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The Korean daily media headlines and humorApril 21, 2015

The Korean daily media headlines and humor

Tuesday, April 21, 2015

Your Excellency:

Here are The Korea Post notices, humor from a generous former Asian ambassador and a roundup of important headlines from all major Korean-language dailies, TV and other news media this morning:

Lee Kyung-sik

Publisher-Chairman

Korea Post Media

P.S.: 1. To see the desired site, press down the Control key and click the blue URL of the media.

2. If received by a person other than the intended recipient, please kindly convey the mail to His/Her Excellency.

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The Korea Post news:

At Ansan Culture Plaza on May 1-3, 2015

Ansan City hosts International Street Drama Festival

The Ansan City, some 26 miles southwest of Seoul, hosts the 2015 Ansan International Street Drama Festival (AISDF) at the Ansan Culture Plaza on May 1-3, 2015 in a three-day run on the theme of ‘City in Action!’ which is also a slogan for the event.

A total of 61 works will be presented during the Festival, namely 48 from Korea and 13 from nine foreign countries.

The AISDF poses a substantial contrast with conventional street drama festivals in the fact that it attempts to produce new works created through a harmonious merger between the intrinsic artistic value of the street dramas and regional features of Ansan.

Among the 12 official entries are six Korean works and the remaining six entries from a number of different countries, namely France, Australia, the Netherlands and Portugal.

The Korean works consist of (1) AnNyeong (literally, “Hi!”) created by Creative Group NoNI, (2) Falling As I Lean Against the Wall, (3) Living The Good Life by Ambiguous Dance Company, (4) Pyro Art Work by HWARANG Art Pyrotechnics (5) ‘Donkey Shadow Trial’ by Art-Factory Comma And and (6) Tempest by THEATRE HADDANGSE. Among the six Korean works, the opening work is AnNyeong.

Among the foreign works, the opening entry is one from France named Envolee created by Aerosculpture Group. Others include the Megaphone Project by the Megaphone Project from Australia, The Poet on the Street from the Netherlands and the Remaining People from Portugal.

Ambassadors and Madams are invited to attend the opening ceremony on May 1, 2015. For our possible transmission failures, please call Tel 2298-1740/2, 010-5201-1740 or send an email to edt@koreapost.com or korpost@chol.com.

For further details, please visit /news/view.html?section=161&category=181&no=898.

A scene from Envolee created by Aerosculpture Group of France.

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The Korea Post notice:

You never know how your masterpiece speech is downgraded into low-quality utterances in the process of Korean translation.

Use The Korea Post Translator Pool where the translators are looked after personally by the Winner of the ‘Korean Literature Translation Award’ of Hankook Ilbo and The Korea Times.

Are you planning to publish an English and Korean pamphlet or brochure? Contact The Korea Post Publishing Team (Tel 2298-1740/2, 010-5201-1740 or edt@koreapost.com) for the most competitive price and the best quality of the work.

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Today’s humor:

Humor from a generous former Asian ambassador

Blonde humor

A blonde woman started to work at a school as a teacher. It came to break time, and while she was on duty she noticed a girl standing on her own and thought nothing of it.

Later in the day when lunch time came she noticed the same girl on her own again, while other children were enjoying a game of football.

She decided to go over to the girl and asked her if she was alright, the girl replied "Yes" and the teacher said "Why are you always on your own here?" to which the girl replied "Because I'm the goal keeper!"

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KBS (http://world.kbs.co.kr/english/news/)

Prime Minister Lee Submits Resignation

Prime Minister Lee Wan-koo submitted his resignation on Monday night to President Park Geun-hye who is on a four-nation tour of South America.

