Friday, September 21, 2007

[The Chosun Ilbo, September 21 2007] LG to Start New Solar Power Company

LG Group is plunging into the solar power industry. LG Corp. announced in a board meeting on Thursday that it will set up a subsidiary dubbed LG Solar Energy to look into ways to harness the power of the sun.
[The Chosun Ilbo, September 21 2007] Samsung Signs Exclusive Printer Deal with Apple

Samsung Electronics has reached a deal to sell its new Swan monochrome laser printer and Logan multifunction printer exclusively at Apple retail stores. The stylish new printers will be sold at Apple's 160 stores nationwide until Jan. 2008.

Apple stores sell that company's top-selling products such as the iPod MP3 player and iPhone and some other non-Apple products including printers. This is the first time the stores will offer a Samsung product.
[The Chosun Ilbo, September 20 2007] Daechi-dong Remains Tutoring Ground Zero

Looking for an Internet cafe in Seoul? Head to Sillim 9-dong, Gwanak-gu, which has more wired cafes than any other part of the country.

According to a report on business locations from the National Statistical Office on Wednesday, 80 Internet cafes are doing business in Shillim 9-dong, the most in all of Korea's 2,572 administrative districts.
[The Chosun Ilbo, September 19 2007] Samsung to Invest in U.S. Independent Films

Samsung will join hands with a U.S. film distributor and invest some US$250,000 annually in making movies. The group launched Samsung Entertainment Group for its film business in 1995 with staff from Samsung Electronics, Samsung Corp., and Cheil Communications but liquidated the company in 1998 and since then has not invested directly in the film industry except for supervising product placement.
[The Chosun Ilbo, September 19 2007] Electronic Coin Purse Could Solve W10 Coin Dilemma

Many people say they are hesitant to keep W10 coins because they are cumbersome yet they don't want to give them up since they rarely have them. Kim Tae-kyun is a 28-year-old office worker who frequently has to work overtime and take late-night cab rides home. Because of the late hour premium, Kim is often due small amounts of change after paying the cab fare, but he usually refuses W10 coins -- they're just not worth the burden. Of course when he needs to buy a W20 plastic bag at a supermarket, he doesn't have any W10 coins on hand.

To overcome this common dilemma, a Korean company has developed an electronic coin purse. The system lets users put small amounts of change onto transportation fare cards or credit cards with embedded smart chips. For example, if a taxi fare is W12,340 and the passenger pays W13,000, the change of W660 is saved on the transportation fare card. The electronic coin purse provides the system for small deposits and payments via the cards.
[The Chosun Ilbo, September 18 2007] Pop Idol Rain to Become Tech Mogul

Singer and actor Rain will be a major shareholder of a company listed on the Korea Securities Dealers Automated Quotation or KOSDAQ. SATEC, a wireless technology company, said in a statement Monday that the singer will participate in a company capital increase that was decided on Sept. 3.


Following the investment, the singer will turn the company into an entertainment firm. Rain said that he will purchase more shares and take over the managerial rights as part of a plan to grow the company into a producer and distributor of Korean media content targeting the global market.
[The Chosun Ilbo, September 18 2007] New App Allows Mobile Access to Home Media

Digital technology company DigitAll World together with SK Telecom announced on Monday that it is developing a software application that lets users watch movies from their home computers or TVs on their mobile phones.

Called Orb, the application streams media such as videos saved on home computers or broadcast on TV over the wireless Internet to mobile devices.
[The Chosun Ilbo, September 17 2007] SK Telecom to Introduce Discount Calling Plan

SK Telecom, Korea's largest mobile operator, is planning to launch a discount subscription package that would offer a reduced calling rate when one SK subscriber phones another.

KTF and LG Telecom, the nation's second and third largest wireless operators, are opposed to the plan, saying the so-called "on-net" discount system will only strengthen SK Telecom's market dominance. But if SK Telecom succeeds in launching the on-net discount system, KTF and LG Telecom would have little choice but to follow suit. The nation's wireless industry may be on the verge of a discount war.
[The Chosun Ilbo, September 17 2007] U.S. Investigating Flash Memory Price Fixing

The U.S. Justice Department has launched an investigation into alleged price fixing by flash memory makers including Samsung Electronics and Toshiba, according to Bloomberg news agency.

