[IFA 2015] Samsung set to boast tech prowess at IFA

BERLIN/SEOUL -- South Korean tech giant Samsung Electronics will showcase its state-of-the-art electronics products from wearables to TV at the IFA electronics trade show, set to kick off Friday in Germany.The tech firm said it would focus on introducing its electronic devices and home appliances that can be interconnected at this year’s trade show. Hong Won-pyo, the chief of Samsung’s global marketing division, speaks at a news conference on Thursday, a day ahead of the IFA trade show in Berlin

Sept. 3, 2015

[Photo News] Miele showcases new home appliances

MIELE SHOWCASES NEW HOME APPLIANCES -- German electronics-maker Miele cochief executive Markus Miele (right) and Reinhard Zinkann pose with the firm’s fridge, Blackboard Edition, on Thursday at its exhibition booth at the IFA electronics trade show, set to kick off Friday in Berlin. Users can jot notes on the fridge’s surface with marker pens. (Miele)

Sept. 3, 2015

LG’s clothing care system Styler to go global

Customers look at LG Electronics` clothing care system, LG Styler, in Guangzhou, China on Thursday. (LGE)LG Electronics’ clothing care system, LG Styler, is going global to repeat its success story on its home turf. The Korean tech giant said Wednesday it would start selling the product in key Chinese cities this week, while it would hit the U.S. market within the month. The Styler is a steam closet designed to refresh clothes without washing or ironing them. It doesn’t use chemical detergents,

Sept. 3, 2015

[Photo News] Gadget for good night's sleep

GADGET FOR GOOD NIGHT’S SLEEP -- Tech giant Samsung Electronics will unveil its sleep-tracking device, dubbed the “Sleep Sense,” at the IFA electronics trade show to be held from Sept. 4 to 9 in Berlin. The smart device gathers data of users’ sleep patterns and health conditions such as heart rate and respiratory rate. (Samsung) GADGET FOR GOOD NIGHT’S SLEEP -- Tech giant Samsung Electronics will unveil its sleep-tracking device, dubbed the “Sleep Sense,” at the IFA electronics trade show to be

Sept. 2, 2015

LG to boast OLED supremacy at IFA

　LG Electronics, a pioneer in the world‘s organic light-emitting diode TV market, will join hands with global broadcasting firms and media content providers to demonstrate high dynamic range technologies for OLED TVs.    The HDR improves the picture quality of TVs as it helps produce brighter, crisper and more detailed images.　Combined with LG’s OLED TVs, which deliver more vibrant colors than liquid crystal display TVs, the HDR technology will offer a great viewing experience for consumers, acc

Sept. 2, 2015

[Herald Interview] ‘Decisiveness key to keeping ahead of competition’

　Merck, the world’s leading chemical and electronics materials firm, has constantly explored untouched business areas for more than three centuries, including the firm’s three main business pillars -- performance materials, health care and life science -- and has been able to stay on top in each field.　Walter Galinat, president and CEO of the German company’s performance materials business, said placing an emphasis on making bold business decisions is a key to securing the lead in competition an

Sept. 2, 2015

KT to sponsor national soccer squad

South Korea’s leading telecom firm KT signed a memorandum of understanding with the Korea Football Association on Tuesday to sponsor the national soccer team until 2019.  (From left) Ky Seung-yong, the captain of the South Korean football team, KT vice president Oh Young-ho, head coach of the national soccer squad Uli Stielike, vice chairman of the KAF Kim Ho-gon, and forward Son Heung-min. (KT)At an MOU signing ceremony at Hwaseong Sports Complex in Hwaseong, Gyeonggi Province, KT and Korean so

Sept. 1, 2015

Daum Kakao to be renamed Kakao

Mobile messenger and Web-portal operator Daum Kakao said Tuesday that it has decided to change its name to Kakao in a bid to highlight its corporate identity as a leader in the mobile era.The company came to the limelight when it was established last October as the result of the merger between Web-portal Daum and mobile messenger firm Kakao.Some market analysts had previously predicted that the company would make efforts to beef up its mobile business platforms rather than the Web services.Daum

Sept. 1, 2015

SKT steps up efforts to gain ground in IoT sector

　South Korea’s No. 1 wireless carrier SK Telecom announced a partnership deal with Finland-headquartered network equipment-maker Nokia on Tuesday to work on developing Internet of Small Things technology, which connects small sensors and devices. 　The two counterparts will collaborate on developing network technology, such as machine type communication, which is required to support large-scale transmission of kilobytes of data, and applications leveraging the MTC technology, according to the Seo

