Today in Korean history (May 12)
May 12, 2017
•1932 -- A group of 60 students from Gyeongseong School are arrested for distributing manifestos appealing to their classmates to fight against the Japanese colonialists. Japan colonized the Korean Peninsula from 1910-45.

•1956 -- HLKZ-TV, the first South Korean television station, has a test broadcast.

•1997 -- LG Chemical Co. signs a global development and commercialization agreement with U.S. pharmaceutical company SmithKline Beecham for LG Chemical's LB20304a, a kind of antibiotic.

•1998 -- Keopyung Group subsidiaries Keopyung Corp., Keopyung Construction and Keopyung Fashion are declared bankrupt by the group's main creditor, Chohung Bank.

•2006 -- South Korean prosecutors confirm that stem cell scientist Hwang Woo-suk's claims of having cloned human stem cells and developed patient-specific stem cells were fraudulent.

•2011 -- Samsung Electronics Co., the world's top maker of computer memory chips, starts mass production of new NAND flash chips that can transmit data at a faster speed than any other NAND flash available in the market.

Featuring a 64-gigabit density, the new NAND flash chip transmits data at a bandwidth of up to 400 megabits per second (Mbps), about 10 times faster than the most widely used NAND flash memory in the market, according to Samsung.

•2013 -- South Korea's presidential chief of staff, Huh Tae-yeol, apologizes over sex abuse allegations involving a fired spokesman, calling the case "unconditionally wrong" and "very shameful." It was the latest apology from senior presidential officials over allegations that the former spokesman, Yoon Chang-jung, sexually abused his temporarily hired secretary in her early 20s, while accompanying President Park Geun-hye on her first visit to Washington.

Source:Yonhap News

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