Most Popular
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Debate rages over ‘overly fatty’ samgyeopsal
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[Weekender] Korean psyche untangled: Musok
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40 flights canceled on Jeju Island due to bad weather
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[Eye Interview] 'If you live to 100, you might as well be happy,' says 88-year-old bestselling essayist
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From fake prostitution ring to nonexistent robber, prank calls hamper police
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Missing S. Korean traveler in Paris found safe after 2 weeks
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Top prosecutor orders speedy investigation into first lady's alleged acceptance of luxury handbag
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Defense chiefs of US, Australia, Japan decry NK-Russia military cooperation
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N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
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Kakao launches online job search service
South Korean internet company Kakao rolled out a new job information search service Wednesday ahead of the start of major companies’ fall recruiting season.Kakao, the operator of Korea’s top mobile messenger KakaoTalk and portal website Daum, has partnered with local job information website Jobplanet to introduce a new search page that displays information on some 15,000 companies registered under Jobplanet.Screenshots of Kakao and Jobplanet’s new job information search service accessed via Kaka
Aug. 24, 2016
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[INTERVIEW] Yanolja app changing thinking about motels
[THE INVESTOR] Talking about staying at a motel in Korea has historically been an uncomfortable topic -- mainly because such accommodations have typically been considered venues intended for sexual activities. But to Lee Su-jin, the chief executive of motel-booking app Yanolja -- meaning “let’s play,” in Korean -- a motel means “possibility.” Yanolja is a rising star in the Korean online-to-offline start-up scene. It is also a pioneering business that helped a boy from a broken family turn his d
Aug. 24, 2016
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Samsung Display teams up with Chinese firms on curved panels
Samsung Display Co. said Wednesday that it has formed an alliance with its sister company Samsung Electronics, and Chinese TV and panel manufacturers to further cooperate on expanding the curved panel industry.The agreement was made at a forum held by Samsung Display and the Congressional-Executive Commission on China in Beijing on Tuesday, the company said.China-based TV manufacturers, including market leader Hisense Co., panel makers such as TCL Corp. and Leshi Internet Information & Technolog
Aug. 24, 2016
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Samsung Pay hits 2 tln won in accumulated transactions in Korea
Samsung Electronics Co.'s mobile-payment service, Samsung Pay, has hit 2 trillion won ($1.8 billion) in accumulated transaction volume in South Korea, the company said Wednesday. The record came about one year after Samsung launched the mobile-payment service at home. Of the accumulated transaction volume, the value of fingerprint-identification mobile payments, which started this year, stood at about 500 billion won, Samsung said. Samsung is expanding the mobile-payment service globally. The co
Aug. 24, 2016
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Samsung to lure Chinese chip firms
Samsung Electronics is slated to hold a foundry forum in China later this month to attract Chinese fabless firms amid its growing idle foundry lines, industry experts said on Tuesday. The world’s largest memory chip maker confirmed that it would hold the forum in Shanghai on Aug. 30 with the aim of diversifying its fabless clients that design chips and outsource the manufacturing to foundry firms.At the event, around 100 Chinese firms including HiSilicon, Spreadtrum, Datang, ZTE and Rockchip and
Aug. 23, 2016
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[Monitor] Samsung narrows revenue gap with Intel
Samsung Electronics posted a solid gain in the sales of semiconductors for the second quarter of the year, narrowing the revenue gap with rival Intel Corp., data compiled by IC Insights showed Tuesday. Samsung’s semiconductor sales rose 11 percent on-quarter to reach $10.3 billion in the second quarter, while Intel’s sales fell 1 percent to $12.9 billion in the same quarter.
Aug. 23, 2016
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[Photo News] Eyes on Iris security
Kim Hyung-suk, vice president of Samsung Electronics’ multimedia R&D group, presents the development process and application areas of Galaxy Note 7’s iris recognition at the company’s headquarters in Seoul on Tuesday. (Yonhap)
Aug. 23, 2016
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Korean shares close higher on tech gains
South Korean shares advanced 0.38 percent Tuesday, partly aided by gains in top cap Samsung Electronics and other tech shares. The local currency sharply gained ground against the US dollar.The benchmark Korea Composite Stock Price Index closed at 2,049.93, gaining 7.77 points from the previous session. Trading volume was slim at 355.7 million shares worth 4.35 trillion won ($3.9 billion) with losers outnumbering gainers 414 to 388.Market behemoth Samsung Electronics spiked 1.32 percent to a rec
Aug. 23, 2016
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Seoul's mobile Internet speeds world's fastest: report
Mobile Internet speeds in Seoul are the fastest among seven cities in the world, a survey by a US mobile analytics firm showed on Tuesday. In Seoul, a median download speed for the wireless network run by mobile carrier LG Uplus is 74.7 Mbps, followed by Madrid with 44.6 Mbps and Tokyo with 39 Mbps, according to the survey by RootMetrics. London came fourth with 29.8 Mbps, followed by Paris with 29.7 Mbps, Dublin with 28.7 Mbps and New York with 23.7 Mbps. The download speed by LG Uplus means th
Aug. 23, 2016
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Korea confirms first cholera case in 15 years