The latest probe broadens a crackdown on unfair business practices in the semiconductor industry. For the last three years the Justice Department has been investigating antitrust practices among makers of DRAM, another type of memory chip.
[The Chosun Ilbo, September 17 2007] 'D-War' Breaks Korean Box Office Record in U.S.

"D-War", the Korean-made monster movie from director Shim Hyung-rae, earned US$1.55 million on its opening day Friday in the U.S.According to U.S. entertainment industry newspaper Variety and box office reporter Box Office Mojo (, the movie retitled "Dragon Wars" scored the all-time opening-day box-office high for Korean films in the U.S. It opened in 2,275 theaters across the nation.
[The Chosun Ilbo, September 14 2007] Nude Photos Reignite Shin Jeong-ah Drama

A Korean newspaper has sparked controversy by publishing two photos of a nude woman said to be disgraced former art curator Shin Jeong-ah on Thursday. The photos show the front and back of a naked, smiling woman standing in front of a bookcase.
[The Chosun Ilbo, September 14 2007] Korean-American Snares Julia Roberts for Debut Film

Julia Roberts will make her bigscreen return in 37-year-old Korean-American director Dennis Lee's family drama "Fireflies in the Garden", according to sources on Thursday.
[The Chosun Ilbo, September 14 2007] Virtual Reality Clothing Store Opens in Korea

Technology refinements can give retailers just the competitive edge they need to attract customers.

Seeking the latest in the ultimate convenient shopping experience, the i-Fashion Clothing Technology Center at Konkuk University, in partnership with clothing manufacturer FnC Kolon, has developed what it calls the i-Fashion system.
[The Chosun Ilbo, September 13 2007] Briefings Without Truth

The government began construction work on Wednesday to remodel the briefing room at the Ministry of Foreign Affairs and Trade at the government complex in Sejongro, Seoul into a central briefing room. This is to make sure that journalists are blocked from meeting and talking directly with government officials and write their articles based solely on the contents of briefings. The government is saying that its briefings will contain all the truth the public needs.
[The Chosun Ilbo, September 13 2007] Why the First Lady Has Kept Reporters at Bay

First Lady Kwon Yang-sook, in a rare meeting with the press on Wednesday, explained why she has been keeping a low profile. Since the early days of the Roh Moo-hyun administration, she said, “I thought we should maintain a smooth relationship with the press. I made some attempts in hopes of arranging meetings, chiefly with reporters on the Cheong Wa Dae beat, if at all possible.” But in the end, Kwon decided to keep quiet because she believed such meetings would be inappropriate “considering that it is the president who conducts big politics and has the power. So yes, I kept quiet. It's a pity and apologize to you," she said.
[The Chosun Ilbo, September 13 2007] How to Protect Your Privacy From Computer Snoops

Prosecutors recently recovered scores of deleted e-mail messages between former chief presidential secretary for national policy Byeon Yang-kyoon and former Dongguk University assistant professor Shin Jeong-ah. The news has rippled into the corporate sector, casting a new light on the security of personal and industrial information. One telecommunications company on Wednesday ordered its workers to delete data with permanent delete software when they go on long-term business trips or quit the job. Leakage of classified corporate information or private information could deal a hard blow to a company. Against this backdrop, some CEOs and workers have come up with their own unique privacy protection techniques, an idea encouraged by security experts. Here the Chosun Ilbo shares some privacy strategies.
[The Chosun Ilbo, September 13 2007] Samsung Introduces 60nm Processing for 2Gb DDR2 DRAM

Samsung Electronics said on Wednesday that it has succeeded in building the world's first 2-gigabit DDR2 DRAM using 60-nanometer process technology.

The new chip can process the equivalent of seven or eight months' worth of newspaper text per second. The company said the next-generation product is set to become a category leader next year.
[The Chosun Ilbo, September 13 2007] KT Looking to Raise Pay Phone Rate

KT, suffering from a growing deficit in its pay phone business, announced on Wednesday that it wants to raise the pay phone rate to W100 from the current W70.


