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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Korean battery makers heave sigh of relief over 2-year IRA reprieve
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Police seek arrest warrant for med student who killed girlfriend
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Over 80,000 millionaires, 20 billionaires in Seoul: report
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Local filmmakers criticize ‘The Roundup: Punishment’ monopoly of screens
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Will China's self-sufficient dream in HBM come true?
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Despite Russia’s volatile economy, LG sees market potential
MOSCOW/RUZA -- Inside the electronics store M.video, near Sheremetyevo International Airport in Moscow, customers flock to a 65-inch LG Signature organic light-emitting diode TV displayed at the front of the TV section. People check the front and the rear of the luxury TV set, marveling at how thin the TV screen has become thanks to technological advancements. A Russian worker checks the progress of washing machines being produced at LG Electronics’ Russia plant in Ruza, west of Moscow, Monday.
Sept. 8, 2016
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SKT forms partnership to develop specialized network for connected cars
South Korean network operator SK Telecom said Thursday that it has partnered with the Korea Expressway Corp. and the Korea Electronics Technology Institute to start developing a new network technology for connected cars -- a business forecast for sharp future growth.The three companies signed a memorandum of understanding in Seoul, agreeing to cooperate for the co-development of the next-generation “Vehicle-to-Everything,” or V2X, technology.V2X refers to technology embedded in automobiles that
Sept. 8, 2016
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DRAM prices show signs of rebound in recent months
The spot prices of computer memory chips have showed signs of a rebound in recent months, a development that will help chipmakers, such as Samsung Electronics Co. and SK hynix Inc., improve their earnings, according to industry data on Thursday. The spot price of DDR3 4Gb chips rose 2.99 percent on month in August and 7.2 percent in July, according to the DRAMeXchange. It marked a price rise for two consecutive months for the first time in 31 months. Prices for DDR3 and DDR4 4Gb modules also ga
Sept. 8, 2016
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LG's V20 targets audiophiles, camera enthusiasts
LG Electronics unveiled its new premium large-size smartphone V20 equipped with high-end audio capabilities and wide-angle lens cameras in South Korea and the US on Wednesday, as it seeks to revive its struggling handset business.The LG V20 -- categorized as a “phablet,” a combination of a phone and tablet -- is a follow-up model to the V10, a part of the “V Series” which stands as one of LG’s flagship premium smartphone lines alongside the “G Series.”LG’s new smartphone is designed to provide u
Sept. 7, 2016
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Samsung BioLogics scores certification from US FDA, EMA
Samsung BioLogics, a contract manufacturer of biologic drugs under South Korean electronics giant Samsung Group, said Wednesday that it has obtained six manufacturing certifications for biologic drugs produced at its first plant in Songdo, Incheon. Three monoclonal antibody drugs manufactured by Samsung BioLogics on behalf of its two clients Roche and Bristol-Myers Squibb were approved by the European Medicines Agency in July, the Korean biopharma CMO said. Of the three products, two were newly
Sept. 7, 2016
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Tech opens new market of men looking to play
Consultant Steve Shin, 38, is putting away money each month to buy things on his wish list: a beam projector, a drone, and a remote-controlled car. “I actually wanted to buy a convertible, but that seems a little over the top. I want to buy something for myself, and I think my wish list is pretty reasonable,” Shin said.Shin is among a growing number of middle-aged men who are interested in collecting gadgets as a hobby, opening up a new market of untapped consumers for the sluggish retail sector
Sept. 6, 2016
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LG Chem seeks merger with LG Life Sciences
South Korea’s battery and chemical company LG Chem is pushing for a merger with LG Group’s pharmaceutical affiliate LG Life Sciences in an apparent move to catch up with Samsung’s bio business, industry sources said Tuesday. “We are considering a merger with LG Life Sciences although the exact date has not been confirmed yet,” an LG Chem official said. The group’s top management recently decided not to sit back and watch as the Samsung Group pours money into the bio business and Hanmi Pharmaceut
Sept. 6, 2016
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LG Electronics to unveil new smartphone V20 Wednesday
LG Electronics Inc. will unveil a new premium smartphone this week as it seeks to revive its struggling handset business. The V20 smartphone, to be announced on Wednesday in Seoul, is the first smartphone in the world to run on Google's latest Android mobile operating system called "Nougat." A teaser image of the LG V20 (Yonhap file photo)Following disappointing sales of another premium smartphone, the G5, earlier this year, LG's handset business division posted its fifth consecutive quarterly
Sept. 6, 2016
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Gov't to strengthen monitoring of hepatitis C
The health ministry rolled out a set of measures Tuesday to further prevent and monitor hepatitis C following the recent mass infection of the virus here.The Ministry of Welfare and Health said it will examine all hepatitis cases instead of selected samples, as the early diagnosis of hepatitis C virus infection is crucial to preventing a mass infection.Currently, an epidemiological inspection by health authorities is being conducted only when hospitals or medical facilities across the country vo
Sept. 6, 2016
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Gov't to boost 'maker movement'
