Most Popular
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Top factor for women when looking for dates? Survey says 'age'
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Yoon, Mirziyoyev agree on S. Korea's 1st export of bullet trains to Uzbekistan
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[From the scene] BTS' Jin returns, fans erupt with joy
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How will med professors' walkout on June 18 impact hospitals?
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Couple’s tennis game at Incheon Airport draws public outcry
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[Today’s K-pop] Blackpink’s Lisa hints at solo return
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Record fine on Coupang raises questions about online retail practices
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[Graphic News] 3,444 shade canopies installed in Seoul
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Yoon visits ancient Uzbek city, wraps up Central Asia trip
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Man faces animal cruelty charges for killing his dog for meat
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Gov't to focus on supporting new technologies in 2016
South Korea will inject 44.5 billion won ($37.7 million) in 2016 to support new technologies that can enhance the global competitiveness of its manufacturers, the government said Wednesday. According to the Ministry of Trade, Industry and Energy's industrial parts and materials development strategy, state funds will be used to support cutting edge projects in such areas as autonomous vehicles, wearables, smart factories and the Internet of Things. IoT refers to products with embedded sensors an
Dec. 9, 2015
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[Photo News] SKT, Nokia to develop LTE tech for objects
COMMUNICATION BETWEEN OBJECTS -- SK Telecom said Wednesday that it has signed a memorandum of understanding with network equipment maker Nokia to jointly research and develop a network technology, called the narrow band Long-Term Evolution, which allows low power machine-to-machine communication. (SKT) COMMUNICATION BETWEEN OBJECTS -- SK Telecom said Wednesday that it has signed a memorandum of understanding with network equipment maker Nokia to jointly research and develop a network technology,
Dec. 9, 2015
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Samsung heir honors high-achieving executives
Samsung Group on Tuesday honored 12 Korean and foreign executives who showed the highest achievements among its 400,000 employees over the past year. The award ceremony for the annual “Samsung Award of Honor” was held at the headquarters in Seoul, with some 350 people in attendance, including the recipients, their families and other Samsung executives and employees. Samsung Electronics vice chairman and the group’s heir apparent Lee Jae-yong also joined the event to celebrate. Seven executives
Dec. 8, 2015
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MERS most Googled word in 2015
In 2014, Koreans were just checking the day’s weather on Google. This year, they were keen for information on the Middle East respiratory syndrome. Google Korea on Tuesday announced a list of the year’s top searches, an honest, sometimes embarrassing, peek into what Koreans cared about over the past year. Searches for “MERS” soared from May 20 when the first patient was confirmed in Korea, then peaked in June. Searches for other diseases such as SARS and H1N1 also surged along with those for N95
Dec. 8, 2015
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Huawei Korea chief ‘upbeat’ about business outlook
Chinese network equipment firm Huawei launched its budget smartphone, dubbed the X3, in Korea more than a year ago, but has struggled to secure customers in a market dominated by Samsung, Apple and LG.Huawei Korea chief executive Kelvin Ding, however, is “not disappointed.” At a press conference in Seoul on Tuesday, he stressed that the company was “doing great in other sectors,” in particular, in its strategic focus segment of the business-to-business market. “Our main focus is the B2B segment,
Dec. 8, 2015
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[Photo News] Samsung expands mobile payment system
EXPANDING MOBILE PAYMENT SYSTEM -- Samsung Electronics said Tuesday that rechargeable public transportation cards T-Money and Cashbee are now available on its mobile payment solution Samsung Pay. (Samsung Electronics)
Dec. 8, 2015
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SKT's IoT business gains steam in China
As part of its Internet of Things drive in China, SK Telecom, the nation’s largest telecommunications company, has formed a partnership with WASU Digital TV Media Group, one of China’s largest media businesses Monday, aimed at developing smart devices and conducting joint marketing activities for smart robots and video projectors, the company said in a press release. WASU operates media platforms for mobile and traditional paid-TV services. The state-run Chinese firm has around 1.5 billion subsc
Dec. 7, 2015
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LG Uplus develops smart parking system
LG Uplus, Korea’s third-largest mobile network operator, said Monday it has developed a smart monitoring system for parking lots that deploys the company’s Long-Term Evolution technology.The parking lot monitoring system utilizing the “narrow band LTE” technology allows long-distance communications between sensors installed in parking lots, smartphones and digital devices, with which users can check vacant spots and find their cars. LG Uplus staffers pose with a smart parking solution utilizing
Dec. 7, 2015
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Samsung pushes for drastic reforms
Samsung Group will undertake a major business restructuring next year aiming to restore sluggish profits at Samsung Electronics and other key affiliates. Even though the flagship Samsung Electronics has posted improved earnings in recent quarters, the figures are still lower than those during its heyday in 2013. Analysts expect its operating profits to fall again below the 6 trillion won ($5.14 billion) mark in the fourth quarter. As part of the planned restructuring set to be announced Thursday
Dec. 7, 2015
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Samsung heir likely to buy new shares in Samsung Engineering
Samsung Group said Monday that Samsung Electronics vice chairman and the group’s heir apparent Lee Jae-yong could purchase up to 300 billion won ($260 million) new shares of Samsung Engineering, the troubled plant-making unit. In a board meeting on the day, Samsung Engineering decided to issue new shares worth 1.2 trillion won, or a total of 156 million shares, to improve its financial health. The plant builder suffered an operating loss of 1.52 trillion won during the third quarter of the year
Dec. 7, 2015
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Rivals cry foul over SKT’s merger plan
Mobile carrier SK Telecom’s desire to increase its presence beyond the mobile network industry into the media content platform segment has sparked a backlash from its rival network operators KT and LG Uplus.SKT, which has Internet Protocol TV operator SK Broadband under its wing, has been pushing to acquire Korea’s top cable TV operator CJ Hellovision. Park Hyung-il, an executive of LG Uplus, gives a speech at a press conference last week in Seoul, opposing to SK Telecom’s proposed plan to acqui
Dec. 6, 2015
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Samsung's Galaxy phone most valuable brand in Korea
South Korean tech giant Samsung Electronics' Galaxy smartphone was selected as the most valuable brand in South Korea for the fifth consecutive year, a survey showed Sunday. The Samsung Galaxy phone ranked first in the brand survey by Seoul-based market researcher Brandstock, followed by E-Mart, a discount store chain by retail giant Shinsegae Co.Incheon International Airport, South Korea's gateway airport, climbed up one notch to take third place.Kakao Talk, South Korea's biggest mobile messen
Dec. 6, 2015
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Wearable device users in Korea top 300,000 in Oct.
