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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[Photo News] LG eyes Middle East market
LG EYES MIDDLE EAST MARKET -- South Korean tech giant LG Electronics said Monday it would step up its marketing efforts, targeting the high-end segment of the Middle Eastern market. The company has recently opened a premium retail store in Jordan following those in Iran and Lebanon, which were launched in the first half this year. (LGE) LG EYES MIDDLE EAST MARKET -- South Korean tech giant LG Electronics said Monday it would step up its marketing efforts, targeting the high-end segment of the Mi
Aug. 17, 2015
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[Photo News] KT runs promotion for new Galaxys
KT RUNS PROMOTION FOR NEW GALAXYS -- South Korea’s leading mobile carrier KT launches experience zones for Samsung Electronics’ new phablets -- Galaxy Note 5 and Galaxy S6 Edge Plus -- at its retail stores across the nation on Monday. (KT)
Aug. 17, 2015
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IT industry rises as major pillar of Korean economy
Along with the steel, automotive and shipbuilding sectors, the IT industry has served as a locomotive that has driven South Korea’s economy for decades.At the forefront of South Korea’s IT scene were electronics businesses run by conglomerates including Samsung Electronics, LG Electronics and Daewoo Electronics (now Dongbu Daewoo Electronics owned by Dongbu Group).Having produced the nation’s first transistor radio in 1959, LG, then called Goldstar, was a pioneer in the domestic home appliance m
Aug. 16, 2015
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Samsung's big-screen Galaxy phones face tough test
NEW YORK -- It’s clear that the success of Samsung’s latest smartphone and phablet will be a crucial test for Lee Jae-yong, the heir to Korea’s largest conglomerate and vice chairman of Samsung Electronics.And it’ll certainly be a tough challenge, given the hugely saturated nature of today’s smartphone market that has competition cropping up at every bend in the road.“Samsung definitely has a huge presence, all over the U.S. and in the world,” said one participant at last week’s Samsung Unpacked
Aug. 16, 2015
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Samsung to release new phablets in S. Korea this week
Samsung Electronics Co. plans to launch its two new phablets in South Korea this week to coincide with the commercial start of a mobile payment service on its home turf, a company executive said Saturday.Samsung, the world's largest smartphone maker, showcased the Galaxy Note 5 and Galaxy S6 Edge+ phablets, or a combination of a smartphone and a tablet PC, in New York on Friday as part of efforts to galvanize its mobile business."The release of the phablets in South Korea is scheduled for Thursd
Aug. 16, 2015
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Samsung pushes new phablets amid ailing handset returns
South Korea's top tech giant Samsung Electronics Co. showcased two new phablets on Thursday in the United States, with one being the larger edition of the Galaxy S6 Edge that curves on both sides, in its latest bid to revitalize its mobile business. JK Shin, president and CEO of Samsung Electronics holds the Samsung Galaxy S6 Edge+ (left) and the Samsung Galaxy Note 5 during a presentation, Thursday at Lincoln Center in New York. (AP-Yonhap)Dubbed the Galaxy Note 5 and the Galaxy S6 Edge+, the p
Aug. 14, 2015
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[Photo News] Samsung supports engineers
SAMSUNG SUPPORTS ENGINEERS -- Tech giant Samsung Electronics serves as a major sponsor for the 43rd WorldSkills Competition, which is held from Tuesday through Sunday in Sao Paulo, Brazil. The biannual event is aimed at recognizing skilled technicians and engineers around the world. (Samsung) SAMSUNG SUPPORTS ENGINEERS -- Tech giant Samsung Electronics serves as a major sponsor for the 43rd WorldSkills Competition, which is held from Tuesday through Sunday in Sao Paulo, Brazil. The biannual even
Aug. 13, 2015
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[Photo News] U.S. big data firm names new exec
U.S. BIG DATA FIRM NAMES NEW EXEC -- U.S. cloud-based big data solution developer Treasure Data said Thursday that it has named Stephen Lee, a Korean-American who used to work for Samsung Electronics and Microsoft, as a vice president of the firm’s business development division. (Treasure Data)
Aug. 13, 2015
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SAP Korea showcases IT solutions for health care, sports
Leading IT solutions developer SAP Korea said Thursday it would step up efforts to develop systems that can bring positive changes to sports and health care industries. Holding the “Hyper Connected Healthcare Conference in Seoul,” the company offered visions to deploy big data and cloud technologies in the two sectors. “The advancement in Internet of Things technologies has brought innovations in multiple industries and fields,” said Hyoung Won-joon, managing director of the Korean office of SA
Aug. 13, 2015
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[Start-up Seoul] Between chooses traction over profit
With KakaoTalk dominating Korea’s mobile messenger market, Between has been cementing its foothold in the couples messenger niche. Now with half its users coming from abroad, the mobile app is braving ground in Southeast Asia.“We’re trying to expand our product to the global market,” Jake Park, CEO of the app’s developer VCNC, told The Korea Herald in an interview Friday. “Very fortunately we are not directly competing with big messaging apps … so we can get into the niche market (and) bring a v
