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Samsung to buy back jet planes from Hanwha

Samsung Electronics’ Boeing business jet, the B737-700Samsung Group, which sold four business units to Hanwha Group in November, is considering buying back the jet planes and helicopters that are use...

Updated : 2015.01.30 21:48

Samsung posts robust chip growth

Strong sales of Apple’s iPhone 6 and Xiaomi’s low-end smartphones pushed Samsung Electronics, the world’s largest smartphone maker by sales volume, to record its weakest annual earnings in three ye...

Updated : 2015.01.29 22:29

Samsung, Apple neck-and-neck in smartphone sales

Samsung Electronics Co. and U.S.-based Apple Inc. sold the same number of smartphones in the fourth quarter of 2014, data from a market tracker showed Thursday, suggesting that the world’s biggest maker of handsets may have been outperformed by its archrival for the first time in more tha...

Updated : 2015.01.29 22:03

[Newsmaker] Nexon starts battle for control of NCSoft

A battle has begun for control of NCSoft, the nation’s second-biggest game developer, as Nexon, its largest shareholder, has officially vowed to participate in its management. Nexon, the largest onli...

Updated : 2015.01.28 22:05

Race heats up in bid to build national emergency network

A 2 trillion won ($1.84 billion) mega race has commenced as the Korean government plans to launch a new project building a nationwide emergency network based on Long Term Evolution technology ― the f...

Updated : 2015.01.28 21:48

LG CNS launches mentoring program

LG CNS employees pose at the firm’s mentoring program for new workers. (LG CNS)LG CNS, one of Korea’s information technology solutions developers, said Wednesday that it has launched this year’s me...

Updated : 2015.01.28 21:47

Google’s super-fast U.S. Internet service spreads

Google’s super-fast Internet service ― up to 100 times quicker than basic broadband ― is heading for four more U.S. metropolitan areas as the technology titan ramps up pressure on cable service giants.A Google Fiber program launched nearly five years ago will expand to 18 cities in the ...

Updated : 2015.01.28 21:45

China accuses Alibaba of lax oversight of merchants

Alibaba Group Holding Ltd. has a “credibility crisis” fueled by its failure to crack down on shady merchants, counterfeit goods, bribery and misleading promotions in online malls, the Chinese government said.The scathing report by the State Administration for Industry & Commerce accused ...

Updated : 2015.01.28 21:45

Struggling Naver renews its mobile shopping platform

Internet giant Naver, which is struggling to catch up in mobile businesses on its home turf, said Wednesday that it would push to secure its footing in the realm.“As many already know, and some stati...

Updated : 2015.01.27 21:05

Samsung to benefit from Qualcomm’s overheating fiasco

Samsung Electronics, which aims to become a powerhouse in the global mobile chip market, is likely to become the biggest beneficiary of the escalating overheating fiasco of its key supplier Qualcomm, industry watchers said Monday.“The latest thermal issues involving its competitor’s prod...

Updated : 2015.01.26 21:24

KT chairman seeks year of consolidation

KT chairman and CEO Hwang Chang-gyu said Monday that the company would be seeking consolidation this year after having launched a slew of new businesses in recent years. “The results of our new growt...

Updated : 2015.01.26 21:23

Samsung SDI Q4 loss widens on costs from merger

Samsung SDI, a South Korean battery and chemical materials maker, said Monday its fourth-quarter loss sharply increased from the previous quarter mainly due to increased costs from the July merger with a part of its affiliate.Net loss for the October-December period reached 129 billion won...

Updated : 2015.01.26 20:08

[Graphic News] Apple gains an edge on Samsung

Apple is rapidly catching up with Samsung Electronics in South Korea’s smartphone market, following the launch of the U.S. tech company’s iPhone 6 and iPhone 6 Plus in the country in November last y...

Updated : 2015.01.25 21:35

‘Oracle set to lead cloud market’

Software powerhouse Oracle has recently been turning to cloud computing businesses to meet the rising demand for services available over the Web. Mark Hurd, Oracle’s cochief executive, expressed stro...

Updated : 2015.01.25 21:14

Appeals court upholds decision blaming Samsung over leukemia death

A Seoul appeals court has upheld a ruling by a lower court that South Korean tech giant Samsung Electronics is to blame for the leukemia death of one of its former employees at a chip-making facility, a court official said Sunday.In 2013, the Seoul Administrative Court recognized as an ind...

Updated : 2015.01.25 20:51