South Korea’s communications regulatory body said Thursday that it will allow foreign companies or local companies with a foreign stake of 49 percent or more to provide content for Internet television services.
Internet-protocol TV (IPTV) is …

South Korea will spend 189.3 trillion won (US$151.5 billion) over the next five years to strengthen its competitiveness in the information technology (IT) sector, the government said Wednesday.
The Presidential Council for Future and Vision said …

South Korea will spend 189.3 trillion won (US$151.5 billion) over the next five years to strengthen its competitiveness in the information technology (IT) sector, the government said Wednesday.
The Presidential Council for Future and Vision said …

Samsung Electronics said Friday it is considering building an advanced liquid crystal display (LCD) plant in China, but added no decision has been made.
The company made the announcement in a regulatory filing, responding to a …

Samsung Electro-Mechanics, a South Korean electronic components maker, said Friday it has withdrawn its plan to buy the Chinese production unit of a Taiwanese circuit board manufacturer.
The company has failed to reach an agreement on …

South Korea’s big companies plan to increase their spending on research and development next year, a survey showed Wednesday.
The survey of the nation’s top 30 companies, conducted by the Federation of Korean Industries, found that …

Samsung Electronics said Monday it will invest 5.4 trillion won (US$4.3 billion) on research and development to transform itself into a leader in eco-friendly management by 2013.
“As a leading global technology company, Samsung Electronics has …

LG Chem, South Korea’s largest chemicals maker, said Friday it will spend 1.2 trillion won (US$950 million) by 2014 to build facilities to produce glass sheets for liquid crystal display (LCD) panels.
The investment plan would …

LG Display, the world’s second-largest maker of liquid crystal displays (LCDs), said Wednesday it will spend 3.27 trillion won (US$2.56 billion) to build a new production line to meet growing demand for LCD televisions.
Mass production …

Regarding Ericsson’s plan to invest in Korea, reports of the amount of the investment conflict – Korea’s presidential office, Blue House, and the Sweden-based IT company say different things.
Regarding Ericsson’s plan to invest in Korea, …