SEOUL, Apr. 20 (Yonhap) — Hanwha Q Cells Co., the world’s leading solar cell maker, said Monday it has signed a deal to sell 1.5-gigawatt solar modules to NextEra Energy Inc. in the United States by next year, the single largest deal in the solar power sector. Under the deal, Hanwha Q Cells will export [...]
SEOUL, Mar. 6 (Korea Bizwire) — Samsung is sponsoring another round of Crufts in 2015, continuing its long-running sponsorship of the world’s largest dog show, an affiliation that started in 1993. According to an announcement from Samsung Electronics on March 5, Samsung will also exhibit a cutting-edge intelligent dog house, entitled ‘Samsung Dream Doghouse,’ during [...]
SEOUL, Mar. 4 (Korea Bizwire) — South Korea’s No. 2 tech giant LG Electronics Inc., which recently has been making efforts to tap deeper into the automobile sector, said Wednesday it has provided electronic parts to a concept car made by Italdesign Giugiaro, a design arm of Germany’s Volkswagen Group. LG said the concept car [...]
Seoul, South Korea, Feb. 18 (Korea Bizwire) — MoneyGram (NASDAQ:MGI), a leading global money transfer company, has renewed its agreement with Kyongnam Bank, a leading bank in South Korea, to continue to provide money transfer services at the bank’s one hundred and fifty (150) locations throughout South Korea. Kyongnam Bank has been a MoneyGram agent [...]
SEOUL, Feb. 11 (Korea Bizwire) — South Korea’s top oil refiner SK Innovation Co. said Wednesday it will partner with the state-run China National Offshore Oil Corporation (CNOOC) to conduct oil and gas exploration in two blocks in the South China Sea, tapping the region for the first time. The blocks owned by China’s largest [...]
SEOUL, Feb. 10 (Korea Bizwire) — South Korean lenders and technology firms are quickly uniting in their latest efforts to jump on the FinTech bandwagon as the once-high boundary between the two industries is blurring with the rise of mobile banking, market watchers said Tuesday. Woori Bank, the flagship unit of state-run financial group Woori [...]
SEOUL & MOUNTAIN VIEW, Calif., Feb. 10 (Korea Bizwire) ― LG Electronics (LG) and Google are making virtual reality (VR) more accessible to mainstream consumers. LG today announced a free VR for G3 giveaway for customers who purchase new LG G3 smartphones. LG’s VR for G3 works with Google Cardboard and enables G3 owners to [...]
Seoul, Korea, Jan. 28 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that it, together with Nokia Networks, commercialized a core LTE-Advanced (LTE-A) technology called ‘Enhanced Inter-Cell Interference Coordination (eICIC)’ for the first time in the world. eICIC is a technology that controls signal interference between macro and micro base stations to enhance the quality [...]
SEOUL, Jan. 27 (Korea Bizwire) – South Korea’s top mobile carrier, SK Telecom Co., said Tuesday it has agreed with U.S.-based Intel Corp. to exchange technology know-how and search for business opportunities in the Internet of Things (IoT) industry. The two firms signed memorandums of understanding on a joint project that gives access to each [...]
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 [...]