Most Popular
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'Super Rich in Korea' will leave viewers appreciating Korea more: producers
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Probe of first lady on Dior bag allegations set to begin
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Top prosecutor pledges 'speedy, strict' probe into first lady's luxury bag allegations
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Indonesia’s KF-21 fighter jet deal cut back -- what’s next?
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[KH Explains] Can tech firms' AI alliances take on Nvidia?
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Police seek arrest warrant for med student who killed girlfriend
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Local filmmakers criticize ‘The Roundup: Punishment’ monopoly of screens
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[Grace Kao, Meera Choi] Has money displaced romance on dates?
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Will China's self-sufficient dream in HBM come true?
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Korean battery makers heave sigh of relief over 2-year IRA reprieve
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SKT to set up startup center with Facebook
SK Telecom and Facebook will create a center in Korea early next year to foster startup companies in the field of communications infrastructure, the local carrier said Thursday. This will be the first such center to be set up by Facebook in the world and the first collaboration between the global social media giant and South Korea’s largest mobile carrier. SK Telecom’s chief technology officer Choi Jin-sung speaks at TIP summit held in Facebook’s headquarters in Silicon Valley. (SK Telecom)The
Nov. 3, 2016
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Samsung's printer employees to receive compensation after HP deal
About 1,800 employees of Samsung Electronics Co.'s printer business in South Korea will receive about 60 million won ($52,470) each in compensation, an industry source said Thursday, as Samsung agreed to sell the printer business to HP Inc. Samsung's shareholders approved the sell-off of the printer business to HP for $1.05 billion last week. The deal includes Samsung's patents for printers and the employees. "Following a decision to sell its printing business to HP Inc., Samsung Electronics is
Nov. 3, 2016
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Samsung develops 10-nanometer processing technology
Samsung Electronics Co. said Thursday it has unveiled details of its third-generation 10-nanometer processing technology. The advanced foundry processing technology, presented at the Samsung Foundry Forum in the United States to foundry customers and partners, "is expected to be the most cost-effective cutting-edge process technology in the industry," Samsung said in a statement. Last month, Samsung began producing the semiconductor industry's first 8-gigabyte mobile DRAM package for smartphones
Nov. 3, 2016
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A walk through Korea’s latest ‘smart home’
It’s a cold day on your way home from work. However, minutes before your arrival, the heating system and lights at your apartment automatically turn on -- all through a simple voice command of “initiate return home mode” via your smartphone. After you park your car, the front gate of the apartment building automatically opens as it recognizes you via the smartphone in your hand. With a simple touch, the door of your warm apartment opens as the pre-set rice cooker announces, “The rice is ready.”
Nov. 2, 2016
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Consumers opting for larger screen TVs on affordability
Sales of large screen TVs have increased over the past two years, apparently from a price drop that made them affordable to a bigger consumer base, industry data showed Wednesday.According to leading retailer E-mart, the proportion of 60-inch or larger flat TVs sold among total TV sales this year reached 13.7 percent, a leap from 1.9 percent in 2014. Comparatively, sales of 50-inch TVs fell from 31.6 percent in 2014 to 24.8 percent this year.The price tag on 60-inch plus TVs have dropped from we
Nov. 2, 2016
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Mobile games mocking Choi Soon-sil emerge in Korea
As public anger grows toward Choi Soon-sil, a confidante of President Park Geun-hye who allegedly meddled in key government affairs as a civilian, South Korean game developers have launched new mobile games mocking the woman at the center of the country’s roiling political scandal.Choi Soon-sil, 60, is a longtime friend of President Park who allegedly acted as the president’s secret adviser without holding a government title. She is accused of using her personal ties to the president to wield un
Nov. 1, 2016
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Foreign firms unfazed by presidential scandal
Foreign companies operating in South Korea generally shared views that the presidential scandal does not directly affect their business -- yet. However, if the political issue is prolonged, it may pose stronger risks as it could slow the country’s economic activity, the executives said. Korea is currently reeling from a political scandal involving Choi Soon-sil, who is accused of peddling influence and interfering in state affairs as a secret adviser to President Park Geun-hye. (Yonhap)Amid gro
Nov. 1, 2016
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DRAM prices surge in October on rising demand for PCs and servers
The global price of dynamic random access memory chips surged in October from a month earlier, data showed Tuesday, boding well for South Korea's leading chipmakers.According to the data compiled by market tracker DRAMeXchange, the average contract price of the DDR3 4GB, mostly used for PCs, rose 25.3 percent on-month to US$1.88 in October, marking the highest gain since March of 2013 when the prices advanced 18.52 percent on-month.The DRAM prices have risen sharply since July this year advancin
Nov. 1, 2016
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Huawei jumps into high-end smartphone market in Korea
Chinese tech giant Huawei is expected to launch its premium smartphones for the first time in Korea, targeting the gap in the market left by the Galaxy Note 7. Huawei’s premium smartphones P9 and P9 plus gained radio equipment approvals from the National Radio Research Agency on Oct. 23 and Oct. 30, respectively, the tech firm’s Korean unit confirmed Monday. The phones are expected to be rolled out in December via Huawei’s local partner LG Plus and priced from around 700,000 won ($612) to 800,00
