Most Popular
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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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Wealthy parents ditch Korean passports to get kids into international school
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Man convicted after binge eating to avoid military service
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First snow to fall in Seoul on Wednesday
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Final push to forge UN treaty on plastic pollution set to begin in Busan
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Job creation lowest on record among under-30s
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NK troops disguised as 'indigenous' people in Far East for combat against Ukraine: report
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Opposition leader awaits perjury trial ruling
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Samsung Electronics likely to suffer another earnings shock in Q3: brokerages
Samsung Electronics Co., the world's largest mobile phone manufacturer, is expected to suffer another earnings shock in the third quarter, mainly due to weak demand for its new products and stiff competition from rivals.Local brokerages initially forecast operating profits for the July-September period to be in the 6 trillion won (US$5.8 billion) range, but some like IBK Securities Co. marked down their assessment to around 5 trillion won with a corresponding dip in sales after the five-day Chus
Sept. 14, 2014
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Tobacco firms, health insurer go to court
Just a day after the government announced an 80 percent hike in cigarette prices, the first hearing for the state health insurer’s high-profile lawsuit against major tobacco firms was held on Friday.The National Health Insurance Service filed a lawsuit against three domestic and foreign tobacco makers ― KT&G, British American Tobacco and Philip Morris ― in April, seeking damages of 53.7 billion won ($52 million) for payouts over tobacco-related diseases. The ongoing legal case is the first lawsu
Sept. 12, 2014
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Serious respiratory illness hits dozen U.S. states
CHICAGO (AP) ― Hundreds of children in more than 10 U.S. states have been sickened by a severe respiratory illness that public health officials say may be caused by an uncommon virus similar to the germ that causes the common cold.Nearly 500 children have been treated at one hospital alone ― Children’s Mercy in Kansas City, Missouri ― and some required intensive care, according to authorities.The suspected germ, enterovirus 68, is an uncommon strain of a very common family of viruses that typica
Sept. 11, 2014
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Amyotrophic lateral sclerosis
Amyotrophic lateral sclerosis is also known as “Lou Gehrig’s disease,” named after the legendary New York Yankees first baseman who suffered and died from this disease. ALS causes the muscles to become rigid, atrophied and weak due to damage to motor neurons located in the brain and on the side of the spinal cord. Symptoms and progressEarly symptoms of ALS include a lack of strength in the limbs. The weakening of the fingers and ankles causes patients to drop light objects or fall down frequentl
Sept. 11, 2014
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LG Chem develops world’s first high-efficacy OLED light panels
LG Chem has developed the world’s first OLED light panel with high luminous efficacy and long-lasting performance that can compete with LED lights.The industrial materials giant said Thursday that its OLED light panel has an efficacy rate of 100 lumens per watt that can last about 40,000 hours. Existing OLED lights have 60 lm/w.Fluorescent lights typically have the same luminous efficacy as OLED lights, but only last about 20,000 hours, while 100 lm/w LED lights have a longer lumen output by abo
Sept. 11, 2014
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Intel eyes supply deal with Apple
Intel is again seeking to partner with Apple to supply its mobile communication chips for future iPhones.Most of Apple’s smartphones have used chips from Qualcomm.“Chances are high that global smartphone makers such as Apple and LG Electronics will use Intel’s baseband chips in their products down the road,” said Lee Hee-sung, the president of Intel Korea, at a press meeting on Thursday. Intel Korea president Lee Hee-sung introduces new chips for data servers at a press conference in Seoul on Th
Sept. 11, 2014
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[Newsmaker] Apple on new road with iPhone 6, smartwatch
SAN FRANCISCO ― Apple moved to recapture its role as a tech trend setter on Tuesday with its highly anticipated first smartwatch and two large-screen versions of the iPhone.With the debuts of Apple Watch and iPhone 6 models stretched to fit a hot “phablet” trend, the California company delivered what rumors had predicted leading up to the event.The Apple Watch, a sleek wrist device that links to the iPhone, “will redefine what people expect from this category,” chief executive Tim Cook said at a
Sept. 10, 2014
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LG Uplus to sell iPhones for first time
LG Uplus Corp., South Korea’s No. 3 mobile carrier, will sell Apple Inc.’s latest iPhones in South Korea along with its bigger rivals SK Telecom Co. and KT, industry sources said Wednesday, marking the first time for LG Uplus to distribute Apple products here. Apple on Wednesday released the 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus, which are 6.9 mm and 7.1 mm thick, respectively. While the devices are set to be available starting Sept. 19, the launch schedule for the South Korean market has
Sept. 10, 2014
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Samsung Electronics’ market cap falls below 200tr won
Samsung Electronics, South Korea’s leading tech giant, saw its market capitalization fall below the 200 trillion won ($195.1 billion) mark for the first time in two years, data showed Wednesday, as its mainstay mobile unit continued to suffer amid the rise of Chinese rivals. Samsung’s market cap came to 198.34 trillion won on Sept. 2, falling below the 200 trillion won mark for the first time since Sept. 7, 2012. While it managed to return to 200.5 trillion won on Thursday, it slipped back to 19
Sept. 10, 2014
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ITU preparation in full gear