Aug. 12, 2015
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LG to offer W1b to soldiers injured in N.K. mine blast
LG Group said Wednesday it would offer 500 million won ($420,000) each to two soldiers who were injured last week in a North Korean mine blast at the Demilitarized Zone in Paju, Gyeonggi Province. “The donation is part of LG’s ongoing efforts to honor people who make sacrifices for the nation and people. All employees, including chairman Koo Bon-moo, have joined the efforts,” said an LG official. The explosions occurred on Aug. 4 as two sergeants were carrying out an inspection mission. The firs
Aug. 12, 2015
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OLED TV meets art
Aug. 12, 2015
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[Herald Interview] +822 Summit to bridge Seoul, world
A number of trade shows, festivals, and conferences are held every year in a wide range of business sectors in South Korea. However, not a single event brings music, film and tech industries all together under one roof. That is going to change soon. The +822 Summit conference -- to be held from Oct. 28 to 30 at Dongdaemun Design Plaza, an exhibition and cultural center in Seoul -- will serve not only as a cross-industry networking platform, but also as a bridge that links global investors an
Aug. 12, 2015
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Ericsson to beef up ties with Korean telecom firms
From electronics makers to automotive manufacturers, businesses from more diverse backgrounds are jumping in the Internet of Things sector utilizing the fast network infrastructure. Hans Vestberg, president and chief executive of ICT infrastructure developer Ericsson, said that such increasing participation of different market players would create a bigger “opportunity” down the road. Ericsson CEO Hans Vestberg (right) and Arun Bansal, head of the Swedish firm’s business unit radio division atte
Aug. 12, 2015
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Pocket Mobile wins Red Dot design award
Payment system developer Pocket Mobile has won an award at this year’s Red Dot Award for its mobile ordering system Pocket Order.The Red Dot Award is one of the world’s most influential design product competitions, along with the iF Design Award and the IDEA awards. Mobile ordering solution Pocket Order. (Pocket Mobile)The start-up won a prize in the Communication Design segment, which recognizes innovative product designs and concepts in a wide range of fields including game design, online com
Aug. 12, 2015
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[Newsmaker] Daum Kakao bets on mobile biz with young CEO
Daum Kakao, the Korean Internet giant, is betting big on a new CEO who may be less experienced but full of enterprise for its next big leap in the burgeoning mobile era. The company said Monday it has named 35-year-old Rim Ji-hoon, founder of venture capital firm K Cube Ventures, to replace the current co-CEOs Choi Sae-hoon, 48, and Lee Sir-goo, 49. Daum Kakao’s new CEO nominee Rim Ji-hoonAlthough the average age of the employees at Daum Kakao is 34, a 30-something CEO is quite rare even within
Aug. 11, 2015
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[Photo News] New kimchi fridge
NEW KIMCHI FRIDGE -- South Korea’s electronics maker Dongbu Daewoo Electronics rolls out the new Klasse kimchi refrigerator lineup, fitted with advanced technology that enriches the taste of the food and optimizes storage conditions. (Dongbu Daewoo) NEW KIMCHI FRIDGE -- South Korea’s electronics maker Dongbu Daewoo Electronics rolls out the new Klasse kimchi refrigerator lineup, fitted with advanced technology that enriches the taste of the food and optimizes storage conditions. (Dongbu Daewoo)
Aug. 11, 2015
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Samsung aims to stay on top of memory chip market
Tech giant Samsung Electronics said Tuesday it has successfully mass-produced a 256Gb vertical NAND flash memory for the first time in the world.The new vertical NAND, or V-NAND, flash chip stacks 48 layers of memory cells and is used for solid state drives, an advanced storage system for laptops and data servers. Samsung Electronics` 48-layer 256Gb vertical NAND flash memory. (Samsung)“With the introduction of our third generation V-NAND flash memory to the global market, we can now provide the
Aug. 11, 2015
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Korea’s slipshod response to demise of Active X raises concerns
Microsoft’s new Windows 10 operating system and the Edge Web browser will be unable to fully access many local financial institutions and government organizations’ websites due to Korea’s persistence in using ActiveX software. Having found to have security gaps, ActiveX has long been phased out overseas, and even its developer Microsoft has dropped support for it in its latest browser. However, ActiveX remains a requirement for accessing the websites and services of many financial institutions a
Aug. 10, 2015
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Can Korea compete in crowdfunding?
Korea’s start-up community breathed a collective sigh of relief last month when the government approved the long-awaited crowdfunding act, two years after it was first proposed in June 2013.Aimed at opening funding channels for start-ups, the Financial Investment Services and Capital Markets Act paves the way for equity-based crowdfunding ― a type of fund-raising method that lets individuals invest up to 2 million won ($1,700) in a single start-up, and 5 million won collectively over the year, t
Aug. 10, 2015