Most Popular
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Hyundai Motor eyes 80,000 jobs, W68tr investment at home by 2026
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Seoul bus drivers go on general strike, cause morning rush hour delays
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Official campaigning kicks off for April 10 elections
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Korea enters full election mode
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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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[Kim Seong-kon] The April 2024 election will decide our future
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Immigrant woman stabbed to death by Korean husband
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Seoul’s bus union prepares for strike
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[Photo News] Nexus 5X ready to debut in Korea
NEXUS 5X READY TO DEBUT IN KOREA -- South Korea’s major mobile carriers -- KT, LG Uplus and SK Telecom -- started receiving preorders for Google’s Nexus 5X smartphone Tuesday. The Google phone manufactured by LG Electronics is fitted with the latest version of the Internet giant’s Android 6.0 Marshmallow operating system and a fingerprint sensor. (KT)
Oct. 13, 2015
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TmaxSoft shows resilience in battle against Oracle, IBM
The Korean software market is often referred to as a “barren land” for domestic software developing firms since it is widely dominated by foreign software behemoths including Oracle, IBM and SAP. Against all odds, TmaxSoft, established in 1997, has been increasing its foothold both at home and abroad with its own technological capabilities for database management systems, which help companies efficiently handle data. The headquarters of TmaxSoft in Bundang, Gyeonggi Province. (TmaxSoft) Particip
Oct. 13, 2015
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[Photo News] Smart TV app for UHD content
SMART TV APP FOR UHD CONTENT -- LG Electronics launches the “Ultra HD World,” a TV application for ultra-high definition content, for the first time in Korea. The tech giant will offer 130 TV dramas, and shows in UHD for free by the end of this year. (LGE)
Oct. 12, 2015
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KT seeks global cooperation for 5G network
South Korea’s leading telecommunications firm KT has been paving the way for the era of the 5G network as it actively engages in global efforts to establish technological standards for the faster network technology. Participating in ITU Telecom World, a global information and communications technology conference, in Budapest, KT vowed to cement its leadership in the telecom sector by contributing to the growth of the world’s telecom industry and nurturing the ecosystem for technological converg
Oct. 12, 2015
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[Graphic News] Koreans still engage in heavy drinking, smoking
Oct. 8, 2015
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Twitter runs tweet session with U.S. ambassador to Korea
U.S. Ambassador Mark W. Lippert texts his message during a live tweet session with Korean Twitter users on Thursday. (Twitter Korea) Korean Twitter users had a rare chance to communicate directly with U.S. ambassador to South Korea Mark Lippert through a question-and-answer session organized by Twitter Korea on Thursday. It was the second tweet session with VIPs in Korea, organized by Twitter Korea, after one with K-pop boy band GOT7 earlier this week. During the session, users of the microblo
Oct. 8, 2015
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Samsung denies data leak from LoopPay hack
Samsung Electronics on Thursday denied viral news reports that hacking attempts in March against LoopPay, the mobile payment solution provider for its Samsung Pay, led to a payment data leak in an attempt to ease consumers’ concerns over their privacy. “The first thing to know is that Samsung Pay was not impacted by the LoopPay hack and at no point was any personal payment information at risk,” the tech giant said in a post on its official blog Thursday. A mobile user makes tries to pay using
Oct. 8, 2015
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Samsung posts W3.2tr surprise earnings boost
Shares of Samsung Electronics surged to a two-year high after the Korean tech giant posted third-quarter earnings guidance that beat analysts’ estimates. Customers try out Samsung devices at a store near the company`s headquarters in Seocho-dong, southern Seoul, on Wednesday. YonhapThe company estimated its third-quarter profit rose almost 80 percent on-year to 7.3 trillion won ($6.3 billion) from 4.06 trillion won, its first quarterly profit gain in two years and the biggest since the first qua
Oct. 7, 2015
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LG, Freescale team up for self-driving cars
LG Electronics said Wednesday it has teamed up with U.S. chipmaker Freescale to jointly develop Advanced Driver Assistance Systems, or ADAS, a key technology for self-driving cars. ADAS uses cameras to alert drivers of risks, increasing car safety and more generally road safety. The technology is expected to play a bigger role in the era of driverless cars. Under the fresh partnership, LG will offer its world-leading camera technology secured through mobile and home appliance businesses, while F
Oct. 7, 2015
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Tech Planet conference shines light on online-to-off-line biz