PM's Resignation Will Help Settle Disorder

President Park Regretful of PM Resignation

S. Korea to Spend 8.7 Trillion Won to Counter N. Korea's Threats

Prime Minister Lee Submits Resignation

KOSPI Ends Higher Despite Greek Default Threat

Survey: 70% of Employees Take Less Than 10 Vacation Days

March Producer Prices Lowest in Over 4 Years

'N. Korea Likely to Provoke with Artillery, Missiles'

KCC Chief Seeks to Expand South-North Exchanges in Broadcasting

Two Koreas at Loggerheads over Gaeseong Wage Demands

SCMP: S. Korea, China Could Raise Issue with US Treasury's Calls

Consulate General Urges Probe into Death of S. Korean in Sydney

Forbes: Abe Least Deserving Japanese PM to Speak Before Congress

Fine Dust Causes 15,000 Premature Deaths in Capital Area Each Year

Air Pollution Major Cause of Premature Death in Seoul Metro Area

Events Mark 1960 Democratic Uprising

Gov't to Implement Flexible Semester System

Donguibogam to be Designated as National

Incheon to Kick off World Book Capital 2015

New Study Finds Phytoncide Levels Reach Highest in Morning

Gov't to Hold Contest to Discover Business Ideas

Samsung SDS to Launch Biometric Payment Service

Pyeongchang Committee Forms Overseas Advisory Group

S. Korea Takes Down Russia 2-0 in Women's Football Friendly

S. Korea Defeats Russia in Women's Football Friendly

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Yonhap (http://english.yonhapnews.co.kr)

Huawei under fire for recruiting rivals' employees

A South Korean telecom device maker said Tuesday it has sent an official letter of complaint to the Seoul branch of Huawei Technologies Co., asking the Chinese firm to follow business ethics and stop recruiting its workforce.

Kia's all-new Carnival sales hit 6-year high in U.S.

The sales of Kia Motors Corp.'s all-new Carnival minivan hit a six-year high in the United States last month, industry data showed Tuesday.

Calls grow in U.S. for Abe to apologize for wartime history

Calls are growing in the United States for Japanese Prime Minister Shinzo Abe to apologize for the country's wartime history as his trip to Washington draws closer amid growing signs the nationalist leader is unlikely to issue a new apology.

N.K. ordered to pay US$330 mln to kidnapped pastor's family

A U.S. court has ordered North Korea to pay US$330 million in compensation to the family of a late Korean-American pastor abducted by the North in 2000 while trying to help North Korean defectors in China.

N.K. ordered to pay US$330 mln to kidnapped pastor'..

3 firms follow N. Korea's wage hike in Kaesong

N. Korea extends deadline for wage payment at joi..

S. Korea-Japan trade sinks 14 pct in Q1: report

Shares of CJ CGV up ahead of 'Avengers' 2 release

Seoul shares open higher on gains in shipyards, brokerages

S. Korea, Peru vow to cooperate in trainer jet pr..

KIC breaks rules in bid to invest in LA Dodgers: lawmaker

Pirates' Kang Jung-ho makes second big league start..

LPGA rookie Kim Sei-young rises in world rankings

Girls' Generation member admits romance with baseba..

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The Korea Times (http://www.koreatimes.co.kr)

S. Korea, Peru talk about possible FA-50 deal 

President Park Geun-hye had a summit with Peruvian President Ollanta Humala in Lima, Monday, and discussed ways to export Korea’s indigenous light attack airc... 

'Taxmen also on take from late Sung' 

Prosecutors have secured clues suggesting that former and incumbent high-ranking officials from th...

Fine dust looms as top health risk 

More than 15,000 adults aged over 30 died in 2010 in Seoul and Geyonggi Province from complications caused by air pollution, a study showed Monday. 

Park promotes k-pop in Peru 

President Park Geun-hye met with hallyu fans in Peru, Sunday, during the second leg of her South A... 

LG Chem positive about business outlook 

LG Chem Chief Financial Officer (CFO) Cho Suk-jeh expects a steady improvement in the company’s bo...

Samsung SDI spurs on EV battery business in China 

Samsung SDI said Monday that it has showcased high capacity batteries for eco-friendly vehicles at a motor show in China. 

Umbrella union targets minister for 'abuse of power' 

The Korean Confederation of Trade Unions (KCTU), the nation’s second largest umbrella union, asked...

Mosquito forecast service to be available from May 

The Seoul Metropolitan Government plans to provide a daily “mosquito forecast” from May through October.

Soldiers to borrow mobile phones from PX 

The Ministry of National Defense started a program Monday to allow soldiers to borrow mobile phones from shops on military bases, known as post exchanges (PX)...

