Most Popular
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Jimin of BTS, actor Song Da-eun suspected to be dating, again
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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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Korean firms target EV charging market in US
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Naver under FTC investigation for alleged abuse of power in online video market
South Korea’s Fair Trade Commission is reportedly investigating local internet giant Naver on allegations that the company abused its status as the country’s most-used portal website to engage in unfair practices in the online video market.The FTC’s Anti-Monopoly Bureau on Thursday conducted an on-site investigation of Naver’s headquarters in Pangyo, Gyeonggi Province, to look into the allegations, according to local news reports. (Yonhap)The recent investigation appears to be an extension of t
July 27, 2018
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SK hynix to construct W3.5tr memory plant in Icheon
SK hynix, South Korea’s second-largest chipmaker, said Friday the company will construct a new semiconductor fabrication plant at its headquarters in Icheon, Gyeonggi Province, in response to growing demand for memory chips. The announcement was made a day after the company reported all-time high earnings in the second quarter. Construction will begin at the end of this year on a 53,000-square-meter site on the company’s Icheon campus with a schedule to be completed by October 2020. SK hynix's
July 27, 2018
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SK hynix achieves record-high Q2 profit on strong DRAM, NAND growth
SK hynix, South Korea’s second-largest memory chip provider, achieved the largest-ever second-quarter profit this year, owing to unwavering growth of demand for memory chips. The firm is forecast to continue benefiting from favorable market conditions in the second half of the year, according to its earnings announcement Thursday. The Korean memory chip maker posted 10.37 trillion won ($9.25 billion) in sales and 5.57 trillion won in operating profit for the April-June period, jumping 55 percent
July 26, 2018
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[Weekender] What blood types are really about
In some East Asian countries, a person’s blood type is believed to determine personality traits including temperament and compatibility with others. However, the scientific community dismisses the blood type personality theory, citing a lack of evidence. They say blood types are maintained as a classification system for safe transfusions of blood in emergency situations.Known as the ABO blood group system, different blood types were first discovered by Austrian Physician Karl Landsteiner in 1900
July 26, 2018
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Naver’s Q2 operating profit falls 12.1% on expanded tech investment
South Korean internet giant Naver said Thursday that its operating profit in the second quarter fell 12.1 percent on-year to 250.6 billion won ($224 million) due to a slowdown in the growth of its mobile and online business and increased investment in new technology innovation.Meanwhile, revenue in the April-June period reached 1.36 trillion won, up 20.7 percent from the same period in the previous year. Net profit also grew 83.1 percent on-year to 314 billion won, the company said.Despite the r
July 26, 2018
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Samsung takes down Xiaomi in India in Q2
South Korea’s Samsung Electronics has beaten China’s Xiaomi in the Indian smartphone market share in the second quarter of this year, according to a research firm Wednesday. Samsung accounted for 29 percent in terms of smartphone shipments in the Indian market during the April-une period, slightly outpacing Xiaomi at 28 percent, showed data by Counterpoint Research. The Korean smartphone maker ceded its leading position in the market to the Chinese player in the fourth quarter of last year for t
July 25, 2018
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NCSoft to incorporate AI in business
South Korea’s leading game developer NCSoft said Tuesday it is working to incorporate artificial intelligence technologies into diverse business areas.The firm’s research and development pivoting on AI began after a relevant team was launched by NC West CEO Yoon Song-yee in 2011.Currently, a total of five relevant teams along with a 100-strong workforce are operated under company's CEO Kim Taek-jin, categorized under the AI center and Natural Language Processing center. They include the game AI
July 24, 2018
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KT unveils world’s first blockchain-powered commercial network
South Korea’s leading mobile carrier KT unveiled what it called the world’s first blockchain-based commercial network on Tuesday, and announced its aim to create the most trusted network for individual users and businesses. In telecommunications, blockchain technology can be used for efficient and secure data distribution and transactions, said Seo Young-il, head of the KT Blockchain Center at KT’s Institute of Convergence Technology, who has been working for more than three years to develop suc
July 24, 2018
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Korea to invest W42b in next-gen medical devices powered by AI, robotics
The South Korean government on Tuesday kicked off a new joint initiative to speed up the development of next-generation medical devices powered by artificial intelligence and robotics, launched as part of the country's “bio economy” drive, the Science Ministry said. As part of the initiative, the Ministry of Science and ICT, together with the Ministry of Trade Industry and Energy, the Ministry of Food and Drug Safety and the Ministry of Health and Welfare, will be allocating 42 billion won ($36.
