Most Popular
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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Golden chance to liquidate babies’ gold rings?
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Inflation eases in April, continues bumpy ride
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Seoul to more than double military drones by 2026 to counter NK threats
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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 alerts overseas missions to NK terror threats
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Over 60% of S. Koreans support W100m childbirth incentive: survey
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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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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Toshiba picks Bain, SK hynix, Apple group to sell its memory unit
After three-month-long negotiations, Japanese conglomerate Toshiba selected a global consortium led by US private equity group Bain Capital to sell its memory business, according to news reports on Wednesday. The consortium includes South Korean chipmaker SK hynix and tech giant Apple.For SK hynix, the world’s fifth NAND flash maker, the group’s acquisition of the Toshiba unit is expected to help raise competitiveness of the chip business. Toshiba is the second largest NAND provider in the world
Sept. 20, 2017
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[Photo News] Bayer Korea-KOTRA showcase local digital health startups
DIGITAL HEALTH STARTUPS ON SHOW -- Bayer Korea and the Korea Trade-Investment Promotion Agency held Tuesday a “demo day” showcasing the finalists of their jointly-launched digital health care startup accelerator program Grants4Apps Korea. Three local startups -- rapid-cooling anesthesia device maker RecensMedical, Sky Labs, which developed a ring-type wearable that monitors and detects arrhythmia, and pet-tech company GomiLabs -- presented their products and technologies in front of investors an
Sept. 20, 2017
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Scientist develop stable solar cell out of flourine
A group of South Korean scientists have developed highly stable and cheap solar cells made out of flourine, a state-run institute said TuesdayThe team led by Kim Jin-young from the Ulsan National Institute of Science and Technology developed the edged-selectively fluorine functionalized graphene nanoplatelets with structure of perovskite solar cells that can achieve a stability of 82 percent. (Yonhap)A perovskite solar cell is a type of cell which includes a perovskite structured compound, consi
Sept. 19, 2017
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Korean online game ‘Battlegrounds’ breaks Steam record for highest concurrent player count
Online shooting game “PlayerUnknown’s Battlegrounds” developed by South Korea’s Bluehole Studio has broken the record for the highest concurrent player count on Steam, the world’s largest online video game store platform.The game, which was released as an early access beta version on Steam around six months ago, hit the milestone by achieving more than 1.34 million concurrent player counts Saturday, Bluehole said this week.With the new record, “Battlegrounds” beat the top peak player count recor
Sept. 19, 2017
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Samsung's Galaxy S8 price higher in Korea than US: consumer group
The price of Samsung Electronics Co.'s Galaxy S8 without a mobile carrier contract in South Korea hovers far above that of the United States, a local consumer group said Tuesday.According to Green Consumer Network in Korea, the local sales price of the unlocked Galaxy S8 released earlier this year has been set at 1.02 million won ($908), which it claimed is higher than the official price tag of $780 set for US consumers including taxes. (Yonhap)Considering discounts provided to US consumers for
Sept. 19, 2017
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KAERI promotes SMART reactors at IAEA meeting
The Korea Atomic Energy Research Institute said Tuesday that it promoted its SMART reactor for export to third countries at the ongoing assembly of the international nuclear watchdog in Vienna.The promotion was made as a subsidiary event at the headquarters of the International Atomic Energy Agency the previous day, with 22 Asian, African and Mideast countries attending, a KAERI official said. During the event, KAERI introduced Saudi Arabia's nuclear reactor project, in which it is taking part,
Sept. 19, 2017
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Kakao AI speaker sold out on 1st day of preorders
South Korea's top mobile messenger operator Kakao Corp. said Monday its artificial intelligence speaker was sold out on the first day of the preorder.Kakao, which also operates the country's No. 2 portal, said it sold all of the 3,000 units of the Kakao Mini allocated for preorders in 38 minutes.The company earlier said the Kakao Mini will come with its AI platform, Kakao I, along with voice recognition and software that can understand natural language. (Yonhap)While the official price of the Ka
Sept. 18, 2017
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Semiconductor, display makers to invest W52tr by 2024
Major South Korean manufacturers of semiconductors and displays plan to invest a combined 51.9 trillion won ($45.8 billion) in the domestic market by 2024 to help stimulate the local economy and create jobs, the government said Monday. Senior executives from major manufacturers announced their investment plans during a meeting with Minister of Trade, Industry and Energy Paik Woon-gyu, in which they outlined strategies to further develop the high tech industry, the ministry said. Kwon Oh-hyun, vi
Sept. 18, 2017
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Korean chipmakers' sales to top W100tr in 2017
South Korea's top two chipmakers -- Samsung Electronics Co. and SK hynix Inc. -- are set to see their combined annual sales exceed 100 trillion won ($88.3 billion) this year on the back of an industry boom, industry sources said Monday.The outlook came as Samsung and SK hynix, which posted sound earnings for the first and second quarters, have been showing robust performances on higher chip prices around the globe. (Yonhap)Samsung is expected to rake in sales of between 72 and 78 trillion won fr
Sept. 18, 2017
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[ITU 2017] Revolution, ecosystem, ocean: 5G is just the beginning
