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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Industry experts predicts tough choices as NewJeans' ultimatum nears
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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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S. Korea's ICT exports shrink in March
South Korea's exports of information and communication technology products dropped slightly in March from a year earlier due partly to a plunge in shipments of key products, including smartphones, the government said Thursday. Outbound shipments of ICT products came to $14.46 billion last month, down 3.4 percent from the same month last year, according to the Ministry of Trade, Industry and Energy. Imports, on the other hand, gained 2.1 percent on-year to $7.61 billion. The country's trade sur
April 9, 2015
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S. Korea's share in DRAM market hits all-time high in 2014
South Korea's presence in the global market for dynamic random access memory hit a record high last year, data showed Thursday, as Samsung Electronics Co. continued to secure its seat on the throne on the back of its latest 20-nanometer products. Asia's fourth-largest economy took up 67.7 percent of the DRAM market, breaking its previous record of 65.5 percent posted in 2012, the data compiled by market tracker IHS showed. Samsung Electronics took up 40.4 percent of the global DRAM market in
April 9, 2015
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Samsung, LG in smartphone duel
Korean tech behemoths Samsung Electronics and LG Electronics are gearing up for another battle as they prepare to launch their new flagship smartphones this month. Samsung, which has been competing with California-based Apple for leadership in the world’s smartphone market, will launch its new marquee models, the Galaxy S6 and S5 Edge, on Friday in Seoul. Mobile business chief Shin Jong-kyun will deliver a keynote speech at a media session Thursday ― his first appearance at a Seoul event since t
April 8, 2015
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Samsung beats Apple in brand loyalty: poll
South Korean tech giant Samsung Electronics Co. has beaten its archrival U.S. Apple Inc. in customer loyalty, an online poll showed Wednesday. Samsung ranked first with 35 points, outpacing Apple's 7, according to an online poll by U.S. corporate research site SurveyMonkey, based on the responses from 5,000 consumers in the fourth quarter of 2014. The poll, however, did not disclose the exact number of companies researched for the survey. The loyalty mark gained by Samsung stood far above
April 8, 2015
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Samsung sees signs of recovery after profit slump
Samsung Electronics on Tuesday estimated its first-quarter operating profit at 5.9 trillion won ($5.44 billion), easily beating analysts’ estimates. The operating profit was up 11.53 percent from the 5.29 trillion won in October-December 2014, but still down 30.51 percent from the 8.49 trillion won a year earlier, the company said in a regulatory filing. Still, the estimate hovered far above the 5.47 trillion won forecast by local brokerage houses, showing a positive sign that the Korean tech gi
April 7, 2015
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KCC chairman blasts SKT for illegal marketing
Choi Sung-joon, chairman of state Internet and telecommunications regulator Korea Communications Commission, said Tuesday the KCC would implement strict restrictions on illegal activity in the local telco industry in the future.“(SK Telecom) continued utilizing illegal marketing tactics in very organized ways with computer programs to delete the data (of illegal businesses) aimed at intentionally hampering investigations of the KCC,” said Choi at a meeting with reporters to celebrate the first a
April 7, 2015
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LG showcases high-end camera for next flagship smartphone
South Korea's No. 2 tech giant LG Electronics Inc. said Tuesday its upcoming flagship smartphone, the G4, will have a high-powered camera that enables users to take clear and vivid photos in dark conditions. The company, which earlier said the new smartphone will be showcased on April 29 in six major cities around the globe, revealed a teaser and invitation that showed "F1.8" written around a camera covered with a leather case. The invitation was an upgrade from the previous version, which onl
April 7, 2015
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Samsung puts Q1 operating profit at 5.9tr won
South Korean tech giant Samsung Electronics Co. estimated Tuesday its first-quarter operating profit at 5.9 trillion won (US$5.44 billion), which hoavered above a market consensus.The preliminary estimate represents a 30.51 percent fall from the operating profit of 8.49 trillion won a year earlier, the company said in a regulatory filing. The figure, however, marks a 11.53 percent increase from the operating profit of 5.29 trillion won posted over the October-December period of 2014.The estimate
April 7, 2015
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New LG G4 smartphone ‘easiest-to-use’
South Korean handset maker LG Electronics unveiled Monday new user-experience software, LG UX 4.0, which will be featured on the firm’s upcoming flagship G4 smartphone. The Korean tech giant said the LG UX 4.0, which is “simple and smart,” would meet the needs of a wide spectrum of mobile phone users.“The LG UX 4.0, which has become simpler and smarter than its predecessor, will allow smartphone users to make the most of their devices with ease, also catering to the tastes of tech-savvy users,”
April 6, 2015
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Samsung defends bending Galaxy S6 Edge
