Korea News Releases

June 07, 2012 11:35

GM Korea President Carries Out Communicative Management “Customers and Employees Are Our Top Priority”

GM Korea Company President and CEO Sergio Rocha is carrying out communicative management, sharing the company’s objectives and key agenda with employees. Rocha, who met with employees during last m

June 06, 2012 10:54

Summer Hanbok keyword ‘Sexy & Demi-mini’ – Ahn’s Hanbok Experience

Summer is becoming longer and longer almost as if spring has disappeared so Hanbok could be one of concerns for people who go through events in summer. There is a tendency to skip Hanbok for the re

June 04, 2012 09:29

Citibank Korea launches “The Dream Event” to celebrate the 3rd anniversary of Citi Rewards Card

Citibank Korea, Inc. (CEO Ha Yung Ku, www.citibank.co.kr) announced to launch “The Dream Event” (meaning ‘to give more’ in Korean) in celebration of the 3rd anniversary of Citi Rewards Card. Custom

June 01, 2012 14:13

Ssangyong Motor records sales of over 10,000 vehicles for the second straight month in May

Ssangyong Motor(President & CEO Lee Yoo-il; www.smotor.com), part of the US$14.4 billion Mahindra Group, announced on June 1 that the company sold a total of 10,163 vehicles in May 2012, - 4,104 in d

June 01, 2012 13:58

GM Korea Reports May Sales of 67,571 Vehicles

GM Korea Company announced today that it sold 13,005 vehicles in the domestic market and exported 54,566 vehicles in May. Total sales for the month were 67,571 vehicles. Once again driven by strong

May 31, 2012 11:36

Logicplant Launches Unique Remote PC Solution for Smart Phones

Logicplant, a mobile solution provider, launched uZard Pop, the first-in-industry remote PC solution that is installed with the Wake On WAN function, in the global market. The Wake On WAN is a uni

May 30, 2012 15:19

Citibank Korea Reports KRW 89.9 billion in Net Income for the first quarter 2012

Citibank Korea Inc., (CKI, CEO YK Ha, www.citibank.co.kr) today reported net income of KRW 89.9 billion for the first quarter 2012, on revenues of KRW 421.9 billion. Net income was 36.6% lower than th

May 24, 2012 11:06

General Motors to Expand Design Operations in Korea

General Motors announced today that it will expand its global design center in Incheon, Korea, doubling the size of the facility to include new modeling studios, display spaces and areas for creative

May 24, 2012 10:31

ITS GAME 2012 Attracts Game Makers From Every Corner of the World

The Korea Creative Content Agency (KOCCA), led by President Sang-Pyo Hong, is going to hold ITS GAME 2012, where key buyers in international game markets are invited with an aim to support the export

May 24, 2012 09:08

GM Korea Presents Strategy for Chevrolet’s Next Leap Forward at 2012 Busan International Motor Show

GM Korea is celebrating the second year of its Chevrolet brand in the domestic market by displaying a range of innovative new concept cars and production vehicles at the 2012 Busan Motor Show, which s

May 24, 2012 09:00

CNN CONTINUES REIGN AS NUMBER ONE INTERNATIONAL NEWS AND BUSINESS CHANNEL IN ASIA PACIFIC

CNN reaches more viewers globally than any other international news channel, with findings from both the latest Pan-Asia Pacific Cross-Media survey (PAX) and Europe’s Media and Marketing Survey (EMS)

May 24, 2012 08:58

Ssangyong Motor unveils New Premium SUV Rexton W at Busan Motor Show

Ssangyong Motor(President & CEO Lee Yoo-il; www.smotor.com), a part of the USD 14.4 billion Mahindra Group, unveiled the New Premium SUV, the Rexton W, for the first time at the 2012 Busan Motor Show

May 18, 2012 16:36

Samsung Electronics Presents a New Graphene Device Structure

Samsung Advanced Institute of Technology, the core R&D incubator for Samsung Electronics, has developed a new transistor structure utilizing graphene, touted as the “miracle material.” As published

