Most Popular
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'Super Rich in Korea' will leave viewers appreciating Korea more: producers
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Probe of first lady on Dior bag allegations set to begin
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Top prosecutor pledges 'speedy, strict' probe into first lady's luxury bag allegations
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'Queen of Tears' riding high on Netflix chart
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With Indonesia unable to pay full share, what’s next for KF-21 fighter project?
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[KH Explains] Can tech firms' AI alliances take on Nvidia?
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Local filmmakers criticize ‘The Roundup: Punishment’ monopoly of screens
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Police seek arrest warrant for med student who killed girlfriend
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[Grace Kao, Meera Choi] Has money displaced romance on dates?
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‘Children Lunch Set’ illustration display at expo accused of child porn
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LG Chem aims to achieve W7tr in EV battery sales by 2020
South Korea’s battery and chemical company LG Chem said Sunday it set a goal of reaching 7 trillion won ($6.3 billion) in sales for electric vehicle batteries by 2020. The battery-maker also plans to start the construction of its EV plant in Poland this year, marking its third global presence after the US and China. “We aim to become the No. 1 electric car battery-maker by 2018 in terms of market position, technology and profitability by leading the EV market poised to grow,” said Lee Woong-beom
Sept. 25, 2016
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China begins reducing tariffs on 201 technology goods
China has begun reducing its tariffs on a range of technology goods imported from World Trade Organization members, South Korea's customs authorities confirmed Sunday. On Sept. 15, China started reducing import tariffs on 201 technology goods under the Information Technology Agreement of the WTO, according to the Korea Customs Service. China will eliminate import duties on the goods over the next three to seven years. The technology goods included TV cameras and set-top boxes for satellite TVs,
Sept. 25, 2016
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More than half of Galaxy Note 7 owners get replacements in Korea
More than half of Galaxy Note 7 owners in South Korea have swapped their used phablets for new ones, six days after Samsung Electronics Co. began a replacement program as part of a global recall over battery problems, industry officials said Sunday. The number of Note 7 owners who have received replacements exceeded 200,000 as of Saturday, the officials said. About 429,000 Note 7s were said to have been sold in South Korea.Only 5 percent of Note 7 owners are said to have received a full refund,
Sept. 25, 2016
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Battery problems persist in exchanged Samsung Galaxy Note 7
Samsung Electronics has been replacing its Galaxy Note 7 devices that have faulty batteries which might explode, but the new handset still has battery issues, according to a news report Friday. News channel YTN reported that a Galaxy Note 7 buyer, surnamed Choi, had received a new Note 7 through the tech firm’s recall program, which began on Sept. 19 in Korea. His new phone, however, had a battery that drained quickly, with its battery level dropping almost 1 percent every second. It also overhe
Sept. 23, 2016
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Samsung heir Lee Jae-yong ranks 18th on ‘Most Influential’ list
Samsung Electronics Vice Chairman Lee Jae-yong ranked 18th on Bloomberg’s annual list of the “50 Most Influential People in the World of Finance” published Thursday. Bloomberg’s 50 Most Influential list -- now in its sixth edition -- highlights prominent figures who command the most power and influence over global financial markets, as chosen by Bloomberg’s senior reporters and editors worldwide.Lee made the Bloomberg list alongside other chiefs of major tech companies such as Tesla Motors co-fo
Sept. 23, 2016
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100 mln households to have HDR TVs by 2020: data
More than 100 million households in the world will have Ultra HD TVs equipped with the High Dynamic Range technology in five years, a U.S.-based industry tracker said Friday.A total of 107 million households with over 250 million viewers will watch shows on TVs using the latest technology, HDR, according to the Strategy Analytics.The HDR technology allows screens to deliver vivid displays by optimizing brightness depending on colors, boasting improved quality compared with previous Ultra HD TVs.
