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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S. Korea not to attend Sado mine memorial: foreign ministry
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
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Job creation lowest on record among under-30s
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Samsung posts solid performance
Despite slowing demand for electronic devices, Samsung Electronics, the world’s largest smartphone maker, posted 53.68 trillion won ($52.07 billion) in revenue in the first quarter of this year, an 1.5 percent increase from the same period a year ago, according to the firm’s quarterly earnings report on Tuesday. The Korean tech firm recorded 8.49 trillion won in operating profit in the first three months, down by 3.3 percent from a year earlier. The year-on-year sales increase was led by the sol
April 29, 2014
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Cheil Industries says will mass-produce OLED material
Cheil Industries, Samsung’s electronics materials affiliate, said Monday it would mass-produce a key raw material for organic light-emitting diodes that it has been developing for the past two years.This marks the first time for a Korean company to develop and produce a host material for green phosphorescent organic light-emitting diodes, allowing display pixels to emit green light for improved brightness and power consumption.“We have supplied the material to Samsung Display for Samsung Electro
April 28, 2014
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[Herald Interview] IFA to shift focus back to consumer electronics
BELEK, Turkey ― Jens Heithecker, executive director of the Internationale Funkausstellung, believes the IFA will continue to be the world’s exhibition platform for promoting consumer electronic goods rather than being distracted by other products.“The last International CES trade show was dominated by car manufacturers,” Heithecker told the press, calling it “crazy.”Four of the top 10 participants at the CES held in Las Vegas in January 2013 were automakers. Another four were software manufactur
April 28, 2014
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Samsung Electronics mass-produces 3-bit-per-cell SSD
Samsung Electronics Co., the world’s largest manufacturer of chips and smartphones, said Monday it has commenced mass production of its 3-bit-per-cell solid state drives for data centers, offering a wider range of choices to consumers.Samsung said the 3-bit-per-cell SSD, which is equipped with the industry’s most compact 10-nanometer class, 128-gigabit high-performance NAND flash memory, has improved performance compared to the previous 2-bit based models. A SSD is a data storage device used mos
April 28, 2014
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LG Uplus net profit nosedives in Q1 on business suspensions
LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Monday its net profit halved on-year in the first quarter as it struggled through a series of business suspensions.Net profit came to 26.8 billion won ($25.8 million) in the January-March period, falling 63.9 percent from 74.3 billion won in the previous year, LG Uplus said in a regulatory filing. Revenue edged down 2.8 percent to 2.7 trillion won in the first quarter from last year, with its operating profit losing 8.1 percent to 113.1 bi
April 28, 2014
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Foreign electronics makers eye Korean market
BELEK, Turkey ― Grundig, the leading consumer electronics maker in Turkey, has unveiled its plans to tap the Korean market, heralding a challenge to Samsung Electronics and LG Electronics.Grundig was a German consumer electronics manufacturer, but was acquired by the Turkish Koc Holding group in 2007.The company could launch its products, including liquid crystal display and light-emitting diode TVs, in the Korean market as soon as this year.“We plan to introduce our products to Korean customers
April 27, 2014
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S. Korea fifth largest supplier of high-tech goods to U.S.: report
South Korea was the fifth-largest supplier of high-tech goods to the United States in 2013, up two notches from the year before, a report by an international trade organization said Sunday.According to the Korea International Trade Association (KITA), locally manufactured goods made the top 10 list in seven of the 10 high-tech fields.The fields examined were broken down by the harmonized system (HS) code used to track products traded between countries and covered information technology (IT), ele
April 27, 2014
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LG Electronics registers W Watch in U.S.
