[Photo News] KT expands B2B services

  KT EXPANDS B2B SERVICES -- South Korea’s leading telecommunications firm KT said Wednesday that the number of corporate subscribers for its GiGA Office -- a package of ICT solutions for small- and medium-sized businesses to manage and control ICT equipment, Web-hosting and system security -- has crossed 700 since the services were launched in November last year. (KT)

Sept. 30, 2015

Yap aims to reign supreme in mobile services

Mobile coupon application operator Yap Company has been expanding its businesses ranging from public transportation apps to smart beacons in a bid to lead the mobile services sector.The latest moves by the 2-year-old company include takeover of emerging mobile services, such as the nation’s most popular mobile subway map provider Smarter Subway with around 14 million subscribers, and the launch of new mobile services including restaurant recommendation app Yap Place and Yap, a beacon-based app w

Sept. 30, 2015

Naver Band’s downloads surpass 50m worldwide

Camp Mobile, a mobile service subsidiary of Web-portal operator Naver, said Wednesday that the number of downloads of the firm’s social networking service Band had surpassed 50 million worldwide as of Sept. 22.Launched in August 2012, the invite-only mobile app has permeated around 180 global markets with its number of monthly active users standing at 18 million, and has recently gained traction in Taiwan and India. The number of downloads for social networking service Band exceeds 50 million as

Sept. 30, 2015

[Photo News] Samsung Pay available in U.S.

SAMSUNG PAY AVAILABLE IN U.S. -- Tech giant Samsung Electronics launched its mobile payment service Samsung Pay in the U.S. market Monday. Samsung Pay allows users to make purchases with either traditional magnetic stripe terminals or NFC-enabled terminals. (Samsung) SAMSUNG PAY AVAILABLE IN U.S. -- Tech giant Samsung Electronics launched its mobile payment service Samsung Pay in the U.S. market Monday. Samsung Pay allows users to make purchases with either traditional magnetic stripe terminals

Sept. 29, 2015

Samsung Electronics boasts prowess in chip fabrication

A report from a private research institute suggested tech giant Samsung Electronics once again outdid Taiwanese chip manufacturer TSMC in the competition for efficient chip technology.Both chip manufacturers are confirmed as the two suppliers of the mobile application processor deployed in California-based Apple’s latest iPhone S6 smartphone, a teardown report by research firm Chipworks showed. Samsung Electronics’ Exynos 7 mobile application processor, which deploys a 14nm process technology. (

Sept. 29, 2015

Mobile carriers' profitability improves in Q3

(123RF)South Korea's three mobile carriers are estimated to have posted an improved ratio of operating income to total revenue in the third quarter, industry sources said Sunday, as the firms reduced marketing expenditures.   The combined sales posted by SK Telecom Co., KT Corp. and LG Uplus Corp. are estimated to have reached 12.5 trillion won ($10.46 billion) in the July-September period, while the operating profit is expected at 1.67 trillion won, the data compiled by industry tracker FnGuide

Sept. 27, 2015

Wearable mobile device users near 240,000 at end-July

(123RF)The number of South Koreans using wearable telecommunications devices reached nearly 240,000 at the end of July, data showed Sunday, amid the rising popularity of smartwatches in the country.   According to the data compiled by the Ministry of Science, ICT, and Future Planning, the number of subscribers of wearable telecommunication devices soared 67 times to 239,042 in Julycompared with the 3,542 posted in October last year.   The number of subscribers of mobile phones, on the other hand

Sept. 27, 2015

LG Chem to supply battery for Chinese EV maker

　LG Chem has been stepping up its efforts to expand its electric car battery business, which is anticipated to become one of the next cash cows of the chemical firm.　As part of the firm’s efforts to increase its presence in the global market, it has recently inked a supply deal of EV batteries with Chinese carmaker Chery Automobile headquartered in Anhui Province. LG Chem’s production line of batteries for electric vehicles in Ochang, North Chungcheong Province. (LG Chem)　“LG Chem, which has ink