Cumulative nuclear power generation reaches 3 trillion kWh 

The Korea Hydro & Nuclear Power (KHNP) said Monday that its 23 nuclear reactors have generated a cumulative 3 trillion kilowatt-hours of electricity since its... 

'Dongkuk Steel chief gambled with company funds' 

Dongkuk Steel Chairman Chang Jae-joo will be questioned today for allegedly embezzling company fun... 

E-cig users find it harder to quit than ordinary smokers 

People who use electronic cigarettes are less likely to quit than regular cigarette smokers, accor...

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DongA Ilbo (http://english.donga.com)

`US politics allows Abe’s address to Congress in return for greenbacks,` says columnist

In the run-up to Japanese Prime Minister Shinzo Abe’s address to U.S. Congress on April 29, an influential media outlet ran a column that U.S. politics accepted Abe’s address due to Japan’s lobbying. Many have believed... 

Girl group member confirmed dating baseball star

Baseball player Oh Seung-hwan and Yuri, a member of girl idol group "Girls` Generation," is dating each other, the latest sports and celebrity couple to be spotted. Oh`s management agency Sports Intelligence said...

Ex-Pres. Lee Myung-bak visits Daegu amid political scandal

Former President Lee Myung-bak came to Daegu Monday for a two day trip, marking his first visit to the southern city since stepping down in 2013. His visit is gaining high attention since Keangnam Enterprises Chairman...

Salvage of Sewol ferry to start Wednesday

The South Korean government will start full-fledged salvage of the Sewol ferry on Wednesday. This comes five months after underwater work ended on November 11 last year. The government will also examine not dispatching...

Turin Shroud back on public display in 5 years

The Turin shroud has gone back on public display after a break of five years, the BBC reported. The shroud is a 4.4-meter-long piece of cloth that many believe was used to shroud Jesus Christ. The Cathedral of Saint...

S. Korea-Colombia summit seeks to strengthen and diversify bilateral ties

Our friendship will maintain and grow deeper at all times, and future generations of the two nations will remember this.” The audience burst into a loud round of applause when South Korean President Park Geun-hye...

Controversies over N. Korean leader’s call for ‘highest-level’ talks 

Ki Sung-yueng, Son Heung-min as promising Korean soccer players 

New year’s wishes change over time 

Samsung’s mobile phone beats Apple to top ACSI 

Actor Lee Jung-jae reported to be in a relationship with Daesang heiress

N. Korean leader shows willingness to hold inter-Korean summit 

U.S. military base in Yongsan bans civilian drones, model aircrafts 

Japanese police on 14-year manhunt for cruel murderer

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Chosun Ilbo (http://english.chosun.com)

N.Korea to Stage Massive Military Drills

North Korea is expected to stage massive firing demonstrations and missile launches on Saturday to mark the founding day of its Army, the Defense Ministry here said Monday. The exercises bring together of thousands of Army, Navy, and Air Force troops. >> Full Text

Price Hike Hits Cigarette Sales

A hike in tobacco prices in January appears to have led to a drop in cigarette consumption. A recent survey shows that the number of cigarettes distributed in Korea declined, while the number of people who decided to kick the habit increased. >> Full Text

SUVs, Green Cars Dominate Shanghai Motor Show

The Shanghai Motor Show, Asia's biggest automobile showcase, opened in the Chinese city on Monday. A total of 2,000 automakers and parts manufacturers from 18 countries are taking part. The motor show features 1,343 cars, including 109 world premieres. >> Full Text

Seoul Hikes Defense Budget to Counter N.Korean Missiles

Ryu Hyun-jin Says He's Pain-Free But Return Date Unclear

More Young Koreans Move to Northern Europe

Violent Protests Bring Downtown Seoul to Standstill

U.S. Brass Discuss THAAD Deployment in Korea

Sales of Baby, Kid Products Resist Recession

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Hankyoreh Shinmoon (http://english.hani.co.kr)

Excessive violence by police at Sewol anniversary events

With South Korean citizens organizing a series of events to commemorate the anniversary of the tragic sinking of the Sewol ferry, the police seemed resolved to brutally put down these peaceful demonstrations and marches. The same government that did such a poor job of rescuing passengers on the ferry is wielding a terrible power as it tramples on the grief of the victims’ families and other South Koreans and as it suppresses the justified appeals for the truth.

