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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'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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Medical feud leaves hospitals in financial crisis
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'Queen of Tears' riding high on Netflix chart
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Chip up cycle won’t stay long: SK chief
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Media watchdog to consult U.S. FCC over SK-CJ deal
Korea Communications Commission chairman Choi Sung-joon said Thursday he will have discussions with top officials from the U.S. communications regulator over a proposed merger of IPTV firm SK Broadband and cable TV company CJ HelloVision this month.Chairman Choi and officials from the Korean regulator are scheduled to fly to the U.S. on Feb. 17 and meet with the Federal Communications Commission officials including chairman Tom Wheeler.Choi Sung-joong, the chairman of Korea Communications Commis
April 7, 2016
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[Herald Interview] Shaping Korean start-up scene
Since its launch a decade ago, Pangyo Techno Valley in Pangyo, Gyeonggi Province, has grown to become the largest venture hub in South Korea. It houses more than 1,000 companies in different industrial categories -- ranging from information technology to biotechnology -- and employs about 70,000 people, generating 70 trillion won ($60 billion) in combined revenues last year. This accounts for more than 20 percent of the entire gross domestic product of the largest province in Korea.
April 7, 2016
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Samsung profits beat estimates thanks to Galaxy S7
Samsung Electronics performed better than expected in the first quarter, largely driven by the upbeat sales of its flagship Galaxy S7 smartphone. The Korean tech giant said Thursday in a regulatory filing that its operating profit in the first three months this year was likely 6.6 trillion won ($5.7 billion), well above the average 5.6 trillion won estimate by local analysts. Pedestrians pass a Samsung Electronics retail store in Seocho-dong, southern Seoul, on Thursday. (Yonhap)The figure is u
April 7, 2016
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Mind those extra pounds?
Let’s say you’re trying to avoid sugar. And you’re at work one morning, when someone puts out that irresistible pink box of doughnuts. (Or a bowl of chips, or whatever your weakness may be.) It’s a common scenario -- and likely pitfall -- for anyone who is trying to eat healthier. Here’s an uncommon solution from Instagram star Tiffany Cruikshank, author of the new book “Meditate Your Weight: A 21-Day Retreat to Optimize Your Metabolism and Feel Great.” “Before reaching out for the doughnut, as
April 7, 2016
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[Photo News] Ultimate stability
ULTIMATE STABILITY--Professional card stacker Bryan Berg builds a 3.3-meter-tall house of cards, the tallest of its kind built in 12 hours and a new Guinness World Record, on LG Electronics’ running front-load washing machine Centum, at an event organized by the tech giant in Seoul last month. (LGE)
April 7, 2016
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Samsung names 33 research projects to sponsor
Samsung Group on Thursday announced 33 research projects it intends to fund in the first half of this year. The group has sponsored a total of 231 research projects in basic science and material and information and communications technology fields since August 2013 as part of its efforts to help the nation secure futuristic fundamental technologies.The group plans to spend 1.5 trillion won ($1.3 billion) by 2022. This year’s list includes a study on sustainable amino acid synthesis by Seoul Nati
April 7, 2016
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Kakao in chaebol dilemma
In July last year, when President Park Geun-hye invited 17 business leaders to Cheong Wa Dae for a luncheon meeting, people within the Internet industry felt they were now living in a different world. Among the high-profile figures from conglomerates such as Samsung and Hyundai were heads of Naver and Kakao, the nation’s top two Internet companies and the most successful venture firms. President Park Geun-hye (right) listens to Kakao board chairman Kim Beom-soo on the company’s Internet-based
April 6, 2016
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Mobile motel booking firm draws W15b investment
Yanolija, a local motel booking company, has pulled fresh investment worth 15 billion won ($13 million) from investors from the U.K. and Korea, it said Wednesday.SL Investment Management of the U.K. and a Seoul-based investor, Partners Investment, have decided to invest in the motel booking business, which has been logging growth in recent years. The logo of motel booking service Yanolja (Yanolja)Established in 2007, the motel booking business posted 36.7 billion won in sales in 2015, up 82 perc
April 6, 2016
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LG Display to build OLED display module factory in Vietnam
LG Display, one of Korea’s leading display manufacturers, said Wednesday it has signed a deal with the city government of Hai Phong, the third-largest city in Vietnam, to build a display module factory there.The Korean display firm will first spend $100 million to establish a local office in the city and begin construction of the factory later this year. It will start operating the factory next year.Jeong Cheol-dong (fourth from left), LG Display chief production officer, and Le Van Thanh (fourt
April 6, 2016
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Ho-Am Prize winners named
The Ho-Am Foundation on Tuesday announced the six recipients of its annual prize, often referred to as the Korean equivalent of the Nobel Prize. The winners include: Kim Myung-sik, professor of Imperial College of London; Oh Joon-ho, professor of Korea Advanced Institute of Science and Technology; Larry Kwak, director of the Toni Stephenson Lymphoma Center at City of Hope Hospital in Los Angeles; poet Hwang Dong-kyu; and Kim Hyun-soo and Cho Soon-sil, cochairmen of Wahaha, a charitable organizat
April 5, 2016
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Global competition shows technology aids weight loss
MIAMI (AFP) - A friendly international competition to encourage exercise using pedometers and online tools was successful in helping people lose weight and improve their fitness over the course of three months, researchers said Sunday. The results of the study -- based on self-reported data from 68,000 people who participated in the virtual event known as Stepathlon -- were presented at the American College of Cardiology's annual meeting in Chicago. Stepathlon is run by a start-up company in Mum
April 5, 2016
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Sony launches world’s smallest portable speaker
Sony launched three new additions to its h.ear audio accessory lineup, including the world’s smallest portable speaker h.ear go, in Seoul on Tuesday. The h.ear go, consisting of two 35-millimeter full-range speakers, weighs only 790 grams. Loaded with dual tweeters as well as dual passive radiators at the front and the back, the speaker offers high quality full sound despite its compact size. And the battery life is a whopping 12 hours. Singer IU, a Korean ambassador for Sony, poses with the h.
