Most Popular
-
1
Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
-
2
Wealthy parents ditch Korean passports to get kids into international school
-
3
Man convicted after binge eating to avoid military service
-
4
First snow to fall in Seoul on Wednesday
-
5
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
6
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
7
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
8
Job creation lowest on record among under-30s
-
9
NK troops disguised as 'indigenous' people in Far East for combat against Ukraine: report
-
10
Opposition leader awaits perjury trial ruling
-
SK Telecom Q3 net up 5.7%
South Korea’s biggest mobile carrier SK Telecom Co. said Wednesday its net profit rose 5.7 percent in the third quarter from a year earlier on the back of a rise in long-term evolution subscribers and good performance by its key affiliate chipmaker.Net profit came to 531 billion won ($507.4 million) in the July-September period, compared with 502.2 billion won the previous year, the company said in a regulatory filing. The figure slightly surpasses the 522.8 billion won consensus polled by 12 lo
Oct. 29, 2014
-
LG Electronics’ Q3 profit up 86.7% on-year
South Korean tech firm LG Electronics continued its steady growth path with net profit rising 86.7 percent in the third quarter from a year earlier on brisk sales of its flagship G3 smartphones, the company said Wednesday. Net profit was at 202.6 billion won ($193.5 million) in the July-September period, compared with 108.5 billion won in the same period last year. Operating profit soared 111.8 percent on-year to 461.2 billion won, with sales reaching 14.9 trillion won in the same period, up 7.4
Oct. 29, 2014
-
Samsung bets on B2B market as next growth engine
Samsung Electronics Co. is making aggressive moves in the business-to-business (B2B) market as a new driver for growth, as it faces challenges in the faltering smartphone sector, industry sources said Wednesday.The world's top smartphone and memory chip maker is pushing for a deal with premium carmakers in North America and Europe to supply digital signage platforms.Digital signage refers to large-sized commercial displays including outdoor advertising and hologram panels that use technologies s
Oct. 29, 2014
-
ITU offers awards for bringing more women into ICT sector
The International Telecommunications Union on Tuesday gave recognition to individuals and agencies that have promoted women’s presence in information, communication and technology industries.The ITU had picked 37 finalists from around 360 candidates recommended by 74 countries for the awards ― the first of their kind ― given in seven categories. The Gender Equality and Mainstreaming Tech Award “seeks to create a platform for advancing women’s meaningful engagement with ICTs and their role as dec
Oct. 28, 2014
-
Disrupt yourself to get ahead: Cisco executive
BUSAN ― Robert Pepper, vice president of U.S. networking firm Cisco’s global technology policy team, urged companies to stay vigilant so as not to get left behind in the Internet of Everything era.“You have to challenge and disrupt yourself, as the technology market moves very fast and the customers are always looking for the next thing (in the IoE era),” he said. “If you don’t disrupt yourself, somebody else will disrupt you.”He forecast that the total value of the Internet of Things would reac
Oct. 28, 2014
-
‘Simplicity key to becoming market leader’
ARM, a U.K-based chip designer, said Tuesday that tech companies should strive to design products that make use of complex technology such as semiconductors simple and easy to use. Simplicity will further spur tech firms to make a leap into the upper echelons of the industry.“State-of-the-art technology is hidden and invisible but is certainly leading the industry,” said Antonio Viana, president of ARM’s commercial and global development, in his keynote speech at the ARM Tech Symposium 2014 in S
Oct. 28, 2014
-
Samsung rolls out curved smartphone in Seoul
Samsung Electronics Co. has released the latest curved smart device on home soil, the company said Tuesday, following the launch of its twin model Galaxy Note 4 last month amid concern over the tech firm's dwindling profit. The Galaxy Note Edge, a cross between a smartphone and tablet PC, features a curved display on the edge of the device that is designed to allow more flexibility and multiple functions. The phablet is available for purchase via SK Telecom Co. starting Tuesday. KT Corp. is sche
Oct. 28, 2014
-
Navigating through the human brain
Much as humankind has been fascinated by the exploration of outer space, it has also been mesmerized by the complexity of the brain. Over the years, scientists have explored intricate neural connections, seeking to uncover how a 1.5-kilogram lump of protein is able to achieve things like processing enormous amounts of information and creating various forms of art.Paik Se-bum, an assistant professor at Korea Advanced Institute of Science and Technology, is one of the budding researchers in the re
Oct. 27, 2014
-
KT to support ‘hidden champs’
By Kim Young-wonBUSAN ― KT chief executive Hwang Chang-gyu said Monday that the South Korean economy needs to adopt a new growth model that allows start-ups, and small and medium-size enterprises to flourish through innovation.In a keynote speech at the Global ICT Premier Forum on the sidelines of the ITU Plenipotentiary Conference in Busan, Hwang suggested that the country’s conglomerates should make their abundant resources available to start-ups and SMEs so that they can come up with creative
Oct. 27, 2014
-
SK Telecom sues Viber over patent infringement
