Most Popular
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Do Korean doctors make too much money?
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Korean industries gauge impact of Biden's steep tariffs on China
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Court refuses injunction on medical school expansion
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Why Korean crime stories typically feature nameless, faceless perpetrators
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Is FTC's conglomerate listing a boon or bane for Hybe?
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NewJeans to headline palace show
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Coupang's Kim Bom escapes chaebol chief designation again
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Debate on 'no-seniors zones' heats up
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Rare mid-May heavy snow warning issued over mountainous areas of Gangwon
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S. Korea, Cambodia forge strategic partnership
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Braille smartwatch start-up catches global PR wave
A Korean start-up swept headlines around the globe last year for developing a $300 braille smartwatch that it said would help solve illiteracy for the blind. Dot Inc. became one of the most hyped Korean hardware start-ups both locally and abroad, with its baby-faced CEO Eric Ju-yoon Kim, 25, speaking at events including a TEDx conference in Mumbai and Herald Corp.’s own Herald Design Forum.Yet no one has even seen the watch work. Its commercial launch, originally slated for last month, has been
Jan. 6, 2016
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[Photo News] Samsung C&T boasts wearable tech
SAMSUNG C&T BOASTS WEARABLE TECH -- Samsung C&T, Samsung Group‘s construction and fashion unit, showcases smart clothes and fashion accessories, including an NFC-enabled smart suit and a clutch bag equipped with a solar charger at the International CES in Las Vegas through Saturday. (Samsung C&T) SAMSUNG C&T BOASTS WEARABLE TECH -- Samsung C&T, Samsung Group‘s construction and fashion unit, showcases smart clothes and fashion accessories, including an NFC-enabled smart suit and a clutch bag equi
Jan. 6, 2016
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Huawei Y6 set to ignite budget smartphone craze
Tired of being locked in years-long contracts for premium smartphones and paying expensive monthly installments, more consumers are opting for entry-level handsets rather than expensive smartphones with unnecessary specifications and numerous features.These entry-level smartphones, which are not only affordable but also powerful enough to run various multimedia applications and intensive 3-D games, appeal to people on a tight budget and those who want phones with trimmed-down features.After all,
Jan. 6, 2016
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LG Chem vows to overcome uncertainty
Paying a visit to two of LG Chem’s factories, the company’s chief executive Park Jin-soo vowed to push the envelope to overcome business difficulties due to global economic woes and continued low oil prices.At the factories in Cheongju and Ochang, North Chungcheong Province, the LG Group affiliate rolls out lithium-ion batteries for vehicles and smartphones as well as filters for waste water treatment. LG Chem CEO Park Jin-soo (center) visits the firm’s factory that manufactures filters for wast
Jan. 6, 2016
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[CES 2016] Samsung flaunts TV leadership
LAS VEGAS -- Even with all the buzz about driverless cars and the Internet of Things, the annual International Consumer Electronics Show can never be complete without fancier TVs. Samsung Electronics, the world’s largest TV-maker, unveiled Monday its new high-end UHD TVs before their official debuts at the CES trade show that runs from Wednesday through Friday in the U.S. city of Las Vegas. Samsung’s TV chief Kim Hyun-seok speaks at a media preview event for the company’s 2016 quantum-dot UHD TV
Jan. 5, 2016
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[Photo News] LG prepares for 2016 CES
LG PREPS FOR 2016 CES -- LG Display CEO Han Sang-beom (left) pays a visit to the firm’s exhibition booth at the 2016 International CES trade show to be held from Wednesday to Saturday in Las Vegas. At the booth, the display-maker will showcase 55-inch double-sided displays, a 139-inch commercial display made of 8 organic light-emitting diode displays, and high-end OLED TVs with their sizes ranging from 65 inch to 77 inch. (LGD)
Jan. 5, 2016
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[Photo News] LG Uplus, Rinnai launch smart heating system
TECHNOLOGY CONVERGENCE FOR SMART HEATING -- Mobile carrier LG Uplus and Rinnai Korea, a local gas-fired tankless water heater maker, have jointly developed a smart boiler controller which allows users to monitor and remotely control home heating systems.(LG Uplus)
Jan. 5, 2016
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[CES 2016] LG to show off premium tech at CES
LAS VEGAS -- Aiming to claim the limelight at the 2016 International Consumer Electronics Show to be held Wednesday to Saturday in Las Vegas, Korean tech giant LG Electronics said Tuesday it would focus on building and promoting its premium brand image with high-end product lineups, including the LG Signature for home appliances. The LG Signature, the latest christening strategy for the company’s premium products, consists of organic light-emitting diode TVs, a twin-tub washer and refrigerators.