South Korea's government on Tuesday rolled out a set of measures to promote the so-called maker movement, as it is heralded as a new industrial trend that will eventually lead to more startups.The term refers to a social trend in which anyone with creativity and innovation can now be a maker of products and ideas thanks to the widespread availability of technology and access to information, the Ministry of Science, ICT and Future Planning said.The announcement was made after a Cabinet meeting pr
Sept. 6, 2016
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Consumers may prefer to replace Galaxy Note 7s than take refunds
South Korean consumers who already bought the Galaxy Note 7 smartphones are expected to prefer to replace their Note 7 devices with new ones rather than receive complete refunds because of a longer period for the replacement program, industry officials said Tuesday. Samsung announced a global recall of the Note 7 smartphones on Friday after some of their batteries caught fire while being charged. Mobile carriers in South Korea are also offering full refunds for the Note 7. The refund program wil
Sept. 6, 2016
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Nat'l Assembly confirms 35 cases of faulty Galaxy Note 7
South Korea's National Assembly said Monday Samsung Electronics Co. has produced 490,000 units of the Galaxy Note 7 phablet since last month in the country, adding it has identified only 35 devices with faulty batteries worldwide so far.The announcement came after Samsung announced a global recall of the Note 7 smartphones on Friday as some of their batteries caught fire while being charged. Samsung also decided to replace all Note 7 smartphones sold to customers with new ones.The Trade, Industr
Sept. 5, 2016
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Galaxy Note 7 won’t use Samsung SDI batteries: source
Samsung Electronics has reportedly decided to stop using batteries produced by its affiliate Samsung SDI in its new smartphone Galaxy Note 7 after defects found in some of the batteries led to a sweeping recall of over 2 million phablets worldwide. “As a follow-up of the battery issue, we decided to temporally stop using Samsung SDI’s battery for Galaxy Note 7,” several local media outlets reported on Monday, citing sources from Samsung Electronics. (Local online community)Samsung SDI supplies 7
Sept. 5, 2016
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LG to unveil quantum dot TVs next year
BERLIN -- LG Electronics will introduce its own version of quantum dot TVs next year, and consolidate its dominance in the top end market by its TVs powered by organic light emitting diodes.Competition over OLED TVs will intensify starting next year with around 10 electronics companies taking the next-generation display technology as key products for the premium segment.Expressing confidence, Kwon Bong-suk, executive vice president and CEO of LG Home Entertainment Company, said that LG will cont
Sept. 5, 2016
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Recall of Note 7 may cut Samsung's H2 operating profit by 820 bln won
The mass recall of the Galaxy Note 7 smartphones over faulty batteries is expected to cut Samsung Electronics Co.'s second-half operating profit by about 820 billion won ($738.2 million), an analyst said Monday. Samsung announced a global recall of the Note 7 smartphones on Friday after some of their batteries caught fire while being charged. Samsung also decided to replace all Note 7 smartphones sold to customers with new ones.Hwang Min-sung, the analyst at Samsung Securities, said he expects t
Sept. 5, 2016
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Ahn lashes out at Park’s SME policy at IFA
BERLIN -- The People’s Party’s former Chairman Rep. Ahn Cheol-soo on Saturday criticized President Park Geun-hye’s policy on small and medium-sized companies in South Korea during a rare visit to the annual IFA trade show.Describing the business-to-business environment in Korea as a “zoo,” Ahn said many Korean small and medium-sized enterprises have had limited opportunities to grow as they were forced to make an exclusive contract with one conglomerate, blocking them from supplying products to
Sept. 4, 2016
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LG to bolster brand power through SIGNATURE lineup
BERLIN -- Admitting that the technical gap is closing between South Korean electronics giants and Chinese competitors, the head of LG Electronics said Friday that he would take the firm’s new high-end lineup of LG SIGNATURE as a vehicle to enhance its brand value and customer loyalty worldwide.Jo Seong-jin, CEO of the home appliance and air solution company of LG Electronics, also implied that the company is taking a different approach in premium marketing from its rival Samsung. Jo Seong-jin, C
Sept. 4, 2016
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Young engineers' appeal led to Samsung's bold smartphone recall
The "power of communication" between Samsung Electronics Co.'s management and young engineers greatly influenced the company's decision to order a global recall of its Galaxy Note 7 phablet for faulty batteries, company officials said Sunday. An engineer at a Samsung Electronics service center in downtown Seoul checks a Galaxy Note 7 smartphone`s battery voltage. (Yonhap)On Friday, the tech giant made a public apology for the battery problem that has been linked to some of its smartphones catchi
Sept. 4, 2016
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Samsung Electronics' global Note 7 recall stems from commitment to quality: observers
Samsung Electronics Co.'s unprecedented decision to recall all of its latest Galaxy Note 7 phablets stems from the tech firm's commitment to quality dating back some 20 years, industry observers said Sunday.On Friday, the company announced it will recall all of its Galaxy Note 7 phones sold in South Korea and abroad after several of the phablets caught fire while being charged, promising to offer new replacements.Samsung said it will replace all Galaxy Note 7 handsets with new ones, regardless o
Sept. 4, 2016
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Netizens welcome Samsung's bold recall plan for the Galaxy Note 7 phablet
Many Internet users in South Korea on Saturday welcomed Samsung Electronics Co.'s decision to recall its Galaxy Note 7 phablet smartphones following reports that some caught fire while being charged.On Friday, the tech giant announced its findings that a very small number of its phones appeared to have a "battery cell issue." The head of the company's mobile business division offered a public apology, saying Samsung will recall all 2.5 million devices sold at home and abroad to date.The world's
Sept. 4, 2016