Korea News Releases

January 15, 2014 11:07

Incheon International Airport’s AIRSTAR Avenue Honored with ‘World’s Best Duty Free Shop’ for Fourth Consecutive Year

AIRSTAR Avenue is reconfirmed as the world’s best airport duty free shop in its real sense. AIRSTAR Avenue (www.iiacairstar.kr), the duty free shop complex in the Incheon International Airport, wa

January 14, 2014 17:29

WEBGATE acquired the World’s First HDcctv certificate for PoC HD-SDI DVR

WEBGATE(www.webgateinc.com), the leading company in HD-CCTV field based on HD-SDI transmission technology, acquired the World’s First HDcctv certification for 3 HD-SDI DVR models supporting PoC(Power

January 14, 2014 10:54

Samsung WOW App Connects Millions Worldwide to Sochi 2014 Olympic Winter Games

Samsung Electronics Co., Ltd., today launched its Sochi 2014 Olympic Winter Games mobile app, Wireless Olympic Works (WOW), turning the world’s Android devices into mobile sports stations that fans ca

January 10, 2014 13:23

LG ELECTRONICS WINS 35 AWARDS AT THE 2014 INTERNATIONAL CES

LG Electronics (LG) won 35 top-tier awards at this week’s 2014 International CES, including six awards for the LG 77-inch class CURVED ULTRA HD OLED TV, making it the most recognized TV at the show.

January 09, 2014 17:54

RD-Tek Korea develops the sports motion analysis system, applicable to diverse sports

Korean screen golf company RD-Tek Co., Ltd. (CEO Song-hwan Choi, www.thegolf.com) has developed a sports motion analysis system ‘SMAS’ that can be used for various sports and will release it early nex

January 09, 2014 15:47

Consumer Electronics Market to Contract in 2014 as Market Awaits Innovative Products to Catch Fire

The 2014 International CES event this week in Las Vegas will serve as a showcase for exciting new products like ultra-high-definition (UHD) televisions and wearable technology devices. However, these

January 09, 2014 11:18

PayGate supports Daesung Skype with payment system to meet foreign payment needs

PayGate and Daesung Skype(skype.daesung.com) announces a non-Active-X payment to purchase a product on English, Chinese, and Japanese websites for user-convenience. Previously an Active-X, which is

January 09, 2014 08:43

Samsung To Bring Its Breakthrough 105” Curved UHD TV and 85” Bendable UHD TV to Market in 2014

Samsung Electronics Co., Ltd., the leader in TV technology for 8 years, today announced it will bring its newly introduced 105” U9500 Curved Ultra High Definition (UHD) TV and 85” U9B Bendable UHD TV

January 08, 2014 17:12

LG ELECTRONICS HOME ENTERTAINMENT COMPANY AIMS TO LEAD OLED AND ULTRA HD TV SEGMENTS

The newly installed president of LG Electronics’ (LG) Home Entertainment Company plans to change the dynamics of the current TV market, capitalizing on LG’s early leadership in OLED TV technology and

January 08, 2014 12:00

Guide to the Year-end Tax Settlement 2013 for Foreigners

The process for settling Year-end Taxes is largely the same for Korean nationals and foreign employees, with slight differences as follows: (1) Only foreign employees are entitled to an application of

January 08, 2014 09:54

IHS News Flash: Updated Forecasts for Critical Consumer Electronics Segments at CES 2014

EL SEGUNDO, California (5 January 2014) - This is a news flash from IHS Inc. (NYSE: IHS) issuing updated forecasts and insights on developments expected at the 2014 Consumer Electronics Show (CES). Th

January 08, 2014 08:04

PayGate goes Global by providing payment system for KT genie K-pop service

e-Payment Service Provider PayGate pairs with KT‘s smartphone music ’genie K-POP' and expands their service worldwide. PayGate has started to service genie K-POP (www.genie.co.kr/en) since 2013 Jan

