Most Popular
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[Exclusive] Korean military set to ban iPhones over 'security' concerns
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Korean, Romanian leaders discuss defense tech, nuclear energy
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S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
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Yoon’s jailed mother-in-law excluded from latest parole list
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Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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[Pressure points] Leggings in public: Fashion statement or social faux pas?
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Korea’s homegrown nanosatellite successfully launches into space
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Nicaragua shuts down Seoul embassy
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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Information security solution “ZombieZERO” detects and kills new and modified malware in one minute
Information security solution company NPCore (CEO Han Seungchul) has recently upgraded its information security product “ZombieZERO,” giving it the capability to detect and root out ransomware*, a type of malicious software (malware). It also upgraded the mobile version of the product, which was launched last year. As a result, ZombieZERO is now a comprehensive information security product capable of protecting against a variety of malware threats, including data leakage, network disruptions, an
April 12, 2016
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LGE, K-water to develop floating solar power plant
Local tech giant LG Electronics has teamed up with state-run Korea Water Resources Corp., better known as K-water, to develop floating solar power plants.Floating solar power plants produce electricity from solar panels that are placed on the surface of ponds or reservoirs. The plants are said to be 10 percent more energy-efficient than land-based solar power plants. LG Electronics’ energy business center chief Lee Sang-bong(right) and K-water president Choi Gye-woon pose at a memorandum of unde
April 12, 2016
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[Newsmaker] Kakao’s profit estimates nosedive
Kakao, the operator of South Korea’s most-used mobile messenger, is likely to see its profits nosedive in the first quarter despite its aggressive moves to expand mobile and offline businesses, analyst reports said Tuesday. However, the company’s issuance of convertible bonds worth 250 billion won ($219 million) will clear the uncertainty over its funding needs, they said.Kakao’s net profit in the first quarter is expected to have plunged 45.3 percent year-on-year to 22.1 billion won, and operat
April 12, 2016
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[Photo News] Samsung rotating laptop
SAMSUNG ROTATING LAPTOP -- Samsung Electronics on Tuesday unveiled its Samsung Notebook 9 Spin, a laptop with a rotating touch screen display that also works like a tablet PC. (Samsung Electronics)
April 12, 2016
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Korean team develops graphene-utilized solution to collecting spilled oil
Korean scientists have developed a vessel made of the new material graphene that can bring about an important yet basic solution to tackling pollution-causing oil spills, they said Tuesday.A team of researchers from Seoul National University, led by the school's mechanical and aerospace engineering professor Kim Yong-hyup, devised the autonomous graphene vessel for suctioning and storing the liquid body of spilled oil. Graphene (123RF)Graphene, a thin layer of pure carbon, is known as a wonder
April 12, 2016
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[Graphic News] VR headset market will be led by Oculus, HTC, and Sony
The “big three” of the world’s virtual reality sector -- Oculus, HTC, and Sony -- will go head-to-head this year, according to market research firm Strategic Analytics.Worldwide sales of virtual reality headsets are expected to stand at $895 billion this year, of which the three VR firms will account for 77 percent. The report did not give details on the market share of each firm. The research firm, however, anticipated that the three brands will only make up 13 percent of the global shipment vo
April 11, 2016
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LG Electronics sees nearly 70% surge in profit in Q1
Tech giant LG Electronics’ operating profit surged nearly 70 percent in the January-March period, according to its earnings guidance released Monday. The company said it posted 505 billion won ($441 million) in operating profit and 13. 4 trillion won in revenue, up 65.5 percent and down 4.5 percent, respectively, compared to the same period last year. LG Electronics CEO Jo Seong-jin attends a press conference in Seoul in March. (Yonhap)The operating profit beat previous market estimates in a ran
April 11, 2016
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Samsung Serif TV aims to be ‘iPhone in TV’
Samsung Electronics is hoping to have its own iPhone moment with its new stylish TV set called Serif TV. “This is the iPhone of TVs,” said a Samsung executive at the company’s TV business division. “We have long worked on a product that would have a similar appeal as iPhones. This is the product that will notch up our brand image,” he said on condition of anonymity.The Serif TV is the culmination of Samsung’s upscale push across its product lineup in recent years. Designed by renowned French des
April 11, 2016
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Korean software firm to take on Microsoft in OS market
