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The deal of Samsung with Facebook to Sync Contents

Chief executives of Samsung Electronics and Facebook recently held a series of meetings to sync contents each other. The global top smartphone maker and social network service(SNS) provider have partnered to provide an optimal environment to each other.

POSCO ICT Wins $89.5mn Won Deal from Vietnam

POSCO ICT, a unit of South Korea’s leading steelmaker POSCO, recently said that it has won a 100 billion won(($89.5 million) deal to provide IT services for a planned railroad project in Vietnam.

Samsung Display Keeps Lead in Global Smaller

South Korea-based display maker Samsung Display retained top place in the global small and mid-sized panel market in the first quarter (Q1) this year, displays used for making smartphones and tablets.

Steel, Cement, Petrochemicals Added as Vulnerable Industries

South Korea’s steel, cement and petrochemical industries are put under caution for credit risk evaluation as they are feeling the pinch of the global recession, according to the nation’s financial watchdog. Such caution means the companies will be subject to strict credit risk evaluation by their creditor banks.

Hyundai, GM, Volkswagen Vying in China Auto Market

China, which excels the US and Europe in terms of auto production and sales, serves the world’s largest auto plant, with its production and sales reaching 19.27 million and 14.91 million units, respectively, last year.

Hyundai Mobis completes construction of

Kia Motors’ car sales up 23.4 pct in January

South Korea’s leading car parts manufacturer Hyundai Mobis begins operation of its plant in Slovakia to produce a
core car control system that will be supplied to build 600,000 cars per year.

Samsung’s Galaxy S3 becomes world’s mostselling smartphone in Q3

South Korean electronics company Samsung Electronics’ new smartphone model, Galaxy S3, overtook Apple’s
iPhone 4S to emerge as the best-selling phone in the world in the third quarter (Q3) of this year, said US market
research firm Strategy Analytics (SA)

LG Elec. to release Optimus G2 as early as May next year

South Korea’s major electronics company LG Electronics plans to launch a successor to its smartphone model
Optimus G, Optimus G2 (provisional name) in as early as May next year.

SKT to launch world’s first VoLTE service by September this year

South Korea’s leading mobile carrier SK Telecom (SKT) is set to launch the voice-over-LTE (VoLTE) service, which offers clearer voice quality, at the same rate as the service using the third-generation (3G) network.

Slow recovery in shipbuilding, petrochemical and steelmaking

South Korea’s shipbuilding, petrochemical and steel manufacturers will continue to suffer from slow recovery due to a global supply excess and low demand in the second half(H1) of this year, according to a report released by KDB.
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