[Photo News] Samsung supports engineers

SAMSUNG SUPPORTS ENGINEERS -- Tech giant Samsung Electronics serves as a major sponsor for the 43rd WorldSkills Competition, which is held from Tuesday through Sunday in Sao Paulo, Brazil. The biannual event is aimed at recognizing skilled technicians and engineers around the world. (Samsung) SAMSUNG SUPPORTS ENGINEERS -- Tech giant Samsung Electronics serves as a major sponsor for the 43rd WorldSkills Competition, which is held from Tuesday through Sunday in Sao Paulo, Brazil. The biannual even

Aug. 13, 2015

[Photo News] U.S. big data firm names new exec

U.S. BIG DATA FIRM NAMES NEW EXEC -- U.S. cloud-based big data solution developer Treasure Data said Thursday that it has named Stephen Lee, a Korean-American who used to work for Samsung Electronics and Microsoft, as a vice president of the firm’s business development division. (Treasure Data)

Aug. 13, 2015

SAP Korea showcases IT solutions for health care, sports

　Leading IT solutions developer SAP Korea said Thursday it would step up efforts to develop systems that can bring positive changes to sports and health care industries.　Holding the “Hyper Connected Healthcare Conference in Seoul,” the company offered visions to deploy big data and cloud technologies in the two sectors.　“The advancement in Internet of Things technologies has brought innovations in multiple industries and fields,” said Hyoung Won-joon, managing director of the Korean office of SA

Aug. 13, 2015

[Start-up Seoul] Between chooses traction over profit

With KakaoTalk dominating Korea’s mobile messenger market, Between has been cementing its foothold in the couples messenger niche. Now with half its users coming from abroad, the mobile app is braving ground in Southeast Asia.“We’re trying to expand our product to the global market,” Jake Park, CEO of the app’s developer VCNC, told The Korea Herald in an interview Friday. “Very fortunately we are not directly competing with big messaging apps … so we can get into the niche market (and) bring a v

Aug. 12, 2015

OLED TV meets art

Aug. 12, 2015

[Herald Interview] +822 Summit to bridge Seoul, world

    A number of trade shows, festivals, and conferences are held every year in a wide range of business sectors in South Korea. However, not a single event brings music, film and tech industries all together under one roof. That is going to change soon.　The +822 Summit conference -- to be held from Oct. 28 to 30 at Dongdaemun Design Plaza, an exhibition and cultural center in Seoul -- will serve not only as a cross-industry networking platform, but also as a bridge that links global investors an

Aug. 12, 2015

Ericsson to beef up ties with Korean telecom firms

From electronics makers to automotive manufacturers, businesses from more diverse backgrounds are jumping in the Internet of Things sector utilizing the fast network infrastructure. Hans Vestberg, president and chief executive of ICT infrastructure developer Ericsson, said that such increasing participation of different market players would create a bigger “opportunity” down the road. Ericsson CEO Hans Vestberg (right) and Arun Bansal, head of the Swedish firm’s business unit radio division atte

Aug. 12, 2015

Pocket Mobile wins Red Dot design award

Payment system developer Pocket Mobile has won an award at this year’s Red Dot Award for its mobile ordering system Pocket Order.The Red Dot Award is one of the world’s most influential design product competitions, along with the iF Design Award and the IDEA awards. Mobile ordering solution Pocket Order. 　(Pocket Mobile)The start-up won a prize in the Communication Design segment, which recognizes innovative product designs and concepts in a wide range of fields including game design, online com

Aug. 12, 2015

[Newsmaker] Daum Kakao bets on mobile biz with young CEO

Daum Kakao, the Korean Internet giant, is betting big on a new CEO who may be less experienced but full of enterprise for its next big leap in the burgeoning mobile era. The company said Monday it has named 35-year-old Rim Ji-hoon, founder of venture capital firm K Cube Ventures, to replace the current co-CEOs Choi Sae-hoon, 48, and Lee Sir-goo, 49. Daum Kakao’s new CEO nominee Rim Ji-hoonAlthough the average age of the employees at Daum Kakao is 34, a 30-something CEO is quite rare even within

Aug. 11, 2015

[Photo News] New kimchi fridge

NEW KIMCHI FRIDGE -- South Korea’s electronics maker Dongbu Daewoo Electronics rolls out the new Klasse kimchi refrigerator lineup, fitted with advanced technology that enriches the taste of the food and optimizes storage conditions. (Dongbu Daewoo) NEW KIMCHI FRIDGE -- South Korea’s electronics maker Dongbu Daewoo Electronics rolls out the new Klasse kimchi refrigerator lineup, fitted with advanced technology that enriches the taste of the food and optimizes storage conditions. (Dongbu Daewoo)

