Korea News Releases

September 13, 2012 12:03

Votem Co., Ltd. aiming at the overseas market with quick and easy A/S · upgrade

Votem Co., Ltd., .(CEO Mun-Seok Kang, www.votem.kr) a Korean company specializing in medical equipment, is getting attention with sales and export growth of 100% annually since its founding in 2007.

September 12, 2012 17:06

LG SMARTPHONE DESIGNER: “LG CHOCOLATE, PRADA DNA LIVES ON IN OPTIMUS G”

“Our top priority was to carry over LG’s unique design DNA and heritage to Optimus G,” says the phone’s Chief Designer Sera Park. “Optimus G has many of the elements that we incorporated in the past i

September 12, 2012 12:01

Korea’s cutting-edge parts & materials company, NNP developed a ‘Eexposure’ using lenticular lens technology

Korea's surface plating technology development company, NNP Co., Ltd. (President Chun Seop Hwang, www.nnptechno.com), developed a new concept exposure based on micro pattern implementation technology.

September 11, 2012 17:07

DONGA ENG Co., Ltd. inaugurated production plant of auto parts molds in the Czech Republic

DONGA ENG Co., Ltd., (CEO: Byung Jo Kang, www.dongaeng.co.kr) a company manufacturing molds for automotive interior parts, said “it had acquired a 4,800-square-foot factory building of Germany’s Schul

September 11, 2012 15:20

The first authentication means of electronic financial transaction, officially recognized by FSS, to be released

The Authentication Means Evaluation Committee of FSS (Financial Supervisory Service) has chosen PayGate as the first authentication enterprise on the 9th of this month. The accredited certificate,

September 11, 2012 10:39

AdbiotechCo., Ltd. developed cosmetic raw materialswith higher absorption rate for improvement of skin elasticity and wrinkles

Adbiotech Co., Ltd.(President Hong Gul Jung, www.adbiotech.com), a life science bio company in Korea,has recently developed ‘SP1-EGF’ and‘SP1-FGF1’, which arecosmetic raw materialswith anincreased ski

September 10, 2012 16:55

A Korean Medical Device Vendor, HYUN MEDICS ‘Spurs’ to be the representative corporation of Gangwon-do

Korean medical device vendor, HYUN MEDICS(CEO Seo Hyun-bae, www.humaninterface.co.kr) is strengthening its position as a promising small and medium sized company within Gangwon-do. HYUN MEDICS is a me

September 10, 2012 09:45

Citibank offers fee waiver, loan interest rate discount etc. in celebration of ‘Client Appreciation Week’

Citibank Korea Inc.(CEO Yung-Ku Ha, www.citibank.co.kr) holds ‘Client Appreciation Week’ from Sept.10(Mon) to Sept.14(Fri) under different themes every day to reassure the importance of customers and

September 09, 2012 17:18

Liquidity Support for Ssangyong E&C Settled…Reports about a Crisis Unfounded

Ssangyong E&C creditors have chosen Woori Bank as its main creditor bank, and shall enter into an intercreditor agreement, completing liquidity support before the end of this month. An official of

September 09, 2012 11:55

Magento joins PayGate for Korean Electronic Payment Solution

Magento(www.MagentoCommerce.com), the world’s most rapidly growing open source electronic transactional solution, has been released with a pure Korean type electronic payment system. Recording more

September 07, 2012 11:30

SAMILAUTO Co., Ltd., acquiring CE by ‘pneumatic actuator’

SAMILAUTO Co., Ltd., (CEO Rho chang hwan, www.kosaplus.com) a company specialized in industrial goods, said that it acquired the European Union’s CE certification by pneumatic actuator on August 14, 2

September 07, 2012 11:21

ELECTRONICS CONSUMERS WILLING TO PAY MORE FOR RESPONSIBLY PRODUCED PRODUCTS, ACCORDING TO CNN’S 2012 CONSUMER ELECTRONICS SURVEY

As the spotlight increasingly shines on manufacturers’ commitment to ethical business practices, two thirds (65%) of global consumers say they are willing to pay more for electronics products that hav