May 18, 2012 08:32

Samsung Now Producing Industry’s First Highest Density Mobile LPDDR2 Memory, Using 20nm-class Technology

Samsung Electronics Co., Ltd., a global leader in advanced semiconductor technology solutions, announced today that it has begun producing the industry’s first four gigabit (Gb), low power double-data

May 17, 2012 19:22

2012 WACS Congress Daejeon Closes in Success

“The WACS Congress Daejeon succeeded not only in obtaining recognition of the Guinness Book of Records but also it provided a chance of paying more concentrated attention to our profession of chef. Pe

May 17, 2012 11:02

SAMSUNG SET TO KICK OFF ON-SITE ACTIVATION FOR LONDON 2012 OLYMPIC TORCH RELAY

Samsung Electronics, Ltd, a global leader in consumer electronics and a Presenting Partner of the London 2012 Olympic Torch Relay, revealed today its Olympic Torch Relay programme just days before the

May 17, 2012 08:36

Flip Viewing “Automation World 2012 Exhibition” - Automation and IT convergence technologies

Let’s find the answers in the exhibition (Automation World 2012) how 3S(Smart, Saving, Safety) new technologies and new products fused with Automation & IT create a blue ocean and green ocean? “Au

May 16, 2012 17:07

LG’S NEW OPTIMUS UI 3.0 ADDS NEW FEATURES AND FUNCTIONS WHILE BEING UNOBTRUSIVE AND SIMPLE

LG Electronics (LG) is introducing a new User Interface (UI) for its newest Android Ice Cream Sandwich devices, aptly named Optimus UI 3.0. Optimus UI 3.0 brings with it an array of enhanced key featu

May 16, 2012 09:42

GM Korea Hosts Large-Scale Global Product Conference

GM Korea Company held the 5th GM Korea Global Product Conference from May 14 to 16 at its Bupyeong headquarters and Cheongna Proving Ground in Incheon. About 100 GM marketing, sales and aftersales

May 15, 2012 17:25

LG’S FIRST QUAD-CORE SMARTPHONE HEADS TO EUROPE IN JUNE

LG announced that the Optimus 4X HD, which was first introduced at Mobile World Congress (MWC) in February, will be available next month in key markets starting in Western Europe. Beyond the fast N

May 14, 2012 11:07

IVI vaccinology course boosts developing country capacity in vaccine research and immunization

The International Vaccine Institute (IVI), an international organization devoted to research in vaccine development and introduction for the developing world, will hold its “Annual International Advan

May 14, 2012 09:43

Citibank to garner 10 million to Grand Prize Winner at “Financial New Product Development Contest”

Citibank Korea, Inc. (CEO Ha Yung Ku, www.citibank.co.kr) will hold the “Financial Product Development Contest” open to Citibank customers and employees from May 14th to June 15th in commemoration of

May 13, 2012 12:11

GM Korea Employees Celebrate Month of the Family at Family Day

About 15,000 GM Korea employees and family members celebrated GM Korea Family Day at Incheon Munhak World Cup Stadium on May 12. As Korea marks the Month of the Family, GM Korea arranged fun activitie

May 09, 2012 10:25

Ahn’s Hanbok Launched Hallyu Hanbok Culture Experience Package

There are more and more foreign visitors coming to Korea due to the overseas popularity of Korean drama, K-pop and Korean idol stars. In particular, Japanese tourists make up about 40% of the total nu

May 07, 2012 10:24

Samsung SDS advances into the Middle East with the

Samsung SDS (President & CEO, Alfred S. Koh) is advancing into the Middle East with the DSC (Digital Space Convergence) business experience that has been applied to entities such as major domestic uni

May 06, 2012 09:00

Citibank Korea offers excellent benefits on social commerce coupon

Citibank Korea (CEO Ha, Yung-Ku, www.citibank.co.kr) introduces “3 packages fitting for different money management purposes” through Coupang (www.coupang.com), a Korean social commerce website, from M

