Articles by Cho Ji-hyun
Cho Ji-hyun
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3 global firms eye E-Mart’s units in China
Wal-Mart, Tesco, Ren Ren Le to be likely bidders: sourceThree well-known global companies have been taking part in the bid for E-Mart’s Chinese operations, according to a U.K.-based company specializing in information on M&As.Mergermarket, an independent mergers and acquisitions intelligence service, told The Korea Herald that Wal-Mart, Tesco and Ren Ren Le are most likely in line to take over E-M
Industry July 6, 2011
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KT eyes global markets through Wi-Fi partnerships
Telecom giant forms international taskforce on global Wi-Fi roaming serviceKT Corp., the country’s biggest fixed-line service operator, is casting an eye toward global markets on the strength of its innovative technologies.Pyo Hyun-myung, president of the mobile business unit at KT, said the company is not merely looking to do business in other countries by buying shares of overseas firms, but als
Industry July 3, 2011
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KT to pursue 3W, LTE as next technologies
Company banking on early 4G network provision along with November launch of LTE serviceKT Corp. said Monday it was aiming to meet the fast-rising demand for wireless data usage by equipping itself with fourth generation wireless broadband and Long Term Evolution technologies.The country’s biggest fixed-line service operator said it would begin servicing the nation’s capital with its 4G LTE network
Industry June 27, 2011
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KT told not to dump 2G phone users
The Korea Communications Commission turned down Friday KT Corp.’s proposal to end services for feature phone users by the end of this month.The state telecom regulator said it would defer giving the green light to KT’s scheme which would force what KCC cited as its remaining 810,000 2G mobile phone users to adopt 3G smartphones by the first half of this year.“Let’s put it off the discussion agenda
Industry June 24, 2011
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SK telink barred from MVNO market
Subsidiary firms of Korea’s mobile carriers are expected to meet resistance in joining the market for mobile virtual network operators as the state watchdog appears wary of letting them do so.In its general meeting on Friday, the Korea Communications Commission agreed to recommend that SK telink, a subsidiary of market leader SK Telecom, hold back from entering the MVNO market.SK telink, a firm in
Industry June 24, 2011
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LG-Ericsson aims for sales peak
LG-Ericsson said Thursday that it hoped the launch of its Long Term Evolution network would give it the top spot in the country’s telecommunications industry.Lee Jae-ryung, chief executive officer of LG-Ericsson, said that the company expects to surpass its peak sales figure of 1.1 trillion won recorded in 2008 with the nationwide introduction of fourth generation LTE networks.“It’s difficult for
Industry June 23, 2011
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Nexon, CJ E&M sign publishing agreement for Sudden Attack
Online game publishing companies Nexon and CJ Entertainment and Media agreed Tuesday to jointly publish the popular Sudden Attack from July 11.People will be able to access the free-to-play first person shooter game on both CJ E&M’s Netmarble and Nexon’s platforms until July 10, 2013, officials at Nexon said.The agreement was signed after debate was sparked on May 30 when CJ E&M began publicizing
Industry June 23, 2011
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KCC keeps SKT, KT off 2.1 GHz broadband range
The Korea Communications Commission agreed to exclude two mobile carriers SK Telecom and KT Corp. from a new wireless broadband spectrum auction, giving the upper hand to LG Uplus on Wednesday.Five commissioners of the state media and telecom regulating body said SKT and KT will be blocked from taking part in the 2.1 gigahertz radio spectrum auction, slated for early August.“We decided to go with
June 22, 2011
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LG rolls out world’s fastest color printer
LG Electronics said on Tuesday it would roll out the world’s fastest A4 color desktop printer, able to print up to 60 pages per minute, this month.In a press conference held in downtown Seoul, the global electronics giant said it joined hands with global player Memjet to release the product “Machjet LPP6010N” in the local market.The event comes as LG Electronics is putting more weight on the print
Industry June 21, 2011
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SK firm opens online site on scholarships
SK Communications said Tuesday it has launched a website that provides scholarship information involving 63 scholarship foundations and 110 different academic funding programs.The country’s online portal, which runs Cyworld, said it would also hold a briefing session in Seoul and Busan this week at two universities to explain how students could easily access information on various scholarships ava
Technology June 21, 2011
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Softbank aims for world top 10 in 30 years
CEO Son says company will help renewable energy industry through Internet technologyMasayoshi Son, chairman of Softbank Corp., said Monday that the company aims to be listed as one of the world’s top 10 firms in market capitalization in the next 30 years.In a press conference held in downtown Seoul, the 53-year-old chief executive officer said the firms belonging to the top 10 list have changed ra
Industry June 20, 2011
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40-hour week means no new mobiles on Saturdays
Mobile retail outlets will not be able to activate new mobile phones on Saturdays starting from next month as the government plans to enforce the 40-hour per week work scheme for smaller workplaces.The country’s three mobile carriers ― SK Telecom, KT Corp. and LG Uplus ― said that electronics systems at the mobile retail outlets will not function on Saturdays beginning July 1.The move comes as the
Industry June 20, 2011
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97 Hyundai Motor union staff caught gambling online at work
Hyundai Motor Co. said Sunday it found 97 of its unionized workers in Ulsan and Asan factories logging on to Internet gambling games during work hours.The country’s No. 1 carmaker said 62 employees at its Ulsan plant and 35 employees at its Asan plant were involved in cyber gambling, betting as much as 100 million won ($92,000) in some cases, according to company officials.The online gambling was
Industry June 19, 2011
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4G LTE technology to debut next month
4G mobile phones to be released as early as Sept.The fourth generation telecommunications technology Long Term Evolution is expected to debut next month as two of the country’s mobile carriers are getting ready to launch the service in many cities across the nation.SK Telecom, the country’s top mobile carrier, has announced it will commercialize the technology in Seoul next month by establishing 6
Industry June 19, 2011
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Lotte enters China, E-Mart retreats
Lotte opens store in Tianjin; E-Mart looking to sell outletsLotte Shopping will open its first wholly invested department store on Friday in Tianjin, China, company officials said Thursday.The country’s top retail giant said the store in Tianjin will be the third establishment built overseas, but the first operated “Korean style.”The department store, located in one of the largest cities in China,
Industry June 16, 2011
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