Most Popular
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Korea’s homegrown nanosatellite successfully launches into space
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Nicaragua shuts down Seoul embassy
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Hybe's multilabel system tested amid conflict with Ador
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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SNU profs to suspend treatment for one day
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SK hynix pledges W20tr to ramp up DRAM production at home
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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Pianist Cho Seong-Jin named Berlin Philharmonic's artist-in-residence
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Ministry denies blame for Jamboree debacle
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Samsung promotions lowest since 2009
Samsung Group on Friday announced a total of 294 executive promotions -- the lowest in six years, reflecting a sense of crisis across its key affiliates.The tally was 20 percent down from last year’s 353 and the lowest since 2009 when Samsung reduced executive promotions to 247 following the global financial crisis. The flagship Samsung Electronics, which has struggled to restore profits, suffered a 40 percent drop from 2013 when the company’s record earnings were reflected in the reshuffle. A S
Dec. 4, 2015
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Is Samsung eyeing camera market exit?
There is widespread speculation that Samsung Electronics may exit from the camera market, given the tech giant’s efforts to restore profits across key affiliates.Samsung has been scaling down its money-losing camera business. Last year, the company combined its camera business into its mobile business division. With no new camera launches since February, the company announced recently it would stop its camera sales in Europe and some Asian markets. What is more, news reports on Thursday suggeste
Dec. 3, 2015
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[Photo News] Mid-end handsets with premium features
MID-END HANDSETS WITH PREMIUM FEATURES -- Samsung Electronics unveiled its updated midrange smartphone lineup Galaxy A in Seoul Thursday. The lineup consists of three models, the A7, A5 and A3. The A7 and A5, fitted with a fingerprint sensor, support mobile payment solution Samsung Pay. (Samsung) MID-END HANDSETS WITH PREMIUM FEATURES -- Samsung Electronics unveiled its updated midrange smartphone lineup Galaxy A in Seoul Thursday. The lineup consists of three models, the A7, A5 and A3. The A7 a
Dec. 3, 2015
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[Photo News] LG recognized for superior design
LG RECOGNIZED FOR SUPERIOR DESIGN -- LG Electronics said Thursday its premium fridge Double Magic Space had won the Compasso d’Oro Award, Italy’s highest accolade for design. The company has also won prizes for the high-end fridge at IDEA, iF and Red Dot design awards. (LGE)
Dec. 3, 2015
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Microsoft put Windows to focus on tablet PCs
Faced with the looming demise of the PC era, the world’s largest software developer, Microsoft, has been shifting its focus toward operating systems for a wider variety of devices, including smartphones and game consoles.The company has been specifically targeting tablet PCs, which are expected to replace desktops and laptops in the coming years. Jang Hong-kook, the head of Microsoft Korea’s device partner business division, delivers a speech at a press meeting in Seoul on Thursday. (MS Korea)Pa
Dec. 3, 2015
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Samsung expands payment tool to budget smartphones
Top tech firm Samsung Electronics Co. will release new editions of the Galaxy A smartphone series later this month, with updated features including Samsung Pay, the company's mobile payment tool that previously only came with high-end models, the company said Thursday.The new Galaxy A (2016) series will come in three versions, namely the Galaxy A7, the Galaxy A5, and the Galaxy A3 with 5.5-inch, 5.2-inch and 4.7-inch displays.The Galaxy A7 and A5 will support Samsung Pay, a mobile payment platfo
Dec. 3, 2015
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Budget smartphone LUNA expected to sell 150,000 by end-Dec.
