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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Is NewJeans headed for a long 'break'?
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S. Korea, Cambodia forge strategic partnership
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Police raid popera singer Kim Ho-joong's house over hit-and-run suspicions
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[KH Explains] Hyundai-backed Motional’s struggles deepen as Tesla eyes August robotaxi debut
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Trump may like to 'solve' N. Korean nuclear problem if reelected: ex-official
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New Seoul High Prosecutors’ Office chief vows full-fledged probe into first lady
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Kepco to raise electricity prices as total debt soars past W200tr
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Samsung’s Q3 earnings likely to surpass W7tr
Samsung Electronics’ third-quarter earnings are in the limelight amid emerging signs of a recovery in demand for memory chips, according to industry sources Thursday. The South Korean tech giant is scheduled to announce its preliminary earnings guidance next week. Market analysts forecast it has posted an operating profit of over 7 trillion won ($5.8 billion) in the July-September period. Shinhan Financial Investment predicted in a report that the tech giant will post 60.64 trillion won in
Oct. 3, 2019
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LG launches affordable LED 4K projector CineBeam
LG Electronics said Thursday the company has expanded its lineup of high-definition projectors by launching an LED 4K projector in addition to the laser versions. The LG 4K CineBeam meets the need of consumers who enjoy watching movies at home. It offers a large-size projected display of up to 140 inches. The latest model uses four LED light sources unlike existing LED projectors by adding one more blue light, which enhances brightness and definition. Google Assistant and LG’s smart
Oct. 3, 2019
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DRAM prices stabilize but yet to rebound
Average prices for DRAM widely used for PCs and solid-state drives have stabilized for a second straight month, raising expectations for a rebound in the coming months, according to the industry on Wednesday. Market researcher DRAM eXchange said the price of 8-gigabit DDR4 mainly used for PCs stood at $2.94 on Sept. 30, unchanged from the end of August. The 128-Gb multiple-level cells going into SSDs and USB drives was $4.11 last month, at the same level from the previous month. It marked
Oct. 2, 2019
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Samsung Next invests in quantum computing startup
Samsung Next has invested in a quantum computing startup spun off from a Harvard institution, in a move seen as the conglomerate’s preparations for next-generation computing, according to the industry on Wednesday. The startup investment arm of Samsung Electronics said on its blog that it has invested $2.7 million in Aliro Technologies with a group of investors including Flybridge Capital Partners. The latest investment was financed by its Q Fund, created last year to invest in innova
Oct. 2, 2019
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Hashed invests in Ethereum scalability project
South Korea’s blockchain fund Hashed said Wednesday it has invested in a project to boost the Ethereum blockchain system’s scalability to accelerate the development of decentralized applications across industries. Called Skale Network, the project has raised $17.1 million so far to launch its mainnet by the fourth quarter of this year. Various accelerators worldwide have participated in the project, including ConsenSys Labs, Multicoin Capital, Recruit Holdings and Winklevoss Capit
Oct. 2, 2019
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YouTube targeted for circulating ‘fake news’
The Democratic Party said Tuesday it is moving to curb “misinformation” on online streaming websites, including YouTube, the most popular content-sharing platform here. The ruling party’s special committee announced its plans to stem the spread of fake news and other misinformation on online platforms during a press conference at the National Assembly. According to its proposal, online platforms can be fined up to 10 percent of their revenue if they fail to remove “fake
Oct. 1, 2019
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Rules waived for LG to run beer tasting events
LG Electronics said Tuesday that the existing regulations banning tech firms from promoting alcoholic beverages has been lifted and it can now host beer tasting events to promote its products. The company had requested the Ministry of Trade, Industry and Energy to waive the existing rules in August.It can now hold tasting events at its shops for beer made from its latest HomeBrew machine launched in July and plans to host events across the country, starting November. The HomeBrew machine ca
Oct. 1, 2019
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Samsung launches highest-end display lineup in Korea
Samsung Electronics on Monday opened a shop for its highest-end display lineup The Wall in the southern part of Seoul, rolling out the first modular displays. The world’s top TV manufacturer is showcasing the 146-inch The Wall Luxury packaged with Danish audio brand ODEPort’s Steinway Lyngdorf audio system Model O at the ODE shop in the Gangnam district. It is the third showcase venue for the latest display technology by Samsung, following the first located in the Harrods depar
Sept. 30, 2019
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ICDM refuses to intervene in Korean firms’ spat
The International Committee of Display Metrology has refused to intervene in the ongoing spat between Samsung and LG Electronics over the technical superiority of their respective 8K TV technologies, according to industry sources Monday. US-based ICDM is an organization of top display metrologists and specialists of related sciences whose goal is to produce standards for measurement and evaluation of displays in a uniform and consistent manner. Regarding the use of contrast modulation -- the lev
Sept. 30, 2019
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[From the Scene] How 5G connects Korea’s most isolated town to world
DAESEONG-DONG, Demilitarized Zone -- Tucked in the middle of the heavily fortified Demilitarized Zone dividing the two Koreas, Daeseong-dong is perhaps the most isolated town in South Korea since the end of the Korean War. There are no supermarkets, shops or hospitals for medical treatment. There are also no restaurants or hair salons. The village does not even show up on navigation systems. While Daeseong-dong residents are far removed from the rest of South Korea, 197 people living there ha
Sept. 30, 2019
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[Advertorial] LS Cable develops aluminum rigid bar for high-speed railways
LS Cable & System has developed an advanced power supply system for high-speed railways with aluminum rigid bars. The South Korean cable and wire company said Sunday the new system could reduce the cost and size of train tunnel construction due to its simple structure.Compared to copper trolley wires, its newly developed aluminum rigid bar will help construction workers build narrower tunnels at a lower cost, the company said. “Since there is no need for facilities to support the
Sept. 29, 2019
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Will KakaoTalk kill off text messaging services?