July 24, 2018
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Upcoming Samsung products to be more conversable with Bixby 2.0
Samsung Electronics is focusing on making the second edition of the digital assistant Bixby more conversable on upcoming flagship products ranging from wearables and smartphones to TV and other home appliances in the second half of the year, according to the industry on Monday. Anticipations are high on the expected unveiling of Bixby 2.0 with the Galaxy Note 9 on Aug. 9, as Samsung spent nearly one year and six months on improving the artificial intelligence platform’s accuracy in voice recogni
July 23, 2018
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Samsung consents to conclusive arbitration on leukemia victims’ dispute
Samsung Electronics and South Korean labor advocacy group SHARPS have agreed to unconditionally accept a mediation body’s proposed compensation plan for those who contracted serious illnesses, including leukemia, while working at Samsung’s semiconductor and display production sites.Samsung Electronics said Sunday that the two sides have agreed to accept without objection an “arbitration plan” to be proposed by a state-appointed legal body, and effectively end an 11-year-old dispute over occupati
July 22, 2018
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[From the Scene] Samsung ready for mass production of micro LED displays
SUWON, Gyeonggi Province -- On the second floor of the R4 building on the Samsung Digital City campus in Suwon, Gyeonggi Province, a room is filled with prototypes of micro light-emitting diode displays set for market release in the coming months. The lineup of exhibited prototypes includes The Wall, first unveiled at the 2018 Consumer Electronics Show in January, which is the next generation of smart displays using micro LED technology. Micro LED displays consist of arrays of microscopic LEDs f
July 22, 2018
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Raonsecure opens service for ethical hacker training
South Korean cybersecurity service provider Raonsecure has launched an education solution to help students hone skills to identify security flaws and defend against hacking attacks, according to the company Thursday. Dubbed Raon Capture the Flag, the education service consists of a curriculum inspired by a mock hacking test scheme. Raonsecure’s in-house white hat hacker center called Raon Whitehatcenter took part in developing the solution, according to Raonsecure. White hat hackers refer to eth
July 19, 2018
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‘Apple still on way to innovation’
SEOGWIPO, Jeju Province -- People still think that Apple’s success is in its pioneering work that revolutionized the world with devices beyond imagination. But it is a misled idea and in fact, it is quite the opposite, said a former creative director who spent 12 years with the late IT guru Steve Jobs marketing iconic products.“Apple’s version of innovation is not being the first in the world to come out with the new kind of product category,” said Ken Segall during a press conference on Thursda
July 19, 2018
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Dailymotion pledges premium video platform service in Korea
Dailymotion, a global video hosting site under French media conglomerate Vivendi, announced its formal launch in South Korea on Thursday, pledging to cement its position here as a premium video-streaming site through selective curation backed by premium content from its global and local media content partners.“Over time, we’ve found that audiences are more interested in watching more high-quality videos, rather than user-generated content,” Dailymotion Chairman and CEO Maxime Saada said at a pre
July 19, 2018
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[Video] KT takes lead in infusing artificial intelligence into hotels
No more clumsiness when trying to find a light controller or favorite TV channel while starting your vacation at a sleek hotel. Instead, just say the words: “Genie-ya, turn on CNN.” “Genie-ya” is the wake word for KT’s GiGA Genie artificial intelligence platform. AI is starting to enter some of the newest hotels in Seoul, including Novotel Ambassador Seoul Dongdaemun Hotels & Residences by AccorHotels and L’Escape Hotel by Shinsegae, with a new mission to build “ICT hotels.”Novotel Ambassador Do
July 19, 2018
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[Graphic News] Cigarette sales down 1.6% in H1 on campaign, higher prices
Sales of cigarettes in Korea declined 1.6 percent in the first six months of the year compared to a year earlier, due to a government-led anti-smoking campaign and higher prices, data showed. Korean smokers purchased 1.68 billion 20-cigarette packs in the first half of the year, compared with the previous year’s 1.71 billion packs, according to data compiled by the Finance Ministry. Starting in January 2015, Korea increased the price of cigarettes by 80 percent, from 2,500 won ($2.20) per pack
July 18, 2018
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Samsung says no comment on CEO’s supposed use of Galaxy Note 9
Samsung Electronics on Tuesday kept silent about a post that went viral, supposedly showing an accidental reveal of its upcoming flagship Galaxy Note 9 smartphone by its smartphone business chief Koh Dong-jin. Koh was photographed using a smartphone that appeared to be the new Note 9 phone -- slated for release at its Unpacked event on Aug. 9 in New York -- at a public event in Wuhan, China, on Monday. An image posted by Twitter user Eldho Varghese showed Koh using the S Pen on the supposed Not
July 17, 2018
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[Photo News] 5G pact
5G PACT -- South Korean Minister of Science and ICT You Young-min (third from left) poses with heads of three Korean telecommunication companies SK Telecom, KT and LG Uplus at Marriott Executive Apartments Yeouido Park Centre in Seoul on Tuesday. The four agreed Tuesday that the three telco companies would adopt fifth-generation commercial network technology in the domestic market by March 2019, which would mark the first in the world. (Yonhap)
July 17, 2018
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Korea well placed to be ideal testbed for blockchain-powered apps
Armed with high-tech social infrastructure and a digital-savvy public familiar with blockchain and cryptocurrencies, South Korea is cut out to become the world’s first country to demonstrate a real decentralized economy at work, experts at the Beyond Blocks Seoul Summit said Tuesday. Korea has potential to become the ideal “test bed” for new decentralized apps running on blockchain and cryptocurrencies, said Simon Sejoon Kim, CEO of Korea-based cryptocurrency fund Hashed, during a keynote speech
July 17, 2018