"The pay phone rate has been frozen since 2002, and the current rate is just 24 percent of the average rate in foreign countries," a KT executive said. "I think it's time to discuss increasing it."
[The Chosun Ilbo, September 12 2007] Be Careful How You Delete Your Incriminating Files

Several years ago, two MIT graduate students conducted an experiment to restore data from 158 second-hand computer disk drives that they bought from online auctions. They were able to recover 5,000 credit card numbers, detailed medical records, personal emails and even corporate ledgers from 129 of the drives. Three drives contained the details of years' worth of banking transactions. A test by the Korea Advanced Institute of Science and Technology produced similar results, with all kinds of personal information like resident registration numbers pouring from second-hand computers.
[The Chosun Ilbo, September 12 2007] Samsung Starts Shipping Flash Hard Drives for PCs

Samsung Electronics has started cultivating a new Flash memory market by producing large-capacity solid-state drives. The company said Tuesday it started shipping 2.5-inch 64GB SSDs to the world’s second largest PC maker Dell. The new drives will be installed in Dell’s premium notebooks, which will go commercial late this year. Unlike existing hard disc drives, SSDs use a Flash chip as a storage device and lack a motor and operating device, so they do not generate heat and noise while operating and boast improved shock-resistance.
[The Chosun Ilbo, September 12 2007] Content Producers Clash With Portal Operators

A group of Korean content producers, feeling they have lost their rights to their work to giant Internet portals, have declared war on the websites.

Six media organizations -- the Korea Online Newspaper Association, the Korea Online Journalists Association, the Korean Internet Journalists Association, the Korea Internet Media Association, the Korea Internet Newspaper Association and Korea Internet Contents United -- launched the News and Content Copyright Holders' Council at a restaurant in Cheondong in central Seoul on Tuesday morning.

The groups announced that they have begun taking collective action to prevent portals from monopolizing profits and abusing the rights of content producers. The six groups together represent 240 media companies.
[The Chosun Ilbo, September 12 2007] Businesses Hiring Hunks to Woo Customers

The recently ended soap "Coffee Prince No. 1" has brought about a whole new concept in marketing in which good-looking single men are the main substance. In the drama, a cafe owner played by heartthrob Gong Yoo only hired beautiful young men and succeeded in attracting a slew of female customers.


Googies, a seafood restaurant in Shinsa-dong, Seoul, not long ago embarked on a "stud marketing" campaign with KTF, hiring four model-hopefuls selected through a fierce competition. The results? More than satisfactory. After these four hunks served for a month, the restaurant earned the nickname "Crab Prince No. 1," with a video clip by the same name becoming one of the most watched on the Korean Internet.
KBS WORLD [14.8.2007]: "How Korea's DMB Service is Going Global?
Korea first launched DMB service in cities around the nation. A new service is expected to boost T-DMB distribution, which has already attracted 6 million subscribers. "


KBS WORLD [28.8.2007]: "A new medical treatment system in a ubiquitous world: U-Health Care "

Wednesday, September 19, 2007

AsiaMedia :: KOREA: Government pushes for pressroom closure

AsiaMedia :: KOREA: Government pushes for pressroom closure:

"Ignoring the media's fierce objections, President Roh's press reforms move forward and shut down the Ministry of Foreign Affairs Trade's news briefing room

The Korea Times Wednesday, September 12, 2007
By Jung Sung-ki

Government-hired construction workers dismantled the news briefing room of the Ministry of Foreign Affairs Trade Wednesday, despite vehement opposition from the foreign ministry's reporters corps and media organizations. Journalists and political circles blasted the move, which critics argue is an attempt to gag the media and limit the people's right to know."

AsiaMedia :: KOREA: New Party’s Mobile Phone Voting to Attract Youngsters

AsiaMedia :: KOREA: New Party’s Mobile Phone Voting to Attract Youngsters:

"UNDP's new voting system encourages more members of the party's electoral college to vote, accounts for 10 percent of the final result

The Korea Times Tuesday, September 19, 2007
By Kim Sue-young

The United New Democratic Party (UNDP) has begun to accept registration of mobile phone voters for its primary, which will likely affect the selection of its standard-bearer. The new voting system is expected to encourage more members of the party's electoral college, especially young people, to vote because they can cast their ballots at there own convenience. Due to this expectation, the three presidential contenders are endeavoring to win more support."

