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Samsung, Apple tie in smartphone sales in Q4
Samsung, Apple tie in smartphone sales in Q4
Apple Inc. tied with Samsung Electronics in the fourth quarter of 2014 to become the world’s largest smartphone vendor for the first time since three years ago, a U.S. market researcher said Thursday. Each of the two companies shipped 74.5 million smartphones in the October-December period, Strategy Analytics (SA) said. But Apple did better than Samsung. The former's market share rose by two percentage points to a record 19.6 percent in the fourth quarter from a year earlier, while Sa…
Apple takes top spot in Chinese smartphone market for 1st time
Apple takes top spot in Chinese smar…
Apple Inc., headquartered in California, has taken the No. 1 spot in China's smartphone market for the first time on the back of the popularity of its iPhone 6 and 6 Plus there, a British market researcher said on Tuesday (local time). "The incredible popularity of the iPhone 6 and 6 Plus in China in the fourth quarter of 2014 has led Apple to take first place in the Chinese smartphone market for the first time by units shipped," the market researcher, Canalys, said, in a press release. … Apple Inc., headquartered in California, has taken the No. 1 spot in China's smartphone market for the first time on the back of the popularity of its iPhone 6 and 6 Plus there, a British market researcher said on Tuesday (local time). "The incredible popularity of the iPhone 6 and 6 Plus in China in the fourth quarter of 2014 has led Apple to take first place in the Chinese smartphone market for the first time by units shipped," the market researcher, Canalys, said, in a press release. …
Consumer sentiment snaps 3-month fall in Jan.
Consumer sentiment snaps 3-month fal…
South Korea's composite consumer sentiment index (CCSI) inched up in January from the previous month, the central bank said on Tuesday. The consumers' confidence had fallen for the third consecutive month in December 2014. The index stood at 102 in January, up one point from a revised 101 in December 2014, the Bank of Korea (BOK) said, based on a survey of 2,035 households nationwide which was conducted between Jan. 13 and Jan. 20. The CCSI is a gauge of consumers' overall economic outlook, l… South Korea's composite consumer sentiment index (CCSI) inched up in January from the previous month, the central bank said on Tuesday. The consumers' confidence had fallen for the third consecutive month in December 2014. The index stood at 102 in January, up one point from a revised 101 in December 2014, the Bank of Korea (BOK) said, based on a survey of 2,035 households nationwide which was conducted between Jan. 13 and Jan. 20. The CCSI is a gauge of consumers' overall economic outlook, l…
Koreas ramyeon market shrinks 2% in 2014
Korea's ramyeon market shrinks 2% in…
South Korea's ramyeon (instant noodles) market contracted slightly in 2014 from a year ago, a major ramyeon manufacturer said on Monday. The size of the country's ramyeon market reached 1,970 billion won last year, down 2 percent from 2,010 billion won tallied in 2013, Nongshim, the nation's largest processed food manufacturer, said, based on statistics contained in a food distribution yearly book and data complied by market researcher Nislsen. Officials at Nongshim attributed … South Korea's ramyeon (instant noodles) market contracted slightly in 2014 from a year ago, a major ramyeon manufacturer said on Monday. The size of the country's ramyeon market reached 1,970 billion won last year, down 2 percent from 2,010 billion won tallied in 2013, Nongshim, the nation's largest processed food manufacturer, said, based on statistics contained in a food distribution yearly book and data complied by market researcher Nislsen. Officials at Nongshim attributed …
Auto imports rise sharply
Auto imports rise sharply
