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Where Walmart Stores Should Compete With Amazon ?

Jan 14, 2017 PM EST - Hayden Thomas

Wal-Mart Reorganizes To Compete With Amazon

Wal-Mart is reorganizing its e-commerce team and upgrading executives from its recent Jet.com acquisition to compete with Amazon with higher selectivity and lower prices.

Jack Ma on meeting with Trump: We talked about supporting U.S. small biz

Jan 11, 2017 AM EST - Hayden Thomas

Alibaba Promises 1 Million Jobs In The US

Alibaba founder, Jack Ma met with Donald Trump on Monday and promised to create a million jobs in the US over the next five years from the platform of an e-commerce company.

IBM and Samsung win most patents in 2016

Feb 03, 2017 AM EST - Hayden Thomas

IBM Has Been The Most Patented US Company For 24 years.

Neither Google, nor Facebook, nor Amazon, nor Tesla ... One of the oldest companies in the technology sector -IBM- is also the most inventive in the United States.

Samsung shares rise despite massive Note 7 smartphone recall

Jan 09, 2017 PM EST - Hayden Thomas

Samsung's Shares Skyrocket And Hit Record

Samsung Electronics shares hit an all-time high, Monday, on the back of the firm's robust earnings estimation due to an unprecedented boom in the memory chip market.

Why Apple Pay Declines

Jan 07, 2017 AM EST - Hayden Thomas

Apple Cuts Pay To Tim Cook For Not Meeting 2016 Targets

With Apple's declining profits, the richest U.S company has decided to decrease its payroll as well.

Scandalized FKI to be abandoned by banks. (Photo by Pool/Getty Images)

Dec 10, 2016 AM EST - Fraeraine

Scandalized FKI to be Abandoned by Banks

It seems like the country's biggest business lobby group, Federation of Korean Industries (FKI), is bound to fall apart as bank members, along with conglomerate members, are taking their exit one by one.

Audi Volkswagen faces $31 million fines for doing false advertising. (Photo Credit: Getty Images)

Dec 07, 2016 AM EST - Fraeraine

Audi Volkswagen Faces $31 Million Fines For Doing False Advertising

Audi Volkswagen Korea faces 37.3 billion won ($31 million) fines for doing false advertisements. The company was recently under fire for fabricating the emission results of their cars to pass local standards.

LG Electronics, which was previously headed by 3 co-CEOs, is now led by Cho Sung-jin as a sole CEO.

Dec 02, 2016 AM EST - Fraeraine

LG Electronics Promoted Cho Sung-jin As Sole CEO

The nation's second-largest electronics maker, LG Electronics, recently changed its corporate management system. The company, which was previously headed by 3 co-CEOs is now led by Cho Sung-jin as a sole CEO. Cho Sung-jin, a former Home Appliance and Air Systems (H&A) business head is now being promoted to vice chairman and was even name as the company's new sole CEO.

LG's new air purifier and conditioner were unveiled to the public on Thursday.

Nov 18, 2016 AM EST - Fraeraine

LG’s New Air Purifier and Conditioner Released in the Market

LG recently unveiled its solution to growing concerns about indoor pollution. LG's new air purifier and conditioner were unveiled to the public on Thursday, November 17. According to the company, their latest premium their answer to the rising demand for air solutions products.

As part of the electronic company's corporate social responsibility, Samsung will provide a

Nov 11, 2016 AM EST - Fraeraine

Samsung to Provide ‘Smart School’ Program to 14 Institutions

As part of the electronic company's corporate social responsibility, Samsung will provide a "Smart School" Program to 14 selected institutions.

Samsung brings back flip phones with Galaxy Folder 2.

Nov 09, 2016 AM EST - Fraeraine

Samsung to Recall Washing Machines in North America

With regards to the decision of the U.S Consumer Product Safety Commission (CPSC), Samsung to recall washing machines in North America.

Samsung Electronics HQ raided over Choi Soon-sil scandal on Tuesday, November 7.

Nov 08, 2016 AM EST - Fraeraine

Samsung Electronics HQ Raided Over Choi Soon-sil Scandal

Samsung Electronics HQ was raided over the Choi Soon-sil scandal on Tuesday, November 7. Prosecutors raided the offices in charge of external affairs in southern Seoul. This is in relevance to the Choi Soon-sil scandal that has been rocking the country today.

A European tourism giant considers Busan for a new business opportunity.

Nov 04, 2016 AM EDT - Fraeraine

European Tourism Giant Considers Busan for a New Business Opportunity

Pierre & Vacances, a European tourism giant considers Busan for a new business opportunity. According to a reliable source, the said French company is currently eyeing Korea's southern coastal city of Busan for a property development project. The said company was all praises for Busan, said the source, during a recent roundtable meeting with the city's government officials. Busan holds a lot of potential in terms of tourism, said the company. The company even asked the officials to help them find financial investors for the upcoming project.

Lotte Hotel & Resorts (Photo by Chung Sung Jun/Getty Images)

Nov 07, 2016 AM EST - Fraeraine

SIWA to Raise Funds Through Annual Charity Bazaar

The Seoul International Women's Association (SIWA) will hold its annual charity bazaar this November 14, 2016, at the Lotte Hotel in downtown Seoul. The official announcement that SIWA to raise funds through annual charity bazaar was made on Wednesday, November 2, by the association.

Lee Jae Yong joins Samsung Board, officially appointed as member of the Board of Directors.

Nov 01, 2016 AM EDT - Fraeraine

Lee Jae Yong Joins Samsung Board, Officially Appointed as Member of the Board of Directors

Lee Jae Yong joins Samsung board. The heir to Korea's top electronics company was officially appointed as a member of the company's Board of Directors. The appointment of Lee Jae Yong was approved by the company's shareholders as Samsung Electronics reported. The appointment happened in an extraordinary general meeting held at the company's Seocho office building in Seoul last Thursday, October 27, 2016.

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