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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Consumers get first taste of S6 and S6 Edge
Consumers flocked to 1,400 “experience stores” run by Samsung Electronics and its partners, including mobile carriers and electronics retail chains, to get hands-on experience with the tech giant’s upcoming marquee smartphones Galaxy S6 and S6 Edge in South Korea on Monday.Since it is a while before the gadgets’ official release, scheduled for April 10 in South Korea, the store was not built with the aim of creating an eye-catching long line of people waiting to order the handsets at mobile carr
March 23, 2015
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Competition heats up for jobs at Samsung
A record number of applicants are expected to take the Samsung Aptitude Test, a twice-yearly entrance exam aimed at hiring new employees for Samsung’s some 30 affiliates. According to industry sources on Sunday, more than 110,000 people applied for the test that is scheduled to be held on April 12. The figure outpaced some 100,000 last year. This year’s SSAT attracted more applicants compared to previous years as it is the last chance open to all applicants. In a recent overhaul of its recruitin
March 22, 2015
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Three mobile carriers plan joint app store
Mobile carriers in South Korea are stepping up their efforts to establish a joint mobile application market to challenge Google’s Play Store and Apple’s App Store. KT, LG Uplus and SK Telecom’s subsidiary SK Planet said Friday they held a meeting with mobile app developers to discuss the “One Store project” earlier in the day.Around 150 developers participated in the meeting held at SK Planet’s headquarters in Pangyo Techno Valley, Gyeonggi Province, according to the firms.KT, SK Planet and LG U
March 20, 2015
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SK Telecom to acquire Broadband
SK Telecom, South Korea’s largest mobile carrier, announced Friday that it would put SK Broadband, a landline and wireless Internet services provider, under its wing through a share swap.The mobile firm decided at a board meeting on the day to acquire the entire stake of SK Broadband. The two firms are affiliates of SK Group.The telecom firm currently holds a 50.56 percent share in SK Broadband, and the rest of the shares are held by other investors including the National Pension Fund. If approv
March 20, 2015
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Samsung unveils new enterprise mobile security package
Samsung Electronics, the world’s largest smartphone-maker, announced an advanced version of its mobile security solution, called Trustonic for KNOX, on Friday, aiming to increase its presence in the global enterprise mobile market. The new security solution for mobile devices will be embedded in the Galaxy S6 and S6 Edge, which are scheduled to hit global shelves on April 10, and will be available for other Galaxy smartphones through updates down the road. Trustonic for KNOX, a result of the co
March 20, 2015
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SK hynix to mass-produce lower 20-nano class DRAM in second half: CEO
South Korean chip giant SK hynix will start mass production of lower 20-nanometer class dynamic random access memory in the second half of this year, its chief said Friday, as it shores up efforts to keep its grip on the memory chip business through the advanced technology. "It's possible from the early second half," Park Sung-wook, the chief executive officer of SK hynix said after the shareholders meeting earlier in the day, in response to a question raised by a reporter about the timing of
March 20, 2015
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Sales of new Galaxy models likely to hit over 55 mln units: market report
South Korean tech powerhouse Samsung Electronics Co. is forecast to sell over 55 million units of its latest premium smartphones this year, with its advanced specs and upgraded features keeping them in firm demand, a market report said Friday. The outlook for shipments of the Galaxy S6 and Galaxy S6 Edge has been revised up by more than 20 percent from the previous prediction, according to the latest report by DRAMeXchange. The report forecast that Samsung will sell 22.2 million units of the
March 20, 2015
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Samsung rolls out new flash memory for mid-range gadgets
Samsung Electronics, South Korea’s leading chipmaker, on Thursday announced mass-production of the 128GB 3-bit NAND Flash memory that will be integrated into mid-range smartphones. The announcement came after the company unveiled the high-performance Universal Flash Storage memory equipped in its new flagship smartphone Galaxy S6 and its Edge variant in February. Samsung Electronics’ new 128GB 3-bit NAND flash memory (Samsung Electronics)Industry watchers predict Samsung to take a two-track stra
March 19, 2015
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LG CEO vows to step up innovation
LG Electronics’ CEO and vice chairman Koo Bon-joon pledged on Thursday to ramp up efforts for innovative experiments in a bid to better respond to customer demands during economic uncertainties. “This year we would face bigger economic uncertainties amid the volatile financial market and the falling oil prices,” Koo said in a statement ahead of the company’s annual shareholders meeting at its Seoul headquarters. LG Electronics’ shareholders meeting is shown on a TV screen at the company’s Seoul
March 19, 2015
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BMW to use Samsung SDI batteries for 3 Series hybrid
German luxury carmaker BMW said Thursday its new 3 Series plug-in hybrid sedan will use batteries from South Korea’s Samsung SDI. “We are working on developing the next-generation automotive batteries together with Samsung SDI,” BMW’s head of purchasing and supplier network, Klaus Draeger, told Korean reporters during the company’s annual press conference held at the Munich headquarters. “The 3 Series plug-in hybrid to be launched next year will also be equipped with Samsung batteries.”BMW start