May 04, 2012 16:03

PREMIUM DESIGN LG OPTIMUS L7 TO ARRIVE IN STORES THIS MONTH

The LG Optimus L7, part of LG’s L-Series lineup, will begin arriving in stores this week. Sporting a premium design and with a largest-in-class 4.3-inch display, the Optimus L7 offers Google’s latest

May 03, 2012 15:54

LG’S NEW CLOUD MONITORS COMBINE UPoE AND IPS TO CREATE A TOTAL BUSINESS SOLUTION

LG Electronics (LG) unveiled its advanced P Series of cloud monitors, allowing companies to do away with desktops and laptops altogether. The new VMware-based Zero Client monitors can be networked to

May 03, 2012 14:26

Ssangyong Motor records sales of KRW 644 billion in Q1

Ssangyong Motor(President & CEO Lee Yoo-il; www.smotor.com), part of the US$14.4 billion Mahindra Group, announced on May 3, 2012 that the company recorded 26,441 vehicles in sales volume (including C

May 02, 2012 18:16

LG’S MY ECO HOME OFFERS INDUSTRY-FIRST PERSONALIZED ECO-FRIENDLY VIRTUAL DREAM HOUSE

LG Electronics (LG) today announced a digital interactive campaign on Facebook called My Eco Home which will allow Facebook fans around the world to create and share their own personalized, virtual dr

May 02, 2012 13:58

GM Korea Reports April Sales of 61,732 Vehicles

GM Korea Company announced today that it sold 13,113 vehicles in the domestic market and exported 48,619 vehicles in April. Total sales for the month were 61,732 vehicles. Benefiting from positive

May 02, 2012 10:09

Citibank Korea hosts the ‘First of the Firsts Lafite Rothschild & Citi Card Dinner’

Citibank Korea Inc.(CEO Yung-Ku Ha, www.citibank.co.kr) co-hosts a 2-week wine gala dinner with Chateau Lafite Rothschild, a world-recognized French wine estate, in celebration of its 200th anniversar

April 30, 2012 17:13

LG INTRODUCES THE FIRST REAL STREAMING MULTIMEDIA CLOUD FOR ALL THREE SCREENS

LG Electronics (LG) announced the beta opening of LG Cloud service on May 1 with the aim of providing seamless connectivity and streaming access to all digital content across various electronic device

April 30, 2012 14:35

A Rising Photo-Sharing App in Asia, KTH's ‘Pudding.to’ Releases Infographic, Showing Its Global Growth

‘Pudding.to,’ a photo-sharing app incorporated with emotion-tagging features, is a rising star among many Asian countries. Korean smart mobile company KTH (CEO Jung-Soo, Seo) published an infograph

April 30, 2012 11:23

Citibank Korea hosts ‘Citi Card Brings More Joy to Cheong-Gye-Cheon Festival’

Citibank Korea (CEO Ha Yung-Ku, www.citibank.co.kr) announced that it will participate in the Cheong-Gye-Cheon Sharing Campaign organized by the Seoul Foundation for Arts and Culture in a way of celeb

April 27, 2012 16:13

LG EXPANDS GLOBAL LTE SMARTPHONE FOOTPRINT WITH ROLL-OUT OF OPTIMUS TRUE HD LTE IN EUROPE AND ASIA

LG Electronics (LG) will expand its LTE smartphone footprint with the launch of Optimus True HD LTE in new markets across Europe and Asia: Germany, Portugal, Sweden, Hong Kong and Singapore. First

April 27, 2012 08:46

Samsung Electronics Announces First Quarter 2012 Earnings Results

Samsung Electronics Co., Ltd. today announced revenues of 45.27 trillion Korean won on a consolidated basis for the first quarter ended March 31, 2012, a 22-percent increase year-on-year. For the q

April 26, 2012 11:06

Samsung’s New Quad-core Application Processor Drives Advanced Feature Sets in Smartphones and Tablets

Samsung Electronics Co. Ltd., a world leader in advanced semiconductor solutions, today introduced the industry’s first quad-core application processor built on the High-k Metal Gate (HKMG) low-power

April 25, 2012 13:34

LG ANNOUNCES FIRST-QUARTER 2012 FINANCIAL RESULTS

LG Electronics Inc. (LG) today announced that after two consecutive quarters of net losses, the company has turned the corner with a net profit of KRW 243 billion (USD 214.9 million), a direct result

April 25, 2012 11:25

GM Korea Will Provide “Comfort Feet” for Those in Need

The GM Korea Employee Foundation, a social welfare foundation established by GM Korea Company employees, signed an agreement today with Green Umbrella ChildFund Korea for the donation of GM vehicles t

April 24, 2012 15:03

Who Developed the World's First HD-CCTV?

