Samsung Galaxy tops Korea's brand value list for 7th straight year: poll

Samsung Electronics Co.'s Galaxy smartphones topped the list of brand value in South Korea for the seventh consecutive year as of the third quarter of 2017, a survey showed Tuesday.Galaxy got 940.98 points out of a possible 1,000 points in the "Top Index" by South Korean market research firms Brandstock. The Samsung brand has retained the top spot since July-September of 2011.  (Yonhap)Naver, South Korea's biggest Internet portal, closely trailed at 931.9 points.Brandstock attributed Naver's str

Sept. 26, 2017

LG Electronics taps further into car components, energy businesses

South Korean electronics giant LG Electronics is moving to increase its investments in vehicle components and energy businesses to equip itself with future growth engines.LG Electronics first launched its vehicle components division in July 2013 and it has posted sales growth for nine consecutive quarters. Starting last year, the vehicle components unit has been supplying a total of 11 auto parts and systems, including electric drive motors, power invertor modules, battery cells and high power d

Sept. 25, 2017

[Reshaping Semicon Map] Samsung's next task: AI chips to empower devices

A new, urgent task of Samsung, the world’s unrivalled memory chip provider, seems to be developing chips for artificial intelligence applications on devices, including the company’s AI program Bixby on smartphones and connected home appliances, an emerging cash cow sought by many chip ventures around the world.Though belatedly compared to its major rivals such as Qualcomm, the South Korean tech behemoth has embarked on research and development of so-called “AI chips” with a goal of commercializa

Sept. 25, 2017

LG jumps into home beauty market

LG Electronics on Monday announced its surprise entry into the growing home beauty market by launching four skin care devices.By combining the company’s hardware manufacturing capabilities and the cosmetics business of affiliated LG Household & Healthcare, the tech titan said it aims to expand into the beauty device market. Branded as Pra.L, LG’s home beauty appliance lineup consists of the Derma LED Mask, the Total Lift-up Care, the Galvanic Ion Booster and the Dual-Motion Cleanser.  Models int

Sept. 25, 2017

[ITU 2017] Global leaders vow united efforts to address ICT issues

BUSAN -- ITU Telecom World 2017, one of the largest UN-backed information and communication technology events, kicked off in Korea’s southern port city of Busan on Monday.Hundreds of ministers, government officials, and business leaders from ITU’s 193 member states packed the auditorium of Bexco, an exhibition center and the main event venue for the conference, to celebrate the opening of the quadrennial event.The conference, which is being held under the theme “Better Sooner,” gives participant

Sept. 25, 2017

LG Signature solidifies position as premium appliance brand

LG Electronics’ high-end home electronics and appliances brand, LG Signature, is cementing its position as a premium brand in the global market, with its solid sales providing a continued boost to its business. With the motto of providing the best performance, refined beauty and innovative use, the LG Signature family currently consists of four product categories: organic light-emitting diode TVs, washing machines, refrigerators and air purifiers. Participants look at LG organic light-emitting d

Sept. 25, 2017

LG seeks turnaround with V30, with broadened AI capability

It is never easy to satisfy the fast-evolving needs and preferences of tech-savvy consumers, who are currently moving towards bigger screens but with thinner and lighter devices for an easier grip with up-and-coming functions. LG Electronics, which has remained steadfast to its smartphone ambition through trial and error, has recently launched its flagship smartphone V30 on Aug. 31 that highlights its comfortable grip despite a 6-inch screen and high-end camera feature. With the well-rounded pho

Sept. 25, 2017

Samsung Electronics is 6th most valuable brand in world: data

Samsung Electronics Co. emerged as the world's sixth most valuable brand in the world, the company said Monday on the back of its innovative products and strong presence in the chip industry.Citing the data compiled by US industry tracker Interbrand, Samsung Electronics made the top ranking list this year, moving a notch up from a year earlier.The company's brand value also moved up 9 percent on-year to $56.2 billion, it added.  (Yonhap)Samsung said Interbrand praised its transparent communicati

Sept. 25, 2017

Govt. announces measures to nurture IT talents

The government announced a comprehensive package of measures Monday to cultivate IT manpower considered essential to help local companies to take full advantage of the ongoing fourth industrial revolution.The ministry rolled out the blueprint for the next five years to deal with the latest revolutionary changes that are characterized by a fusion of cutting-edge technologies such as big data and the Internet of Things. Under the measures announced by the Ministry of Science and ICT, the governmen

Sept. 25, 2017

Tumblr rejects Korea's request to regulate porn

US social media Tumblr has rejected the South Korean authorities' request to regulate adult content on its platform, claiming the company without a physical presence in the country is regulated by US law, a lawmaker in Seoul said Monday.The Korea Communications Standards Commission earlier sent a statement to Tumblr, requesting the US firm cooperate with South Korean authorities' push to crack down on pornography circulated online.But Tumblr said it is a service that enables broad freedom of exp

