Most Popular
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Hyundai Motor eyes 80,000 jobs, W68tr investment at home by 2026
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Korea enters full election mode
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Seoul bus drivers go on general strike, cause morning rush hour delays
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Immigrant woman stabbed to death by Korean husband
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Official campaigning kicks off for April 10 elections
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Dialogue hopes fade as doctors pick hard-liner as new head
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Coupang pledges W3tr to expand Rocket Delivery nationwide by 2027
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[Election Battlefield] Political novice to face off star politician in ‘swing district’
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Court upholds jail term for man who attempted to murder ex-girlfriend
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[Herald Interview] Son Suk-ku chooses to be swayed by others in navigating life
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Sentinel to host evening yoga program
Fitness brand Sentinel is hosting an evening yoga program aimed at awakening the senses, it announced Friday. Titled “Awaken Six Senses,” the program features activities like “Chocolate Meditation” and “Mirror Game” that stimulate the senses and the subconscious. “The program features both peaceful meditation and dynamic yoga positions that will allow participants to sweat and work together, communicating and receiving energy from each other. It is a community party,” said Lachlan Winner, Senti
April 8, 2016
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[Photo News] President's visit to innovation center
PRESIDENT’S VISIT TO INNOVATION CENTER -- President Park Geun-hye (left) and LG Group chairman Koo Bon-moo look at products made by venture companies based at the Center for Creative Economy and Innovation in North Chungcheong Province, a start-up incubation center run by the conglomerate, on Friday. (Yonhap)
April 8, 2016
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[Photo News] KT, Nokia test compact base station
KT, NOKIA TEST COMPACT BASE STATON -- Executives and researchers from telecommunications firm KT and network equipment firm Nokia demonstrate a small cell base station based on the Long-Term Evolution-Wi-Fi aggregation technology for the first time in the world. The mobile network base station combines LTE and Wi-Fi signals to enable fast network communication in an efficient manner. (KT)
April 8, 2016
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Samsung SDS likely to see drop in Q1 earnings
Information technology solutions developer Samsung SDS, once considered as a key Samsung Group affiliate in the inheritance process of the conglomerate’s owner family, is struggling as it is expected to see a significant drop in earnings in the first quarter of this year. Some analysts speculated the recent struggles are largely because the hype over its role in the family inheritance has fizzled.Chung Yoo-sung, chief executive of Samsung SDS. (Samsung SDS)Its share price dropped to a record low
April 8, 2016
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[Photo News] LG HQS brightens with G5
LG HQS BRIGHTENS WITH G5 -- LG Electronics said Friday it has begun the G5 Time event, in which it turns on the lights at the firm’s head office in Seoul to depict the name of its flagship smartphone G5. The light show will run from 9 p.m. through midnight daily for the next two months. (LGE)
April 8, 2016
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Media watchdog to consult U.S. FCC over SK-CJ deal
Korea Communications Commission chairman Choi Sung-joon said Thursday he will have discussions with top officials from the U.S. communications regulator over a proposed merger of IPTV firm SK Broadband and cable TV company CJ HelloVision this month.Chairman Choi and officials from the Korean regulator are scheduled to fly to the U.S. on Feb. 17 and meet with the Federal Communications Commission officials including chairman Tom Wheeler.Choi Sung-joong, the chairman of Korea Communications Commis
April 7, 2016
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[Herald Interview] Shaping Korean start-up scene
Since its launch a decade ago, Pangyo Techno Valley in Pangyo, Gyeonggi Province, has grown to become the largest venture hub in South Korea. It houses more than 1,000 companies in different industrial categories -- ranging from information technology to biotechnology -- and employs about 70,000 people, generating 70 trillion won ($60 billion) in combined revenues last year. This accounts for more than 20 percent of the entire gross domestic product of the largest province in Korea.
April 7, 2016
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Samsung profits beat estimates thanks to Galaxy S7
Samsung Electronics performed better than expected in the first quarter, largely driven by the upbeat sales of its flagship Galaxy S7 smartphone. The Korean tech giant said Thursday in a regulatory filing that its operating profit in the first three months this year was likely 6.6 trillion won ($5.7 billion), well above the average 5.6 trillion won estimate by local analysts. Pedestrians pass a Samsung Electronics retail store in Seocho-dong, southern Seoul, on Thursday. (Yonhap)The figure is u
April 7, 2016
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Mind those extra pounds?