January 07, 2014 12:55

GE To Expand in Life Sciences with Acquisition of Strategic Assets from Thermo Fisher Scientific

GE (NYSE:GE) and Thermo Fisher Scientific (NYSE:TMO) announced today that they have entered into an agreement for GE Healthcare to acquire Thermo Fisher’s HyClone™ cell culture media and sera, and gen

January 07, 2014 09:20

Samsung Electronics Announces Earnings Guidance for Q4 2013

Samsung Electronics Co., Ltd. today announced its earnings guidance for the fourth quarter of 2013. Consolidated sales: Approximately 59.0 trillion Korean won(Range: 58 - 60 trillion Korean won)

January 07, 2014 09:18

LG Presents the Future of Displays with a TV that Changes its Curve

LG Electronics (LG) today took the cover off the world’s first Flexible OLED TV at the 2014 International Consumer Electronics Show (CES) in Las Vegas. With this groundbreaking TV unit, viewers can co

January 07, 2014 09:01

LG’S PREMIUM, STYLISH KITCHEN APPLIANCES SET TO IMPRESS AT CES 2014

LG Electronics (LG) will showcase its stunning LG Studio premium kitchen appliance lineup at the 2014 Consumer Electronics Show (CES), Jan. 7-10 in Las Vegas. LG Studio delivers a winning combinati

January 07, 2014 09:00

LG JUMPS INTO FITNESS TECH AT CES WITH LIFEBAND TOUCH AND HEART RATE EARPHONES

LG Electronics (LG) today took the wraps off LG Lifeband Touch and LG Heart Rate Earphones, two wearable products that mark the company’s first foray into fitness tech. Unveiled at the 2014 Internatio

January 07, 2014 08:56

LG ULTRA HD TVs TO OFFER NETFLIX IN ULTRA HD 4K

LG Electronics (LG) today announced that its broad new 2014 line of Ultra HD TVs with LG’s proprietary webOS Smart TV platform will support content streaming in Ultra HD 4K from Netflix, the world’s l

January 07, 2014 08:51

LG MAKES SMART TV SIMPLE WITH NEW WEBOS SMART TV PLATFORM

LG Electronics (LG) today unveiled its newest Smart TV platform at the International Consumer Electronics Show (CES) in Las Vegas. webOS, which was purchased from Hewlett-Packard in March last year, h

January 05, 2014 11:08

LG SHOWCASES MEGA CAPACITY FRONT AND TOP LOADER WASHER-DRYERS WITH TURBOWASH™ AT CES 2014

LG Electronics (LG) will be unveiling its latest front loading and top loading washer-dryer pairs at the 2014 International Consumer Electronics Show (CES) in Las Vegas. The comprehensive range of con

January 05, 2014 11:03

Samsung Unveils New Era of Smart Home at CES 2014

Samsung Electronics today announced Samsung Smart Home, a service enabling Smart TVs, home appliances and smartphones to be connected and managed through a single integrated platform. The Samsung S

January 05, 2014 10:25

LG TO UNVEIL SPECTACULAR ULTRA HD TV LINEUP AT CES

LG Electronics (LG) will unveil a comprehensive ULTRA HD TV lineup at the International Consumer Electronics Show (CES) in Las Vegas from January 7 - 10, 2014. Last year, LG won over the crowds with a

January 03, 2014 17:58

Power Plaza obtained the Korea’s homologation as a commercial electric pickup truck at the end of 2013

Power Plaza Co., Ltd (President Kim Sung Ho) passed homologation (safety certification) for light commercial Electric Vehicle (EV, conversion electric vehicle) for the first time in Korea. The vehicle

January 03, 2014 11:06

LG TO EXPAND ITS PREMIUM KITCHEN APPLIANCE BUSINESS IN 2014

LG Electronics (LG) announced prior to the Consumer Electronics Show (CES) that it will establish a new division exclusively responsible for its kitchen package business in order to expand the presenc