South Korea imported US$9.12 billion worth of automobiles last year, up 44 percent from 2013, a traders' association said Friday. The figure represents more than two-fold increase from 2011 ($4.27 billion), according to the Korea International Trade Association (KITA). German vehicles took the lion's share with $5.15 billion or 56.5 percent of the total auto imports, up 46.3 percent from 2013. Japanese cars came in second with $1.03 billion or 11.3 percent, up 24.6 percent from a y… South Korea imported US$9.12 billion worth of automobiles last year, up 44 percent from 2013, a traders' association said Friday. The figure represents more than two-fold increase from 2011 ($4.27 billion), according to the Korea International Trade Association (KITA). German vehicles took the lion's share with $5.15 billion or 56.5 percent of the total auto imports, up 46.3 percent from 2013. Japanese cars came in second with $1.03 billion or 11.3 percent, up 24.6 percent from a y…
4 South Korean firms put on worlds 100 most sustainable corporations list
4 South Korean firms put on world's …
Four South Korean companies were put on the list of the world's 100 most sustainable corporations selected by a Canadian economic magazine. They were POSCO, Samsung Electronics, LG Electronics and Shinhan Financial Group, the magazine, Corporate Knights, said on Wednesday (local time). Steelmaker POSCO found itself in 36th place in its Global 100 Class debut. Samsung moved down 11 notches to 45th place, while Shinhan nosedived from 30th to 70th. LG jumped 31 notches to 51st. … Four South Korean companies were put on the list of the world's 100 most sustainable corporations selected by a Canadian economic magazine. They were POSCO, Samsung Electronics, LG Electronics and Shinhan Financial Group, the magazine, Corporate Knights, said on Wednesday (local time). Steelmaker POSCO found itself in 36th place in its Global 100 Class debut. Samsung moved down 11 notches to 45th place, while Shinhan nosedived from 30th to 70th. LG jumped 31 notches to 51st. …
LGs smartphone sales soar 25.2% in 2014
LG's smartphone sales soar 25.2% in …
Worldwide shipments of smartphones made by LG Electronics reached an all-time high of 59.6 million units in 2014, up 25.2 percent from 47.6 million tallied in the previous year, industry sources said Thursday. Market watchers attributed LG's robust sales performance to the rising popularity of the G series, including the flagship G3, the G3 Stylus and the G3 Beat. LG's smartphone shipments have tripled since 2011. The company shipped 20.2 million smartphones in 2011, according to d… Worldwide shipments of smartphones made by LG Electronics reached an all-time high of 59.6 million units in 2014, up 25.2 percent from 47.6 million tallied in the previous year, industry sources said Thursday. Market watchers attributed LG's robust sales performance to the rising popularity of the G series, including the flagship G3, the G3 Stylus and the G3 Beat. LG's smartphone shipments have tripled since 2011. The company shipped 20.2 million smartphones in 2011, according to d…
S. Koreas airline traffic grows 7% in 2014
S. Korea's airline traffic grows 7% …
South Korea's domestic and international airline traffic grew 7 percent in 2014 from the previous year, aided by the robust growth in Chinese tourist arrivals and a rise in the number of South Korean travelers going abroad, the transport ministry reported on Wednesday. The number of arriving and departing flights handled at airports nationwide reached 623,000 (a daily average of 1,715 flights) last year - 413,000 international flights, up 8.4 percent from a year ago, and 213,000 domestic … South Korea's domestic and international airline traffic grew 7 percent in 2014 from the previous year, aided by the robust growth in Chinese tourist arrivals and a rise in the number of South Korean travelers going abroad, the transport ministry reported on Wednesday. The number of arriving and departing flights handled at airports nationwide reached 623,000 (a daily average of 1,715 flights) last year - 413,000 international flights, up 8.4 percent from a year ago, and 213,000 domestic …
Korean investors shifting toward gold
Korean investors shifting toward gold
Sales of gold bars in South Korea have nearly doubled in the past year. According to sources at the Korea Exchange's (KRX) gold market Wednesday, gold bar sales reached 1,383 kilograms last year, up 96.4 percent from 704 kilograms sold in 2013. In December alone, 381 kilograms of gold bars were sold nationwide, they said. The robust sales growth of gold bars last year was led by small-sum investors such as middle-income and ordinary people. In recent months, 10-gram and 37.5-g… Sales of gold bars in South Korea have nearly doubled in the past year. According to sources at the Korea Exchange's (KRX) gold market Wednesday, gold bar sales reached 1,383 kilograms last year, up 96.4 percent from 704 kilograms sold in 2013. In December alone, 381 kilograms of gold bars were sold nationwide, they said. The robust sales growth of gold bars last year was led by small-sum investors such as middle-income and ordinary people. In recent months, 10-gram and 37.5-g…
