Friday, October 4, 2013
Samsung makes business history
Samsung Electronics exceeded 10 trillion won ($9.35 billion) in operating profit in the third quarter, the first time a Korean company has done so, despite the company’s concern over a fast-maturing global smartphone market and sluggish sales of home appliances, especially high-end TVs.
Solid performance in the IT and mobile communications (IM) sector, in particular in low-end mobile phone markets, is widely credited with helping Samsung beat expectations.
In the guidance released yesterday, the tech giant said it recorded 10.1 trillion won in operating profit for the quarter ending Sept. 30, an increase of 5.98 percent from the previous quarter and 25.3 percent year-on-year. Samsung’s second-quarter performance had been a company record.
http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2978445&cloc=joongangdaily|home|newslist1
Solid performance in the IT and mobile communications (IM) sector, in particular in low-end mobile phone markets, is widely credited with helping Samsung beat expectations.
In the guidance released yesterday, the tech giant said it recorded 10.1 trillion won in operating profit for the quarter ending Sept. 30, an increase of 5.98 percent from the previous quarter and 25.3 percent year-on-year. Samsung’s second-quarter performance had been a company record.
http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2978445&cloc=joongangdaily|home|newslist1
1902 Japanese Documents Say Dokdo Is Korean
An official Japanese document from 1902 recognizes Korea's sovereignty over Dokdo, three years before Japan's Shimane Prefecture forcefully incorporated the islets.
The document, which was submitted to the Japanese government by the Japanese Consulate in Busan in May 1902, refers to Dokdo as "Liancourt Rocks" and Ulleung Island as the "main island" of Dokdo. It was found in the diplomatic archives of the Japanese Foreign Ministry by Park Byung-sup, a Korean-Japanese expert in history.
Yuji Hosaka, a Dokdo expert at Sejong University and a naturalized Korean citizen, received the document from Park and showed it to the Chosun Ilbo on Sunday.
A section entitled "Fisheries Status" in the document states that there are "three small islands around 5 nautical miles directly east of" Ulleung. It says they are the so-called Liancourt Rocks, but "mainlanders (Japanese) refer to them as Pine Island."
It adds that Japanese fishermen venture to Dokdo to catch abalone but cannot stay long due to a lack of potable water there.
Japan has so far claimed that Shimane Prefecture incorporated Dokdo, which was no man's land, in 1905. But Shin Yong-ha at University of Ulsan said, "In 1900, the Korean Empire officially proclaimed Ulleng Island, the main island, and Jukdo and Seokdo (Dokdo), small islets near it, as part of Korean territory." Shin added the 1902 Japanese document also refers to Ulleung Island as main island and Dokdo as attached to it, demonstrating that Japan indirectly recognized them as part of Korea.
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