LG Electronics has applied for a trademark for its future smart watch, the W Watch, in the United States, the company said Friday.An LG spokesperson said the company registered the watch at the U.S. Patent and Trademark Office last week, and that this trademark would be used for its future wearable lineups.It has also registered the W Watch in Japan and China.The W Watch was described as having “the function of wireless communications with electronic terminals such as smartphones, tablet compute
April 25, 2014
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Uber launches in Beijing
Uber Technologies, the U.S.-based Silicon Valley start-up, said it has launched its application for smart transportation solutions and services in Beijing.The Chinese capital city is the 100th city in which the company ― backed by Google Ventures and Amazon CEO Jeff Bezos ― has introduced its app since it was founded in 2010.Uber’s mobile app allows passengers to connect with private drivers of sedans for hire via smartphones to pick them up and take them to their destination.“Beijing is the cap
April 25, 2014
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Merck consortium develops new process for OLED production
A consortium led by Merck, a German-based chemicals giant, has developed a new printing process that enables more efficient production of organic light-emitting diodes and solar cells than conventional manufacturing techniques.Merck said that it has completed the development of the printed OLED technology process that will pave the way for the display industry to apply it and roll out “highly specialized applications” such transparent OLEDs.The project, funded by the German Federal Ministry of E
April 25, 2014
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Japan mobile carrier NTT Docomo exiting India business
(AFP) - Japan's biggest mobile carrier NTT Docomo said Friday it would abandon a once-hopeful Indian telecoms business, becoming the latest major firm to run into trouble in the huge market.The Tokyo-based company said it would move to unload its 26.5 percent stake in money-losing Tata Teleservices as it also announced that its annual net profit turned down. Docomo, which had invested about $2.6 billion in the Indian firm over the past five years, held a board meeting Friday at which directors d
April 25, 2014
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Microsoft Completes Nokia Phone-Unit Purchase in Push to Mobile
Microsoft Corp. completed its deal to take over Nokia Oyj’s phone business, ending a seven-month wait to renew its assault on the mobile market and leaving the Finnish company seeking growth in wireless networks.The final price may be “slightly higher” than the 5.44 billion euros ($7.5 billion) announced in September, Nokia said today in a statement. About 30,000 employees are transferring to Redmond, Washington-based Microsoft as part of the transaction, which was delayed amid regulatory scruti
April 25, 2014
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SK hynix net soars more than fourfold in Q1
SK hynix, the world’s No. 2 memory chip maker, said Thursday its net profit surged 348.9 percent in the first quarter from a year earlier on the back of improved sales in dynamic random access memory chips.Net profit came to 802.2 billion won ($771.7 million) in the January-March period, soaring from 178.7 billion won in 2013, the company said in a regulatory filing. Revenue gained 34.6 percent on-year to 3.74 trillion won in the first quarter, and operating profit also jumped to 1.05 trillion w
April 24, 2014
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KT aims for comeback with new services
KT, Korea’s second-biggest mobile carrier, said it will introduce new marketing programs with the aim of making its various services easier and more convenient to use by consumers.This comes as the company is about to normalize its operations after a business suspension lasting more than a month due to irregularities over giving excessive telecom subsidies in a bid to attract subscribers. During this hiatus, KT saw more than 120,000 of its subscribers switching carriers, mostly to SK Telecom, Ko
April 24, 2014
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Spacewalkers replace computer outside station
CAPE CANAVERAL, Florida (AP) ― Spacewalking astronauts easily replaced a dead computer outside the International Space Station on Wednesday and got their orbiting home back up to full strength.The two Americans on board, Rick Mastracchio and Steven Swanson, hustled through the urgent repair job, swapping out the computers well within an hour. The new one tested fine.“Excellent work, gentlemen,” Mission Control radioed.The removed computer, a critical backup, failed nearly two weeks ago. The prim
April 24, 2014
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Former Iron Curtain still barrier for deer
PRAGUE (AP) ― The Iron Curtain was traced by an electrified barbed-wire fence that isolated the communist world from the West.It was an impenetrable Cold War barrier ― and for some inhabitants of the Czech Republic it still is.Deer still balk at crossing the border with Germany even though the physical fence came down a quarter century ago, new studies show.Czechoslovakia, where the communists took power in 1948, had three parallel electrified fences, patrolled by heavily armed guards. Nearly 50
April 24, 2014
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Telecom ministry to crack down on ‘pirate’ phones
South Korea’s telecom ministry said Wednesday it would seek a law revision to slap fines of up to 100 million won ($96,300) on those using mobile phones under borrowed names, a practice used to conduct crimes and illegal activities while evading investigation.The Ministry of Science, ICT and Future Planning said it hopes to establish legal grounds by June to punish any activities related to using or inducing, advertising and mediating the use of such “pirate” phones, with possible penalties also
April 23, 2014
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Mobile vs. cinema
The movie industry is facing an uphill battle against new emerging technology that makes home entertainment more attractive for consumers.Smart devices such as smartphones and tablet PCs, as well as smart televisions with quality sound and high resolution, offer the same kind of experience as one could get at movie theaters.Viewers use handsets to download and watch music videos and movies, and a new breed of TVs, including curved ultrahigh-definition sets that can connect with mobile handsets,
April 23, 2014
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Feel and ride the movies
To many movie fans, “300” is a Hollywood blockbuster about an epic battle between the Spartans and the Persians.But for CJ 4DPlex, the number has a different yet significant meaning.For the CJ affiliate, 300 is the number of theaters worldwide in which it hopes to deploy its 4-D technology called 4DX that offers a new experience for moviegoers.“We are going to hit critical mass once our 4-D technology platform is adopted at more than 300 theaters globally by the end of next year,” CJ 4DPlex CEO
April 23, 2014
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Pentagon scientists show off life-size robot
U.S. Defense Secretary Chuck Hagel got a first-hand look at a life-size robot Tuesday that resembles Hollywood’s “Terminator,” the latest experiment by the Pentagon’s hi-tech researchers.But unlike the cinematic version, the hulking Atlas robot is designed not as a warrior but as a humanitarian machine that would rescue victims in the rubble of a natural disaster, officials said. The 187 centimeter Atlas is one of the entrants in a contest designed to produce a man-like life-saver machine, the b
April 23, 2014