Most Popular
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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S. Korean children, teens grow taller, mature faster than before: study
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Army takes group action against Hybe for neglecting BTS
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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[Graphic News] Number of coffee franchises in S. Korea rises 13%
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Some junior doctors are returning: Health Ministry
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Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
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Woman dangling from power lines rescued by residents holding blanket
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Naver will consider company benefits in deciding on selling Line shares: CEO
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LG to nurture white hat hackers
[THE INVESTOR] Tech behemoth LG Electronics has rolled up its sleeves to nurture “white hat hackers,” or computer security experts. The leading electronics firm said it signed a memorandum of understanding with the Korea Information Technology Research Institute to foster security experts, on Monday at Best of Best education center, an educational institute for information technology security, in Gangnam. LG Electronics’ Min Kyung-oh (left) and Yoo Joon-sang, the president of the Korea Informati
June 14, 2016
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Samsung seeks to attract global investments
[THE INVESTOR] The fourth week of June will probably be one of the busiest weeks this year for tech giant Samsung Electronics as it is slated to hold, as well as participate in, a series of meetings and events to entice global investors.The Korean tech giant will be holding a global strategic meeting with the top executives of its global offices from June 21 to 22 at the firm’s head office in Suwon. Lee Jae-yong, vice chairman of Samsung Electronics. Around 400 to 500 chiefs and executives of Sa
June 14, 2016
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[EXECUTIVE REVIEW] Merck Korea CEO flies DJI’s Phantom 4 drone
[THE INVESTOR] The Phantom 4 is the newest drone model by Chinese tech firm DJI. It is based on the DJI’s classic Quadro-Copter design of the Phantom series, with an X-shaped body, four propellers and a high-end camera mounted in a gimbal within a robust landing gear below the main body. Compared to the previous model Phantom 3, the body is streamlined. It has no edges or openings and the base plate of the gimbal with the SD card slot is integrated into the main body. The downward-looking sensor
June 14, 2016
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Samsung Galaxy S8 likely to come with 4K UHD display
[THE INVESTOR] Samsung Electronics’ next flagship smartphone, tentatively dubbed Galaxy S8, is likely to come with a 5.5-inch, 4K UHD display, a market research firm said Wednesday. The Korean tech giant would become the first smartphone-maker to pack 4K resolution into its flagship smartphone, even though Sony last year released the Z5 Premium with such a panel. “Samsung Display showcased a 5.5 ultra-high definition 4K display with a pixel density of 806 ppi for virtual reality devices at the
June 13, 2016
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Samsung Display doubles OLED shipments in Q1
[THE INVESTOR] Samsung Display’s shipments of organic-light emitting diode panels have more than doubled over the past year, as global smartphone manufacturers, including those in China, are increasingly adopting OLED displays. UBI Research, a local market research firm that specializes in OLED, estimates that Samsung’s OLED shipments have soared to about 86.7 million units in the first three months of this year. The research results were obtained by The Investor, an online English business webs
June 13, 2016
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Gov't poured 18.9 tln won in R&D in 2015: ministry
The South Korean government invested a total of 18.9 trillion won ($16.5 billion) in research and development in 2015, up 7 percent from a year earlier, an official tally showed Monday.The government supported 54,433 tasks in 639 projects nationwide, according to the Ministry of Science, ICT and Future Planning.It reported the data to the National Science & Technology Council.Ministry officials pointed out that the 7-percent on-year increase in R&D spending is higher than the 5.7-percent hike in
June 13, 2016
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Line’s IPO might burden Naver: analysts
[THE INVESTOR] July’s stock debut of Tokyo-based Line Corp., the mobile messenger platform owned by Korean portal Naver Corp., could be a burden for the tech giant initially, market watchers say, but it would likely benefit Naver’s share price down the road. Line on Friday announced that it is seeking to sell 35 million new shares through its initial public offering, raising as much as 113 billion yen ($1.06 billion). The new shares, which will be offered at 2,800 yen per share, will begin tradi
June 13, 2016
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Number of blood donors jumps nearly 20% over 4 yrs
The number of blood donors in South Korea jumped nearly 20 percent over the past four years on the back of the rising participation of teenagers and twenty-somethings, the health ministry said Monday.About 3.08 million people donated blood last year, up 17.8 percent from 2.61 million tallied in 2011, according to the Ministry of Health and Welfare.Out of the total contributors, 1.33 million people, or 43 percent, were in their 20s and 1.05 million, or 34 percent, were teens.Those in their 30s ac
June 13, 2016
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[Exclusive] Samsung Display doubles OLED shipments in Q1
[THE INVESTOR] Samsung Display’s shipments of organic-light emitting diode panels have more than doubled over the past year, as global smartphone manufacturers, including those in China, are increasingly adopting OLED displays. UBI Research, a local market research firm that specializes in OLED, estimates that Samsung’s OLED shipments have soared to about 86.7 million units in the first three months of this year. The research results were obtained exclusively by The Investor. Over the same perio
June 13, 2016
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Samsung Electro-Mechanics to launch IC packaging business
