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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S. Korean children, teens grow taller, mature faster than before: study
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Army takes group action against Hybe for neglecting BTS
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[Graphic News] Number of coffee franchises in S. Korea rises 13%
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Some junior doctors are returning: Health Ministry
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[Robert J. Fouser] AI changes rationale for learning languages
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Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
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Woman dangling from power lines rescued by residents holding blanket
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Samsung to roll out new budget smartphone
South Korea's top tech giant Samsung Electronics Co. will release a new budget smartphone in China next month, industry sources said Sunday.The Galaxy C will be first rolled out in the Chinese market and later in the global market, they said.The Galaxy C will come with a 5.5-inch display and the price will be in the mid-200,000 won ($170) range. The move apparently follows the release of similar budget phones by Chinese and Indian manufacturers, they added.Samsung has been making efforts to bo
April 17, 2016
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[Photo News] Korean telecom watchdog beefs up ties with U.S. counterpart
KOREAN TELECOM WATCHDOG BEEFS UP TIES WITH U.S. COUNTERPART -- Tom Wheeler (left), chairman of the U.S. Federal Communications Commission, and Choi Sung-joon, chairman of South Korea’s telecommunications regulator Korea Communications Commission pose at a meeting held at the FCC last week. They discussed a range of issues including mergers between telecom companies and broadcasting firms, privacy laws, net neutrality and spectrum auctions. (KCC)
April 17, 2016
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SKT signs export deal for smartphone projector
SK Telecom, South Korea’s leading wireless firm, said Sunday that it has struck a deal to export its pico projector, worth 300 million yen, to Japan.The telecom firm said that it would supply its projector, UO Smart Beam Laser, to Taisei Express of Japan for one year starting from this month. Kim Sung-han(right), head of SKT’s device planning division poses with Taisei Express CEO Hwang Kyong-ho after signing a supply deal in Hong Kong on Saturday. (SKT)The two partners reached the deal at the H
April 17, 2016
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Chipmakers betting big on solid state drive storage system
Competition in the global solid-state drive market is heating up as more players are rolling out the storage system built on technology that stacks cells vertically.An SSD is lighter and more compact than a conventional hard disk drive. It also boasts shorter booting time and faster reading and writing speeds than an HDD. Intel’s solid-state drive product (Intel)Intel recently rolled out a new SSD lineup based on 3-D NAND flash memory in Seoul, home turf of Samsung Electronics, the largest SSD
April 17, 2016
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Samsung lays off largest number of workers in 2015
South Korea's largest conglomerate Samsung Group reduced its number of employees by the largest margin among the country's top 30 business groups last year, data showed Saturday.As of end-2015, Samsung's total workforce came to 222,821 workers, down 5.8 percent or 13,636 workers from a year earlier, according to data from CEO Score, a market research firm.Samsung was the only one among the country's 30 largest conglomerates to have laid off more than 10,000 employees in 2015. Such a large cut wa
April 16, 2016
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LG Display shares down on Samsung-Apple deal
Shares of LG Display fell 6.7 percent Friday on a news report that Samsung Display had signed a deal with Apple to supply organic light-emitting diode displays for the next iPhones. The Samsung displays are expected to replace the liquid crystal display panels used in the current iPhones that are produced by LG Display. LG currently produces almost 40 percent of the iPhone display panels. Even though the Samsung-Apple deal had largely been expected, it seems unavoidable that it would have a nega
April 15, 2016
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Samsung mulls OLED production line for Apple iPhone
Samsung Display is considering building a separate production line to produce organic light-emitting diode displays exclusively for Apple’s iPhone, industry sources said Friday. The facility will start operation within the second quarter of this year to have a production capacity of 120,000 panels per month.The plan comes after a news report that the display-making unit of Samsung Electronics recently signed a contract with Apple to supply an annual 100 million OLED panels from the second quarte
April 15, 2016
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Global intellectual property forum to open in Seoul
South Korea will host the Intellectual Property Business Congress, an annual forum for the global intellectual property industry, for the first time at JW Marriott Seoul Hotel in Seoul on Friday.Around 200 IP experts, patent agency officials and corporate executives will flock to the event, dubbed IPBC Korea, to discuss current issues and challenges facing the IP segment, such as how to develop strategies to boost the value of IP.Some of the speakers for the event include IBM’s Asia-Pacific IP l
April 14, 2016
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Samsung boasts strongest mobile security solution
Tech giant Samsung Electronics’ mobile security solution KNOX has received the highest score among security solutions for mobile operating systems in a series of tests, surpassing rivals including Apple.Samsung received the highest “strong,” rating in market research firm Gartner’s annual report released last week. It assesses 12 mobile security solutions across more than 20 categories including encryption management, authentication methods, and OS updates. A Galaxy S7 user initiates Samsung Ele
April 14, 2016
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[Photo News] Samsung quantum-dot TV debuts in U.S.
