Most Popular
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Jimin of BTS, actor Song Da-eun suspected to be dating, again
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What's next for the government's push in quota hike?
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Trump may like to 'solve' N. Korean nuclear problem if reelected: ex-official
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Woman falls to death from acquaintance's home after exhibiting ‘unexplained' behaviors
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N. Korea slams planned S. Korea-US military drills, warns of 'catastrophic aftermath'
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‘Malice should not undermine the system, social order,’ says Hybe's Bang
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N. Korea fires short-range ballistic missiles toward East Sea: JCS
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[Robert J. Fouser] Social attitudes toward language proficiency
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[Graphic News] How much do Korean adults read?
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Korean firms target EV charging market in US
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[Photo News] App for auto repair becoming popular
MOBILE APP FOR AUTO REPAIR -- Cardoc, a mobile application that helps find auto repair shops, has surpassed 600,000 downloads. (Cardoc)
March 24, 2016
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Netmarble picks lead underwriters for IPO
Netmarble Games, South Korea’s second-biggest game developer, has selected JP Morgan and NH Investment & Securities to lead an initial public offering, according to people familiar with the matter Wednesday. Accordingly, other two investment banks that Netmarble hired for the listing -- Korea Investment & Securities and Citigroup Global Markets Korea Securities – will take junior underwriting roles. Netmarble plans to float its shares at the end of 2016 or early next year with a market cap of up
March 23, 2016
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Samsung emboldened by robust Galaxy S7 sales worldwide
Samsung Electronics’ latest flagship smartphone Galaxy S7 is enjoying strong sales since its launch on March 11. The company is not revealing sales figures, but industry watchers say the phone could become the best-selling Galaxy phone ever. Samsung’s Galaxy S7 Studio in Guangzhou, China, is packed with visitors. The company operates the pop-up space to experience the latest Galaxy phone in major cities such as London and Hong Kong. (Samsung Electronics)In Korea, more than 100,000 units were sol
March 23, 2016
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Chinese display-makers pose growing threat to Samsung, LG
Korean display giants -- Samsung Display and LG Display -- will continue to face headwinds in the world’s liquid crystal display sector as their Chinese rivals are upping the ante, according to market analysts.Citing prolonged oversupply, dipping demand and increasing clout of Chinese display-makers, the analysts from Korea, Taiwan and Japan all gave a dismal outlook over this year’s LCD market during the Korea Display Conference 2016 in Seoul this week. Samsung Display’s LCD factory in Suzhou
March 23, 2016
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Kona I to export USIM chips to Iran
Smart card chip solution developer Kona I said Thursday that it has signed a supply deal with Mobile Telecommunication Company of Iran, the largest telecommunications firm in Iran.The Seoul-headquartered firm said that it will supply some 10 million USIM chips to the Iranian company, which currently takes up around 70 percent of the Iranian telecom market.Kona I’s integrated circuit card. (Yonhap)Kona I was able to ink the deal after beating Gemalto, the world’s leading USIM chip maker, in a yea
March 23, 2016
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SKT releases robot for software education
Network operator SK Telecom released Albert School, a toy robot for computer coding education, on Wednesday.The robot is the latest version of the company’s toy robot Albert and is specifically designed to help software education at schools. Students attend a computer-coding class run by mobile network firm SK Telecom. (SKT)The previous Albert models can be only controlled by mobile devices such as smartphones and tablet PCs, but students can write computer codes with PCs to control the new Alb
March 23, 2016
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[Photo News] SKT offers free mobile data for tourists
SKT OFFERS FREE MOBILE DATA FOR TOURISTS -- SK Telecom said Wednesday it would start a marketing campaign in which it provides up to 5-gigabyte mobile data for foreign tourists every week. The program, which will be run together with Samsung Electronics and Korean Tourism Organization, picks 250 tourists every week. For more information visit the website of the program: emk.visitkorea.or.kr (SKT)
March 23, 2016
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[Photo News] LG releases ultrawide sinage display
LG RELEASES ULTRAWIDE SINAGE DISPLAY -- A model poses with LG Electronics’ 86-inch digital signage display with a 58:9 aspect ratio in Seoul on Wednesday. (LGE)
March 23, 2016
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[Photo News] Korean Silicon Valley
KOREAN SILICON VALLEY – President Park Geun-hye (left) tries out a virtual reality device along with KT chairman Hwang Chang-kyu at the opening ceremony of the nation’s new start-up accelerating complex, called “Start-up Campus,” in Pangyo, Gyeonggi Province, on Tuesday. Dubbed “Korean version of Silicon Valley,” the campus aims to nurture more than 1,000 start-ups in the next 10 years. (Yonhap)
March 22, 2016
