venture Investment closed the fundraising worth US$20 million for Early Sense. Samsung invested US$10 million, and the [...]

South Korea to Launch Spy Satellite Project to Beef up Defense Capabilities

South Korea to Launch Spy Satellite Project to Beef up Defense Capabilities

SEOUL, Jan. 19 (Korea Bizwire) – South Korea plans to develop military reconnaissance satellites and deploy five units by 2022 as part of efforts to beef up defense capabilities to better deter North Korea’s evolving security threats, military officers said Monday. The plan is part of the defense ministry’s policy goals for this year, which [...]

Korea’s Hanwha Completes 24MW Solar Power Plant in Japan

Korea’s Hanwha Completes 24MW Solar Power Plant in Japan

SEOUL, Jan. 16 (Korea Bizwire) – Hanwha Group has recently completed construction of its 24MW solar power plant in Japan, cementing its leading position in the Japanese solar power market. Hanwha Q CELLS Japan had a completion ceremony for the Hanwha Solar Power plant in the city of Kitsuki on January 15. The Kitsuki plant is built [...]

Samsung Begins Mass Production of 20-Nano Graphic DRAM

Samsung Begins Mass Production of 20-Nano Graphic DRAM

SEOUL, Jan. 15 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has started mass production of 8-gigabit graphic memory chips that adopt 20-nanometer technology, completing the full 20-nano level lineup in mobiles, servers, PCs and graphics. The Graphics Double Data Rate 5 (GDDR5) is the advanced version of the preceding 4-gigabit GDDR5 that enables [...]

China Surpasses Korea in 13 Areas of Scientific Research

China Surpasses Korea in 13 Areas of Scientific Research

SEOUL, Jan. 14 (Korea Bizwire) – China is ahead of the game compared to Korea in 13 out of 85 main areas of scientific research and technology, according to a report published by Hyundai Research Institute on January 11. According to the report, competition between Korea, China, Japan and Germany in areas of scientific technology is [...]

Korean Scientists Develop New Method to Test Antibiotic Resistance Quickly

Korean Scientists Develop New Method to Test Antibiotic Resistance Quickly

SEOUL, Dec 21 (Korea Bizwire) – A team of Korean scientists succeeded in developing a breakthrough technology to administer an antibiotic susceptibility test in a faster, more precise way. Prof. Kwon Sung-hoon at the Department of Electrical and Computer Engineering, Seoul National University, said that his research team has developed a new antibiotic susceptibility test [...]