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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‘Malice should not undermine the system, social order,’ says Hybe's Bang
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N. Korea slams planned S. Korea-US military drills, warns of 'catastrophic aftermath'
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[Robert J. Fouser] Social attitudes toward language proficiency
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N. Korea fires short-range ballistic missiles toward East Sea: JCS
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[Graphic News] How much do Korean adults read?
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N. Korea says it test-fired tactical ballistic missile with new guidance technology
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LG unveils September launch date for V20
LG Electronics on Thursday announced plans for the worldwide launch of its premium large-size smartphone LG V20 early next month. Its first launch event is set for San Francisco on Sept. 6, with another in Seoul on Sept. 7.The South Korean electronics-maker sent out a poster invitation to local and global media titled “Play More,” featuring the image of a pop-up book and text reading “The second story begins, LG V20.”The LG V20 -- categorized as a “phablet,” a combination of a phone and tablet -
Aug. 4, 2016
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Preorders for Galaxy Note 7 to begin this week
South Korea’s three network operators on Thursday said they will begin receiving preorders for the newly released Samsung Galaxy Note 7 from this weekend at the local price of 988,900 won ($890) per device. SK Telecom, KT and LG Uplus announced they will open up preorders for the Galaxy Note 7 at online and offline retailers from 9 a.m. on Saturday. The device is available locally only in the 64GB version and in three colors -- blue coral, gold platinum and silver titanium.The Samsung Galaxy Not
Aug. 4, 2016
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Kakao to launch selfie app this month
Kakao, the operator of South Korea’s top mobile messaging app KakaoTalk, on Thursday said it will launch a new mobile selfie application called KakaoTalk Cheez this month. The app will allow users to take photos and videos, and decorate them with various moving stickers, filters as well as Kakao’s flagship Kakao Friends characters. (Kakao)Some standout features will include a function which digitally decorates a user’s face to resemble a Kakao Friends character and an option through which a use
Aug. 4, 2016
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Park visits nursing home to promote telemedicine
President Park Geun-hye on Thursday visited a provincial nursing home to promote a pilot telemedicine program designed to offer the elderly and others in hard-to-reach areas easier access to quality medical services, her office Cheong Wa Dae said.Her visit to the nursing home in Seosan, a city 151 kilometers south of Seoul, was the latest in the recent series of on-site tours to promote various government policies and evaluate whether they have been properly implemented.Park met with those who r
Aug. 4, 2016
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K-ITC Born2Global Center and its Members ⑦ KukuDocs
On July 28, the cloud office company KukuDocs (CEO: Lee YuHo) announced that, with the recent elimination of ActiveX programs, demand for a cloud-based HTML5 viewer is increasing rapidly. “Until now, ActiveX had served as an impediment to the introduction of a cloud environment. But now that the government, financial institutions, and corporations are all removing ActiveX, the demand for a cloud-based office system, of which an HTML5 viewer is a major part, has increased significantly,” KukuDocs
Aug. 4, 2016
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New Galaxy Note to excel its predecessor in sales: top official
The Galaxy Note 7, Samsung Electronics Co.'s latest high-end smartphone, is likely to sell better than its predecessors, which may help the world's largest maker of smartphones log decent earnings in the current quarter, industry sources said Thursday.Samsung unveiled the phablet, the successor to the Note 5, in New York on Tuesday in a bid to keep up the momentum of its smartphone sales. The launch of the Galaxy Note 7 came ahead of the latest iPhone launch, expected in the autumn, and days aft
Aug. 4, 2016
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Science festival kicks off for 4-day run
A science festival showcasing the latest technology and the leading edge in science kicked off in Seoul on Thursday.Hosted by the Ministry of Science, ICT and Future Planning, the annual Korea Science Festival 2016, the 20th of its kind, commenced its four-day run in southern Seoul.Visitors will be able to experience the development of science technology over the past 50 years, the organizer said.State-of-the-art technology will also allow visitors to see what it could be like in next 100 years,
Aug. 4, 2016
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Samsung said in talks to buy assets of Fiat auto parts unit
Samsung Electronics Co. is in advanced talks to buy some or all of the operations of auto-parts maker Magneti Marelli from Fiat Chrysler Automobiles NV, according to people familiar with the matter.Samsung is particularly interested in Magneti Marelli’s lighting, in-car entertainment and telematics business and could consider an acquisition of the whole company, the people said, asking not to be identified as the discussions are private. The deal could be worth more than $3 billion with a goal o
Aug. 3, 2016
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Galaxy Note 7 shows off bolstered security, stunning design
[THE INVESTOR] NEW YORK -- Since its 2011 launch, not many expected that Samsung Electronics’ Galaxy Note smartphone would survive the tough competition with smaller-size peers including Apple’s iPhone, the most popular option at the time.The Note lineup, which had its latest and sixth model Note 7 unveiled Tuesday in New York, has evolved and gained a great deal of popularity for itself along the way, so much so that almost all global smartphone makers that used to look down on the Note phablet
Aug. 3, 2016
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Samsung SDS steps up mobile security business in Europe
Samsung SDS, the IT solutions affiliate of Samsung Group, is expanding its mobile security solution business into the European market, company officials said on Wednesday. The tech firm recently partnered with the U.K. banking and financial services company Barclays to back the development of digital banking services together with Samsung Electronics. Under the partnership, Samsung Electronics is set to provide its mobile security platform KNOX while Samsung SDS plans to offer its mobile authent
Aug. 3, 2016
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[Photo News] LG promotes Korea in Time Square
LG Electronics started this week to run promotion videos of Korean cultural heritage in Times Square, New York. The company said the 60 second video ad that portrays 11 cultural heritages and Bulguksa Temple will be displayed throughout August. Cultural Heritage Administration.
