Most Popular
-
1
Yoon sorry for shortcomings but insists policies were right
-
2
1 in 3 Koreans live alone, family types becoming diverse
-
3
S. Korea ‘strongly’ protests Japan’s claim over Dokdo in diplomatic bluebook
-
4
US 'incredibly concerned' about suspected NK-Iran military ties
-
5
Korea, Japan finance chiefs vow to tame rampant FX market volatility
-
6
Korean won weakens amid heightened uncertainty
-
7
Seoul says will cut power to porn festival planned on Han River
-
8
Sewol victims commemorated on tragedy's 10th anniversary
-
9
K-pop group's manager dismissed for setting up spycam in theater dressing room
-
10
Chanel, Louis Vuitton see muted growth in Korea
-
Strada Worldwide recognized overseas in the smart advertising industry
Strada Worldwide is a smart media solutions company that merges advertisements with information and communications technology. It creates advertisements using virtual reality (VR) and augmented reality (AR) devices and installs them at airports, movie theaters and shopping malls. In December 2015, visitors were captivated by a VR “play zone” that was set up at the Pangyo headquarters of the Gyeonggi Center for Creative Economy & Innovation, a sponsor of Strada Worldwide. VR is a technology that
Feb. 25, 2016
-
[Photo News] LG Electronics donation in Kenya
KENYA DONATION – LG Electronics senior vice president Lee Chung-hak (left) talks with a girl who was given an artificial leg from the Korean tech giant in Nairobi, Kenya, Wednesday. Over the past 10 years, LG has donated prosthetic limbs for people who suffered injuries during wars in the African country. (LG Electronics)
Feb. 25, 2016
-
Telecom rivals clash over SKT’s merger plan
Korea’s three major telecom firms -- SK Telecom, KT and LG Uplus -- clashed again over SKT’s controversial merger and acquisition plan Wednesday. SKT announced last year that it would take over CJ HelloVision, a CJ Group subsidiary that runs mobile virtual network operator, broadband and cable TV businesses, and merge it with the firm’s wholly owned subsidiary SK Broadband, a broadband and an IPTV services firm.The announcement sparked a backlash from the mobile and pay TV markets. KT and LG Upl
Feb. 24, 2016
-
KT set sights on global mobile leadership
Korean telecom operator KT is accelerating its efforts to become a dominant global player by rolling out advanced network technologies and seeking partnerships with overseas firms, its chief executive said Tuesday at the Mobile World Congress in Barcelona, Spain.“Becoming the global No.1 is not a far-fetched dream, but a goal that we must achieve in the future,” KT CEO Hwang Chang-gyu said in a press meeting at the trade fair, adding that the Korean firm also aims to introduce its vision of “GiG
Feb. 24, 2016
-
[Photo News] KakaoNavi makes debut
Mobile messenger operator Kakao on Wednesday launched navigation app KakaoNavi, which allows users to share locations, destinations, and travel time with their friends on the KakaoTalk messenger. The new app is the upgraded version of Kimgisa that the Korean IT giant acquired for 62.6 billion won ($50 million) last year. (Kakao)
Feb. 24, 2016
-
SKT seeks partnership for global business expansion
SK Telecom CEO Jang Dong-hyun, who is participating in the Mobile World Congress underway in Barcelona, said teaming up with global network operators will be a key strategy for the firm to make inroads in global markets.The chief of South Korea’s largest telecom operator is meeting with chiefs of global device makers and telecom firms at the trade show. SK Telecom CEO Jang Dong-hyun (left) and Deutsche Telekom CEO Timotheus Hoettges pose at the press meeting in Barcelona on Tuesday. (SKT)Network
Feb. 24, 2016
-
Samsung vs. LG: Mobile chiefs make MWC debuts
Mobile chiefs of Samsung Electronics and LG Electronics made their debuts at Mobile World Congress, the mobile industry’s largest gathering held in Barcelona, Spain, this week. LG has usually launched its new phones after MWC but this year the company went head-on with its local rival Samsung. As much as their latest phones, presentations made by the mobile chiefs of both companies grabbed a lot of attention from industry people and journalists. Samsung’s mobile chief Koh Dong-jin, 55, is an eng
Feb. 24, 2016
-
LG, Intel tie up for connected cars
LG Electronics and Intel have teamed up to develop 5G telecommunications technology for next-generation cars.They announced their alliance at the Mobile World Congress in Barcelona, Spain, on Monday. Telematics, the combination of wireless telecommunications and GPS technologies, aims to improve driving convenience and road safety for connected cars, including futuristic self-driving cars. LG, which has made a big push in automotive components, is already a market leader in telematics with a ne
Feb. 24, 2016
-
[Graphic News] AI takes on human in Go
Anticipation is growing as the showdown between top Korean Go player Lee Se-dol and artificial intelligence software AlphaGo will take place in Seoul early next month. The Go match, consisting of five games scheduled between March 9 and 15, has been garnering attention from the public, enthusiasts of the game and the technology sector.Jung Jae-seung, a bio and brain engineering professor of KAIST, said, “The match between Lee Se-dol and AlphaGo is more than just a challenge posed by an AI progra
Feb. 23, 2016
-
SKT, Facebook eye faster connectivity
Korea’s leading mobile carrier SK Telecom said Tuesday that it has joined forces with U.S. social network firm Facebook to establish an organization, dubbed Telecom Infra Project, aimed at advancing the global telecommunications infrastructure and achieving innovation in mobile services.Global information technology companies, network operators and device makers, including Nokia and Intel, have also agreed to join the organization through which they will share core telecom technologies and run j
