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North Korea

Foundry Business InvestmentAccording to industry sources, SK Hynix is planning to triple its investment in foundry business this year. To this end, SK Hynix recently organized a task force at its M8 foundry plant located in Cheongju, North Chungcheong Province. Members of the task force are currently conducting research on process optimization, efficiency improvement, sustainable cost reduction, etc. “The exact amount of our investment in foundry business that is to be made this year c…
02.23 / 23:07
businesskorea.co.kr
Focusing on R&DAccording to industry sources, SFA Engineering, a South Korean display manufacturing and semiconductor packaging equipment supplier, is planning to increase its investment-to-sales ratio from 3% or so to at least 10% this year. This is to respond in advance to the expansion of its business with Chinese as well as South Korean companies. SFA Engineering’ sales hit an all-time high of 1.3197 trillion won last year. In December 2016, the company acquired SNU Precision, a d…
02.23 / 23:07
businesskorea.co.kr
Color Steel BusinessPOSCO Coated & Color Steel Co. (C&C), an affiliate of POSCO Group which engages in the manufacture and sale of coated steel sheets, will expand its production facilities for color steel sheets, which are the company’s main product. The company announced on Feb. 22 that it has decided to invest 39 billion won (US$34.08 million) in establishing a Pohang color steel continuous coating facility (No.4 CCL). It is to increase the number of color steel sheet production lines f…
02.23 / 23:07
businesskorea.co.kr
Korean Satellite ProgramsThe South Korean government has decided to spend 220 billion won (US$192.22 million) on the development of the Korea Space Launch Vehicle and 71 billion won (US$62.04 million) on the exploration of the moon, including detailed designs for lunar orbiter, this year. It will also continuously develop the Multi-Purpose Satellite 6 and 7 and the Compact Advanced Satellite 1 and launch the Next Generation Small Satellite 1 with the investment of 218.4 billion won…
02.23 / 23:07
businesskorea.co.kr
Youth Volunteer GroupAbout 10 Hanwha Life's Happy Friends Youth Volunteers will carry out various activities, including cultural exchanges, in Surabaya, Indonesia, for five days from Feb. 20 In its bid to seek the economic independence of the unprivileged youth in Indonesia, Hanwha Life has been offering programs for teenagers to help start their own business from 2015. The company teaches teenagers in the region how to make foods and sell goods at the academy. It is to help them create…
02.23 / 23:07
businesskorea.co.kr
One of us experienced war firsthand at the age of 23 serving in the US Army in Korea in 1952. The other first learned about war 20 years later by asking about the ribbons on his father’s uniform hanging in the closet. The son went on to serve as a civilian in the United States […]Time to Test Diplomacy with North Korea is an article from 38 North: Informed Analysis of North Korea, published by the US-Korea Institute at S…
02.23 / 21:06
38north.org