Most Popular
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Korea’s homegrown nanosatellite successfully launches into space
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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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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Medical reform committee kicks off despite boycott from doctors
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SNU profs to suspend treatment for one day
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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SK hynix pledges W20tr to ramp up DRAM production at home
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Samsung ready to market ‘one-chips’
Samsung Electronics is ready to soon market its “one-chip” solution in a bid to snatch the lead in the next generation of wearable and flexible devices. “In September, we started to mass produce the one-chip, which is a combination of the AP and modem chips. We believe the chips will be fitted into actual devices in the near future,” said Woo Nam-sung, head of Samsung Electronics System LSI unit at Samsung’s investor relations session last week. The name of the one-chip will be “ModAP,” a term c
Nov. 10, 2013
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Earnings gap widens among major Web-portal operators
The revenue gap between the leaders and followers of the nation’s top three Web-portal operators appeared to have widened, mainly on account of mobile service performances, according to the latest regulatory filings.Naver, as the leader, continued its reign, while Daum fell further behind with SK Communications trailing in the red. Naver raked in 585.3 billion won ($550.3 million) in revenue in the third quarter, up 31.9 percent on-year and 2.6 percent on-quarter. Operating profit stood at 104.5
Nov. 8, 2013
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S. Korea set to join EU's joint R&D program
South Korea is expected to soon become a member of the Europe's research and development (R&D) program Eurostars, the Seoul government said Friday.Eurostars is a joint R&D programme run by EUREKA, a network of 41 European states, including all 28 member states of the European Union, according to the Korean Ministry of Trade, Industry and Energy.A memorandum of understanding centered on South Korea becoming a member of the programme was by South Korean Minister Yoon Sang-jick, who is currently ac
Nov. 8, 2013
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LG G2 chicken video goes viral
LG Electronics is well known for its eye-catching ads, mostly targeted at overseas consumers, and it has scored another hit with a viral ad spoof that ran on YouTube.The video, created by a local ad agency named Krema, has recorded almost 4 million hits since its release in September, all thanks to an imaginative scenario coupled with some unusual actors. The titular character is a chicken by the name of “Lizzy,” who is out to show just how the optical image stabilization works on the LG G2 sma
Nov. 7, 2013
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Korea on alert over Chinese dust
Health authorities are on alert over recently heightened levels of fine particles in the air, which can cause respiratory problems and other irritations in the eye, nose and throat. About 30 times smaller than a human hair, ultrafine particles measure less than 2.5 micrometers across and are carried by the wind, much of them coming from cities in northern China, including Harbin and Beijing. Recent studies showed they can directly enter the bronchial tubes and interfere with the gas exchange in
Nov. 7, 2013
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Psoriasis
Psoriasis is a chronic skin condition that can last for 10-20 years. The affected patient will have a high chance of recurrence over their lifetime, even after initial improvement. Approximately 1-2 percent of the world’s population has this skin condition, and 60 people are newly diagnosed with psoriasis in every 100,000 people. Therefore, it is expected that a significant number of people will suffer from psoriasis in Korea. Psoriasis is characterized by scaly, dry skin with redness, together
Nov. 7, 2013
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No Tizen TV before phone: Samsung
Is the smart TV market on the decline? If the current TV market is anything to go by, the answer may be yes. Then, will Tizen, Samsung and Intel’s open source mobile operating system, be able to turn the tide? Kim Hyun-seok, head of Samsung Electronics’ visual display unit, appeared to be stumped for an answer. The executive looked visibly rattled and was silent for several seconds before he said he was unable to comment. Kim was among the high-profit TV and related industry figures and represen
Nov. 7, 2013
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Samsung vows to widen gap with chipmaking rivals
Samsung Electronics, the world’s largest memory chipmaker, vowed to take a solid lead in the global memory market with its advanced vertical NAND flash memory technology, based on plans to unveil 36-layer V-NAND flash memory chips next year. “Samsung will definitely, if we can, enjoy an 80 percent market share,” said Robert Myung Yi, senior vice president of Samsung Electronics’ investor relations team, on Wednesday at Samsung Analyst Day 2013, where the company laid out its mid- and long-term s
Nov. 7, 2013
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YUJIN E-Tech tapping overseas etching market
YUJIN E-Tech, a photo etching firm in South Korea, is seeking to expand its business overseas by exploring potential foreign buyers, the company said.Established in 1993, the company specializes in the etching of numerous goods including metal keypads, juice extractors and filters, name plates, car doors, speakers, grills, and other sorts of electronics.Due to the nation’s harsh business reality facing small subcontractors, YUJIN E-Tech has decided to seek better deals from abroad where it hopes
Nov. 7, 2013
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Samsung to push for more M&As for growth
