Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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Korea’s homegrown nanosatellite successfully launches into space
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Nicaragua shuts down Seoul embassy
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Medical reform committee kicks off despite boycott from doctors
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Hybe's multilabel system tested amid conflict with Ador
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SNU profs to suspend treatment for one day
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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SK hynix pledges W20tr to ramp up DRAM production at home
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Park hosts panel session on science and technology strategy
President Park Geun-hye on Wednesday presided over a national science and technology strategy session to discuss future growth dynamos and ways to breathe fresh life into the country's economy.During the session that followed the inaugural one in May, the panel selected nine strategic projects aimed at securing the nation's new growth engines and enhancing the quality of life for the general populace.The panel designated autonomous vehicles, light materials, the smart city model, artificial inte
Aug. 10, 2016
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Korean electronics firms rush to open plants in Vietnam
South Korean tech firms are rushing to expand their investment in Vietnam in line with their effort to build a new production base in the Southeast Asian country.South Korea's Seoul Semiconductor Co. has won a license to invest $300 million to build a semiconductor production factory in northern Vietnam, industry sources said Tuesday.Last week, the provincial government of Ha Nam gave the green light to Seoul Semiconductor to build the 750,000-square-meter production site that will house a semic
Aug. 9, 2016
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Naver launches new translation app Papago
South Korean Internet giant Naver on Tuesday launched a new automated translation app for four languages -- Korean, Japanese, Chinese and English.The app, Papago, can translate text, speech and images of words or phrases into the target language using Naver’s translation database and self-developed artificial intelligence software, the company said.When deciphering words with multiple possible meanings, Papago shows contextual images to prevent mistranslation. When translating currencies, it aut
Aug. 9, 2016
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Plan to install government app on Galaxy Note 7 faces backlash
A plan by Samsung Electronics to add a mobile application created and distributed by the Korean government to its new Galaxy Note phablet sparked a backlash from the main opposition party and civic groups, which called it an attempt to use technology as a propaganda tool. According to local reports quoting sources in the tech industry, Samsung Electronics has recently decided to include the government app service, named Government 3.0, on the list of apps to be installed automatically on the Gal
Aug. 9, 2016
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[Photo News] Best TV in Russia
Song Dae-hyun (second from left), executive vice president and CEO of LG Electronics‘ Russia operation holds a letter of recommendation by a local media Hi-tech.mail that selected LG Signature OLED TV as the most recommendable product in the TV category this year. (LG Electronics)
Aug. 9, 2016
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Samsung likely to spend more on chips than rivals in H2
Samsung Electronics is expected to spend more on facility investment than its rivals in the second half of this year to maintain its dominance in the 3-D NAND flash segment, amid heated rivalry in the global semiconductor market. According to market research firm IC Insights, Samsung is predicted to increase its capital expenditure by 120 percent in the July-December period from $3.4 billion in the previous half to $7.5 billion. The research firm had earlier forecast that Samsung would spend abo
Aug. 9, 2016
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Chinese smartphone-makers pose rising threat to Samsung
Samsung Electronics is facing competition from the Chinese companies Huawei, Oppo and Vivo, whose combined smartphone market share was 20 percent globally in the second quarter of this year, industry watchers said Monday.According to data from research firm IDC, Samsung Electronics, the world’s largest smartphone-maker, held a 22.4 percent share of the market and Apple’s share stood at 11.8 percent. Huawei took a 9.4 percent share, while Oppo had 6.6 percent and Vivo had 4.8 percent. When the ma
Aug. 8, 2016
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Samsung BioLogics to begin IPO process this week
Samsung BioLogics, a contract manufacturer of biologic drugs under Samsung Group, will apply for preliminary approval to begin its initial public offering process this week, the Korea Exchange said Monday.The South Korean drugmaker plans to submit its application to pursue am IPO on the country’s main bourse KOSPI on Thursday, the KRX said. Under this timeline, Samsung BioLogics will likely complete its public listing by November as scheduled. Samsung BioLogics declined to comment on the potenti
Aug. 8, 2016
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Samsung's iris-reading Note 7 draws attention worldwide
The new Galaxy Note phablet by Samsung Electronics Co. is drawing attention worldwide with its iris-scanning feature that allows a user to unlock the smartphone in the blink of an eye. Samsung unveiled the phablet, the successor to the Note 5, in New York earlier this week in a bid to keep up the momentum of its smartphone sales after widening its lead over Apple Inc. in the global smartphone market this year. The launch of the Galaxy Note 7 came ahead of the latest iPhone launch, expected in th
Aug. 8, 2016
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Netmarble seeks W2tr stock debut on KOSPI