September 06, 2012 18:42

Visit Korea 2.0: KTO Upgrades Smartphone App

The Korea Tourism Organization has released Visit Korea 2.0, the upgraded version of the original Visit Korea smartphone application. Visit Korea 2.0 contains expanded travel content and informatio

September 06, 2012 10:48

Jeis Holdings, Co, Ltd., a Korean company, supplying the technologically advanced inspection equipment and solar inverter of Germany and USA to the domestic market

Jeis Holdings Co., Ltd. (President Jae Seung Cho, www.jeisholdings.com), a specialized supplier of factory automation design in Korea, is undertaking the domestic supply of the overseas inspection equ

September 06, 2012 10:08

Citi Card rolls out ‘Chu-Seok’ event

Citibank Korea Inc.(CEO Yung-Ku Ha, www.citibank.co.kr) launches Chu-Seok promotion in relation to Chu-Seok, Korean Thanksgiving. This event, which runs from Sept 7th to Oct 7th, is for all Citi Card

September 05, 2012 09:34

Citibank Korea wins ‘Best Internet Bank’ in Korea for three years in a row

Citibank Korea (CEO Ha, Yung Ku, www.citibank.co.kr) was ‘Best Consumer Internet Banks’ and ‘Best Corporate/Institutional Internet Banks’ in Korea by Global Finance magazine for three years in a row.

September 05, 2012 09:09

S-OIL provides customized learning aids for disabled youths

On Sept. 5, S-OIL donated 100 mil. won worth of customized learning aids to the Gyeonggi-do Assistive Technology Research & Assistance Center to provide 78 disabled children in low income families.

September 04, 2012 17:14

Jejoong Medical Participating in ‘Florida International Medical Expo 2012 in Miami’

Jejoong Medical, Co, Ltd., (CEO: Kim In-Soo, www.jejoong-medical.com) a company specialized in electrosurgical units and medical film illuminators, attempted once again to reach out to the world throu

September 03, 2012 18:23

Medigate established the bridgehead in FIME 2012 for targeting the North American market

Korean medical device-specialized company, Medigate (CEO, Kim Seong-hwan, www.medigate.biz) announced, “we participated in FIME 2012: Florida International Medical Expo from 8th to 10th in Florida, US

September 03, 2012 13:58

GM Korea Reports August Sales of 45,167 Vehicles

GM Korea Company announced today that it sold 9,808 vehicles in Korea and exported 35,359 vehicles in August, for total monthly sales of 45,167 vehicles. The company’s domestic sales in August were

September 02, 2012 15:44

LG READY TO LEAD GLOBAL TV MARKET WITH NEXT GENERATION TECHNOLOGIES

Speaking at IFA 2012 in Berlin, Havis Kwon, CEO of LG Electronics Home Entertainment Company, said LG is looking forward to a sustained period of profitable growth by leveraging current technologies t

September 02, 2012 06:00

Citibank launches bonus mileage promotion in celebration of Citi 200th anniversary

Citibank Korea Inc.(CEO Yung-Ku Ha, www.citibank.co.kr ) launches “Bonus Mileage” promotion for Citi mileage card customers in celebration of its 200th anniversary from September 1 to October 31. C

August 31, 2012 10:01

Citibank Korea wins Best Foreign Commercial Bank in Korea

Citibank Korea (CEO Ha, Yung Ku, www.citibank.co.kr) was awarded Best Foreign Commercial Bank in the annual FinanceAsia Country Awards for Achievement for 2011, which were announced in July. This is

August 30, 2012 21:55

Samsung Hosts Developer Day at IFA 2012

Samsung Electronics Co., Ltd, a global leader in digital media and digital convergence technologies, today hosted its Samsung Developer Day at IFA 2012. Over 1,000 application developers from across t

August 30, 2012 18:22

Samsung Pushes the Boundary of Innovation at IFA 2012

Samsung Electronics Co., Ltd, a global leader in digital media and digital convergence technologies, today at IFA 2012 unveiled its vision for the consumer electronics market and introduced the produc

