Articles by Shim Woo-hyun
Shim Woo-hyun
ws@heraldcorp.com-
Samsung Electronics to acquire US network service provider
Samsung announced Tuesday that it will acquire TeleWorld Solutions, a Virginia-based network service provider. TWS specializes in providing network designs, installations, testing and optimized solutions to mobile service and cable operators as well as original equipment manufacturers. With the latest deal with TWS, Samsung Electronics is expected to increase its presence in the network infrastructure market as an end-to-end service provider.The South Korean company has been supplying netwo
Industry Jan. 14, 2020
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KT, Samsung take first step in smart hospital evolution with 5G
KT and the Samsung Medical Center announced on Tuesday that they have started an official test-run of 5G-powered medical solutions designed to enhance health care. During a press conference held Monday at the Samsung Medical Center in southern Seoul, the two companies introduced several applications that make use of the 5G network throughout the hospital complex.The RAN-based 5G network at the tertiary hospital makes certain procedures possible at lower cost, when compared with the cost of
Technology Jan. 14, 2020
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SKT forges 5G alliance in Asia-Pacific region
SK Telecom said Monday it has initiated a group of multinational mobile carriers to cooperate on the development of a pan-national 5G network environment in the Asia-Pacific region. The six entities joining the group -- titled Bridge Alliance -- include South Korea’s SKT, Singapore Telecommunications, Hong Kong Telecom, PCCW, Globe Telecom Philippines and Taiwan Mobile. The South Korean mobile carrier’s recent initiative comes as part of its efforts to take the lead in multiaccess ed
Technology Jan. 14, 2020
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Samsung’s market cap rises to world’s 18th
Blue chip Samsung Electronics, listed on South Korea’s main bourse Kospi, hit a record high last week pulling its market cap to the top 20 global list.The tech giant is expected to extend its winning streak on a widely optimistic forecast of its 2020 performance on the back of the recovering semiconductor market, according to industry sources.According to Bloomberg’s data, the total market valuation of Samsung as of Thursday last week came at $301.6 billion, the 18th-highest worldwid
Industry Jan. 12, 2020
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[Eye Plus] Exhibition highlights Gaya relics
An exhibit in Seoul until March 1 guides you through 2,000-year-old artifacts, ranging from iron armors and swords to pottery and accessories like gold crowns.The National Museum is holding an exhibition on Gaya, an ancient confederacy of small city-states in the central-southern region of the Korean Peninsula from AD 42-562.Under the title of “Gaya Spirit -- Iron and Tune,” the exhibition displays some 2,600 artifacts from 31 institutions here and abroad, including the Tokyo Nationa
Arts & Design Jan. 10, 2020
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[CES 2020] SKT plans major transformation, including name change: CEO
SK Telecom CEO Park Jung-ho said the company will face major changes down the road including a name change, during a press conference on the sidelines of the Consumer Electronics Show in Las Vegas, Wednesday. According to Park, the company is targeting initial public offerings for some of its affiliates in the near future. If possible, a name change could also be considered. The mobile carrier aims to expand its cooperation in the field of artificial intelligence with local and global businesses
Technology Jan. 9, 2020
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[CES 2020] SK Telecom partners with HK-based EV brand Byton
South Korean mobile carrier SK Telecom said Tuesday it has signed a memorandum of agreement with Hong Kong-based all-electric vehicle brand Byton to cooperate on next-generation mobility. The two companies signed an MOU at the Consumer Electronics Show in Las Vegas, the world’s largest annual tech show that is currently underway.Last year, Byton’s parent company, Future Mobility, signed a deal with Korea’s Myongshin to build electric sport utility vehicles in Korea -- with
Technology Jan. 8, 2020
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[CES 2020] Samsung to roll out robots around June: CEO
Samsung Electronics is planning on commercializing a new robot in June or July this year, said Kim Hyun-suk, chief executive officer of Samsung’s consumer electronics division. During a press conference held Tuesday at Caesars Palace in Las Vegas, Kim said the new robot would be the third or fourth Project Prism product. Project Prism is the company’s personalized electronics platform. For wider access, the price of the robot will be similar to that of a large washing machine f
Technology Jan. 8, 2020
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[CES 2020] SK hynix boasts advanced memory solutions
SK hynix said Tuesday it will showcase its latest memory chip solutions at the world’s largest annual tech show in Las Vegas. The memory product lineup of SK hynix at the Consumer Electronics Show this year includes its next-generation DRAM products, as well as other memory solutions related to future businesses that utilize artificial intelligence, augmented reality, virtual reality, automotive, internet of things, big data and 5G.The company, whose business profile heavily relies on
Technology Jan. 7, 2020
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Korean executives continue to deliver keynotes at CES
Chief executives of Korean companies continue to stand at the Customer Electronics Show’s podium for keynote speeches, offering glimpses into ongoing global trends in the electronics industry. This year, Samsung’s Consumer Electronics division CEO Kim Hyun-suk will deliver his keynote address on enhanced applications of artificial intelligence-powered customer electronics on Tuesday. In 2019, LG’s chief technology officer opened CES 2019 with a speech also centered on consumer
Technology Jan. 6, 2020
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LG Uplus to create home internet subsidiary in March, offer workers permanent positions
LG Uplus said Friday it plans to establish a home internet service unit, with the aim of launching it on March 1. The subsidiary’s business will encompass home internet services and pay TV products. Its share structure has not been decided yet, said LG Uplus. According to the company, the subsidiary will hire temporary workers from the company’s external partners as permanent employees. LG Uplus aims to offer full-time positions to some 800 temporary workers this year and 500 a
Industry Jan. 3, 2020
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Samsung pledges to beef up compliance across group
Samsung Electronics on Thursday vowed to strengthen its compliance to related laws and regulations by forming a committee that will supervise its internal structure across subsidiaries.Former Supreme Court Justice Kim Ji-hyung -- who previously chaired a committee to settle a long-standing dispute over work environment and employee issues at the firm -- will lead the in-house committee. While Samsung has been operating an internal compliance system, it decided to reinforce its functions followin
Industry Jan. 2, 2020
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Samsung, LG to unveil upgraded AI-equipped fridges at CES 2020
Samsung Electronics and LG Electronics said Wednesday they will showcase their new editions of refrigerators equipped with enhanced artificial intelligence capabilities at the upcoming Consumer Electronics Show, slated to kick off next Tuesday in Las Vegas, US.It is not the first time that they are displaying their smart fridges at the show. But this year, backed by improvements in AI technologies, some upgrades and more convenient features will be highlighted.The most notable change that they h
Technology Jan. 1, 2020
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Korea’s largest messaging app runs into server failure on New Year’s Day
KakaoTalk, Korea’s most widely used messaging app, had a server slowdown around midnight on New Year’s Eve, with some of its users unable to send out New Year’s greetings, according to the app’s operator on Wednesday. The system error in the KakaoTalk server lasted for some two hours from around midnight. Upon identifying the problem, the company immediately took recovery action, it said. The server was fully restored at 2:15 a.m.During the year-end period, the mess
Technology Jan. 1, 2020
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Ministry gives conditional approval to SK Broadband, Tbroad merger
The ICT Ministry on Monday approved the merger between SK Telecom’s SK Broadband and Tbroad, the second-largest cable operator in South Korea. If SK Telecom receives approval from the Korea Communications Commission next month, SK Telecom will hold a 74.37 percent stake in the new company formed from its subsidiary and Tbroad of Taekwang Group.The ministry said it has approved the merger, as well as Taekwang Group’s acquisition of a 16.79 percent stake in the new company, based on th
Industry Dec. 30, 2019
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