LG Electronics is about to duke it out with Samsung Electronics over premium large refrigerators as Korea’s second-largest consumer electronics company is gearing up to launch its new, bigger and better product. LG Electronics said Monday that it will release an all-new four-door fridge brand Dios with a 910-liter storage capacity, the world’s biggest refrigerator, next month. The company added...

LG Electronics, Korea’s second-largest consumer electronics maker, temporarily suspended its television advertisements promoting the company’s Cinema 3-D Smart TV and the London Olympics last week. The company stopped showing its ads for two days after receiving a warning from the Korean Olympic Committee and the International Olympic Committee, according to media reports. Non-Olympic corporate...

A majority of Korean companies, including blue chips, listed on the stock market, are expected to see their free cash flow decline due to the global economic slowdown, said FNGuide, an online financial information service provider. It has estimated that free cash flow of 98 listed companies will fall to 18.4 trillion won on average this year, or 53.8 percent down from about 40 trillion won at th...

“Kakao Talk” was the most popular information and technology search term on Google in the first half of this year, said Google Korea. Korea’s mobile messenger, used by some 50 million people worldwide, recently made headlines over the announcement of its free mobile Voice over Internet Protocol service Voice Talk. This has led to escalating tension between Kakao and two giant mobile carriers ― ...

LG Display has been chosen by the government to lead a project to develop transparent and flexible organic light-emitting diode displays. Korea’s second-largest display-panel maker said that it will develop proprietary technology for ultra high-definition, 60-inch flexible OLED displays by 2017 as part of the government’s “Future Flagship Program” to promote next-generation technologies. The co...

SK Telecom said Monday that it transmitted 3-D broadcasting content through its Long Term Evolution networks for the first time in the world. In an opening ceremony of the 3-D Media Lab in Sangamdong, Seoul, SK Telecom successfully field-tested the 3-D broadcasting transmission. This marks the first time where media and telecommunications technologies of 3-D broadcasting equipment and LTE netwo...

SK Telecom, Korea’s biggest mobile carrier, has successfully tested a new technology for the development of its Long Term Evolution-Advanced, the next generation of 4G LTE. The company said Thursday that it has collaboratively demonstrated the enhanced Inter-Cell Interference Coordination, or eICIC, alongside global communication chip maker Qualcomm and telecommunication equipment maker Nokia Si...

Company vows to further strengthen its cloud and big data business SK Telecom, Korea’s largest mobile carrier, has opened the first center in the country for monitoring cloud computing data and protection systems for enterprises. The company said Wednesday that it has established the cloud monitoring center within its Cloud Data Center in Ilsan, Gyeonggi Province, where it will run 24 hours a d...

SK Telecom, Korea’s largest mobile carrier, has put in place a personal data protection system for consumers subscribing to the company’s mobile network services. The system will be used at some 2,200 nationwide retail stores certified by SK Telecom where customers can sign up for its services or purchase new mobile phones without filling out paper forms. They also can use its security system t...