Most Popular
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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Inflation eases in April, continues bumpy ride
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Seoul to more than double military drones by 2026 to counter NK threats
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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Seoul alerts overseas missions to NK terror threats
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‘Inside Out 2’ adds four new emotions, explores teenage life
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Questions raised over fair promotion of RM, NewJeans
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[Graphic News] Number of coffee franchises in S. Korea rises 13%
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S. Korean children, teens grow taller, mature faster than before: study
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Samsung develops X-ray machine technology that sharply cuts radiation exposure
Samsung Advanced Institute of Technology, a research body under Samsung Electronics Co., said Wednesday it has developed a new technology for X-ray machines that can cut radiation exposure by 90 percent.Researchers from Samsung and Sungkyunkwan University made the breakthrough by adopting perovskite, a chemical compound, which helps to cut production costs while also improving detectors' sensitivity. This image, representing the application of perovskite to X-ray technologies, was released by Sa
Oct. 11, 2017
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Pricier smartphones in Korea are the problem: lawmaker
The average price of a smartphone sold in South Korea is higher compared to other countries resulting in Koreans suffering from high mobile costs, a lawmaker argued Tuesday, citing a Gartner survey on premium smartphones sold around the world.Rep. Byun Jae-ill of the ruling Minjoo Party of Korea said installment payments for handsets have taken up a growing portion of households’ monthly mobile costs. According to a recent survey by Gartner, the average selling price of handsets stood at $514 in
Oct. 10, 2017
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[Herald Interview] P2P lending can help curb national debt with data: Lendit
The Korea Herald is publishing a series of interviews on promising startups in the fintech industry. This is the 2nd installment. -- Ed. To a peer-to-peer lending platform, a full-grown set of database plays a crucial role in providing individual lenders or investors higher return and lower risk, and borrowers with low interest rate loans, while at the same time, better assessing borrowers‘ debt serviceability. One of South Korea’s leading P2P lending platform operator Lendit appears to have ta
Oct. 10, 2017
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LG posts 82% growth in Q3 operating profit
LG Electronics announced Tuesday it posted 82.2 percent growth in operating profit for the third quarter of this year compared to a year earlier. According to the smartphone and home appliance maker’s preliminary earnings, it recorded a 15.2 percent increase to reach 15.23 trillion won ($ 13.4 billion) in consolidated sales during the July-September period compared to the same period last year. Its operating profit climbed 82.2 percent to reach 516.1 billion won during the period. Models introd
Oct. 10, 2017
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‘Disaster broadcasts unable to reach most of Korea’s underground subways, tunnels’
Amid persistent military tension on the Korean Peninsula, a survey suggested that South Korea is ill-prepared to deliver radio broadcasts to key underground locations including subway stations and road tunnels during disasters and emergencies. A report released Tuesday by Rep. Shin Kyumg-min of the ruling Democratic Party of Korea found there was poor radio connectivity in 88 percent of South Korea’s road tunnels and subway stations. The survey was compiled by the state-run Korea Communications
Oct. 10, 2017
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LG Uplus tests UHD IPTV on 5G platform
LG Uplus Corp., South Korea's No. 3 mobile carrier, said Monday it has successfully tested an ultra high-definition quality TV service in a 5G network environment.LG Uplus said it used 5G equipment by Chinese networking giant Huawei to send data to an internet protocol television from its Sangam office building in western Seoul. (Yonhap)The company used fixed wireless access technology at 28 GHz spectrum to provide internet access to homes to demonstrate 5G network's capacity in a data intensiv
Oct. 9, 2017
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IoT exhibition to be held in Seoul
More than 200 South Korean firms are poised to showcase various Internet of Things application services and products at an international exhibition in Seoul slated for later this week as Internet connections are penetrating deeper into everyday lives, organizers for the event said Monday.The IoT Korea Exhibition 2017, part of IoT Week Korea 2017, will kick off Tuesday at the Convention and Exhibition Center in southern Seoul for a four-day run. The event, the fourth of its kind, is hosted by the
Oct. 9, 2017
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Samsung Electronics to launch smart building IoT system
Samsung Electronics Co. will launch an Internet of Things system that can incorporate artificial intelligence into the management of buildings, industry sources said Monday.Business insiders said the South Korean tech giant will unveil its smart building the system at its headquarters in southern Seoul on Oct. 18.The so-called b.IoT can be used to automatically control the temperature and lighting of buildings by using various sensors and other information provided by closed-circuit TVs.IoT is a
Oct. 9, 2017
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[Herald Interview] Bayer eyes Korea’s ‘deep tech’ startups for digital health care push
In the age of “digital health care,” high-tech wearables, cutting-edge medical devices and integrated apps combined with major breakthroughs in data computing and analytics capabilities are set to pave new frontiers in the health care sector. And in the global race to take over this emerging industry, South Korea’s innovative tech startups with an expertise in so-called “deep tech” involving complex engineering skills and software expertise could gain an upper hand, according to the founding chi
Oct. 8, 2017
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Gov't, firms to discuss countermeasures over US finding on Korean washers
