Most Popular
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Korea’s homegrown nanosatellite successfully launches into space
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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Nicaragua shuts down Seoul embassy
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Hybe's multilabel system tested amid conflict with Ador
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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SNU profs to suspend treatment for one day
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SK hynix pledges W20tr to ramp up DRAM production at home
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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Pianist Cho Seong-Jin named Berlin Philharmonic's artist-in-residence
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Samsung to inject 2.5 trillion won into memory chip plant
[THE INVESTOR] Samsung Electronics plans to inject an additional up to 2.5 trillion won ($2.1 billion) to beef up memory chip productions at its plant in Hwaseong, Gyeonggi Province, the Electronic Times reported on June 14. With the new investment plan, the Korean tech giant aims to strengthen its leadership in the soaring memory chip market. According to the newspaper, the funding will be used to produce a monthly 40,000 3D NAND Flash memory chip wafers. The plant is expected to start operati
June 14, 2016
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Shareholder actions affect Samsung SDS’ asset divest plan
[THE INVESTOR] Samsung SDS, a key information and technology arm of Samsung Group, is likely to choose a split-off rather than a spin-off to reorganize its lucrative business process outsourcing business unit, which is aimed at easing opposition of minority shareholders, according to market watchers on Monday. “Facing a growing number of activist shareholders, the Samsung unit is likely to choose a split-off to minimize the impact of its asset divest plan on its share price,” HI Investment & Sec
June 14, 2016
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Samsung apologizes for online glitch
[THE INVESTOR] Samsung Electronics has apologized to customers for technical glitches during the online sales of its Galaxy S7 edge Injustice Edition, or as it is often dubbed -- the Batman phone. Soon after the phone went on sale online at 10 a.m. on June 13, around 1,300 orders -- 300 more than the number of smartphones available for sale -- were allowed to be made, due to systemic errors on the website.Samsung Electronics` Galaxy S7 edge Injustice Edition.“If the additional 300 consumers stil
June 14, 2016
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Samsung SDI to improve profitability in Q2 on EV batteries
[THE INVESTOR] Samsung SDI, which saw a whopping 700 billion won ($600 million) in operating losses in the first quarter, is expected to improve profitability in the second quarter, largely buoyed by growing demand for automotive batteries. On June 14, Kiwoom Securities estimated that the company’s operating loss could be reduced to stand at about 33.9 billion won for the April-June period. “As marketability is improving in the electric vehicle market, Samsung SDI’s battery business is also expe
June 14, 2016
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SKT commercializes next-gen streaming tech
[THE INVESTOR] Network operator SK Telecom has begun using the real-time mobile streaming technology “T Live Streaming” in its sports channel, in a bid to reduce latency, the company said on June 14.The T Live Streaming service is an improved model compared to other existing media transmission technologies such as “HTTP Live Streaming,” and “MPEG-2 Transport Streaming,” both of which have been widely-used standards for the past two decades.The next-generation streaming technology reduces latency
June 14, 2016
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Samsung Electronics one of top 10 advertisers in 2015
[THE INVESTOR] South Korean tech giant Samsung Electronics was the largest advertiser in the country, a report showed on June 14.Samsung, along with Hyundai Motor, LG Electronics and the top three mobile carriers -- SK Telecom, KT and LG Uplus, were among the top 10 advertisers last year, according to Korea Advertisers Association. The main building of Samsung Electronics in Seoul.The country was also the sixth-largest spender among Organization of Economic Cooperation and Development countries
June 14, 2016
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Naver, LINE execs likely to benefit most from IPO
[THE INVESTOR] The much-anticipated initial public offering of mobile messenger firm LINE Corp. will not only increase the corporate value of the firm, but also be a great financial boon for top executives of the mobile messenger firm, industry watchers said. Among stock options granted to the firm’s executives, since 2012, 25.6 million shares -- or 14.6 percent of entire shares -- have not been unexercised.Line chief global officer Shin Joong-ho. YonhapConsidering the anticipated offering price
June 14, 2016
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[Executive Review] DJI's Phantom 4 drone elegant, sophisticated
The Phantom 4 is the newest drone model by Chinese tech firm DJI. It is based on the DJI’s classic Quadro-Copter design of the Phantom series, with an X-shaped body, four propellers and a high-end camera mounted in a gimbal within a robust landing gear below the main body. Compared to the previous model Phantom 3, the body is streamlined. It has no edges or openings and the base plate of the gimbal with the SD card slot is integrated into the main body. The downward-looking sensors are integrate
June 14, 2016
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LG to nurture white hat hackers
[THE INVESTOR] Tech behemoth LG Electronics has rolled up its sleeves to nurture “white hat hackers,” or computer security experts. The leading electronics firm said it signed a memorandum of understanding with the Korea Information Technology Research Institute to foster security experts, on Monday at Best of Best education center, an educational institute for information technology security, in Gangnam. LG Electronics’ Min Kyung-oh (left) and Yoo Joon-sang, the president of the Korea Informati
June 14, 2016
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Samsung seeks to attract global investments