With less than 40 days until the ITU Plenipotentiary Conference in Busan next month, South Korea’s preparatory committee under the Ministry of Science, ICT and Future Planning is making all-out efforts to promote the landmark meeting.Through social networks, online games, outdoor advertising banners and Web cartoons, it seeks to introduce the ITU and increase public participation.Korea’s ICT Ministry is partnering with other government agencies to run its public relations campaign with hopes of
Sept. 10, 2014
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Bungie’s ‘Destiny’ video game soars at launch
The hotly anticipated video game “Destiny” soared at its launch, setting a trajectory intended to eclipse the blockbuster hit its makers had with “Halo.” “Destiny,” from Bungie studio, was the most preordered new video game franchise in history, according to publisher Activision. “Destiny is the game we’ve always wanted to make,” Bungie president Harold Ryan said in a launch release.“We’ve dreamed of this universe for years, so we couldn’t be more thrilled to swing open the doors and let fans sh
Sept. 10, 2014
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Samsung Electronics's market cap falls below W200t
Samsung Electronics Co., South Korea's leading tech giant, saw its market capitalization fall below the 200 trillion won ($195.1 billion) mark for the first time in two years, data showed Wednesday, as its mainstay mobile unit continued to suffer amid the rise of Chinese rivals.Samsung's market cap came to 198.34 trillion won on Sept. 2, falling below the 200 trillion won mark for the first time since Sept. 7, 2012. While it managed to return to 200.5 trillion won on Thursday, it slipped back to
Sept. 10, 2014
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LG Uplus to sell iPhones for first time
LG Uplus Corp., South Korea's No. 3 mobile carrier, will sell Apple Inc.'s latest iPhones in South Korea along with its bigger rivals SK Telecom Co. and KT Corp., industry sources said Wednesday, marking the first time for LG Uplus to distribute Apple products here.Apple on Wednesday released the 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus, which are 6.9 mm and 7.1 mm thin, respectively.While the devices are set to be available starting Sept. 19, the launch schedule for the South Korean market
Sept. 10, 2014
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Apple to reveal its next big thing
SAN FRANCISCO (AP) -- Apple is poised to reveal its next big thing Tuesday in a crucial attempt to prove its technological tastemakers still have the power to mesmerize the masses.The trend-setting company is expected to rouse the still-slumbering market for wearable computers with a smartwatch or bracelet equipped to monitor health, help manage homes and even buy merchandise.Apple is a late arrival to this relatively new niche: several other companies already sell smartwatches that are being gr
Sept. 9, 2014
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Apple’s CEO shakes doubters as stock surge greets iPhones
Apple Inc.’s prospects seem a lot brighter than they were the last time Tim Cook introduced an iPhone. When Chief Executive Officer Cook unveiled two new smartphone models 12 months ago, Apple’s stock was slumping and the company was losing market share to Samsung Electronics Co. and low-cost manufacturers such as Xiaomi Corp. Questions abounded about whether Apple could keep innovating without co-founder Steve Jobs. Fast forward to a year later and the company’s stock is flirting with a record
Sept. 9, 2014
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Microsoft revamps MSN to flow across devices
NEW YORK (AP) – Microsoft is giving its MSN news service a crisper look, new lifestyle tools and seamless syncing across devices.The company says the revamped site fits in with Microsoft's overall strategy of making mobile phones and Internet-based services priorities as its traditional businesses – Windows and Office software installed on desktops – slow down or decline. The changes also come as people increasingly read news on smartphones and tablets rather than desktop computers.Rather than b
Sept. 8, 2014
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Samsung, LG broaden global partnership
LG Electronics’ organic light-emitting diode TVSouth Korean tech giants Samsung Electronics and LG Electronics have been beefing up partnerships with global firms in their efforts to pursue convergence and innovation.Such collaboration efforts can be seen at the 2014 IFA, the world’s largest consumer electronics fair, which kicked off in Berlin Friday. The two tech firms are showcasing high-tech gadgets that they have codeveloped with their global partners. Samsung worked hand in hand with Oculu
Sept. 5, 2014
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[Newsmaker] Galaxy Note 4 gets mixed response
The Galaxy Note 4, Samsung Electronics’ all-new smartphone-tablet hybrid unveiled at the 2014 IFA in Berlin, has better display with a faster processing speed than its predecessor.It is thin and light. It has an S-pen. What else?The phablet looks much like the Note 3, except that it has a metal frame without the stitches on the back cover. The Note 3’s stitch design received poor reviews last year when it hit the market.The Note 4 seemingly turned out to be much ado about nothing.Lee Don-joo, Sa
Sept. 4, 2014
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Former LG executive named Chang Sung CEO
Huh Young-hoHuh Young-ho, a former LG executive, has been named chief executive of Chang Sung, a metal materials manufacturer for the chip, shipbuilding and automotive industries, LG Innotek said Thursday.Huh had been with LG since 1977, beginning his career at LG Electronics, where he worked for 20 years in the company’s television manufacturing unit. He then became the CEO of LG Innotek in 2002, and spurred the development of indigenous IT materials of displays and optics.Huh’s major contribut
Sept. 4, 2014
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LG executive questioned after damaging Samsung products
An executive of LG Electronics Inc. was questioned by police in Germany for allegedly damaging products of rival Samsung Electronics Co. on purpose at a Berlin mall, corporate sources said Thursday.The executive, whose name was withheld, was reported to the local police by shop clerks at the SATURN Berlin Europa-Center after being spotted breaking the doors of four Samsung Crystal Blue washing machines. The police questioned him and other LG staff members at their hotel but closed the case afte
Sept. 4, 2014