South Korea's No. 1 mobile carrier SK Telecom Co. said Monday it has filed a lawsuit against global mobile messenger Viber earlier this year for infringement on four patents held by the company."It is true that the lawsuit is going on," an official from SK Telecom told Yonhap, without revealing further details."The lawsuit is aimed at protecting the company's patent rights and prevent (our) business models being infringed," SK Telecom said. "We cannot open other details, as the lawsuit is still
Oct. 27, 2014
-
IBM emphasizes customer-oriented business
Shirely Yu-Tsui, the head of the South Korean arm of U.S. tech giant IBM, on Monday emphasized the changed role of customers and advised companies to learn from each other on how to engage them. "The role of customers have really evolved. They are not just customers, but are very empowered. They are smarter, they are corrective, and also, they are very influential," Yu-Tsui said during the Global ICT Premier Forum.Lego in 2004 was near bankruptcy as children became more interested in video games
Oct. 27, 2014
-
South Korea elected to ITU Council for seventh time
South Korea was elected Monday to the 48-member council of the International Telecommunications Union (ITU) for the seventh time.South Korea was elected from the Australasia region along with China, Japan, Indonesia, Kuwait, the United Arab Emirates, Australia, Saudi Arabia, Bangladesh, the Philippines, Thailand, India and Pakistan.The council is tasked with policymaking to ensure that the ITU keeps up with the world's rapidly changing telecommunication environment and deciding on administrative
Oct. 27, 2014
-
ICT ministry to promote cloud tech to ITU members
South Korea's ICT ministry said Sunday it will host a three-day exhibition on the future of cloud technology this week at the venue of the International Telecommunications Union (ITU) meeting underway here, targeting some 3,000 ICT officials from around the world attending the conference.Around 70 tech firms from home and abroad will participate in the exhibition that kicks off Monday, the Ministry of Science, ICT, and Future Planning said."The exhibition will provide visitors with opportunities
Oct. 26, 2014
-
NK leader 'satisfied' with new kindergarten, orphanage
North Korean leader Kim Jong-un visited a newly-built kindergarten and orphanage and expressed great satisfaction, Pyongyang's state news agency reported Sunday. Kim was satisfied with the construction of a "baby home," referring to a kindergarten, and orphanage in Pyongyang, saying that "providing these facilities is important," the North's Korean Central News Agency (KCNA) said in an English-language report monitored in Seoul.Kim, known to be in his late 20s or early 30s and a father, said th
Oct. 26, 2014
-
Muslims keep the faith during ITU conference
Staying in South Korea away from his home Niger to attend a three-week-long conference, Muslim Mahaman Laouali Gonda can't give up the ritualistic practice of praying to Allah five times a day.When the parliamentary secretary of the West African country first visited this southern port city of Busan to attend the 19th International Telecommunications Union (ITU) Plenipotentiary Conference that kicked off on Monday, Gonda knocked on the door of the ITU's office to get directions to a prayer room.
Oct. 26, 2014
-
S. Korean elected as head of ITU Standardization Bureau
South Korea's Lee Chae-sub, a specialist in IT convergence, was elected Friday as the head of the Telecommunication Standardization Bureau of the International Telecommunications Union (ITU), becoming the first from the country to take one of the top seats at the organization.Lee had competed with Ahmet Erdinc Cavusoglu from Turkey and Bilel Jamoussi from Tunisia. Lee, 54, received 87 votes among 169 member states that voted, exceeding the 85 required to be elected.The ITU has 193 members. The S
Oct. 25, 2014
-
Korean candidate elected as ITU-T director
Lee Chae-sub, a KAIST researcher and policy adviser for South Korea’s Ministry of Science, ICT and Future Planning, won in the election for the directorship of the ITU Telecommunication Standardization on Friday. The ITU Telecommunication Standardization, or ITU-T -- one of the three bureaus of the U.N.’s specialized agency ITU along with ITU-R and ITU-D -- is in charge of setting technology standards in global ICT industries, such as those for Internet protocol television (IPTV), information se
Oct. 24, 2014
-
Korean candidate likely to win ITU-T directorship
Lee Chae-sub, a KAIST researcher and policy adviser for South Korea’s Ministry of Science, ICT and Future Planning, is expected to win in the election for the directorship of the ITU Telecommunication Standardization on Friday. The ITU Telecommunication Standardization, or ITU-T ― one of the three bureaus of the U.N.’s specialized agency ITU along with ITU-R and ITU-D ― is in charge of setting technology standards in global ICT industries, such as those for Internet protocol television, informat
Oct. 24, 2014
-
Britain's Johnson named new deputy secretary of ITU
Members of the International Telecommunications Union (ITU) on Friday elected Malcolm Johnson from Britain as the organization's new deputy secretary-general following several run-off votes held after no candidate secured a majority.Johnson received 104 votes from 168 member states who voted. The minimum required was 85 votes. The ITU has 193 members.Candidates from Canada, Britain, Poland, Nigeria and Mauritania competed for the deputy secretary general seat, vacated after China's Zhao Houlin w
Oct. 24, 2014
-
LG to roll out round smartwatch in Europe next month
LG Electronics Inc., South Korea's No. 2 tech giant, said Friday it will kick off sales of its latest smartwatch in Europe next month, expanding market presence abroad following the product's Seoul debut earlier this month. The LG G Watch R will hit local shelves in Britain, France, Germany and other key European countries in early November, the company said.It will be available for purchase at the Google Play store in those countries, LG said, adding it plans to tap into North America, other As
Oct. 24, 2014
