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KAI Inks MOU with Airbus Helicopters to Export Locally Built Choppers

KAI Inks MOU with Airbus Helicopters to Export Locally Built Choppers

SEJONG, Nov. 4 (Korea Bizwire) – South Korea’s largest aerospace company Korea Aerospace Industries Ltd. (KAI) said Wednesday that it inked a deal with Airbus Helicopters to sell locally made choppers abroad. The strategic partnership memorandum of understanding (MOU) reached in Seoul comes as the two companies concurred on the need to expand cooperation in [...]

S. Korea, India Agree to Increase Passenger Flights, Routes

S. Korea, India Agree to Increase Passenger Flights, Routes

SEJONG, Oct. 16 (Korea Bizwire) — South Korea and India agreed to increase the number of weekly flights and destinations that can be served by their respective flag carriers, the government said Friday. The agreement, reached after two days of negotiations in New Delhi on Thursday, calls for raising the number of flights allocated to [...]

KEPCO, Maryland Agree to Cooperate on New Energy Sector

KEPCO, Maryland Agree to Cooperate on New Energy Sector

SEJONG, Oct. 16 (Korea Bizwire) — South Korea’s state-run power monopoly said Friday that it has reached an agreement with Maryland to work together on the development of the new energy sector. The memorandum of understanding (MOU) signed in Annapolis on Thursday calls for the forging of close ties in such areas as smart grids, [...]

SK Telecom – China Unicom Sign MOU for Cooperation in Telecommunications and New Growth Businesses

SK Telecom – China Unicom Sign MOU for Cooperation in Telecommunications and New Growth Businesses

Seoul, Korea, Oct. 11 (Korea Bizwire) – SK Telecom (NYSE:SKM) announced today that it signed a Memorandum of Understanding (MOU) with China Unicom to cooperate in strengthening their competitiveness in the telecommunications industry and promoting new growth businesses. The MOU signing ceremony took place at the Belmond Mount Nelson Hotel located in Cape Town, South [...]

S. Korea, France Agree to Boost Cultural Ties

S. Korea, France Agree to Boost Cultural Ties

SEOUL, Oct. 8 (Korea Bizwire) — South Korea and France agreed Thursday to boost their cultural exchanges and cooperation, Culture Ministry officials said. The bilateral commitment was made during a meeting between South Korean Culture Minister Kim Jong-deok and his visiting French counterpart, Fleur Pellerin, in Seoul earlier in the day. “In order to deepen [...]

SK Telecom – Rohde Schwarz Sign MOU to Collaborate in the Development of Key 5G Technologies

SK Telecom – Rohde Schwarz Sign MOU to Collaborate in the Development of Key 5G Technologies

Seoul, Korea, May 29 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that it signed a Memorandum of Understanding (MOU) with Rohde & Schwarz, a leading manufacturer of electronic test and measurement equipment, to collaboratively develop key network technologies for 5G. Under the MOU, SK Telecom and Rohde & Schwarz will measure and analyze radio [...]

SK Telecom Starts Joint Research with Ericsson for 5G

SK Telecom Starts Joint Research with Ericsson for 5G

Seoul, Korea, Jul. 7 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that it signed a MOU with Ericsson, a world leader in communications technology and services, at headquarters of Ericsson in Stockholm, Sweden for joint research for 5G-related technologies. In the MOU, SK Telecom and Ericsson agreed to cooperate in studying and developing core [...]