Most Popular
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Court refuses injunction on medical school expansion
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Why Korean crime stories typically feature nameless, faceless perpetrators
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Debate on 'no-seniors zones' heats up
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S. Korea, Cambodia forge strategic partnership
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Rare mid-May heavy snow warning issued over mountainous areas of Gangwon
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Is NewJeans headed for a long 'break'?
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[KH Explains] Hyundai-backed Motional’s struggles deepen as Tesla eyes August robotaxi debut
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Police raid popera singer Kim Ho-joong's house over hit-and-run suspicions
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New Seoul High Prosecutors’ Office chief vows full-fledged probe into first lady
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Trump may like to 'solve' N. Korean nuclear problem if reelected: ex-official
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LG Chem CEO urges caution amid ‘abnormal’ situation
South Korean lithium-ion battery maker LG Chem’s leader on Monday highlighted the company’s efforts to preserve cash and reestablish a contingency plan to tackle the “new abnormal,” amid the global fight against the coronavirus pandemic. While the “new normal” time has been endeavored since the 2008 global financial crisis, the coronavirus pandemic has ushered in an era of “new abnormal,” Shin said citing futurists and economists warning of econ
April 6, 2020
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KT signs W24b deal to supply IPTV solutions to Thai firm
KT Corp., South Korea's leading telecommunications firm, said Sunday it has signed a 24 billion-won ($19.4 million) deal to supply internet protocol television (IPTV) solutions to a Thai firm. Under the deal with 3BB TV Co.., an affiliate of Thailand's telecommunications giant Jasmine Group, KT will provide its various IPTV-related solutions, including content delivery network technology and set-top box management ideas, to help the Thai IPTV operator start its commercial service in the second
April 5, 2020
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Tobacco firm BAT jumps in coronavirus vaccine development venture
BAT’s US biotech subsidiary, Kentucky BioProcessing is developing a potential vaccine for COVID-19 that is now in pre-clinical testing, the tobacco firm said Thursday. BAT aims to gain partners and support from government agencies to manufacture a vaccine, if successful, to a capacity of between 1 million and 3 million doses per week, beginning in June, it said. The venture is not aimed at making a profit, it added. The project involves BAT’s proprietary, fast-growing tobacco pla
April 2, 2020
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Human testing for Johnson & Johnson coronavirus vaccine this fall
WASHINGTON (AFP) -- Johnson & Johnson said on Monday it had selected a lead candidate vaccine for the new coronavirus that would move to human trials by September and could be ready for emergency use by early next year. The pharmaceutical company has signed an agreement with the US government's Biomedical Advanced Research and Development Authority to invest $1 billion in the effort, it said in a statement. J&J began working on the vaccine under investigation -- Ad26 SARS-CoV-2 -- in
March 31, 2020
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KT’s new chief gets rid of chairman title
Newly appointed CEO of South Korea’s leading telecom company KT Koo Hyun-mo on Monday relinquished his title as chairman, vowing independent and future-oriented management. Koo, who was formerly head of KT’s customer and media division, officially received the green light as the new CEO and president during a shareholders meeting in Seoul. The shareholders also approved the removal of the chairman position, as part of efforts to maximize roles of other decision-makers to improve i
March 30, 2020
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LG dumps flagship smartphone brand G Series
LG Electronics has decided to drop plans to highlight its flagship smartphone brand G Series as part of efforts to turn around its struggling mobile device business, according to industry sources Friday. The company has reportedly decided to ditch the brand name for premium, mass-market models, according to sources. Instead it will start giving separate names for each model. The decision was made public at a meeting between the company and mobile carriers in South Korea. Since launched
March 27, 2020
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Samsung, LG employees to get lower pay raise this year
South Korea’s biggest companies Samsung Electronics and LG Electronics have decided to lower the pay raise for employees this year, according to industry sources Friday. Samsung’s management and representatives of the employees have agreed on a 2.5 percent increase in base salary. However, depending on personal performance evaluation, the rate will vary. Samsung granted a pay raise of 3.5 percent in 2018 and 2019. The lower increase this year reflects growing uncertainties in
March 27, 2020
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[Graphic News] Secondhand smoke kills 880,000 people per year worldwide
More than 880,000 people worldwide died from exposure to secondhand smoke in 2016, compared with nearly 950,000 in 1990, an analysis published by JAMA Network Open concluded. This despite the fact that there were more smokers globally in 2016 - nearly 1 billion, thanks in large part to the increasing popularity of the habit in Asia and Africa - than in 1990, when roughly 850 million people smoked worldwide. The figures suggest that one nonsmoker died from exposure to secondhand smoke for
March 26, 2020
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LG Display deploys engineers to complete OLED fab in China
LG Display said Thursday it aims to complete its new organic light-emitting diode panel manufacturing plant in Guangzhou, China, soon and has deployed 290 engineers from here. The engineers flew on a chartered Korean Air flight after getting entry permission from Chinese authorities. They will stay at a quarantine facility prepared by the company for a certain period of time. All of them have tested negative for COVID-19. LG Display had planned to start operating the Guangzhou fab within
March 26, 2020
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Kakao’s co-CEOs to serve another 2-year term
South Korean internet giant Kakao announced Wednesday that its co-CEOs -- Yeo Min-soo and Joh Su-yong -- will serve another two-year term. The decision was approved at its annual shareholders meeting held in the southern resort island of Jeju. “Kakao’s mission for the next 10 years is to make continuous renovation and evolution to minimize inconvenience of people,” Yeo said in the statement. “The company will also take the lead in resolving various kinds of social iss
March 25, 2020
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Remote work culture finally takes off in Korea, but will it stick?