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Samsung pushes quantum dot TVs to restore profits
Samsung Electronics, the world’s largest TV maker, said Tuesday it plans to launch a total of 14 SUHD TV models this year, renewing its commitment to liquid-crystal display in the premium TV market. Amid fierce competition with Chinese rivals, Samsung has poured resources to produce more lucrative high-end TVs, including the latest ones that use quantum dot technology. Samsung Electronics president and TV chief Kim Hyun-seok poses with the company’s latest quantum dot TVs at a launch event in S
March 22, 2016
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Samsung to learn from start-ups
Samsung Electronics will unveil a new vision called “Start-up Samsung” this week in a move to learn from start-ups and improve its rigid top-down corporate culture. The company is expected to reduce emphasis on job titles and give more authority to team leaders.Detailed plans are expected to be announced Thursday, but industry watchers are already paying keen attention to the winds of change blowing at the nation’s largest company. Samsung Group office in Seoul. (Yonhap)Korean companies, especia
March 21, 2016
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IngDan eyes new ecosystem for IoT innovation
SHENZHEN, China -- “Helping turn innovative ideas into products” is a goal shared by numerous tech start-up incubators and accelerators around the world. In Shenzhen, China’s electronics manufacturing powerhouse, one company is looking to tackle this task by capitalizing on the city’s rich resources and its own strengths to establish a new ecosystem for smart device developers. IngDan’s core mission is simple -- linking global start-ups making gadgets that utilize the Internet of Things, everyda
March 21, 2016
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[Photo News] LG No.1 projector maker
LG NO. 1 PROJECTOR MAKER -- LG Electronics said Monday it has maintained the No. 1 position in the global LED projector market for five consecutive years, with a 13.9 percent market share last year. LG Mini Beam, a small portable projector, has sold more than 600,000 units since its debut in 2008. (LG Electronics)
March 21, 2016
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[Photo News] Samsung Galaxy S7 arrives in Kenya
March 21, 2016
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LG, Bang & Olufsen to launch new OLED TVs in 2017
LG Electronics has teamed up with Danish luxury audio and TV maker Bang & Olufsen to develop new organic light-emitting diode TVs, with the first set to be launched next year.The Korean tech giant said Sunday that the strategic partnership will take effect from next year and last for five years. The deal comes at a crucial time for both companies which are struggling to gain traction amid sluggish sales. LG is making an all-out effort to elevate OLED TV sales. The company has poured resources i
March 20, 2016
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[Photo News] LG G5 experience zone
LG G5 EXPERIENCE ZONE -- KT will operate customer experience zones for LG Electronics’ latest flagship smartphone G5 at its retail stores nationwide from Monday before its official launch later this month. The world’s first modular phone has an accessory slot on the bottom for users to swap different modules for better camera and sound functions. (LG Electronics)
March 20, 2016
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GCCEI attracts global leaders and high-ranking officials
Chinese Premier Li Kequiang (center) visits the GCCEI in Pangyo, Gyeonggi Province, in November. (Yonhap)“Wait a minute. I have a question. What is in it for the big companies? What do they get from this collaboration? Do they participate in this for CSR (corporate social responsibility)?” The session was not meant to be a debate, and yet it happened to become one in a very spontaneous manner. A minister of a country said he would stay in our center for 40 minutes, but he stayed for 1 hour and 4
March 17, 2016
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LG bets big on G5, Friends smart products
LG Electronics has been making all-out marketing efforts for its upcoming marquee smartphone G5 and a smart device lineup, dubbed Friends, ahead of their official release in the coming days.After having suffered lackluster sales of the G4 smartphone last year, LG took a bold move by introducing its first modular smartphone G5 and a group of smart devices -- including a 360-degree camera, a virtual reality headset, a ball-shape home monitoring robot, and a toy drone -- which can be controlled by
March 17, 2016
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Samsung still skeptical about OLED TV
Samsung Electronics, the world’s largest TV maker, appears to be skeptical about producing its own version of organic light-emitting diode display TVs largely due to the nascent market. Its sister firm Samsung Display CEO Park Dong-gun on Wednesday reaffirmed that the company was working on larger OLED but had no immediate plans to produce the panels. Samsung’s latest SUHD TV with a quantum dot display“We do not think larger OLED has enough potential although it is attracting a lot of attention
March 17, 2016
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LGD to invest in new production line for OLED lights
Korea’s leading display manufacturer LG Display said Thursday that it would invest in building a new production line for organic light-emitting diodes for lighting products. LG Group’s display business arm said the new production line for its fifth-generation OLED panel, a square sheet measuring 100 cm by 120 cm, will boast production capacity that is 30 times higher than an existing line for OLED panels that are 100 cm by 100 cm. LG Display’s OLED lightsThe new OLED facility, to be built in Gu
March 17, 2016