Most Popular
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Do Korean doctors make too much money?
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Korean industries gauge impact of Biden's steep tariffs on China
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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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Is FTC's conglomerate listing a boon or bane for Hybe?
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NewJeans to headline palace show
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Coupang's Kim Bom escapes chaebol chief designation again
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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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Harman keeps top spot in speaker market for 4 years
Harman International, a subsidiary of South Korea’s Samsung Electronics, has maintained its top position in the global wireless speaker market for the last four consecutive years, Samsung announced Sunday. According to data by Futuresource Consulting, Harman’s premium audio brand JBL and Harman Kardon claimed 35.7 percent of the global market last year, retaining the market leader’s position since 2015. (Samsung Electronics)US firm Harman was acquired by Samsung in 2016 with an aim to apply its
April 14, 2019
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South Korea to launch state-led efforts against smartphone addiction
The South Korean government on Friday pledged state-led efforts to prevent widespread smartphone addition, as nearly 1 in 5 Koreans surveyed have become “too dependent” on smartphones.During a meeting with government agencies, the Ministry of Science and ICT announced plans to prevent smartphone addition, including launching a government-led task force with the participation of 11 ministries and 14 agencies. The project will focus on four areas: education, counseling, communication and social in
April 12, 2019
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Under Koo Kwang-mo, LG expands investments in US startups
Under its fourth-generation leader Koo Kwang-mo, LG Group is expanding investments in startups in the fields of latest technologies such as mobility and virtual reality in Silicon Valley, according to the group on Thursday. Chairman and CEO Koo visited Silicon Valley last week and toured the group’s venture capital arm, LG Technology Ventures, as part of the group’s efforts to increase investments in new future technologies. The group said the investment unit has invested a total of $19 million
April 11, 2019
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SKT acquires Incross to enter digital ad market
South Korea’s biggest mobile carrier, SK Telecom, has acquired a controlling stake in Seoul-based digital advertisement company Incross, with the aim of expanding into the media and commerce market. In a statement released Thursday, SKT said it had purchased a 34.6 percent stake in Incross for 53.5 billion won ($47.2 million) from NHN. Incross has provided online marketing services through internet and mobile advertisements since its establishment in 2017. The acquisition is expected to boost
April 11, 2019
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LG Chem to invest in 5 battery startups in US, UK
LG Chem said Thursday it will invest a total of $2 million in five startups based in the United States and United Kingdom as part of efforts to co-develop innovative battery technologies.The South Korean battery manufacturer selected the five startups through the Battery Challenge hosted by the company Wednesday, which brought together global startups to pitch ideas for new battery technologies. A startup official introduces the company's technologies at LG Science Park in Magok, Seoul on Wedne
April 11, 2019
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First rotating camera introduced in Galaxy A80
Samsung Electronics introduced a rotating camera with the launch of its midrange Galaxy A80 smartphone model, designed for the so-called “era of live,” the company announced Thursday. In response to consumer preference for more spontaneous photos and the ability to stream live videos and connect over shared experiences, the world’s biggest smartphone vendor in terms of shipments came up with the A80, an edition that offers the company’s first rotating camera. When users launch the camera and sel
April 11, 2019
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A look at what’s behind Smilegate RPG’s IPO push
For the first time since it was founded in 2002, South Korean game developer Smilegate is out to list an affiliate in a bid to diversify its portfolio. Smilegate is the developer of hugely popular shooting game “CrossFire,” which boasts about 650 million users in some 80 countries. Its accumulated overseas sales exceeded 10 trillion won ($8.78 billion) as of April 2018. Contrary to company statements saying it is “simply testing the waters,” industry watchers con
April 10, 2019
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Google to operate data centers for cloud services in Seoul next year
Google has announced plans to operate new data centers for cloud services in South Korea by early 2020, as the global tech giant seeks to diversify its business amid growing competition in the market. During its annual Cloud Next conference in San Francisco on Tuesday, Google said Seoul is one of the two cities it is eyeing to expand its Google Cloud Platforms. It also plans to tap Salt Lake City in the US to operate new data centers. According to Google, Seoul will become the eighth city to o
April 10, 2019
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[Graphic News] Poor diet linked to 1 in 5 deaths globally: study
One in 5 deaths globally is linked to poor diet, experts said, warning that overconsumption of sugar, salt and meat is killing millions of people every year. The United Nations estimates that nearly a billion people worldwide are malnourished, while nearly 2 billion are “overnourished.” But the latest study on global diet trends, published in The Lancet, showed that in nearly every one of the 195 countries surveyed, people were also eating too much of the wrong types of food -- and consuming wo
April 9, 2019
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LG’s AI features become more practical for 5G phone
