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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Trump picks ex-N. Korea policy official as his principal deputy national security adviser
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First snow to fall in Seoul on Wednesday
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Man convicted after binge eating to avoid military service
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S. Korea not to attend Sado mine memorial: foreign ministry
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Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
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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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[Weekender] Korea's traditional sauce culture gains global recognition
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2nd Apple-Samsung trial in U.S. gets underway
A federal judge and lawyers for the world's two biggest smartphone makers began picking a jury Tuesday to determine how much Samsung Electronics owes Apple for copying vital iPhone and iPad features.The retrial to determine damages is underway in San Jose, California.A previous jury had awarded Apple $1.05 billion after determining 26 Samsung products had infringed six Apple patents. But a judge found the jury miscalculated $400 million in damages for 13 products and ordered a new trial to deter
Nov. 13, 2013
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Sony Korea unveils new hybrid laptop
Sony unveiled on Tuesday a laptop-tablet hybrid computer in the hopes of becoming a trend setter in the Korean market. “The VAIO Fit multi-flip PC will become the new standard for premium laptop manufacturers, and we will allow customers to experience a whole new computing environment,” Sony Korea CEO Kenji Sakai said at an unveiling event in Seoul. Featuring a hinge in the middle of the back cover, which enables the screen to flip over, the latest product switches between laptop, tablet and vie
Nov. 12, 2013
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Prosecution to decide fate of Samsung Display execs
The police forwarded a case involving seven executives from Samsung Display to the prosecution to be further questioned on whether they stole essential technology for manufacturing organic light-emitting diode TV panels from LG Display, sources said on Tuesday.The move comes after the police raided Samsung Display’s OLED and LCD plants in South Chungcheong Province, along with its headquarters in Giheung, Gyeonggi Province. Samsung Display called the latest police action “customary,” saying that
Nov. 12, 2013
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Apple, Samsung to face off in court again on patents
Apple and Samsung return to a California court this week for another round in the blockbuster patent trial between the two biggest smartphone makers.A jury trial opens Tuesday to reconsider damages awarded last year in the case stemming from Apple's allegation that its South Korean rival illegally copied technology from the iPhone and iPad.The new trial became necessary after a judge cut some $450 million from a damage award of more than $1 billion to be paid by Samsung.Judge Lucy Koh, in her ru
Nov. 12, 2013
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Tizen smartphone may be available in February
Tizen, the open-source operating system Samsung hopes will trump Apple’s iOS or at least help it reduce its reliance on Google’s Android, may hit the markets as early as the first quarter of next year, sources said on Monday.“NTT Docomo has asked for a January release, but this is probably not going to happen so we expect the phones to come within the first quarter of next year,” one source told the local media on the sidelines of the first Tizen Developer Summit Korea.NTT Docomo, a leading Japa
Nov. 11, 2013
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Samsung ready to market ‘one-chips’
Samsung Electronics is ready to soon market its “one-chip” solution in a bid to snatch the lead in the next generation of wearable and flexible devices. “In September, we started to mass produce the one-chip, which is a combination of the AP and modem chips. We believe the chips will be fitted into actual devices in the near future,” said Woo Nam-sung, head of Samsung Electronics System LSI unit at Samsung’s investor relations session last week. The name of the one-chip will be “ModAP,” a term c
Nov. 10, 2013
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Earnings gap widens among major Web-portal operators
The revenue gap between the leaders and followers of the nation’s top three Web-portal operators appeared to have widened, mainly on account of mobile service performances, according to the latest regulatory filings.Naver, as the leader, continued its reign, while Daum fell further behind with SK Communications trailing in the red. Naver raked in 585.3 billion won ($550.3 million) in revenue in the third quarter, up 31.9 percent on-year and 2.6 percent on-quarter. Operating profit stood at 104.5
Nov. 8, 2013
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S. Korea set to join EU's joint R&D program
South Korea is expected to soon become a member of the Europe's research and development (R&D) program Eurostars, the Seoul government said Friday.Eurostars is a joint R&D programme run by EUREKA, a network of 41 European states, including all 28 member states of the European Union, according to the Korean Ministry of Trade, Industry and Energy.A memorandum of understanding centered on South Korea becoming a member of the programme was by South Korean Minister Yoon Sang-jick, who is currently ac
Nov. 8, 2013
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LG G2 chicken video goes viral
LG Electronics is well known for its eye-catching ads, mostly targeted at overseas consumers, and it has scored another hit with a viral ad spoof that ran on YouTube.The video, created by a local ad agency named Krema, has recorded almost 4 million hits since its release in September, all thanks to an imaginative scenario coupled with some unusual actors. The titular character is a chicken by the name of “Lizzy,” who is out to show just how the optical image stabilization works on the LG G2 sma
Nov. 7, 2013
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Korea on alert over Chinese dust