Various industries in South Korea have been forced into a mass experiment with the remote work system, intent to flatten the spread of COVID-19 since January. With more people working from home, demand for telecommuting solutions has also been rapidly rising. A number of Korean and multinational information technology companies provide top-notch remote work services, while many large firms already have internal remote systems intact. But it remains to be seen whether the emergency work-from
March 25, 2020
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Samsung begins shipment of EUV-based DRAM modules
Samsung Electronics Co., the world's largest memory chip producer, said Wednesday it has started shipping the industry's first DRAM modules made using extreme ultraviolet (EUV) technology. Samsung said it has shipped one million units of 10nm-class (D1x) DDR4 (Double Date Rate 4) DRAM modules that were produced with the technology. "The new EUV-based DRAM modules have completed global customer evaluations," the company said in a release. "EUV technology reduces repetitive step
March 25, 2020
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Internet traffic in Korea increases 13% in March as people self-quarantine
Internet traffic in March has increased 13 percent over January this year as people spend more hours online under the strain of the COVID-19 outbreak, according to an ICT Ministry report released Tuesday. The ICT Ministry met with telecommunications industry officials to discuss the increased internet usage and measures to prevent potential network failures. Previously Netflix had said it would cut its traffic by 25 percent on networks across Europe to prevent interruptions of service, consid
March 24, 2020
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Samsung, LG to send engineers to Vietnam upon govt. permission
Affiliates of Samsung Electronics and LG Electronics will send a total of 430 engineers to Vietnam in order to support their plants’ operations there, as the Vietnamese government has decided to exempt Korean staff from its two-week quarantine policy, according to industry sources Tuesday. Samsung Display will dispatch 180 engineers via a chartered flight from Asiana Airlines to Bac Ninh in northern Vietnam on Saturday, a source said. The engineers will stay in a quarantine facility e
March 24, 2020
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KT teams up with government to develop AI-based healthcare system
Korean telecommunications firm KT has teamed up with ministries here to develop an artificial intelligence-based health care system that could track the novel coronavirus spread, the company said Tuesday. In the research project led by the ICT Ministry and Ministry of Interior and Safety, KT will offer cellular data, which can be used to generate maps that could allow authorities to understand how populations move, as well as how the virus spreads. The data will only be used in a closed datab
March 24, 2020
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Samsung shuts factory in Brazil amid rapid virus spread
Samsung Electronics is shutting down one of its factories in Brazil as the novel coronavirus is rapidly spreading across the Latin American country, according to the company on Tuesday. Samsung is closing the smartphone and home appliance manufacturing facilities in Manaus in the north of Brazil from Tuesday through Sunday in support of the Brazilian government’s efforts to contain the virus spread, the company said. Another factory in Campinas, in the state of Sao Paulo, is running a
March 24, 2020
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Samsung introduces all-in-one power ICs for wireless earbuds
Samsung Electronics Co. on Tuesday introduced the industry's first all-in-one power management integrated circuits (PMIC) for wireless earbuds. The South Korean tech giant said its MUA01 and MUB01 PMICs will allow companies to manufacture true wireless stereo (TWS) devices with "greater flexibility." "Samsung was able to integrate up to 10 discrete components into one, including switching chargers and discharge circuits, enabling the PMICs to occupy less than half the space co
March 24, 2020
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Korean companies shut plants in India upon order over virus
As the Indian government has decided to close all nonessential services across the country until the end of March amid the coronavirus scare, South Korea’s largest companies will temporarily shut their plants operating in India, according to the firms on Monday. Samsung Electronics will halt the production of its smartphone production facility in Noida, about 25 kilometers southeast of New Delhi, from Monday through Wednesday in line with the Indian government’s order. The Samsu
March 23, 2020
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One month with Galaxy Z Flip
With the Galaxy Z Flip, my past month was full of curiosity: how will the next-generation flip phone change my mobile life? In short, using Z Flip was exciting, although I am still unconvinced it is because it provided more practical convenience. First with trivial things, flipping the device back and forth with the right thumb, which made a “thud” sound, was truly satisfying, in a nostalgic sense. It reminded me of the plastic flip phones that I had used until the early 2000s.
March 23, 2020
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Samsung 3rd-largest player in mobile AP market: data
Samsung Electronics Co. edged out Apple Inc. to take third place in the global mobile application processor (AP) market last year, a report showed Monday. Samsung, which makes Exynos chipsets, had a 14.1 percent share of the global mobile AP market in 2019, up 2.2 percentage points from a year earlier, according to data from industry tracker Counterpoint Research. Apple settled for fourth place after its market share declined by 0.5 percentage point to 13.1 percent last year, data showed.
March 23, 2020