Most Popular
-
1
Qoo10 liquidity crisis sparks massive complaints, fears of wider damage
-
2
Yoon urges municipalities to embrace foreigners
-
3
What is happening at Hybe?
-
4
S. Korea to consent to Japan's Sado mines gaining World Heritage status: official
-
5
Korea unveils tax reform bill to spur economy
-
6
Actor’s excessive airport security sparks probe into human rights violations
-
7
Man who let his father die due to financial difficulties to be released on parole
-
8
Actor Yoo Ah-in accused of sexual attack
-
9
S. Korea, China shifting from tensions to cooperation: Seoul
-
10
LG Electronics achieves record earnings in Q2
-
[Market Eye] Can Arm stake deal spur Samsung's breakthrough?
Samsung Electronics Vice Chairman Lee Jae-yong's planned meeting next month with SoftBank founder Masayoshi Son raises the expectation that the South Korean tech giant could find a breakthrough with a new round of investment for future growth in the field of semiconductors. On his arrival to Seoul after a two-week trip overseas, the 54-year-old told reporters Wednesday afternoon that he is scheduled to hold talks with Son in Seoul and that he believes the Japanese tycoon might bring up the issue
Sept. 22, 2022
-
Yoon underlines digital freedom at NYU forum
President Yoon Suk-yeol has emphasized the importance of digital technologies in contributing to the expansion of freedom, a day after he called for collective efforts to decrease the digital gap across the world in his speech at the United Nations General Assembly. “We have to gather our wisdom so that digital technologies can contribute to expanding freedom and set up an autonomously and rationally normative system,” said Yoon during his keynote speech at the Digital Vision Forum
Sept. 22, 2022
-
KAIST, NYU open joint campus in NY
Korea Advanced Institute of Science and Technology and New York University have unveiled the official signage of their joint campus to mark the beginning of a new global academic partnership, KAIST announced Thursday. Under the partnership, the two universities will begin joint research in the first half of next year with a focus on artificial intelligence, convergence neuroscience, biomedical engineering, cybersecurity, next-generation wireless communication and sustainability. The schools also
Sept. 22, 2022
-
LG CNS showcases AI-based English learning app
South Korean information technology service provider LG CNS showcased its artificial intelligence-based English-learning app, Speaking Class, on Thursday at Edtech Korea Fair 2022, which is being held for three days starting Thursday at Coex in Gangnam, southern Seoul. The app, geared toward students in elementary through high school, hosts 71 textbooks including those from major textbook writers such as YBM, Dong-A Publishing and Mirae N. The IT firm said that unlike other English-learning apps
Sept. 22, 2022
-
Samsung's Lee to meet SoftBank's Masayoshi Son possibly over Arm deal
Samsung Electronics Vice Chairman Lee Jae-yong said Wednesday that he plans to meet SoftBank founder Masayoshi Son next month as the Japansese tycoon visits Seoul. "Next month, Son is expected to visit Seoul," Lee told reporters at Seoul Gimpo Business Aviation Center Wednesday afternoon as he wrapped up a two-week overseas trip. "Probably, Son might come up with such a proposal, but I have no idea what that is," he said when asked whether he met any Arm officials during his
Sept. 21, 2022
-
Dyson's Gen5 Detect vacuum cleaner makes debut in Korea
Consumer electronics giant Dyson said on Wednesday it would begin to sell its brand-new cord-free vacuum cleaner Gen5 Detect that boasts stronger power density, deeper cleaning ability and longer battery life compared to its predecessors in South Korea and China. Its Hyperdymium Motor allows Gen5 Detect, the newest release on the lineup since V15 Detect in May 2021, to have up to 262 airwatts of suction power, higher than the V15 Detect's 230 airwatts. The Gen5 motor, which is lighter than
Sept. 21, 2022
-
[Newsmaker] Researchers discover silver lining in autism treatment
South Korean researchers have discovered how early diagnosis and medication may help ease symptoms of those with autism spectrum disorder, the Institute of Basic Science said Wednesday. Autism is a type of brain development disorder found in about 2 percent of the world population, according to the IBS. Common symptoms include a lack of social communication and interaction skills as well as repetitive behaviors and unexpected reactions. The exact cause of autism and its treatment still remain u
Sept. 21, 2022
-
[Interactive] How to spot dementia in a man's best friend
Sept. 21, 2022
-
[Photo News] Companion for the blind
A guide dog walks with a trainer during a press event at Samsung Guide Dog School in Yongin, Gyeonggi Province, Tuesday. Samsung Fire & Marine Insurance held the event to celebrate the 29th anniversary of the program, a pet project of the late Samsung Group Chairman Lee Kun-hee. Dogs for eight people were assigned to people after being trained for years. (Samsung Electronics)
Sept. 20, 2022
-
LG Energy Solution to unveil moduleless EV battery in 2025
South Korean lithium-ion battery cell maker LG Energy Solution plans to develop a moduleless concept for pouch-type high-nickel batteries to increase EVs’ space utilization, reduce weight and improve cost competitiveness by 2025. Unlike the existing module-to-pack concept, the new concept, called "cell-to-pack," will simplify the process of assembling pouch cells directly into battery packs, Choi Seung-don, LG Energy Solution's senior vice president and automotive battery de