January 02, 2014 14:00

GM Korea Sets Domestic Sales Records in 2013

GM Korea Company set an annual domestic sales record of 151,040 vehicles in 2013. It topped the automaker’s previous record of 145,702 vehicles sold in 2012. December domestic sales totaled 17,853

January 02, 2014 11:20

LG’S NEWEST REFRIGERATORS EXPECTED TO TURN HEADS AT CES 2014

LG Electronics’ (LG) latest French-door and side-by-side re-frigerators boasting the innovative Door-in-Door™ feature are on display at the 2014 International Consumer Electronics Show (CES) in Las Ve

January 02, 2014 11:12

Life and Design are Now in Tune with Samsung’s Home Entertainment Lineup, Unveiled at CES 2014

Samsung Electronics America, Inc., a global leader in digital media and digital convergence technologies, today announced an expanded roster of audio products, all aimed at elevating the entertainment

January 02, 2014 11:09

LG TO SHOWCASE INDUSTRY LEADING OLED TV LINEUP AT CES 2014

LG Electronics (LG) is proud to present the most comprehensive OLED TV lineup on the planet at the International Consumer Electronics Show (CES) in Las Vegas from January 7-10, 2014. Visitors to the c

January 01, 2014 11:30

At CES 2014, Samsung Unveils ‘Smart Control’, its Enhanced Remote Control for Smart TV

Samsung Electronics today announced the release of its 2014 Samsung Smart Control, the updated version of its Smart TV remote control featuring faster and more accurate control features, better conten

December 31, 2013 11:13

LG TO UNVEIL IMPROVED, STREAMLINED ULTRA PC AND TAB-BOOK 2 AT CES 2014

LG Electronics (LG) will be unveiling its newest Ultra PC (Model 13Z940) as well as second generation Tab-Book 2 hybrid devices (Models 11T740 and 11T540) at the International Consumer Electronics Sho

December 27, 2013 15:48

Planet8 - PayGate, co-release Wordpress payment module ‘PayGate Woopay’

Planet8, a web developing company(Co-CEO: Mr. Jung Ji-soo, Mr. Lee Jae-Geun) and PayGate, electronic payment service provider(CEO: Ms. Park So-Yeong) co-releases ‘PayGate Woopay’ on 27 December. P

December 26, 2013 11:08

AT CES 2014, LATEST SMART APPLIANCES FROM LG CHAT WITH USERS VIA MOBILE MESSENGER

LG Electronics (LG) will showcase its next generation of smart innovations and technologies that take advantage of Natural Language Processing (NLP) to allow customers to communicate, control, monitor

December 20, 2013 18:16

8ch HD-SDI DVR supporting PoC/CoC, DoubleReach™

One of major leading companies in HD-CCTV market which is based on HD-SDI transmission technology, WEBGATE(www.webgateinc.com) launched the most advanced 8ch HD-SDI DVR, HDC801F-PD which can support 2

December 19, 2013 10:19

Samsung Electronics announces winners of Samsung Smart App Challenge 2013 for Galaxy S4

On December 18th, Samsung Electronics announced the winning entries of the Samsung Smart App Challenge 2013 for Galaxy S4, a global competition for app development using the Samsung Chord SDK. The

December 19, 2013 09:27

Market for AMOLED Light-Emitting Materials Set to Surge in 2014

With a flood of new competitors set to initiate or increase the production of active-matrix organic light-emitting diode (AMOLED) panels next year, demand for materials used to make AMOLEDs is forecas

December 17, 2013 11:11

LG TO INTRODUCE NEWEST PREMIUM MONITORS AT CES

At the 2014 International Consumer Electronics Show (CES), LG Electronics (LG) will break new ground with the launch of its 34-inch IPS 21:9 UltraWide (Model UM95) monitor. Also available in a 29-inch

December 17, 2013 08:40

PayGate Co. Ltd researching on Bitcoins and Anti-Money-Laundry Policy

For the first time in electronic financial industry, PayGate established internal anti-money-laundry control and now it is under management. Some of the popular payment methods that PayGate offers