August 30, 2012 18:11

Samsung Introduces New Ovens at IFA 2012

Samsung Electronics Co., Ltd, a market leader and award-winning innovator in consumer electronics, unveiled today at IFA 2012 its smart oven and compact oven — two new innovations and enhancements to

August 30, 2012 16:12

LG TO PRESENT FULL LINE-UP OF LEADING HOME ENTERTAINMENT PRODUCTS AT IFA 2012 FEATURING WORLD’S LARGEST AND SLIMMEST OLED TV

LG Electronics will showcase a medley of industry-leading consumer electronics under the banner “ABOVE AND BEYOND” at this year’s IFA show in Berlin. At the center of it all is the world’s largest and

August 30, 2012 14:57

Career Partners International Expands Global Coverage

Career Partners International, one of the world’s largest providers of talent management solutions, is pleased to announce its expansion in Dubai, UAE, Warsaw and Poznan, Poland, and New Delhi, India.

August 30, 2012 10:49

Citibank Premium Wine Club Grand Opening

Citibank Korea Inc.(CEO Yung-Ku Ha, www.citibank.co.kr) launches ‘Premium Wine Club’ that offers 10% discounts on renowned wine brands to all Citi Card customers (including Citi BC, Citi corporate car

August 29, 2012 16:41

Citibank Korea Reports KRW 40.5 billion in Net Income for the second quarter 2012

Citibank Korea Inc., (CKI, CEO YK Ha, www.citibank.co.kr) today reported net income of KRW 40.5 billion for the second quarter 2012, on revenues of KRW 388.0 billion. Net income was 71.9% lower than t

August 29, 2012 16:14

LG ELECTRONICS, TP VISION AND TOSHIBA EXPAND MARKET REACH WITH SMART TV ALLIANCE

Smart TV Alliance, launched in June this year by founding board members LG Electronics and TP Vision with Toshiba joining shortly after, has expanded with new members with expertise from different are

August 29, 2012 15:04

Maruchi, acquired Venture Company Certificate with patented product, Endocem

Dental equipment manufacturer Maruchi Co., Ltd. (CEO Sung-Wook Jang, www.endocem.com) announced to have acquired Venture Company Certificate (No. 20120106106) from KIBO last June 28th. Venture Comp

August 29, 2012 10:18

CKI and KOTRA sign the MOU on bilateral cooperation for global middle market enterprises

Citibank Korea Inc. (CKI, CEO Yung-Ku Ha, www.citibank.co.kr) and Korea Trade-Investment Promotion Agency (KOTRA, President Young-Ho Oh, www.kotra.or.kr) have announced that CKI and KOTRA sign the Mem

August 28, 2012 16:32

LG UNVEILS WORLD’S FIRST LTE SMARTPHONE WITH SNAPDRAGON QUAD-CORE

LG Electronics (LG) revealed its newest premium mobile device with the announcement of the Optimus G, a high-end smartphone that offers powerful performance, an elegant and sleek design, and an innova

August 28, 2012 16:03

LG UNVEILS PREMIUM IPS MONITORS PERFECT FOR BOTH GRAPHICS PROFESSIONALS AND ENTERTAINMENT ENTHUSIASTS

LG Electronics (LG) unveiled two new premium IPS moni-tors today at the IFA tradeshow in Berlin, the EA93 and EA83. The EA93 is designed to enjoy variety of entertainment and the EA83 is specifically

August 27, 2012 16:04

LG OPENS GAME WORLD FOR CONVENIENT ACCESS TO WIDE RANGE OF SMART TV GAMES

LG Electronics (LG) today announced the launch of its new Smart TV game portal, Game World. Anticipating a new era of downloadable casual 3D games, LG developed Game World exclusively for its CINEMA 3

August 27, 2012 13:22

TAEYEON Medical, gets warmed into overseas sales of ‘Natural Wave’, a sound wave athletic apparatus

A Korean medical device corporation, TAEYEON Medical(CEO Gil-Woon Choi, www.tymedical.com) starts sales activity of ‘Natural Wave’, a sound wave athletic apparatus that they developed for the health c