Aug. 11, 2015

Samsung aims to stay on top of memory chip market

Tech giant Samsung Electronics said Tuesday it has successfully mass-produced a 256Gb vertical NAND flash memory for the first time in the world.The new vertical NAND, or V-NAND, flash chip stacks 48 layers of memory cells and is used for solid state drives, an advanced storage system for laptops and data servers. Samsung Electronics` 48-layer 256Gb vertical NAND flash memory. (Samsung)“With the introduction of our third generation V-NAND flash memory to the global market, we can now provide the

Aug. 11, 2015

Korea’s slipshod response to demise of Active X raises concerns

Microsoft’s new Windows 10 operating system and the Edge Web browser will be unable to fully access many local financial institutions and government organizations’ websites due to Korea’s persistence in using ActiveX software. Having found to have security gaps, ActiveX has long been phased out overseas, and even its developer Microsoft has dropped support for it in its latest browser. However, ActiveX remains a requirement for accessing the websites and services of many financial institutions a

Aug. 10, 2015

Can Korea compete in crowdfunding?

Korea’s start-up community breathed a collective sigh of relief last month when the government approved the long-awaited crowdfunding act, two years after it was first proposed in June 2013.Aimed at opening funding channels for start-ups, the Financial Investment Services and Capital Markets Act paves the way for equity-based crowdfunding ― a type of fund-raising method that lets individuals invest up to 2 million won ($1,700) in a single start-up, and 5 million won collectively over the year, t

Aug. 10, 2015

[Photo News] KT wins design awards

KT WINS DESIGN AWARDS -- South Korea’s leading mobile carrier KT said Monday that it has won two top awards for its phonebrella, an umbrella fitted with a smartphone holder on its handle at this year’s Red Dot Award, one of the world’s most prestigious product design competitions.　(KT) KT WINS DESIGN AWARDS -- South Korea’s leading mobile carrier KT said Monday that it has won two top awards for its phonebrella, an umbrella fitted with a smartphone holder on its handle at this year’s Red Dot Awa

Aug. 10, 2015

Online payment Syrup Pay sees growth

IT solutions developer SK Planet’s online payment service Syrup Pay is gaining traction as it saw transactions executed through the system increase fourfold since its launch in April.The total amount of transactions processed on Syrup Pay crossed the 60 billion won ($51.4 million) mark this month, up from 5 billion won recorded during the first month of its operations, according to SK Planet on Monday. IT solutions developer SK Planet said Monday that transactions processed on online payment sys

Aug. 10, 2015

Daum Kakao names new chief

South Korea’s largest mobile messenger operator Daum Kakao said Monday it has named a new chief executive in order to swiftly respond to the fast changing mobile business environment.  Rim Ji-hoon, new CEO of Daum Kakao. (Daum Kakao)Rim Ji-hoon, former head of investment firm K Cube Ventures, will head the mobile messenger and Web-portal firm. Daum Kakao previously had Choi Se-hoon and Lee Sir-goo as co-CEOs after the merger between Web-portal Daum and mobile messenger firm Kakao last year. “Whi

Aug. 10, 2015

LG Uplus invests in U.S. robot-maker

South Korea’s leading mobile carrier LG Uplus said Thursday that it had invested $2 million in U.S. information technology venture JIBO Inc., a developer of the world’s first social robot for home, dubbed Jibo.　Founded in January this year, the U.S. venture firm has run a series of campaigns to raise funds including the one that landed around $25.3 million in January to accelerate the mass production of the social robot.　The stationary robot equipped with two high-resolution cameras and a 360-de

Aug. 6, 2015

LG joins Google for new Nexus

Tech giants LG Electronics and Google are currently working together to roll out the U.S. Internet giant’s marquee smartphone, Nexus, in October this year, according to sources Thursday. 　Google has collaborated with global smartphone manufacturers, such as Samsung Electronics and HTC, to develop its flagship Nexus phone every year, which provides reference for manufacturers and developers of Android-powered devices.　The upcoming NEXUS phone, likely to be fitted with a 5.2-inch (13-centimeter) d

Aug. 6, 2015

KT commemorates Korea's independence Day

COMMEMORATION OF LIBERATION -- Students from the Sejong Academy of Science and Arts release helium balloons fitted with cameras to take aerial photos of the easternmost islets of Dokdo in an event held by mobile carrier KT on Thursday. The event was organized to mark the 70th anniversary of Korea’s independence from Japan’s colonial rule, which falls on Aug. 15. (KT)　

Aug. 6, 2015