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Sat, February 24, 2024 | 06:09
Korea still behind in software power
Korea’s competiveness in the global IT industry has to date been from making durable, high quality hardware. Though many use Samsung Electronics’ Galaxy S3, few would say they’ve ever used a program made here and if they did, with satisfaction.
Tax office to inspect alcohol industry
The National Tax Service (NTS) said Friday that it will inspect the alcoholic beverage industry to crack down on companies’ “forced sales” on wholesalers and retailers.
SK to revamp Cyworld
SK Communications, the social network service (SNS) affiliate of SK Group, is planning a comprehensive refashioning of its ailing service Cyworld, industry officials said Friday.
Ssangyong rescue plan delayed
The rescue plan for Ssangyong Engineering & Construction’s (Ssangyong E&C) has been delayed as some creditor banks have failed to send a letter of agreement, Thursday.
Speed of changes in IT sector opens opportunities
Jee Joon-young, representative director of enterprise solution maker Adobe Korea, said the dynamic energy driving the IT industry was worth it despite all the difficulties in adapting to the rapid changes.
Builders to focus on electric power plants
Construction companies are now focusing on winning orders for electric power plants from developing countries, in an effort to bolster their faltering margins, according to industry sources.
AMCHAM celebrates 60th anniversary
American Chamber of Commerce in Korea (AMCHAM Korea) held a commemoratory event celebrating its 60th anniversary here Tuesday.
Adobe launches cloud service for individuals
Adobe Systems Korea launched a version for individual users of its flagship solution Creative Cloud Tuesday.
FTC probes antitrust allegations against NHN
The Fair Trade Commission (FTC), the nation’s antitrust regulator, is investigating NHN, the operator of dominant portal Naver, for possible unfair business practices, industry officials revealed Tuesday.
Samsung unveils core 5G technology
Samsung Electronics announced Sunday that it has developed technology that allows data transmission on fifth-generation (5G) networks for the first time in the world. It plans to commercialize the 5G-based speed data service by 2020.
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