AsiaMedia :: KOREA: "This is disgraceful yellow journalism"

AsiaMedia :: KOREA: "This is disgraceful yellow journalism":

"The Munhwa Ilbo receives harsh criticism from the public for publishing nude photos of disgraced professor Shin Jeong-ah

The Korea Herald Friday, September 14, 2007
By Shin Hae-in

The scandal surrounding disgraced former art professor Shin Jeong-ah took a new turn yesterday as a newspaper published naked pictures of her, raising the eyebrows, and drawing strong criticism, of many Koreans. The vernacular daily Munhwa Ilbo yesterday printed two nude photographs of Shin with her torso covered with a colored square. It alleged that she may have sexually lobbied high-profile figures to make her way up the social ladder. Byeon Yang-kyoon, a married senior aide to President Roh Moo-hyun, resigned Monday after his 'indecent relationship' with her came to light."

AsiaMedia :: KOREA: Bogus professor tops internet news

AsiaMedia :: KOREA: Bogus professor tops internet news:
"Shin Jeong-ah, famous for faking her university degrees and for relationships with high-profile men, tops Naver's most-searched list

The Korea Times Sunday, September 16, 2007
By Bae Ji-sook

Shin Jeong-ah topped the nation's No.1 search engine Naver's most searched word list last week. The 35-year-old bogus degree holder Shin allegedly had an 'inappropriate relationship' with top presidential aide Byeon Yang-kyoon. It was also rumored that she had similar relationships with other high-profile political or social figures. On Thursday, daily Munwha Ilbo printed a nude photo of her. The newspaper landed ninth."

Tuesday, September 18, 2007

[The Hankyoreh, September 17 2007] 'Dragon Wars' pleases U.S. moviegoers, riles critics

The science fiction film 'Dragon Wars: D-War', made by South Korean comedian-turned-director Shim Hyeong-Rae opened at a total of 2,275 theaters in the U.S. on Sept. 14, receiving good response over the weekend from moviegoers but harsh reviews from critics.
[The Hankyoreh, September 15 2007] Apologize!

Civic activists hold a rally in front of the daily Munhwa Ilbo in protest of the newspaper's running nude pictures of Shin Jeong-ah, who reportedly forged her academic credentials and had ties to a presidential aide. Civic activists, media watchdog organizations, human rights groups, and feminist organizations have demanded the Munhwa Ilbo apologize and are calling for punitive measures against the person who decided to run the nude pictures.
[The Hankyoreh, September 14 2007] Gov't said to accept media reform proposal

Move would set up checks and balances between gov't, media

Cheong Wa Dae, or the Presidential Office, is believed to have accepted an arbitration proposal by the pro-government United New Democratic Party (UNDP) to amend or deleted core parts of its "plan for the modernization of media support" on the condition that journalists should follow the government's move to consolidate press rooms.

The Roh Moo-hyun administration has been pushing to restrict reporters' direct access to government officials as well as to reduce the number of press rooms in government offices, a controversial move that has been met with opposition from journalists.
[The Hankyoreh, September 14 2007] Controversy explodes over nude photos in major daily

Suggestion is former professor traded sex for favors; rights groups furious

After running nude pictures of Shin Jeong-ah on September 13, the daily afternoon newspaper Munhwa Ilbo has met with considerable controversy.

Shin has been in the news for allegedly forging her academic credentials, as well as accusations that she had ties to a then-aide of President Roh Moo-hyun.

The discovery "in the home of a leading member of the cultural community" of the "multiple photographs" of Shin standing nude was the Munhwa Ilbo's front page story, although the photos themselves were on page 3 in a related article. The first article quotes an expert in photography, who said that "given there are no marks on her body, the photographs were likely taken long after she had removed her underwear" and that they "give you the feeling they are more like indicators of a 'close relationship' than that they were intended as works" of photographic art.
[The Hankyoreh, September 14 2007] Pushing the media envelope

President Roh Moo-hyun is frequently in a state of tension with the nation's media, saying that it needs reform.

This time, the media, symbolized by the fountain pen tip on the car door, finds that, in the words of the driver, it has "Oops! gone too far" this time.