South Korea has confirmed its first case of cholera in 15 years, local health authorities said Tuesday.A 59-year-old man from the southern city of Gwangju was confirmed to have been infected with the water-borne disease, the Korea Centers for Disease Control and Prevention said, adding the man doesn't have any records of overseas travel this year.It marks the first time that a South Korean national has been infected with the disease on local soil since 2001, the KCDC said. In 2001, an outbreak h
Aug. 23, 2016
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Samsung, LG widen lead in global TV market
Samsung Electronics Co. and LG Electronics Inc., two major South Korean TV makers, increased their share of the global television market in the second quarter, widening their lead over Japanese and Chinese competitors, according to industry data on Tuesday.Samsung's share of the global TV market in terms of shipments rose to 22.2 percent for the April-June period, compared with 21.4 percent for the same quarter last year, data compiled by industry tracker IHS Inc. showed.LG's market share slight
Aug. 23, 2016
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[News Analysis] Naver, Kakao accused of copying start-ups’ software
Local startups are speaking out against South Korean IT giants that have allegedly plagiarized their services, saying that such unfair practices further marginalize smaller companies in the country’s highly competitive tech sector. Naver, the operator of Korea’s largest portal website, and Kakao, which runs the country’s leading mobile messenger KakaoTalk and portal website Daum, have been accused of copying software originally developed by local tech ventures. Last week, the chief of Korean sp
Aug. 22, 2016
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Vacuum industry Olympics opens in Korea
A gathering of professionals from academic and industrial research communities in the fields of materials, coatings and surfaces worldwide opened for an eight-day run in the coastal city of Busan on Monday.The opening ceremony for the 20th International Vacuum Congress(IVC-20) brought together about 1,000 people, including Busan Mayor Suh Byung-soo; Mariano Anderle, chief of the International Union for Vacuum Science Technique and Application; and Kang Hee-jae, head of the IVC-20 organizing comm
Aug. 22, 2016
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Samsung likely to roll out budget smartphone in India
Samsung Electronics is predicted to launch its new Tizen-powered smartphone Z2 in India this week, despite continued lackluster sales of the budget mobile products, according to analysts said on Monday. The South Korean electronics giant sent out invitations to the Indian press for a product launch event slated for Tuesday.Source: GSM ArenaThe invitations did not specify the product to be unveiled, but industry insiders say that the event will be about Samsung releasing its new Tizen-based phone
Aug. 22, 2016
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Samsung to show off new smart washing machine at fair in Berlin
South Korean tech giant Samsung Electronics Co. said Monday it will showcase a new smart washing machine at the IFA consumer electronics fair in Berlin early next month. The new "AddWash" washing machine allows users to put extra items of laundry into the machine after a wash cycle is started, through a little window on the upper part of the main door. (Yonhap)In addition, the new machine enables users to deodorize their clothes with heated air, using a technology called "Air Wash." Using anoth
Aug. 22, 2016
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Korean chip companies to send market exploitation teams to India
South Korean semiconductor companies will send market exploitation teams to India to expand their businesses in the world's second-most populous market, the trade ministry here said Monday.The first squad led by SK hynix Inc., the world's second-largest chipmaker, will hold a road show in New Delhi on Monday to show their technologies of mobile chips and goods to Indian buyers, according to the Ministry of Trade, Industry and Energy.India's leading handset manufacturers like Intex Technologies a
Aug. 22, 2016
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Galaxy Note 7 sales boost Korean telecom businesses
The soaring sales of Samsung Electronics’ newly-released Galaxy Note 7 smartphone are boosting South Korea’s telecom businesses as customers are subscribing to new network operators when purchasing the new smartphone.According to the nation’s three major telecom operators SK Telecom, KT and LG Uplus, a total of 57,904 subscription swaps — switching from one telecom operator to another — took place over the weekend since Galaxy Note 7’s local release last Friday. Korean consumers line up to atte
Aug. 21, 2016
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Korean IT firms to offer options to refuse mobile gifts
South Korea’s leading internet technology companies are planning to grant local smartphone users an option to refuse mobile gift certificates sent by a third party within this year.Korean IT firms which operate mobile gift-giving and exchange platforms such as Kakao, SK Planet and KT Mhows said Sunday they will soon add such features to their services.The companies say that the decisions were made to enhance user convenience. But industry watchers suggest that a new antigraft law that takes effe
Aug. 21, 2016
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China certifies Korean-certified TV for 1st time
A Chinese regulator had issued a compulsory certification for South Korean-certified televisions to be sold in China for the first time, officials said Sunday. The move means that the Chinese regulator, the China Quality Certification Center, recognizes South Korean electronics and appliance goods, which are certified by South Korean regulators, without passing the rules of the Chinese compulsory certification system. (KATS)The South Korean TV products received an international certification, k
Aug. 21, 2016
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Samsung comes 2nd in U.S. list of most reputable tech firms
Samsung Electronics Co. came second in a recent U.S. survey of the most reputable technology companies, while Amazon.com Inc. held on to the top spot, according to foreign media reports and industry sources on Sunday. The survey by Reputation Institute, a U.S. consulting and advisory group, gave good grades to Samsung's new Galaxy S smartphones and its corporate social responsibility projects. Intel Corp. came third, followed by VMWare Inc. and Toshiba Corp. Also on the top 10 list were Oracle C
Aug. 21, 2016