Most Popular
-
1
Court refuses injunction on medical school expansion
-
2
Why Korean crime stories typically feature nameless, faceless perpetrators
-
3
Debate on 'no-seniors zones' heats up
-
4
Is NewJeans headed for a long 'break'?
-
5
S. Korea, Cambodia forge strategic partnership
-
6
Police raid popera singer Kim Ho-joong's house over hit-and-run suspicions
-
7
[KH Explains] Hyundai-backed Motional’s struggles deepen as Tesla eyes August robotaxi debut
-
8
Trump may like to 'solve' N. Korean nuclear problem if reelected: ex-official
-
9
New Seoul High Prosecutors’ Office chief vows full-fledged probe into first lady
-
10
[Graphic News] UK tops global chart for child alcohol use
-
IT firms aim to be in limelight at FINA championships
More than 2,000 athletes from around the world are flocking to Gwangju, 330 kilometers south of Seoul, to compete in the 2019 FINA World Aquatics Championships from Friday to July 28. While the athletes vie for medals, electronics and telecom companies will try to gain global attention during the biennial international event. As one of the main sponsors for the FINA championships, South Korea’s leading telco KT will showcased its latest fifth-generation technologies, ranging from advanced
July 11, 2019
-
Hanwha to invest in US air taxi startup
South Korean defense company Hanwha Systems said Wednesday that it would join the emerging mobility business by investing $25 million in a US startup that specializes in flying taxis. Tentatively named K4 Aeronautics, the US firm will work with Hanwha Systems to develop the necessary technology to produce personal aerial vehicles. The Korean company said it would increase its investment after acquiring a certain stake in K4 Aeronautics. According to Hanwha Systems, K4 Aeronautics has obtained
July 11, 2019
-
Japan curbs blight Samsung’s system chip vision
Samsung Electronics’ goal of becoming the top logic chip provider by 2030 might be seriously hampered by Japan’s restrictions on exports of hi-tech materials, if the two governments fail to ease the diplomatic tensions soon, according to industry sources Thursday. The tech giant’s April announcement to be the world’s No. 1 in the system-on-chip market beyond memory chips is the first official task of its de facto leader Vice Chairman Lee Jae-yong. However, the latest Japa
July 11, 2019
-
LG Display expects limited impact from Japan's exports curbs
Japan's tougher regulations on exports of key materials to South Korea will have a limited impact on LG Display's production of OLED panels, a senior company official said Tuesday, vowing to secure alternatives as part of its contingency plan.Last week, Japan began adopting a stringent approval process for exports to South Korea of high-tech materials, including fluorinated polyimides used to make flexible OLED displays, as well as resist and etching gas needed in the semiconductor fabrication p
July 9, 2019
-
LG Chem CEO vows to make firm global top 5 chemical biz
Shin Hak-cheol, vice chairman and CEO of LG Chem, vowed Tuesday to make the company one of the world’s five biggest chemical companies in the next five years by doubling its revenue by 2024. “LG Chem will reach 30 trillion won ($25.4 billion) in sales this year for the first time and 59 trillion won by 2024, becoming a global top five company,” Shin said during his first press conference since he took office in February. Shin is the first CEO of LG’s petrochemical a
July 9, 2019
-
Kakao suspends popular emoji sales amid plagiarism row
South Korea’s top mobile messenger app operator Kakao said Monday it has suspended sales of its highly sought-after emoji, amid plagiarism allegations by a Japanese developer. According to the firm, its “DDingdongs Day” emoji is no longer available on its Kakao Talk app store. After it was launched last year, the emoji gained popularity after some K-pop fans spotted popular boy band BTS members using it. Japanese developer Yuki Kanai has claimed that Kakao’s emoji plagiar
July 8, 2019
-
Korean firms fear disruption of digital transformation
Digital transformation has become a buzzword for various industrial sectors around the world – and South Korea is no exception. Ranging from tech giants to small factories, companies here are scrambling to embrace solutions for better business. While digital transformation means different things to different firms, it broadly refers to the use of digital technology to improve productivity. It can be applied to manufacturing processes, marketing strategies and corporate organizations. So
July 7, 2019
-
SoftBank chief considers joint investments on AI with Korean tech leaders
Masayoshi Son, chairman of Japanese conglomerate SoftBank, said Thursday he will make new investments in promising artificial intelligence businesses together with South Korean tech giants, hopefully this year. The IT business tycoon discussed plans to expand cooperation and investments on AI with the leaders of five top Korean tech companies, including Samsung Electronics Vice Chairman Lee Jae-yong, at Korea Furniture Museum in Seongbuk-dong, northern Seoul. In response to a question about the
July 5, 2019
-
Samsung Q2 earnings guidance shows slight improvement
Samsung Electronics’ earnings for the second quarter of 2019 are forecast to show a slight improvement from the previous quarter due to recovery in the display business, according to its earnings guidance announced Friday. The South Korean tech giant is expected to post 56 trillion won ($47.8 billion) in sales with operating profit of 6.5 trillion won during the April–June period, the guidance showed. The figures hovered above market expectations that had estimated Samsung to registe
July 5, 2019
-
SoftBank chief highlights investment for Korea’s AI