[Reporter’s notebook] Ministries playing hot potato with issue of Japan’s exercise of self-defense

Eyebrows are being raised as South Korea’s ministries of National Defense and Foreign Affairs respond to the issue of Japan claiming the right to collective self-defense by trying to shift responsibility to each other. .

South Korean sovereignty not specified in agreement with US and Japan

The US and Japan confirmed that they will respect South Korean sovereignty when Japan exercises its right to collective self-defense, but the two countries decided not to specify this in their bilateral defense cooperation guidelines, reports say. The Hankyoreh confirmed that the US and Japan communicated their intentions to South Korea during the Defense Trilateral Talks (DTT), which were held at the Pentagon on Apr. 16 and 17. Deputy minister-level officials .

Calls growing for structural reform of IMF at G20 finance ministers meeting

The growing importance of the Asian Infrastructure Investment Bank (AIIB) as it prepares for launch this year prompted calls for IMF governance structure reform at a meeting of G20 finance ministers and central bank governors in Washington on Apr. 17.Foreign news outlets suggested the battle for leadership in the IMF poses a potential threat to its dollar-denominated currency system. The South Korean Ministry of Strategy and Finance reported on Apr. 19 that finance ministers from G20 member .

Former US bombing range to become “youth baseball mecca”

After a half-century of use as a US military training area before its closure in 2005, the former site of Kooni Firing Range at Maehyang Village is being turned into an eight-field youth baseball complex. The city of Hwaseong, Gyeonggi Province, announced plans for the “youth baseball mecca” on Apr. 19. The facility is to be built over an area of 242,689 square-meters at a cost of 31.4 billion won (US$29 million) in city money, with a completion date late next year. .

Students in Busan launch campaign for Ethiopian student’s unexpected liver surgery

Students at Pusan National University (PNU) have launched a campaign to raise money to cover hospital costs for an Ethiopian exchange student who underwent a recent liver transplant. The student council for the PNU College of Nanoscience and Nanotechnology announced on Apr. 19 that it is staging a campaign called “Please Knock 2015” through late June to raise funds for the hospital costs of Lemma Teshome Tufa, a 31-year-old doctoral candidate in nano-mechatronics engineering from Ethiopia. .

[Reporter’s notebook] Trying to stop the downstream flow of dirty money

As the Sung Wan-jong scandal rocks South Korean society, public attention is turning once again to the close ties between politicians and businesses and the illegal political funds that maintain those ties. Focusing in on the political contributions by businesses over the past fifteen years, the watershed point is generally considered to be the revision of the Political Funds Act in March 2004, which greatly increased transparency of such contributions. Before the revision of the law, .

In Colombia, Pres. Park hoping corruption scandal cools off while she’s away

On the evening of Apr. 16, President Park Geun-hye arrived in Bogota, Colombia, the first stop on her tour of four countries in Central and South America. But her trip got off to a chaotic start because of the power vacuum in government resulting from the Sung Wan-jong scandal, which has rattled domestic politics, and the possibility that Prime Minister Lee Wan-koo will have to step down. When Park has left the country in the past, her chief of staff has always seen her off, .

US commanders’ comments contradict previous government statements on THAAD deployment

High-ranking US commanders are igniting controversy with remarks that seem to contradict the South Korean and US government’s previous statements that the deployment of a Terminal High Altitude Area Defense (THAAD) missile defense system on the Korean Peninsula is not an official topic of discussion. Adm. Samuel Locklear, Commander of the US Pacific Command, said at a Senate Armed Services Committee hearing on Apr. 16 .

Professors launch online forum for seeking to understand Sewol tragedy

In 1965, University of Michigan professors who opposed the Vietnam War held all-night lecture and discussion sessions with students. Since a 2011 mega-earthquake off the country’s eastern coast, researchers in various areas in Japan have met regularly to study disasters and share data online with the public. Those are attempts to work together to confront the reality of disaster.