Sept. 1, 2015

Samsung unveils smartwatch with rotating bezel

Samsung Electronics on Tuesday unveiled its new smartwatch with a rotating bezel -- the first of its kind within the industry -- before its official debut at the upcoming IFA electronics trade show in Berlin on Sept. 3. The Korean tech giant was the first to open up the global smartwatch market back in 2013. But during a yearlong hiatus, its archrival Apple has gobbled up the market over the past year.  In a renewed push for its smartwatches, Samsung has come up with the Gear S2, the company’s f

Sept. 1, 2015

Samsung unveils front-load washer with extra door

　Samsung Electronics on Monday released a new front-load washing machine with an extra door that allows users to put in additional laundry in the middle of a wash cycle.　The new model, dubbed the Bubble Shot Add Wash, comes as Samsung has been enjoying a sales momentum with its new top-load washer, the Active Wash, that is fitted with a built-in sink for soaking or prewashing.  Models pose with Samsung Electronics’ front-loading washing machine, called the Bubble Shot Add Wash, at the firm’s hea

Aug. 31, 2015

[Photo News] Olympus unveils new mirrorless camera

Aug. 31, 2015

Samsung to build smart factories

 Tech giant Samsung Electronics said Monday it would join forces with the Ministry of Trade, Industry, and Energy to make conventional factories run by small and mid-sized enterprises “smarter.”Signing a memorandum of understanding on the day, Samsung and the ministry agreed to make a joint investment of 30 billion won ($25 million) to refurbish the outdated factories. Samsung Electronic president Kim Jong-ho (left), Vice Industry Minister Lee Kwan-sup (center), and Park Jin-woo, the head of KOS

Aug. 31, 2015

[Newsmaker] Samsung C&T as new group holding company

The “new” Samsung C&T kicked off on Sept. 1 as the de facto holding company of Samsung Group, the nation’s largest conglomerate. The group’s construction, trading, fashion, food and bio businesses are now reorganized under the new umbrella company, while Samsung Electronics and Samsung Life Insurance are responsible for tech and finance pillars, respectively. Head office buildings of Samsung C&T (left) and Samsung Electronics (right)          YonhapThe merger between Samsung C&T and Cheil Indust

Aug. 31, 2015

Merck Korea chief highlights close ties with local partners

Michael Grund, the head of chemical firm Merck Korea, said that maintaining strong partnerships with Korean firms was key to running a successful business here. “We need reliable partners and we strongly believe in the power of partnership,” said the Merck Korea chief in a speech at the Half-Year Economy Outlook Conference 2015 hosted by the Korean-German Chamber of Commerce and Industry in Daegu on Thursday.The meeting, attended by top executives of German firms operating in Korea and German go

Aug. 28, 2015

CrucialTec supplies fingerprint modules for Huawei phone

Huawei’s Honor 7 smartphone featuring CrucialTec’s fingerprint module. (Huawei)South Korea’s biometric technology firm CrucialTec said Friday it has supplied its fingerprint modules for Chinese smartphone powerhouse Huawei’s Honor 7i.Unlike other fingerprint modules fitted in the home button of smartphones, the Korean firm’s products are installed on the left side of the Honor 7i, aimed at enhancing the user experience.“The side fingerprint scanner allow users to easily scan their fingerprint wh

Aug. 28, 2015

[Weekender] Fintech, smart payments pick up pace

Few may have anticipated the tremendous impacts of smartphones and mobile applications on conventional businesses from taxi operators to brick-and-mortar retailers when the market began adopting smartphones in earnest less than a decade ago.Now few can dismiss the striking tech development under which previously dominant business sectors, including financial services, are going through disruptive changes caused mainly by the versatile telecommunications devices.The mobile payment market, in part

Aug. 28, 2015

Oracle eyes Korea for HR software growth

U.S. software giant Oracle on Thursday pinned high hopes on Korea for the growth of its human capital management software Oracle HCM, which is widely being adopted by global companies. “Companies share similar human resources planning systems globally these days. But two countries -- Korea and Japan -- are still slow to adopt the standardized systems possibly due to their rigid corporate cultures,” said Pyun Chong-hwan, vice president of applications business at Oracle Korea during a media event

Aug. 27, 2015

KT, LG unveil world’s first desktop combined with IPTV

　Mobile carrier KT and tech giant LG Electronics together showcased the world’s first all-in-one desktop featuring internet protocol TV, or IPTV, technology in Seoul on Thursday. 　The all-in-one PC, sporting LG’s 27-inch in-plane switching full HD display, Intel’s quadcore processor and a 128GB solid-state drive, allows users to enjoy KT’s olleh IPTV services with 220 TV channels and 160,000 videos on demand. The desktop is running on Microsoft’s Windows 8.1 and the update for the latest Windows

Aug. 27, 2015