Son Masayoshi, chairman of Japanese IT conglomerate SoftBank, highlighted the importance of investments in leading artificial intelligence businesses for Korea to become an advanced AI-powered country during a meeting with President Moon Jae-in on Thursday. In response to President Moon’s acknowledgement that Korea is a latecomer in the AI technology industry, Son said, “AI should (be) the top priority for Korea, and the country needs to focus on related education, policies, investme
July 4, 2019
-
Korea starts work on Japan WTO case
The South Korean government said Wednesday that it has started a legal review for filing a complaint with the World Trade Organization over Japan’s export restrictions -- widely seen as the neighboring country’s retaliation against the ruling by Korea’s top court on wartime forced labor.Trade officials here believe that Japan’s move to limit exports of key materials used to produce semiconductor and displays violates the WTO’s ban on states’ control of exports
July 3, 2019
-
Samsung Galaxy Fold internally ready for launch
Samsung Electronics has completed fixing the flaw in the outer film of the Galaxy Fold and has set a retail price for the Korean market, according to company insiders Monday. In order to prevent the protective film on the outer layer of the foldable display screen from being taken off by hand, the company has decided to adopt a slightly bigger film to cover the entire screen and conceal the edges of the film underneath the screen’s bezel, a Samsung official told The Korea Herald. Sin
July 3, 2019
-
Korean fabless firms turn to Samsung amid Japan risk
Amid rising tensions between South Korea and Japan over the latter’s restriction on exports of high-tech materials to Korean chip and display makers, the country’s fabless businesses turned their attention to Samsung Electronics at a forum held in Seoul on Wednesday. More than 500 officials from fabless and semiconductor equipment firms attended the 2019 Samsung Foundry Forum held at a hotel in southern Seoul to learn about Samsung’s foundry business plans for the year. The num
July 3, 2019
-
Korea speeds up steps to take Japan’s ‘chip move’ to WTO
The South Korean government said Wednesday that it has started to conduct a legal review on its complaint to the World Trade Organization over Japan’s export restrictions -- widely seen as the neighboring country’s retaliation against the ruling by Korea’s top court on wartime forced labor.Trade officials here believe that Japan’s move to limit exports of key materials used to produce semiconductor and displays violates the WTO’s ban on states’ control of expo
July 3, 2019
-
Oracle announces data center launch in S. Korea
US software giant Oracle officially announced on Wednesday that it has established its first data center in South Korea for cloud computing service, stepping up efforts to compete against global and local vendors in the country’s growing cloud market. During a press conference in Seoul, Oracle Korea chief Tom Song said the company’s Cloud Infrastructure Seoul Region became operational May 14. It is one of 19 new data centers that Oracle plans to build by year-end in Mumbai, Sydney an
July 3, 2019
-
Galaxy S10 sales 12% higher than predecessor
The first quarter sales of Samsung Electronics Co.'s Galaxy S10 series smartphones were 12 percent higher than sales of the previous model, industry data showed Tuesday.According to industry tracker Counterpoint Research, 16 million units of the Galaxy S10 were sold between March and May, which was more than sales of the Galaxy S9 series in the same period last year. Samsung introduced the Galaxy S10, the Galaxy S10 Plus, and the Galaxy S10e models in March and released the Galaxy S10 5G sm
July 2, 2019
-
Galaxy Note 10 to be unveiled Aug. 7 in New York
Samsung Electronics will unveil the 10th edition of its Galaxy Note smartphone in New York on Aug. 7, according to an official invitation sent to global media and partners on Tuesday. The Galaxy Note 10 series will be unpacked at the Barclays Center in New York, with two models for the first time. In the invitation for the Note 10 event, Samsung highlighted a hole on the upcoming device’s display with its signature S Pen. Many market watchers are speculating that the Note 10 will hav
July 2, 2019
-
Nvidia confirms plan to produce next-generation GPUs through Samsung
Following speculations that Nvidia is planning to rely on Samsung Electronics to produce next-generation graphic processing units, the US tech giant confirmed Tuesday that it had reached an agreement for foundry cooperation with the world’s largest chipmaker. During a press conference in Seoul, Nvidia Korea chief Yoo Eung-joon said that its production of advanced GPUs will be conducted by Samsung Electronics with its 7-nanometer extreme ultraviolet process.“It is meaningful that Sams
July 2, 2019
-
[Herald Interview] Aspiring entrepreneurs discuss startup ecosystem
From a student’s perspective, tech-savvy South Korea might be just the place to make a promising start as an entrepreneur.But it also has its limits, despite the unprecedented level of support and attention being paid to the startup ecosystem here, according to Korean students who took part in a two-day hackathon in Finland in June, jointly organized by the Seoul-based Korea Startup Forum and Helsinki-based Junction.Three of them sat down with The Korea Herald to talk about what&
July 2, 2019
-
Hanwha introduces new electronic detonator HiTronic II
South Korea’s Hanwha Corp. announced Monday it has introduced an advanced version of its electronic detonator, called “HiTronic II,” with an aim to increase the firm’s global market share to 25 percent by 2024. Hanwha said in a press release that the company had succeeded in developing HiTronic II, an improved version of its predecessor, HiTronic I. Hitting the market in 2015. Hitronic I is the country’s first electronic detonator developed by a local defense firm.
July 1, 2019