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Tag: korean
Orascom loses control of North Korean venture Koryolink
2016-01-04 09:40:00| Telecompaper Headlines
(Telecompaper) Orascom Telecom Media and Technology has lost control of its 75 percent stake in North Korean venture Koryolink, the Wall Street Journal reported, citing a company filing in Egypt. The venture served around 3 million customers in North Korea, earning around USD 270 million before taxes and depreciation on USD 344 million in revenue in 2014.
Tags: control
north
korean
venture
South Korean Government to create $1.2bn ship investment fund
2016-01-04 01:00:00| Ship Technology
The South Korean Government has announced plans to set up a $1.2bn fund for the shipping industry which is reeling under the effect of dwindling global trade.
Tags: create
south
government
investment
Alps Energy to use Southern Companys TRIG tech for 1GW South Korean power project
2015-12-22 01:00:00| Power Technology
South Korean-based Alps Energy intends to deploy Southern Companys Transport Integrated Gasification (TRIG) technology at the 1GW Alps Energy power plant, which is being developed at the Saemangeum industry and research area in South Korea.
Tags: power
south
project
energy
UPM Raflatac website now available in Korean
2015-11-30 06:00:00| Label and Narrow Web Breaking News
Tags: website
korean
upm
raflatac
Qualcomm licensing found to violate Korean competition law
2015-11-18 09:00:00| Telecompaper Headlines
(Telecompaper) The Korea Fair Trade Commission has started an investigation into Qualcomm's licensing practices. Qualcomm said it received the Case Examiner's Report with allegations and will prepare a response. The report alleges, among other things, that Qualcomm does not properly negotiate aspects of its licences, and that its practice of licensing patents only at the device level and requiring that chip customers be licensed to its intellectual property violate Korean competition law. The report proposes remedies including modifications to certain business practices and monetary penalties. Qualcomm said the allegations in the report are "not supported by the facts and are a serious misapplication of law". Its patent licensing practices, used for almost two decades, "are lawful and pro-competitive", the company added. The group said it will mount a defense at the Commission hearings in the hope that the Commission will reject the conclusions of the Examiner's Report.
Tags: found
law
competition
korean
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