Most Popular
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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S. Korean children, teens grow taller, mature faster than before: study
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Army takes group action against Hybe for neglecting BTS
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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[Graphic News] Number of coffee franchises in S. Korea rises 13%
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Some junior doctors are returning: Health Ministry
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Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
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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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Zero-margin society presents opportunity for journalism
Jeremy Rifkin, a world-famous futurist, said Monday that the journalism industry can become the beneficiary of what he calls "zero-margin society," by capitalizing on their platforms to engage in networks with readers.The zero-margin society refers to a system where it costs almost no resources to benefit an additional person with services or products, like environment-friendly power generation, or simply sharing video content online.Referring to journalism content circulating online without add
Oct. 19, 2015
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Futurist Rifkin skeptical of Uber but rosy on Airbnb
Renowned U.S. futurist Jeremy Rifkin said Monday he is negative about the future of car-sharing service Uber but remains optimistic about the home-sharing website Airbnb, citing their different approaches to the sharing economy.Rifkin's remarks are in line with his vision on the sharing economy, which calls for the importance of sharing possessions among members of communities rather than struggling to claim ownership."I think Uber is not going to make it," Rifkin told Yonhap News Agency on the
Oct. 19, 2015
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3-D printing has more opportunities than woes: SOLS CEO
The 3-D printing technology will be the next way of manufacturing, Kegen Schouwenburg, the CEO and co-founder of a U.S.-based 3-D printed custom insoles maker said Monday. "As opposed to producing hundreds of thousands of products over the world, we produce one for an individual. There are tons of advantages," she said in a press conference in this central South Korean city during a global meeting of science ministers and experts."The advantages for that are pretty limitless. In an environmental
Oct. 19, 2015
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iPhone 6s preorders heat up Korean market
Apple Inc.'s two new smartphones stirred a fresh craze among South Korean consumers on Monday as preorders sold out in the first few minutes of opening on the back of strong demand from Apple loyalists. South Korea's three mobile carriers -- SK Telecom Co., KT Corp. and LG Uplus Inc. -- received preorders for the iPhone 6s and iPhone 6s Plus earlier in the day ahead of the official launch in the domestic market on Friday.Presales had been scheduled for last week, but came belatedly amid speculat
Oct. 19, 2015
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Agenda-setters on science, technology gather in Daejeon
Dozens of ministerial-level representatives from across the globe as well as Nobel laureates and CEOs have gathered in the South Korean science hub of Daejeon to participate in discussing science, technology and innovation, organizers said Monday.Jeremy Rifkin, a world famous theorist and economist, will give a keynote address at the World Science & Technology Forum and deliver details of his theory on "Zero Margin Cost Society" on Monday.Nobel laureates Aaron Ciechanover and Noyori Ryoji, who w
Oct. 19, 2015
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World science forum kicks off in Daejeon
A global meeting of science ministers and experts began in central South Korea on Monday to discuss ways to achieve sustained economic development and improve the quality of life through technological innovations.The five-day World Science & Technology Forum started as the first event of the gathering of science officials from the Paris-based Organization for Economic Cooperation and Development that will run through Friday in this central South Korean city packed with research labs. Under the t
Oct. 19, 2015
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[Science Summit] Samsung aims high with biotechnology
Samsung Group has more recently focused considerable resources into the biotechnology business with aims to become a major force in the still nascent but lucrative market.The nation’s largest conglomerate is investing at least $2 billion in biopharmaceuticals, especially the soaring segment of biosimilars -- cheaper copied versions of branded drugs whose patent has expired. Samsung Biologics` production plant in Songdo, IncheonAnd two Samsung units -- Samsung Bioepis and Samsung Biologics -- are
Oct. 18, 2015
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[Science Summit] Samsung Electronics at forefront of innovation
Samsung Electronics, the crown jewel of Samsung Group, has been leading the nation’s technological innovation for decades. Amid enhanced economic uncertainties, the company pledges to fend off challenges through innovative new products and relentless research and development efforts. Samsung Group`s headquarters buildings in Seocho-dong, southern SeoulThe company recently posted third-quarter earnings guidance that beat analysts’ estimates. The company estimated its profit rose almost 80 percen
Oct. 18, 2015
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Hyundai Card, VAN companies clash over Samsung Pay
Value-added network, or VAN, operators are resisting Hyundai Card’s recent decision not to pay sales slip fees for payments made by Samsung Pay, the Korean tech giant’s new mobile wallet service. VAN companies get paid for collecting credit card slips from merchants and inspecting illegal card use. They earn about 20 to 30 percent of the revenue from the process. But Hyundai Card, the nation’s second-biggest card issuer affiliated with Hyundai Motor Group, has recently decided to stop paying fee
