SEOUL, May 17 (Korea Bizwire) – South Korea should relentlessly seek a “path of innovation” rather than resting on its past laurels, President Park Geun-hye said Tuesday, underscoring that innovation is at the core of the country’s survival strategy amid a global economic slowdown. During a forum in Seoul, Park highlighted that South Korea has [...]
SEOUL, March 24 (Korea Bizwire) – Samsung Electronics Co., the world’s biggest smartphone and memory chip maker by sales, said Thursday it will overhaul its corporate culture to improve efficiency and productivity at its workplace. The electronics giant has recently suffered a decline in its mainstay smartphone business and lack of new growth drivers. In [...]
SEOUL, Jan.25 (Korea Bizwire) – The Korean Trade Promotion Corporation (KOTRA) announced that it published a report on ‘99 Innovative Products of the World’, which introduces innovative products produced by various small and medium-sized companies all over the world. One of the most noticeable products is ‘Strati’, a 3D-printed electric car, which will be manufactured [...]
SEOUL, Korea, April 23, 2014 (Korea Bizwire) – A “valuation scheme” that can put a price tag on each piece of knowledge or technology will be established within the first half of 2014, according to a Munhwa Daily News report. The government of Korea is determined to come up with a system which estimates how [...]
CHARLOTTE, N.C., Mar 20, 2014 (Korea Bizwire) – Supply chain executives want to invest in powerful new technologies and business innovations to improve their supply chains, but are hampered by a shortage of qualified talent and never-ending pressure to cut costs, according to a new study by MHI and Deloitte Consulting LLP titled “Innovations That Drive [...]