Let’s say you’re trying to avoid sugar. And you’re at work one morning, when someone puts out that irresistible pink box of doughnuts. (Or a bowl of chips, or whatever your weakness may be.) It’s a common scenario -- and likely pitfall -- for anyone who is trying to eat healthier. Here’s an uncommon solution from Instagram star Tiffany Cruikshank, author of the new book “Meditate Your Weight: A 21-Day Retreat to Optimize Your Metabolism and Feel Great.” “Before reaching out for the doughnut, as
April 7, 2016
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[Photo News] Ultimate stability
ULTIMATE STABILITY--Professional card stacker Bryan Berg builds a 3.3-meter-tall house of cards, the tallest of its kind built in 12 hours and a new Guinness World Record, on LG Electronics’ running front-load washing machine Centum, at an event organized by the tech giant in Seoul last month. (LGE)
April 7, 2016
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Samsung names 33 research projects to sponsor
Samsung Group on Thursday announced 33 research projects it intends to fund in the first half of this year. The group has sponsored a total of 231 research projects in basic science and material and information and communications technology fields since August 2013 as part of its efforts to help the nation secure futuristic fundamental technologies.The group plans to spend 1.5 trillion won ($1.3 billion) by 2022. This year’s list includes a study on sustainable amino acid synthesis by Seoul Nati
April 7, 2016
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Kakao in chaebol dilemma
In July last year, when President Park Geun-hye invited 17 business leaders to Cheong Wa Dae for a luncheon meeting, people within the Internet industry felt they were now living in a different world. Among the high-profile figures from conglomerates such as Samsung and Hyundai were heads of Naver and Kakao, the nation’s top two Internet companies and the most successful venture firms. President Park Geun-hye (right) listens to Kakao board chairman Kim Beom-soo on the company’s Internet-based
April 6, 2016
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Mobile motel booking firm draws W15b investment
Yanolija, a local motel booking company, has pulled fresh investment worth 15 billion won ($13 million) from investors from the U.K. and Korea, it said Wednesday.SL Investment Management of the U.K. and a Seoul-based investor, Partners Investment, have decided to invest in the motel booking business, which has been logging growth in recent years. The logo of motel booking service Yanolja (Yanolja)Established in 2007, the motel booking business posted 36.7 billion won in sales in 2015, up 82 perc
April 6, 2016
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LG Display to build OLED display module factory in Vietnam
LG Display, one of Korea’s leading display manufacturers, said Wednesday it has signed a deal with the city government of Hai Phong, the third-largest city in Vietnam, to build a display module factory there.The Korean display firm will first spend $100 million to establish a local office in the city and begin construction of the factory later this year. It will start operating the factory next year.Jeong Cheol-dong (fourth from left), LG Display chief production officer, and Le Van Thanh (fourt
April 6, 2016
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Ho-Am Prize winners named
The Ho-Am Foundation on Tuesday announced the six recipients of its annual prize, often referred to as the Korean equivalent of the Nobel Prize. The winners include: Kim Myung-sik, professor of Imperial College of London; Oh Joon-ho, professor of Korea Advanced Institute of Science and Technology; Larry Kwak, director of the Toni Stephenson Lymphoma Center at City of Hope Hospital in Los Angeles; poet Hwang Dong-kyu; and Kim Hyun-soo and Cho Soon-sil, cochairmen of Wahaha, a charitable organizat
April 5, 2016
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Global competition shows technology aids weight loss
MIAMI (AFP) - A friendly international competition to encourage exercise using pedometers and online tools was successful in helping people lose weight and improve their fitness over the course of three months, researchers said Sunday. The results of the study -- based on self-reported data from 68,000 people who participated in the virtual event known as Stepathlon -- were presented at the American College of Cardiology's annual meeting in Chicago. Stepathlon is run by a start-up company in Mum
April 5, 2016
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Sony launches world’s smallest portable speaker
Sony launched three new additions to its h.ear audio accessory lineup, including the world’s smallest portable speaker h.ear go, in Seoul on Tuesday. The h.ear go, consisting of two 35-millimeter full-range speakers, weighs only 790 grams. Loaded with dual tweeters as well as dual passive radiators at the front and the back, the speaker offers high quality full sound despite its compact size. And the battery life is a whopping 12 hours. Singer IU, a Korean ambassador for Sony, poses with the h.
April 5, 2016
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Samsung extends its lead in DRAM sector
Samsung Electronics, the world’s second largest semiconductor firm, has achieved a breakthrough in the global chip sector by successfully mass-producing a 10-nanometer-class DRAM chip, the company said Tuesday. The new 8-gigabit double-data-rate-4 (DDR4) DRAM chip -- based on 1x nanometer chip design and manufacturing technology -- will place the Seoul-headquartered chipmaker in an unrivaled position, according to the firm. Sams
April 5, 2016
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[Photo News] LG 'No Kid Hungry' campaign
LG ‘NO KID HUNGRY’ CAMPAIGN -- LG Electronics on Monday held a fund-raising event to feed children, called “No Kid Hungry,” at the National Building Museum in Washington. The Korean tech giant also offered its latest premium LG Black Stainless Steel Series for the cooking program for participating families. (LG Electronics)
April 5, 2016
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[News Focus] Tesla secures upper hand over suppliers
Tesla Motors, upbeat on soaring orders for its new $35,000 full-electric family sedan Model 3, seems to have already secured an upper hand in its upcoming talks with suppliers. Since the much-hyped prototype was unveiled Friday, preorders have surged to 276,000 in just three days. Deliveries will start late 2017 but long lines at Tesla stores were reminiscent of the crowds at Apple stores for early models of the iPhone. Now parts makers, especially those making the key parts such as batteries an
April 4, 2016