[Photo News] LG's new 3G cellphone

LG Electronics‘ Wine 3G cellphone began sales in South Korea on Sunday via local carrier KT. LG’s new budget handset is designed for senior consumers who prefer cheap cellphones offering the most basic functions over high-end smartphones with complex features. The LG Wine 3G is priced at 143,000 won ($125), including tax, and is available in two colors -- brown and red. (KT)

Oct. 30, 2016

LG Electronics launches V20 in US, Canada

LG Electronics said Sunday that it has begun selling its latest premium smartphone V20 in the US and Canada, with the aim of appealing to audiophiles, camera enthusiasts and content creators.LG is hoping to win over customers who are looking to purchase a large-size premium smartphone, including those seeking alternatives to the Samsung Galaxy Note 7 which was recently pulled from the market due to battery safety issues. A reporter looks at LG Electronics’ V20 smartphone during a media event hel

Oct. 30, 2016

[Photo News] KT launches LG Wine 3G cell phone

LG’S NEW 3G CELL PHONE — LG Electronics began selling its Wine 3G cell phone in South Korea on Sunday via local carrier KT. LG’s new budget handset is designed for senior consumers who prefer cheap cell phones offering the most basic functions over high-end smartphones with complex features. The LG Wine 3G is priced at 143,000 won ($125) including taxes and is available in two colors — brown and red. (KT)

Oct. 30, 2016

British society chief stresses basic science

 Venkatraman Ramakrishnan, president of the Royal Society of London for Improving Natural Knowledge, more commonly known as the Royal Society, has stressed the importance of basic science, saying that investment in the field should be spearheaded by scientists. "Reason to invest in science is that it is part of every culture of humans and so it is about how the world works, what we are and what the universe is like. These are increasingly important questions," the British structural biologist to

Oct. 30, 2016

Samsung named most preferred brand in Russia for 6 straight years

South Korean tech giant Samsung Electronics Co. was chosen as the most-loved brand in Russia for the sixth year in a row, a survey showed Sunday.In the survey by Russia-based Online Market Intelligence, Samsung Electronics garnered 17 percent of support from 1,500 respondents living in Russian cities with over 1 million people.Germany sportswear company Adidas followed with 10.5 percent, and Japanese electronics company Sony came next with 10 percent, according to the survey results posted on OM

Oct. 30, 2016

Miele denies LG’s patent infringement claim

German home appliances maker Miele denied on Friday claims by LG Electronics that it had infringed on washing machine-related patents. “LG Electronics claimed that Miele used its patent technologies, but we delivered a strong message to LG that we did not use a third party’s patents without permission,” said a Miele Korea spokesperson. “Miele currently holds patents related to steam washing machine technologies and some are under the patent application process,” he said, adding that it is a rout

Oct. 28, 2016

Samsung’s Note 7 fallout overshadows Lee Jae-yong’s debut

The appointment of Samsung Electronics’ Vice Chairman Lee Jae-yong as a member of the board of directors was overshadowed by concerns over the Note 7 fallout at a shareholders meeting Thursday.In the morning, shareholders appointed the grandson of the Samsung founder to its board of directors, paving the way for Lee to step up as an official leader of South Korea’s largest conglomerate. Lee did not attend the meeting.(Yonhap)The unanimous vote, however, was soon followed by questions from shareh

Oct. 27, 2016

[ADVERTISING AWARDS] SKT believes connectivity creates synergy, solutions

By Yoon Yong-chul Senior vice president of public relations office at SKTThe Internet of Things connecting people to devices and devices to devices is no longer a future technology.It is becoming a part of our life, and SK Telecom believes the change has altered the fundamental nature of our society. Yoon Yong-chulTwo sides -- whether they are people or devices -- are now connecting through the Internet of Things in ways we could not imagine in the past. Connecting the two creates synergies and

Oct. 27, 2016

NCSOFT unveils new mobile game ‘Lineage Red Knights'