Oct. 31, 2016
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Samsung BioLogics share sales to begin Wednesday
Shares of Samsung BioLogics will be offered for sale to interested investors on Wednesday and Thursday, as the South Korean contract drug manufacturer prepares to go public on Korea’s main bourse on Nov. 10. The company has priced its shares at 136,000 won ($118.83) apiece. This pricing scheme values the share sale at 2.25 trillion won and sets Samsung BioLogics’ market value at 9 trillion won. Samsung BioLogics employees work inside a lab at the company`s headquarters in Songdo, Incheon (Samsun
Oct. 31, 2016
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SKT, Intel partner for autonomous vehicles
South Korean mobile carrier SK Telecom said Monday that it has joined hands with US chipmaker Intel Corp. for the development of next-generation technologies for autonomous vehicles. The two firms signed a memorandum of understanding in Seoul last Thursday, pledging to cooperate for the development of “Vehicle-to-Everything,” or V2X, technology as well as video recognition based on deep learning, a form of artificial intelligence, SKT said. The chief of SK Telecom’s Corporate R&D Center Choi Jin
Oct. 31, 2016
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More smartphones feature high-quality front cameras for selfies
Competition is intensifying in South Korea's market for smartphones equipped with high-quality front cameras to meet the booming trend of selfies, company officials said Monday. A smartphone's high-quality front camera, mainly used to take selfies, is increasingly appealing to plenty of young consumers, they said. SK Telecom Co.'s Luna S smartphone (Yonhap file photo)Earlier this month, SK Telecom Co., the nation's top mobile carrier, began selling its Luna S smartphone, fitted with a 13-megapi
Oct. 31, 2016
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[Graphic News] Chinese smartphone makers threaten Samsung’s dominance
The combined production volume of China’s top three smartphone makers - Huawei, Oppo and Vivo - in the third quarter surpassed that of South Korean tech giant Samsung Electronics for the first time, industry data showed.According to market research firm IDC, Samsung Electronics manufactured 72.5 million smartphones, giving it a 20 percent market share of the global smartphone market, during the July-September period.Meanwhile, the three Chinese firms together produced 80.1 million smartphone uni
Oct. 30, 2016
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[Photo News] LG's new 3G cellphone
LG Electronics‘ Wine 3G cellphone began sales in South Korea on Sunday via local carrier KT. LG’s new budget handset is designed for senior consumers who prefer cheap cellphones offering the most basic functions over high-end smartphones with complex features. The LG Wine 3G is priced at 143,000 won ($125), including tax, and is available in two colors -- brown and red. (KT)
Oct. 30, 2016
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LG Electronics launches V20 in US, Canada
LG Electronics said Sunday that it has begun selling its latest premium smartphone V20 in the US and Canada, with the aim of appealing to audiophiles, camera enthusiasts and content creators.LG is hoping to win over customers who are looking to purchase a large-size premium smartphone, including those seeking alternatives to the Samsung Galaxy Note 7 which was recently pulled from the market due to battery safety issues. A reporter looks at LG Electronics’ V20 smartphone during a media event hel
Oct. 30, 2016
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[Photo News] KT launches LG Wine 3G cell phone
LG’S NEW 3G CELL PHONE — LG Electronics began selling its Wine 3G cell phone in South Korea on Sunday via local carrier KT. LG’s new budget handset is designed for senior consumers who prefer cheap cell phones offering the most basic functions over high-end smartphones with complex features. The LG Wine 3G is priced at 143,000 won ($125) including taxes and is available in two colors — brown and red. (KT)
Oct. 30, 2016
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British society chief stresses basic science
Venkatraman Ramakrishnan, president of the Royal Society of London for Improving Natural Knowledge, more commonly known as the Royal Society, has stressed the importance of basic science, saying that investment in the field should be spearheaded by scientists. "Reason to invest in science is that it is part of every culture of humans and so it is about how the world works, what we are and what the universe is like. These are increasingly important questions," the British structural biologist to
Oct. 30, 2016
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Samsung named most preferred brand in Russia for 6 straight years
South Korean tech giant Samsung Electronics Co. was chosen as the most-loved brand in Russia for the sixth year in a row, a survey showed Sunday.In the survey by Russia-based Online Market Intelligence, Samsung Electronics garnered 17 percent of support from 1,500 respondents living in Russian cities with over 1 million people.Germany sportswear company Adidas followed with 10.5 percent, and Japanese electronics company Sony came next with 10 percent, according to the survey results posted on OM
Oct. 30, 2016
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Samsung expected to use 20-nano or finer technology for all mobile chips from Q2 next year
Samsung Electronics Co. is expected to use 20-nanometer processing technology or finer technology to produce all mobile DRAMs from the second-quarter of next year, according to a market researcher on Saturday. Finer processing technology allows a chip manufacturer to improve wafer productivity and produce a semiconductor that consumes less electricity. According to market researcher DRAMeXchange, about 94 percent of chips produced by Samsung during the fourth-quarter of this year are believed to
Oct. 30, 2016
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Miele denies LG’s patent infringement claim
German home appliances maker Miele denied on Friday claims by LG Electronics that it had infringed on washing machine-related patents. “LG Electronics claimed that Miele used its patent technologies, but we delivered a strong message to LG that we did not use a third party’s patents without permission,” said a Miele Korea spokesperson. “Miele currently holds patents related to steam washing machine technologies and some are under the patent application process,” he said, adding that it is a rout
Oct. 28, 2016