Chinas GDP growth slows to 7.4% in 2014
China's GDP growth slows to 7.4% in …
China's economic growth slowed to 7.4 percent last year, the weakest expansion in 24 years, the country's statistical office announced on Tuesday. The figure falls short of the government's target of 7.5 percent. It was the first time since 1998 that China failed to meet its annual growth goal for gross domestic product (GDP). China's GDP in 2014 was estimated at 63,646.3 billion yuan, the National Bureau of Statistics said. The GDP of the fourth quarter grew by 1.5 perc… China's economic growth slowed to 7.4 percent last year, the weakest expansion in 24 years, the country's statistical office announced on Tuesday. The figure falls short of the government's target of 7.5 percent. It was the first time since 1998 that China failed to meet its annual growth goal for gross domestic product (GDP). China's GDP in 2014 was estimated at 63,646.3 billion yuan, the National Bureau of Statistics said. The GDP of the fourth quarter grew by 1.5 perc…
Beer imports soar 25.5% in 2014
Beer imports soar 25.5% in 2014
The amount of beer imported by South Korea soared about 25 percent last year from a year earlier, data showed on Monday. According to the data complied by the Korea Customs Service, the country imported 119,467 tons of beer (worth US$111.6 million), up 25.5 percent from 95,211 tons tallied in the previous year. Japanese beer took the top spot for the fourth consecutive year in 2014 with 31,914 tons or 26.7 percent of the total beer imports. Dutch and German beer ranked second and third … The amount of beer imported by South Korea soared about 25 percent last year from a year earlier, data showed on Monday. According to the data complied by the Korea Customs Service, the country imported 119,467 tons of beer (worth US$111.6 million), up 25.5 percent from 95,211 tons tallied in the previous year. Japanese beer took the top spot for the fourth consecutive year in 2014 with 31,914 tons or 26.7 percent of the total beer imports. Dutch and German beer ranked second and third …
Faster Seoul-Gwangju bullet train service to start in March
Faster Seoul-Gwangju bullet train se…
Faster bullet train services linking Seoul with the southwestern city of Gwangju will be made available starting in March. According to the Korea Rail Network Authority (KR Network) Friday, the high-speed train is capable of traveling at up to 300 kilometers per hour and will reduce the traveling time between Yongsan of Seoul and Songjeong of Gwangju to one hour and 33 minutes from two hours and 39 minutes at present. Current KTX bullet trains run at a maximum speed of 150 kilometers per h… Faster bullet train services linking Seoul with the southwestern city of Gwangju will be made available starting in March. According to the Korea Rail Network Authority (KR Network) Friday, the high-speed train is capable of traveling at up to 300 kilometers per hour and will reduce the traveling time between Yongsan of Seoul and Songjeong of Gwangju to one hour and 33 minutes from two hours and 39 minutes at present. Current KTX bullet trains run at a maximum speed of 150 kilometers per h…
BOK cuts 2015 growth forecast to 3.4%
BOK cuts 2015 growth forecast to 3.4%
South Korea's central bank on Thursday lowered its 2015 growth forecast for the country's economy to 3.4 percent from an earlier estimate of 3.9 percent, citing lower-than-expected growth estimate for the fourth quarter. The 3.4 percent GDP growth forecast is lower than growth rates for 2015 set by the government and the state-run Korea Development Institute (KDI). The government predicted 3.8 percent, 0.2 percentage point lower than its earlier estimate, and the KDI 3.5 percent, 0.3… South Korea's central bank on Thursday lowered its 2015 growth forecast for the country's economy to 3.4 percent from an earlier estimate of 3.9 percent, citing lower-than-expected growth estimate for the fourth quarter. The 3.4 percent GDP growth forecast is lower than growth rates for 2015 set by the government and the state-run Korea Development Institute (KDI). The government predicted 3.8 percent, 0.2 percentage point lower than its earlier estimate, and the KDI 3.5 percent, 0.3…