Aug. 3, 2016
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Samsung expands biosimilars business with new affiliate
South Korean tech giant Samsung Group is working to expand its biosimilars business beyond Samsung Bioepis, the group’s drug developing unit specializing in making biosimilar drugs, according to industry sources on Wednesday. Archigen Biotech Ltd., a joint venture between Samsung BioLogics and U.K.-based AstraZeneca, on June 20 applied for the U.S. Food and Drug Administration’s approval to initiate phase 3 clinical trials for SAIT101, a biosimilar drug referencing Biogen’s Rituxan (rituximab).
Aug. 3, 2016
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Korea selects 5 consortiums for VR projects
South Korea's science ministry on Wednesday said it has selected five consortiums, including the one led by the country's largest fixed-line and broadband operator KT Corp., to carry out various virtual reality projects.The Ministry of Science, ICT and Future Planning said it will invest 3.78 billion won ($3.39 million) in the projects and another 4 billion won will be funded by the private firms.The government earlier announced a package of measures to foster the VR industry, saying that the se
Aug. 3, 2016
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Gov't to spend 168 bln won for science research institutes
South Korea's science ministry said Wednesday that it will spend over 160 billion won ($144 million) on developing government-funded research institutes in the field of science and technology.Under the plan, the Ministry of Science, ICT, and Future Planning will allocate the budget next year to assist the research institutions.The ministry said it will first select some 170 research institutions out of more than 4,800 across the country that have the most growth potential.The selected institutes
Aug. 3, 2016
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[Newsmaker] Samsung unveils Galaxy Note 7 in New York
[THE INVESTOR] NEW YORK -- Samsung Electronics took the wraps off the much-anticipated Galaxy Note 7 smartphone at its annual Samsung Galaxy Unpack event in New York on Tuesday.Although the latest large-size smartphone -- often called a “phablet,” a combination of phone and tablet -- is the sixth in the Note lineup, it has been dubbed the Note 7 to align the numbering with the Galaxy S lineup.It comes with a slew of new features that will probably provide reason enough for those currently using
Aug. 3, 2016
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[GALAXY NOTE] Samsung unveils Galaxy Note 7 in New York
[THE INVESTOR] NEW YORK -- Samsung Electronics took the wraps off the much-anticipated Galaxy Note 7 smartphone at its annual Samsung Galaxy Unpack event in New York on Tuesday.Although the latest large-size smartphone -- often called a “phablet,” a combination of phone and tablet -- is the sixth in the Note lineup, it has been dubbed the Note 7 to align the numbering with the Galaxy S lineup.It comes with a slew of new features that will probably provide reason enough for those currently using
Aug. 3, 2016
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[Photo News] Samsung unveils Galaxy Note 7 in New York
Tech giant Samsung Electronics unveiled the Galaxy Note 7, the sixth of the phablet lineup, in New York on Aug. 2. (Samsung Electronics)
Aug. 3, 2016
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LG to supply parts for GM's Bolt EV starting in August
[THE INVESTOR] LG Electronics will start supplying parts for General Motors’ upcoming full-electric Chevrolet Bolt from later this month. The Korean tech giant plans to supply 11 key parts, including the motor, invertor and battery pack, for the next six years. GM’s Chevrolet Bolt EV conceptThe car is expected to be launched in the fourth quarter. LG’s vehicle component is making a big push to secure more orders from global carmakers. Industry watchers expect the division’s sales to surge to 3 t
Aug. 2, 2016
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Kolon Industries to produce colorless polyimide for first time
Kolon Industries, the chemical and textile unit of Kolon Group, said on Tuesday it will invest about 90 billion won ($81 million) in producing colorless polyimide, a key material for “bendable” smartphones and other flexible mobile devices. The company said it aims to complete the production line at its plant in Gumi, North Gyeongsang Province, by the first quarter of 2018. Kolon’s colorless polyimide, a key material for “bendable” smartphonesKolon is the first to produce the new material, while
Aug. 2, 2016
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Samsung’s P/E ratio rises above Apple's for first time
Samsung Electronics’ price-to-earnings ratio has outpaced that of its archrival Apple for the first time. Samsung was trading at a P/E ratio of 13.41 on the local bourse on Tuesday, while the figure for Apple remained at about 12.23. Until the end of 2013, Apple’s P/E ratio (12.14) almost doubled that of Samsung (6.93). But the gap started to narrow in 2015. While Apple’s P/E ratio remained almost the same last year at about 12.43, that of Samsung soared to 9.98. This year, Samsung stocks starte
Aug. 2, 2016