Most Popular
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Korean labor force to shrink by 10 million by 2044: report
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[AtoZ Korean Mind] Does your job define who you are? Should it?
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Allegations surrounding BTS resurface, enraged fans demand apology
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Students with history of violence will be barred from becoming teachers
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Top prosecutor pledges 'speedy, strict' probe into first lady's luxury bag allegations
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Medical feud leaves hospitals in financial crisis
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Samsung mocks Apple over iPhone alarm glitch
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Chip up cycle won’t stay long: SK chief
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'Queen of Tears' riding high on Netflix chart
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Speaker floats dual citizenship as solution to falling births
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KT taps into global market with partners
Telecommunications network operator KT has been trying to bring homegrown network technologies to the global market.In line with such efforts, the Seoul-based telecom firm participated in CommunicAsia 2016, a telecom trade show held through Friday in Singapore, along with some of its partner companies. Jung Seok-keun (first from right), chief executive of Korea Optron, poses with Benjamin Ong, CEO of fiber optic products company Masstron, after signing a contract at the CommunicAsia trade show i
June 2, 2016
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Samsung holds Ho-Am award ceremony
The award ceremony for the Ho-Am Prize, often referred to as the Korean equivalent of the Nobel Prize, was held at the Ho-Am Art Hall in Seoul on Wednesday. Named after the penname of Samsung Group’s late founder Lee Byung-chull, the annual event has honored a group of Koreans and foreign nationals for their contribution to enhancing science, culture and welfare of mankind. This year’s six recipients include: Kim Myung-sik, professor at Imperial College of London; Oh Joon-ho, professor at Korea
June 1, 2016
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Naver, telecom carriers to take on Google, Apple with new app store
Internet giant Naver and the nation’s top three telecom carriers -- SK Telecom, KT and LG Uplus -- have teamed up to create a mega app store, called One Store, with more than 30 million users.The new app store has combined their own four different platforms for Android-based smartphones and other mobile devices. Users can upgrade one of the apps to use One Store. One Store’s mobile pages (One Store)One Store Corp., an affiliate of SK Telecom, will be responsible for the operation, while Naver ha
June 1, 2016
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Tech firms seek to entice consumers with design
Korean electronics-makers are trying to remain competitive in the cutthroat competition of the global electronics sector by rolling out products with unique and user-friendly designs.Dongbu Daewoo Electronics, the nation’s third-largest electronics-maker, has made some progress in infiltrating the global market with its Classe front-load washing machine.A model poses with Dongbu Daewoo Electronics’ Classe washer machine. (Dongbu Daewoo Electronics)The washer features what the company calls an “e
June 1, 2016
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[Photo News] LG Stylus 2 Plus global debut
The LG Stylus 2 Plus, the larger-screen version of LG Electronics’ Stylus smartphone, went on sale globally Wednesday, starting in Taiwan. The new phone will hit other markets in Asia, South America, Europe and North America in the coming weeks. (LG Electronics)
June 1, 2016
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Korean cyber networks vulnerable to ransomware attacks
South Korea has become a main target of various types of ransomware attacks but it is struggling to find effective countermeasures, industry officials here said Wednesday.Local computer users are increasingly susceptible to such malware, some even using the Korean language.The Korean-language cryptXXX file, which seeks bitcoin, was reported last week and is a more sophisticated scam than the Korean versions of CryptoLocker and Radamant ransomware that infected a number of PCs in 2015.Ransomware,
June 1, 2016
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Samsung C&T to appeal share buyback price ruling
An appeal court on Tuesday ordered Samsung C&T, the fashion and trading unit of Samsung Group, to increase the stock buyback price proposed to shareholders who opposed its merger with Cheil Industries last year. Samsung C&T, the merged entity and de facto holding company of the nation’s largest conglomerate, said it would appeal the ruling overturning a lower court’s decision. Samsung C&T headquarters in Seoul (Yonhap)“After a thorough review of the court’s ruling, we plan to file an appeal wit
May 31, 2016
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[Photo News] LG supports community in Ethiopia
LG Electronics’ top executives, including CEO Cho Seong-jin, visit an Ethiopian village, 60 kilometers away from Addis Ababa, as part of the firm’s global corporate social responsibility programs last week. The tech firm has run the support program LG Hope Community there since 2012, helping villagers improve infrastructure and cultivate land. (LGE)
May 31, 2016
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Samsung rolls out storage product smaller than coin
Tech giant Samsung Electronics said Tuesday that it has started mass producing a compact solid-state drive that is three times faster -- but much smaller in size -- than the average SSD product.The new storage product, dubbed the Nonvolatile Memory Express PCle SSD, or NVMe SSD for short, features an extremely compact package containing all essential SSD components, including NAND flash memory, DRAM and controller, while delivering outstanding performance, according to the tech firm.The compact
May 31, 2016
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Kakao launches chauffeur service in Korea
Mobile messenger operator Kakao started its chauffeur service, KakaoDriver, in Korea on Tuesday.Through the KakaoDriver mobile application, subscribers are able to use the chauffeur service, including requesting for the service as well as payment, according to the Korean company. Mobile messenger firm Kakao rolls out chauffeur service KakaoDriver in Korea on Tuesday. (Kakao)Smartphone users can use the service after they accept some terms and conditions and register their credit cards on the app
May 31, 2016
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More S. Koreans using SNS platforms BAND, Instagram
More South Koreans are using Naver Corp.'s group-interaction service BAND and Instagram, although Facebook is still the most popular social networking service platform in the country, a survey showed Tuesday, signaling a shift in the local SNS landscape.According to the survey conducted by Digieco, an economic research institute run by mobile carrier KT Corp., and advertising agency Nas Media Corp., 73.8 percent of some 2,000 respondents in all age brackets used Facebook in 2016, slightly down f
May 31, 2016
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Samsung TV wins best brand award in U.K.
