Most Popular
-
1
Jimin of BTS, actor Song Da-eun suspected to be dating, again
-
2
Police raid popera singer Kim Ho-joong's house over hit-and-run suspicions
-
3
What's next for the government's push in quota hike?
-
4
Trump may like to 'solve' N. Korean nuclear problem if reelected: ex-official
-
5
Woman falls to death from acquaintance's home after exhibiting ‘unexplained' behaviors
-
6
N. Korea slams planned S. Korea-US military drills, warns of 'catastrophic aftermath'
-
7
‘Malice should not undermine the system, social order,’ says Hybe's Bang
-
8
N. Korea fires short-range ballistic missiles toward East Sea: JCS
-
9
[Robert J. Fouser] Social attitudes toward language proficiency
-
10
[Graphic News] How much do Korean adults read?
-
[Newsmaker] Kakao Taxi’s new option: added convenience or effective fare hike?
Kakao Taxi, South Korea’s most widely used taxi-hailing mobile app, recently announced the introduction of a “paid option” that would allow users to call up taxis faster or immediately by paying an extra fee on top of the ride fare. The new feature, set to be rolled out by as early as late March, has been drawing mixed reactions from local users, despite Kakao’s reassurance that it will retain the current taxi-hailing service option offered free of charge. Extra fees for faster pickup Kakao Mobi
March 18, 2018
-
[Weekender] Looks outweigh health in Korea’s obesity problem
South Koreans have a reputation for being slim. But in recent years, obesity has been on the rise here, as people increasingly turn to instant and fast food and lead more sedentary lives. However, social perceptions on obesity remain focused more on physical appearances than on health, leading to slow change.“Public interest in obesity is relatively low. Perhaps we want to continue believing that we are the second-thinnest country in the world after Japan. Or perhaps, we want to believe that obe
March 16, 2018
-
[Newsmaker] SKT mulls ADT Caps takeover to empower artificial intelligence, internet of things
South Korea’s top mobile carrier SK Telecom is preparing for another significant acquisition, buying security firm ADT Caps from private equity firm Carlyle Group as part of its strategy to strengthen its internet of things business. According to industry sources Friday, SKT is taking serious moves to acquire a 100 percent stake in ADT Caps at an as of yet undecided price in partnership with Australia’s Macquarie Infrastructure and Real Assets. (Yonhap)Washington-based Carlyle Group has reported
March 16, 2018
-
‘Beyond products, end-to-end solutions key to success in medtech business’: Medtronic VP
Today, the global medical technology sector is at a crossroads. Despite a decline in health care spending and a sharp growth in the number of firms pursuing medtech, demand for products and services that promise the best patient outcomes and satisfaction is higher than ever. In this age, developing a product alone cannot guarantee the success of a medtech company. Firms must instead focus on building, or integrating themselves into, an end-to-end solution that guarantees the best, most economic
March 15, 2018
-
SNU study identifies protein involved in asthma attacks
A university research team has identified a protein produced by immune system that plays a key role in asthma attacks, opening up new possibilities for treatment research.The team led by professor Chung Doo-hyun at Department of Biomedical Sciences at Seoul National University found that XCL1 protein, produced by immune cells called natural killer T cells, engages with dendritic cells that contribute to the induction of allergic asthma. (123RF)If the lungs are exposed to external substances such
March 15, 2018
-
Startup develops food delivery robot
Woowa Brothers Corp., a South Korean startup that operates the country's most popular food delivery app, "Baedal Minjok," said Thursday that it is currently developing an autonomous delivery robot.The self-driving robot -- named "Dilly" -- is being co-built by a team of researchers from Korea University and is expected to be commercialized within the next few years, the company said. "We have completed the development of a trial product of Dilly and our goal is to commercialize it in next two or
March 15, 2018
-
[Herald Interview] Blending design to humanize future technologies
Designing technology projects for the future requires a radical change in thinking as social demographics shift and ubiquitous connectivity changes the way people interact with the world around them, says Ju Da-young, an assistant professor at Yonsei University who heads the Technology and Design Research Center.The center is part of the Yonsei Institute of Convergence Technology, a school set up to explore how different disciplines can come together to create new ideas.“We’re seeing completely
March 14, 2018
-
No plans to merge Dayou Winia and Daewoo: Dayou Group executive
The Dayou Group has no plans to merge its household appliance affiliate Dayou Winia with its newly acquired affiliate Daewoo, according to a top executive Wednesday.“We are benchmarking the operating strategy of Hyundai and Kia Motors,” said Cho Sang-ho, vice president at Dayou Group, at a press conference Wednesday at The Plaza Hotel Seoul. Executives from Dayou Group speak to the press at The Plaza Hotel Seoul on Wednesday. From left: Ahn Byoung-deok, head of strategic planning at Daewoo Elect
March 14, 2018
-
Samsung SDI introduces upgraded ESS battery cell at ESE 2018
Samsung SDI said Wednesday that it introduced its latest high-capacity battery cell at a trade show dedicated to energy storage systems in Germany. Samsung SDI‘s booth at Energy Storage Europe 2018 in Dusseldorf, Germany (Samsung SDI)The company‘s exhibition at the three-day Energy Storage Europe 2018 featured the company’s latest ESS battery cell with a capacity of 111 ampere-hours, upgraded from 94 ampere-hours in its predecessor. The 111-ampere-hour battery cell is the same size as its predec
March 14, 2018
-
More than half of Korean biopharma firms view R&D investments as assets
