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May 24, 2019 Technology

Exit Daejeon announces W14.2b startup funding agreement

DAEJEON -- Startups from across South Korea, global startup community leaders and representatives of Daejeon Metropolitan City flocked to Daejeon Convention Center Thursday to mark the end of the three-day Exit Daejeon 2019 event. Located some 140 kilometers south of Seoul, Daejeon served as a venue where local startups were given an opportunity for more international exposure. In the meantime, global startup community organizers like Slush and Junction, as well as early-stage startup investors

Naver chooses 4 Asian countries as outposts for V Live service expansion

Vietnam, Indonesia, Thailand and Japan become 'strategic countries' for Naver to expand its K-pop livestreaming service

May 23, 2019
Technology
Seoul to become first global city to use 5G network in public transit

SK Telecom and Seoul city government agree to develop 5G-based map for self-driving cars

May 23, 2019
Technology
Samsung to gain in short term from Trump-Huawei standoff: analysts

Samsung expected to benefit in short-term

May 23, 2019
Technology
European nations pitch to attract Korean startups at EXIT Daejeon 2019

European countries pitched to attract South Korean startups during an event held at the Global Startup Festival Daejeon 2019 on Wednesday. During a sideline event called Startup Talk Concert with Foreign Embassies, officials from Finland, the Netherlands and Australia said their governments and private sector are putting a lot of efforts to nurture domestic and overseas startups. “The Australian government is putting more emphasis on startups as the country shifts from coal and mining to renewab

May 22, 2019
Technology
QLED TV leads growth of global TV market in Q1

Quantum-dot light-emitting diode TVs led growth in the world’s premium TV market in the first quarter of this year, in contrast to organic light-emitting diode TVs, according to market data on Wednesday. Data compiled by IHS Markit showed that a total of 912,000 QLED TVs were sold in the January to March period, increasing 2.5-fold from 367,000 units in the same period last year. Samsung Electronics spearheaded growth in QLED TVs by selling 896,000 units, a threefold increase from a year earlier

May 23, 2019
Technology
[Herald Interview] The Shortcut to train talent from diverse backgrounds

DAEJEON -- Established in January, 2016, The Shortcut, a community-based Finnish organization, has been offering pro-bono training programs for people with diverse backgrounds, including refugees, immigrants, and multicultural youth, to help them get a breakthrough in the technology sector.While nurturing people to have skill sets, the organization also helps quench the thirst for skilled personnel in the startup world. “What we do is accelerate people from diverse backgrounds to think of their

May 22, 2019
Technology
Samsung introduces video AS service

Samsung Electronics Service, an after-sales subsidiary of Samsung Electronics, said Tuesday it will introduce a video consultation service for customers who experience problems. When customers contact, a text message with a link to the video system will be sent. It will connect customers with service engineers, allowing them to show problematic parts of their products directly to the engineers. (Samsung Electronics)“The service will help customers explain better the problems they face, while sa

May 22, 2019
Technology
Global startup community leaders take Daejeon by storm

DAEJEON -- All eyes are on Daejeon, South Korea’s fifth-largest metropolitan city, as it moves to put together leaders of the global startup community through Exit Daejeon 2019.The three-day conference, also known as Global Startup Festival Daejeon, kicked off at 2 p.m. Tuesday at the Daejeon Convention Center, hosting some 300 participants in this city some 140 kilometers south of Seoul.“Here in Daejeon, we have a wonderful set of communities already in place with the best universities based in

May 22, 2019
Technology
[Newsmaker] Tada takes center stage in carpooling service dispute

Concerns rise over ‘mutual destruction’ between taxi industry and ride-hailing services

May 20, 2019
Technology
[EXIT DAEJEON 2019] Chaebol to play key role in hardware renaissance: HAX founder

Cyril Ebersweiler, the founder and managing director of hardware accelerator HAX, is out to create a startup-driven hardware renaissance. And in his view, Korea has much potential. “We’ve been quite familiar with the Korean ecosystem and did a few investments there. I think it’s one of the most dynamic ecosystems in the world, and it is doing better than some of its Asia counterparts, while providing a decent market locally for Korean companies as well as quality manufacturing,” said Ebersweiler

May 20, 2019
Technology
KT to enhance partnership with Russia’s biggest telco

　Major South Korean mobile carrier KT said Sunday it has discussed business cooperation with Russia’s biggest telecom firm, Mobile TeleSystems, to boost their partnership in the fifth-generation cellular network. 　KT’s chief Hwang Chang-gyu met with MTS Group CEO Alexey Kornya on Friday at KT’s headquarters in downtown Seoul. MTS is the largest mobile operator in Russia, with more than 100 million subscribers in Russia and neighboring countries. KT’s chief Hwang Chang-gyu(left) shakes hands wit

May 19, 2019
Technology
Market surprised by popularity of LG’s first 5G smartphone

Industry watchers attribute V50 ThinQ’s soaring sales to “overheated” 5G competition among mobile carriers.

May 19, 2019
Technology
[EXIT DAEJEON 2019] Junction seeks more exposure in world’s most wired country

Junction, a Finnish nonprofit organization that has successfully organized world-leading hackathons in Europe since 2015, hopes to expand its presence in Korea.As a part of this process, the Junction former Head of Global Operations Antti Hammainen will be visiting Korea and participate in EXIT Daejeon 2019, global startup event that will be held at Daejeon Convention Center from May 21 to 23. More details on the event are available at http://www.startup-exit.com.Junction former Head of Global O

May 19, 2019
Technology
[EXIT DAEJEON 2019] Startup’s success depends on team: Slush exec

All over the world, countless startups come and go. For investors, this means it has become tougher to pick the right one.According to Moaffak Ahmed, a Finnish serial entrepreneur and early-stage investor, team dynamics usually provide a good gauge in the early days of a startup.Slush board member Moaffak Ahmed“In the very early stage, when there are little or no metrics and evidence about business success, it’s really mostly about the team,” Ahmed said in an email interview with The Investor. “

May 19, 2019
Technology

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Yang Sung-jin
Tel : 02.727.0114