Oct. 18, 2015
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Science ministers to tackle global issues
The OECD Ministerial Meeting Daejeon 2015 and World Science and Technology Forum will kick off in Daejeon on Monday. Ministers, scientists, and officials from international organizations will gather in the city, often dubbed as an innovation hub in South Korea, to discuss how to achieve sustainable economic growth and to address global challenges including climate change and poverty through science and technology. First ICT Vice Minister Lee Seok-jun speaks Friday about programs for the science
Oct. 18, 2015
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Science ministers to discuss global issues in Daejeon
The gathering of science ministers from around the globe is ready to kick off its five-day run in South Korea later this week, organizers said Sunday, where countries will discuss ways to utilize technology to benefit mankind.The OECD Ministerial Meeting Daejeon 2015, World Science & Technology Forum that runs from Monday through Friday will commence in Daejeon, a city packed with science institutes located 164 kilometers south of Seoul.Along with the members of the Paris-based Organization for
Oct. 18, 2015
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Daejeon OECD science meeting to be 1st gathering outside Paris
South Korea's ICT ministry said Sunday the upcoming science ministerial gathering of the Organization for Economic Cooperation and Development will be the first of its kind outside Paris, reflecting South Korea's efforts to beef up its presence around the globe. South Korea is hosting the OECD Ministerial Meeting Daejeon 2015, World Science & Technology Forum, which will open on Monday and run through Friday. The event will be held in Daejeon, located 164 kilometers south of Seoul, which is home
Oct. 18, 2015
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NST to forge deeper ties with Fraunhofer
South Korea's National Research Council of Science & Technology said Sunday it will hold an academic gathering with Europe-based applied science researcher Fraunhofer in line with the upcoming OECD ministerial meeting.Under the plan, the NST will meet up with officials from Fraunhofer on Monday, and discuss various ways to bolster ties between the two researchers in Daejeon, located 164 kilometers south of Seoul.Fraunhofer currently has around 23,000 staff members and 67 research labs in Germany
Oct. 18, 2015
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[Photo News] Sony releases workout gadget
SONY RELEASES WORKOUT GADGET-- Sony Korea launches smart sports gear Smart B-Trainer, featuring an MP3 player, gyroscope, GPS and heart rate sensor, in Seoul on Friday. (Sony)
Oct. 16, 2015
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[Photo News] Exploration of virtual tech
EXPLORATION OF VIRTUAL REALITY TECH -- Choi Jin-sung (right), chief technology officer of SKT, and Leap Motion CEO Michael Buckwald pose after signing a partnership agreement in Seoul on Thursday. SK has sought a global partner to develop virtual reality multimedia services. (SKT)
Oct. 16, 2015
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LG Chem appeals to Chinese clients with new tech center
LG Chem on Wednesday opened its first Chinese tech center aiming to respond more promptly to local demands in the all-important market.The two-story building with one basement is located at a 4,000 square-meter site in Guangzhou, the capital city of Guangdong Province in southern China. A total of 10 billion won ($8.8 million) was invested for the construction alone. Some 40 researchers, including those hired locally, will be working at the new facility to offer total solutions for product devel
Oct. 15, 2015
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LG CNS builds mega floating solar power plants in Korea
South Korea’s leading energy solutions developer LG CNS said Thursday that it had completed the construction of two floating photovoltaic power plants in Otae and Jipyeong Reservoirs in Sangju, North Gyeongsang Province.The two floating solar power plants, each with 3 megawatts generating capacity, are the largest in terms of capacity of power generation. LG CNS‘s floating solar power plant on Otae Reservoir in Sangju, North Gyeongsang Province. (LG CNS)The solar panels cover around 64,000 squar
Oct. 15, 2015
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[Photo News] Wall-mounted washer enjoys steady growth
WALL-MOUNTED WASHER ENJOYS STEADY GROWTH -- Dongbu Daewoo Electronics said Thursday the accumulative sales of its wall-mounted front-loading washer Mini surpassed 100,000 units worldwide, posting more than 30 percent growth in sales every year since its release in 2012. (Dongbu Daewoo)
Oct. 15, 2015
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[Photo News] KT recognized for Wi-Fi technology
KT RECOGNIZED FOR WI-FI TECHNOLOGY -- South Korea’s leading mobile carrier KT said Thursday its kt wiz park, the home stadium for the kt wiz professional baseball team in Suwon City, won the Best High Density Wi-Fi Deployment in a Venue -- an award granted to a network operator achieving the best advances in venue deployments -- at the WiFi Industry Awards 2015 in San Jose, California, on Wednesday. The award event is organized by the Wireless Broadband Alliance, an industry organization to prom
Oct. 15, 2015
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[Photo News] Galaxy Note glitters with new colors
GALAXY NOTE GLITTERS WITH NEW COLORS -- Samsung Electronics said Thursday it has added new color options -- silver titanium and gold pink -- for its premium phablet Galaxy Note 5 lineup. The mobile device now comes in five colors including white pearl, black sapphire and gold platinum. (Samsung)GALAXY NOTE GLITTERS WITH NEW COLORS -- Samsung Electronics said Thursday it has added new color options -- silver titanium and gold pink -- for its premium phablet Galaxy Note 5 lineup. The mobile device
Oct. 15, 2015