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Today Technology

Trump hints at tariff exemptions for Apple, citing Samsung

Chances are good that the United States may exempt Apple from China tariffs, with President Donald Trump citing competition from Samsung for the local smartphone market, news reports suggested Thursday. During his Wednesday visit to Apple’s laptop manufacturing facility in Austin, Texas, Trump hinted at the need to adjust tariffs for Apple amid lagging trade talks between the US and China. “The problem we have is Samsung is a great company but is a competitor of Apple,” Trump s

With Samsung’s lead, Korean TV makers dominate global market

South Korean manufacturers claimed nearly half of the global TV market as of the third quarter of this year with Samsung Electronics’ solid lead in the large premium TV segment, according to market data on Wednesday. Recent data from market researcher IHS Markit showed that Samsung and LG accounted for a combined 46.2 percent of the global market in terms of sales value in the third quarter. The combined share of the two Korean TV makers stood at 48.1 percent in the second quarter. Samsung

Nov 20, 2019
Technology
Samsung SDI pledges to reduce wage gap with contractors

Samsung SDI said Wednesday it will help reduce the wage gap between the company and its contractors as part of efforts to seek co-prosperity. South Korea’s leading lithium-ion battery maker, an affiliate of Samsung Electronics, will run a 132.2 billion won ($113 million) worth program to support its contractors to increase wages of their employees. It has signed a trilateral agreement for this with suppliers and Korea Commission for Corporate Partnership. “Through the agreement

Nov 20, 2019
Technology
Moon’s top policy aide urges businesses to embrace ‘labor-friendly’ initiatives

President Moon Jae-in’s top policy aide urged business leaders on Wednesday to support a government bill drafted to expand the scope of the 52-hour-week system, amid growing concerns that the administration’s policies are imposing a financial burden on them.“The government will continue to advocate labor rights. Such a policy stance won’t change,” said Kim Sang-jo, chief policy secretary for the president, at a meeting with members of Korea Employers’ Federati

Nov 20, 2019
Technology
Samsung, LG ramp up outsourcing of smartphone models

Expansion of third-party phone production viewed as part of Samsung’s biz restructuring in China

Nov 19, 2019
Technology
Samsung helps 200 students land software jobs

Around 200 students who have received training at Samsung Software Academy for Youth since December last year landed jobs in the software sector, the South Korean tech giant said Monday. Known as SAFFY, the software academy is a training institution for students who are seeking jobs in the software field. Four centers were opened in Seoul, Daejeon, Gwangju and Gumi at the end of last year as part of Samsung Electronics’ plan to support the country’s software talent. A total of 500 jo

Nov 18, 2019
Technology
KT aims to expand 5G technology into medical sector

　South Korean mobile carrier KT has pledged to develop a virtual reality surgery platform with a local software company in a push to expand the use of the fifth-generation wireless network into the medical industry. 　According to the telecom firm on Sunday, it had signed a strategic partnership with Coreline Soft to integrate the 5G network into medical surgery. The signing ceremony was held Thursday at KT’s research center located in Seoul. 　The memorandum of understanding included cooper

Nov 17, 2019
Technology
Japan OKs 1st shipment of liquid hydrogen fluoride to S. Korea amid restrictions

Japan has approved the first export of liquid hydrogen fluoride, one of the key materials under restriction to South Korea, to the neighboring country since it tightened related controls in July, industry sources said Saturday.Tokyo has recently given the green light to a Japanese firm to export liquid hydrogen fluoride to South Korea in the first such case since Tokyo imposed tighter regulations on exports to Seoul of materials that are critical for the production of semiconductors and flexible

Nov 16, 2019
Technology
Ministry extends bidding for W120b public IT project

The South Korean government has extended the bidding deadline for a digital budget accounting system called “dBrain,” after LG CNS and its partner ITCEN decided Tuesday not to enter the race.Samsung SDS’s consortium with Daewoo Information System was the only participant in the bidding for the project worth 120 billion won ($102.7 million) to build the government’s digitalized budget accounting system. According to the Public Procurement Agency on Wednesday, the new deadl

Nov 13, 2019
Technology
Samsung Electronics’ biggest trade union to launch this week

The fourth and biggest Samsung Electronics labor union will be launched under the Federation of Korean Trade Unions this week, industry sources said Tuesday.Breaking a 50-year streak of adherence to an anti-union stance, it marks the first time that the country’s largest family-run conglomerate will allow the establishment of a union under the federation. It already has three small labor unions. Around 400 Samsung employees are rumored to have signed up for the fourth union. The company di

Nov 12, 2019
Technology
Samsung Display earns gold grade from UL for recycling

Samsung Display said Monday it has received a gold grade from Underwriters Laboratories in recognition of its efforts to recycle waste at its factory. The panel maker’s second plant in Asan, South Chungcheong Province, reached 97 percent in terms of the percentage of industrial waste recycled as of 2018. UL, a global certification organization for waste recycling with the aim of achieving zero waste to landfills, grants a silver grade to companies that reach 90 to 94 percent in recycling a

Nov 11, 2019
Technology
LG Electronics sues China’s TCL over LTE patent in Germany

LG Electronics has filed a lawsuit with two German courts against China’s phone manufacturer TCL over patent infringement, the South Korean tech giant said Sunday. In the suits filed with the district courts in Mannheim and Düsseldorf, LG claimed the Chinese vendor infringed three standard patents owned by LG in relation to 4G Long Term Evolution telecommunications on mobile devices. The three standard patents are essential to enabling LTE communications on any phone. TCL, which

Nov 10, 2019
Technology
Telecoms get conditional approval for M&As

Corrective measures imposed on SKT, LG Uplus to restrict price hikes, protect consumers

Nov 10, 2019
Technology
Doosan’s hydrogen-powered drone wins CES awards

Doosan Mobility Innovation, a subsidiary of South Korean conglomerate Doosan Group, has won two awards from the Consumer Electronics Show 2020 for its fuel cell drones that can fly uninterrupted for over two hours, the company said Sunday.DMI received best of innovation award in the category of drones and unmanned systems, for pushing the limit of drones relying on the short lifetime of rechargeable batteries. Drones powered by lithium-ion batteries can fly 20-30 minutes while DMI’s hydrog

Nov 10, 2019
Technology
Global Innovator Festa selects 46 teams with entrepreneurial potential

“The most challenging part of getting something out of startup ecosystems is getting into one, and that is 100 percent dependent on you,” said Antti Hammainen from Finland, who gave a keynote speech at this year’s Global Innovator Festa held last week in Daegu. “I mean, you just have to pick yourself up and go there. No one will come and ask you to. Start from little. If you are a young student, like I was three years ago, start from basic stuff. If you already own a star

Nov 10, 2019
Technology

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