Sept. 20, 2022
-
S. Korea to spend W200b for R&D digitalization
South Korea will spend 200 billion won ($144 million) on digital integration strategy projects over the next five years to shorten the time researchers take to solve complex problem surrounding new technologies by decades, the Ministry of Science said Tuesday. According to the ministry, the government will use the financial support for projects that integrate artificial intelligence, digital twin and big data into developing diagnoses of diseases such as intractable cancer and dementia, nine ne
Sept. 20, 2022
-
Korean battery makers set for growth as demand outside China soars
Three major South Korean battery cell makers -- LG Energy Solution, SK On and Samsung SDI -- are projected to see steady growth in revenue and profitability in the next few years as they race to meet the growing demand for secondary batteries to power electric vehicles in the United States, data showed Tuesday. The three companies' combined revenue will reach $121 billion by 2025, up nearly fivefold from the $27 billion recorded in 2021, according to Korea-based battery market tracker
Sept. 20, 2022
-
Korea Herald to hold forum on tech reshaping humanity
The Korea Herald, the nation’s largest English newspaper by circulation, will hold its annual business forum on Oct. 19 to shed light on the latest technology trends that could change the way people live and the ways to make the transition smooth and effective. Under the theme of “Humanity in Tech,” the forum invites policymakers, industry leaders and diplomats to discuss what technological advances mean for people-to-people exchanges and the life adjustments needed to make the
Sept. 19, 2022
-
Memory chip downtrend haunts Samsung, SK hynix
South Korean semiconductor stocks are treading on a bumpy road as slowing orders in the chip industry plaguing memory powerhouses Samsung Electronics and SK hynix have dampened prospects. Since January, Samsung Electronics' share price has fallen nearly 30 percent, while its hometown rival SK hynix has seen its share price drop over 30 percent. On top of this, stock analysts are revising down the price target of the two memory chip giants, and expecting the quarterly profit to turn slimmer
Sept. 19, 2022
-
Celltrion’s anticancer biosimilar Vegzelma gets sales approval in UK
The Medicines and Healthcare products Regulatory Agency -- the UK’s drug authorization body -- has granted Celltrion sales approval for oncology biosimilar Vegzelma in the country, the South Korean company announced Monday. According to Celltrion, Vegzelma was authorized for the treatment of multiple types of cancer including metastatic breast cancer, non-small cell lung cancer, ovarian cancer and cervical cancer. The UK approval came a month after Vegzelma received a green light from th
Sept. 19, 2022
-
State review on national R&D projects to be shortened
South Korea will cut down the time it takes to complete the review process for national research and development projects to 4 1/2 months from the current seven-month period to secure the timeliness of certain projects, the Ministry of Science and ICT said Friday, as it announced the revised policies to enhance the country’s preliminary feasibility study for R&D projects. According to the ministry, projects that will be subject to the new review policy will be limited to those that pass th
Sept. 18, 2022
-
Korean drugmakers unfazed by Biden order to beef up US bio sector
US President Joe Biden’s executive order on bolstering the country's biotechnology and biomanufacturing sectors with over $2 billion in spending will not dampen the outlook for the South Korean bio industry, according to industry insiders and analysts. The US-first initiative could rather serve as an opportunity for Korean companies, they said. “The US’ move appears to be another attempt to solidify the ‘made-in-America’ efforts, similar to the electric vehicle and
Sept. 18, 2022
-
Samsung chip plants look to stamp out carbon footprint
Chip factories have long been considered the biggest culprit in the computing industry behind climate change. Advancing abatement technologies to reduce carbon emissions is the top priority in the Samsung Electronics semiconductor unit's goal to become carbon neutral by 2050, a top official said Friday. "Treatment of gas used to manufacture semiconductor chips is our biggest focus in our spending (to achieve net-zero emissions)," Song Doo-guen, executive vice president and head of th
Sept. 18, 2022
-
LG Uplus vows to go all in on platform businesses
LG Uplus, South Korea’s third-largest telecom operator by market share, has pledged to increase the sales proportion of non-telecommunication services to 40 percent of the total by 2027 with a focus on developing platform businesses. “Now moving beyond the area of traditional telecom businesses, we are looking to open up the era of ‘U+3.0’ that creates data- and technology-based platforms and services centered around customers to discover future growth engines,” sa
Sept. 15, 2022
-
NFT to be made available on Samsung's smart TVs
Digital art platform ArtToken said Thursday it has partnered with Samsung Electronics to provide non-fungible token art contents on Samsung’s smart televisions. Customers will now be able to purchase, store and view NFT artworks from home through Samsung’s smart televisions. ArtToken’s NFT platform will be connected to Samsung’s smart hub through a smart TV application, the company said. The app was showcased at Europe’s largest home appliances tech show IFA 2022, h
Sept. 15, 2022