The answer is WEBGATE (www.webgateinc.com) in Korea. WEBGATE developed the Hybrid type DVR in which IP and Analog cameras are combined and used together. In addition to this, WEBGATE is the 2nd in

April 23, 2012 17:05

LG LAUNCHES SECOND-GENERATION 3D SMARTPHONE IN EUROPE

LG’s latest achievement in the glasses-free 3D space -- the Optimus 3D Max -- will kick-off its global roll-out today starting in Europe. As first seen at Mobile World Congress 2012, the second-genera

April 23, 2012 11:41

LG AND POPULAR KOREAN BOY BAND SUPER JUNIOR INVITE FANS TO A VIRTUAL CONCERT

LG Electronics (LG) and one of Korea’s most famous boy “idol” groups, Super Junior, will invite fans in Asia to the LG Optimus Super Concert to celebrate the launch of LG’s new Optimus L-Series in Asi

April 20, 2012 18:07

FOSTEC Inc. is penetrating into Military Applications Market

FOSTEC Inc., fiber optic components manufacturer based in South Korea, has been distinguished as high quality products suppliers in domestic and overseas fiber optic Telecommunications, CATV, FTTH, an

April 20, 2012 18:05

Structured cabling solution in fiber optics from FOSTEC Inc.

FOSTEC Inc., fiber optic components manufacturer based in South Korea, introduces structured cabling solution in Fiber Optic Networks System - MPO. What is MPO? MPO stands for Multipath Push On

April 20, 2012 10:29

The 10th Citibank Korea-YWCA Korea Women’s Leadership Awards

Citibank Korea (CEO Yung-Ku Ha, www.citibank.co.kr) and YWCA Korea (Chairwoman Kyung-Ae Cha, www.ywca.or.kr) named the winners of the “10th Korea Women Leaders Award,” that was established in 2003. Th

April 19, 2012 17:13

WACS 2012 Daejeon Congress to Be Held on May 1-12 in Daejeon, Korea

The WACS 2012 Daejeon Congress Organizing Committee (Chairman: Mayor Yum Hong-chul of Daejeon Metropolitan City) announced today that the WACS 2012 Daejeon Congress will be held from May 1 through May

April 19, 2012 11:47

Citibank Korea globalizes its ATMs at all branches

Citibank Korea (CEO Ha, Yung-Ku, www.citibank.co.kr) announced it has globalized all of its ATMs at all branches and waived fees for using ATM services so as to enable foreigners in Korea to easily us

April 19, 2012 09:55

HYUNDAI MOTOR COMPANY SIGNS MULTI-LEVEL GLOBAL SPONSORSHIP DEAL WITH CNN

CNN Worldwide today announced that it has signed a large-scale global sponsorship deal with leading automotive producer Hyundai Motor Company (HMC). The deal will include sponsorship of the new nightl

April 18, 2012 13:38

Joyheel Bag of IBNIA, a Backpack for High Heeled Shoes, Unveiled

“Shall I wear flat shoes or high heeled shoes when I go to office?” Ms. Joy, who works as a designer at EA, a renowned U.S.-based game company, had to agonize over shoes before leaving for the offi

April 18, 2012 12:00

RILO AP Seoul Office, launching 1st overseas Technical Assistance program for India Customs

WCO RILO AP(World Customs Organization Regional Intelligence Liaison Office for Asia and the Pacific), the first international organization hosted by Korea Customs Service (Commissioner, Joo, Yung-sup