The daily Munhwa Ilbo is under fire for running nude photos of Shin Jeong-ah and all but directly suggesting they are evidence that she slept her way to get where she got in the academic world; that is, before serious allegations emerged that she had lied about her educational background by forging her diplomas.
[ News, Economy / Industry, September 17 2007] Korea's financial authorities to closely monitor non-banking institutions

Korea's financial watchdog plans to step up monitoring of the country's non-banking financial institutions, as part of its efforts to protect local markets from the fallout from U.S. subprime mortgage crisis, its chief said Monday (Sept. 17).
[ News, Economy / Industry, September 17 2007] Samsung's accumulative LCD shipments exceed 200 mln units

Korea's tech giant Samsung Electronics Co. said Monday (Sept. 17) that its accumulative shipments of liquid crystal display (LCD) panels had exceeded 200 million units for the first time in the flat-panel industry.

Samsung said that it had shipped a total of 204 million LCD panels for IT goods including computer monitors at the end of last month, a figure reached in the 12 years since the company started mass production of flat panel products in 1995.
[ News, Economy / Industry, September16 2007] Samsung surges to 2nd in global multifunctional laser printer market

Korea's Samsung Electronics Co. said Sunday (Sept. 16) that it jumped to second place in the worldwide multifunctional color laser printer market during the first half of this year thanks to brisk sales of its latest products.
[ News, Economy / Industry, September 12 2007] Samsung Electronics retains No. 1 spot in Chinese monitor market

Samsung Electronics Co., South Korea's electronics giant, said Wednesday (Sept. 12) that it retained its No.1 position in the monitor market in China for the first seven months of this year.
[ News, Economy / Industry, September 6 2007] LG Electronics chosen as best brand in S. Africa

LG Electronics said Thursday (Sept. 6) that it has been selected as the best electronics home appliance brand in South Africa in a recent brand recognition survey conducted by a local magazine.
[ News, Economy / Industry, September 5 2007] Sales at online shopping malls up 15 % in July

Sales at Korea’s online shopping malls rose 15 percent in July from a year earlier, thanks to increased purchases of consumer electronics and telecommunications equipment, a government report showed Wednesday (Sept. 5).The combined sales at the cyber shopping malls amounted to 1.32 trillion won ($1.40 billion) in July, compared with 1.14 trillion won a year earlier, the report by the Korea National Statistical Office (NSO) said.
[ News, Economy / Industry,September 4 2007] Korean digital electronics exports up 11.8 % in August

Korea's digital electronics exports shot up 11.8 percent in August from a year earlier, thanks to strong demand for semiconductors and flat panel displays, the government said Tuesday (Sept. 4).
[ News, Economy / Industry, September 3 2007] Korean IT exports grow 13.6 % in August

Korean exports of information technology (IT) goods grew 13.6 percent in August from a year earlier, boosted by brisk sales of mobile phones, flat panels and semiconductors, a government report showed Monday (Sept.3).
[ News, Economy / Industry, August 31 2007] LG Electronics aims to post over $10 bil. in European sales in 2010: executive

Korea's LG Electronics Inc. will post more than $10 billion in sales from the European market in 2010, thanks to increasing demand for its premium products such as mobile phones and flat-panel TVs, a top executive said Thursday (Aug. 30).
[ News, Economy / Industry, August 30 2007] Korea's service sector posts faster output growth in July

Korea's service sector output growth accelerated for a second month in July, an indication that consumers are increasing spending, a government report said Thursday (Aug. 30).

An index measuring service sector output rose 9.8 percent on-year last month, up from a 5.9 percent advance in May and a 7.9 percent increase in June, the Korea National Statistical Office said in the report.
[ News, Economy / Industry, August 30 2007] Seoul plans to spend big on knowledge-based industry

Korea said Thursday (Aug. 30) that it will invest 970 billion won ($1.02 billion) in the next eight years to strengthen the competitiveness of the country's knowledge-based service industry.

The plan calls for concentrated support in 11 value-added business areas that promise the greatest growth potential in the coming years, the Ministry of Commerce, Industry and Energy said.

It said if the efforts bear fruit, this upper-end service industry could account for more than 30 percent of the gross domestic product and a third of the workforce by 2012. This is on par with levels currently enjoyed by industrialized countries.
[ News, Economy / Industry, August 28 2007] Samsung retains No. 1 in LCD in July

Korea's Samsung Electronics Co. kept its No. 1 status in the global liquid crystal display (LCD) market last month, amid rebounding product prices, a report showed Tuesday (Aug. 28).

According to the report by DisplaySearch, a U.S.-based market researcher, Samsung sold $1.59 billion worth of LCD panels in July, keeping its leading position in the flat-panel market for 27 consecutive months.