Most Popular
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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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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Some junior doctors are returning: Health Ministry
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Debate rages over ‘overly fatty’ samgyeopsal
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Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
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[Weekender] Korean psyche untangled: Musok
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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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KT plans to invest W13tr in smart GiGA network by 2020
Aiming to become the world’s tech and telecommunication leader, KT Corp., a leading mobile carrier in Korea, rolled out a set of grandiose business plans to lead what it calls “the next industrial revolution,” over the next few decades. Delivering a presentation at a press meeting on Wednesday, Hwang Chang-gyu, the chief executive of the mobile carrier, said it would lead to what he called “the fourth industrial revolution,” based on the advancement and convergence of information and communicat
Sept. 23, 2015
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Daum Kakao sets sail with new name, leader
Daum Kakao, the largest mobile messenger operator in Korea, set sail Wednesday with its new corporate name Kakao to be led by new chief Rim Ji-hoon.The operator of mobile messenger Kakao Talk and Web-portal Daum said the two resolutions to name Rim as the new CEO and to change the name of the company to Kakao were passed at a shareholders meeting at the firm’s Jejudo Island headquarters. Kakao CEO Rim Ji-hoon. (Kakao)After the meeting, the board members also approved the appointment of the new C
Sept. 23, 2015
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Cancer leading cause of death in S. Korea in 2014: data
Cancer remained the leading cause of death in South Korea in 2014, with the death rate from the disease also rising steadily, government data showed Wednesday. A total of 75,334 people died of cancer last year, which accounted for 28.3 percent of all deaths reported last year, according to the data provided by Statistics Korea. Cancer's death rate -- the number of deaths per 100,000 people -- stood at 149 last year, up from the previous year's 146.5. Cardiovascular, or heart-related, disease
Sept. 23, 2015
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[Photo News] Samsung partners with designers for TV
SAMSUNG PARTNERS WITH DESIGNERS FOR TV -- Tech firm Samsung Electronics introduces the Samsung Serif TV, designed in collaboration with furniture designers Ronan and Erwan Bouroullec, at the London Design Festival on Monday. (Samsung)
Sept. 22, 2015
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Samsung Electronics to go all out to lead digital storage market
Samsung Electronics on Monday rolled out new solid-state drive storage devices for consumers and enterprises with an aim to beef up the firm’s SSD lineup and solidify its lead in the storage market. Holding the annual Samsung SSD Global Summit under the theme of “Marching into The Next Era” on the day in Seoul, the tech giant showcased five new SSD options, including a 2 1/2-inch SSD for consumers, dubbed the 850 EVO, which is based on technology that stacks up 48 layers of cells -- which Samsu
Sept. 22, 2015
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Experts paint gloomy outlook for global display market
The global display market has seen a boost for the past several years thanks to the brisk growth of information technology and electronics devices that deploy advanced display panels. Market players, however, should brace for much fiercer competition due to market saturation for mobile devices and TVs, according to industry officials and analysts. “The display industry basked in remarkable growth from 2010 to 2013 with the touch panel business, in particular, growing at the rate of 27.5 percent
Sept. 22, 2015
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KT chief vows to lead 5G era
KT Corp., the nation’s telecom giant, vowed Monday to take the lead in the era of 5G technology, saying it is at the forefront of initiatives to commercialize the world’s first network services.“Korea, which boasts the most advanced telecom infrastructure in the world, is now leading the global telecom standardization,” KT chairman and CEO Hwang Chang-gyu said at an event to celebrate the 130th anniversary of the Korean telecom market. KT CEO Hwang Chang-gyu(fifth from left), Choi Sung-joon(four
Sept. 21, 2015
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LG Chem seeks Chinese talents for future growth
South Korean battery-maker and chemical firm LG Chem is seeking to attract global talents in China for future growth. LG Chem chief executive Park Jin-soo, chief human resource officer Kim Min-hwan and other top executives recently flew to China to hand-pick new employees at a company recruiting event, named the Business and Campus Tour, held at the Shangri-La Hotel, Beijing over the weekend.LG Chem CEO Park Jin-soo (third from left) and chief human resource officer Kim Min-hwan (first from left
Sept. 20, 2015
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[Photo News] Samsung washer gains traction
SAMSUNG WASHER GAINS TRACTION -- Sales of tech giant Samsung Electronics’ latest front-load washer model Bubble Shot Add Wash exceeded 6,000 units on Sunday, 15 days after the product launch on Sept. 1. The washing machine features an extra small door which allows users to put additional laundry in the middle of a wash cycle. (Samsung)SAMSUNG WASHER GAINS TRACTION -- Sales of tech giant Samsung Electronics’ latest front-load washer model Bubble Shot Add Wash exceeded 6,000 units on Sunday, 15 da
Sept. 20, 2015
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[Photo News] LG's unibody smartphone
LG’S UNIBODY SMARTPHONE -- A model poses holding a LG Metal Phone in his hand. The tech giant LG Electronics’ latest mid-range smartphone featuring a unibody metal design, a 5-inch display and 8MP front-facing camera is priced at 399,300 won ($340). (LGE)
