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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First snow to fall in Seoul on Wednesday
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Man convicted after binge eating to avoid military service
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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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S. Korea not to attend Sado mine memorial: foreign ministry
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
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Job creation lowest on record among under-30s
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EU accepts Visa concessions, ends antitrust probe
The European Union's antitrust authority is closing an investigation against Visa Europe after accepting the firm's offer to lower some card fees.The EU Commission said Wednesday its concerns are sufficiently addressed by Visa's concession to cut inter-bank fees for credit card payments to 0.3 percent of a transaction's value -- a reduction of about 40 to 60 percent.The Commission, which acts as the 27-nation bloc's antitrust watchdog, says the company has also offered to reform its rules to fac
Feb. 26, 2014
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Olympus provides musical healing in Seoul
On Feb. 25, patients and their families were filling up seats and waiting in the main lobby of Konkuk University Medical Center in Seoul.Those who could not find a chair either had to stand at the back or find a spot on the second floor.They were not there waiting to be treated at the hospital, but to take in a classical music performance by a special ensemble organized by Olympus Korea, the Korean company of the global camera and medical device maker.Classical music has been known to be highly
Feb. 26, 2014
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Samsung chief's brother not to appeal for inheritance
The elder brother of Samsung Electronics Co. Chairman Lee Kun-hee will not appeal an appellate court decision that rejected his demand for a 940 billion won ($850 million) share of his sibling's inherited wealth, the brother's lawyers said Wednesday.Upholding a lower court's decision, the Seoul High Court earlier this month ruled against the chairman's eldest brother, Lee Maeng-hee, and allowed the chairman to keep his holdings in Samsung Group's key subsidiaries."(Lee Maeng-hee) decided to give
Feb. 26, 2014
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8 detoxifying plants you should have at home
Many people are eager to try detox diets, or cleansings, but few experience the sort of results achieved by celebrities.(Dreamstime)Without regular and exact administration of a detox program, it can be difficult to achieve improvements in physical well-being.If you wish to detox your body but don’t have enough time or energy for the long journey of detoxification, it’s possible to start by placing a detoxifying houseplants in your home. Here are eight plants that can help you detox, as suggeste
Feb. 26, 2014
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Hyundai, Kia brand rankings slip in 2014: Consumer Reports
The brand rankings of South Korea's Hyundai Motor Co. and its sister Kia Motors Corp. slipped compared with the year before in the latest automakers assessment released by Consumer Reports magazine on Tuesday.The U.S. magazine said Hyundai, which received 60 points, placed 16th among the 23 high-volume car brands appraised. Kia came in at 15th by earning 61 points in the latest Car Brand Report Cards.The numbers reflect a drop for both South Korean carmakers, which finished 14th and 11th, respec
Feb. 26, 2014
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Samsung UHD TVs catching up on Sony
South Korea's Samsung Electronics Co. is quickly catching up on Sony Corp. in the Ultra HD TV sector, expanding its foothold in one of the Japanese firm's most successful business areas, data showed Wednesday.The world's No. 1 maker of TVs held 14.9 percent of the global UHD TV market in the fourth quarter of 2013, narrowing its gap with Sony which commanded 18.2 percent, according to market researcher DisplaySearch.Following the rise of South Korean and Chinese tech giants, the once unchallenge
Feb. 26, 2014
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[Newsmaker] Stunning growth of messaging apps
NEW YORK (AFP) ― The astonishingly high price paid for the messaging service WhatsApp underscores how mobile apps are transforming the way we communicate, shaking up the global telecom sector.Facebook’s deal to pay up to $19 billion for WhatsApp comes on the heels of a $900 million purchase of another messaging service, Viber, by Japanese Internet giant Rakuten.And the California-based messaging firm Snapchat, known for its disappearing messages, reportedly turned down a $3 billion offer from Fa
Feb. 25, 2014
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KT, China Mobile unveil world’s first LTE roaming
Korean consumers will be able to enjoy faster communication services abroad, not only in Japan but also in China as KT Corp., one of the country’s leading mobile carriers, has launched Long Term Evolution cross-border roaming services in joint efforts with China Mobile.KT said Thursday that the company and China Mobile, China’s biggest mobile operator, have jointly commercialized their data roaming services by integrating their LTE networks ― the first time two countries have done so.KT, which u
Feb. 25, 2014
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LG Innotek eyes camera module market for cars
LG Innotek, the world’s largest smartphone camera module maker, said Tuesday that it is aiming to take the lead in the global automotive camera module market by beefing up its workforce and expanding product lineups. “For the last three years LG Innotek paved the way to get a foothold in the market for automotive camera modules, and we successfully rolled out front-view camera modules,” said the company in a press release. “We believe it is now time to make a full foray into the global market.”T
Feb. 25, 2014
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Samsung shows off Galaxy S5 at MWC