[THE INVESTOR] Samsung Electro-Mechanics, an electronic parts affiliate of Samsung Group, is preparing to dive into the integrated circuit packaging industry, according to news reports on Monday.Joining hands with Samsung Electronics, a chip maker, the electronic components firm will likely plan to win new supply contracts of chips for smartphone makers, including U.S.-based Apple. Workers at Samsung Electronics’ chip assembly line in Xian, China, pose with the firm’s NAND flash memory wafer. (S
June 13, 2016
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Samsung SDS faces fierce opposition over split-off plan
A group of small investors intend to pay another visit to the head office of Samsung SDS, an information solutions business arm of Samsung Group, to protest the company’s planned split-off of its logistics solution business.Samsung SDS Small Investors’ Group said Monday that it would visit the firm on Tuesday afternoon to express its objection toward the proposed split-off plan.A man passes by Samsung SDS’ head office in Seoul. (Yonhap)“During the previous visit to the company, a Samsung SDS exe
June 13, 2016
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8 Chinese firms among top 12 smartphone makers in Q1: data
Eight of the world's top 12 smartphone vendors were Chinese brands, while market leader Samsung Electronics Co. and No. 2 Apple Inc. suffered a slight decline in their market shares in the first quarter of the year, industry data showed Monday.The South Korean tech giant sold 81.5 million smartphone units around the globe in the January-March period, according to the data compiled by the industry tracker IC Insights.Its archrival Apple sold 51.6 million units during the cited period, the data sh
June 13, 2016
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'Samsung Display's automotive push late but in right direction'
SHENZHEN, China -- Samsung Display’s latest automotive push may have come late but it is the right direction for its future profitability, a top analyst told The Korea Herald. “Car is becoming an electronic, smartphone-based device. And you need displays to go with it,” said Paul Gray, principal analyst of market research firm IHS.“Those applications are also far more valuable. You are working with companies where you can secure businesses for three to five years as opposed to consumer electroni
June 11, 2016
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OLED iPhone renews competition among display makers
[THE INVESTOR] Apple’s adoption of an organic-light emitting diode screen is renewing competition among display makers. According to recent news reports, Samsung has signed a deal with Apple to supply an annual 100 million OLED panels from the second quarter of next year for three years. Apple iPhone 6s Plus (Yonhap)“For now, Samsung is the only company that meets Apple’s strict product criteria. But considering its strategy of having multiple suppliers, LG and other display makers could share a
June 10, 2016
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NHN’s Line to go public in Tokyo, New York
[THE INVESTOR] Line Corp., a Tokyo-based mobile messenger platform owned by Korean Internet giant NHN Corp., will go public on main stock markets in New York and Tokyo next month, the company said Friday. In a regulatory filing, the company said it will start trading its shares on the Tokyo stock market on July 14th and in New York on 15th.The logo of mobile messenger Line. (Naver)The company will issue 35 million new shares offered at 2,800 yen ($26.20) per share. Goldman Sachs, JPMorgan, Morga
June 10, 2016
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Blizzard CEO bets on human in StarCraft match against AI
Following the historic Go match last month, which ended in a 4-1 victory for the artificial intelligence software AlphaGo, the AI software’s developer Google DeepMind has said that its next target could be real-time strategy game StarCraft.Over the past weeks, top officials from DeepMind, and Blizzard, the developer behind the online game, have met to have discussions for the possible return match between humanity and AI on a different battle field. Blizzard CEO Michael Morhaime. (Yonhap)During
June 10, 2016
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KT teams up with China Mobile for 5G
Korea's leading network operator KT Corp. said April 1 that it would beef up its partnership with China Mobile for the next-generation network 5G and connected network services.“Global cooperation is especially important to have future telecom technologies in place,” said KT chief executive Hwang Chang-gyu at a workshop held at the head office of China Mobile on Thursday.Hwang met China Mobile‘s top executives, including chairman Shang Bing, to discuss 5G initiatives and other pending network is
June 10, 2016
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Samsung, de Grisogono to debut 'super-luxury' Gear S3
Samsung Electronics and Swiss luxury jeweler de Grisogono have agreed to jointly launch a so-called “super-luxury” limited edition of the Samsung Gear S3, a next-generation smartwatch that is set for official release later this year. “We are currently collaborating with Samsung to develop its next-generation smartwatch,” a de Grisogono official told The Korea Herald. The Samsung Gear S2 by de Grisogono (de Grisigono official website)The official added that the jeweler was approached by Samsung,
June 10, 2016
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Ericsson-LG demonstrates 5G network tech in Korea
Ericsson-LG demonstrated the next-generation network 5G on May 12 in Korea, marking the first time that the network equipment manufacturer had showcased the network in the nation. The 5G network equipment used for the demonstration offered a peak download speed of 26 gigabit per second, around 350 times faster than the current Long-Term Evolution network. Ericsson-LG demonstrates the 5G network in Korea on May 12. (Ericsson-LG)“I feel proud of the Ericsson-LG researchers at the Anyang R&D cente
June 10, 2016
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Samsung to counter-sue Huawei
Samsung Electronics on Wednesday hinted that it might file a counter-suit against Huawei, which has sued the Korean company in the U.S. and China for infringing its technology patents. “We will take countermeasures, including a lawsuit (against Huawei),” Ahn Seong-ho, head of Samsung’s intellectual property division, told reporters after a weekly meeting of Samsung CEOs in Seoul. The head office of Samsung Group in Seoul. (Samsung Group)His comment came after the Chinese equipment giant filed p
June 10, 2016