[THE INVESTOR] The fourth week of June will probably be one of the busiest weeks this year for tech giant Samsung Electronics as it is slated to hold, as well as participate in, a series of meetings and events to entice global investors.The Korean tech giant will be holding a global strategic meeting with the top executives of its global offices from June 21 to 22 at the firm’s head office in Suwon. Lee Jae-yong, vice chairman of Samsung Electronics. Around 400 to 500 chiefs and executives of Sa
June 14, 2016
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[EXECUTIVE REVIEW] Merck Korea CEO flies DJI’s Phantom 4 drone
[THE INVESTOR] The Phantom 4 is the newest drone model by Chinese tech firm DJI. It is based on the DJI’s classic Quadro-Copter design of the Phantom series, with an X-shaped body, four propellers and a high-end camera mounted in a gimbal within a robust landing gear below the main body. Compared to the previous model Phantom 3, the body is streamlined. It has no edges or openings and the base plate of the gimbal with the SD card slot is integrated into the main body. The downward-looking sensor
June 14, 2016
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Samsung Galaxy S8 likely to come with 4K UHD display
[THE INVESTOR] Samsung Electronics’ next flagship smartphone, tentatively dubbed Galaxy S8, is likely to come with a 5.5-inch, 4K UHD display, a market research firm said Wednesday. The Korean tech giant would become the first smartphone-maker to pack 4K resolution into its flagship smartphone, even though Sony last year released the Z5 Premium with such a panel. “Samsung Display showcased a 5.5 ultra-high definition 4K display with a pixel density of 806 ppi for virtual reality devices at the
June 13, 2016
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Samsung Display doubles OLED shipments in Q1
[THE INVESTOR] Samsung Display’s shipments of organic-light emitting diode panels have more than doubled over the past year, as global smartphone manufacturers, including those in China, are increasingly adopting OLED displays. UBI Research, a local market research firm that specializes in OLED, estimates that Samsung’s OLED shipments have soared to about 86.7 million units in the first three months of this year. The research results were obtained by The Investor, an online English business webs
June 13, 2016
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Gov't poured 18.9 tln won in R&D in 2015: ministry
The South Korean government invested a total of 18.9 trillion won ($16.5 billion) in research and development in 2015, up 7 percent from a year earlier, an official tally showed Monday.The government supported 54,433 tasks in 639 projects nationwide, according to the Ministry of Science, ICT and Future Planning.It reported the data to the National Science & Technology Council.Ministry officials pointed out that the 7-percent on-year increase in R&D spending is higher than the 5.7-percent hike in
June 13, 2016
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Line’s IPO might burden Naver: analysts
[THE INVESTOR] July’s stock debut of Tokyo-based Line Corp., the mobile messenger platform owned by Korean portal Naver Corp., could be a burden for the tech giant initially, market watchers say, but it would likely benefit Naver’s share price down the road. Line on Friday announced that it is seeking to sell 35 million new shares through its initial public offering, raising as much as 113 billion yen ($1.06 billion). The new shares, which will be offered at 2,800 yen per share, will begin tradi
June 13, 2016
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Number of blood donors jumps nearly 20% over 4 yrs
The number of blood donors in South Korea jumped nearly 20 percent over the past four years on the back of the rising participation of teenagers and twenty-somethings, the health ministry said Monday.About 3.08 million people donated blood last year, up 17.8 percent from 2.61 million tallied in 2011, according to the Ministry of Health and Welfare.Out of the total contributors, 1.33 million people, or 43 percent, were in their 20s and 1.05 million, or 34 percent, were teens.Those in their 30s ac
June 13, 2016
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[Exclusive] Samsung Display doubles OLED shipments in Q1
[THE INVESTOR] Samsung Display’s shipments of organic-light emitting diode panels have more than doubled over the past year, as global smartphone manufacturers, including those in China, are increasingly adopting OLED displays. UBI Research, a local market research firm that specializes in OLED, estimates that Samsung’s OLED shipments have soared to about 86.7 million units in the first three months of this year. The research results were obtained exclusively by The Investor. Over the same perio
June 13, 2016
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Samsung Electro-Mechanics to launch IC packaging business
[THE INVESTOR] Samsung Electro-Mechanics, an electronic parts affiliate of Samsung Group, is preparing to dive into the integrated circuit packaging industry, according to news reports on Monday.Joining hands with Samsung Electronics, a chip maker, the electronic components firm will likely plan to win new supply contracts of chips for smartphone makers, including U.S.-based Apple. Workers at Samsung Electronics’ chip assembly line in Xian, China, pose with the firm’s NAND flash memory wafer. (S
June 13, 2016
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Samsung SDS faces fierce opposition over split-off plan
A group of small investors intend to pay another visit to the head office of Samsung SDS, an information solutions business arm of Samsung Group, to protest the company’s planned split-off of its logistics solution business.Samsung SDS Small Investors’ Group said Monday that it would visit the firm on Tuesday afternoon to express its objection toward the proposed split-off plan.A man passes by Samsung SDS’ head office in Seoul. (Yonhap)“During the previous visit to the company, a Samsung SDS exe
June 13, 2016
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8 Chinese firms among top 12 smartphone makers in Q1: data
Eight of the world's top 12 smartphone vendors were Chinese brands, while market leader Samsung Electronics Co. and No. 2 Apple Inc. suffered a slight decline in their market shares in the first quarter of the year, industry data showed Monday.The South Korean tech giant sold 81.5 million smartphone units around the globe in the January-March period, according to the data compiled by the industry tracker IC Insights.Its archrival Apple sold 51.6 million units during the cited period, the data sh
June 13, 2016