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Pantech, which has been in court receivership since August last year, has signed a memorandum of understanding with the Seoul Central District Court's approval for a possible merger and acquisition with a consortium led by South Korean optical disc drive (ODD) manufacturer Optis on June 16.
ZDNet
Apple has announced Apple Watch will be available in Italy, Mexico, Singapore, South Korea, Spain, Switzerland and Taiwan beginning Friday, June 26 from the Apple Online Store (www.apple.com), Apple's retail stores and select Apple Authorized Resellers.
Company release
Failing to find viable buyers, the debt-ridden South Korean smartphone-maker Pantech has decided to end court receivership.
Korea Herald
South Korea confirmed a fourth case of the Middle East Respiratory Syndrome (MERS) on Tuesday, saying a daughter of the third patient was found to have been infected with the viral virus.
The Korea Times
The world's most expensive semiconductor fabrication plant - at over US$14 billion - was announced at the ground breaking ceremony Thursday (May 7) by Samsung. Located in the Godeok Industrial Complex at Pyeongtaek City Gyeonggi-do Province - called "Samsung Semiconductor Valley" - in South Korea, Samsung will be building 10-nanometer FinFET semiconductors there.
EE Times
Samsung Electronics is set to spend at least another 10 trillion won (US$9.2 billion) to boost capacity at a new South Korean chip plant, a 64% increase over announced investment plans, domestic online news service MoneyToday reported.
Reuters
Dow Chemical is under pressure to deal with financial troubles in its Korean businesses after its strategic plans were put on hold due to issues with two major Korean clients.
The Korea Times
Samsung Electronics gave a big boost on Wednesday to Seoul's ambitions to become a global hub for the offshore yuan business, saying it was preparing to start trading the Chinese currency directly with the South Korean won.
Reuters
Semiconductor Manufacturing International (SMIC) of China is seeking to take over Dongbu HiTek, industry sources said Monday.
The Korea Times
According to a new report (Korean) from South Korea, LG has started working on a next-generation high-end SoC that's going to use the recently announced Cortex-A72 CPU and an unnamed Mali GPU (likely the high-end Mali-T880).
Tom's Hardware Guide
The new owner of Pantech is set to be announced soon, industry sources said Monday, with a US asset management firm highly likely to win the bid through a private contract.
Korea Herald
Korean businesses invested US$3.97 billion in China, up almost 30 percent compared to 2013 and the most since 2006, according to the Korea International Trade Association on Sunday.
The Chosun Ilbo
Growth in Asia's fourth largest economy, South Korea, fell to a six year low in the fourth quarter of 2014.
BBC News
According to sources from South Korea, Samsung may be planning to build not just its own CPU core based on the ARMv8 architecture, but also its own GPU technology. We could see the new GPU, and possibly the new CPU as well, inside next year's Galaxy Note 5 device.
Tom's Hardware Guide
South Korea's Samsung Electronics has secured a licence to invest US$3 billion to expand its production in northern Vietnam, the Vietnamese government said.
Reuters
Korea Times is claiming that a deal has been struck with Apple for Samsung to supply 80% of the chips for next year's iPhones and iPads, with TSMC picking up the balance of orders.
9to5Mac.com
The leaders of China and South Korea have reached broad agreement on a bilateral free-trade deal, allowing Korean firms enhanced access to China's huge market and marking a diplomatic victory of sorts for Beijing.
Wall Street Journal
Korean manufacturers' smartphone exports dropped by 35.5% year-on-year in October 2014 due to the release of Apple's iPhone 6 and a rapid sales decline in China and the ASEAN region.
BusinessKorea
SK Hynix plans to build a new factory in South Korea to meet the growing demand for mobile devices, according to two people familiar with the matter.
Bloomberg
A reported deal between Chinese firm Huawei and South Korea to develop the country's broadband network, has prompted concerns in the US.
BBC News
South Korea's largest family-owned conglomerate, Samsung Group, on Monday promoted the group owner's daughter to president of its de-facto holding firm.
Yonhap News
Dongbu Group will sell off its core unit Dongbu HiTek, a silicon foundry that makes integrated circuits for other companies under contract, as a way to quell market concerns about the group's financial future.
Korea IT Times
A patent of a foldable mobile device filed with authorities in South Korea last month gave some clues as to the future of Samsung mobile devices.
Wall Street Journal
Dongbu HiTek is not exactly a household name in the foundry business like TSMC, Globalfoundries and Samsung. But Dongbu, a company described by some as the industry's best kept secret, has been sharpening its strategy, honing its skills, and steadily expanding capacity in South Korea under Chang-Sik Choi, who became its president and CEO a year and a half ago.
EE Times
The US, Japan, Australia and South Korea have all widely adopted 4G, but mobile phone users in many parts of the UK may have to wait until the end of 2015 for comprehensive coverage.
BBC News
North Korea has begun producing its own smartphones, even though most residents' access to the Internet and telephone networks is severely limited.
CNN
Samsung's Galaxy S4 handset is well on its way to becoming the company's bestselling smartphone. Samsung Electronics co-CEO Shin Jong-kyun told The Korea Times the Galaxy S4 is set to surpass the 10 million sales mark next week.
The Verge
The funds will be used to help small and medium-sized exporters, create jobs, boost a stagnant property market and cover a shortfall in tax revenue.
BBC News
The North has also shut down an emergency military hotline between Seoul and Pyongyang.
BBC News
In the beginning of 2012, the South Korea government adopted the Renewable Portfolio Standard (RPS) policy. Due to falling prices of related equipment, firms have been participating eagerly. South Korea-based industry sources estimate that the PV system installation goal of 220MW was 70% achieved...
Solar Plaza
The latest toxic gas leaks may not have caused serious physical harm, but the fact that the culprit companies failed to promptly report to state authorities is raising suspicions of corporate negligence.
AsiaOne
Computer networks running three major South Korean banks and the country's two largest broadcasters were paralyzed Wednesday in attacks that some experts suspected originated in North Korea, which has consistently threatened to cripple its far richer neighbor.
New York Times
The won dropped for a fifth day, the longest run of declines in 10 months, after South Korea's unemployment rate unexpectedly climbed to the highest in a year.
Bloomberg
Korea, China and Japan will hold three days of talks starting on March 26 on forging a trilateral free trade agreement.
The Chosun Ilbo
Samsung said it was 99% sure that the phone wasn't one of theirs, adding: "It looks more like an HTC model."
Independent
South Korea's overall unemployment rate remained steady at 3% in December 2012.
AFP (via Google)
AP (via Google)
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