“You cannot assume that 5G is just 4G on steroids. It is a revolution,” said Kailash Narayanan of Keysight Technologies.The neat linear progression from 2G to 3G to 4G does not apply to next-generation networks. The generic term for future communications technologies, 5G offers so much more than just the next level up in speed and data volume. If earlier technologies are like different types of fish, says Peter Ashwood-Smith, Chair of ITU-T Focus Group on IMT for 2020, then “5G is the full ocean
Sept. 17, 2017
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Samsung releases advanced fitness band, VR headset in Korea
Samsung Electronics on Friday released an upgraded GPS-based fitness band and virtual reality headset in the South Korean market. The two had previously been unveiled at the IFA 2017 convention earlier this month. The company said it would start rolling out the fitness band Gear Fit2 Pro with newly added swimming functions in partnership with global sports brands at 229,000 won ($202) for a limited 1,000 units with Bluetooth earphones as part of a promotion through Sept. 22. The Gear Fit2 Pro is
Sept. 15, 2017
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Galaxy Note 8 preorders top 800,000 in Korea
The combined preorders for Samsung Electronics Co.'s latest Galaxy Note 8 drew more than 800,000 preorders in South Korea in about one week, far outpacing its predecessor, the company said Friday.The tech giant said 850,000 people ordered the premium phablet during the eight days it received online and offline reservations for purchase through the country's three mobile operators.Those who preorder the Galaxy Note 8 got the device earlier in the day, Samsung said, although the official release i
Sept. 15, 2017
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KT begins installing 5G network in PyeongChang
Starting this month, South Korean mobile carrier KT will begin establishing the fifth-generation network in major parts of PyeongChang, Gangwon Province, accelerating its preparations for the 2018 Winter Olympic Games, the company said Friday. KT signed an agreement with Korea Expressway Corp. on the establishment of the 5G network on major roads and facilities in PyeongChang, which will enable visitors to enjoy seamless telecom services on the road. Officials of KT and Korea Expressway Corpora
Sept. 15, 2017
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Korean-American scholars discover mechanism that may hold key to preventing autism
Two Korean-American scholars have identified a mechanism in mice that links autism in offspring to a mother’s gut infection during pregnancy, in a discovery that could one day help prevent the development of the condition. Two studies, led by Gloria Choi of MIT and husband Jun Huh of Harvard Medical School and published in Nature on Wednesday, illuminate that pregnant mice exposed to infection develop an autoimmune response which can result in neural developmental problems in their offspring. Th
Sept. 14, 2017
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Upbeat mood continues in smartphone market with LG V30
A recent upbeat atmosphere in the Korean smartphone market peaked Thursday, as LG Electronics kicked off preorders for its latest flagship V30 smartphone in competition with Samsung’s Galaxy Note 8. This is the first time for LG to throw a preorder event for the V series smartphone, which has been read by market watchers as the company’s renewed confidence in the newest product. Preorders for the LG phones will be available for one week until Wednesday through the country’s three big mobile carr
Sept. 14, 2017
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Samsung embarks on investment in autonomous driving
The world’s No. 1 chip and handset maker, Samsung has embarked on a new autonomous driving business by announcing the creation of a new fund Wednesday. The South Korean technology giant established a $300 million fund -- Samsung Automotive Innovation Fund -- that will exclusively focus on connected car and autonomous driving technologies, the company said in a press release Thursday.The autonomous technologies include smart sensors, machine vision, artificial intelligence, high-performance compu
Sept. 14, 2017
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Naver CEO apologizes for providing favors to children of top officials
Naver CEO Han Seong-sook apologized on behalf of the company for providing favors to the children of South Korea’s top legal officials including the daughter of former Senior Prosecutor Jin Kyung-joon, who is currently serving jail time for accepting bribes. Naver shared a public apology from the incumbent CEO on its official blog Naver Diary following news reports that the company had unfairly provided favors and opportunities to Jin’s daughter.“Naver provided unofficial favors such as a free p
Sept. 14, 2017
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Kakao, Samsung team up in AI sector
South Korea's top mobile messenger operator Kakao Corp. said Thursday it has partnered with tech giant Samsung Electronics Co. in the artificial intelligence sector to tap deeper into the burgeoning industry.Kakao I, the company's AI platform, will be integrated with Samsung's voice recognition program, Bixby, to allow more users to better experience the technology, Kakao said. "The cooperation with Samsung Electronics shows that Kakao's service has a competitive edge and the potential growth of
Sept. 14, 2017
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Bain, SK hynix back in running to buy Toshiba chip unit
Japan’s Toshiba is leaning back toward a global consortium that includes South Korea’s SK hynix in the bidding for its memory chip business, the company announced Wednesday. Toshiba’s board of directors on Wednesday signed a memorandum of understanding with the consortium led by US private equity group Bain Capital and technology giant Apple, Development Bank of Japan and Korean chipmaker SK hynix.“Toshiba’s board of directors has determined to continue negotiations with the Bain-led consortium
Sept. 13, 2017
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[Newsmaker] Naver, Kakao compete to secure more AI speaker purchases
South Korea’s two biggest IT companies are ramping up efforts to achieve more preorders for their artificial intelligence-powered smart speakers that are slated to hit shelves here soon, with aims to dominate the nascent market. Naver, the operator of Korea’s biggest portal website, and Kakao, which runs the country’s most widely used mobile messenger KakaoTalk, are slated to launch voice-activated standalone speakers here in the coming months.Globally, the smart speaker market is dominated by f
Sept. 13, 2017