The number of South Koreans using wearable telecommunications devices has jumped nearly 90 times over the past year thanks to the rising popularity of smartwatches in the country, data showed Sunday.According to the data by the Ministry of Science, ICT and Future Planning, subscribers to wearable telecommunication devices totaled 320,692 as of the end of October, up 90.5 times from a mere 3,542 a year earlier.The market for wearable devices, including smartwatches, has been growing exponentially
Dec. 6, 2015
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Samsung promotions lowest since 2009
Samsung Group on Friday announced a total of 294 executive promotions -- the lowest in six years, reflecting a sense of crisis across its key affiliates.The tally was 20 percent down from last year’s 353 and the lowest since 2009 when Samsung reduced executive promotions to 247 following the global financial crisis. The flagship Samsung Electronics, which has struggled to restore profits, suffered a 40 percent drop from 2013 when the company’s record earnings were reflected in the reshuffle. A S
Dec. 4, 2015
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Is Samsung eyeing camera market exit?
There is widespread speculation that Samsung Electronics may exit from the camera market, given the tech giant’s efforts to restore profits across key affiliates.Samsung has been scaling down its money-losing camera business. Last year, the company combined its camera business into its mobile business division. With no new camera launches since February, the company announced recently it would stop its camera sales in Europe and some Asian markets. What is more, news reports on Thursday suggeste
Dec. 3, 2015
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[Photo News] Mid-end handsets with premium features
MID-END HANDSETS WITH PREMIUM FEATURES -- Samsung Electronics unveiled its updated midrange smartphone lineup Galaxy A in Seoul Thursday. The lineup consists of three models, the A7, A5 and A3. The A7 and A5, fitted with a fingerprint sensor, support mobile payment solution Samsung Pay. (Samsung) MID-END HANDSETS WITH PREMIUM FEATURES -- Samsung Electronics unveiled its updated midrange smartphone lineup Galaxy A in Seoul Thursday. The lineup consists of three models, the A7, A5 and A3. The A7 a
Dec. 3, 2015
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[Photo News] LG recognized for superior design
LG RECOGNIZED FOR SUPERIOR DESIGN -- LG Electronics said Thursday its premium fridge Double Magic Space had won the Compasso d’Oro Award, Italy’s highest accolade for design. The company has also won prizes for the high-end fridge at IDEA, iF and Red Dot design awards. (LGE)
Dec. 3, 2015
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Microsoft put Windows to focus on tablet PCs
Faced with the looming demise of the PC era, the world’s largest software developer, Microsoft, has been shifting its focus toward operating systems for a wider variety of devices, including smartphones and game consoles.The company has been specifically targeting tablet PCs, which are expected to replace desktops and laptops in the coming years. Jang Hong-kook, the head of Microsoft Korea’s device partner business division, delivers a speech at a press meeting in Seoul on Thursday. (MS Korea)Pa
Dec. 3, 2015
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Samsung expands payment tool to budget smartphones
Top tech firm Samsung Electronics Co. will release new editions of the Galaxy A smartphone series later this month, with updated features including Samsung Pay, the company's mobile payment tool that previously only came with high-end models, the company said Thursday.The new Galaxy A (2016) series will come in three versions, namely the Galaxy A7, the Galaxy A5, and the Galaxy A3 with 5.5-inch, 5.2-inch and 4.7-inch displays.The Galaxy A7 and A5 will support Samsung Pay, a mobile payment platfo
Dec. 3, 2015
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Budget smartphone LUNA expected to sell 150,000 by end-Dec.
South Korea's top mobile carrier SK Telecom Co. said Thursday its exclusive LUNA smartphone is expected to post 150,000 sales by the end of this month, amid the rising demand for budget handsets here.The budget smartphone, which made its debut in September, was sold out three weeks after its launch. Launched by TG&Co., the LUNA was manufactured by Foxconn, which is well-known as a key manufacturer of Apple products.SK Telecom said around 70 percent of the buyers are aged below 30, and current sa
Dec. 3, 2015