April 17, 2012 18:28

FOSTEC Inc, introduces innovative product for telecommunications network

FOSTEC Inc. brings new solution to fiber optic telecommunication network – Line Type Fiber Optic Splice Closure FOSC-F. The main features & benefits of this closure are the following: · Lock typ

April 17, 2012 15:04

100% Principal Protection plus Maximum Return of 5.61 % p.a. - Citibank Korea Equity Linked Deposit (ELD)

Citibank Korea (CEO, Ha Yung Ku, www.citibank.co.kr) has launched ‘Kospi 200 ELD’ that will be on offer temporarily until April 27th. This product is a time deposit whose principal is partially or

April 16, 2012 18:00

LG ANNOUNCES GLOBAL LAUNCH OF 3D WORLD, NEXT GENERATION PREMIUM 3D CONTENT SERVICE

LG Electronics (LG) announced the worldwide opening of 3D World, a premium content service that will be available to LG’s CINEMA 3D Smart TV users in nearly 70 countries. With DNA from LG’s original 3

April 16, 2012 16:30

KOHI, successfully concluded ‘Maternal and Child Health Promotion’ Program With KOICA

Korea Human Resource Development Institute for Health and Welfare, KOHI (President, Lee Sangyong) successfully concluded ‘Maternal and Child Health Promotion’with KOICA. 14 health officials and profes

April 16, 2012 15:09

Samsung Wins Four Most Coveted 2012 TIPA Awards for its Camera and Imaging Products

Samsung Electronics Co., Ltd, a global leader in digital media and digital convergence technologies, today announced that it has won four 2012 Technical Image Press Association Awards in the ‘Best Gen

April 16, 2012 14:44

Hello Everybody Releases Foam Bath for Lovers, ‘The Romantic Bath Bomb’

Environment-friendly cosmetics brand Hello Everybody(www.helloeverybody.co.kr) revealed that it is “releasing sweet foam bath with ‘romance’ ‘The Romantic Bath Bomb’ (hereafter The Romantic).” The

April 13, 2012 11:12

GNT Pharma Co., Ltd. and Toyota Tsusho Corporation Announce Strategic Partnership for Further Development of Neu2000 and AAD-2004 Targeting CNS and Inflammatory Diseases

Global Neurotech (GNT) Pharma Co., Ltd., a privately held company based in Yongin-si, South Korea is pleased to announce a strategic relationship with Toyota Tsusho Corporation (TTC) based in Tokyo.

April 13, 2012 09:47

Does Technology Create Loneliness?

Between May 23 and May 25 Scientists and CEOs of World-Leading Technology Enterprises Will Discuss Visionary Technologies and Their Consequences for Human Coexistence After 2020. Central Question: How

April 12, 2012 14:09

Citibank Korea Inc, Temporary Suspension of Services for System enhancement Scheduled on the Second Weekend of May.

Citibank Korea Inc. (CEO Ha, Yung-ku, www.citibank.co.kr) announced that some of its financial transactions such as Internet banking, Mobile banking, Check cards and ATMs, and overseas transactions wi

April 09, 2012 08:59

Citicard to Join hands with Auction and The Class Hyosung in ‘Mercedes-Benz’ Online Marketing

Citibank Korea (CEO, YK Ha, www.citibank.co.kr) signed business alliance with The Class Hyosung(CEO, JC Park) an official dealer of Mercedes-Benz and Auction (www.auction.co.kr), a leading online mark

April 06, 2012 08:45

Samsung Electronics Announces Earnings Guidance for First Quarter 2012

Samsung Electronics Co., Ltd. today announced its earnings guidance for the first quarter, 2012. Consolidated Sales : Approximately 45 trillion Korean won(Range: 44 – 46 trillion Korean won) Cons

April 05, 2012 11:12

Samsung Offers Ultra High Speed-1 MicroSD Cards for Advanced LTE Smartphones and Tablets

Samsung Electronics Co., Ltd., the world leader in advanced memory technology, today announced that it is now mass producing Ultra High Speed–1 (UHS-1) interface microSD cards that support the highest

