Articles by Shim Woo-hyun
Shim Woo-hyun
ws@heraldcorp.com-
KT CEO appointed as new board member of GSMA
KT CEO Ku Hyeon-mo has been appointed one of the four new board members of GSMA, an international industry organization dedicated to representing the interests of mobile network operators, the South Korean telecommunications firm announced Tuesday. Ku said he would put his best effort into leading innovations in a wide range of sectors, including 5G networks, artificial intelligence, platforms and business-to-business areas over the next two years. GSMA director general Mats Granryd express
Technology Nov. 17, 2020
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Mobile carriers, government still deadlocked over frequency pricing
The Seoul government and telecommunications firms held a meeting to negotiate the pricing of frequency reallocation costs for 3G and Long-Term Evolution networks in Seoul on Tuesday, but failed to reach a compromise. The latest meeting was held to close gaps that exist between the government and the nation’s three major telecommunications firms, KT, SK Telecom and LG U+. During the meeting, the ICT Ministry rolled out a new offer to local telecommunications firms, proposing to provide
Technology Nov. 17, 2020
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Hyundai Mobis appoints Axel Maschka as global sales head
Hyundai Mobis, South Korea’s biggest auto parts maker and a key affiliate of Hyundai Motor Group, announced Friday that Axel J. Maschka will become the new head of the company’s global sales division. Maschka is the first non-Korean executive to be hired by Hyundai Mobis in the non-R&D area. Maschka is also the highest-ranking foreign executive ever appointed in the company’s history. Hailing from Germany, Maschka has 30 years of experience in the automotive industry and
Industry Nov. 15, 2020
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Hyundai Motor wins CSR list in China for 5th consecutive year
Hyundai Motor Group has been ranked first among carmakers operating in China in a corporate social responsibility index reported by the Chinese Academy of Social Sciences, the company announced Friday. The company has topped the list measuring carmakers’ corporate social responsibility activities since 2016, the company added. The South Korean automaker was especially recognized for the efforts it made earlier this year in China to help people fight COVID-19, the company explained. H
Industry Nov. 13, 2020
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Hanwha Q Cells to build large-scale floating solar power plant
Hanwha Q Cells, South Korea’s leading solar cell and module maker, will build a 41-megawatt floating solar power plant in Hapcheon, South Gyeongsang Province, the company said Thursday. According to Hanwha Q Cells, the company received approval from the Korea Water Resources Corporation last week and plans to begin construction of the solar farm within this year. When finished, it will be the largest floating solar power plant built at a dam. It will generate enough electricity for aro
Technology Nov. 12, 2020
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SK Telecom launches subscription-based console bundle with Microsoft
SK Telecom, South Korea‘s leading telecommunications firm, said Tuesday that it has introduced a new subscription service for Microsoft‘s Xbox game console in South Korea. The new subscription service bundle is comprised of the latest edition of Microsoft’s Xbox -- the Xbox Series X or Series S -- and a 5G and cloud-based game streaming service, which offers around 100 games for the game console, as well as computers and mobile devices. According to SKT, Korea is currently
Technology Nov. 10, 2020
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Samsung Electronics’ Eco-Life Lab certified by TUV Rheinland
Samsung Electronics said Monday that its microbiology laboratory unit Eco-Life Lab has been certified by international product testing institute TUV Rheinland for finding new ways to analyze microbial activities in electronic products. Samsung Electronics has recently obtained two different certifications from∙the International Organization for Standardization: ISO 22196 for developing a measurement of antibacterial activity on plastics and other non-porous surfaces and ISO 846 for finding a w
Technology Nov. 9, 2020
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Biden win bodes well for Korean exports
US President-elect Joe Biden’s multilateral approach to trade could work in export-reliant South Korea’s favor. But the next administration’s eco-friendly policies and a new approach to dealing with China could weigh on Asia’s fourth-largest economy, according to local sources Sunday. The Bank of Korea said global trade sentiment is expected to recover when President-elect Biden moves to woo US allies battered by Donald Trump’s trade sanctions and work with them
Industry Nov. 8, 2020
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Kakao posts record earnings in Q3
Kakao, the operator of South Korea’s largest mobile messenger platform, announced Thursday that the company had posted record-high sales and operating profit in the third quarter this year. The company’s sales in the three-month period reached 1.1 trillion won ($973.38 million), up 41 percent on-year, according to the company’s regulatory filing Thursday. Its operating profit during the same period rose 103 percent on-year to 120.2 billion won, the company added. Kakao&rsqu
Technology Nov. 5, 2020
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KAIST develops deepfake detection tool
Korea Advanced Institute of Science and Technology has developed an artificial intelligence-powered tool designed to detect computer-manipulated images, the institution said Tuesday. The new Kaicatch software, developed by the KAIST research team led by professor Lee Heung-kyu, is the nation’s first deepfake detection tool, the institution said. The software is capable of analyzing both images and videos to find artificial changes that might be invisible to the human eye. The team deve
Technology Nov. 3, 2020
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Microsoft launches HoloLens 2 in S. Korea
Microsoft Korea Monday announced the launch of mixed-reality headset HoloLens 2 in South Korea, targeting business customers that plan to implement digital transformation. HoloLens 2 is an upgraded version of its mixed-reality headset that uses technology that overlays digital images onto the real world. The latest version of headset was first launched in February 2019. The newest version of mixed-reality headset features a field of view that’s twice as large as the company‘s prev
Technology Nov. 2, 2020
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GM Korea’s workers to go on partial strike
Unionized workers at GM Korea decided to go on a partial strike after they failed to reach an agreement with the company in wage negotiations, according to the union Friday. The union will proceed with a four-hour walkout on Friday and next Monday, it said. GM Korea and its unionized workers held 21 rounds of negotiations beginning in July. The last one ended after 10 minutes, according to the related parties. The partial strike is expected to weigh on GM Korea as it will deepen productio
Industry Oct. 30, 2020
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Golfzon introduces new version of indoor golf simulator
Golfzon, South Korea’s leading screen golf operator, said Friday that it has launched a new version of its indoor golf simulator. The latest version comes with new features that are designed to improve the player experience, according to the company. For instance, it allows players to make changes to putting green soils, which can influence how a golf ball lands and how it rolls on the ground. The users can also adjust the speed of a golf ball rolling on a putting green, according to t
Technology Oct. 30, 2020
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Hyundai Oilbank aims to reduce carbon emissions by 30% over 30 years
Hyundai Oilbank, South Korea’s major refiner, said Friday that the company would lower its carbon emissions by 30 percent over the next 30 years. Under the plan, the South Korean refiner would cut its carbon emissions by 1.79 million tons, from 6.78 million tons last year to 4.99 million tons in 2050. Hyundai Oilbank said the company would also seek zero net growth in greenhouse gas emissions, even while expanding its business. Hyundai Oilbank is currently conducting joint research wit
Industry Oct. 30, 2020
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[Advertising Awards] SK Telecom leads in age of hyper innovation
CORPORATE PR AWARDS/ GRAND PRIZE SK Telecom By Kim Hee-sup Senior vice president of Public Relation Office What use would it be if the latest technologies mean nothing to your life? SK Telecom believes that the new era should be multifaceted just as taste varies from person to person. The new age with technological innovations should also be the same. SK Telecom aims to bring the age of hyper innovation that fits each and every individual. SK Telecom is experiencing transformati
Technology Oct. 29, 2020
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