Most Popular
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Over 80,000 millionaires, 20 billionaires in Seoul: report
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Yoon apologizes for first lady Dior bag scandal, calls push for special probe ‘political’
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Korean battery makers heave sigh of relief over 2-year IRA reprieve
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Young Korean doctors seek plan B: cosmetic dermatology or overseas
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South Korea open to Indonesian proposal to cut KF-21 payments
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Girl hanging on bridge, police trying to rescue her both fall off; rescued immediately
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Korea forecast to overtake Taiwan in chip production by 2032: report
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Coupang earnings hit hard by losses from ailing Farfetch
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[K-pop’s dilemma] Time, profit pressures work against originality
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Why femicide and dating violence are growing issues in S. Korea
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‘Mobile broadcasters’ pave new media market led by millennials
The new mobile age has disrupted the way people consume media, as millennials turn to laptops and mobile devices to stream video content and browse posts on platforms like YouTube, Facebook and Twitter. This technological transition has posed new challenges to traditional TV broadcasters while making way for the rise of new players specializing in mobile-friendly content targeting the young, mobile-savvy generation. And these so-called “mobile broadcasters” are increasingly gaining traction in S
July 3, 2017
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Korea to host ‘Starcraft: Remastered’ launch event
South Korea will host an event to celebrate the global launch of “Starcraft: Remastered” this month, the game’s developer Blizzard Entertainment said Monday. The event will take place at Gwangalli Beach in the coastal city of Busan on July 30, two weeks before the official release of the new game designed as a high-definition remake of the PC strategy game “Starcraft.” (Blizzard Korea)Some key highlights of the upcoming event include the first-ever live e-sports match of “Starcraft: Remastered”
July 3, 2017
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Microsoft, Trump administration clash over email searches
On the surface, the investigation was routine.Federal agents persuaded a judge to issue a warrant for a Microsoft email account they suspected was used for drug trafficking. But U.S.-based Microsoft kept the emails on a server in Ireland. Microsoft said that meant the emails were beyond the warrant's reach. A federal appeals court agreed. Late last month, the Trump administration asked the Supreme Court to intervene.The case is among several legal clashes that Redmond, Washington-based Microsoft
July 2, 2017
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[Monitor] Korea’s smartphone penetration rate ranks world’s 6th
South Korea ranks sixth in the world in terms of the smartphone penetration rate this year, data by Statistics Analytics showed.In terms of the number of smartphone users compared to the nation‘s population, the penetration rate was expected to reach 77.7 percent for Korea.According to the Science Ministry here, a total of 47.4 million Koreans are registered to use smartphones. The figure includes those registered to more than one account.
July 2, 2017
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Samsung to launch refurbished Note 7 this Friday
Samsung Electronics announced it will launch refurbished Galaxy Note 7 smartphones this Friday. Samsung Galaxy Note Fan Edition (Samsung Electronics)Named “Galaxy Note Fan Edition,” the upcoming model is made of parts of recalled Galaxy Note 7 smartphones due to the battery explosion problems last year. Batteries of the recollected products are replaced with new ones, while software programs are updated to the same user experience level of the latest flagship Galaxy S8, the company said. The Bix
July 2, 2017
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LG CNS partners with Amazon on cloud
LG CNS said Sunday it will partner with Amazon Web Services to expand its cloud business. The company said it formed a strategic partnership with the world’s largest cloud platform business in order to collaborate on the Korean company’s expansion of cloud services. AWS will help the IT solution provider design, establish and operate new cloud services for local corporate entities. The LG affiliate will, in particular, utilize AWS’ natural language processing service Amazon Lex and deep learning
July 2, 2017
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Samsung poised to beat Intel for 1st time in 24 years
Samsung Electronics is poised to become the world’s largest semiconductor provider in terms of sales in the second quarter, beating US-based Intel for the first time in 24 years, according to global financial sources Sunday. Japan’s Nomura Securities said in a recent report that Samsung is expected to post $15.1 billion of second-quarter sales for its chipmaking business, exceeding US-based Intel’s estimated $14.4 billion of sales. If the forecast is accurate, the South Korean chipmaker would be
July 2, 2017
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Hyosung showcases spandex products in India
South Korean material supplier Hyosung said Sunday the company participated in Textiles India 2017, showcasing a full lineup of its products at the first international textile tradeshow held in India. Hyosung joined the event at the request of Rashmi Verma, vice minister of India’s Ministry of Textiles, the company said. The Korean firm introduced Creora, the worlds’ No. 1 spandex brand, which includes products dubbed “Fit²” for denim, “Fresh” that eliminates odors and “Color+” that improves the
July 2, 2017
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Samsung SDI CEO stresses technical prowess for 4th industrial revolution
Samsung SDI will enhance technological developments for next-generation materials in preparations for the upcoming “fourth industrial revolution” moves, the company chief said on Friday. Samsung SDI CEO Jun Young-hyun emphasized developments of “incomparable” technologies that will lead the global battery market at a ceremony held to mark the company’s 47th anniversary.“We will enhance our technologies that will be second to none,” Jun said. Caption: Samsung SDI CEO Jun Young-hyun (middle) and e
July 2, 2017
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Most salaryworkers expect 4th revolution to impact their jobs: poll