Lydia Ko trades glasses for contact lenses
Lydia Ko trades glasses for contact …
South Korean-born New Zealand teenage golfer Lydia Ko has traded her glasses for contacts, a U.S. golf magazine reported Tuesday (local time). Ko, a LPGA Tour sophomore, traded "her signature glasses for contacts, giving the prodigious teen a more grown-up look," the magazine, Golf Week, said. The five-time LPGA winner will begin her season at the inaugural Coates Golf Championship on Jan. 28-31 in Ocala, Florida, it said. Ko, 17, moved up one notch to second place in the latest women… South Korean-born New Zealand teenage golfer Lydia Ko has traded her glasses for contacts, a U.S. golf magazine reported Tuesday (local time). Ko, a LPGA Tour sophomore, traded "her signature glasses for contacts, giving the prodigious teen a more grown-up look," the magazine, Golf Week, said. The five-time LPGA winner will begin her season at the inaugural Coates Golf Championship on Jan. 28-31 in Ocala, Florida, it said. Ko, 17, moved up one notch to second place in the latest women…
Samsung ranks 2nd in US patent filings
Samsung ranks 2nd in US patent filings
Samsung Electronics retained the No. 2 spot in terms of patent applications filed in the United States in 2014, a U.S. research firm said Tuesday. According to IFI Claims Patent Services, Samsung filed 4,952 patent applications in America last year, up 5.9 percent from 2013. Samsung, the world's top maker of smartphones and memory chips, has been ranked No. 2 since 2006. Samsung spent 14.78 trillion won on R&D in 2013, up from 11.89 trillion on 2012, company officials say. In the fi… Samsung Electronics retained the No. 2 spot in terms of patent applications filed in the United States in 2014, a U.S. research firm said Tuesday. According to IFI Claims Patent Services, Samsung filed 4,952 patent applications in America last year, up 5.9 percent from 2013. Samsung, the world's top maker of smartphones and memory chips, has been ranked No. 2 since 2006. Samsung spent 14.78 trillion won on R&D in 2013, up from 11.89 trillion on 2012, company officials say. In the fi…
Gasoline price falls to 1,542 won per liter
Gasoline price falls to 1,542 won pe…
South Korea's average regular gasoline price fell to 1,542 won per liter on Monday, according to an online service provider of oil prices. In Seoul, the average gas price stood at 1,616 won a liter, 103 won more than in Daegu, the cheapest among 17 big cities and provinces nationwide. according to www.opinet.co.kr run by the Korea National Oil Corporation (KNOC). The gasoline price fall comes as OPEC decided to maintain its collective output quota at 30 million barrels a day at its mee… South Korea's average regular gasoline price fell to 1,542 won per liter on Monday, according to an online service provider of oil prices. In Seoul, the average gas price stood at 1,616 won a liter, 103 won more than in Daegu, the cheapest among 17 big cities and provinces nationwide. according to www.opinet.co.kr run by the Korea National Oil Corporation (KNOC). The gasoline price fall comes as OPEC decided to maintain its collective output quota at 30 million barrels a day at its mee…
QDOT TV shipments will grow explosively
'QDOT TV shipments will grow explosi…
The number of global quantum dot (QDOT) TV shipments is expected to exceed 18 million in 2018, a market researcher said Friday. "In order to boost consumer value in the LCD TV market, 4K ultra-high-definition (UHD) enhanced-color LCD TVs using quantum dot technology will become available in 2015, with 1.3 million shipping worldwide," DisplaySearch (www.displaysearch.com) said, adding that shipments of QDOT TVs are expected to grow to 18.7 million three years later. It forecast that QDOT TV… The number of global quantum dot (QDOT) TV shipments is expected to exceed 18 million in 2018, a market researcher said Friday. "In order to boost consumer value in the LCD TV market, 4K ultra-high-definition (UHD) enhanced-color LCD TVs using quantum dot technology will become available in 2015, with 1.3 million shipping worldwide," DisplaySearch (www.displaysearch.com) said, adding that shipments of QDOT TVs are expected to grow to 18.7 million three years later. It forecast that QDOT TV…