South Korea’s No. 1 mobile game developer Netmarble Games is seeking to go public on the nation’s benchmark stock exchange KOSPI in the coming months. The company has long gauged its initial public offering in Korea or the U.S. as part of its push for global expansion. A NASDAQ debut could help it elevate its presence in overseas markets but there was risk of being undervalued as compared to KOSPI. Netmarble founder Bang Joon-hyuk (Netmarble)Sources say its recent failed attempt to acquire Playt
Aug. 7, 2016
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Samsung adds touch of technology to Meatpacking District in New York
NEW YORK -- Sprawling roughly between West 16 Street and Hudson Street in Manhattan, the Meatpacking District was where meat factories were up and running in the early 1900s. The blocks in the area, currently filled with upscale restaurants and bars and fashion boutiques, have since become the gem of New York City, attracting millions of tourists, partygoers and locals every year.Samsung Electronics opened its marketing center, dubbed Samsung 837, in the heart of the district at Washington Stree
Aug. 7, 2016
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Samsung hints at streamlining flagship Galaxy S lineup
NEW YORK -- When Samsung Electronics first launched the Galaxy S6 Edge featuring a curved display in 2015, it caught the eyes of many thanks to its stunning, unprecedented design.However, Samsung fell short of gaining traction in sales as it failed to catch up with the demand for the S7 Edge due to glitches in producing the display curved on both sides.Now having achieved a rather satisfactory level of production yields for the Edge display, Samsung said it would put more focus on smartphone mod
Aug. 7, 2016
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Korean mobile carriers announce subsidy plan for Galaxy Note 7
South Korea’s three mobile carriers SK Telecom, KT and LG Uplus announced their subsidy plans for the Samsung Galaxy Note 7 on Saturday as they began receiving preorders for Samsung Electronics’ latest smartphone on the day.Under current law, local smartphone buyers who purchase a smartphone and sign up for a payment plan here can choose from one of the following two subsidies -- an upfront, one-time subsidy that can be used in purchasing a new device, or a monthly 20 percent discount on the use
Aug. 7, 2016
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Samsung Galaxy Note 7 preorders start in S. Korea
South Korea's three mobile carriers -- SK Telecom Co., KT Corp., and LG Uplus Corp. -- said Saturday they began taking preorders for Samsung Electronics Co.'s latest Galaxy Note 7, which is expected to hit the local market later this month.South Korean customers can preorder the smartphone on the operators' web sites. Preorders for the newest Galaxy phablet can also be made at the mobile carriers' local retail stores.The Galaxy Note 7 with 64GB of capacity is priced at around 988,900 won (US$880
Aug. 6, 2016
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Will Apple Music rock Korean market?
Apple Inc. surprised the local music and mobile service industry Friday by abruptly launching its streaming music service Apple Music in South Korea. The tech giant simultaneously launched Apple Music in 110 countries in July of last year, but had left it unserviced in the South Korean market for more than a year.Its sudden decision to start up the service drew mixed reactions, raising questions on its impact on the music service industry here, which has so far been dominated by local firms.Kore
Aug. 5, 2016
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Star designers back Apple in patent dispute
Star designers sided with Apple in a longstanding court battle with Samsung Electronics, according to news reports. More than 100 design experts told the U.S. Supreme Court that Samsung should pay the hundreds of millions of dollars in damages to Apple for infringing the patented designs of iPhone, in a brief filed with the court on Thursday. The big names include Calvin Klein, Paul Smith and Alexander Wang and Lord Norman Foster, who is the designer behind Apple’s Campus 2 project.The Supreme C
Aug. 5, 2016
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Powervoice in the spotlight for its speaker verification solution for e-payments
Powervoice, a voice recognition company, announced on Aug. 1 that the company and BC Card would be releasing a mobile speaker recognition service within the year.The speaker recognition service is a program that uses voice biometric software to certify e-payments through a sample of the user’s voice saved on a smartphone instead of a PIN number.Founded in 2002, Powervoice is a voice and speaker recognition solution company with annual revenues of 5.2 billion won ($4.7 million) as of 2015. Until
Aug. 5, 2016
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[Photo News] Galaxy S7 Edge Olympics edition
Brazil’s water polo national team members pose on Wednesday after receiving Galaxy S7 Olympic Edition smartphones at the Samsung Electronics’ Galaxy Studio set up inside the athlete’s village in Rio. Samsung is a Worldwide Olympic Partner for wireless communication equipment at the 2016 Summer Olympics.(Samsung Electronics)
Aug. 4, 2016
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50 Naver, Daum, KakaoTalk accounts wiretapped in H1
South Korean Internet giants Naver and Kakao together provided the government access to a total of 50 user accounts upon the state's request to wiretap them for investigative purposes during the first half of this year, records revealed by the two companies showed Wednesday.All Korean companies are currently mandated by law to hand over personal user data, such as chat records and emails, to the government, which can request such information for serious criminal investigations, Kakao said.Naver
Aug. 4, 2016
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LG unveils September launch date for V20
LG Electronics on Thursday announced plans for the worldwide launch of its premium large-size smartphone LG V20 early next month. Its first launch event is set for San Francisco on Sept. 6, with another in Seoul on Sept. 7.The South Korean electronics-maker sent out a poster invitation to local and global media titled “Play More,” featuring the image of a pop-up book and text reading “The second story begins, LG V20.”The LG V20 -- categorized as a “phablet,” a combination of a phone and tablet -
Aug. 4, 2016