Most Popular
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1 in 3 Koreans live alone, family types becoming diverse
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Korea, Japan finance chiefs vow to tame rampant FX market volatility
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US 'incredibly concerned' about suspected NK-Iran military ties
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K-pop group's manager dismissed for setting up spycam in theater dressing room
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K-pop singer lost consciousness after being hit by foul ball, cancels show
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Korean Muslim YouTuber's plan to build mosque in Incheon goes viral
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[Kim Seong-kon] Democracy and the future of South Korea
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Yoon's office denies considering liberal figures for key posts
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Why is Apple Pay struggling to get purchase in Korea?
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Seoul says Fu Bao loan 'not going to happen'
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Korea to begin road test of self-driving cars in Feb.
South Korea will soon begin a road test of self-driving cars as part of efforts to develop and commercialize new growth engines that include unmanned aerial vehicles, the government said Friday. The road test of self-driving cars will begin as early as February as the government designated small sections of expressways for the purpose late last month, according to the Ministry of Trade, Industry and Energy. "The plan comes as part of government efforts to develop and foster new industries part
Nov. 6, 2015
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3-4 shots of soju a day can help prevent strokes: experts
A few shots of soju, the most popular liquor in South Korea, a day can significantly lower the risk of strokes among males, a team of lcoal researchers said Friday. According to the team of neurologists at Seoul National University hospital in Bundang, drinking three to four shots of soju reduced the possibility of suffering a stroke among males by around 50 percent. It is the first time that soju, a diluted beverage containing ethanol and water, has been found to be helpful in preventing stro
Nov. 6, 2015
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Court rules Apple not liable to compensate for tracking users' location
An appeals court on Thursday ruled against South Korean iPhone users who filed a damages suit against Apple Inc. for collecting their location information without their consent.The Busan High Court, upholding a lower court's ruling, dismissed the complaint filed against the U.S.-based tech firm and its local unit, Apple Korea, seeking 1 million won (US$879) each in compensation, saying there was no leakage of private data.While acknowledging the illegality of Apple's collection of data, the cour
Nov. 5, 2015
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Kakao to launch mobile chauffeur service
Kakao, operator of Korea’s most-used mobile messenger, announced on Thursday its plan to launch a mobile chauffeur service Kakao Driver.The new smartphone-based service is in line with the company’s efforts to integrate offline services into mobile businesses. Kakao’s chauffeur application Kakao Driver. (Kakao)Kakao Driver is aimed at “creating a healthy business environment through competition and providing more choices for users,” the company said in a press release. Kakao had previously deni
Nov. 5, 2015
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[Photo News] LG nurtures global talents
LG NURTURES GLOBAL TALENTS -- LG Group chairman Koo Bon-moo (left) poses with one of Global Challenger 2015 winners in Seoul on Thursday. The annual Global Challenger competition grants winners a range of benefits including scholarships for overseas expeditions, and employment and internship opportunities. (LG Group)
Nov. 5, 2015
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[Photo News] LG Uplus upgrades IPTV service
LG UPLUS UPGRADES IPTV SERVICE -- Mobile carrier LG Uplus unveils its “curation TV service,” which assigns video-on-demand on around 500 virtual channels arranged in six groups by genre. The curation TV service, which will be available for LG Uplus IPTV subscribers, also allows users to watch TV programs or films featuring their favorite stars on certain channels. (LG Uplus)
Nov. 5, 2015
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Ex-Kakao CEO indicted for neglecting porn controls
Former Kakao CEO Lee Sir-goo was indicted for allegedly neglecting his duty to block sexually explicit content from being circulated via the company’s social network service Kakao Group, the state prosecution said Wednesday. According to investigators, he was accused of violating the country’s Youth Protection Law by not taking action to block or prevent the spread of pornography from reaching young people. Lee resigned in August, but remains at the company in a supporting role for new CEO Rim J
Nov. 5, 2015
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LG Twin Wash hits U.S. stores
LG Electronics on Wednesday started selling its new dual-load washing machine, Twin Wash, in the U.S. where the Korean tech giant is the No. 1 washer maker in terms of sales. Starting at Best Buy this month, the LG washer will hit major retailers such as Home Depot and Lowe’s by the end of this year. The Twin Wash is the industry’s first front-load washing machine that comes attached with an optional smaller washer on the bottom. The dual-load system allows users to wash two loads of laundry si
Nov. 5, 2015
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[Herald Interview] CrucialSoft eyes soaring global mobile authentication solution market
The rise of mobile payment in recent years requires device makers and software developers to have hack-proof solutions fitted in their products and services to ensure safe and convenient financial transactions.Pyun Baek-bum, chief executive of CrucialSoft, said that security solutions adopting the FIDO or Fast Identity Online standards, a set of authentication technologies aimed at enhancing interoperability of identification solutions in mobile devices, have a competitive edge over other authen
