Most Popular
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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Seoul alerts overseas missions to NK terror threats
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[Graphic News] Number of coffee franchises in S. Korea rises 13%
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S. Korean children, teens grow taller, mature faster than before: study
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Some junior doctors are returning: Health Ministry
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Public backlash against division of Gyeonggi Province under 'corny' name
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Army takes group action against Hybe for neglecting BTS
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[Robert J. Fouser] AI changes rationale for learning languages
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[Today’s K-pop] Stray Kids go gold in US with ‘Maniac’
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LG Display net tumbles but stays in black
LG Display, the display-making unit of LG Group, said Wednesday its net profit plunged 99.8 percent in the first quarter, but managed to stay in the black, beating expectations. Net profits tumbled to 1.1 billion won ($1.02 million) in the first three months of this year, compared to 475.7 billion won a year ago. (Bloomberg)The company managed to maintain a surplus despite analyst estimates of 100.3 billion won in deficit. Operating income fell 94.7 percent to 39.5 billion won from the same peri
April 27, 2016
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[Photo News] LG launches Easy TV
LG NEW ‘EASY’ TV -- LG Electronics on Wednesday launched five new versions of its Easy TV that aims to offer a more convenient viewing experience especially for the elderly. The TV adjusts brightness more quickly and doubles text size compared to other TVs. The company said the TV sells more than 100 units a day. (LG Electronics)
April 27, 2016
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[Photo News] Samsung holds Galaxy S7 photo contest exhibition
GALAXY S7 PHOTO CONTEST – Samsung Electronics holds an exhibition featuring some 100 photos taken with its Galaxy S7 smartphone on Wednesday in Garosu-gil, southern Seoul. The top 10 photos were awarded with prizes. (Samsung Electronics)
April 27, 2016
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Nokia speeds entry into digital health hardware
About a decade after Apple Inc.’s iPhone first hit the market, Nokia Oyj is seeking to relaunch its consumer business with health bands and connected scales by acquiring French startup Withings SAS. It’s out to revive a brand that was once one of Europe’s most valuable, but has slipped further as Nokia sold its phone business to Microsoft Corp. two years ago to focus on telecommunications networks.“The longer you’re out of a market, the more your brand value declines,” Ramzi Haidamus, who heads
April 27, 2016
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10 futuristic services in era of low growth
A future preparation committee affiliated with the Ministry of Science, ICT and Future Planning on Wednesday announced 10 promising services that would help the Korean economy to grow even in an era of low growth. The services include: customized health care; cashless financial transactions; unmanned transportation; crisis response using the Internet of Things; life extension; electricity charging; eco-friendly energy platforms; artificial intelligence; energy supply for wearable devices; and le
April 27, 2016
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Korea, U.S. sign space cooperation agreement
South Korea and the United States on Wednesday signed an agreement on space cooperation, paving the way for the allies' enhanced collaboration in the exploration of outer space.Foreign Minister Yun Byung-se and U.S. Ambassador to South Korea Mark Lippert signed the "Framework Agreement for Cooperation in Aeronautics and the Exploration and Use of Airspace and Outer Space for Civil and Peaceful Purposes."With the signing, South Korea became the first Asian country to ink a pact on space cooperati
April 27, 2016
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Korea, U.S. to discuss space program this week
South Korea and the United States will have talks this week on boosting their cooperation in space exploration, a government ministry said Tuesday, as South Korea is pushing for a lunar exploration project.The two sides are scheduled to hold the three-day meeting in Seoul and Daejeon, some 160 km south of the capital, starting on Wednesday, according to the Ministry of Science, ICT and Future Planning.It would be the second working-level Civil Space Dialogue between the allies. The previous sess
April 26, 2016
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LG to lead global alliance for car infotainment system
LG Electronics said Tuesday it has joined a global car infotainment system alliance, the GENIVI Alliance, as a board member. The GENIVI Alliance is a group of 150 tech firms and car manufacturers committed to setting technical standards for Linux-based car infotainment software GENIVI. A car infotainment system installed in a car. (Yonhap)The in-vehicle infotainment system has gained traction in recent years as global carmakers, including Jaguar Land Rover, BMW, Renault-Nissan and Volvo have ado
April 26, 2016
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KT brings LTE service to the office for first time
Korean network operator KT Corp. has become the first in the world to install Long-Term Evolution network service in office surroundings to pave the way for smoother and safer communication. The service allows employees and customers to utilize the intranet of a firm through mobile devices in a secure manner, as it is operated separately from existing LTE networks used for noncorporate mobile subscribers. Lee Moon-hwan, executive vice president of KT, explains the world’s first LTE service for c