August 27, 2012 13:20

A Korean medical device enterprise, GOODPL, launched ‘GP-120D’, a medical laser irradiation apparatus

GOODPL(CEO Chi-Sung Jeong, www.goodpl.kr), the Korean medical device-specialized enterprise, has newly launched ‘GP-120D’ of laser apparatus for medical use. ‘GP-120D’ is an apparatus which irradia

August 26, 2012 16:08

LG’S PREMIER PERSONAL SMART TV BRILLIANTLY INTEGRATES DESIGN AND FUNCTION

LG Electronics (LG) unveiled its newest premier TM2792 Personal Smart TV at IFA 2012 in Berlin. The ultimate entertainment platform, the TM2792 allows users to enjoy a vast array of innovative feature

August 26, 2012 12:13

LG COMPANIES COLLABORATE ON NEXT GEN SMARTPHONE

The next major smartphone from LG Electronics (LG) will be a as significant for the way it was developed as for its performance and specifications. That’s because LG Electronics and its vertically-int

August 24, 2012 16:33

LG TO SHOWCASE VARIETY OF LEADING AUDIO AND VIDEO PRODUCTS WITH ENHANCED CONNECTIVITY AT IFA

LG Electronics(LG) is set to show off a variety of audio and video products at this year’s IFA tradeshow in Berlin. Following the strategy that gave LG leadership in the 3D TV market, LG is aiming to

August 24, 2012 09:17

Tour of Korea in Gangnam Style

Q: What do you think are success factors in the Korean Wave? A: It’s because the Government didn’t interfere in it during its initial period as they didn’t know what it was about. However, i

August 23, 2012 16:08

LG CINEMA 3D SMART TV LEADS REVOLUTION IN TV INDUSTRY WITH BREAKTHROUGH TECHNOLOGIES

Rarely is a technology trend so pronounced that it has the power to shift buying habits of an entire world. Light bulbs led to the extinction of oil lamps, music on convenient cassette tapes contribut

August 23, 2012 14:50

Daiwha Co., Ltd. released ‘DS-3000’, UI-type Syringe Pump

A medical device corporation, Daiwha Co., Ltd. (CEO: Lee, Anh-Bae, www.daiwha.com) released a syringe pump, ‘DS-3000.’ This new syringe pump, DS-3000 is designed to meet the requirement of high acc

August 22, 2012 13:14

LG LAUNCHES WORLD’S FIRST 84-INCH UD 3D TV WITH UNPARALLEL PICTURE QUALITY

LG Electronics (LG) today introduced the world’s first 84-inch Ultra Definition (UD) 3D TV in the Korean market. LG’s UD 3D TV is the company’s response to growing consumer demand for larger, more imm

August 20, 2012 11:06

LG ANNOUNCES GLOBAL AVAILABILITY OF OPTIMUS VU

On the heels of its successful debut in Korea and Japan, the Optimus Vu: will make its global debut starting in select markets in Europe, Asia, Middle East/Africa and Latin America starting in Septemb

August 20, 2012 10:11

Chevrolet Launches 2013 Aveo

GM Korea launched the 2013 Chevrolet Aveo and started sales of the upgraded model nationwide today. The Aveo has been warmly received around the globe thanks to its dynamic performance and outstanding

August 19, 2012 11:05

The ‘Unification Declaration’ for Korea Issued By Global Peacemakers in Seoul, Korea

The ‘Global Peace Festival Korea 2012’ was held at the Grand Hilton in Seoul, Korea, co-hosted by the Global Peace Festival Foundation (Chairman Hyun Jin Moon), Congressmen Sung-tae Kim, Ki-un Bae, My

August 17, 2012 16:08

Samsung and Osram Reach Global Settlement over LED Patent Suits

Samsung Electronics Co., Ltd. and OSRAM AG and have reached an agreement to settle all patent suits between them worldwide. The patent suits have been filed in various countries amongst others Germany

August 17, 2012 10:22

Citibank Korea Launches Citigold Private Client, a Wealth Management Service for HNWIs with Special Attention to Investing