Sept. 25, 2017

Sales of flexible OLEDs double in Q2

Global sales of small and midsized OLED displays doubled in the second quarter from a year earlier, data showed Monday, on the back of rising demand for smartphones.According to the data compiled by IHS Markit, the market for flexible OLEDs that are 9 inches and below was estimated at $2 billion in the April-June period, rising sharply from $886 million posted a year earlier. (Yonhap)The displays sized 9 inches and below are usually applied on smartphones, tablet PCs, wearable devices and digita

Sept. 25, 2017

[Graphic News] The colors of fall

Leaves use carbohydrates (sugars) to continually produce chlorophyll, which makes the leaves green; the chemical absorbs the blue and orange components of sunlight and converts them into energy for the tree.

Sept. 24, 2017

[Herald Interview] AI to lead next innovation at Asia's top chat app: Line CTO

Six years ago, Line Corp. successfully edged out western rivals like Facebook and WeChat to rise as the dominant mobile messaging service chosen by major Asian markets including Japan, Thailand, Taiwan and Indonesia.And now, the Tokyo-based mobile messaging app operator is on track to achieve its broader vision of expanding into a full-fledged consumer platform by leveraging its strengths in localization and data-driven artificial intelligence technology.Line, touted as a rare case of a globaliz

Sept. 24, 2017

[ITU 2017] Korean telcos speeding up 5G network to prepare for new era

The fifth-generation network is a key factor for up-and-coming data-oriented technologies.Virtual reality, self-driving automobiles, artificial intelligence and the Internet of Things, which will be at the forefront of future industries, require a network that can transmit massive data seamlessly.  (123rf)To keep pace with the future connected world, Korean telecom operators KT, SK Telecom and LG Uplus are speeding up the development of the fifth-generation mobile network, or 5G network, with th

Sept. 24, 2017

[ITU 2017] Global leaders to discuss ICT innovation at ITU Telecom World

Information and communication technology ministers, high-ranking government officials and business leaders in the telecom segment are set to flock to the southern port city of Busan in Korea to participate in ITU Telecom World 2017, one of the UN’s largest ICT events, scheduled to be held from Monday to Thursday.The annual ICT conference serves as a venue where participants can share information on current trends in the sector and discuss what needs to be done to accelerate innovation and to ove

Sept. 24, 2017

Samsung Electronics bolsters autonomous driving technology with $300m fund

In a race to gain a foothold in autonomous driving technology, Samsung Electronics, South Korea’s leading smartphone maker, has formed a fund worth $300 million to step up development in the self-driving industry.　“The $300 million Samsung Automotive Innovation Fund will focus on securing autonomous driving and connected car technologies,” the tech giant said through a press release.Self-driving and connected car technologies include: smart sensors, machine vision, artificial intelligence, and c

Sept. 24, 2017

Fourth industrial revolution, a golden opportunity for Samsung

Businesses around the world are facing a paradigm shift in electronics devices and information technology. And Samsung Electronics, whose operating profit is forecast to reach a record 15.5 trillion won ($13.6 billion) in the fourth quarter, has built its strategy around the Internet of Things, artificial intelligence and automotive components, to maintain growth and its leading position in technology. By category, the microchip industry is expected to see growing demand for high-capacity, high-

Sept. 24, 2017

Samsung heralds era of super storage solutions with V-NAND chips

To address the challenges to meet the pressing requirements of next-generation data processing and storage systems, Samsung has introduced new Vertical-NAND memory solutions and technology to its global customers. At this year’s Flash Memory Summit held in Santa Clara, California, in August, Samsung showcased solutions to address next-generation data processing challenges centered around the company’s latest V-NAND technology and an array of solid state drives. The company hopes SSDs will be at

Sept. 24, 2017

[ITU 2017] ITU Telecom World 2017: exploring smart digital transformation

Artificial intelligence can crunch the numbers on inconceivably large volumes of data, predicting trends, mitigating problems, driving a revolution in socio-economic development. Smart machines can learn, understand, develop and, in many areas, out-perform humans. But what will be the impact on our jobs, our economies and our societies? Do we need an international code of AI ethics now, before it is too late?Digital financial services over mobile broadband can bring the millions of unbanked into

Sept. 24, 2017

[ITU 2017] Meaningful digital inclusion means more than connectivity

Smart is the adjective of our modern world, a world where applications, solutions, products and even entire industries are making innovative use of information and communication technologies (ICTs) to improve the quality of our lives and the efficiency of our services.The potential of smart is enormous. In a smart city, for example, everything from transport to urban planning, electricity supply, local government services and infrastructure management can be improved through the use of ICTs. Sma

Sept. 24, 2017