Most Popular
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Contentious grain bill put directly to plenary meeting for vote
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Yoon's approval rating plunges to all-time low
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Will tug-of-war between doctors, government end soon?
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Climate impacts set to cut 2050 global GDP by nearly a fifth
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Trilateral talks acknowledge ‘serious’ slumps of won, yen
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[Graphic News] More Koreans say they plan long-distance trips this year
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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
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North Korea removes streetlights along cross-border roads with South
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Farming households dip below 1m for first time in 2023
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Samsung names 33 research projects to sponsor
Samsung Group on Thursday announced 33 research projects it intends to fund in the first half of this year. The group has sponsored a total of 231 research projects in basic science and material and information and communications technology fields since August 2013 as part of its efforts to help the nation secure futuristic fundamental technologies.The group plans to spend 1.5 trillion won ($1.3 billion) by 2022. This year’s list includes a study on sustainable amino acid synthesis by Seoul Nati
April 7, 2016
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Kakao in chaebol dilemma
In July last year, when President Park Geun-hye invited 17 business leaders to Cheong Wa Dae for a luncheon meeting, people within the Internet industry felt they were now living in a different world. Among the high-profile figures from conglomerates such as Samsung and Hyundai were heads of Naver and Kakao, the nation’s top two Internet companies and the most successful venture firms. President Park Geun-hye (right) listens to Kakao board chairman Kim Beom-soo on the company’s Internet-based
April 6, 2016
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Mobile motel booking firm draws W15b investment
Yanolija, a local motel booking company, has pulled fresh investment worth 15 billion won ($13 million) from investors from the U.K. and Korea, it said Wednesday.SL Investment Management of the U.K. and a Seoul-based investor, Partners Investment, have decided to invest in the motel booking business, which has been logging growth in recent years. The logo of motel booking service Yanolja (Yanolja)Established in 2007, the motel booking business posted 36.7 billion won in sales in 2015, up 82 perc
April 6, 2016
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LG Display to build OLED display module factory in Vietnam
LG Display, one of Korea’s leading display manufacturers, said Wednesday it has signed a deal with the city government of Hai Phong, the third-largest city in Vietnam, to build a display module factory there.The Korean display firm will first spend $100 million to establish a local office in the city and begin construction of the factory later this year. It will start operating the factory next year.Jeong Cheol-dong (fourth from left), LG Display chief production officer, and Le Van Thanh (fourt
April 6, 2016
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Ho-Am Prize winners named
The Ho-Am Foundation on Tuesday announced the six recipients of its annual prize, often referred to as the Korean equivalent of the Nobel Prize. The winners include: Kim Myung-sik, professor of Imperial College of London; Oh Joon-ho, professor of Korea Advanced Institute of Science and Technology; Larry Kwak, director of the Toni Stephenson Lymphoma Center at City of Hope Hospital in Los Angeles; poet Hwang Dong-kyu; and Kim Hyun-soo and Cho Soon-sil, cochairmen of Wahaha, a charitable organizat
April 5, 2016
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Global competition shows technology aids weight loss
MIAMI (AFP) - A friendly international competition to encourage exercise using pedometers and online tools was successful in helping people lose weight and improve their fitness over the course of three months, researchers said Sunday. The results of the study -- based on self-reported data from 68,000 people who participated in the virtual event known as Stepathlon -- were presented at the American College of Cardiology's annual meeting in Chicago. Stepathlon is run by a start-up company in Mum
April 5, 2016
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Sony launches world’s smallest portable speaker
Sony launched three new additions to its h.ear audio accessory lineup, including the world’s smallest portable speaker h.ear go, in Seoul on Tuesday. The h.ear go, consisting of two 35-millimeter full-range speakers, weighs only 790 grams. Loaded with dual tweeters as well as dual passive radiators at the front and the back, the speaker offers high quality full sound despite its compact size. And the battery life is a whopping 12 hours. Singer IU, a Korean ambassador for Sony, poses with the h.