Citibank Korea has opened its first Citigold Private Client Center in the 12th floor of Gangnam Finance Center on August 17, 2012. On the day of the opening, senior management from regional and local

August 16, 2012 16:39

Sheppard Mullin to open Seoul office

Sheppard, Mullin, Richter & Hampton LLP, a top ‘pro-Korean’ law firm based in the U.S., will open a foreign legal consultant office – the first of its kind in Korea – on the 23rd floor of Center One B

August 16, 2012 11:46

The pro-Korean global leaders will gather together to discuss the future vision of a unified Korea

Korea Global Peace Festival (GPF) Foundation (Chairman: Hyunjin Moon) will hold Global Peace Leadership Conference Korea 2012 (GPLC 2012) at Grand Hilton Hotel in Seoul on Aug. 17-18, 2012. This is th

August 16, 2012 08:25

Samsung GALAXY Note 10.1 U.S launch

Samsung Electronics America Inc., a market leader and award-winning innovator in consumer electronics, today announced its highly anticipated GALAXY Note 10.1 for the U.S. market. The device will be a

August 15, 2012 12:05

LG ACHIEVES SALE OF FIVE MILLION LTE SMARTPHONES

LG Electronics (LG) announced that it reached a new milestone with global sales of five million LTE smartphones to date. After reaching sales of four million LTE smartphones last month, an additional

August 09, 2012 16:39

Medigate, launched the six-channel Electrocardiograph ‘MeCA406i’

Medigate (CEO Seonghwan Kim, www.medigate.biz) has launched the six-channel electrocardiograph ‘MeCA406i’. Electrocardiograph is an instrument for detecting and recording the bioelectric generated

August 08, 2012 15:44

Votem to donate 100 million Won to Community Chest of Korea … Joined in ‘Honor Society’

Medical equipment specialized manufacturer Votem Co., Ltd.(CEO Mun-Seok Kang, www.votem.kr) will to donate 100 million Won to Community Chest of Korea in order to perform its social responsibility thr

August 08, 2012 13:15

M CURE, will release PST Technology-applied beauty appliance ‘SRT’ on coming 11th

A professional manufacturer of medical device, M CURE (CEO, Man-Gyu Lee, www.mcure.co.kr) will release the world’s first PST-applied beauty appliance ‘SRT’ which aims to increase the safety, accuracy

August 08, 2012 10:30

Samsung Demonstrates Broadcast Services Over LTE Using Anritsu's Rapid Test Designer(RTD) and MD8430A

Samsung Electronics Co., Ltd, a global leader in digital media and digital convergence technologies, has successfully demonstrated clear reception capabilities of LTE Broadcast services using evolved

August 07, 2012 12:04

LG ANNOUNCES QUICKMEMO FEATURE FOR OPTIMUS L-SERIES SMARTPHONES

LG Mobile Communications today announced the availability of its highly sought-after QuickMemo™ feature for its entire line of Optimus L-Series smartphones through a maintenance release upgrade. Curre

August 06, 2012 16:02

PANANOMICS, obtained European CE Certification for Wise-DR Chest & Wise-DR Multi

PANANOMICS(CEO Lee Ju-Sang, www.pananomics.com) who is the X-ray manufacturer obtained CE(Conformite Europeenne Mark) Certification for the digital X-ray ‘‘Wise-DR Chest’ and ‘Wise-DR Multi’. Euro

August 03, 2012 13:33

Neo Vision, developed Internal Absorption Technology (IA) for contact lens after Sandwich Process

A contact lens manufacturer, Neo Vision (CEO Kyung-Hwa Kim, www.neolens.co.kr) stated that “we have developed a new ‘Internal Absorption Technology’ which interfuses pigment inside the lens”. Recen

August 02, 2012 09:24

Korea Hosts the 16th International Congress of Oriental Medicine

The 16th International Congress of Oriental Medicine will be held on Sep 14th (Fri) - 16th (Sun), 2012 at COEX in Seoul co-hosted by organizing committee of the World Traditional Medicine Expo 2013 an

August 01, 2012 18:00

KOHI successfully concluded ‘Health Policy and Program Management for Rwanda’ Program With KOICA