Samsung did better than expected in Q4
Samsung did better than expected in …
Samsung Electronics said Thursday that its operating profit soared by 28.08 percent to 5.2 trillion won (approximately US$4.73 billion) in the fourth quarter of 2014 from the previous quarter. The figure exceeds 27 local brokerages’ average estimate of 4.82 trillion won compiled by financial information provider FnGuide. But it mark a 37.42 percent fall from a year earlier. In a regulatory filing, the world's top maker of smartphones and memory chips said its sales also rose by 9.59 pe… Samsung Electronics said Thursday that its operating profit soared by 28.08 percent to 5.2 trillion won (approximately US$4.73 billion) in the fourth quarter of 2014 from the previous quarter. The figure exceeds 27 local brokerages’ average estimate of 4.82 trillion won compiled by financial information provider FnGuide. But it mark a 37.42 percent fall from a year earlier. In a regulatory filing, the world's top maker of smartphones and memory chips said its sales also rose by 9.59 pe…
Imported car sales soar 25.5% in 2014
Imported car sales soar 25.5% in 2014
Sales of imported vehicles in South Korea reached a record high of 196,359 units in 2014, up 25.5 percent from a year ago, industry sources said Wednesday. BMW took the best-selling foreign-car brand title with 40,174 vehicles or 20.4 percent of the total imported vehicles sold, according to the Korea Automobile Importers and Distributors Association (KAIDA). Three other German brands ranked 2nd-4th. They were Mercedes-Benz (35,213 units sold), Volkswagen (30,719 vehicles) and Audi (27,647… Sales of imported vehicles in South Korea reached a record high of 196,359 units in 2014, up 25.5 percent from a year ago, industry sources said Wednesday. BMW took the best-selling foreign-car brand title with 40,174 vehicles or 20.4 percent of the total imported vehicles sold, according to the Korea Automobile Importers and Distributors Association (KAIDA). Three other German brands ranked 2nd-4th. They were Mercedes-Benz (35,213 units sold), Volkswagen (30,719 vehicles) and Audi (27,647…
Hyundai Motor to invest $72.7 bil. by 2018
Hyundai Motor to invest $72.7 bil. b…
Hyundai Motor Group said Tuesday it plans to invest 80.7 trillion won (approximately US$72.7 billion) over the next four years, with the aim of becoming a global leader by obtaining technologies for for future cars such as eco-friendly and smart vehicles. It means that to that end, the automotive group will spend an annual average of 20.2 trillion won between 2015 and 2018, up 35.6 percent from a record high of 14.9 trillion won it spent in 2014. Of the money, 49.1 trillion won will be set… Hyundai Motor Group said Tuesday it plans to invest 80.7 trillion won (approximately US$72.7 billion) over the next four years, with the aim of becoming a global leader by obtaining technologies for for future cars such as eco-friendly and smart vehicles. It means that to that end, the automotive group will spend an annual average of 20.2 trillion won between 2015 and 2018, up 35.6 percent from a record high of 14.9 trillion won it spent in 2014. Of the money, 49.1 trillion won will be set…
Sales of Xiaomi handsets skyrocket in 2014
Sales of Xiaomi handsets skyrocket i…
Sales of smartphones by China's Xiaomi skyrocketed more than 200 percent in 2014 from a year ago, according to China's official Xinhua news agency. In an e-mail sent to its employees on Sunday, Xiaomi CEO Lei Jun said that the company sold 61.1 million smartphones in 2014, up 227 percent from 18.7 million units tallied in 2013, Xinhua said. Lei's remarks came weeks before the planned release of the new Xiaomi smartphone "redme2," which is priced at 699 Chinese yuan (about 12… Sales of smartphones by China's Xiaomi skyrocketed more than 200 percent in 2014 from a year ago, according to China's official Xinhua news agency. In an e-mail sent to its employees on Sunday, Xiaomi CEO Lei Jun said that the company sold 61.1 million smartphones in 2014, up 227 percent from 18.7 million units tallied in 2013, Xinhua said. Lei's remarks came weeks before the planned release of the new Xiaomi smartphone "redme2," which is priced at 699 Chinese yuan (about 12…