Nov. 4, 2015
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NCSoft to renew focus on mobile games next year
After its earnings during the July-September period nosedived, game developer NCSoft vowed to beef up its global operations, especially in the mobile game segment.Yoon Jae-soo, chief financial officer of the Korean game company, said in a conference call Wednesday that the company would recruit “up to 100” more developers at its mobile game studio in Silicon Valley. NCSoft CEO Kim Taek-jin.The announcement is in line with the company’s initiatives to diversify its business portfolio in order to
Nov. 4, 2015
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Nexon seeks spotlight at G-Star game show
This year’s exhibition at the largest game trade show G-Star 2015 to be held in Busan next week will be full of hands-on experiences, according to Korean game developer Nexon on Tuesday. At a media briefing in Seoul for a preview, Nexon said it would unveil a total of 15 new online and mobile games during the event to be held from Thursday through Sunday in the nation’s second-largest city. Lee Jeong-hun, vice president of the game company, delivers a speech at the preview session for the G-Star
Nov. 3, 2015
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LG CNS leads in modernizing Colombia’s transport system
Information communications and technology solutions developer LG CNS said Tuesday it had secured a deal to establish a fleet management system to collect public transit data in Pasto, Colombia, which the company said would give a boost to its business operations in South America.The FMS transmits bus data, including location, and driving speed, through GPS and network modems to a control center, which then analyzes the received information. (From left) Jorge Cote, head of public transit corporat
Nov. 3, 2015
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[Photo News] LG OLED TV sets record monthly sales
LG OLED TV SETS RECORD MONTHLY SALES -- LG Electronics said Tuesday that the sales of its organic light-emitting diode TVs have reached a record 4,500 in October. The company said it would further try to appeal to more customers by reducing the prices of its high-end TVs. (LGE)
Nov. 3, 2015
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[Photo News] LG's portable printer enjoys popularity
PORTABLE PRINTER APPEALS TO CUSTOMERS -- LG Electronics said Monday that the cumulative sales of its mobile printer Pocket Photo has crossed 1.3 million units worldwide -- 80 percent of that in Korea and China -- since the release of the portable printer in September 2012. (LGE)
Nov. 2, 2015
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SK Planet sues Kakao over mobile map services
Mobile platform developer SK Planet said Monday that it has sued Loc & All, a mobile navigation service firm and subsidiary of mobile messenger operator Kakao, for unauthorized use of its mobile map database.The company -- which runs mobile navigation app T-Map and compiles and provides a digital map database for corporate customers -- announced it has filed a lawsuit at the Seoul Central District Court. Mobile navigation app Kimgisa. (Loc & All)SK Planet had opened up some of its T-Map mobile m
Nov. 2, 2015
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[Photo News] Chinese P.M. visits innovation center
LI VISITS CREATIVE CENTER -- KT chief executive Hwang Chang-gyu (center) introduces an iris recognition solution to Chinese Premier Li Kequiang at a creative economy center run by the Korean mobile carrier in Gyeonggi Province on Monday. The Korean government and Korean conglomerates established 17 creative economy centers across the nation to support start-ups. (KT)
Nov. 2, 2015
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Ericsson-LG names new CEO
Patrick Johansson, new chief executive of Ericsson-LG. (Ericsson-LG)Network equipment developer Ericsson-LG said Monday that the board of directors has appointed Patrick Johansson, vice president of the firm’s business unit radio, as new chief executive of the company. Johansson, who will be responsible for all Ericsson-LG business operations in Korea, joined Ericsson in 1997 and has since then held various management positions and served as a board of director member for Ericsson-LG from 2012.I
Nov. 2, 2015
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SKT seeks to expand presence in pay TV
South Korea’s No. 1 mobile carrier SK Telecom said Monday that it would acquire CJ Hellovision, the Internet television service affiliate of CJ Group, with aims to strengthen its dominance in media platform services. The telecom company said it will acquire a 30 percent stake in CJ Hellovision owned by CJ O Shopping, the group’s home-shopping unit, for 500 billion won ($438 million) immediately. The remaining 23.9 percent stake will be acquired in a call option deal also for 500 billion won thre
Nov. 2, 2015
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Samsung deal puts Lotte chief in focus
Lotte Group’s decision to acquire chemicals businesses from Samsung Group, which was announced Friday, is expected to help the food and retail giant extend its business portfolio. And more importantly the 3 trillion won ($2.6 billion) pricey deal put a renewed spotlight on business capabilities of chairman Shin Dong-bin, who has recently been engulfed in an escalating family feud over the group’s ownership. Lotte said it would acquire 31.5 percent of shares in Samsung Fine Chemicals, Samsung’s l
Nov. 1, 2015
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LG Chem secures $8m water purification filter deals
LG Chem said Sunday it had secured a combined $8 million in new orders supplying water purification filters for eight seawater desalination projects among Egypt, Israel, Spain, Malta and Mexico. The company said it would produce some 17,000 reverse osmosis filters at its plant in Cheongju, North Chungcheong Province, by the end of next year, with the first batch shipped on Oct. 30.Reverse osmosis is a water purification technology that uses a semipermeable membrane to remove larger particles fro
Nov. 1, 2015