Sept. 24, 2015

Murky outlook for foldable smartphone

　Speculation is rising that tech giant Samsung Electronics will unveil its first foldable smartphone next year, which will likely stand out among similar looking and dull flat-screen handsets.　Market analysts, however, anticipate that customers will not be able to get their hands on the much-talked-about Samsung foldable smartphone next year.Samsung Electronics’ Galaxy S6 Edge Plus, which features a display curved on both sides. (Samsung Electronics)　“Samsung will not likely release the foldable

Sept. 24, 2015

[Photo News] LG shines at international airports

LG SHINES AT AIRPORT -- Tech giant LG Electronics has its organic light-emitting diode TVs installed at major international airports in 23 nations including John F. Kennedy International Airport in New York,and Frankfurt Airport in Frankfurt. (LGE)　　

Sept. 24, 2015

[Photo News] LG Uplus expands Uwa service overseas

LG UPLUS EXPANDS UWA SERVICE OVERSEAS -- LG Uplus has expanded its flagship Uwa communication service overseas to Japan, Hong Kong and Singapore. The Uwa service enables smartphone users to share data, music, pictures and locations with others while making phone calls. (LG Uplus)

Sept. 23, 2015

[Photo News] LG releases new water purifier

LG RELEASES NEW WATER PURIFIER -- LG Electronics recently introduced a new water purifier, the first in Korea that uses an inverter compressor. The energy-efficient, stand type water purifier offers cold water in large amounts and is suitable for commercial areas with a lot of people. (LGE)

Sept. 23, 2015

KT plans to invest W13tr in smart GiGA network by 2020

　Aiming to become the world’s tech and telecommunication leader, KT Corp., a leading mobile carrier in Korea, rolled out a set of grandiose business plans to lead what it calls “the next industrial revolution,” over the next few decades.　Delivering a presentation at a press meeting on Wednesday, Hwang Chang-gyu, the chief executive of the mobile carrier, said it would lead to what he called “the fourth industrial revolution,” based on the advancement and convergence of information and communicat

Sept. 23, 2015

Daum Kakao sets sail with new name, leader

Daum Kakao, the largest mobile messenger operator in Korea, set sail Wednesday with its new corporate name Kakao to be led by new chief Rim Ji-hoon.The operator of mobile messenger Kakao Talk and Web-portal Daum said the two resolutions to name Rim as the new CEO and to change the name of the company to Kakao were passed at a shareholders meeting at the firm’s Jejudo Island headquarters. Kakao CEO Rim Ji-hoon. (Kakao)After the meeting, the board members also approved the appointment of the new C

Sept. 23, 2015

[Photo News] Samsung partners with designers for TV

SAMSUNG PARTNERS WITH DESIGNERS FOR TV -- Tech firm Samsung Electronics introduces the Samsung Serif TV, designed in collaboration with furniture designers Ronan and Erwan Bouroullec, at the London Design Festival on Monday. (Samsung)

Sept. 22, 2015

Samsung Electronics to go all out to lead digital storage market

Samsung Electronics on Monday rolled out new solid-state drive storage devices for consumers and enterprises with an aim to beef up the firm’s SSD lineup and solidify its lead in the storage market. 　Holding the annual Samsung SSD Global Summit under the theme of “Marching into The Next Era” on the day in Seoul, the tech giant showcased five new SSD options, including a 2 1/2-inch SSD for consumers, dubbed the 850 EVO, which is based on technology that stacks up 48 layers of cells -- which Samsu

Sept. 22, 2015

Experts paint gloomy outlook for global display market

　The global display market has seen a boost for the past several years thanks to the brisk growth of information technology and electronics devices that deploy advanced display panels.　Market players, however, should brace for much fiercer competition due to market saturation for mobile devices and TVs, according to industry officials and analysts.　“The display industry basked in remarkable growth from 2010 to 2013 with the touch panel business, in particular, growing at the rate of 27.5 percent

Sept. 22, 2015