Korean tech giant Samsung Electronics’ television lineup has been recognized as the best TV brand of the year by U.K. consumer magazine Which?, the company said Monday.The consumer magazine, which provides product reviews of consumer electronics, has awarded consumer electronics brands every year since 2007 through a series of rigorous research and product tests. Robert King, an executive at Samsung Electronics’ U.K. branch, receives an award at the best brand award held by U.K. magazine Which?
May 30, 2016
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Qualcomm creates W57b start-up fund in Korea
Qualcomm Ventures, the investment unit of U.S. chipmaker Qualcomm, said Monday it has created a 57 billion won ($47.8 million) fund to nurture Korean start-ups in the fields of 5G, the Internet of Things, automobiles and other mobile services. The new fund comes as part of the company’s total 100 billion won investment plan into the Korean start-up scene that was announced during CEO Paul Jacob’s Seoul visit in July last year. Qualcomm Ventures vice president Quinn Li (right) and Company K chai
May 30, 2016
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SK Telecom builds first IoT-only network in Daegu
Network operator SK Telecom said Monday that it has completed the installation of Korea’s first network exclusively dedicated to the Internet of Things services across Daegu City.The IoT network, called the long-range wide area network or simply LoRa network, covers the entire city to provide connected services for the public. SK Telecom technicians work on a base station for the long-range wide area network in Daegu City. (SKT)SKT expects the IoT businesses to gain further momentum when the cit
May 30, 2016
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Chronic exposure to fine dust linked to high blood pressure: study
There is a correlation between long-term exposure to fine dust and cardiovascular diseases, such as high blood pressure, a study showed Monday, casting concerns among the public over the influx of pollutants from home and abroad.The annual rise in fine dust emissions increases the number of people with high blood pressure, or hypertension, by 4.4 percent, according to the study conducted by a team of scientists at Seoul National University.The study was conducted after analyzing data on more tha
May 30, 2016
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‘Huawei eyes Samsung’s LTE patents’
Samsung Electronics and Huawei are bracing for a legal battle after the Chinese tech giant sued its Korean rival for infringing its mobile patents last week. In its two lawsuits filed in China and the U.S., Huawei claimed Samsung’s Galaxy S phones had infringed 11 of its 4G network patents. The company asked for compensation but did not request a sales ban of the affected handsets. AP-YonhapSamsung fought back immediately, saying it would counter-sue Huawei. “What Huawei really wants is not cas
May 29, 2016
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LIG Nex1 passes certification test for upgraded missile
LIG Nex1, an army and navy weapons systems developer, has successfully passed a quality certification test for its upgraded seeker system-installed surface-to-air guided missile Chiron, said the company on Sunday.Under the supervision of the Defense Agency for Technology and Quality and financial support from the Agency for Defense Development, LIG Nex1 added to the Chiron a Korean-made seeker system, which acts as the eyes and brain of the missile, as it locates its target by detecting infrared
May 29, 2016
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[Photo News] Samsung 88-inch SUHD TV
Samsung Electronics on Sunday unveiled the 88-inch, 78-inch and 65-inch screen models of its latest SUHD TV that is based on the company’s quantum-dot liquid crystal display technology. (Samsung Electronics)
May 29, 2016
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Global chipmakers seek future growth through collaboration
Global semiconductor players on Thursday released a joint statement in Seoul agreeing to work together to advance semiconductor technology over the next decades. SK hynix CEO Park Sung-wook (third from right) and other members of the World Semiconductor Council pose after signing the Seoul Declaration to promote the global chip industry`s growth. (KSIA)The representatives from China, Taiwan, the European Union, Japan, the U.S. and Korea gathered on Tuesday at the general meeting of the World Sem
May 27, 2016
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Samsung introduces Batman-themed Galaxy smartphone
Tech giant Samsung Electronics rolled out another film-inspired mobile phone on Friday, continuing its years-long marketing efforts to boost sales of its flagship smartphones through collaboration with filmmakers.This time, the Korean smartphone maker released a Batman-themed smartphone, the Galaxy S7 edge Injustice Edition, in partnership with movie production company Warner Bros. and entertainment firm DC Entertainment, aiming to lure fans of the superhero movie.The release is also aimed at co
May 27, 2016