December 17, 2013 08:37

“Make a shopping mall through Wordpress” seminar

Wordpress is a tool used to create and manage websites. It is estimated that 1/6th of the websites are created by Wordpress. (Based upon data in the year 2012 September). Worpress is an opensource CSM

December 16, 2013 11:45

Louisiana Sheriffs’ Pension and Relief Fund v. IBM

Yesterday, IBM (NYSE:IBM) learned of a lawsuit pushing a wild conspiracy theory. This lawsuit seeks to confuse IBM's support for a U.S. cybersecurity legislative proposal -- which has yet to be enacte

December 13, 2013 10:20

Citibank Korea wins ‘Best Bank in Korea for 2013’ by Asset Magazine

Citibank Korea (CEO Ha, Yung Ku, www.citibank.co.kr) was awarded as ‘the Best bank in Korea for 2013’ in Triple A Country Awards for achievement for 2013 which were announced by Asset Magazine. It won

December 13, 2013 09:15

Chevrolet Trax Named Safest Car of the Year in Korea

GM Korea today announced that Chevrolet’s all-new small SUV, the Trax, has been named the Safest Car of the Year by Korea’s Ministry of Land, Infrastructure and Transport (MOLIT). The Trax received

December 12, 2013 11:09

LG RECOGNIZED FOR ADVANCED SPEECH AND GESTURE RECOGNITION INNOVATIONS

LG Electronics’ (LG) Smart TV advanced speech and finger gesture recognition functions have been validated by globally respected product testing and inspection body, Underwriters Laboratories (UL). Th

December 11, 2013 08:59

LG ANNOUNCES FIRST-EVER GOOGLE PLAY EDITION TABLET

The LG G Pad 8.3 from LG Electronics (LG) will be the first device ever to be designated a Google Play Edition tablet. Google’s first Android Open Source Project (AOSP) tablet will feature the latest

December 10, 2013 09:53

Citibank Korea Inc. launches co-promotion with Ssangyong Motors

Citibank Korea Inc.(CEO Ha Yung Ku, www.citibank.co.kr) announced to launch “5 Delightful Benefits offered by Citicard” promotion offering cash back benefits etc. in alliance with Ssangyong Motors dur

December 06, 2013 17:45

Korean Premium Art Commerce Application ‘picsell’ Launches Service in Hong Kong

Aart’s wallpaper application ‘picsell’ started out as a commerce collaboration project involving the world’s best known artists. It provides various artworks for download. ‘picsell’ app is growing in

December 04, 2013 09:23

LG OPTIMIZES SMART TV PLATFORM FOR SEAMLESS MULTI-DEVICE COMMUNICATIONS

LG Electronics (LG) will be the first company to incorporate the AllJoyn open source software framework into its Smart TV platform, giving users a new level of interoperability between devices. AllJoy

December 04, 2013 08:44

SurplusGLOBAL becomes the exclusive remarketer representing NXP Semiconductors for selling front end equipment

SurplusGLOBAL, Inc., a global leader in the secondary semiconductor equipment market, was awarded the contract for exclusive remarketing of NXP Semiconductors equipment in November. There are 239 semi

December 03, 2013 17:48

Ruyton Girls' School Selects Brocade to Enable Non-Stop Networking and Mobility for Technology-Optimised Learning

Students at Melbourne‘s Ruyton Girls’ School, one of Australia's leading independent girls schools, are now able to enjoy new online learning opportunities after deploying a new core IT network from B

December 03, 2013 11:05

LG G2, DESIGNED WITH ENVIRONMENT IN MIND, EARNS UL ENVIRONMENT AND CARBONFREE? CERTIFICATIONS

LG Electronics (LG) has earned key sustainability certifications from UL Environment and the Carbonfund.org Foundation for the award-winning LG G2 smartphone, further validating the company’s global s