Sept. 23, 2016
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Smartphone shipment to China drops 27%
South Korean companies' exports of mobile handsets, including smartphones, to China dropped by more than 27 percent in the first eight months of the year from a year earlier amid the rising presence of Chinese rivals there, a report said Friday.According to the Institute for Information & Communications Technology Promotion, shipment of mobile handsets and related parts to the neighboring country reached $2.74 billion in the January-August period, down 27.2 percent from the same period last year
Sept. 23, 2016
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Samsung struggles to restore reputation amid false reports of Galaxy Note 7 fires
A string of false consumer allegations that their Galaxy Note 7 devices caught fire is dampening Samsung Electronics’ efforts to restore its reputation and consumer trust hurt by faulty batteries prone to potential explosions.Since announcing a worldwide recall of its new large-size smartphone earlier this month, the South Korean tech giant has received a total of 26 false reports of Galaxy Note 7 fires, the company said Wednesday. Samsung’s Galaxy Note 7 (Yonhap)For 12 of the 26 reported cases,
Sept. 22, 2016
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K-ICT Born2Global Center and its Members ⑪ WELT
Smart belt company WELT‘s Kickstarter campaign gains momentumOn Sept. 22, the startup company WELT announced that, having accumulated $70,000 as of Sept. 12, it had raised more than double its original crowdfunding goal for its independently developed smart belt. The smart belt is a wearable health care device that measures and helps users manage health indicators based on the abdominal area. WELT recently displayed the product at the IFA, an annual consumer electronics show held in Germany, whe
Sept. 22, 2016
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Virtua Live develops hair simulation solution based on customer data and IT
On Thursday, startup company Virtua Live (CEO: Lee Jae-yeol) announced it has recently begun providing its independently developed total hair solution “Hair Fit” in Seoul’s Gangnam district and Gyeonggi Province’s Bundang. Hair Fit uses customer data and information technology to create a virtual hairstyle customized to each user and displays a photo of the hairstyle on a tablet for the user to see. Unlike mobile applications that utilize hair simulation for purely entertainment purposes, Hair F
Sept. 22, 2016
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Medical expenses for diabetes treatment top 8 tln won in 2011-2015
Nearly 8 trillion won ($7.15 billion) was used in medical expenses for more than 11 million diabetes patients in the past five years, a lawmaker said Wednesday.A total of 11.79 million people received medical treatment for diabetes and diabetic complications with the costs amounting to 7.89 trillion won in the 2011-2015 period, In Jae-keun of the main opposition Minjoo Party of Korea said, citing data of the National Health Insurance Service submitted to the National Assembly.The number of diabe
Sept. 21, 2016
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KT chairman touts intelligent networks as future of mobile era
Hwang Chang-gyu, the chairman of telecom giant KT, said Tuesday that ongoing innovation in network technology, or so-called “intelligent networks,” will lead to a paradigm shift in industries overall and bring a greater change in lifestyles than today’s mobile-focused networks.In a speech delivered at Harvard, the chairman said intelligent networks would create new value and new business opportunities, not just because of its speed but also because of its enhanced connectivity and capacity.In 20
Sept. 21, 2016
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[Photo News] Return of Blackberry
Models promote Priv smartphones, Blackberry‘s first smartphone running on Google’s Android operating system, at a launch in Seoul on Tuesday. The smartphone-maker is back in Korea after pulling out of the domestic market in 2012. (Yonhap)
Sept. 20, 2016
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BlackBerry makes comeback in Korea with PRIV smartphone
Canada's BlackBerry Ltd. began selling its first Android-based smartphone on Tuesday in South Korea, returning to the competitive smartphone market dominated by local brands. It is BlackBerry's first smartphone launched in South Korea since it pulled out of the Korean market three years ago. The launch of the PRIV smartphone in the Korean market came as foreign smartphone makers, such as Japan's Sony and China's Huawei, are seeking to gain market shares in the country's medium-range smartphone m
Sept. 20, 2016
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US investigators fail to find link between car fire and Galaxy Note 7
The American authorities have failed to find a causal relation between a controversial car fire in Florida on Sept. 5 and its owner's Galaxy Note 7, a US newspaper reported on Monday, in the latest development that may vindicate Samsung Electronics' position in its ongoing global recall of the smartphones.According to the US media report, the exact cause of the Sept. 5 fire that ripped through a car with a Galaxy Note 7 smartphone reportedly being left inside in St. Petersburg, a southeastern ci
Sept. 20, 2016
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Korea, US, Japan agree to bolster cancer research
South Korea, the United States and Japan have agreed to cooperate to effectively treat and eventually eradicate cancer, the leading cause of death in the three countries, Seoul's health ministry said Tuesday.The agreement was made at a meeting of health ministers of the three countries, which was presided over by US Vice President Joe Biden in New York on Monday (local time), the Ministry of Health and Welfare said in a press release."The three countries agreed to construct an international cons
Sept. 20, 2016
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[Photo News] Samsung Galaxy Note 7 recall begins in Korea
RECALL BEGINS -- A customer visits a SK Telecom retailer in Seoul to exchange his Galaxy Note 7 smartphone on Monday. Samsung Electronics initiated its replacement program for Galaxy Note 7 large-sized smartphones in Korea with local mobile carriers as part of its global recall of the new smartphones Monday. (Yonhap)
Sept. 19, 2016
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[News Focus] Samsung, LG, SK bet future on biotechnology
Searching for new, promising businesses to propel their continued growth in the future, South Korea’s leading conglomerates have arrived at a common destination -- biotechnology. Korea’s top tech giants Samsung Group and LG Group, alongside telecom-focused SK Group, have all set sights on biotechnology as a promising business of the future and are swiftly moving to drive up their presence in the field with hefty investments. Biotechnology, which has applications across multiple industries, refer
Sept. 19, 2016
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Samsung begins Galaxy Note 7 replacement in Korea
Samsung Electronics Co. on Monday initiated its replacement program for Galaxy Note 7 phablets in South Korea in collaboration with local mobile carriers as part of its global recall of the new smartphones, industry officials said.Customers of the nation's three mobile carriers -- SK Telecom Co., KT Corp. and LG Uplus Corp -- began exchanging their Galaxy Note 7s for new ones at outlets across the country after receiving mobile notifications from the carriers, said the officials.Old Galaxy Note
Sept. 19, 2016
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K-ICT Born2Global Center and Its Members ⑩ Innomdle Lab
Innomdle Lab announced on Sept. 9 that it would begin mass producing its independently developed “Sgnl” by the end of the year. Sgnl is a watch strap that allows the user to talk on their cellphone simply by pressing their fingertip to their ear. As of Sept. 7, Sgnl had already exceeded its original Kickstarter goal tenfold, amassing $500,000 -- indicating the product’s innovativeness has been widely recognized. Innomdle Lab displayed Sgnl at the 2016 IFA, Europe’s largest home appliance expo, w
Sept. 19, 2016