Jan. 5, 2016
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KT GiGA Internet crosses 1m users
Network operator KT said Monday that the number of its GiGA Internet service subscribers has crossed the 1 million mark as of Dec. 30. Since the launch of the GiGA Internet in September 2014, which offers both fiber optic and wireless network services, KT attracted around 70,000 new subscribers to the Internet service every month, which translates into 2,300 new subscribers a day. KT CEO Hwang Chang-gyu delivers a speech at a New Year’s event at a KT office in Bundang, Gyeonggi Province on Mond
Jan. 4, 2016
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Webtoon service Lezhin enters U.S. market
Lezhin Entertainment, an operator of webtoon (online comics) services in Korea, said Monday that it launched its U.S. operations in late December. Having completed the work to tailor its platform -- dubbed Lezhin Comics -- for the U.S. readers, including installation of payment systems and language translation, the Korean webtoon services operator will also set up a U.S. branch this year, which will be in charge of leading the entire businesses in the U.S., one of the world’s largest comics mark
Jan. 4, 2016
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[Photo News] LGD shows off futuristic displays at CES
LGD SHOWS OFF FUTURISTIC DISPLAYS AT CES -- LG Display unveils on Monday state-of-the-art display technologies including a rollable organic light-emitting display, which will be on display at the International CES from Wednesday through Saturday in Las Vegas. (LGD)
Jan. 4, 2016
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ICT Ministry to invest W4tr in R&D
The Ministry of Science, ICT and Future Planning said Sunday that it would set aside 3.94 trillion won ($3.35 billion) to fund research and development projects for science, technology and information and communications technology in 2016.The fund is part of the ministry’s initiative, dubbed the comprehensive execution plan, aimed at speeding up innovation in the nation’s science and ICT sectors and creating new growth engines for the economy. Choi Yang-hee, Minister of Science, ICT and Future
Jan. 3, 2016
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Competition heating up in fintech sector
“Disrupt or you will be disrupted.” The race for fintech, the convergence of technology and finance, is heating up globally, as innovative minds from outside the traditional realm of finance rush to develop new services and products that promise to change the way finance works. Not to be upended by disruptive newcomers, traditional financial giants are trying to embrace technology through partnerships or investments in fintech start-ups. For Korea, this global phenomenon presents some new bus
Dec. 31, 2015
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Kakao, Line vie in Asian character market
KakaoTalk and Line, the nation’s top two mobile messengers, have been pitted against each other to take the lead in the $20 billion Asian character merchandising market.The two mobile messengers operate their own off-line retail stores, dubbed the Kakao Friends Shop and Line Friends Store, respectively, selling products ranging from dolls and smartphone battery chargers to clothes and jewelry emblazoned with characters and emoticons on the mobile messenger platforms. Line Friends Store in Myeong
Dec. 31, 2015
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Conglomerates compete on next-generation cars
Dec. 9, 2015 was a big day for South Korea’s top two conglomerates -- Samsung and Hyundai Motor. Samsung announced it would set up a new team dedicated to car parts for infotainment systems and self-driving cars, while Hyundai said it would start developing automotive chips through its own electronics unit.Technological convergence across industries has become an increasing trend in recent years, with the automotive sector becoming a fierce battlefield for tech firms and carmakers in the era of
Dec. 31, 2015
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Samsung to showcase venture projects at CES
Samsung Electronics said Wednesday it will showcase venture projects such as a virtual keyboard for virtual reality headsets and a belly fat-tracking smart belt at the Consumer Electronics Show in Las Vegas next week. Samsung launched a venture-accelerating program, called C-Lab, in 2012 to support diverse venture ideas within the company. It will be the first time that the company has unveiled some of the projects at CES, the world’s largest electronics trade show. Key projects to be showcased
Dec. 31, 2015
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One gadget to rule them all: LGE touts smart appliance gateway
After releasing an eye-catching gadget that transforms home appliances into connected products earlier this year, LG Electronics on Wednesday unveiled a new device that serves as a gateway to those smart products.Dubbed the SmartThinQ Hub, the device shows the statuses of connected devices either on its display placed on the top of the cylindrical body or via users’ smartphones. A models poses with SmartThinQ Hub, a cylinder-shaped gadget that collects the data of smart home appliances and shows
Dec. 30, 2015
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Creative economy center supports start-ups to go global
Despite the influx of Chinese tourists, small shops and restaurants in Korea often fail to cater services to travelers due mainly to budget constraints. Below-par services have disappointed many Chinese visitors, curbing their plans to visit the country again.Born and raised on the southern resort island of Jejudo, Lee Min-seok, cofounder and general director of mobile travel application start-up TNDN, wanted to break what he called an “endless vicious circle” in the Korean tourism industry. Lee
Dec. 30, 2015
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Korea to push moon exploration through 2020
South Korea's science ministry said Wednesday it plans to launch a lunar exploration project next year, eventually seeking to send a landing vessel by 2020.Under the first stage of the project that will run from 2016 to 2018, the Ministry of Science, ICT and Future Planning will allocate 197.8 billion won ($169 million) to conduct research and send an orbiter.The ministry said it has already secured a 20 billion-won budget for 2016.South Korea plans to develop the orbiter and the ground station
Dec. 30, 2015
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Samsung mass-produces first all-in-one bioprocessor
Samsung’s all-in-one bioprocessorSamsung Electronics said Tuesday it has started mass-producing the world’s first all-in-one bioprocessor that collects and analyzes biological information such as heart rate and body fat in a single chip. In recent years, global device-makers have been piling into the soaring health care device market, but most of their fitness trackers have not gone much beyond heart rate or sleep quality monitors. With the unprecedented one chip solution, Samsung said it aims t
Dec. 29, 2015