April 26, 2016
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SK hynix to reduce investment this year
SK hynix, the chipmaking unit of SK Group, on Tuesday hinted at reducing new investment this year after posting a 65 percent plunge in its first-quarter net income on weak demand for electronics products. “We invested 6.6 trillion won ($5.7 billion) last year but the spending will be reduced this year,” SK hynix president Kim Joon-ho said during a conference call. SK hynix’s headquarters building (Yonhap)“Our investment for 3D NAND will start from the second or third quarter as planned.”In a re
April 26, 2016
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Riot Games to support restoration of Korean Empire’s legation building
Riot Games, developer of the immensely popular online game “League of Legends,” said Tuesday it will donate 500 million won ($44,000) for the restoration of the Korean Empire’s legation building in Washington, D.C. The three-story building, built in 1889, was used for diplomatic activities of Korea’s last empire, the Daehan Empire, for 16 years. The legation building of the Daehan EmpireThe Korean government purchased the building, the only litigation building left overseas, from an individual
April 26, 2016
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Korean battery makers beef up Chinese production
Korean battery makers are beefing up production in China, the largest market for nascent yet lucrative electric vehicles. Samsung SDI, the battery-making unit of Samsung Group, will showcase a range of battery technologies, including quick-charging battery cells and pouch-type and cylindrical batteries, at the Auto China event that runs through May 4 in Beijing. Models pose with Samsung SDI’s batteries at the Auto China aotomotive exhibition in Beijing on Monday. (Samsung SDI)The company, which
April 25, 2016
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[Exclusive] Samsung, de Grisogono to debut 'super-luxury' Gear S3
Samsung Electronics and Swiss luxury jeweler de Grisogono have agreed to jointly launch a so-called “super-luxury” limited edition of the Samsung Gear S3, a next-generation smartwatch that is set for official release later this year. “We are currently collaborating with Samsung to develop its next-generation smartwatch,” a de Grisogono official told The Korea Herald at the Conde Nast International Luxury Conference held in Seoul last week. The Samsung Gear S2 by de Grisogono (de Grisigono offici
April 25, 2016
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[Photo News] Samsung's premium fridge appeals to consumers
SUPER PREMIUM FRIDGE APPEALS TO KOREAN CONSUMERS -- Samsung Electronics’ high-end refrigerator Family Hub on Wednesday surpassed the 1,000-sales mark in just 20 days since its release in the Korean market. The 837-liter fridge sports a 21.5-inch (54.6 centimeters) display on the right door and three built-in cameras, which allow users to monitor items stored inside. (Samsung Electronics)
April 25, 2016
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[Photo News] LG robot vacuum cleaner crosses 400,000 sales mark
LG ROBOT VACUUM CLEANER GAINS SALES TRACTION-- LG Electronics said Monday that its robot vacuum cleaner Roboking has crossed the 400,000 mark since the first model of the autonomous vacuum cleaner was released in Korea in 2003. Roboking, equipped with three cameras and 51 sensors for object detection and voice recognition, can be controlled by a smartphone. (LGE)
April 25, 2016
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[Photo News] Samsung Gear VR Adventure
April 24, 2016
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Air purifier market soars on yellow dust concerns
The nation’s air purifier market is soaring as concerns grow over yellow dust, the seasonal wave of dust storms originating from China and Mongolia that now seems to stretch all throughout the year. Last year, the market surged to 600 billion won ($520 million) in sales. The figure is expected to exceed 1 trillion won this year and 2 trillion won in 2017. About 1 million devices are estimated to be sold or rented every year. Korea is a unique market that has grown based on rental services. Coway
April 24, 2016
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LG tops front-load washer sales in U.S.
LG Electronics has topped front-load washer sales in the U.S. in the first quarter, paving the way for it to grab the No. 1 position in the all-important market for the 10th consecutive year. According to market research firm Stevenson Company, LG recorded a 26.4 percent market share in the first three months of this year. In the $900-plus premium category, it also topped the list with a 34.2 percent share. Since topping the list first in 2007, the Korean tech giant has continued to be the best
April 24, 2016
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Samsung Pay accelerates overseas foray
Samsung Pay, a mobile payment service run by tech giant Samsung Electronics, is making global inroads. The Seoul-based tech behemoth announced Tuesday that it would make its mobile payment system available in Singapore in the second quarter of this year -- the first launch in Southeast Asia -- following the launch of the mobile payment solution in the U.S., China and South Korea last year. A Galaxy S7 Edge user uses mobile payment solution Samsung Pay. (Samsung Electronics)The announcement refle
April 22, 2016
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Stork lays eggs at outside facility in central Korea
A released stork has laid at least two eggs in the wild in the country's central region, increasing the prospects of the species' first natural breeding in the country, a research center tasked with restoring the endangered bird said Friday.The Oriental White Stork Park in Yesan, a town in South Korea's central province of South Chungcheong, said its researchers confirmed the eggs at a nest of female stork Minhwang and male stork Manhwang on Thursday. The two are part of eight storks that the pa
April 22, 2016