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JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)

Prime Minister offers to step down over scandal

Prime Minister Lee Wan-koo offered to step down over a payoff scandal Monday night, the Prime Minister’s Office and the Blue House said Tuesday.“Prime Minister Lee offered his intention to resign to President Park as of April 20,” the Prime Minister’s Office said. …

SK Holdings, SK C&C to merge into holding unit

SK, the nation’s third-largest conglomerate, announced Monday it would merge two subsidiaries that are considered key pillars of its business…

Kim’s overseas trip raises questions about probe

Kim Ki-choon, the former presidential chief of staff accused of having received money from a construction tycoon who committed suicide this month…

Labor minister presses KCTU to scrap strikes

Labor Minister Lee Ki-kweon on Monday implored the Korean Confederation of Trade Unions (KCTU) to call off scheduled one-day strikes aimed at stopping an initiative…

Group on sells No. 2 mobile commerce site TMON

A consortium of global investors led by private equity firm Anchor Equity Partners and KKR signed a deal to buy a controlling stake in Korea’s Ticket Monster…

SUVs, clean cars lead the charge into China at Shanghai show

As the 2015 Shanghai International Automobile Industry Exhibition got under way Monday with a two-day press day event, Korea’s leading automaker…

Companies’ debts reach 105% of Korea’s GDP

The ratio of Korean companies’ debt to gross domestic product (GDP) ranked seventh among 15 members of the Organization for Economic Cooperation and Development,…

Park’s Peru stop is dedicated to business deals

President Park Geun-hye held a summit with Peruvian President Ollanta Humala in Lima on Monday and concluded 20 memorandums of understanding in areas including…

Defense spending boosted amid possible threats

North Korea has “prepared considerably” to conduct an additional nuclear test within a short period of time, according to Minister of National Defense Han Min-koo.…

The parents of the Sewol victims are not asking too much

One of the basic pillars of democracy is that leaders mediate social discord. That’s why they’re elected: to help achieve social unity. While that process may…

Amore grows even bigger

Amorepacific may soon position itself as the fifth biggest share on the main stock market, outpacing a big-name Hyundai affiliate as the company’s shares ride higher…

Gov’t gives rice subsidies early boost

The government raised subsidies for rice farmers in the country by 100,000 won ($93) on average from a year earlier, to account for Korea opening its rice market to imports…

Producer prices fall 0.1% in March

Producer prices plunged in March, reaching their lowest level in more than four years, a Bank of Korea report said on Monday. The Producer Price Index for March…

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Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)

PM offers to resign over graft scandal

South Korean Prime Minister Lee Wan-koo is said to express his intention to resign to President Park Geun-hye on her tour on Monday. A high-ranking official of the rul.. ...04.21 11:12

Ruling, opposition parties agree to enact fundamental law on social economy

With the bitter confrontations being under way between the South Korean ruling and opposition parties surrounding the so-called ‘bribery list’ left behind by Sung Wa.. ...04.21 10:38

PM under pressure even from ruling camp

Prime Minister Lee Wan-koo is under heavy pressure even from the ruling camp. As the opposition is poised to take steps to impeach the Prime Minister for his alleged a.. ...04.20 17:58

SK C&C-SK Corp merger: SK Group to emerge from dual management structure

SK Corporation and SK C&C each held a meeting of board of directors on Monday and decided on the merger. By doing so, SK Group would break away from a governance struct.. ...04.20 17:50

Kim Ki-choon leaves for Japan amid ongoing prosecution probe into graft sc..