Health authorities are on alert over recently heightened levels of fine particles in the air, which can cause respiratory problems and other irritations in the eye, nose and throat. About 30 times smaller than a human hair, ultrafine particles measure less than 2.5 micrometers across and are carried by the wind, much of them coming from cities in northern China, including Harbin and Beijing. Recent studies showed they can directly enter the bronchial tubes and interfere with the gas exchange in
Nov. 7, 2013
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Psoriasis
Psoriasis is a chronic skin condition that can last for 10-20 years. The affected patient will have a high chance of recurrence over their lifetime, even after initial improvement. Approximately 1-2 percent of the world’s population has this skin condition, and 60 people are newly diagnosed with psoriasis in every 100,000 people. Therefore, it is expected that a significant number of people will suffer from psoriasis in Korea. Psoriasis is characterized by scaly, dry skin with redness, together
Nov. 7, 2013
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No Tizen TV before phone: Samsung
Is the smart TV market on the decline? If the current TV market is anything to go by, the answer may be yes. Then, will Tizen, Samsung and Intel’s open source mobile operating system, be able to turn the tide? Kim Hyun-seok, head of Samsung Electronics’ visual display unit, appeared to be stumped for an answer. The executive looked visibly rattled and was silent for several seconds before he said he was unable to comment. Kim was among the high-profit TV and related industry figures and represen
Nov. 7, 2013
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Samsung vows to widen gap with chipmaking rivals
Samsung Electronics, the world’s largest memory chipmaker, vowed to take a solid lead in the global memory market with its advanced vertical NAND flash memory technology, based on plans to unveil 36-layer V-NAND flash memory chips next year. “Samsung will definitely, if we can, enjoy an 80 percent market share,” said Robert Myung Yi, senior vice president of Samsung Electronics’ investor relations team, on Wednesday at Samsung Analyst Day 2013, where the company laid out its mid- and long-term s
Nov. 7, 2013
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YUJIN E-Tech tapping overseas etching market
YUJIN E-Tech, a photo etching firm in South Korea, is seeking to expand its business overseas by exploring potential foreign buyers, the company said.Established in 1993, the company specializes in the etching of numerous goods including metal keypads, juice extractors and filters, name plates, car doors, speakers, grills, and other sorts of electronics.Due to the nation’s harsh business reality facing small subcontractors, YUJIN E-Tech has decided to seek better deals from abroad where it hopes
Nov. 7, 2013
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Samsung to push for more M&As for growth
Samsung Electronics will push for more mergers and acquisitions and increase its presence in health care and smart car industries for future growth, top executives said on Wednesday.The world tech giant held Samsung Analyst Day 2013 to share its future mid- and long-term strategies with around 400 investors, analysts and officials from the IT industry -- the first forum of its kind in eight years.“Convergence (among technologies in different industries) is occurring right now, but not enough. We
Nov. 6, 2013
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Smartphone launcher Buzzpia eyes overseas market
Competition to dominate the homescreens of smartphones is heating up as new Android interface-based customized services emerge in the market.Market analysts forecast that those who dominate smartphones’ homescreens will be able to jockey for position in the mobile era. Jay Seo, CEO of Buzzpia, hopes to get everyone around the world talking about the launcher developed by his firm, Buzz Launcher.“The first target market will be the United States. Success in the nation is especially important sinc
Nov. 6, 2013
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Growing strategic role of CFOs in business
CFO means “chief financial officer.” But, increasingly, I think it has an even bigger meaning. At some top-performing finance organizations, the “F” from CFO is taking on the meaning of “future.”The CFO is the person in most companies who is in the best position to harness the expanding flood of data that can be used to inform and drive corporate strategy. We can’t just be scorekeepers. We need to help the company score ― meaning discovering new revenue growth opportunities.We need to understand
Nov. 6, 2013
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Government to punish KT for satellite giveaway
South Korea's science ministry said Tuesday it has opened a probe against KT Corp. as a part of its move to review the legitimacy of the firm's sales of the country's retired satellites at a dirt cheap price.The move came after parliament's communication committee revealed last week that KT sold the Mugungwha 2 and 3, South Korea's retired satellites launched in 1996 and 1999, respectively, to a Hong Kong-based satellite operator for a combined 4.5 billion won ($4.24 million).According to the co
Nov. 5, 2013
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Domestic SNS Me2day to shut down next June
South Korean microblogging service Me2day is to shut down in June 2014, a local news outlet reported Tuesday. The move is a reminder of how local social networking services have been giving way to global operators such as Twitter and Facebook in recent years.Naver, Me2day’s operator and Korea’s top Internet portal provider, recently said it would discontinue service in the face of market domination by worldwide SNS such as Twitter and Facebook, according to Money Today newspaper.It explained it
Nov. 5, 2013
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LG aims to lead flexible device market with G Flex
Unveiling its first curved smartphone, the G Flex, on Tuesday, LG Electronics expressed its confidence in taking the lead in the nascent flexible smartphone market. “The G Flex is one that shows the right direction for flexible smartphones, and even smart gadgets such as smart watches, to follow. LG will maintain its high reputation in the flexible smartphone market,” said Ma Chang-min, vice president of LG Electronics’ domestic marketing division, at a press conference. The Seoul-based electron
Nov. 5, 2013