South Korean game developer NCSOFT unveiled its new mobile game “Lineage Red Knights” in Seoul on Thursday, announcing plans to officially launch the game in 12 countries on Dec. 8.　The mobile game is based on “Lineage,” a pioneering multiplayer online role-playing game introduced in 1998 that rocketed NCSOFT to become one of Korea’s biggest game developers.NCSOFT plans to launch its new mobile RPG in 12 countries, including Korea, Taiwan and parts of Southeast Asia, on Dec. 8, with plans to int

Oct. 27, 2016

Naver’s Q3 revenue breaks W1tr mark

South Korean internet giant Naver on Thursday reported that its third-quarter revenue surged 20.5 percent on-year to reach 1.01 trillion won ($890 million), led by growing sales from its overseas and mobile businesses. 　It is the first time ever that Naver’s quarterly earning has surpassed 1 trillion won, the company said in a regulatory filing. In the July-September period, Naver’s operating profit surged 27.6 percent from a year earlier to 282.3 billion won. Its consolidated net profit came in

Oct. 27, 2016

Changes loom as Samsung’s crown-prince takes center stage

Lee Jae-yong, vice chairman of Samsung Electronics, is set to join the boardroom responsible for the management of the South Korean tech giant after a shareholders’ vote Thursday morning. Shareholders attending the meeting scheduled to be held at 10 a.m. in Seoul will be asked to vote on appointing Lee, the only son of Samsung chairman Lee Kun-hee, by a show of hands. The bill is expected to be passed smoothly, as the majority of investors in and out of the country have already expressed their a

Oct. 26, 2016

Samsung Display betting on VR, AR panels

Samsung Display is betting on panels for virtual reality and augmented reality to further expand its presence in the mobile OLED market, its top engineer said at a display seminar on Wednesday. “We are expecting the mobile OLED market to grow thanks to the advent of new applications such as virtual reality and augmented reality,” Park Won-sang, Samsung Display’s principal engineer, said at the International Meeting on Information Display held in Seoul. He said the shipment of virtual reality dev

Oct. 26, 2016

[News Focus] Samsung’s future businesses to test Lee Jae-yong’s leadership

As Samsung Electronics Vice Chairman Lee Jae-yong becomes a board member, taking greater control of the South Korean tech giant, he shoulders a daunting task -- ensuring the future sustainability of Samsung Group.　The world’s biggest maker of smartphones and chips is seeking leadership in new, promising industries that could supplement -- or even replace -- its flagship electronics business which is facing tough market competition and stagnant growth.　Continuing along the path laid out by his ai

Oct. 26, 2016

Samsung Pay to expand global footprint

Samsung Electronics Co. said Wednesday it will launch its mobile payment service, Samsung Pay, in Russia, Thailand and Malaysia later this year, bringing the service to a total of 10 countries. The South Korean tech giant said it will form a partnership with Mastercard to offer a simplified online payment and express checkout solution through its digital payment service Masterpass, starting early next year.Samsung announced the plan at Money 20/20, a major fintech conference, held in Las Vegas.

Oct. 26, 2016

Korea, France to join forces for self-driving technology

South Korea and France will invest a combined 3 billion won ($2.65 million) in the coming three years to develop self-driving technology, the trade minister here said Wednesday.In a Seoul forum, the two sides agreed on the project to jointly study traffic jam assistant technology, which helps a car drive itself in traffic-jam conditions, according to the Ministry of Trade, Industry and Energy.Each country will fund 500 million won every year over the next three years, it added.Leading auto compa

Oct. 26, 2016

IoT, smart EVs highlight trade show

Leading technology companies gathered for South Korea's major electronics show on Wednesday to showcase their smart gadgets, consumer electronics, mobile applications and smart electric vehicles.Hosted by the Ministry of Trade, Industry and Energy, the 47th Korea Electronics Show 2016 kicked off at COEX in southern Seoul to run until Saturday, presenting 1,500 booths for 500 companies at home and abroad.  Visitors play games at a gaming zone at Korea Electronics Show 2016 held at COEX in Seoul o

Oct. 26, 2016