Online-to-off-line (O2O) businesses that connect online customers with physical products and services are often referred to as a next big thing in the information technology, commerce and services sectors with more start-ups and conventional businesses jumping into the growing O2O market. Anticipating that the combination between the online and off-line world would change the landscape of almost all industries, participants in the Tech Planet conference organized by information and communicatio
Oct. 7, 2015
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Minkonet shows off technology for mobile game broadcasting
Game broadcasting on TV has garnered huge popularity at home and abroad thanks to the spread of fast network infrastructure and the growing online game industry from the early 2000s. With many people now turning to smartphones to play mobile games, live-streaming mobile games and related technologies are gaining traction. An image of a mobile game broadcasting demonstration using Minkonet’s Swing solution. (Minkonet) Kim Tae-woo, the CEO of Korean start-up Minkonet, said the firm’s Swing soft
Oct. 7, 2015
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KONA I unveils new SIM card for multiple phone numbers
Telecommunication solutions developer KONA I said Wednesday that the company and mobile carrier KT will soon launch a new mobile service which allows mobile subscribers to use three distinctive phone numbers on one handset.Different from dual-SIM phones fitted with two subscriber identification module card slots, the service for multiple phone numbers will be available through a new single SIM card with three different numbers, developed by the Seoul-headquartered KONA I.The logo of telecommunic
Oct. 7, 2015
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[Photo News] LG V10 hits shelves in Korea
LG V10 HITS SHELVES IN KOREA — LG Electronics releases its latest premium smartphone V10, which sports the world’s first dual front-facing cameras, through leading local mobile carriers SK Telecom, KT, and LG Uplus on Thursday. (LGE)
Oct. 7, 2015
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Pyroprocessing's economic viability 'different question': U.S. negotiator
A new nuclear fuel reprocessing technology, which the United States has allowed South Korea to research into, may work technically, but its viability economically and in terms of security is a "different question," a senior U.S. diplomat said.The remark by Assistant Secretary of State Thomas Countryman, who represented the U.S. in negotiations on a civil nuclear cooperation pact with Seoul, suggests the U.S. is negative about allowing South Korea to take advantage of the "pyroprocessing" technol
Oct. 7, 2015
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Samsung Electronics' profits jump 79.8% in Q3
South Korea's top tech behemoth Samsung Electronics Co. said Wednesday its third-quarter operating income is estimated to have risen 79.8 percent from a year earlier, far beating market estimates.Operating income is estimated at 7.3 trillion won ($6.25 billion) for the July-September period, compared with the 4.06 trillion won posted a year earlier, Samsung said in a regulatory filing. (Yonhap)The third-quarter operating income also marks a 5.8 percent rise from the 6.9 trillion won posted for
Oct. 7, 2015
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LG chairman calls for swift action
LG Group chairman Koo Bon-moo has asked top executives of affiliates to make swift moves to survive the fast-changing business environment.“Uncertainties of the global economy are intensifying due to the looming slowdown in the Chinese economy, and global competition is heating up day by day,” the LG Group chairman said in a meeting with high-ranking officials Tuesday, adding, “We should face up to the reality and brace for the future thoroughly.” He asked the heads of the LG Group affiliates to
Oct. 6, 2015
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[Photo News] Smart display for kitchen
SMART DISPLAY FOR KITCHEN -- LG Electronics and furniture firm Hanssem will release a built-in TV product for the kitchen, dubbed the Smart Kitchen TV, this month in Korea. The smart Kitchen TV, which is installed inside a drawer and displays images on the door of the drawer, boasts a less-intrusive design that allows users to enjoy multimedia content. (LGE)
Oct. 6, 2015
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[Photo News] Global voluteer work
GLOBAL VOLUNTEER WORK -- Executives and officials from Samsung Electronics’ Brazilian branch spend time with children at a children shelter in Sao Paulo. The tech giant is holding a global volunteer work campaign for three weeks from Oct. 1, with 170,000 Samsung execs and workers in 38 nations participating. (Samsung)
Oct. 6, 2015
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Samsung companies seek relocation under succession plan
Samsung Group is gearing up to relocate key affiliates as part of its business restructuring that has continued for its crucial leadership transition to a new generation.The nation’s largest conglomerate has gathered its key affiliates into its fancy headquarters complex, consisting of three sky-scrapers, in Seocho-dong, Seoul, since 2008. According to industry sources Monday, Samsung Electronics, the group’s crown jewel, is considering moving its marketing and planning divisions to Suwon, Gyeo
Oct. 5, 2015
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LG sees silver lining in mobile business with new handset
Many eyes are now on tech giant LG Electronics, which is seeking to become a game changer with the latest top-tier smartphone V10 after disappointment in sales for its leather-clad G4 smartphone. Global news outlets and blogospheres have been complimenting LG’s new phone boasting one-of-its-kind features including the world’s first dual front-facing cameras, a secondary display, a durable, sturdy body fortified with stainless steel and silicon, and, last but not least, the relatively affordabl
Oct. 5, 2015