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  • Setting the standard

    Budget airlines have transformed the way people in Asia think about travel. Corporations have even become accustomed to using these airlines for company travel. But Asia's budget airline growth over the past decade has also been exceptional in

    May 15, 2014 12:00 am JST
  • Japanese steel giant takes quest for new materials down to the atom

    TOKYO -- Nippon Steel & Sumitomo Metal is taking its quest for next-generation materials to the atomic level. The Japanese steelmaker plans this summer to install the latest three-dimensional atom probe, or 3DAP, at its Research & Engineering Center

    May 15, 2014 12:00 am JST
  • South Korea's Lotte Chemical building up global production muscle

    TOKYO -- Lotte Chemical of South Korea is revamping its production infrastructure to enhance its cost competitiveness at home and abroad. The company will in 2018 start producing shale gas-derived ethane in the U.S. state of Louisiana through a

    May 14, 2014 07:00 pm JST
  • LG Display joins the OLED wars

    SEOUL -- LG Electronics is poised to get a leg up on its rival Samsung Electronics after an important breakthrough in tackling an OLED television production problem that has plagued its cross-town competitor as well as the competition in Japan.

    May 14, 2014 01:00 pm JST
  • Manufacturers turning away from OLED TVs

    TOKYO -- OLED televisions, which once held promise as the mainstream successor to LCD TVs, are losing favor among manufacturers as high costs take their toll and models using liquid crystal displays decline in price and improve in quality. Panas

    May 14, 2014 06:04 am JST
  • Samsung revamping group companies' investment ties

    SEOUL -- The Samsung group is shaking up the web of cross-shareholdings that tie its affiliated companies together, a move widely seen as preparation for a changing of the guard at core member Samsung Electronics. Samsung Life Insurance bought u

    May 13, 2014 12:43 am JST
  • South Korean couples-only app bets on power of suggestion

    TOKYO -- South Korean information-technology startup VCNC is hoping to turn its app for couples into a rich source of global advertising revenue. On Monday, the company began running ads for fashion goods and accessories on Between, its members-

    May 12, 2014 07:00 pm JST
  • Samsung chairman undergoes surgery after heart attack

    SEOUL -- The 72-year-old chairman of Samsung Electronics has been hospitalized following a heart attack but is heading toward recovery. Lee Kun-hee, the third son of Samsung founder Lee Byung-chull, had trouble breathing late Saturday at his hom

    May 12, 2014 02:49 am JST
  • Japan's Keio University plans all-English courses

    TOKYO -- Japan's Keio University will in fall 2016 enable students in the economics department to take all classes in English. Students will be able to take a wide range of business-related courses, and serve internships at numerous companies an

    May 10, 2014 07:00 am JST
  • Samsung fires up flash memory plant in China

    SEOUL -- Samsung Electronics has launched a factory in China to produce NAND flash memory that uses cutting-edge 3-D technology, aiming to more flexibly supply key components to the country's many information technology production facilities. Th

    May 9, 2014 11:51 pm JST
  • KOTRA to help Japan companies hire South Korean graduates

    TOKYO -- Korea Trade-Investment Promotion Agency (KOTRA), a South Korean government organization, says it will support Japanese companies looking to hire South Korean university graduates. KOTRA plans to introduce South Korean students with a hi

    May 9, 2014 12:30 pm JST
  • Sony beats Samsung to rank 2nd on attractive-employer list

    TOKYO -- Sony has been named the second-most attractive company to work for in a 2014 global survey conducted by Dutch staffing company Randstad Holding, receiving high marks for offering interesting job experience. German automaker BMW took the

    May 8, 2014 12:10 am JST
  • Samsung taps lower-end handsets for growth

    SEOUL -- Samsung Electronics is expanding its lineup of medium and low-end handsets to shore up its smartphone operations in light of rapid advances by Chinese manufacturers. Samsung on April 29 reported a group operating profit of 8.48 trillion

    May 8, 2014 12:00 am JST
  • Ship dispute anchored in foggy realm of war reparations

    TOKYO -- A row over China's seizure of a Japanese cargo ship, linked to claims dating back to the 1930s, has been settled for now. The vessel's operator, Mitsui O.S.K. Lines, paid a Chinese court to free the vessel. But there are some unanswered que

    May 8, 2014 12:00 am JST
  • Outlet malls outshining department stores in South Korea

    SEOUL -- Outlet malls are catching on in South Korea as pricey department stores struggle to hold on to customers. South Korea's two leading retail groups, Shinsegae and Lotte, have both been expanding their outlet mall operations since 2007. Lo

    May 7, 2014 01:00 pm JST
  • Cool heads needed to warm Japan's ties with China, South Korea

    TOKYO -- Anger and frustration often hinder the ability to see things rationally. When people fight with each other, they tend to look down on their opponent or wish ill for the other party. If this animosity is between two countries, it can cau

    May 7, 2014 01:00 pm JST
  • Putin tries his own Asian pivot -- toward North Korea

    MOSCOW -- Russia is seeking closer economic ties with North Korea in an effort to develop its backward Far East and counter America's strategic shift toward Asia. Deputy Prime Minister Yury Trutnev traveled to Pyongyang last week, becoming the h

    May 6, 2014 07:00 am JST
  • Samsung hits the pause button on OLED TVs

    SEOUL -- Samsung Electronics has abandoned plans for a new facility to manufacture next-generation display panels for televisions, deterred by the inefficiency of production amid intense price competition in the TV market. An OLED TV forms a pic

    May 6, 2014 01:30 am JST
  • US jury says Samsung must pay Apple $119 million

    SAN JOSE, Calif. -- A district court jury in California on Friday found Samsung Electronics guilty of patent infringement against Apple, ordering Samsung to pay Apple $119 million in compensation. The U.S. tech giant had originally demanded $2.2 bil

    May 4, 2014 01:00 am JST
  • Japan fighters scramble more to see off Chinese, Russians

    TOKYO -- Tensions are growing over Japanese airspace, with the number of scrambles by Japan Air Self-Defense Force fighters to intercept intruders rising to a 24-year high in fiscal 2013. JASDF fighters were scrambled 810 times, or 2.2 times per

    May 3, 2014 01:00 pm JST