Most Popular
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Army takes group action against Hybe for neglecting BTS
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Debate rages over ‘overly fatty’ samgyeopsal
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Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
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[Weekender] Korean psyche untangled: Musok
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Naver will consider company benefits in deciding on selling Line shares: CEO
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Woman dangling from power lines rescued by residents holding blanket
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Hankook Tire takes over control of Hanon Systems
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[Herald Interview] ‘Time to Be Strong’ follows retired K-pop idols’ self-discovery
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Samsung chief returns from Europe after meeting with Pope, business leaders
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'Huawei eyes Samsung's LTE patents'
Samsung Electronics and Huawei are bracing for a legal battle after the Chinese tech giant sued its Korean rival for infringing its mobile patents last week. In its two lawsuits filed in China and the U.S., Huawei claimed Samsung’s Galaxy S phones had infringed 11 of its 4G network patents. The company asked for compensation but did not request a sales ban of the affected handsets. The logo of Huawei. (AP-Yonhap)Samsung fought back immediately, saying it would counter-sue Huawei. “What Huawei re
June 10, 2016
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Tesla secures upper hand over suppliers
Tesla Motors, upbeat on soaring orders for its new $35,000 full-electric family sedan Model 3, seems to have already secured an upper hand in its upcoming talks with suppliers. Since the much-hyped prototype was unveiled in April, preorders have surged to 276,000 in just three days. Deliveries will start late 2017 but long lines at Tesla stores were reminiscent of the crowds at Apple stores for early models of the iPhone. (Tesla)Now parts makers, especially those making the key parts such as ba
June 10, 2016
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SK C&C aims to earn 2.5 tr won in AI, big data businesses
IT solutions firm to nurture AI, big data businesses SK Holdings C&C, an information technology services firm, said it plans to accelerate its push to transform into a data service company that provides tailored IT services by utilizing up-to-date artificial intelligence and big data technologies.“The emergence of new technology is accelerating digital transformation and disruption across a wide range of industries,” said Lee Ho-soo, chief technology officer of SK Holdings C&C, at a press meetin
June 10, 2016
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Tech firms seek to entice consumers with design
Korean electronics-makers are trying to remain competitive in the cutthroat competition of the global electronics sector by rolling out products with unique and user-friendly designs.Dongbu Daewoo Electronics, the nation’s third-largest electronics-maker, has made some progress in infiltrating the global market with its Klasse front-load washing machine. A model poses with Dongbu Daewoo Electronics' Klasse washing machine. (Dongbu Daewoo Electronics)The washer features what the company calls an
June 10, 2016
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Galaxy S7's success based on quality, marketing, early release
The Galaxy S7's success, according to industry watchers here on Friday, has been due to the combination of three main factors: decent quality, early release and aggressive marketing.Since its debut in March, the new flagship smartphones of Samsung Electronics Co. -- the Galaxy S7 and Galaxy S7 Edge -- have become a global hit, if not a sensation.The combined sales of the two models are estimated to reach 25 million worldwide by the end of June. On Thursday, the South Korean tech giant's share pr
June 10, 2016
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Naver, telecom carriers to take on Google, Apple with new app store
Internet giant Naver and the nation’s top three telecom carriers -- SK Telecom, KT and LG Uplus -- have teamed up to create a mega app store, called One Store, with more than 30 million users.The new app store has combined their own four different platforms for Android-based smartphones and other mobile devices. Users can upgrade one of the apps to use One Store.One Store’s mobile pages (One Store)One Store Corp., an affiliate of SK Telecom, will be responsible for the operation, while Naver has
June 10, 2016
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Gov't ministries team up to develop drones, self-driving cars
South Korea's ICT and transport ministries agreed Thursday to step up cooperation in developing drones, self-driving cars and smart cities.The Ministry of Science, ICT and Future Planning and the Ministry of Land, Infrastructure and Transport are two key government organizations in charge of exploring the nation's fresh growth engines.Top ministry officials held a discussion session on Thursday and attended a demonstration of drones at the Gwangnaru Han River Park in eastern Seoul.ICT Minister C
June 9, 2016
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Korea succeeds in 75-ton rocket engine thrust test
South Korea has succeeded in a ground combustion test for the first- and second-stage engines of its domestic space rocket, a related agency said Thursday.The 75-ton thrust engine test was conducted "smoothly" as planned a day earlier at the Naro Space Center located in Goheung, South Jeolla Province, according to the Korea Aerospace Research Institute. The 75-ton liquid engine is a core technology for the Korea Space Launch Vehicle (KSLV)-II."The duration of combustion was 75 seconds," it said.