December 02, 2013 14:19

GM Korea Has Highest Domestic Sales in 2013

GM Korea Company sold a November record 14,100 vehicles in Korea. Sales rose 2.4 percent from 13,768 vehicles sold in the same month last year. It was GM Korea’s best monthly sales this year and its f

November 29, 2013 09:28

KOHI successfully concluded ‘Population and Reproductive Health for Pakistan’ Program With KOICA

Korea Human Resource Development Institute for Health and Welfare, KOHI (President; Ryu Hoyoung) successfully concluded ‘Population and Reproductive Health for Pakistan’ Program with KOICA. Delegates

November 28, 2013 13:29

Like The Louvre in Asia, the Interior of the ‘Forest of Light,’ Asian Culture Complex Unveiled for the First Time

Asian Cultural Complex, scheduled for completion in 2014 unveiled its interior for the first time in 8 years of its construction. This is the largest cultural complex being built in Korea that will

November 27, 2013 17:00

G-STAR 2013: Closing with the Best Attendance of All Time

‘G-STAR 2013’, which was attended by 512 game-related enterprises from 32 countries in the world, ended in great success after 4 days of ‘dreamful game culture festival’ with 188,707 visitors, a recor

November 27, 2013 14:13

LG ELECTRONICS NAMES NEW EXECUTIVES

LG Electronics (LG) today announced 44 executive appointments, among them three new company presidents. Among the promotions are new executives to lead the Home Entertainment (HE) Company and Global S

November 26, 2013 15:49

Access Mobile Co., Ltd. Selected as a 2013 Red Herring Top 100 Global

Access Mobile Co., Ltd., announced that it has been selected as a winner for the 2013 Red Herring Top 100 Global, and recognized as one of the most promising ventures to lead the future technology at

November 26, 2013 05:00

Coinplug, a Bitcoin Startup, Announces a $400,000 Investment From Silverblue, Inc.

Coinplug, a Bitcoin startup, announces a $400,000 investment from Silverblue, Inc., “Silverblue is investing in Coinplug because of the excellent engineering and management team of Coinplug. Professio

November 20, 2013 10:33

Citibank Korea, Inc. expands its business into Korea’s domestic ABS market

The strong market player in the cross-border Asset Backed Securities (‘ABS’) market, Citibank Korea, Inc. (‘Citibank Korea’)(Yung Ku Ha, CEO of Citibank Korea) spoke up on Nov 20 that they would expan

November 20, 2013 09:43

MEDIANA donates AEDs and display equipment for guide to Yonsei University

Medical device company MEDIANA (Chairman Moon Jong Kil) donated two automated external defibrillators (AED) and two design input databases (DID) to Yonsei University at Future Hall at Yonsei Universit

November 19, 2013 11:41

Penta Security Extends Protection for MariaDB With ‘MyDiamo’

Data encryption and web security provider, Penta Security Systems Inc. (CEO/Founder Seokwoo Lee, www.pentasecurity.com) announced that MyDiamo, Penta Security's database encryption solution for MySQL,

November 19, 2013 06:00

Spika to Showcase ‘ShareON Video’ at TechCrunch 2013 in Shanghai

Spika will introduce their new Full HD Streaming Media Player APP ‘ShareON Video’ at “Shanghai 2013 TechCrunch” with aims to break into the global market. TechCrunch Shanghai 2013 will be held on

November 18, 2013 13:08

WEBGATE won the HDcctv Leadership Award for 3 years in a row

Daemyung Enterprise, WEBGATE division (http://www.webgateinc.com) had won the “Compliance Leadership Award” from HDcctv Alliance. The awards ceremony was held at China Public Security Expo(CPSE) in Sh

November 15, 2013 17:10

Doosan EcoBizNet Co., Ltd. Launches Microorganism Utilization Solution ‘CellAct’ Business for Eco-friendly Organic Farming

Leading eco-friendly organic farming company Doosan EcoBizNet Co., Ltd. (CEO Jae Sung Ryu) said it has completed the preparation for the effective microorganism utilization total solution CellAct busi

