Most Popular
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Jimin of BTS, actor Song Da-eun suspected to be dating, again
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Police raid popera singer Kim Ho-joong's house over hit-and-run suspicions
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What's next for the government's push in quota hike?
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Trump may like to 'solve' N. Korean nuclear problem if reelected: ex-official
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Woman falls to death from acquaintance's home after exhibiting ‘unexplained' behaviors
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N. Korea slams planned S. Korea-US military drills, warns of 'catastrophic aftermath'
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‘Malice should not undermine the system, social order,’ says Hybe's Bang
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N. Korea fires short-range ballistic missiles toward East Sea: JCS
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[Robert J. Fouser] Social attitudes toward language proficiency
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[Graphic News] How much do Korean adults read?
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Samsung Display remains cautious over investments in QD OLED
Persistent rumors have been circulating over South Korea’s leading display panel manufacturer pursuing a new investment in large quantum dot organic light-emitting diode panels. Samsung Display, however, has refused to confirm the speculation, seemingly cautious over potentially overstepping the business strategy of Samsung Electronics. The rumors spread from the financial market to the display industry on there being some concrete signs that Samsung Display could turn its eighth-generation liqu
Feb. 11, 2019
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BlackRock becomes 3rd-largest shareholder of Samsung Electronics
BlackRock, the world’s biggest fund management company based in New York, has become the third-largest shareholder of South Korean tech giant Samsung Electronics, according to the industry Friday.The US fund operator reported in a regulatory filing that it had purchased an additional 0.04 percent stake or 2,108,161 shares, in Samsung on Jan. 28, raising its ownership from 4.99 percent to 5.03 percent, worth around 14 trillion won ($12 billion). With the purchase, BlackRock has become the third-l
Feb. 8, 2019
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Korea’s share of EV battery market shrinks amid Chinese expansion
Korean battery makers’ share of the global electric vehicle battery market shrank last year amid ongoing expansion by Chinese rivals, a report showed Friday. According to the report by SNE Research, Korea’s biggest battery manufacturer LG Chem’s market share for electric vehicle batteries declined from 8.5 percent in 2017 to 7.6 percent last year, staying in fourth place behind CATL, Panasonic and BYD. Despite seeing 46.8 percent on-year growth in total battery volume actually used by customers
Feb. 8, 2019
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LG adopts German 3D sensor for upcoming G8 ThinQ phone
LG Electronics announced Thursday its upcoming flagship smartphone G8 ThinQ model will adopt a three-dimensional sensor Time of Flight, known as ToF, to provide face identity authentication and a better front-facing camera quality. The ToF sensor will be supplied by German semiconductor solutions provider Infinion Technologies, the Korean tech giant said. Infinion, which posted sales of 9.7 trillion ($8.63 billion) won last year, is a leader in the sensor solutions market for digital security. T
Feb. 7, 2019
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Govt. to ease rule on recharging credit at mobile payment platforms
The government plans to ease a rule on recharging credit at mobile payment platforms as it seeks to promote the financial technology sector, an official said Thursday. Currently, people in South Korea can recharge up to 2 million won ($1,782) at a mobile payment platform, such as Kakao Pay or Naver Pay, meaning they are unable to buy goods worth more than 2 million won through the one-click payment system. (Yonhap)The decade-old regulation is aimed at protecting consumers in the case of bankrup
Feb. 7, 2019
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Samsung chief visits Xian seeking new memory strategy
Vice Chairman Lee Jae-yong, de facto chief of chip giant Samsung Electronics, spent the Lunar New Year holidays in China as part of efforts to seek new strategies in the company’s memory chip business for this year, according to the company on Wednesday. Lee left Seoul for Xian, the capital of Shaanxi province in central China on Monday, a day before China’s New Year Spring Festival began, to check on Samsung’s memory plants in the city. Samsung has been operating a NAND flash plant in Xian sinc
Feb. 6, 2019
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Netflix attributes popularity of ‘Kingdom’ to technological innovation
Without Netflix’s innovative technologies, period drama “Kingdom” might have been tough for foreign viewers to understand, as the series set in 17th century Korea features a wide range of historical and cultural elements as well as forms of language used by different social classes. But visual and voice technologies developed by Netflix have made the drama accessible to global audiences, according to the company. “We are a double helix -- both a technology company and an entertainment company,”
Feb. 6, 2019
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Naver's net down 17.4% in 2018 on increased costs
South Korea's top Internet portal operator Naver Corp. said Thursday that its profit dropped 17.4 percent in 2018 from a year earlier due to heavy outlays in new business sectors.Net profit reached 636.4 billion won ($568.9 million) last year, compared with 770.1 billion won tallied in the previous year, the company said in a regulatory filing. (Yonhap)Operating income reached 942.5 billion won for the whole of 2018, marking a decrease of 20.1 percent from the year before.Sales totaled 5.59 tril
Jan. 31, 2019
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Samsung’s chip windfall unlikely to last in 2019
The so-called “super cycle” in the semiconductor market in the past two years helped Samsung Electronics seal a new record in annual operating profit for the entire 2018 for the second straight year. But it may not be easy for the tech mogul to make it three in a row because of worsening market conditions this year. In an earnings announcement on Thursday, Samsung said it posted 243.77 trillion won ($219 billion) in sales and 58.89 trillion won in operating profit last year, recording the highes