More than half of South Korea’s top biopharmaceutical companies calculate their research and development investments as assets, according to data released by a corporate tracker Wednesday, raising concerns that the accounting practice may be distorting firms’ net earnings.Korean corporate tracking firm CEO Score looked into the accounting practices of Korea’s top 50 biopharma companies with a market capitalization of more than 400 billion won ($375 million). Among them, 31 had disclosed their R&
March 14, 2018
-
LG Electronics taps skeleton champion Yun Sung-bin as smartphone model
LG Electronics Inc. said Wednesday it signed an agreement with South Korean skeleton gold medalist Yun Sung-bin to promote its latest LG V30S ThinQ smartphone, an upgraded version of the V30 smartphone released last year. Under the project, the South Korean company said it will unveil a new advertisement on major social media where Yun will promote the smartphone on Thursday. The agreement marks the extension of the sponsorship contract signed between LG and Yun in 2015. South Korean skeleton g
March 14, 2018
-
[Photo News] Samsung Wind-Free at MCE
Models introduce Wind-Free air conditioners from Samsung Electronics at the Mostra Convegno Expocomfort 2018, a biannual trade exhibition in Italy dedicated to residential and industrial installations and air and energy solutions. Samsung Electronics will be presenting products targeting the European air conditioner market at the show, which runs from Tuesday to Friday. (Samsung Electronics)
March 13, 2018
-
Samsung, LG to hold shareholders meetings this month
Korea’s two largest electronics companies are set to hold shareholders meetings this month, with industry watchers keeping a close eye on Samsung’s plans to confirm its first-ever stock split.Samsung Electronics will hold a shareholders meeting on March 23 to discuss its 50-to-1 stock split, which was announced in January. “The company had received numerous requests for a stock split based on the view that a high share price was a hindrance to potential investors. The request increased in freque
March 13, 2018
-
Kakao Taxi seeks monetization with addition of paid taxi-hailing options
Kakao Taxi, South Korea’s most widely used taxi-hailing mobile app, is introducing a “paid option” that lets users call up taxis faster or immediately by paying an extra fee on top of the ride fare. The move marks Kakao’s first attempt to monetize Kakao Taxi, which, despite amassing a large user base over the years, has yet to find a concrete business model for generating stable profits. Kakao Mobility, which operates all of Kakao’s mobility services including Kakao Taxi under the collective Kak
March 13, 2018
-
KAIST seeks expanded state funding for science, tech leadership vision
South Korea’s top science and technology university KAIST has called on the South Korean government to expand its financial support for the institute, as it seeks to strengthen its research and training programs and help Korea remain competitive in the new age of technology-driven economies.KAIST on Monday unveiled its “2031 vision” road map, which includes an action plan to innovate its academic training, pave new research areas, encourage more tech-driven entrepreneurship and build a more glob
March 13, 2018
-
LG opens first premium brand shop in Kuwait
LG Electronics has opened its first premium brand shop in Kuwait as part of efforts to push its top-tier products in the Middle East, the company said Tuesday.The two-story, 433-square-meter store opened Sunday (local time) at the Rozanah Mall in Kuwait. The store features a premium experience zone displaying products such as those from the LG Signature line.Visitors to the store can browse and test out products such as LG’s premium organic light-emitting diode TVs, washing machines and refriger
March 13, 2018
-
Daewoo Electronics expands to Midwestern China with Dayou Group
Daewoo Electronics, a new subsidiary of South Korean midsize conglomerate Dayou Group, said Monday the company would enter new provinces in the Midwestern part of China with an aim to target the premium market there. It is the first overseas expansion for Daewoo Electronics since the firm was acquired by Dayou last month, using the group’s existing distribution network in China.Daewoo will provide its home appliances for large retailers in Sichuan, Hunan and Wuhan province, starting this year. T
March 12, 2018
-
Outlook for global chip market turns rosier: sources
The global semiconductor market is expected to grow at a faster-than-expected click this year thanks to rising demand for DRAMs and other chips, industry sources said Monday.With concerns over an oversupply in the second half of this year waning, more market trackers have revised up their growth projections for the world chip market this year, putting shares of chipmakers on an upward curve.According to the sources, a recent report from the World Semiconductor Trade Statistics has forecast globa
March 12, 2018
-
Market remains unexcited about latest premium phones
The South Korean smartphone market gave a tepid response to the release of the Samsung Galaxy S9 and S9+ smartphones, driving down expectation on the newest premium smartphones this year. According to the telecom industry, preorders of Galaxy S9 and S9+ devices made from Feb. 28 with subscriptions to one of three mobile carriers were estimated to near 180,000 units, reaching about 70 percent of the preorders of predecessors Galaxy S8 and S8+phones. Samsung is launching the S9 series more than a
March 11, 2018
-
Posco, Samsung SDI win electric vehicle battery project in Chile
South Korea’s steel giant Posco and battery maker Samsung SDI will build and run an cathode production facility in Chile with lithium supply guaranteed by the Chilean government, the firms announced Sunday. The Posco and Samsung SDI consortium will make a combined investment of 57.5 billion won ($54.2 million) to set up a joint venture to start producing annually about 3,200 tons of cathode materials -- Nickel Cobalt Aluminum and Nickel Cobalt Manganese -- for electric vehicle batteries in the n
March 11, 2018