March 19, 2015
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New telecom regulation deals blow to smartphone producers
A recently reformed telecommunications law has weakened the grip of Korean smartphone makers in their home country and offered a boon for foreign rivals like Apple, market analysts said on Wednesday.The Ministry of Science, ICT and Future Planning and the Korean Communications Commission implemented the so-called Mobile Device Distribution Improvement Act on Oct. 1 last year to fix excessive competition among device makers and network operators.After its implementation, the market share of Cali
March 18, 2015
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LG refrigerator wins top awards in U.K., China
LG Electronics said Wednesday its premium refrigerator Magic Space had won several top awards in the United Kingdom and China. According to the Korean tech giant, Innovative Electrical Retailing, a U.K. magazine specializing in home appliances, recently picked the product as the best refrigerator in terms of energy efficiency. The Door-in-Door, the so-called “magic space” refrigerator, allows users to take out their frequently used snacks and drinks quickly and easily while helping reduce energy
March 18, 2015
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Samsung taps Unilever SVP as head of U.S. marketing
Samsung Electronics ― working to overhaul its U.S. operations ― is allegedly in talks with Unilever’s senior vice president of global marketing Marc Mathieu to replace its top creative officer. Ad Age, a U.S.-based magazine, said Wednesday the Unilever executive will replace Todd Pendleton, Samsung’s chief marketing officer in the mobile division who plans to resign in April. Before joining Unilever in 2011, he also served as brand marketing vice president at Coca-Cola for 12 years. Both Samsun
March 18, 2015
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Coupang makes huge investment in logistics
Coupang, a leading ecommerce company, said on Tuesday it would pour more resources into logistics in a bid to offer the highest level of delivery service in the rapidly growing market for online discounts in Korea. “We will offer the best ecommerce model, even compared with Amazon,” said Coupang CEO, Kim Bom, during a press conference held at a Seoul hotel. According to Kim, the key to the ambitious plan is a huge investment in logistics, especially into delivery personnel called “Coupang Man.”
March 17, 2015
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KT to connect every nook and corner of Korea
BAENGNYEONGDO ISLAND, Incheon ― During the first test call on broadband Long Term Evolution-A networks between the Antarctic Jang Bogo Station and South Korea’s remote northwestern Baengnyeongdo Island on Monday, chief of the Antarctic research center Kang Cheong-yun’s voice was crystal clear over the phone.The successful test was conducted a day prior to the launch of telecommunications firm KT’s broadband LTE-A services on the island which will connect around 5,000 residents and 5,000 naval of
March 17, 2015
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Microsoft to roll out USB-shaped PC in S. Korea
The South Korean unit of software giant Microsoft Corp. said Tuesday it will launch a Windows-based subminiature PC a little larger than a USB drive in South Korea in late May, as part of its broader drive to boost the presence of its operating platform with a more diverse lineup of connected devices. The Stick PC, manufactured by Daewoo Lucoms Co., one of Microsoft's local device-making partners, comes in a black stick-type dongle that is 11cm-long and weighs 50 grams. Its internal storage,
March 17, 2015
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Galaxy Gear likely to be classified as mobile device, not watch: WCO
Samsung Electronics Co.'s Galaxy Gear smartwatch will be classified as a mobile device, not a watch, by the World Customs Organization, South Korea's customs authorities said Tuesday, a move that is anticipated to give the tech giant tax benefits in shipping the product overseas. The decision was made at the WCO's Harmonized System Committee meeting held in Belgium earlier this week, which was attended by South Korea's Ministry of Strategy and Finance and the Korea Customs Service. While South
March 17, 2015
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Busan sets sights on role as retail hub
Busan is planning to transform into a bustling business hub for retail, film and the Internet of Things as it hosts the nation’s seventh center for creative economy.The Busan Center for Creative Economy and Innovation, which opened on Monday, is the latest in a series of government-driven regional offices helping to nurture start-ups and venture companies across the nation. The Ministry of Science, ICT and Future Planning has teamed up with Lotte Group, a local retail and entertainment giant, as
March 16, 2015
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Astronergy Solar Korea eyes global solar power market
Solar power equipment-maker Astronergy Solar Korea is aiming to make a foray into the photovoltaic power generation market in Southeast Asia. Established in 2009 as a subsidiary of Chinese energy firm Chint Group, the Seoul-based company produces a wide range of solar energy products including modules and inverters, and participating in projects to build a solar energy plant in Korea and foreign markets.“Astronergy Solar Korea, which has been focusing on manufacturing solar cells and modules, wi
March 15, 2015
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SKT helps SMEs foray into global market
From operation of research labs to financial support for small and medium-sized firms, SK Telecom has been pouring its resources into supporting SMEs. Some Korean start-ups, which participated in the Mobile World Congress trade show in Barcelona earlier this month with the help of the telecom firm, have been receiving calls for business partnerships in the global markets.ISL Korea, which produces Bignote, a smart whiteboard solution consisting of a digital pen and a projector, is a beneficiary o
March 15, 2015
