Most Popular
-
1
Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
-
2
Seoul blanketed by heaviest Nov. snow, with more expected
-
3
NewJeans to terminate contract with Ador
-
4
Seoul snowfall now third heaviest on record
-
5
Samsung shakes up management, commits to reviving chip business
-
6
Heavy snow of up to 40 cm blankets Seoul for 2nd day
-
7
Hybe consolidates chairman Bang Si-hyuk’s regime with leadership changes
-
8
How $70 funeral wreaths became symbol of protest in S. Korea
-
9
NewJeans terminates contract with Ador, embarks on new journey
-
10
Why cynical, 'memeified' makeovers of kids' characters are so appealing
-
Apple to unveil mini iPad in October: report
Apple will unveil a new, smaller version of its wildly popular iPad in October after the release of the latest version of its iPhone next month, the All Things Digital website reported Sunday.“First comes the latest iteration of the tech giant’s hugely popular smartphone, which will be unveiled at an as yet unannounced event on September 12,” the website said.“Only after the next-generation iPhone is out the door and on sale will Apple announce the smaller iPad it’s been working on,” it said.“T
TechnologyAug. 27, 2012
-
Samsung shares plunge after U.S. Apple patents verdict
(AFP)Shares in Samsung Electronics opened 6.75 percent lower Monday after a U.S. court fined the South Korean firm $1.05 billion for breaching Apple's patents.After 15 minutes of trading the shares had fallen by 6.81 percent to 1,187,000 won.A jury in San Jose, California ruled Friday that Samsung infringed six Apple patents for smartphones or tablet PCs.Analysts said the judge in the case could l
Aug. 27, 2012
-
Korean consumer sentiment hits 7-month low in Aug.
South Korean consumers' confidence dipped to a seven-month low in August as the protracted eurozone debt crisis and China's slowing economy heightened economic uncertainties, the central bank said Monday.The consumer sentiment index (CSI) -- a gauge of consumers'overall economic outlook, living conditions and future spending -- came in at 99 for August, down from 100 tallied in the previous month,
Aug. 27, 2012
-
Apple-Samsung patent war set to continue
U.S. tech giant to file injunction, Samsung says U.S. verdict is ‘not the final word’Apple is setting the next stage of its patent battle against Samsung Electronics by filing sales injunctions against the Korean tech giant’s flagship Galaxy smartphones in the U.S., following a court ruling in favor of the U.S. tech giant.A federal court in San Jose, California near Apple’s headquarters ruled that Samsung infringed on patents for several technology features and designs of Apple’s iPhone and iPad
TechnologyAug. 26, 2012
-
Samsung-Apple patent lawsuits
1. GermanyMay 11, 2012: Mannheim court delays proceedings over patent infringement cases.July 24, 2012: Dusseldorf court bans Samsung Galaxy Tab 7.7 in Europe.July 26, 2012: Apple loses appeal against ruling on 3 Samsung devices in Munich court.2. NetherlandsJan. 14, 2012: Court refuses to ban sales of Samsung tablet.June 20, 2012: Court rules in favor of Samsung in 3G-related patent claim against Apple. 3. BritainSept. 12, 2011: Apple files patent violation suit against Samsung.Oct. 6, 2011: Sa
Aug. 26, 2012
-
Out-of-wedlock babies on the rise
The number of new babies born out of wedlock in South Korea is expected to top 10,000 this year after a steady growth over the past nine years, officials said Sunday, pointing to changes in views on traditional marriage and a growing aversion to abortion.Statistics Korea said that 9,959 babies were born out of the wedlock last year, marking a year-on-year rise of 3.3 percent, or 320. Approximately 2.1 babies per every 100 were born outside of marriage, it noted.Last year’s figure was the highest
Aug. 26, 2012
-
‘Turkey the birthplace of Hindi, English’
CHICAGO (AFP) ― Could the word for mother prove that Turkey was the birthplace of hundreds of languages as diverse as Hindi, Russian, Dutch, Albanian, Italian and English?Researchers using a complex computer model originally designed to map epidemics have traced the evolution of the Indo-European language family to find an answer in a study published Tuesday in the journal Science.Similarities between hundreds of languages spoken from Iceland to India have led to hot debates over where they orig
TechnologyAug. 26, 2012
-
Local team develops cancer specific, trackable drug delivery system
A local team of scientists has developed a method of delivering drugs specifically to cancer cells, and to monitor the delivery and absorption of the drugs, the Ministry of Education, Science and Technology said Thursday.In the team led by professors Kim Jong-seung of Korea University and Kang Chul-hoon of Kyung Hee University, the scientists linked the anti-cancer compound camptothecin to a compoung called RGD. The team also attached a fluorescent marker to the compound, enabling tracking of th
TechnologyAug. 26, 2012
-
Jellyfish robot ready for action next April
As large numbers of poisonous jellyfish plague the country’s coasts, dealing damage to fishermen and holidaymakers, a team of researchers at Korea Advanced Institute of Science and Technology has come up with a robot for the efficient destruction of the creatures. On Aug. 20, a KAIST team led by professor Myeong Hyun announced that it has developed the robot JEROS for catching and destroying jellyfish.The robot is equipped with cameras and global positioning system or GPS equipment that allows i
TechnologyAug. 26, 2012
-
Scientists seek beneficial uses for jellyfish
As jellyfish are appearing in Korea’s coastal waters in increasing numbers each year, the damage caused by the creatures is also on the rise.With some species found in the coastal waters weighing as much as 200 kilograms, jellyfish can not only reduce fishermen’s catch but also tear fishing nets. In addition, jellyfish have blocked water intake pipes at power stations.Damages sustained by the fisheries, power and other industries are estimated at over 300 billion won ($264 million) each year. Fo