June 9, 2016
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KT Music to launch South Korea's first virtual reality music service
South Korean online music content provider KT Music unveiled the country's first virtual reality-backed music service on Thursday."Genie VR," a computer-generated multimedia service that plays the visuals alongside music content, will be provided on a separate section of Genie's mobile app, the music service maker and distributor said during a news conference.The affiliate of mobile carrier KT currently offers two music-streaming services -- Genie Music and Olleh Music. Wearing HMD, or a head mo
June 9, 2016
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Korea plans to breed 3,000 nonhuman primates for animal tests
A state-run think tank on biotechnology said Thursday that it will breed as many as 3,000 nonhuman primates at a colony to be built by the end of next year in a bid to ensure a stable supply of the animals for the country's biomedical research.The state-run Korea Research Institute of Bioscience and Biotechnology held a groundbreaking ceremony to construct the Support Center for Nonhuman Primates Resources on a site of 72,000 square meters in the southwestern city of Jeongeup. The institute will
June 9, 2016
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Panel launched to monitor Samsung’s work safety
An independent ombudsman committee has been set up to ensure workplace safety at Samsung Electronics’ semiconductor and display factories, the committee said Thursday. The Samsung Ombudsman Committee is led by Lee Cheol-soo, the committee chief and a law professor at Seoul National University, Im Hyun-sool, a medical professor at Dongkuk University, and Kim Hyun-wook, a medical professor at Catholic University.“We have formed a panel consisting of the best experts in the field of safety and welf
June 9, 2016
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Debate arises over antihypertensive, anti-impotence drug
Controversy has flared up over South Korean authorities' recent approval of a new drug that premises to treat both high blood pressure and erectile dysfunction.In early May, the Ministry of Food and Drug Safety gave the green light to the antihypertensive and anti-impotence medicine developed by Hanmi Pharmaceutical Co., a leading South Korean drugmaker. It marks the first time that an antihypertensive medication combined with anti-impotence treatment has been approved in South Korea. The new dr
June 9, 2016
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Gov't launches K-ICT 2020 project
South Korea made public a five-year master plan on Thursday aimed at developing the country as a global power in the information security industry.Under the "K-ICT 2020" project, the government will focus on "globalizing" its cybersecurity and other information protection technology.In the face of North Korea's cyber threats, South Korea has continued efforts to fortify its cyber environment.But it has much to be desired to enhance the global competitiveness of the infosecurity sector, which is
June 9, 2016
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Galaxy S7, S7 Edge forecast to sell 15 mln units in Q2: sources
South Korea's No. 1 tech firm Samsung Electronics Co. is forecast to see the combined sales of the Galaxy S7 and the Galaxy S7 Edge reach 15 million in the second quarter of this year, industry sources said Thursday.The sources estimate that Samsung's combined shipments of the Galaxy S7 and S7 Edge will hover at 15 million units in the April-June period. The two models went on sales on March 11. Samsung Galaxy S7 (Yonhap)Noticeably, the sales of the Galaxy S7 Edge, which is more expensive, will
June 9, 2016
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Mistakes should be tolerated for start-ups to be successful
Working for the Gyeonggi Center for Creative Economy and Innovation, I meet wonderful people every day. One of them is Michael Camitz, a senior adviser from Uppsala Innovation Center, Sweden. UIC has been well established for more than a decade. Growth companies within UIC increased their turnover to $51.6 million in 2014. This positive trend allowed them to increase their workforce. In 2014, 601 people were engaged in UIC companies, compared to 552 during the previous year. According to UBI-Glo
June 8, 2016
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Samsung Galaxy S8 likely to come with 4K UHD display
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 Electronics’ flagship Galaxy smartphone models. (UBI Research)“Samsung Display showcased a 5.5 ultra-high definition 4K display with a pixel
June 8, 2016
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[Photo News] Galaxy S7 booth in Caribbean Bay
Swimmers take photos at Samsung Electronics’ Galaxy S7 experience booth Wednesday at the Caribbean Bay water park in Yongin, Gyeonggi Province. (Samsung Electronics)
June 8, 2016
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KT recognized for corporate governance
Network operator KT has been picked as the company most committed to improving corporate governance in Korea, according to a poll conducted by FinanceAsia, a financial magazine based in Hong Kong.The Korean network firm scored 19 points in the “Most Committed to Corporate Governance” category of the poll, followed by KT&G with 17 points and KEPCO with 14 scores. Head office of network operator KT (Yonhap)The Hong Kong-based magazine carries out the poll annually with more than 100 fund managers
June 8, 2016
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SK C&C, CISCO to develop next-generation network management platform
Information technology solutions firm SK C&C and network equipment firm CISCO will be working together to develop a software platform that can manage network and security systems.Yang Yu-seok, the head of SK C&C’s information and communications technology infrastructure business, and Park Jae-beom, the vice president of CISCO, signed a partnership deal for the collaboration at C&C’s office in Pangyo on Wednesday.Yang Yu-seok (left) of SK C&C and Park Jae-beom of CISCO pose after signing a partne
June 8, 2016
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Samsung's smartphone market share edges up in Q1: report
The global smartphone market share of South Korea's top smartphone maker Samsung Electronics Co. edged up in the first quarter of this year, a report showed Wednesday.Samsung took up 24.1 percent of the world's smartphone market in the January-March period in terms of revenue, a slight increase from 21.9 percent posted in Q4 of 2015, according to the latest research by industry tracker Strategy Analytics. LG Electronics Inc. saw its shares go down 0.6 percentage points to reach 2.7 percent, stan
June 8, 2016