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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N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
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Missing S. Korean traveler in Paris found safe after 2 weeks
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Defense chiefs of US, Australia, Japan decry NK-Russia military cooperation
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S. Korea, China, Japan in talks to hold trilateral summit May 26-27: official
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Galaxy Note 7 most costly in Europe, cheapest in Korea
Samsung Electronics’ Galaxy Note 7, which was launched Friday globally, is the most expensive in Europe and cheapest in South Korea, according to the tech firms’ online stores Friday. The new phablet costs around 1.06 million won ($948) in Germany, 1.07 million won in France and Spain and 1.09 million won in the UK, according to Samsung’s online stores. Korean consumers queue up to attend the Galaxy Note 7’s launch event in Seoul, Friday. (Yonhap)The prices set for European consumers are around
Aug. 19, 2016
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[Contribution] Fintech startups need to give impressive presentation
In late May, Nadeem Shaikh, the founder and CEO of Anthemis Group in the UK, was invited by NongHyup Bank to help Korean fintech startups enter foreign markets more easily. Since we have a fintech center at Gyeonggi Center for Creative Economy and Innovation, his visit to our center was also arranged and 10 Korean fintech startups welcomed him at the center together. I had the honor of hosting the pitching event for Korean fintech startups. Since Nadeem and his Anthemis Group are well known for
Aug. 18, 2016
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[Photo News] Electronic pride display
A model shows the electronic shelf label developed by electronics components firm LG Innotek, which announced Thursday that it would soon provide the electronic price display system to GS supermarkets nationwide. (LG Innotek)
Aug. 18, 2016
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Korea to decide on Google's request for map data next week
South Korea will decide next week whether to allow Google to export government-supplied map data outside the country, officials said Thursday. The Ministry of Land, Infrastructure and Transport, which supervises mapping policy, will hold a meeting with officials from foreign, defense and other-related ministries next Wednesday and make a decision after the meeting, according to them.On June 1, Google requested the Korean government to export the map data, and the government must make a decision
Aug. 18, 2016
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[INTERVIEW] 500 Startups hunts for next unicorn in global market
[THE INVESTOR] For many global startups, a four-month accelerator program of 500 Startups, a US venture capital seed fund, is an eye-opener.The startup accelerator program, held four times a year at two of 500’s offices in Mountain View and San Francisco, is a mixture of collaboration as well as fierce competition among startups from around the world. Mentors, called coaches there, also provide full support in a range of sectors, such as marketing and sales, for the participants.“The two acceler
Aug. 18, 2016
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[Photo News] New home IOT service
KT and Samsung SDS introduce a specialized home monitoring service that uses Internet of Things technology in South Korea on Wednesday. The GiGA IoT Home Premium Pack connects a wall pad installed inside a home to a smartphone, allowing users to monitor the status of their homes. (KT)
Aug. 17, 2016
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Samsung says automotive is next big thing in ICT
A senior researcher at Samsung Electronics said automotive is the next big thing in the information technology sector, at a tech seminar in Seoul on Wednesday.“Automotive will ultimately be the next big thing in the information technology sector and it‘s just a matter of time,” said Kim Do-kyun, a senior researcher at Samsung Electronics’ memory business division, at the Mobile & IoT Forum held in Yangjae, southern Seoul. Automotive has a vast array of electronic components, which include system
Aug. 17, 2016
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Naver's online map service adds real-time traffic information
South Korea's top portal operator Naver will soon launch a new, improved online map service that will not only show its users how to get to a desired destination, but also how to get there in the least time possible, company and government officials said Wednesday.The National Transport Information Center will begin providing its traffic information to Naver, which in turn will use the information to provide online map and mobile navigation services that will offer the currently best available r
Aug. 17, 2016
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Gov't set to widen access to R&D info
The government plans to allow wider access to an Internet site for information on state research and development projects next year in an effort to promote collaborative study and innovation, the science ministry said Wednesday.Starting Jan. 1, the public will be allowed to download information on state R&D projects from the National Science & Technology Information Service, which is reserved for universities, state-funded think tanks and business members.Currently, the general public is permitt
Aug. 17, 2016
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Samsung's share in mobile DRAM market hits record high in Q2
South Korean chip giant Samsung Electronics Co. garnered an all-time high presence in the global mobile DRAM market in the second quarter, data showed Wednesday, apparently helped by increased orders from smartphone makers, in particular, Chinese players.According to the data compiled by industry tracker DRAMeXchange, Samsung Electronics took up 61.5 percent of the mobile DRAM market in the April-June period, up 1.1 percentage points from the previous quarter.Samsung sold $2.42 billion worth of