Sept. 20, 2015
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Samsung denies rumors of merger between heavy industry units
Samsung Engineering and Samsung Heavy Industries on Thursday denied that they were seeking to merge again after last year’s failed attempt. “We are not considering a merger plan,” the two companies said in separate regulatory filings. The announcements came as their shares rallied after Samsung Heavy president Park Dae-young hinted they could seek to merge again. Samsung Engineering (Yonhap) In September last year, Samsung Engineering announced it would merge with Samsung Heavy to enhance its
Sept. 17, 2015
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LG Uplus recognized for IoT tech compatibility
LG Uplus, the third-largest mobile carrier in Korea, said Thursday that its Internet of Things technology has been recognized for its compatibility by a global standardization body.The Korean mobile carrier said the firm’s IoT platform has passed interoperability testing organized by oneM2M, which consists of eight global telecom standards institutes including European Telecommunications Standards Institute and Telecommunications Technology Association of Korea.The first oneM2M interoperability
Sept. 17, 2015
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[Photo News] Samsung smartwatch to hit shelves
SAMSUNG SMARTWATCH TO HIT SHELVES-- Tech giant Samsung Electronics said Thursday it would receive preorders for the Samsung Gear S2 from Friday in Seoul through the firm‘s online shop. The latest wearable device features a round face and a rotating bezel to control functions. Starting from mobile carrier KT, wireless carriers will also receive preorders from this week. (Samsung)
Sept. 17, 2015
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‘Korea more active than Japan in Southeast Asian tech’
VIP Plaza CEO Tesong Kim (left) speaks about doing business in Southeast Asia at Tech in Asia Tokyo 2015 in Shibuya, Tokyo, last week. (Tech in Asia)TOKYO ― In a region where masses of users are newly armed with smartphones and more spending power, Southeast Asia is a new gold mine for tech enterprises.China’s quickly saturating market for all things tech has pushed Asia-bound start-ups to seek new territory, and global companies like Rakuten, eBay and Rocket Internet are vying over Southeast As
Sept. 16, 2015
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Lentech goes global with anti-forgery technology
Lentech Korea, a South Korean security system developer, aims to go global with its new anti-forgery technology called Seegram, which inscribes hidden micro patterns on products to prove their authenticity.The company said the coated patterns with a thickness of just 0.17 millimeter are never worn-out and impossible to duplicate. So the technology can be used widely not just on products, but also on passports and identification cards. Combining optical engineering and semiconductor technologies,
Sept. 16, 2015
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FiveGT showcases door lock operated by facial recognition
South Korean tech start-up FiveGT said Wednesday it has installed its face-recognition door lock, called Ufacekey, at a residential building in Gugi-dong, northern Seoul.Ufacekey includes a face-recognition robot that detects tens of thousands of face characteristics of a user. It takes less than one second to process the recognition. With an infrared camera embedded, the robot also recognizes faces in the dark. The system is compatible with smartphones so that users can monitor family members,
Sept. 16, 2015
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KT Music takes on Apple, Google
KT Music, a Korean online music service company and affiliate of mobile carrier KT, has been making efforts to refine its services amid the tough competition in the sector. In its latest move, the company announced Monday that it has beefed up its music service, dubbed Genie, in a bid to grab the upper hand and lure more customers.Models introduce KT Music’s Genie music-streaming service. (KT Music)At a media event for the launch of the new Genie service, the head of the company expressed his co
Sept. 16, 2015
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Samsung hints at expansion of mobile payment tool to budget phones
Samsung Electronics Co. signaled Wednesday that the tech giant may expand its latest mobile payment system to budget smartphones, and expected the number of its users to grow further down the road.Samsung Pay, officially launched in South Korea last month, is currently available for only high-end smartphone models released this year, including the Galaxy S6 and the Galaxy Note 5."It will gradually expand," said Shin Jong-kyun, who heads Samsung's mobile business, when asked if the company plans
Sept. 16, 2015
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LG Electronics to release new tablet PC this week
South Korea's No. 2 tech giant LG Electronics Inc. said Wednesday it plans to roll out a new tablet PC this week, in line with its latest efforts to shore up its mobile device business facing a slump.The 10.1-inch G Pad II, first introduced at the Internationale Funkausstellung in Germany earlier this month, will come with a 7,400 mAh battery and 2GB of RAM. It holds a data storage capacity of 32GB, but users can also insert a Mirco SD card. (Yonhap)The company released the 8-inch G Pad II last
Sept. 16, 2015
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Samsung’s start-up accelerator marks 1st year
Samsung Group’s Daegu Center for Creative Economy and Innovation marked its first anniversary Tuesday. Starting with the Samsung start-up accelerator, the Korean government has opened up a total of 17 creative economy centers over the past year in partnership with top conglomerates with aims to nurture competitive venture firms spanning industries. Samsung Electronics vice chairman and the group’s heir apparent Lee Jae-yong has also showed affection toward the center as he has led the company’s
Sept. 15, 2015