Samsung Electronics Co. unveiled a Galaxy S5 smartphone with a fingerprint reader and bigger screen than the current model as Asia’s biggest technology company tries to keep high-end consumers from buying Apple Inc.’s iPhones.The water-resistant phone will go on sale April 11 with features including a longer-lasting battery than the S4, according to Min Cho, marketing director at Samsung’s mobile unit. The device, shown at the Mobile World Congress in Barcelona, uses Google Inc.’s Android softwa
Feb. 25, 2014
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When stars explode, it’s a messy business
WASHINGTON (AFP) ― When stars explode, it’s a messy business. But the massive blasts are also useful, seeding the universe with such key elements as calcium, iron and titanium.And with the help of a new high-energy X-ray telescope, NASA said astronomers are closer than ever to seeing just what’s going on.“This is helping us untangle the mystery surrounding how stars explode,” said Fiona Harrison, principal investigator on NuSTAR, or the Nuclear Spectroscopic Telescope Array.Combined with images
Feb. 25, 2014
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9 habits of mentally strong people
Some people are able to overcome obstacles, while others crumble at life’s daily challenges and frustrations. It all depends on mental strength.“In a world that we don’t control, tolerance is obviously an asset,” Ryan Holiday, author of the forthcoming book “The Obstacle Is the Way,” was quoted as saying. It is a simple truth that the ability to cope with difficult emotions and situations is a significant predictor of our success and happiness, the U.S. news website Huffington Post stated. To be
Feb. 25, 2014
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Pantech to file for debt workout program
Pantech Co., South Korea's No. 3 handset maker, is expected to file for a debt workout program later in the day to get back on its feet again amid a cash crunch, industry sources said.The filing came some two years after Pantech was released in December 2011 from its five-year debt workout program.Pantech trails after Samsung Electronics Co. and LG Electronics Inc. It once overtook LG Electronics in 2010 to become the country's No. 2 smartphone maker, thanks to strong sales of its Vega smartphon
Feb. 25, 2014
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Samsung reveals Galaxy S5 at MWC
Samsung Electronics Co., the world's top maker of smartphones, on Monday revealed its latest Galaxy model, which focuses more on users than features.The Galaxy S5, introduced at the Mobile World Congress in Barcelona, Spain, comes with a 5.1-inch display, wider than the 4.99 inches of its predecessor, the Galaxy S4, launched in April. The device is also equipped with a 16-megapixel camera."We only succeed when customers choose us," said Shin Jong-kyun, who heads Samsung's mobile business. He sai
Feb. 25, 2014
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KakaoTalk CEO talks of innovation
The following is the keynote speech from Lee Sir-goo, CEO of KakaoTalk, at the Mobile World Congress. -Ed.My name is Sirgoo Lee, and it is a great honor to be presenting to such a distinguished audience today. I would like to especially thank the GSMA, and especially Director General Anne Bouverot, for inviting me to speak at this prestigious event.The theme of this panel is ‘Mobile Disrupted.” As such, I would like to talk about disruption and also innovation in the mobile industry today, seen
Feb. 24, 2014
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Samsung chief shows confidence in wearable market
Shin Jong-Kyun, CEO and president of Samsung Electronics’ IT and mobile division, said in Barcelona Sunday (local time) that Samsung would lead the era of wearables, which he expects to catch on this year.“Samsung Electronics, which has reigned in both the smartphone and wearables markets so far by releasing a series of first-of-their-kind products, will try to clinch the leading position in the markets this year,” said the CEO at a press conference held ahead of the Mobile World Congress, the w
Feb. 24, 2014
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Apple, Samsung again fail to settle patent case before trial
Apple Inc. and Samsung Electronics Co. told a judge they again failed to settle their dispute over smartphone technology, with their next trial in federal court in California set to begin March 31.Apple CEO Tim Cook, Samsung mobile chief Shin Jong-kyun and other executives from both companies attended a full-day session with a mediator in the first week of February, and representatives from both sides had several follow-up phone calls with the mediator, according to a joint status report filed l
Feb. 24, 2014
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Smartphones go smarter, simpler at trade show
The Mobile World Congress 2014 kicked off Monday in Barcelona, where global tech giants are set to roll out their latest smartphones along with more affordable sister products.Hosted by the Global System for Mobile Communications Association, around 1,700 firms, the largest ever number of participants, from 220 countries are expected at this year’s MWC running through Thursday under the theme “Creating What’s Next.”Global tech players, including South Korea’s Samsung Electronics Co. and LG Elect
Feb. 24, 2014
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Dutch scientists flap to the future with ‘insect’ drone
Dutch scientists have developed the world’s smallest autonomous flapping drone, a dragonfly-like beast with 3-D vision that could revolutionize our experience of everything from pop concerts to farming.“This is the DelFly Explorer, the world’s smallest drone with flapping wings that’s able to fly around by itself and avoid obstacles,” its proud developer Guido de Croon of the Delft Technical University told AFP.Weighing just 20 grams, around the same as four sheets of printer paper, the robot dr
Feb. 24, 2014
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Couple’s app helped 10,000 women get pregnant
Kindara, an iPhone app created by a husband and wife team in Boulder, Colorado, promises to helps women get pregnant faster, business and technology news website Business Insider reported. In the last year alone, the app has helped 10,000 women conceive, co-founder William Sacks told Business Insider. Among users, nearly 500 pregnancies are reported per week, he added.Women input intimate details about their bodies and the app tells them if they are ovulating.Sacks and his wife, Katherine Bickne
Feb. 24, 2014