Samsung Electronics will push for more mergers and acquisitions and increase its presence in health care and smart car industries for future growth, top executives said on Wednesday.The world tech giant held Samsung Analyst Day 2013 to share its future mid- and long-term strategies with around 400 investors, analysts and officials from the IT industry -- the first forum of its kind in eight years.“Convergence (among technologies in different industries) is occurring right now, but not enough. We
Nov. 6, 2013
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Smartphone launcher Buzzpia eyes overseas market
Competition to dominate the homescreens of smartphones is heating up as new Android interface-based customized services emerge in the market.Market analysts forecast that those who dominate smartphones’ homescreens will be able to jockey for position in the mobile era. Jay Seo, CEO of Buzzpia, hopes to get everyone around the world talking about the launcher developed by his firm, Buzz Launcher.“The first target market will be the United States. Success in the nation is especially important sinc
Nov. 6, 2013
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Growing strategic role of CFOs in business
CFO means “chief financial officer.” But, increasingly, I think it has an even bigger meaning. At some top-performing finance organizations, the “F” from CFO is taking on the meaning of “future.”The CFO is the person in most companies who is in the best position to harness the expanding flood of data that can be used to inform and drive corporate strategy. We can’t just be scorekeepers. We need to help the company score ― meaning discovering new revenue growth opportunities.We need to understand
Nov. 6, 2013
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Government to punish KT for satellite giveaway
South Korea's science ministry said Tuesday it has opened a probe against KT Corp. as a part of its move to review the legitimacy of the firm's sales of the country's retired satellites at a dirt cheap price.The move came after parliament's communication committee revealed last week that KT sold the Mugungwha 2 and 3, South Korea's retired satellites launched in 1996 and 1999, respectively, to a Hong Kong-based satellite operator for a combined 4.5 billion won ($4.24 million).According to the co
Nov. 5, 2013
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Domestic SNS Me2day to shut down next June
South Korean microblogging service Me2day is to shut down in June 2014, a local news outlet reported Tuesday. The move is a reminder of how local social networking services have been giving way to global operators such as Twitter and Facebook in recent years.Naver, Me2day’s operator and Korea’s top Internet portal provider, recently said it would discontinue service in the face of market domination by worldwide SNS such as Twitter and Facebook, according to Money Today newspaper.It explained it
Nov. 5, 2013
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LG aims to lead flexible device market with G Flex
Unveiling its first curved smartphone, the G Flex, on Tuesday, LG Electronics expressed its confidence in taking the lead in the nascent flexible smartphone market. “The G Flex is one that shows the right direction for flexible smartphones, and even smart gadgets such as smart watches, to follow. LG will maintain its high reputation in the flexible smartphone market,” said Ma Chang-min, vice president of LG Electronics’ domestic marketing division, at a press conference. The Seoul-based electron
Nov. 5, 2013
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VMware seeks stronger partnerships with Samsung, LG
VMware, a global leader in virtualization software, expressed hopes to stay on close terms with its local clients including Samsung and LG. “Clearly, a part of my trip here is to meet with a number of major companies, some of the major telecoms and chief information officers. Given the long-term relationships I have with these companies, I hope to forge deeper relationships,” said Pat Gelsinger, CEO of VMware, during a press conference at Lotte Hotel on Tuesday. Regarding the possibility of whe
Nov. 5, 2013
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Dongbu Daewoo Electronics opens 100th store in China
Dongbu Daewoo Electronics Corp. has opened its 100th store in China, having first entered the market in July, company officials said Monday.At the opening ceremony for the store held in the city of Hangzhou on Saturday, the Korean electronics firm also unveiled new home appliances including the Classe Cube, a three-door refrigerator with space to store tea leaves, which has been specifically designed for Chinese consumers. Around 200 officials from the Chinese electronics industry participated i
Nov. 4, 2013
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Market share of Android smartphones hits new record in Q3: data
About four out of every five smartphones shipped globally in the third quarter ran on Google Inc.'s Android platform, data showed Friday, further cementing its dominance over other operating systems (OS).Shipments of Android-powered smartphones totaled a record 204 million units in the July-September period, according to the data by Strategy Analytics.That translates into the Android platform powering 81.3 percent of smartphones shipped during the cited period, also a record high, the data showe
Nov. 1, 2013
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Google rolls out Nexus 5 with LG
Google unveiled its new smartphone Nexus 5, which will run the latest Android 4.4 KitKat operating system, on Thursday in San Francisco. Following the previous Nexus 4, the U.S. search engine has again teamed up with LG Electronics.Google chairman Eric Schmidt, visiting Korea this week, met with LG Electronics’ mobile chief Park Jong-seok at the company’s R&D center in Incheon to discuss sales expansion of their latest smartphones. Key changes from its predecessor include a bigger 4.95-inch scr
Nov. 1, 2013
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Bronchitis
Diagnosis of chronic bronchitis is based on the criteria of coughing and sputum production for more than three months in a year for two consecutive years. Smokers who frequently have phlegm are included in these criteria. Smoking is the most common cause of chronic bronchitis, but environmental pollution is another important cause, particularly due to worsening pollution. The increasing number of chronic bronchitis patients each year is thought to be also related to stress. Other contributing fa
Oct. 31, 2013