November 15, 2013 16:37

Listem Receives the Longevity Award by the Minister of Trade, Industry and Energy

On November 1st, the award ceremony for Longevity Award hosted by Korea Federation of Small and Medium Business took place at Busan Paradise Hotel. At the award ceremony, LISTEM Corp., (chairman, Chan

November 15, 2013 13:13

Eco-friendly construction materials company Anywood introduces high quality transparent soundproof walls

Anywood (CEO Cheol Hwan Im) is an eco-friendly construction materials company that seeks after natural beauty. Anywood has introduced in October the separable reflective soundproof wall and plate (tra

November 15, 2013 10:07

medirune Leads the New Chapter of the menstrual, muscle Pain Relieving Device

People of modern society suffer from at least one small or big pain. Workers live with stiff neck by working overtime, housewives have wrist pain from relentless housework, and women have menstrual pa

November 15, 2013 09:33

Telefónica Chile Launches Commercial LTE Network Using Samsung Technology

Telefónica Chile (Movistar) announced the commercial availability and of its LTE services throughout Chile. The new mobile network uses Samsung’s advanced and differentiated LTE network solutions, whi

November 14, 2013 16:02

University Hospital Recognizes the Quality of JNPharm LLC. Skin Regenerating Cream Dr. DERMACH

JNPharm LLC. (CEO Sung Pil Kwon)’s skin regenerating cream Dr. DERMACH (www.dr-dermach.com) is now commercialized. Dr. DERMACH is a regenerating cream that prevents aging and takes care of skin troubl

November 14, 2013 15:59

Natural Cosmetics Brand Peausque Holds a Special Event for SNS Family

Natural cosmetics brand Peausque (JNPharm LLC., CEO Sung Pil Kwon) will be holding a special event for the SNS family. Members of Peausque SNS family can enjoy the benefit of receiving a free Diape

November 14, 2013 15:03

Choyang Doctor Medical Takes Off to Medical Warmer, Cheongung

Choyang Doctor Medical Co., Ltd. (Chairman Chan Hui Kim) officially opened its 85th branch (Director Jeong Ok Kim) in Mohyeon-dong, Jeonbuk on October 28, 2013. Few days before the opening, Chairman K

November 14, 2013 14:00

‘Dream-Filled Game Culture Festival’, Grand Opening of G-Star 2013

‘GAME Together, DREAM Forever' G-STAR 2013 (Game Show and Trade All Round) -a festival where people realize their dreams in the world of games,- had an official opening ceremony on Thursday, November

November 14, 2013 13:47

i-SENS Releases a Blood Glucose Management Application for Smartphone

i-SENS representative Geun Sig Cha (CEO) mentioned that the company will launch a blood glucose management application for smartphone on the 11th. Since frequent glucose level checkups may help one

November 14, 2013 11:14

GM Korea Launches Chevrolet 2014 Camaro RS Sports Car

GM Korea Company has launched the 2014 Chevrolet Camaro RS. The all-American sports car incorporates new styling and cutting-edge convenience features. The Camaro has evolved through five generatio

November 14, 2013 10:17

Daeyang Medical Develops Nano Steam Technology System (NST System)

Daeyang Medical Co., Ltd. (CEO Yun Il Yong) said it has finished its development of the nano steam technology system (NSTS) in last February. NSTS is a nano delivery system that manages injection and

November 14, 2013 10:16

Daeyang Medical’s Revolutionary Skin Care Device Liftron TherMatrix

Daeyang Medical (CEO Yun Il Yong)’s Liftron TherMatrix is recording noticeably high sales in Asia and the Middle East. Liftron TherMatrix is an innovative medical device that can be applied to any ski

November 13, 2013 14:17

APCast Announces Mirroring Technology in the Car

KHVatec (KOSDAQ: 060720) (CEO: Nam, Kwang-Hee, www.khvatec.com), the company designing, manufacturing and selling electric accessories, announced that their wireless receiver ‘APCast,’ which is the pr

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