SEOUL, March 13 (Korea Bizwire) – South Korea’s information technology (IT) industry depends overwhelmingly on hardware, failing to keep pace with the global trend of focusing on software, a report said Monday. According to the report by the Institute for Information & Communications Technology Promotion, software companies accounted for 15 percent of the total market [...]
SEOUL, March 3 (Korea Bizwire) – Chinese consumers are widely expected to demand more luxurious and advanced products, a report suggested Friday, urging South Korean exporters to keep up with the ever-changing taste of consumers in the world’s largest market. IT, beauty and premium were among six keywords picked to describe the latest spending trend [...]
SEOUL, Feb. 15 (Korea Bizwire) – IT solutions and services have become a popular go-to for Korean businesses struggling with stagnant growth, allowing them to cut operating costs while boosting productivity. Fuji Xerox Korea is one of the companies that offers such services. The company’s IT solutions focus on integrating multi-function devices with cloud computing, [...]
SEOUL, Jan. 31 (Korea Bizwire) – South Korea’s IT industry is expected to bask in robust business performance this year, while automakers and shipbuilders face tougher conditions, a report showed Tuesday. According to the report compiled by the Korea Chamber of Commerce and Industry (KCCI), most sectors are faced with uncertainties at home and abroad, [...]
SEOUL, Jan. 24 (Korea Bizwire) – Those in the IT and refinery industries here are expected to receive hefty bonuses after their firms enjoyed a record year in terms of sales and profit, market observers said Tuesday. Many are expected to be paid as much as half their annual salary in one-time incentive pay, they [...]
SEOUL, Dec. 2 (Korea Bizwire) – Daewoo Shipbuilding & Marine Engineering Co., a major shipyard here, said Friday that it plans to spin off its IT business unit next year in an effort to streamline its business structure. The unit, tentatively named DSME Information System, will be launched on Jan. 1, the shipbuilder said. The [...]
SEOUL, March 3 (Korea Bizwire) – Data shows that the top 100 Korean companies in terms of market capitalization have undergone a rapid change in business sectors over the past 10 years. The rankings reflect a shift from industrial businesses such as construction and shipbuilding to ‘non-smokestack’ industries such as service and distribution. On the [...]
AUSTIN, Texas, Oct. 21 (Korea Bizwire) – SolarWinds (NYSE: SWI), a leading provider of powerful and affordable hybrid IT infrastructure management software, today launched SolarWinds® Server Health Monitor free tool, the latest to join more than 30 free tools from SolarWinds’ comprehensive IT management product family. SolarWinds Server Health Monitor provides IT professionals with detailed [...]
SEOUL, Aug. 28 (Korea Bizwire) – First-generation venture businessman Jeon Jae-wan, who created the ‘Freechal’ online community, is now seeking success in America by launching a global video communication service. The social network based service will be called ‘Air Live’, and will offer a place where users can share the videos they are watching with [...]
Seoul, July 23 (Korea Bizwire) – A conference gauging the progress of augmented reality (AR) and virtual reality (VR) technologies, which are receiving attention as the multimedia services of the future, was held on July 22. SK Telecom hosted a forum to discuss the present and future of immersive multimedia services such as augmented reality and virtual reality. [...]