SAMSUNG QUANTUM-DOT TV DEBUTS IN U.S. -- Visitors look at Samsung Electronics’ second-generation SUHD TVs at the launch event held Tuesday at the company’s Marketing Center of Excellence in New York. Based on Samsung’s quantum-dot technology, the new models offer more accurate and vibrant picture quality compared to traditional liquid crystal display TVs. (Samsung Electronics)
April 14, 2016
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‘Imitation spurs innovation’
In the ever-evolving technology industry, companies build on each other’s ideas and continue to reinvent themselves. But tech giants Samsung and Apple are trying to slow each other down in a drawn-out patent battle.The U.S. Supreme Court has recently decided to review the high-profile courtroom fight between the two top smartphone makers, the first time it has looked at a design patent case since the 1800s. The rare decision comes after Samsung filed a request with the top court last year to ree
April 13, 2016
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SK hynix’s operating profit likely to plunge in Q1
SK hynix, the world’s third-largest chipmaker by sales, is expected to see its operating profit more than halve during the first three months of this year, according to analyst reports Wednesday.Korean investment firms predicted that the Korean chip company’s first quarter operating profit would be in a range of 512 billion won ($446 million) to 579 billion won. SK hynix’s NAND Flash memory chip. (SK hynix)The estimates are up to 60 percent lower than the company’s operating profit in the first
April 13, 2016
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Samsung steps up self-driving car technology push
Tech giant Samsung Electronics has been accelerating its push into the autonomous vehicle segment by trying to attract seasoned researchers in the field.The company posted a job opening for researchers in the autonomous driving vehicle sector on Samsung Group’s online job bulletin board Tuesday. Internet giant Google’s self-driving vehicle. (Yonhap)The job description showed that new researchers would handle tasks including computer vision, biosignal analysis, and optical film for display, which
April 13, 2016
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[Photo News] LG Signature Experience Zone
LG SIGNATURE EXPERIENCE ZONE – LG Electronics said Wednesday it plans to increase the number of experience zones for its new premium appliance brand LG Signature to some 160 nationwide by the end of this year. LG Electronics
April 13, 2016
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Information security solution “ZombieZERO” detects and kills new and modified malware in one minute
Information security solution company NPCore (CEO Han Seungchul) has recently upgraded its information security product “ZombieZERO,” giving it the capability to detect and root out ransomware*, a type of malicious software (malware). It also upgraded the mobile version of the product, which was launched last year. As a result, ZombieZERO is now a comprehensive information security product capable of protecting against a variety of malware threats, including data leakage, network disruptions, an
April 12, 2016
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LGE, K-water to develop floating solar power plant
Local tech giant LG Electronics has teamed up with state-run Korea Water Resources Corp., better known as K-water, to develop floating solar power plants.Floating solar power plants produce electricity from solar panels that are placed on the surface of ponds or reservoirs. The plants are said to be 10 percent more energy-efficient than land-based solar power plants. LG Electronics’ energy business center chief Lee Sang-bong(right) and K-water president Choi Gye-woon pose at a memorandum of unde
April 12, 2016
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[Newsmaker] Kakao’s profit estimates nosedive
Kakao, the operator of South Korea’s most-used mobile messenger, is likely to see its profits nosedive in the first quarter despite its aggressive moves to expand mobile and offline businesses, analyst reports said Tuesday. However, the company’s issuance of convertible bonds worth 250 billion won ($219 million) will clear the uncertainty over its funding needs, they said.Kakao’s net profit in the first quarter is expected to have plunged 45.3 percent year-on-year to 22.1 billion won, and operat
April 12, 2016
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[Photo News] Samsung rotating laptop
SAMSUNG ROTATING LAPTOP -- Samsung Electronics on Tuesday unveiled its Samsung Notebook 9 Spin, a laptop with a rotating touch screen display that also works like a tablet PC. (Samsung Electronics)
April 12, 2016
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Korean team develops graphene-utilized solution to collecting spilled oil
Korean scientists have developed a vessel made of the new material graphene that can bring about an important yet basic solution to tackling pollution-causing oil spills, they said Tuesday.A team of researchers from Seoul National University, led by the school's mechanical and aerospace engineering professor Kim Yong-hyup, devised the autonomous graphene vessel for suctioning and storing the liquid body of spilled oil. Graphene (123RF)Graphene, a thin layer of pure carbon, is known as a wonder
April 12, 2016
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[Graphic News] VR headset market will be led by Oculus, HTC, and Sony
The “big three” of the world’s virtual reality sector -- Oculus, HTC, and Sony -- will go head-to-head this year, according to market research firm Strategic Analytics.Worldwide sales of virtual reality headsets are expected to stand at $895 billion this year, of which the three VR firms will account for 77 percent. The report did not give details on the market share of each firm. The research firm, however, anticipated that the three brands will only make up 13 percent of the global shipment vo
April 11, 2016