Most Popular
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Seoul vows action over Naver's Line, Yahoo dispute
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[KH Explains] Hyundai Motor’s plan for new landmark keeps hitting bumps
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[Grace Kao] American racism against Stray Kids
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Key S. Korean, USFK special operations officials to hold rare meeting amid NK threats
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Samsung doubles down on Vietnam
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In Beijing, S. Korean top diplomat aims to jumpstart ties with China
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NewJeans' members' parents complained to Hybe, email shows
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Controversy brews over shakeup of prosecutors amid probe of first lady
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Suspect behind murder of Korean tourist in Pattaya arrested
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Prosecutors summon pastor involved in Dior bag scandal
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Samsung tipped to rank 3rd in 5G smartphone production this year: report
Samsung Electronics Co., South Korea's leading tech firm, is expected to rank third in terms of 5G smartphone production this year, a report showed Wednesday. Samsung's 5G smartphone production for the year is estimated at 29 million units, placing the company in third place globally, according to market researcher TrendForce. "Samsung has been experiencing setbacks in the Chinese market in recent years," it said. "Although these setbacks have not seriously affected its global
July 22, 2020
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Kakao Commerce to take over Kakao‘s character business
South Korean tech firm Kakao will relocate Kakao IX Corp.’s character merchandising business to its e-commerce unit Kakao Commerce, according to industry sources on Wednesday. Kakao IX, the current operator of character business, will finalize the restructuring during an upcoming board meeting early next month, the sources added. The latest corporate reshuffle is likely to give a boost to Kakao’s growing e-commerce business unit. Kakao Commerce last year marked 296.1 billion won
July 22, 2020
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MakinaRocks attracts W12b investments from LG, Hyundai Motor
Artificial intelligence solution startup MakinaRocks said Wednesday the company has completed the Series A round, winning a total of 12 billion won ($10 million) worth of funding from large South Korean businesses including LG and Hyundai Motor. MakinaRocks develops and provides solutions that can detect and prevent errors and defects during manufacturing processes based on deep learning and enhanced learning algorithms for companies that operate complex and large-scale manufacturing facilit
July 22, 2020
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LG Velvet offering 5G hits US market
LG Electronics’ design-focused Velvet smartphone has become available in the United States, providing US consumers a new 5G device choice, according to the company on Wednesday. The 6.8-inch organic light-emitting diode screen phone with a triple rear camera module in its signature water drop design will retail for $599 via US mobile carrier AT&T first and through T-Mobile and Verizon later this summer. The retail price is viewed as lower than expected compared to 5G phones avail
July 22, 2020
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Samsung to host online event to unveil new gadgets, tech innovations in Sept.
Samsung Electronics Co. will stage its own event to introduce the company's new products in the upcoming months after it decided to skip the largest consumer electronics show in Europe. Samsung said it will host an online event, titled "Life Unstoppable," on Sept. 2, to unveil its latest innovations in mobile phones, wearables, TV, audio and home appliance products. "The brand will take guests through an interactive virtual world, unveiling new products and demonstrating how th
July 22, 2020
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Samsung, Hyundai Motor to cooperate on future cars beyond batteries
Discussion and cooperation on future mobility technologies are seemingly picking up speed between South Korea’s two biggest conglomerates, Samsung Electronics and Hyundai Motor Group, raising expectations on tangible business partnerships on development of next-generation vehicles and automotive solutions. The company’s de facto leaders, Lee Jae-yong of Samsung and Chung Euisun of Hyundai Motor, met officially on Tuesday for the second time this year to discuss future mobility tec
July 21, 2020
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SK Telecom to export 5G mobile edge computing tech with Hewlett Packard Enterprise
South Korea's leading telecom operator SK Telecom Co. said Tuesday it has partnered with Hewlett Packard Enterprise (HPE) to export its 5G mobile edge computing (MEC) technology. The carrier signed an agreement to form a consortium with the Asia Pacific and South Korea units of HPE to provide the key 5G technology to global telecom operators. The consortium is currently in talks with telecom operators in Malaysia and Thailand and plans to target North American and European markets, according
July 21, 2020
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Samsung to introduce 5 new devices at online event on Aug. 5
Samsung Electronics Co. will unveil five new products at its upcoming launch event, the company's mobile business chief said, with a focus on delivering new experiences. In an editorial posted on the company's website on Monday, Roh Tae-moon, who heads Samsung's mobile communications business, said the South Korean tech giant will introduce five new devices at the Galaxy Unpacked event on Aug. 5. For the first time, the event will be broadcasting live from South Korea, according to Samsung.