Samsung Electronics on Monday defended its new Galaxy S6 Edge smartphone from accusations that it could bend under pressure, saying warping is extremely rare through normal use. Ahead of the phone’s official launch Friday this week, SquareTrade, a mobile insurance company, released a video showing the Edge phone bending to make it permanently deformed when pressure is applied.The 50 kilogram pressure SquareTrade applied is the same used by the company to bend and deform the iPhone 6 Plus last ye
April 6, 2015
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SK Planet rolls out new online payment tool
SK Planet Co., South Korea's leading e-commerce and online platform operator, unveiled its first instant online payment tool on Monday that works without additional security programs like ActiveX, joining the industrial move to scrap the obsolete software. Its Syrup Pay operates on a password-based system for which a customer only needs to set a six-digit code to identify him or herself when logging on to an online site, the company said in a statement. Users can register as many credit cards
April 6, 2015
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U.S. firm claims Galaxy S6 Edge more fragile than 'Bendgate' iPhone
Samsung Electronics Co.'s Galaxy S6 Edge is more fragile than Apple Inc.'s iPhone 6 Plus, which sparked the so-called "Bendgate" dispute for bending easily, a U.S. device repair firm said Monday, creating worries among Samsung fans awaiting the phone's launch scheduled for this week. "The Samsung Galaxy S6 Edge deformed at 110 pounds (49.8 kilograms) and created a crack in the screen. When pushed to catastrophic failure, its breaking point was 149 pounds, at which point it ceased to function,"
April 6, 2015
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LG takes on Dyson in world’s premium vacuum cleaner market
CHANGWON, South Gyeongsang Province ― LG Electronics’ A1 plant, one of the firm’s factories in a southern city, is in full swing to churn out home appliances, including washing machines, to prepare for South Korea’s peak moving season starting in April.Inside A1, LG Electronics’ CordZero cordless canister vacuum cleaners are lined up on a 50-meter-long conveyer belt and slowly going through the final phase of the assembly process.LG said the cordless canister vacuum cleaner, equipped with topnot
April 5, 2015
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LG Uplus hails fresh start at new Yongsan office
LG Uplus, one of the nation’s top three telecom operators, said Sunday the opening of its new office in Yongsan, Seoul, from Monday marks the beginning of a new era. Its CEO and vice chairman Lee Sang-chul plans to announce the company’s new leap during an official opening ceremony planned for April 29. The new 21-story building is located on a 55,000-square-meter site near Yongsan Station. The first three floors are dedicated solely to recreational and welfare facilities such as a day care cent
April 5, 2015
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(Photo News) Cherry Blossoms
April 5, 2015
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LG Display begins mass-production of new LCD for mobile devices
LG Display Co. said Friday it has commenced with the mass-production of an updated high definition liquefied crystal display for mobile devices, which will be used on the next flagship handset to be rolled out by its affiliate LG Electronics Inc.The new 5.5-inch LCD with a resolution four times higher than the existing model has upgraded brightness and power efficiency. It is also slimmer compared to previous versions, LG Display said, adding it will be applied to the G4 smartphone, LG's the lat
April 3, 2015
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Samsung kicks off sales of quantum dot TV in U.S.
Samsung Electronics Co., South Korea's tech giant, has launched its quantum dot-based TV in the United States, the company said Friday, as it kicks off the global sale of its latest premium lineups. Samsung unveiled the quantum dot TV, also dubbed the SUHD TV, before the press at a launching event held in the Rockefeller Center in New York on Thursday (U.S. time), it said in a statement. A quantum dot TV is made with a film of semiconductor nanocrystals, known as quantum dot, that can reprodu
April 3, 2015
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Galaxy S6, S6 Edge to sell over 50 mln units in 2015: report
South Korea's No.1 tech firm Samsung Electronics Co. is expected to see the combined sales of its soon-to-be-released smartphones -- the Galaxy S6 and the Galaxy S6 Edge -- reach more than 50 million units this year, a report said Friday, adding they will become "the most successful Galaxy S model." "The lead that Samsung makes with the Galaxy S6 and S6 Edge is likely to continue across several quarters. So we project that Samsung will sell more than 50 million units of the Galaxy S6 and S6 Edg
April 3, 2015
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Hyundai Motor ranks as highest-paying chaebol
Hyundai Motor Group, which owns Hyundai Motor and Kia Motors, was the highest-paying conglomerate in Korea last year, outpacing other big names such as Samsung, SK and LG, data showed Thursday. According to data compiled from the nation’s top 10 conglomerates, the Korean auto giant paid out an average of 92.8 million won ($84,640) for ordinary workers in 2014, up 2.86 percent from the previous year. That was the highest figure, followed by Samsung Group’s 87.42 million won and Hyundai Heavy Indu
April 2, 2015
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Samsung SDI rolls out new energy management system
Samsung SDI, a leading battery maker in South Korea, has started running a next-generation energy system, called “UES,” which allows stable and efficient energy supply and management, according to the company Thursday. The system was created at its research and development center in Uiwang City, Gyeonggi Province. The company said the new technology would help the firm cement its lead in the global energy system industry.The “UES,” a portmanteau of an uninterruptible power and energy storage sys
April 2, 2015