The former presidential chief of staff Kim Ki-choon who is on the list of ‘bribery list’ left behind by a deceased businessman Sung Wan-jong was confirmed to have st.. ...04.20 17:12

Nuclear power generation surpasses 3 trillion kWh in S. Korea

Accumulated power generation at South Korea’s nuclear power plants has reached three trillion kWh in 37 years since Kori Nuclear Power Plant Unit 1 started commercial.. ...04.20 17:09

S. Korea looks to export $2bn light attack aircraft to Peru

South Korean President Park Geun-hye’s visit to Peru brightens prospects for the country’s export of light attack aircraft including FA-50 fighter jets valued at a t.. ...04.20 14:41

Galaxy S6 aims to beat iPhone in China and Japan

Following the release of the Galaxy S6 and the Galaxy S6 Edge in China last Friday, Samsung Electronics, a South Korean multinational electronics company, is to launch.. ...04.20 11:29

S. Korean corporate leaders to hold biz forums in S. America

Business leaders who are accompanying President Park Geun-hye, on her trip to four Latin American nations are exploring chances to enter into new market and find busin.. ...04.20 11:20

S. Korea-Columbia FTA likely to take effect soon

The South Korea-Columbia free trade agreement is expected to come into effect soon. It also seems that bilateral economic trade would pick up as Korea constructs Korea.. ...04.20 10:48

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The Kyunghyang Shinmoon (http://english.khan.co.kr/)

Such a Prime Minister: Lee Wan-koo's April Revolution Speech Missing Mention of Rooting out Corruption

On April 19, Prime Minister Lee Wan-koo, 65, said, "The April 19 Revolution is a symbol of democracy and justice," in his commemorative speech on the 55th ann···

[Editorial] Public Opinion on the Sewol Cannot be Covered by the "Geun-hye Fortress

"On April 18, the "National Rally for the Sewol Tragedy" was held in Seoul, and the landscape of downtown Seoul this day was devastating. Some of the families ···

[1 Year Anniversary of the Sewol Tragedy] Even the Heavens Cried: A Wave of Mourners in the Rain Remembering the Sorrow and Anger

The memorial ceremonies for the Sewol victims held nationwide on April 16 overfilled with sadness and anger. This day, memorials were organized by local governm···

[Editorial] Prime Minister Lee Wan-koo Should No Longer Disgrace the Prime Minister Position

President Park Geun-hye put off her decision on the future of Prime Minister Lee Wan-koo, who has fallen to a lame state, until after her return from a trip to ···

[Editorial]One Year Anniversary of the Sewol Tragedy: The Disaster Is 'Ongoing'

Jo Eun-hwa, Heo Da-yun, Nam Hyeon-cheol, Bak Yeong-in, Yang Seung-jin, Go Chang-seok, Gwon Jae-geun, Gwon

Hyeok-gyu, Yi Yeong-suk...We call the names of those w···

'I Will Tolerate No One' President Park Warns of an 'Investigation Storm' Covering the Present with the Past

On April 15, President Park Geun-hye announced her position on the Sung Wan-jong list scandal along with future measures. This was the first time that the presi···

[One Year after the Sewol - Insensitiveness] Even Afterwards, the Country Was Nowhere to Be Seen

At Paengmok Port in Jindo-gun, South Jeolla Province, there is a banner with the words, "Where Was the Country?" It isn't just the frustration of the familie···

[Editorial] Outrageous Remark for 'Search and Seizure of Kyunghyang Shinmun' Made by a Ruling Party Lawmaker

Saenuri Party lawmaker Kweon Seong-dong's statement about a search and seizure of the Kyunghyang Shinmun is indeed absurd. During an interpellation session at ···

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The Korea Economic Daily (http://english.hankyung.com/)

Prez. Park to Give Full Support for KAI's Marketing Effort for FA-50s in Peru

President Park Geun-hye will give full support to an effort by Korea Aerospace Industries to sell its FA-50s, a light combat version of the T-50 Golden Eagle supersonic advanced jet trainer and light attack aircraft, in Peru as she makes a state visit to the South American nation. As part of a four ...

HHI's Subic Shipyard Wins 6 Containership Orders

The Subic Shipyard of Hanjin Heavy Industries has won a total of 1.1 trillion won worth of ship orders in April alone. On April 20, the company said that it signed a deal to build six 11,000-TEU containerships for a European and an Asian ship owner. A TEU is a twenty-foot equivalent unit, a unit of c...

[Market Insight] Goldman Sachs and QIA Vie to Acquire Hanoi's Landmark 72

Goldman Sachs and the Qatar Investment Authority are reported to have bid for Keangnam Hanoi Landmark Tower, the highest building in Vietnam's Hanoi whose value is estimated at more than US$1 billion. Landmark 72 was recently on the news in relation to Mr. Sung Wan-jong, the former head of construct...