July 21, 2020
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Naver moving oversea data center from Hong Kong to Singapore
Naver Corp., South Korea's top internet portal operator, said Monday it is moving its overseas data backup center from Hong Kong to Singapore amid privacy concerns in the Chinese territory. Concerns about leaks of personal information arose after China implemented a new security law in Hong Kong early this month. Naver said it is in the process of changing the host country of backup data servers to Singapore from Hong Kong. "(We) deleted all backup data saved at the center in Hong Kong
July 20, 2020
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LG Display to begin to mass-produce OLED panels in China soon
LG Display Co., South Korea's major display panel maker, said Monday it will begin to mass-produce OLED panels soon at its factory in Guangzhou, China, after a one-year delay due to the new coronavirus outbreak. LG Display said it is currently producing 8.5 generation OLED panels at the factory on a small scale but will begin mass production soon. The company completed the construction of the factory in August 2019, but its plan to produce the panels was largely held off due to the COVID-19 p
July 20, 2020
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Samsung hints Galaxy Fold 2 to debut in August
Samsung Electronics has hinted it is planning to unveil its second edition of Galaxy Fold at the upcoming Unpacked event in August, according to a short teaser video uploaded on one of its social network channels. On a Twitter account run by Samsung’s UK office, a video clip featured a drop of rose gold paint transforming into a symmetrical shape assumed to be a butterfly. It also displayed the date of the Galaxy Unpacked event that falls on Aug. 5. The butterfly image previously sym
July 20, 2020
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Korea’s homegrown AI medical solution goes to Saudi Arabia
The South Korean government Sunday expressed hopes to safely bring its newly developed artificial intelligence medical software “Dr. Answer” to local and overseas markets, after it agreed to export the solution to hospitals in Saudi Arabia earlier in the week. Dr. Answer is an AI-enabled software designed to offer doctors accurate medical diagnosis by identifying abnormalities in body fluids and tissues. The software is currently able to diagnose eight diseases, including cancers,
July 19, 2020
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LG Electronics CTO to join IFA 2020 press conference
LG Electronics announced Friday that the company’s chief technology officer will join the IFA 2020 press conference as a speaker in September. Although the largest trade show for consumer electronics in Europe is to be held on a smaller scale than in previous years due to the protracted COVID-19 crisis, LG has decided to participate. LG CTO Park Il-pyung is expected to discuss how the South Korean company plans to offer new value to its customers in the era of the new normal, the firm
July 17, 2020
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[Feature] ‘Don’t miss out on medical care on account of COVID-19’
Pandemic-induced delays in seeking medical attention could lead to more lost lives and damaged health from illnesses apart from COVID-19, leading health experts say, calling for solutions to ensure access to care amid the crisis. When the outbreak was emerging here earlier this year, people were discouraged from making trips to doctors over concerns of contracting or unknowingly spreading the new coronavirus at health institutions. Nearly half a year later, statistics show alarming declines in
July 16, 2020
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Samsung heir checks on automotive MLCC biz in Busan
Samsung Electronics Vice Chairman Lee Jae-yong on Thursday visited Samsung Electro-Mechanics’ manufacturing facility for automotive multilayer ceramic capacitors located in Busan as part of the latest parade of on-site management. It marked the first visit by the Samsung heir since the factory began operation in 2018. Samsung Electro-Mechanics is an affiliate that supplies MLCCs for many of Samsung’s electronic products and camera modules for Galaxy smartphones. MLCC is an ess
July 16, 2020
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Leaders of Samsung, Hyundai Motor to meet again over car battery
Samsung Electronics Vice Chairman Lee Jae-yong and Hyundai Motor Group Executive Vice Chairman Chung Euisun are expected to meet again to hold a second round of discussions on next-generation electric car battery technology, according to news reports Thursday. Lee is likely to visit Hyundai Motor’s research and development institution in Hwaseong, Gyeonggi Province, Tuesday, according to the reports. The visit is being planned in response to Chung’s visit to Samsung SDI’s
July 16, 2020
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Samsung CEO expresses concerns about protectionism in post-COVID-19 era
Samsung Electronics’ consumer electronics CEO Kim Hyun-suk on Wednesday expressed concerns over trade protectionism in major countries following a downturn in the home appliance market after the COVID-19 pandemic. During a brief meeting with local reporters, the head of Samsung’s consumer electronics said the company will undergo a more difficult situation in the fourth quarter of this year in the aftermath of the pandemic outbreak. “The global economy, consumer sentiment
July 15, 2020
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Telecom firms to invest W25tr in 5G infrastructure
The ICT Ministry of South Korea on Wednesday announced that the government and the nation’s major telecommunications firms would invest around 25 trillion won ($22 billion) by 2020 to expand the nation’s 5G infrastructure. The agreement came after the meeting between ICT Minister and the leaders of the nation’s three major telecommunications firms, SK Telecom CEO Park Jung-ho, KT CEO Koo Hyun-mo and LG U+ Vice Chairman Ha Hyun-hwoi. During the meeting, ICT Minister Choi stre
July 15, 2020
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LG launches global expert group on future technologies
LG Electronics has launched a global expert group for the purpose of developing insights on new technologies and discovering new business opportunities, the company announced Tuesday. Chaired by LG’s Chief Technology Officer Park Il-pyung, the expert group dubbed as “Innovation Council” will serve as a body that will bring together 12 tech experts around the world and give them chances to discuss new trends and industrial moves. The members include Robust AI CTO Rodney Br
July 14, 2020
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Samsung heir lays out 6G vision in new white paper
Samsung Electronics on Tuesday announced its vision for the sixth-generation telecommunications network by releasing a white paper supervised by Vice Chairman Lee Jae-yong. The white paper entitled “The Next Hyper-Connected Experience for All,” outlines Samsung’s vision for 6G, covering various aspects related to the next-generation network system, including technical and societal megatrends, new services, requirements, candidate technologies and an expected timeline of sta
July 14, 2020