Jan. 31, 2019
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SK Telecom’s T Map to help Grab drivers in Singapore navigate
SK Telecom’s navigation system T Map will run on vehicles of Singapore’s biggest car-sharing service provider Grab within the first quarter of the year, the South Korean mobile carrier said Wednesday. SKT and Grab have signed an agreement to set up the joint venture Grab Geo Holdings in Singapore, co-led by Grab’s service head Jerald Singh as chief executive officer and SKT’s navigation development chief Kim Jae-soon as chief technology officer. SKT CEO Park Jung-ho met with Grab co-founder and
Jan. 30, 2019
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Smart bands not very reliable, tests show
Recent tests conducted by the Korea Consumer Agency indicated that smart bands fell short on accuracy when it came to collecting data.Smart bands are digitized fitness trackers that collect health data including the user’s heart rate, number of steps and calories burned. The accuracy of the data was tested for six of the smart bands currently on the market: the Things SmartBand 2, Samsung Gear Fit2 Pro, Xiaomi Mi Band 3, InBody BAND 2, COA Korea CK COLOR and FitBit Alta HR. (Yonhap)In tests mea
Jan. 29, 2019
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Samsung Pay could include crypto currency wallet on Galaxy S10
Samsung Electronics appears to be expanding its mobile payment strategy to include blockchain technology as it reportedly is planning launch a crypto currency wallet system on the 10th anniversary phones of Galaxy S, according to industry sources Tuesday. Some leaks of alleged images of Galaxy S10 phones showed that the new gadgets offer Samsung Blockchain Keystore that is a crypto currency wallet application. Samsung had filed for related patents overseas last year.If the Galaxy S10 phones are
Jan. 29, 2019
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Seoul runs ‘Korean version of CES’ with Samsung, LG, SKT, Naver
An event that the South Korean government dubbed “the Korean version of the Consumer Electronics Show” kicked off Tuesday for its inaugural three-day run with the participation of 35 domestic IT companies, including Samsung Electronics, LG Electronics, SK Telecom, Naver Labs and a number of small and midsize enterprises. The event was conceived about 10 days ago by the Ministry of Science and ICT, the Ministry of Trade, Industry and Energy and the Ministry of SMEs and Startups with the purpose o
Jan. 29, 2019
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LG already moving toward 6G network technologies
LG Electronics announced Monday it is embarking on a research and development plan for the sixth generation of the telecommunications network beyond the upcoming fifth generation in order to lead the future market. LG opened a 6G research center within KAIST Institute, a research organization for technologies for the country’s economic development run by the Korea Advanced Institute of Technology in Daejeon Metropolitan City, which will be headed by Cho Dong-ho, professor of electrical engineeri
Jan. 28, 2019
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[News Focus] Going walletless: Korea’s mobile payment market diversifies as competition grows
South Korea is increasingly going walletless, as more people are opting to use services that allow payments to be made easily with just smartphones both offline and online. With growing opportunities, smartphone-based payments have drawn interest from multiple players including information and technology companies, credit card companies and the government.It is still unclear which mobile payment service will eventually dominate Korea, where smartphones are ubiquitous. Amid rising competition, Ko
Jan. 27, 2019
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[Tech Brunch] ‘SK hynix’s DDR5 more reliable for automotive memory’
ICHEON, Gyeonggi Province -- The fifth generation of double data rate DRAM that SK hynix developed as the world’s first last year could be a more reliable solution for automotive memory not only because of its speed but also because of its ability to correct errors. The error correction code, known as ECC, self-detects and retrieves errors in data transfer, now embedded in the chip, said Kim Dong-kyun, research fellow for DRAM design at SK hynix, the world’s second-largest memory chipmaker. Such
Jan. 27, 2019
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SK hynix to slash investment amid worsened outlook for chip demand
Amid negative forecasts for memory chip prices and demand for the first half of the year, SK hynix, the second-largest memory provider, said Thursday it will slash capital expenditures on production facilities including equipment. During a conference call held after announcing its earnings results for the fourth quarter of 2018 and for the entire year, the company’s officials hinted at a significant reduction in total investment this year due to weakening macroeconomic conditions and a subsequen
Jan. 24, 2019
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Korea hosts Drone Show Korea 2019
The South Korean government on Thursday kicked off Drone Show Korea 2019 in the southern port city of Busan, with some 100 firms showcasing their latest drones and related technologies.The Ministry of Trade, Industry and Energy said the annual event, which marks the fourth of its kind, is the largest drone-related convention in Asia. It will run for three days through Saturday. (Yonhap)South Korea's top mobile carrier SK Telecom Co. took part in the event, unveiling a new communication service t
Jan. 24, 2019
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[Photo News] Kakao meets Starbucks
Starbucks Korea announced Wednesday it will accept mobile payment service Kakao Pay from Thursday. (Yonhap)In a special promotion until Feb. 7, those who spend 10,000 won ($8.90) or more via Kakao Pay at the coffee chain will be rewarded with special emojis for KakaoTalk. The promotion is available at Starbucks stores nationwide except at Incheon Airport and military garrisons of US Forces. (khnews@heraldcorp.com)
Jan. 23, 2019
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Phone makers to battle for attention next month
Excitement is building ahead of the Mobile World Congress 2019 next month, when up-to-date technologies from leading phone makers are expected to change the way we use our smartphones.Ranging from flexible display screens and in-display fingerprint scanning to gesture control, Samsung Electronics, LG Electronics, Huawei, Xiaomi, Sony and Motorola are planning to debut their new models ahead of the MWC 2019 that kicks off Feb. 25 in Barcelona, Spain. LG on Wednesday sent an invitation to global p
Jan. 23, 2019