President Moon vows all efforts to make May launch a success

LG CNS said Thursday the company has completed the transformation of Korean Air’s corporate information technology system into a public cloud service. The LG affiliate embarked on the project three years ago in partnership with Amazon Web Service. Turning a company’s IT system into a public cloud is a newly growing business for IT solution providers like LG CNS as companies start to accelerate their digital transformations. Korean Air’s cloud project marked a first in the

LG Group, the fourth-largest conglomerate in South Korea, on Thursday pledged to create a total of 39,000 new jobs over the next three years. The group’s Chairman and CEO Koo Kwang-mo unveiled the plan during a meeting with Prime Minister Kim Boo-kyum at LG Science Park in Magok, western Seoul. The meeting was attended by the top brass of LG Group, including Vice Chairman Kwon Young-soo and President Lee Bang-soo. The meeting was part of the Korean government’s youth employment p

Nuri, South Korea’s first domestically made satellite launch vehicle, lifted off from the Naro Space Center in Goheung, South Jeolla Province, at 5 p.m. Thursday. The launch vehicle, weighing 200 metric tons, is now on its maiden flight to put a 1.5-ton dummy into low orbit some 600-800 kilometers above the Earth. Korea Aerospace Research Institute says it will know if the launch is a success around 30 minutes after liftoff. Designed and built entirely using Korean technology and

Samsung Electronics Co., the world’s leading maker of smartphones and memory chips, was ranked fifth among the world’s top 100 corporate brands for the second year in a row, according to a consulting firm Thursday. The brand value of South Korea’s IT giant was estimated at $74.6 billion this year, increasing 20 percent from $62.3 billion last year, according to the list of 100 Best Global Brands announced by US-based Interbrand. This is the highest gain observed since 2013 an

Merck, the German science and technology group, on Thursday celebrated the fifth anniversary of its M Lab Collaboration Center in Songdo, Incheon. The M Lab Collaboration Center is a research facility established to support local pharmaceutical and bio industry experts with hands-on and virtual training. “Since its establishment in 2016, our Songdo M Lab Collaboration Center has supported more than 100 biopharmaceutical and biotech customers including Samsung Biologics, Celltrion and SK

Samsung Electronics on Wednesday unveiled the Bespoke edition of its Galaxy Z Flip3, offering as many as 49 new color choices for the clamshell-type foldable smartphone. Samsung presented the new edition on its YouTube channel at 11 p.m. at an event called Galaxy Unpacked, Part 2. The frames come in two colors, black and silver, and customers can choose from five Bespoke colors for the front and rear of the device: blue, yellow, pink, white and black. A total of 49 new combinations are a

South Korea’s first domestically developed satellite launch vehicle moved to launch pad

In an industry first, SK Hynix has developed the fourth generation of high bandwidth memory, or HBM3, the company said Wednesday. HBM is a high value DRAM product with fastened data processing, which combines multiple DRAM chips vertically. Demand for HBM products has been growing from high-performance data center businesses as well as machine learning platform operators. SK Hynix has three previous HBM products, HBM, HBM2 and HBM2E, and the latest development is an update to the HBM2 by in

In a world rapidly digitalizing amid the COVID-19 pandemic, Philips seeks to strengthen its partnership with innovative Korean health care providers, said Frans van Houten, the chief executive officer of the Dutch health technology firm. Through a virtual interview with The Korea Herald on Monday, Van Houten highlighted the importance of having long-term partnerships with health care providers around the world, including those in markets like Korea with strong technological prowess and quali

Windows 11, released on Oct. 5 worldwide, is expected to offer a fresh round of changes for South Korean computer users, global PC makers and distributors, but a mix of unpredictable factors such as COVID-19, the chip shortage and the launch of compatible devices could affect how the new operating system will be received in the coming months. On major online communities here, users continue to share their experiences of Microsoft’s new operating system that comes with an overhauled user

South Korea’s smartphone makers and subscription service providers are expected to face increasing competition from Google, as the tech giant is set to introduce a subscription-based bundle that includes a phone and various Google services, to lock more users into its ecosystem. According to industry sources Monday, Google is likely to launch the Pixel 6 and Pixel 6 Pro smartphones in the US on Tuesday, local time. It is also set to unveil a new subscription service, Pixel Pass, which bu

With a common goal of achieving sustainability in the fashion industry, South Korean tech giant LG Electronics took part in an environmental conference hosted by global fashion magazine Vogue in Poland, the company said Monday. Organized by Vogue Polka with Boston Consulting Group, the Business Fashion Environment Summit was held last month for the second time, and LG participated as an official partner, highlighting its commitment for sustainability and eco-friendliness. The event took plac

LG Innotek said on Monday it is running an open audition program where its employees make proposals to explore new businesses. Employees of the electronic components supplier present their ideas to “i-Lab,” short for “innovation lab,” through video conferences, and get “likes,” questions and feedback from other employees on a real time basis. The 10 ideas that get the most “likes” will be reviewed by management, including the company’s chie

The used phone upcycling program of Samsung Electronics has been chosen as an exemplary case of responsible business management. According to the mobile industry on Monday, the South Korean tech giant’s “Galaxy Upcycling at Home” program received the circular transition award at this year’s Reuters Responsible Business Awards. The award is an annual event that has been taking place since 2009 to acknowledge excellent sustainability business strategies. Samsung Electron