Samsung Electronics’ three co-CEOs were found Monday to have seen a drastic drop in their compensations this year. According to the company’s regulatory filing, vice chairman Kwon Oh-hyun, the highest-paid CEO, received a total salary of 3.82 billion won ($3.25 million), including 2.23 billion won in bonus, over the nine months that ended in September. The figure compared with 6.25 billion won he received during the same period last year. CEO Yoon Boo-keun, head of the consumer electronics busin

Nov. 16, 2015

BOOK A TABLE WITH APP -- Mobile platform developer SK Planet said Monday its restaurant recommendation application Syrup Table, which has surpassed 12.5 million downloads so far, now offers a restaurant booking service for subscribers. (SK Planet)

Nov. 16, 2015

MID-RANGE TWO-TUB WASHER — LG Electronics releases a mid-end variant of the Tromm Twin Wash, a front-load washer that features a top-load machine on the bottom. The new Twin Wash, priced at 2.3 million won ($1,960) -- 500,000 won less than the high-end version -- comes in white with a 16-kilogram front-loader and a 3.5 kg top-loader, which can run simultaneously or separately. (LGE)

Nov. 16, 2015

The market for organic-light emitting diodes will likely gain more steam in the next couple years as more device-makers, including Apple, are forecast to roll out their next flagship smartphones and smartwatches fitted with the flexible display, according to sources.Even though handset manufacturers will not immediately drop the traditional liquid crystal displays from their devices, they will opt for OLEDs for products such as foldable tablets in two or three years, they forecast.California-bas

Nov. 16, 2015

Early this month, SK Planet, owned by the nation’s largest telecom carrier SK Telecom, filed a lawsuit against Loc & All, the operator of navigation app Kimgisa, for using its map information without permission. SK Planet, which owns Korea’s most used navigation app T-Map, had offered the map information to Loc & All under a contract since 2011. But the company claimed that Kimgisa continued using the information even after the contract expired in June. “We found hundreds of our watermarks on Ki

Nov. 15, 2015

CARING WITH KIMCHI – Samsung Electronics employees and residents in Gyeonggi Province together make kimchi at the company’s headquarters in Suwon on Saturday. The Korean tech giant plans to donate 120 tons of kimchi to underprivileged people in the area. (Samsung Electronics)

Nov. 15, 2015

LG PRIZE FOR BASEBALL WINNER -- LG Electronics vice chairman Koo Bon-joon (left) offers prize money to Seoul CMS, the winner of the 2015 Korea Women’s Baseball League, at the closing ceremony in Icheon on Saturday. (LG Electronics)

Nov. 15, 2015

Facebook launched a tool that checks the safety of Facebook users Friday night amid a deadly terrorist attack in Paris that have reportedly claimed lives of at least 100 people. The safety check tool allows users in the area notify their friends of their safety, and users outside of France to know if any of their friends are in the vicinity and whether they are safe. (The Korea Herald)Also, users can also notify their friends that someone in the affected area are OK by clicking “mark safe.” "Qui

Nov. 14, 2015

When it comes to curbing climate change, Norwegian scientist Jorgen Randers is a disbeliever. “I’m a pessimist because I do not think humanity will go the extra lengths to stop the earth from degenerating,” the coauthor of influential book “The Limits to Growth” (1972) told The Korea Herald on Thursday. “But I’m working hard and hoping that it will. Humanity is capable of preventing such scenarios. The question is whether they will decide to do so.”The 70-year-old professor at the BI Norwegian B

Nov. 13, 2015

SAMSUNG RECOGNIZED FOR GREEN PRODUCTS -- Samsung Electronics said Friday that its business monitor UE850 had received the TCO Display 7.0 environment certification from the Swedish Confederation of Professional Employees, a trade union organization. (Samsung)

Nov. 13, 2015

BUSAN -- Along with long-awaited blockbuster game titles, independent, or indie, games are also entertaining visitors at the annual G-Star game trade show being held in Busan.Indie games are created by individuals or a small team of developers without backing from big game publishers. The indie game segment is often said to serve as an important locomotive of the nation’s game industry as it is a hotbed of creativity born from pure passion and love for games. Aki Koseki (in yellow), president of

Nov. 13, 2015

While there is no known cure for Alzheimer’s disease -- a chronic neurodegenerative disease considered to be one of the biggest threats to South Korea’s future economy -- researchers have found that certain foods may reduce one’s risk of developing the condition if consumed regularly.　According to Dr. Moon Yeon-sil from Konkuk University Medical Center, those who follow a Mediterranean diet have a significantly lower chance of developing Alzheimer’s disease than those who don’t. The Mediterranea

Nov. 12, 2015

BUSAN -- Elves, monsters and supercars from popular online games became much more real at the annual G-Star game trade show, luring gaming aficionados to the event that opened Thursday in Busan.　From car exhibits to stage shows, companies took their characters out of their game worlds to reach out to players. Models pose at game developer Nexon`s exhibition booth during the G-Star game trade show on Thursday in Busan. (Kim Young-won/Korea Herald)　The four-day trade show is a venue for game devel

Nov. 12, 2015

Samsung Electronics on Thursday unveiled its latest Exynos 8 Octa 8890 chipset that will be installed in its next Galaxy smartphone lineup, tentatively called the Galaxy S7, next year. The new chip is the company’s first premium one-chip solution that integrates modem and radio frequency technology into a single chip. Qualcomm is the market leader in such chips.  The one-chip solution boasts better performance at lower energy consumption than the alternatives. But few companies make chips of thi

Nov. 12, 2015

Entrepreneur Rebekah Kang has a dream that one day, technology will make politicians obsolete.“It’s really hard to communicate and hard to raise your voice. That’s why you don’t trust (politicians) and … a lot of people are not voting anymore,” she said. “If we’re not happy about what they’re doing, why do we need them?”Just as Google Nest manages a smart home, citizens will use a service to scroll through the legislation that is important to their lifestyle, such as whether they have a kid, a c

Nov. 11, 2015

TOKYO ― Google is rethinking everything with machine learning, an artificial intelligence technology that trains computers to think and learn from data. The U.S. Internet giant held an Asia-Pacific press conference, titled “The Magic in the Machine,” in Tokyo Tuesday to introduce its renewed commitment to the futuristic computing technology.“Machine learning has actually been around for a long time. But it has made huge achievements over the past three years,” Eric Schmidt, executive chairman of

Nov. 11, 2015

LG UNVEILS G4 WHITE GOLD EDITION -- LG Electronics released a new variant of its high-end G4 smartphone, dubbed the G4 White Gold, Wednesday. The new G4 in white with a gold-colored frame rolled out through Korean mobile carriers starting with LG Uplus. (LGE)　

Nov. 11, 2015