Despite South Korean mobile carriers’ efforts to rekindle the use of text messages, the prospects of the once-lucrative business continue to look grim. The country’s three biggest telecom firms -- SK Telecom, KT and LG Uplus -- have upgraded their text message services with advanced features like group chatting and video sharing in recent years. But the moves have so far failed to draw users away from the popular messenger service KakaoTalk. While the chatting app has seen a dramat
Sept. 26, 2019
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SKT previews Microsoft’s xCloud game-streaming service for 5G users
South Korea’s telecom giant SK Telecom said Wednesday that it is inviting online applications for free trials of Microsoft’s upcoming cloud-based game-streaming service Project xCloud. According to SKT, Android-based smartphone users who subscribe to its 5G wireless service can sign up until Oct. 8. Those selected to take part will get a glimpse of Microsoft’s game-streaming service next month, SKT said. Trials in the United States and the United Kingdom are scheduled to run s
Sept. 25, 2019
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LG Electronics sues 3 European rivals over patent infringement
LG Electronics said Wednesday it has filed lawsuits against three European home appliance manufacturers with a court in Munich over allegations that they infringed LG’s ice-making patents for side-by-side refrigerators. The accused companies are Arcelik, Beko and Grundig, affiliates of Turkey-based Koc Group, which sell home electronics in European markets.LG claimed that the three firms have violated its patents related to an ice-making system built into the door of a freezer. The Korean
Sept. 25, 2019
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Global e-scooter companies flock to Korea
Global electric scooter operators are entering South Korea’s micro-mobility market, intensifying competition in the bike-sharing market. According to industry sources, US-based e-scooter and bike company Lime is gearing up for its debut in Korea. The company is expected to announce the launch on Oct. 1 in Seoul. Lime has been preparing to enter the Korean market and has been recruiting local employees since earlier this year. Currently, the company is operating in more than 120 cities in o
Sept. 25, 2019
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LG Chem procures cathode materials from Europe’s top supplier
Korea’s leading battery maker LG Chem said Tuesday the company has secured cathode materials for electric vehicles from Europe’s top supplier Umicore with a plan to ramp up its battery production in the region next year. The company signed a contract with the Belgium-based material supplier to procure 125,000 tons of cathode materials -- one of the four key materials for lithium-ion batteries -- starting next year. The amount of purchased materials is equivalent to manufacturin
Sept. 24, 2019
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LG chief highlights speed in preparing for the future
LG Group Chairman and CEO Koo Kwang-mo on Tuesday presided over a meeting of executives of group affiliates for the first time, during which he ordered the top brass to be swifter in preparing for the future. At the annual workshop held for the CEOs of LG affiliates, Koo emphasized that the current crisis facing businesses is different from previous crises, so it is imperative that the group move faster in seeking changes. “The current L-shape economic downturn is new to us, and we h
Sept. 24, 2019
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Samsung SDI to supply EV battery cells for Germany’s Akasol
Samsung SDI said Tuesday it has been picked by German firm Akasol to supply battery cells and modules for commercial vehicles’ power systems. The South Korean battery maker signed an agreement with Akasol, the leading manufacturer of high-performance lithium-ion battery systems in Germany at the International Motor Show in Frankfurt for two large orders for global commercial vehicle makers. Under the agreement, Samsung SDI will supply its battery cells and modules with a total volume of 13
Sept. 24, 2019
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Efforts pick up to help senior citizens use tech in daily lives
The government and companies are seeking to help senior citizens benefit from technological innovations, in light of concerns they might be left behind amid fast-changing digital trends. The Seoul Metropolitan Government said earlier this month it would make its high-tech welfare program available to more senior citizens. Using internet of things technology, the program helps deal with emergencies by monitoring the temperature of houses and physical movements. Meanwhile, mobile carrier SK Tel
Sept. 24, 2019
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Naver aims to create massive ecosystem for online cartoons
South Korea’s internet giant Naver on Tuesday announced its plan to boost online cartoon business’ global market presence by establishing a massive ecosystem for diverse contents and talented artists. Speaking at a press conference in Seoul, Naver Webtoon’s chief Kim Jun-koo unveiled the company’s global market strategy and content creation plans. After its launch in 2004, global services began in 2014.To attract more users to its online cartoon platform, the company
Sept. 24, 2019