What's Up Korea?

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Tuesday, September 12, 2006

Local paper headlines _ September 12

1. Chosun Ilbo

- A poll on 611 adults conducted by Chosun Ilbo and Korea Gallop points that two thirds of the respondents oppose to Korean military’s independent wartime command control. 66.3 per cent said the current government plan made security condition more unstable while 29.4 per cent approved the plan on the ground of sovereignty and self-defense. 71.3 per cent of people think security condition would deteriorate if Korea takes independent control.

- A group of 30,000 pastors and priests issued a statement against the transfer a day after police officers showed their strong opposition to the plan by releasing the statement.

- Hwang Chang-gyu, president of Samsung Electronics’ chip division, revealed that the company developed the world’s first 32-gigabit NAND flash memory chip at a press conference yesterday. Along with the innovative technology, the company also introduced the world’s first CTF (Charge Trap Flash) technology, which allows insulators to be used in the development for semiconductor.

- Korea’s CBS plans to have its own independent newspaper as early as October. The Korean Association of Newspapers said the broadcast station should suspend its plan until the revision of the controversial Newspaper Act is finalized. Under the Newspaper Act, the controlling shareholder can own up to half of newspaper company shares while the Broadcast Act strictly prohibits a newspaper’s holding a single share in a broadcasting station.

2. Maeil Business Daily

- Hwang Chang-gyu, president of Samsung Electronics’ chip division, proudly said “except for creativity and the time with your family, you can leave all your works at flash memory,” and “this year marks the first year of the ‘Flashtopia’ era.

-The National Tripartite Commission decided to postpone the implementation of the most hot-button issue for another three years. The issues include clauses that drop full-time union officials from company payroll and permit multiple trade unions at a single company. The two clauses have been first brought up in 1997 and postponed ever since amid harsh opposition from labor.

- From the end of this month, when buying a house worth more than W600 m, people living in the designated areas where any house transaction should be reported are required to summit a document on how to prepare the money to buy a house.

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