LG Electronics Set to Launch G4 Pre-order Sales

LG Electronics is set to launch the pre-order sales of its new strategic smartphone G4 from April 22, getting into a head-on collision with Samsung Electronics’ brand-new smartphone Galaxy S6. LG Electronics announced on April 20 that it will launch the G4 pre-order sales through the nation’s thre...

Kia Motors Unveils New K5 in China

Kia Motors unveiled its brand-new sedan K5 at the 2015 Shanghai Motor Show which opened on April 20 at China’s Shanghai Convention Center. The car maker also launched the official sales of its large premium sedan K9 in China, declaring its plan to make bigger forays into China’s large sedan market...

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AJU Business Daily (http://eng.ajunews.com/korea)

Pre-order sales of LG's new G4 smartphone to start April 22

Three major South Korean mobile carriers said Monday they will start receiving pre-orders for LG Electronics' new flagship G4 smartphone on April 22. The G4 will be available to purchase via tworl…

Commercially marketed cigarette packs tumble after price hike: gov't data

The number of cigarette packs commercially marketed in South Korea for the first quarter reached 519 million, down 44.2 percent from the same period of last year, government data showed Monday. The…

S. Korea's producer prices fall to 4-year low: central bank

South Korea's producer prices fell to a four-year low in March from a month earlier, the central bank said Monday. The producer price index, a barometer of future consumer inflation, stood at 1…

South Korea's ramyeon exports contract 1.9% in 2014

South Korea's ramyeon (instant noodles) exports contracted slightly in 2014 from the previous year, after rising for three straight years, government data showed Friday. The country's ram…

Kia's Sedona minivan wins US magazine's Auto Interior of the Year award

Kia Motors' Sedona minivan has been named as one of U.S.-based Ward’s Auto magazine's 10 Best Interiors Winners 2015. The Sedona, which is all-new for 2015, is known locally as the Carnival. …

Girl group 2NE1 leader CL fails to make a list of TIME 100 2015

CL, leader of popular South Korean girl group 2NE1, failed to make a list of the world's 100 most influential people of 2015 chosen by TIME magazine. CL ranked second in the U.S. news magazine&…

Popera singer Lim Hyung-joo donates 57 million won, joins donors' club

Operatic pop (popera) tenor Lim Hyung-joo Wednesday donated 57 million won worth of proceeds from his hit, "A Thousand Winds," dedicated to the victims of the Sewol ferry sinking. Lim made the do…

Audi Volkswagen emerges as No. 3 car seller in South Korea: data

Audi Volkswagen Korea joined the ranks of the top 3 in terms of sales in South Korea for the first time in 2014, outpacing GM Korea, data showed Thursday. Its sales reached 2,661.9 billion won, com…

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ETNEWS (http://english.etnews.com/)

A Fight for Supremacy of Overall Electronic Components...Samsung Electro-Mechanics vs LG Innotek

Leading electronic components companies in the country, Samsung Electro-mechanics and LG Innotek are having a fierce competition for the top spot. Last year, the sales ...

Read the full story

Irisys Develops Portable Iris Recognition Module Grafting with USB·OTP

USB memory with iris recognition camera module and one-time password198 generator (OTP) has been revealed. Recently biometric security method has been receiving much spo...

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Samsung Display Acquiring Different Exclusive ‘Quantum Dot’ Technology From SEC

Samsung Display is on the move to acquire Quantum Dot (QD) exclusive technology. It is a different from the QD material covered film panel that Samsung Electronics use...

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Domestic High Speed Electric Car Releasing at 18,000 USD range

The high speed electric car completely made with pure domestic technologies of South Korean minor companies will be releasing soon at 18,000 USD range. Minor companie...

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RAMICS Succeeds in Creating First Domestic Hybrid TV Tuner

5 year-old venture enterprise has successfully created domestic ¡®Hybrid TV tuner chip¡?, which the country had been entirely dependent on impor...

Read the full story

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