Aug. 17, 2016
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DJI’s first drone arena opens in Korea
The world’s biggest drone maker DJI is slated to open its first indoor drone arena on Thursday in South Korea. The 1,395-square-meter arena is to open in Yongin, a city in the south of Seoul’s greater metropolitan area, the company said. “We hope this place would be a venue where anyone can enjoy their drones with safety and ease,” said Moon Tae-hyun, DJI‘s manager in South Korea, at the media briefing held on Tuesday. “The diverse programs of DJI arena will help expand the base of drone and est
Aug. 17, 2016
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Samsung to release new smartwatch on Aug. 31
Samsung Electronics said Tuesday that it will release its new smartwatch, the Gear S3, in Berlin later this month. The unpack event will take place at 6 p.m. on Aug. 31, just two days before the German capital holds the Internal Funkausstellung (IFA) tech fair, a leading annual trade show for consumer electronics and home appliances. The invitation sent by the South Korean tech giant suggested that the new smartwatch will inherit features of its predecessor the Gear S2 including its round shape
Aug. 16, 2016
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Scientists develop improved breast cancer treatment
A group of South Korean scientists has developed a new treatment system for breast cancer by enhancing the effectiveness of hormonal treatment, the science ministry said Tuesday.The team led by Park In-cheol discovered that administering dichloroacetate with the hormonal drug tamoxifen increases cell deaths in breast cancer by more than two times, the Ministry of Science, ICT and Future Planning said."Dichloroacetate is originally a drug used to lower lactate density but we have discovered that
Aug. 16, 2016
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Chinese company opens drone arena in Korea
Chinese drone manufacturer DJI said Tuesday that it has opened the world's first indoor drone arena in South Korea in a move to target one of the world's fastest growing industries.The 1,395-square-meter arena in Yongin, about 50 kilometers south of Seoul, allows hobbyists and racers to fly unmanned aerial vehicles safely without restrictions.DJI, which claims 70 percent of the global drone market, said the venue aims to target the South Korean market for content provided by the aerial device."W
Aug. 16, 2016
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Korean makers to face tough global DRAM competition in 2018: reports
Leading global DRAM-makers -- Samsung Electronics and SK hynix -- may face tough competition from 2018 as the mass production of Chinese chipmakers is predicted to raise oversupply concerns, according to industry reports. According to the latest report from market research firm IC Insights, the average selling price of DRAM, or dynamic random access memory, chips is expected to rise through the end of this year and into 2017 due to growing demand for enterprise systems -- for the use of “big dat
Aug. 15, 2016
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Number of HIV, AIDS patients surpasses 10,000 in Korea
The number of human immunodeficiency virus infections and acquired immunodeficiency syndrome patients surpassed 10,000 for the first time in South Korea last year, the health authorities said Friday.A total of 10,502 people tested positive for HIV and were diagnosed with AIDS in 2015, up from 9,615 tallied in 2014, according to the Centers for Disease Control & Prevention.The figure represents a net increase of accumulative records of HIV infections and AIDS patients on a yearly basis, with the
Aug. 12, 2016
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Lotte Homeshopping fined W200m for selling customer data
Korea Communications Commission, the state telecom and media regulator, on Thursday handed Lotte Homeshopping a fine of 200 million won ($182,000) for mishandling customers’ personal data. Lotte Homeshopping is a television shopping channel under South Korean retail giant Lotte Group, which is currently under heavy investigation on charges of embezzlement and bribery.Woori Homeshopping Co., the operator of the Lotte-based TV channel, was found to have sold the personal data of some 29,000 custom
Aug. 12, 2016
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Six in 10 Koreans use 2 or more mobile messaging apps
About six in 10 South Koreans use two or more mobile messaging apps, with KakaoTalk standing as the most-used chat service, a survey showed Friday.According to the survey of 279 people aged between 19 and 59, conducted by market researcher DMC Media, 64.1 percent of respondents said they use two or more mobile messaging apps. The survey found that 35.8 percent use one messaging app, 38.8 percent use two, 16.8 percent use three and 8.6 percent use more than four. Asked why they use multiple messa
Aug. 12, 2016
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Fuel cell vehicles a possible solution to fine dust problem: study
Fuel cell vehicles might just be a solution to various environmental issues, including climate change, as they can help reduce fine dust without even trying, a study by a local automaker showed Friday.According to local industry leader Hyundai Motor Co., a fuel cell electric vehicle can collect up to 20 milligrams of fine dust for every kilometer it travels.An FCEV is a type of hybrid vehicle that uses a fuel cell and a battery to power an electric motor instead of an engine. Because its fuel ce
Aug. 12, 2016
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Various translation devices to assist PyeongChang Olympics athletes
Major South Korean tech firms have recently rolled out a number of automated translation applications for Korean and major foreign languages, industry officials and analysts said Thursday.Co-developed by local software firm Hancom Interfree Inc., and the Electronics and Telecommunications Research Institute, "Genie Talk" is capable of translating Korean, Japanese, English, Chinese, Spanish, French, German, Russian and Arabic.The app will be available to athletes during the 2018 PyeongChang Winte
Aug. 11, 2016