April 5, 2016
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Samsung extends its lead in DRAM sector
Samsung Electronics, the world’s second largest semiconductor firm, has achieved a breakthrough in the global chip sector by successfully mass-producing a 10-nanometer-class DRAM chip, the company said Tuesday. The new 8-gigabit double-data-rate-4 (DDR4) DRAM chip -- based on 1x nanometer chip design and manufacturing technology -- will place the Seoul-headquartered chipmaker in an unrivaled position, according to the firm. Sams
April 5, 2016
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[Photo News] LG 'No Kid Hungry' campaign
LG ‘NO KID HUNGRY’ CAMPAIGN -- LG Electronics on Monday held a fund-raising event to feed children, called “No Kid Hungry,” at the National Building Museum in Washington. The Korean tech giant also offered its latest premium LG Black Stainless Steel Series for the cooking program for participating families. (LG Electronics)
April 5, 2016
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[News Focus] Tesla secures upper hand over suppliers
Tesla Motors, upbeat on soaring orders for its new $35,000 full-electric family sedan Model 3, seems to have already secured an upper hand in its upcoming talks with suppliers. Since the much-hyped prototype was unveiled Friday, preorders have surged to 276,000 in just three days. Deliveries will start late 2017 but long lines at Tesla stores were reminiscent of the crowds at Apple stores for early models of the iPhone. Now parts makers, especially those making the key parts such as batteries an
April 4, 2016
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Government to invest W100b to develop supercomputers
The Korean government has rolled up its sleeves to develop more advanced supercomputing systems than AlphaGo after the artificial intelligence by Google’s DeepMind defeated the nation‘s human Go master last month.Behind the learning and calculation prowess of AlphaGo are supercomputing systems made of more than 1,400 central processing and graphic processing units and application software.China’s supercomputer Tianhe-2 (Yonhap)The Ministry of Science, ICT and Future Planning announced Monday a p
April 4, 2016
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12cm begins smart stamp service at Japan’s FamilyMart
On March 30, the O2O (Online to Offline) service company 12cm (CEO: Jeong Gyoun Han) announced that it recently began offering its smart stamp service at FamilyMart, the well-established Japanese convenience store franchise chain. 12cm’s smart stamp service uses a stamp-type system designed exclusively for use with smartphone touchscreens to connect mobile coupons, tokens, and gift cards with offline stores and conduct promotional events. The service currently being offered “stamps” a coupon int
April 4, 2016
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[Photo News] Samsung Activewash gains traction
SAMSUNG ACTIVEWASH GAINS TRACTION -- Samsung Electronics said Monday that sales of its Activewash top-load washing machine, featuring a plastic built-in sink on top for hand-washing fragile items, has surpassed the 2-million mark since its launch in February 2015. The company said the washer was sold every 20 seconds -- the fastest sales pace among Samsung washing machines -- in 33 countries, including Korea and the U.S. (Samsung Electronics)
April 4, 2016
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[Newsmaker] G5 steers turnaround of LG’s mobile unit
LG Electronics has made diverse new experiments with its smartphones such as the leather-clad G4 and dual-camera phone V10 over the past year. The phones were great but received little acknowledgement from customers.The company has recently come up with another unprecedented phone in the market -- the world’s first modular smartphone G5. But this time the initial market reaction seems quite different, with orders soaring. According to telecom carriers and retailers, the phone sold more than 15,
April 3, 2016
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KT teams up with China Mobile for 5G
Korea’s leading network operator KT Corp. said Friday that it would beef up its partnership with China Mobile for the next-generation network 5G and connected network services.“Global cooperation is especially important to have future telecom technologies in place,” said KT chief executive Hwang Chang-gyu at a workshop held at the head office of China Mobile on Thursday. KT CEO Hwang Chang-gyu (left) poses with China Mobile chairman Shang Bing after a meeting in Beijing on Thursday. (KT)Hwang m
April 1, 2016