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ZOIT launches IoT-enabled fitness bike in Beijing

Health care startup ZOIT announced Friday that it recently signed a business collaboration contract with its Chinese partner company PURE SPORTS, and released its new, independently developed fitness ...

Updated : 2017.04.28 18:04

Mobile carriers see modest growth in Q1, explore non-telecom sector

South Korea’s three mobile carriers posted moderate growth in their earnings in the first quarter of this year, but they seek steeper growth by shifting from their traditional mobile communications b...

Updated : 2017.04.28 15:59

Fin2B opens accounts receivable discount platform

Fintech startup Fin2B on Thursday announced that it has opened an accounts receivable discount platform, serving as a supply chain finance solution, and is moving beyond the domestic market to enter t...

Updated : 2017.04.27 17:37

LG Electronics’ operating profit jumps 82 percent in Q1

LG Electronics on Thursday said its operating profit jumped 83 percent in the first quarter of this year from a year earlier, on the back of strong home appliance business. The South Korean electronic...

Updated : 2017.04.27 16:51

Naver’s operating profit rises 13 percent in Q1

South Korean internet giant Naver said Thursday that its operating profit in the first quarter of this year rose 13.2 percent on-year to 290.8 billion won ($257 million), led by strong advertisement s...

Updated : 2017.04.27 15:43

LG Chem receives energy storage award in N. America

Battery producer LG Chem said Thursday it has been recognized as the most outstanding energy storage system maker in North America. The South Korean company received the Brad Roberts Outstanding Indus...

Updated : 2017.04.27 14:30

Galaxy S8 display not faulty: Samsung

Samsung Electronics Co. on Thursday ruled out speculation that Galaxy S8 smartphones have faulty displays, claiming the controversial red tint on some devices can be changed by users.During a conferen...

Updated : 2017.04.27 14:14

Samsung cancels W49tr treasury shares

Samsung Electronics’ board of directors on Thursday approved plans to cancel about 49 trillion won ($43.3 billion) worth of treasury shares as part of efforts to raise value for shareholders, the com...

Updated : 2017.04.27 13:50

Air conditioner sales rise sharply amid early high temperatures: sources

Sales of air conditioners and electric fans rose sharply this month from a year earlier, industry sources said Thursday, amid above-average temperatures that can be a sign of a hot summer to come.Lott...

Updated : 2017.04.27 10:12

[Herald Interview] Nexon eyes innovation with ‘crazy experiments’

Nexon will continue to commit to developing new digital games that push the boundaries of established game genres despite the risks, as the company sees innovation as an underpinning component of its...

Updated : 2017.04.26 15:33

LG upgrades AI platform for home appliances

LG Electronics on Wednesday launched an upgraded version of an artificial intelligence platform, named “Smart ThinQ Hub 2.0,” which will serve as a hub device for connecting and controlling home app...

Updated : 2017.04.26 15:29

Korea launches alliance to nurture "smart home" industry

South Korea launched an alliance of leading information and communication technology and construction firms on Wednesday to nurture the "smart home" industry that connects artificial intelligence and ...

Updated : 2017.04.26 13:18

Social robot patent applications rise sharply on AI, robotics advances: data

The application of patents for social robots that can interact and communicate with humans has risen sharply in South Korea in recent years with the advances being made in robotics and artificial inte...

Updated : 2017.04.25 16:22

Samsung’s facial recognition not ready for mobile payments

Samsung Electronics’ facial recognition technology requires more than four years to be solely used for mobile payment, a source from Samsung and industry watchers predicted on Monday. Facial recognit...

Updated : 2017.04.25 15:45

Samsung keeps top spot in US home appliance market

Samsung Electronics retained the No. 1 spot in the US home appliance market for a fourth consecutive quarter, a survey by market researcher TraQline showed Tuesday.In the quarterly survey of market sh...

Updated : 2017.04.25 15:30