South Korea's top mobile carrier SK Telecom Co. said Thursday its exclusive LUNA smartphone is expected to post 150,000 sales by the end of this month, amid the rising demand for budget handsets here.The budget smartphone, which made its debut in September, was sold out three weeks after its launch. Launched by TG&Co., the LUNA was manufactured by Foxconn, which is well-known as a key manufacturer of Apple products.SK Telecom said around 70 percent of the buyers are aged below 30, and current sa
Dec. 3, 2015
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‘League of Legends’ redefines e-sports in Korea
Korea’s enthusiasm for online games may have started with “StarCraft” decades ago, but the fever ― now called e-sports ― has continued to evolve with “League of Legends.”Since its debut in 2011, League of Legends, more widely dubbed “LoL,” has become one of the world’s most popular online games. It is also the highest-earning game that raked in $1 billion last year, according to SuperData, a market research firm. Fueling the global sensation, among other things, are its immensely popular profess
Dec. 2, 2015
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Coupang founder has 'unrelenting focus': investor
SAN FRANCISCO ― All it took was one phone call in 2009 for Silicon Valley investor Jai Choi to put his money on a fledgling start-up called Coupang.Its founder, Bom Kim, had just dropped out of Harvard Business School with three or four months’ worth of data in hand. He envisioned transforming e-commerce starting in his native Korea through a systematic approach to sales, operations and customer service. Judging by the sharp way Kim answered their questions, Choi recognized his unique understand
Dec. 2, 2015
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[Photo News] LG displays OLED TV at Grand Central Terminal
LG OLED TV IN NYC -- LG Electronics said Wednesday that it would run a roadshow to display its high-end organic light-emitting diode TVs at Grand Central Station in Manhattan. The event will be held until the end of this month. (LGE)
Dec. 2, 2015
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[Photo News] Gear S2 pop-up store for holiday
GEAR S2 POP-UP STORE FOR HOLIDAY -- Samsung Electronics said Wednesday it would operate a pop-up store for its smartwatch Gear S2 during the year-end holiday season in Garosu-gil, Seoul, a street brimming with upscale coffeehouses and clothing shops. (Samsung)
Dec. 2, 2015
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SKT to invest W5tr in media platform business
Facing a looming battle with global media behemoth Netflix, mobile carrier SK Telecom said Wednesday it would invest around 5 trillion won ($4.3 billion) in beefing up its media platform business for the next five years. The investment plan came on the heels of the firm’s announcement of acquiring CJ Hellovision, the nation’s largest cable TV operator and an affiliate of CJ Group.The Korean mobile carrier unveiled its plan earlier last month to merge its wholly owned Internet TV operator SK Broa
Dec. 2, 2015
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Samsung’s new mobile chief vows to retain market leadership
Samsung Electronics’ new mobile business chief Koh Dong-jin vowed to maintain the company’s leadership in the world’s smartphone market despite market concerns about competition from rivals.Entering Samsung’s head office in Seocho-dong, Seoul, on Wednesday, the new president of the mobile communications business -- a smaller unit under the firm’s IT and mobile communications division -- told reporters that Samsung’s smartphone unit is “not at the end of its rope.” He also pledged that he would m
Dec. 2, 2015
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Korea's radar technology 12th in the world
South Korea's radar technology ranks 12th in the world, putting it further behind advanced nations compared to three years ago, a state research agency said Wednesday.South Korea has been developing an indigenous fighter jet known as the Korean Fighter Experimental project, scheduled for completion by 2025. Controversy over the project's viability grew after the United States refused to transfer four core technologies, including those for active electronically scanned arrayradar.According to a r
Dec. 2, 2015
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Samsung showcases web browsing tool for VR devices
Samsung Electronics Co. introduced Wednesday the beta edition of a web browsing program for its virtual reality devices, allowing users to access more content online.The test edition of Samsung Internet for Gear VR will allow users of Samsung's VR devices to stream various videos online and provide a theater-like experience, the company said.It also allows users to surf the Internet with voice commands, with Gaze Mode activating the screen simply by staring at the menu.Other features from typica
Dec. 2, 2015
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[Newsmaker] Samsung eyes stability in reshuffle
Samsung Electronics on Tuesday named Koh Dong-jin, executive vice president in charge of mobile R&D, as the new mastermind of the company’s flagship mobile business division amid its recent struggle for profitability. A surprise appointment, the 54-year-old engineer’s replacement of the current mobile chief Shin Jong-kyun, 60, hinted at a generational shift in the Korean tech giant’s top brass. “Shin will focus more on long-term strategy and foster new growth businesses,” the company said in a
Dec. 1, 2015
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[Photo News] LG chairman partakes in cultural diplomacy
CULTURAL DIPLOMACY -- LG Group chairman Koo Bon-moo (center) attends a jazz concert Monday in Seoul to mark the 50th anniversary of ties between Korea and Japan. Koo said he wished for the two nations to strengthen their relations through cultural exchanges. (LG Group)
Dec. 1, 2015
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[Photo News] LG establishes collaborative 5G tech center
COLLABORATION FOR 5G -- LG Uplus said Tuesday that it had set up a research and development center for 5G network technology where it would work together with local and global network equipment firms on projects for the next-generation network technology. (LG Uplus)
Dec. 1, 2015
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Samsung replaces Galaxy chief
Samsung Electronics on Tuesday announced it has named Koh Dong-jin, executive vice president in charge of mobile R&D, to lead the company’s flagship mobile business division that has been struggling with profitability despite increased device sales. Shin Jong-kyun, the current mobile business chief who has been affectionately called “Mr. Galaxy,” will step back from day-to-day operations to focus more on long-term strategy and fostering new growth businesses, the company said. He still retains t
Dec. 1, 2015
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S. Korea ranked 1st in ICT development
South Korea was No. 1 in development of its information and communications technologies (ICT), a U.N. agency said Monday, relegating Denmark to second place.On its Website, the International Telecommunications Union (ITU) said Asia's fourth-largest economy ranked first among 167 countries surveyed. Last year, South Korea lost its top spot to Denmark for the first time since 2010.Iceland came in at third, followed by Britain, Sweden, Luxembourg, Switzerland, the Netherlands and Finland. Hong Kong
Nov. 30, 2015