Korean software developer Tmax said Monday it would roll out a new operating system for personal computers, called TmaxOS, in a bid to increase its presence in the PC OS market, which has long been dominated by Microsoft’s Windows.Deploying a set of Unix technology standards, TmaxOS boasts a high level of software security and a better user interface than any other PC OS available on the market, according to the firm. The headquarters of TmaxSoft in Bundang, Gyeonggi Province (TmaxSoft)“A lot o
April 11, 2016
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[Photo News] Samsung's new robot vacuum
SAMSUNG’S NEW ROBOT VACUUM – Samsung Electronics on Monday unveiled its new robot vacuum cleaner Powerbot. The vacuum, priced at 1.59 million won, has double the suction power compared to its previous model, according to the company. (Samsung Electronics)
April 11, 2016
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[Photo News] LG OLED lures China
LG OLED LURES CHINA -- LG Display, one of Korea’s leading display-makers, won a top prize for innovative technology at the China Information Technology Expo 2016, an annual electronics fair, held in Shenzhen, China, last week. (LGD)
April 11, 2016
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Wild tiger population on rise
After years of concerted efforts by the international community, the number of wild tigers has increased to 3,890 last year from the 2010 estimate of 3,200, World Wildlife Fund said Monday.The figure compiled by International Union for Conservation of Nature can be attributed to multiple factors including an increase in tiger population in India, Russia, Nepal and Bhutan, and enhanced protection of the endangered animal in countries. (Wild Tiger, India © Joseph Vattakaven / WWF)“For the first ti
April 11, 2016
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LG Electronics to give early heads-up on Q1 earnings
LG Electronics plans to issue its very first “earnings guidance” Monday, giving investors an early heads-up on its first quarter results slated to be out later this month. According to industry sources, the company will unveil its official prediction on revenue and operating profits for the January-March period after Monday’s local stock market close at 3 p.m. The Seoul-based firm is scheduled to make a full report at the end of April. Forecasts from Korea’s 20 brokerage houses have its Q1 reven
April 10, 2016
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LG develops world’s first UHD TV chip
LG Electronics said Sunday it has developed the world’s first TV reception chip that allows streaming ultrahigh-definition content without a separate set-top box. The breakthrough comes as global broadcasters are bracing for the next-generation digital-based UHD terrestrial broadcasting that offers diverse additional services as well as boasting better picture quality. The Korean government plans to start the broadcasting from February next year. LG is a leading player in ROUTE, or real-time o
April 10, 2016
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Samsung Galaxy sales up 30% in U.S.
Samsung Electronics’ flagship Galaxy S7 is off to a promising start, with its sales in the U.S., the home turf of its archrival Apple’s iPhone, soaring 30 percent in the first month of sales from a year ago. According to a survey by analyst firm Counterpoint Research, the Galaxy S7 and its Edge variant have sold more than 10 million units over the past month since their global launch on March 11. The figure is up 25 percent from that of predecessor Galaxy S6 last year, found the survey based on
April 10, 2016
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Sentinel to host evening yoga program
Fitness brand Sentinel is hosting an evening yoga program aimed at awakening the senses, it announced Friday. Titled “Awaken Six Senses,” the program features activities like “Chocolate Meditation” and “Mirror Game” that stimulate the senses and the subconscious. “The program features both peaceful meditation and dynamic yoga positions that will allow participants to sweat and work together, communicating and receiving energy from each other. It is a community party,” said Lachlan Winner, Senti
April 8, 2016
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[Photo News] President's visit to innovation center
PRESIDENT’S VISIT TO INNOVATION CENTER -- President Park Geun-hye (left) and LG Group chairman Koo Bon-moo look at products made by venture companies based at the Center for Creative Economy and Innovation in North Chungcheong Province, a start-up incubation center run by the conglomerate, on Friday. (Yonhap)
April 8, 2016
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[Photo News] KT, Nokia test compact base station
KT, NOKIA TEST COMPACT BASE STATON -- Executives and researchers from telecommunications firm KT and network equipment firm Nokia demonstrate a small cell base station based on the Long-Term Evolution-Wi-Fi aggregation technology for the first time in the world. The mobile network base station combines LTE and Wi-Fi signals to enable fast network communication in an efficient manner. (KT)
April 8, 2016
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Samsung SDS likely to see drop in Q1 earnings
Information technology solutions developer Samsung SDS, once considered as a key Samsung Group affiliate in the inheritance process of the conglomerate’s owner family, is struggling as it is expected to see a significant drop in earnings in the first quarter of this year. Some analysts speculated the recent struggles are largely because the hype over its role in the family inheritance has fizzled.Chung Yoo-sung, chief executive of Samsung SDS. (Samsung SDS)Its share price dropped to a record low
April 8, 2016
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[Photo News] LG HQS brightens with G5
LG HQS BRIGHTENS WITH G5 -- LG Electronics said Friday it has begun the G5 Time event, in which it turns on the lights at the firm’s head office in Seoul to depict the name of its flagship smartphone G5. The light show will run from 9 p.m. through midnight daily for the next two months. (LGE)
April 8, 2016