LG Electronics’ first 5G smartphone, the V50 ThinQ 5G, will feature highly customized artificial intelligence functions that would make users feel as if the smartphone is a real personal assistant, according to the company on Tuesday. Ahead of the 5G model’s launch next Friday, LG revealed functions of the new device that focus on increasing user convenience by reinforcing the AI platform to understand circumstances.For example, the V50 ThinQ will help users with parking. When a user parks and g
April 9, 2019
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S. Korea pledges to spend W30tr for 5G ecosystem by 2022
The South Korean government pledged Monday to invest more than 30 trillion won ($26 billion) to establish a full-fledged 5G environment by 2022, as the country beat its competitor by a hair to begin commercial services of the hyperspeed network last week. During an event to mark the achievement at the Olympic Park in Seoul, President Moon Jae-in introduced the country’s comprehensive 5G-based initiative. In collaboration with private companies, he pledged to build a nationwide 5G network by 20
April 8, 2019
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[Graphic News] Air pollution causes 17,000 deaths in S. Korea in 2017
Poor air quality caused more than 17,000 deaths in South Korea in 2017, more than 90 percent of which resulted from the onslaught of harmful PM2.5 particles, a study released by a US civic group showed. The “State of Global Air 2019” report, published by the Health Effects Institute, revealed that about 17,300 people died from indoor and outdoor air pollution in Korea in 2017, up 23.5 percent from the 14,000 recorded in 1990. In Korea, the death toll from air pollution decreased to 13,200 in 19
April 8, 2019
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[Non-memory Korea: 2] Korean chipmakers to seize nonmemory opportunities in 5G era
With South Korea launching the world’s first commercial fifth-generation telecom network last week, the nation’s semiconductor industry is seeking opportunities in the emerging 5G chipset market in an effort to overcome sluggish demand for memory chips. As Korea’s economy has been heavily reliant on memory exports for the past 35 years, the current down cycle is making a critical dent in the export-driven economy, raising calls for new high-tech export goods to reduce the overdependence on memor
April 8, 2019
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LG out to strengthen LCD TV presence
Amid aggressive expansion by Chinese TV makers in the liquid-crystal display TV market, LG Electronics is moving to strengthen its leadership in the premium LCD TV market, according to the industry on Monday. Although LG has gained more attention with its organic light-emitting diode TVs in recent years, the company still takes a major share of the LCD TV market. It plans to expand its market share and launches new lineups featuring upgraded technologies each year. Out of the total of 218.8 mill
April 8, 2019
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Mobile 5G base stations clustered in major cities
While South Korea began commercial operations of fifth-generation cellular network services last week, there is still a long way to go for customers nationwide to benefit from the hyperspeed services. Rep. Byun Jae-il of the main opposition Liberty Korea Party said Sunday nearly 90 percent of the 5G base stations are currently located in the country’s capital city of Seoul, its surrounding area, and five metropolitan cities. Citing data from the Ministry of Science and ICT, Byun asserted the
April 7, 2019
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Lawmakers call for blockchain regulations to be eased
A bipartisan group of lawmakers has ratcheted up calls for deregulation of the blockchain industry, as the financial regulator has adopted a conservative attitude toward the easing process due to procedural reasons. While the ruling Democratic Party has focused on comprehensive deregulation guidelines, the main opposition Liberty Korea Party has criticized the Moon Jae-in administration for being heavy-handed over technological innovations. Concern has been rising here that the government’s con
April 7, 2019
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S. Koreans start to register 5G phones
Smartphones enabled by fifth-generation telecommunications networks were launched and registered in South Korea on Friday, marking the beginning of a new telecom era. The country’s three mobile carriers -- SK Telecom, KT and LG Uplus -- started offering 5G mobile services for ordinary smartphone users with the launch of the Samsung Galaxy S10 5G model. SK Telecom, the biggest telecom firm by number of subscribers, held a ceremony at its T World shop in Gangnam Station, southern Seoul, to celebra
April 5, 2019
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[Herald Interview] Freshcode hits home run in Korean food delivery scene
South Korea has long been a haven for food delivery. Most of the time, food is delivered to your doorstep within 30 minutes of placing an order. But professional food delivery businesses, such as Baedal Minjok have a downside. Although such services are popular, they are costly due to the number of deliverymen they need to employ. These expenses usually translate into higher retail prices. Overcoming such issues related to cost and efficiency, Seoul-based salad delivery firm Freshcode has deploy
April 5, 2019
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S. Korea, US engage in consuming battle over ‘world’s first’ 5G title
Just an hour before midnight Wednesday, an unexpected telecom subscription event took place in South Korea. The country’s three mobile carriers registered several people as the “world’s first” subscribers to the fifth-generation cellular network. The midnight event was hurriedly scheduled amid reports Verizon was planning its own world premiere of the 5G commercial rollout. At 1 a.m. (Seoul time), the US mobile carrier announced its customers in Chicago and Minneapolis had become “the first in
April 4, 2019
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Samsung makes multi-mode Exynos chipsets for 5G
Samsung Electronics will start offering cutting-edge chipsets as communication solutions for the commercial fifth-generation network, the tech titan announced Thursday. One day before the launch of Samsung Galaxy S10 5G, the company said it has embarked on mass production of the 5G multi-mode chipsets for upcoming 5G premium devices. In addition to the previously introduced Exynos Modem 5100, Samsung unveiled its new single-chip radio frequency transceiver Exynos RF 5500, and a supply modulator
April 4, 2019