Korea Human Resource Development Institute for Health and Welfare, KOHI (President; Lee Sangyong) successfully concluded ‘Health Policy and Program Management for Rwanda’ cooperated with KOICA. Direct

August 01, 2012 14:09

GM Korea Reports July Sales of 60,720 Vehicles

GM Korea Company announced today that it sold 12,001 vehicles in Korea and exported 48,719 vehicles in July, for total monthly sales of 60,720 vehicles. The company’s domestic sales in July decreas

August 01, 2012 10:15

Citibank Korea Inc. launches ’Free sweet sparkling wine’ event

Citibank Korea Inc.(CEO Yung-Ku Ha, www.citibank.co.kr) offers free bottle of sweet sparkling wine to all Citicard customers(Citi BC, Coprporate card included) for 1 month from August 1(Wed) to August

July 31, 2012 10:11

Logicplant Upgrades Program Shifting Function in uZard Pop, Mobile PC Remote Control Solution

Having globally launched the Android version of uZard Pop, a mobile PC remote control solution that is installed with the industry-first Wake On WAN function, Logicplant said it upgraded the Web brows

July 30, 2012 18:06

BOSUNG MEDITECH’s ‘blood drawing equipment’ reinforced with safety and hygiene, SafeLan® Series draws attention

Recently, secondary infection caused by reuse of disposable medical device becomes a social issue in many countries. Especially when it comes to the blood drawing needle, medical institutions reuse it

July 27, 2012 18:12

DAE KYOUNG IND. CO., LTD. developed the world’s smallest and lightest Urine Analyzer KMD-8888

A ‘Urine Test’ is the essential course as undergoing a medical checkup because it is very important method of checking our physical health including obesity and diabetes. However, contemporary people

July 27, 2012 14:57

Spatech, ‘Nano Treatment System N Care’ Working for Skin/Scalp Management

Treatment System N Care appeals to various kinds of skin care shop, beauty shop, oriental medical clinic, and plastic surgery as well as scalp and hair clinics, scalp care instructor academy, scalp an

July 27, 2012 14:53

Nakchun, a specialized company in Makgeolli, presents two kinds of Gijangsoo Makgeolli at famous department stores

A Makgeolli brewer of Korea, Nakchun (CEO, Sung, Jae-Gi, www.nakchun.co.kr) started to sell two kinds of their Makgeolli products at Lotte Department Stores and Shinsegae Department Stores in Seoul an

July 27, 2012 10:20

CKI completes multi-cultural families’ teenagers support program

Citibank Korea (http://www.citibank.co.kr) and JA Korea (www.jakorea.org) held a presentation session on “Citi-JA Hero Program” at the auditorium, 20th fl., Citibank Korea HQ Bldg. on June 27, 2012. S

July 27, 2012 10:06

Nuga Medical Co., Ltd., Chairman, Cho, Syung-Hyun, awarded ‘Honorary Korean Trader of the Month’

Mr. Cho, Syung-Hyun, chairman of a medical appliance company, Nuga Medical Co., Ltd., (www.nuga.kr) was awarded the 51st ‘Honorary Korean Trader of the Month’ for his contribution in excellent actual

July 27, 2012 08:47

Samsung Electronics Announces Second Quarter 2012 Earnings Results

Samsung Electronics Co., Ltd. today announced revenues of 47.60 trillion Korean won on a consolidated basis for the second quarter ended June 30, 2012, a 21-percent increase year-on-year. For the q

July 26, 2012 14:22

Ssangyong Motor records sales of KRW 1,355.9 billion in the first half of 2012

Ssangyong Motor (President & CEO Lee Yoo-il; www.smotor.com), part of the US$15.4 billion Mahindra Group, announced on July 26, 2012 that the company recorded 56,653 vehicles in sales volume (includin

July 26, 2012 14:09

BiltzGreen expected to lead eco-friendly synthetic wood sector, in Korea and abroad

As the goal of ‘low-carbon green growth’ based on reducing energy consumption to preserve the natural environment, combat climate change and reduce environmental damage becomes more strongly emphasize

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