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Researchers reveal why modern humans have lightweight skeletons
Researchers reveal why modern humans have lightweight skeletons
Modern humans have a relatively "lightly" built skeleton, compared with those of chimpanzees and extinct human species, and a new study released Monday said that may have resulted from a reduction in mobility and activity levels due to a shift from foraging to non-foraging lifestyles after the start…
2014 on track to be one of hottest, possibly hottest, on record: WMO
2014 on track to be one of hottest, possibly hottest, on record: WMO
The year 2014 is on track to be one of the hottest, if not the hottest, on record, largely due to record high global sea surface temperatures, according to preliminary estimates by the World Meteorological Organization (WMO) on Wednesday (local time). The global average air temperature over land …
Jupiter’s red spot likely product of sunburn
Jupiter’s red spot likely product of sunburn
The ruddy color of Jupiter's famous Great Red Spot is likely a product of simple chemicals being broken apart by sunlight in the planet's upper atmosphere, researchers from the U.S. space agency NASA said Tuesday. The results, based on a combination of data from the December 2000 Jupiter …
Worlds tallest man meets worlds shortest man
World's tallest man meets world's shortest man
One stands as tall as a red British phone booth. The other is the height of six stacked cans of baked beans. On Thursday, for the first time, the man with the tallest recorded height in the world and the shortest man in the world met at an event in London, where they posed for photos and stretche…
Gene test may identify kidney transplant rejection
Gene test may identify kidney transplant rejection
U.S. researchers said Tuesday they have developed a potential gene test for identifying acute rejection in kidney transplant patients, a finding that could eventually replace the need for biopsies. Acute rejection after kidney transplantation occurs in about 15 percent to 20 percent of patients, …
[Meet nature in Montana-1]
[Meet nature in Montana-1]
Glacier National Park is one of the nature wonders in North America [Photo=Sungwook Choi] Glacier National Park is a national park located in the Montana on the Canada-US border. The park is huge enough. It encompasses over 1 million acres and there are over 13…
Great USA-10
Great USA-10
People are watching professional women's soccer match at Portland soccer stadium, Oregon [Photo=Sungwook Choi] Sports Paradise In the US, sports is a key part of their lives. People can enjoy any sports as much as they want. People can watch sports games whatever they want such as…
[Meet nature in Oregon-21]
[Meet nature in Oregon-21]
Hug Point State Park, Oregon [Photo=Sungwook Choi] Hug Point State Park is another hidden gem in Oregon. It is just 8km south of Cannon Beach along US route 101. Cannon Beach is well known place for many people and …
Great USA-9
Great USA-9
US golf course [Photo=Sungwook Choi] Golf as leisure sports in the US Golf is one of the popular sports across all ages and genders in the US. Part of the reason is that there are plenty of golf courses across the country. Moreover, it is not…
[Meet nature in Canada-1]
[Meet nature in Canada-1]
Beautiful Waterton Lakes National Park in Alberta, Canada [Photo=Sungwook Choi] [Waterton Lakes National Park] Waterton Lakes National Park is a national park located in the southwest of Alberta, Canada. It bord…
Great USA-8
Great USA-8
Free highway in the US...This is I-84 which connects Oregon and Idaho/Utah [Photo=Sungwook Choi] In the US, one of the popular family vacations is road trip. They just pack their stuff and hit the road. It is possible because the country is big enough and there are a lot of things …
[Meet nature in Utah-1]
[Meet nature in Utah-1]
Entrance to Capitol Reef [Photo=Sungwook Choi] Utah is one of the 'wonderlands' in the United States. It has many famous natural parks such as Arches, Zion and Canyonlands. The number …
[Meet nature in Oregon-20]
[Meet nature in Oregon-20]
[Photo=Sungwook Choi] Just before sunrise in Central Oregon [Photo=Sungwook Choi] Central Oregon also has a lot of beautiful places. The cascade Lakes Scenic Byway is one of the most famous ones. This is the road which connect…

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