TechnologyAug. 26, 2012
-
Green Climate Fund to hold next meeting in Korea
GENEVA (AFP) ― The Green Climate Fund, which will help poor countries fight global warming, will hold its next meeting from October 18 to 20 in South Korea, the body said Saturday.The fund was launched at a UN climate conference in Durban, South Africa, last year to help channel up to $100 billion (80 billion euros) a year in aid to poor, vulnerable countries by 2020 via investments from both public and private sources.Its 24-member board wrapped up a first meeting in Geneva on Saturday after th
Aug. 26, 2012
-
Magazine awards Hana Bank, KEB as best banks in Korea
Hana Financial Group announced Friday that Hana Bank and Korea Exchange Bank received awards from Hong-Kong-based magazine Finance Asia.The magazine named Hana Bank on Friday the Best Bank in Korea and KEB the Best Foreign Bank in Korea. Finance Asia announces the best banks in different Asian countries every year through Country Awards. The magazine commented that Hana Bank has shown stable financial growth and growing market share despite the unstable financial environment in and out of the co
Aug. 26, 2012
-
Apple’s victory could backfire eventually: UBS
HONG KONG (Yonhap News) ― Apple Inc.’s victory over Samsung Electronics Co. in a lawsuit in the United States will likely force Apple’s competitors to be more creative, market watchers said Sunday.Investment bank UBS said if the jury recommendation is upheld in the U.S. court, it will have far-reaching implications throughout the industry, especially for rival smartphone makers.“In the short to intermediate-term, an Apple win that forces competitors to come up with different designs should be po
IndustryAug. 26, 2012
-
Hyundai supports school fees for underprivileged students
The Chung Mong-koo Foundation, funded by the Hyundai Motor Group chairman, said Sunday that it would start receiving applications for low interest rate loans from college students coming from low-income households. The scholarship program is part of the foundation’s five-year plan, which was launched in November to nurture talented, but underprivileged students. The Hyundai chief contributed 500 billion won ($440 million) last year ― the largest individual donation here. Hyundai officials said t
IndustryAug. 26, 2012
-
Samsung to show Note 2, LG to push OLED at IFA
Internationale Funkausstellung, one of the world’s largest consumer electronics exhibitions, will open in Berlin, Germany this Friday.Bringing together some 1,300 tech companies from 50 countries, IFA will be the stage for global firms such a Samsung Electronics, LG Electronics and Sony to feature about 200 high-tech consumer products ranging from smart TVs to computers and mobile devices.Samsung Electronics will showcase its products in the exhibition’s biggest booth at 8,628 square meters, whe
IndustryAug. 26, 2012
-
Credit delinquency rises 23 percent
Experts cite real estate market, worsening employmentThe number of credit delinquents has increased by more than 23 percent over the past year. A local credit appraiser NICE Information Service said on Sunday that the index showing the increase of credit delinquents every month scaled up from 16.83 in April last year to 20.80 in March this year, which is a jump by 23.6 percent. A higher index, developed by NICE, means more credit delinquents. The index has been on the increase since the latter h
Aug. 26, 2012
-
BMW revives scooter ambitions to target ‘sleepers’
Bayerische Motoren Werke AG has long made powerful motorcycles such as the 193-horsepower S 1000 RR that can be seen screaming down the autobahn. Now, as arch-rival Audi roars into the bike market after buying Italy’s Ducati, BMW is looking to update its two-wheeler image with scooters designed to appeal to a more urbane rider.BMW is reviving its scooter ambitions nine years after it discontinued the C1, a model with a roof to keep riders dry in rainy weather. The new line is a far cry from unde
MobilityAug. 26, 2012
-
Ssangyong courts young drivers with SUV
Ssangyong Motor, the nation’s fourth-largest carmaker, is stepping up efforts to appeal to young drivers, with its sport utility vehicles receiving positive reviews, especially from those in their 20s and 30s. When local rivals like Hyundai Motor and Kia Motors suffered from sluggish domestic sales in the first half of this year, Ssangyong saw a modest 1.4 percent growth in car sales from one year ago. Ssangyong sold 56,653 vehicles in the first six months this year, including 34,812 units in ov
MobilityAug. 26, 2012
-
Chrysler 300 tops GM-Ford sedans in test
Chrysler Group LLC, the U.S. automaker majority owned by Fiat SpA, boosted its rating in Consumer Reports’ testing of large sedans as its 300 topped offerings by General Motors Co. and Ford Motor Co. The Chrysler 300 scored an 83, behind only Hyundai Motor Co.’s Genesis at 92, the Yonkers, New York-based magazine and product-testing group said today in an e-mailed statement. The cars were tested for their handling, efficiency, comfort and ease of use. The 300 was one of the new or refreshed mode
MobilityAug. 26, 2012
-
Competition heated in luxury sedan segment
Hyundai Motor bolsters marketing to battle BMW, Mercedes in GangnamKorean automakers are set to reinforce marketing of large sedans at home, as their sales in the lucrative premium segment continued to be eroded by import brands.Though Hyundai Motor is posting record-breaking sales of the Equus, Genesis and Grandeur sedans in major overseas markets including the U.S., the company had to suffer a heavy drop in share of the local upscale market.In the case of the Equus sedan, Hyundai posted 6,449
MobilityAug. 26, 2012