Feb. 23, 2016
-
Samsung renews commitment to virtual reality
Virtual reality stole the show at the Samsung Galaxy Unpacked event Sunday, on the eve of this week’s Mobile World Congress trade show in Barcelona, Spain. Samsung Electronics used its Galaxy Gear VR headset to unveil its latest flagship smartphone Galaxy S7 and its Edge variant and Gear 360, a VR camera. Some 5,000 journalists and industry watchers were invited for an immersive VR demo presenting Samsung’s new products.The new phones have been refashioned with metal, curved styling. They come
Feb. 23, 2016
-
KT eyes global alliance to lead 5G standards
Korea’s largest telecommunications firm KT said Monday it would form an alliance with global mobile carriers and network equipment makers to take the lead in setting up standards for the next-generation network, or 5G.The Korean network operator said it has agreed with Japanese mobile carrier NTT Docomo, U.S. mobile network operator Verizon and SK Telecom of Korea to establish the 5G Trial Specification Alliance, aimed at cooperating to develop systems and platforms for test services of the 5G n
Feb. 22, 2016
-
Samsung aims to stay on top with Galaxy S7
Samsung Electronics took the wraps off the seventh generation of its flagship Galaxy smartphone in Barcelona on Sunday, a day before the opening of the Mobile World Congress trade show.The firm, which is the world’s largest smartphone marker by sales, also unveiled the next generation of the Galaxy’s variant model with curved displays. Koh Dong-jin, president of Samsung Electronics’ mobile communications business, and Facebook CEO Mark Zuckerberg shake hands at Samsung’s launch event for the Ga
Feb. 22, 2016
-
LG unveils G5 modular smartphone
LG Electronics on Sunday unveiled its latest flagship smartphone G5, touting it as the industry’s first modular type smartphone with a “Magic Slot” for enhanced camera and sound functions. “With the new phone, LG will create its own fandom culture among users,” said LG’s mobile chief Cho Juno during the official debut at World Mobile Congress in Barcelona.The G5 has an accessory slot at the bottom, which allows users to swap in different modules. The camera module, called “LG Cam Plus,” includes
Feb. 21, 2016
-
Samsung Pay hits 5m subscribers
Samsung Electronics’ mobile payments service Samsung Pay has hit 5 million subscribers, with combined transactions exceeding $500 million in Korea and the U.S. since its debut in August. The Korean tech giant said Saturday it will start the service in China in March and other countries such as Australia, Brazil, Singapore, Spain, the U.K. and Canada in phases later this year. Detailed plans for its future launches and partnerships with local banks and card issuers are expected to be revealed du
Feb. 21, 2016
-
Samsung relocation highlights finance units
Samsung Electronics is expected to complete the relocation of its Seoul offices to Suwon, Gyeonggi Province, next month, a move that is widely considered part of Samsung Group’s ongoing business restructuring. Even though the tech giant has been headquartered in Suwon where its production facilities are based since 1973, the Seoul office has played a control tower role together with Samsung Corporate Strategy Office that oversees all group companies. Samsung Group has created the so-called “Sams
Feb. 21, 2016
-
[EYE] Developing cholera vaccine in South Korea
One of the most feared infectious diseases in 19th century Korea was inarguably cholera. The first outbreak of the acute diarrheal disease took place on the peninsula in 1821, after the virus spread from India to China’s Qing Dynasty. It is believed the disease killed more than 200,000 in two years starting from 1821. In 1859, another cholera outbreak occurred. This time, some 400,000 people in Korea -- about 50 percent of the entire population at the time -- were killed by the disease. It’s no
Feb. 19, 2016
-
LG seeks synergy in refrigerators, water purifiers
LG Electronics on Wednesday unveiled new refrigerator and water purifier products, saying it would seek synergies between the two home appliances to differentiate itself in the premium market. LG entered the water purifier market in 2009 and combined the business with the refrigerator division in 2014. Based on their technological synergies, the company was the first to launch a water purifier refrigerator in Korea in 2013. LG said it would apply its new PuriCare brand to water purifiers. The P
Feb. 18, 2016
-
W70m required for average Korean tech start-up
A Google campus in SeoulThe initial capital needed to start a tech venture in Korea is estimated at about 70.5 million won ($57,500) on average, with the most coveted area being mobile apps, a recent survey found Tuesday. Born2Global, a start-up accelerating center affiliated with the Ministry of Science, ICT and Future Planning, recently conducted a survey of 707 Korean start-ups established over the past seven years.The highest number of respondents, or 29 percent, said it took 50 to 100 milli
Feb. 18, 2016
-
Netmarble seeks IPO for global expansion
Netmarble Games, the nation’s No. 2 game developer, said Thursday it is seeking an initial public offering later this year in Korea or in other countries such as the U.S. as part of its global expansion plans. “A Nasdaq debut will give us a lot of media attention, which is crucial for our global success. But we are also considering to list on the Seoul bourse,” said Netmarble founder and senior adviser Bang Jun-huk at a press conference. He said more details of the planned public listing, includ
Feb. 18, 2016