April 04, 2012 10:54

Citibank Korea introduces Citi Cashback Card

Citibank Korea (CEO Ha Yung-Ku, www.citibank.co.kr) launches a cashback credit card named Citi Cashback Card fully accommodating demands of Self-employed on April 5, 2012. As baseline features, Cit

April 03, 2012 10:22

CKI sponsors 260,000 USD to KOSBI to foster women-owned SMEs

Citibank Korea (CEO Ha Yung-Ku, www.citibank.co.kr) signed an agreement for the “2012 Women-Owned Enterprise Competitiveness Enhancement Program” with Korea Small Business Institute (“KOSBI”, www.kosb

April 03, 2012 10:16

Ssangyong Motor to sell Korando C with best fuel efficiency among domestic SUV brands at 20.1 km/l in full-scale

Ssangyong Motor(President & CEO Lee Yoo-il; www.smotor.com), part of the US$14.4 billion Mahindra Group, announced on Apr 3 that it launched in late March and would start full-scale sale of the manual

April 02, 2012 14:18

GM Korea Reports March Sales of 76,823 Vehicles

GM Korea Company announced today that it sold 13,530 vehicles in the domestic market and exported 63,293 vehicles in March. Total sales for the month were 76,823 units, which was an increase of 22 per

March 30, 2012 15:19

Citibank Korea Reports KRW 456.8 billion in Net Income for 2011

Citibank Korea Inc., (CKI, CEO YK Ha, www.citibank.co.kr) today reported net income of KRW 31.5 billion for the fourth quarter 2011 on revenues of KRW 419.6 billion. This compared to net income of KRW

March 30, 2012 10:19

Citi to Turn Off the Lights for the Fifth Year in Support of Earth Hour

Citigroup Korea (CEO, Ha, Yung-ku, www.citigroupkorea.co.kr) will participate in Citi’s Earth Hour campaign on Mar. 31 for an hour from 8:30 to 9:30 pm. During the earth hour, office lights and sign b

March 28, 2012 10:12

Citicard extends the period of free equal payment plan of 4 months campaign in gratitude to customers

Citibank Korea extends its 3 months temporary promotion campaign where customers are offered a payment option of equal monthly installments of 4 months at interest free rates at all merchants. In grat

March 27, 2012 11:57

High Levels of Hiring within Korea's Commercial Industries - Robert Walters

Robert Walters, the international recruitment consultancy, publishes its Asia Job Index for Q4 2011. The Robert Walters Asia Job Index tracks advertisement volumes for professional positions across th

March 27, 2012 10:20

Citibank Korea Had Signing Ceremony for ‘Darae Class’ with YWCA Korea

Citibank Korea Inc. (CEO Ha, Yung-ku, www.citibank.co.kr) had a signing ceremony for “Darae Class,” an after-school education program for teenagers from multi-cultural families, with YWCA Korea (Presi

March 26, 2012 12:08

LG UNVEILS WORLD’S FIRST VARIABLE WATER FLOW CONTROL SYSTEM FOR WATER COOLED VRF SYSTEMS

LG Electronics (LG) will showcase the world’s first variable water flow control system for use in water cooled VRF systems at the Mostra Convegno Expocomfort (MCE) 2012. LG’s variable water flow co

March 26, 2012 12:06

LG BRINGS NEW TOTAL SOLUTION FOR FLOOR HEATING, COOLING AND HOT WATER SUPPLY

LG Electronics (LG) is participating in Mostra Convegno Expocomfort (MCE) 2012 in Milan to showcase the Hydro Kit, a total HVAC solution to meet increasingly demanding air conditioning, floor heating,

March 26, 2012 11:05

LG TO INTRODUCE TO EUROPE TOTAL HVAC AND ENERGY SOLUTIONS WITH ENERGY EFFICIENCY

LG Electronics (LG) will present a full line-up of commercial air conditioning and energy solutions at the Mostra Convegno Expocomfort (MCE) 2012 -- Europe’s premier air conditioning exhibition -- in

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