Nearly 80 percent of South Korean salaried workers expect their jobs to be affected in some way by the "Fourth Industrial Revolution," a survey here showed Friday. In a poll conducted by Hunet, a local education company, 75 percent of 691 salaried workers replied that the industrial wave will have an impact on their work environment. But only 17 percent of the respondents said they were familiar with the Fourth Industrial Revolution and how it would change the overall economy. The industrial rev
June 30, 2017
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Solid-state battery for Samsung Galaxy likely in years
Korean battery maker Samsung SDI will be able to produce solid-state batteries that are safe from explosions for smartphones in one to two years, the firm’s executive said. “Our technological level to produce a solid-state battery for smartphones will be mature enough in one to two years. However, it depends on Samsung Electronics whether it will be used for phones,” the Samsung SDI executive told The Korea Herald on condition of anonymity. “As far as I know, the level of battery technology of o
June 30, 2017
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Bitnine revisualizes database industry through AgensGraph
Bitnine has revisualized the database industry with its hybrid database solution AgensGraph, maximizing the advantages of relational and graph databases, the company said this week. South Korea’s only graph database research company, Bitnine said it attended the graph database specialized conference “Graph Day SF 2017,” hosted by Global Data Geeks, held at Mission Bay Center in San Francisco, US, on June 17 to promote its new service AgensGraph.(Photo courtesy of Bitnine)At the event, Bitnine’s
June 30, 2017
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Health care experts seek innovation amid 4th industrial revolution
More than 250 medical doctors and health care providers from South Korea and the United States gathered in Seoul on Friday to discuss ways to pursue innovations as the economies around the world embrace the fourth industrial revolution.The annul Healthcare Innovation Seminar, hosted by the American Chamber of Commerce in Korea, brought together leading experts from government, academia and industries as the world undergoes rapid changes.Among the attendees are South Korean Health and Welfare Min
June 30, 2017
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Budget for science R&D projects to rise 26% in 2018
South Korea plans to increase its 2018 budget spending for science and technology R&D projects by 26 percent, stepping up efforts to secure new growth engines, the science ministry said Thursday. The Ministry of Science, ICT, and Future Planning said it will spend 1.52 trillion won ($1.3 billion) in 2018 on various science and technology R&D projects, subject to parliamentary endorsement later this year, up from 1.26 trillion won allocated for this year.The planned allocations will assist in sec
June 29, 2017
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Heatstroke claims 58 lives between 2012-2015: govt. data
Heatstroke has claimed 58 lives in South Korea over the past five years, government data showed Thursday.Those in their 70s accounted for the largest share with 18, followed by 11 each for people in their 50s and 80s and six in their 60s, according to the data by the Korea Centers for Disease Control and Prevention. (Yonhap)The number of heatstroke patients, meanwhile, reached 5,910 from 2012 onwards.Most of the patients reported getting sick in August (3,029) and July (2,231).Those in their 50s
June 29, 2017
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LG Electronics to supply driver-assistance cameras to German carmaker
LG Electronics Inc. said Thursday it will supply its advanced driver-assistance system cameras to a premium German carmaker, tapping deeper into the vehicle components business.Through the deal, the South Korean company will supply camera modules and software to its German counterpart. LG did not reveal the name of the partner, citing business confidentiality.LG said the camera will help users drive safely by detecting various objects surrounding cars and maintaining optimal distance with other
June 29, 2017
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Samsung inks deal for $380m factory in South Carolina
Samsung Electronics officially announced Wednesday that the company will build a home appliance factory with $380 million worth of investment in South Carolina, marking the company’s first major investment in the US since it relocated production facilities for US exports to Mexico in the early 1990s. The announcement was made during South Korean President Moon Jae-in’s visit to Washington for his first summit with US President Donald Trump. Yoon Boo-keun, president of the consumer electronics di
June 28, 2017
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SK moves closer to building chip powerhouse
South Korea’s third-largest conglomerate SK is on the path to becoming the second-biggest memory chip provider in the world, taking one step closer to acquiring a slice of Toshiba’s chipmaking unit. SK’s semiconductor business SK hynix and its three strategic partners -- US private equity firm Bain Capital, Development Bank of Japan and Innovation Network of Japan -- were picked by Toshiba as the preferred bidder in the sale of its lucrative memory chip business on June 21. SK hynix is set to pr
June 28, 2017
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Tamiflu generic versions to be available in Korea in August: sources
About 100 South Korean drug companies will begin producing generic versions of Tamiflu in August to ease the shortage in supply of the world's only anti-viral drug as its 20-year patient protection has expired, industry sources said Wednesday.Among the companies are Yuhan Corp., Daewoong Pharmaceutical Co. and Green Cross Corp., an official of the Korea Food and Drug Administration said.Tamiflu dominates South Korea's market for the anti-viral medication against flu, with sales hitting 59 billio
June 28, 2017
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Samsung boosts investment in Austin chip plant for 4th industrial revolution
South Korea’s tech giant Samsung Electronics is preparing for the “fourth industrial revolution” by mass producing faster and more efficient chips for smart and connected devices with always-on displays, cementing its leadership in the global memory market. As part of its latest move, the Korean chipmaker made around $1 billion worth of investments in its production facilities in Austin, Texas, as of this month. The facilities are operated for advanced system-on-chip products, which are supplie
June 27, 2017