April 5, 2016
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Samsung extends its lead in DRAM sector
Samsung Electronics, the world’s second largest semiconductor firm, has achieved a breakthrough in the global chip sector by successfully mass-producing a 10-nanometer-class DRAM chip, the company said Tuesday. The new 8-gigabit double-data-rate-4 (DDR4) DRAM chip -- based on 1x nanometer chip design and manufacturing technology -- will place the Seoul-headquartered chipmaker in an unrivaled position, according to the firm. Sams
April 5, 2016
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[Photo News] LG 'No Kid Hungry' campaign
LG ‘NO KID HUNGRY’ CAMPAIGN -- LG Electronics on Monday held a fund-raising event to feed children, called “No Kid Hungry,” at the National Building Museum in Washington. The Korean tech giant also offered its latest premium LG Black Stainless Steel Series for the cooking program for participating families. (LG Electronics)
April 5, 2016
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[News Focus] 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 Friday, 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. Now parts makers, especially those making the key parts such as batteries an
April 4, 2016
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Government to invest W100b to develop supercomputers
The Korean government has rolled up its sleeves to develop more advanced supercomputing systems than AlphaGo after the artificial intelligence by Google’s DeepMind defeated the nation‘s human Go master last month.Behind the learning and calculation prowess of AlphaGo are supercomputing systems made of more than 1,400 central processing and graphic processing units and application software.China’s supercomputer Tianhe-2 (Yonhap)The Ministry of Science, ICT and Future Planning announced Monday a p
April 4, 2016
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12cm begins smart stamp service at Japan’s FamilyMart
On March 30, the O2O (Online to Offline) service company 12cm (CEO: Jeong Gyoun Han) announced that it recently began offering its smart stamp service at FamilyMart, the well-established Japanese convenience store franchise chain. 12cm’s smart stamp service uses a stamp-type system designed exclusively for use with smartphone touchscreens to connect mobile coupons, tokens, and gift cards with offline stores and conduct promotional events. The service currently being offered “stamps” a coupon int
April 4, 2016
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[Photo News] Samsung Activewash gains traction
SAMSUNG ACTIVEWASH GAINS TRACTION -- Samsung Electronics said Monday that sales of its Activewash top-load washing machine, featuring a plastic built-in sink on top for hand-washing fragile items, has surpassed the 2-million mark since its launch in February 2015. The company said the washer was sold every 20 seconds -- the fastest sales pace among Samsung washing machines -- in 33 countries, including Korea and the U.S. (Samsung Electronics)
April 4, 2016
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[Newsmaker] G5 steers turnaround of LG’s mobile unit
LG Electronics has made diverse new experiments with its smartphones such as the leather-clad G4 and dual-camera phone V10 over the past year. The phones were great but received little acknowledgement from customers.The company has recently come up with another unprecedented phone in the market -- the world’s first modular smartphone G5. But this time the initial market reaction seems quite different, with orders soaring. According to telecom carriers and retailers, the phone sold more than 15,
April 3, 2016
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KT teams up with China Mobile for 5G
Korea’s leading network operator KT Corp. said Friday 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. KT CEO Hwang Chang-gyu (left) poses with China Mobile chairman Shang Bing after a meeting in Beijing on Thursday. (KT)Hwang m
April 1, 2016
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[Photo News] Lezhin webtoon award
WEBTOON AWARD -- The winners of the second World Comics Contest, an annual online comics competition organized by Lezhin Entertainment, pose at the award ceremony held in Seoul on Friday. Cash prizes, worth 150 million won ($130,000), were awarded to 12 or webtoons, including “Killing Stalking,” “Pandora’s Choice” “Maison de Maid” and “Royal Servant.” (Lezhin Entertainment)WEBTOON AWARD -- The award ceremony of the second World Comics Contest, an annual online comics competition organized by Lez
April 1, 2016
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Vietnam needs advanced medical wastewater treatment technology
Following is a contribution by AIC Company General Director Dr. Nguyen Thi Thanh Nhan. – Ed.Currently, Vietnam has nearly 13,700 medical facilities, including 1,260 hospitals; 1,037 prevention medical facilities; 100 training institutions; 180 pharmaceutical production facilities and more than 11,100 medical centers at the ward and commune level. The total amount of medical wastewater from hospitals and medical facilities is around 125.000-150.000 m3/day and night.Medical wastewater of hospitals
April 1, 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. Blizzard CEO Michael Morhaime (right) takes part in a media interview in Seoul, Friday. (Kim Young-won/The Korea Herald) Over the past weeks, top officials from DeepMind, an
April 1, 2016
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[Newsmaker] Samsung’s semiconductor chief becomes highest-paid CEO
Samsung Electronics vice chairman and semiconductor business division chief Kwon Oh-hyun was the highest-paid Korean CEO last year, with total earnings of 14.95 billion won ($13 million). His pay has soared nearly 60 percent over the past year, largely driven by the chip division’s robust sales. The division posted a record 12.79 trillion won in operating profits last year. Samsung Electronics vice chairman and semiconductor business division chief Kwon Oh-hyun speaks at a shareholders meeting o
March 31, 2016
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LG Innotek unveils upgraded wireless charging modules
Korean electric component maker LG Innotek has unveiled its new wireless charging modules with a charging speed that is three times as fast as its conventional peers. LG Innotek’s new modules are capable of delivering 15 watts of output power, the same as wired charging modules. But they can be charged three times faster than existing 5-watt wireless charging modules. A model poses with a wireless smartphone charger pad installed with LG Innotek’s 15-watt power-receiving modules. (LG Innotek)Th
March 31, 2016