The South Korean government and tech giants Samsung Electronics Co. and LG Electronics Inc. plan to discuss ways next week to counter a possible safeguard action by the US against their washing machines, industry sources said Saturday.The move comes as the US International Trade Commission (ITC) said Thursday that imports of Samsung and LG's washing machines made in foreign countries were harming the US industry following its four-month probe prompted by a safeguard petition filed by Whirlpool C
Oct. 7, 2017
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Subsidies for budget phones start to rise
Following the lifting of an upper cap on smartphone subsidies provided by mobile carriers effective as of Monday, the amount of grants offered by the firms and handset makers have started to rise, although just gradually, according to the telecom industry. The South Korean government has decided to remove the upper limit of 330,000 won ($289) for the subsidies as part of the efforts to lessen the telecommunication cost burden on consumers and to make subsidies’ packages more transparent. The lim
Oct. 2, 2017
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Energy firms to increase investment in renewable energy
South Korean energy firms are pushing to increase their investment in renewable energy to overhaul the country's energy mix, which is currently dominated by nuclear and coal power, an opposition party lawmaker said Monday.The Korea Electric Corp. is considering pouring 54 trillion won (US$47 billion) into generating 13.5 gigawatts of electricity through renewable means by 2030, according to Lee Che-ik, of the conservative Liberty Korea Party.South Korea is seeking to increase the ratio of renewa
Oct. 2, 2017
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Line hosts Developer Day to highlight Clova, Line API
Line Corp. on Thursday hosted Line Developer Day 2017 in Tokyo for engineers to discuss the company’s technology-related advances, strategies and future plans, the company said Sunday.The annual tech conference consisted of 39 sessions on topics including the Line messenger app, the Clova cloud artificial intelligence platform, the LINE Messaging application programming interface, LINE API Expert accreditation system, and the new Line Kyoto “developer base” expected to be launched in spring next
Oct. 1, 2017
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[Herald Interview] China’s Ecovacs vows to provide Koreans with smaller, quieter robots
Like other fast-growing tech companies in China rapidly chasing and surpassing global leaders, Ecovacs of China is confident that it can provide robot vacuum cleaners that better suit households here than those by strong Korean competitors Samsung and LG.“According to our study, Samsung and LG products are bigger and louder than ours, which are more perfect for European and US households than Asian,” said David Qian, president of the international business unit at Ecovacs, expressing his confide
Oct. 1, 2017
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US semiconductor packaging firm files lawsuit against Samsung Electronics
A US-based semiconductor technology company filed a lawsuit against Samsung Electronics Co. claiming patent infringement, industry sources said Friday.According to the sources, Tessera Technologies Inc. and its affiliates claimed Samsung Electronics made use of some 24 patented items, covering a wide range of semiconductor processing, bonding and packaging technologies. (Yonhap)The Samsung products involved in the alleged infringements include the Galaxy S6, S7 and S8 smartphones, as well as the
Sept. 29, 2017
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Korean researchers develop sensor to detect drug intake from single drop of sweat
South Korean researchers have developed a portable wireless sensor which is able to detect a person’s intake of amphetamine-based drugs like Adderall, Ecstasy and Crystal Meth using just a drop of sweat, saliva or urine. The sensor was co-developed by Korea’s Institute for Basic Science and Pohang University of Science and Technology. Their work was published Friday in Chem, a sister journal to the physical sciences journal Cell.Right now, drug testing involves using complex diagnostics devices
Sept. 29, 2017
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Mobile purchases continue to break new records in Aug.
Purchases made through mobile devices in South Korea continued to break new records last month as a growing number of people spend more time with their handsets, government data showed Friday.Mobile transactions through smartphones and tablets reached an all-time high of 4.04 trillion won ($3.5 billion) in August, up 29.5 percent from a year earlier, according to data from Statistics Korea. (Yonhap)The total amount of mobile transactions accounted for 61.9 percent of all online purchases made du
Sept. 29, 2017
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SKT to fully own ICT solution subsidiary amid restructuring speculations
SK Telecom, the No.1 mobile carrier by subscriber numbers in South Korea, announced Friday it will fully own SK Telink, a total ICT solution providing subsidiary, widely seen as a move by the telecom giant to turn itself into a mid-level holdings firm.At a board meeting on Thursday, SKT’s board of directors made a decision to acquire a 14.14 percent stake in Telink, in addition to the 85.86 percent already owned by the telecom business, for 270,583 won ($236.2) per share. Telink, at the same tim
Sept. 29, 2017
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IKEA Korea to launch mobile app ahead of second store opening
The local unit of global furniture giant IKEA said Friday it will launch an augmented reality technology-based mobile application next week to provide a better chance for customers to shop for its products, with its second outlet set to open in October.IKEA Place, where people can virtually place furniture in their homes or offices using the AR technology, will be available on the Apple's App Store starting Thursday, the company said. This photo provided by IKEA Korea on Sept. 29, 2017, shows it
Sept. 29, 2017
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LG to release V30 in US next week
LG Electronics Inc. said Friday it plans to release its new flagship smartphone, the LG V30, in the United States next week, kicking off fully fledged global sales of the device.The South Korean tech giant said the LG V30 will be released through major US mobile carriers starting Thursday.While the price will vary on depending on the carrier, industry watchers say it will not be much different from the local price of 949,300 won ($826.90). (Yonhap)Consumers preordering the device will be provide
Sept. 29, 2017