[Photo News] Korea-Australia FTA reaches 1st anniversary

KOREA-AUSTRALIA FTA ANNIVERSARY -- Australian ambassador to South Korea Bill Paterson (left) and director general of the trade policy bureau at the Korean Ministry of Trade, Industry and Energy Park Jin-kyu pose during a ceremony held in Seoul on Thursday to celebrate the upcoming one-year anniversary of the Korea-Australia FTA. The bilateral free trade pact took effect on Dec. 12, 2014. (Australian Embassy in Korea) 

IndustryDec. 10, 2015

[Photo News] Samsung UHD TV sweeps award

SAMSUNG UHD TV SWEEPS AWARD -- Samsung Electronics’ ultrahigh-definition TV lineup, the JS9500, has received the Best of What’s New award, the tech giant said Thursday. U.S. science magazine Popular Science picks the greatest innovations every year in different industrial categories including aerospace, auto and entertainment for the accolade. (Samsung Electronics) SAMSUNG UHD TV SWEEPS AWARD -- Samsung Electronics’ ultrahigh-definition TV lineup, the JS9500, has received the Best of What’s New

TechnologyDec. 10, 2015

[Photo News] S-Oil honors civilian heroes

S-OIL AWARDS CIVILIAN HEROES -- S-Oil CEO Nasser al-Mahasher (left) awards a total of 140 million won ($119,000) to 20 civilian heroes in South Korea in a ceremony held in Seoul on Wednesday. Lee Seong-sun (right) was awarded the top cash prize for his courageous act of saving 10 lives in a fire that broke out in an apartment complex in Uijeongbu, Gyeonggi Province, this year. (S-Oil)

IndustryDec. 9, 2015

[Photo News] SKT, Nokia to develop LTE tech for objects

COMMUNICATION BETWEEN OBJECTS -- SK Telecom said Wednesday that it has signed a memorandum of understanding with network equipment maker Nokia to jointly research and develop a network technology, called the narrow band Long-Term Evolution, which allows low power machine-to-machine communication. (SKT) COMMUNICATION BETWEEN OBJECTS -- SK Telecom said Wednesday that it has signed a memorandum of understanding with network equipment maker Nokia to jointly research and develop a network technology,

TechnologyDec. 9, 2015

[Photo News] Samsung expands mobile payment system

EXPANDING MOBILE PAYMENT SYSTEM -- Samsung Electronics said Tuesday that rechargeable public transportation cards T-Money and Cashbee are now available on its mobile payment solution Samsung Pay. (Samsung Electronics)

TechnologyDec. 8, 2015

[Photo News] Mid-end handsets with premium features

MID-END HANDSETS WITH PREMIUM FEATURES -- Samsung Electronics unveiled its updated midrange smartphone lineup Galaxy A in Seoul Thursday. The lineup consists of three models, the A7, A5 and A3. The A7 and A5, fitted with a fingerprint sensor, support mobile payment solution Samsung Pay. (Samsung) MID-END HANDSETS WITH PREMIUM FEATURES -- Samsung Electronics unveiled its updated midrange smartphone lineup Galaxy A in Seoul Thursday. The lineup consists of three models, the A7, A5 and A3. The A7 a

TechnologyDec. 3, 2015

[Photo News] LG recognized for superior design

  LG RECOGNIZED FOR SUPERIOR DESIGN -- LG Electronics said Thursday its premium fridge Double Magic Space had won the Compasso d’Oro Award, Italy’s highest accolade for design. The company has also won prizes for the high-end fridge at IDEA, iF and Red Dot design awards. (LGE)

TechnologyDec. 3, 2015

[Photo News] LG displays OLED TV at Grand Central Terminal

LG OLED TV IN NYC -- LG Electronics said Wednesday that it would run a roadshow to display its high-end organic light-emitting diode TVs at Grand Central Station in Manhattan. The event will be held until the end of this month. (LGE)

TechnologyDec. 2, 2015

[Photo News] Gear S2 pop-up store for holiday

GEAR S2 POP-UP STORE FOR HOLIDAY -- Samsung Electronics said Wednesday it would operate a pop-up store for its smartwatch Gear S2 during the year-end holiday season in Garosu-gil, Seoul, a street brimming with upscale coffeehouses and clothing shops. (Samsung)

TechnologyDec. 2, 2015

[Photo News] ExxonMobil, KOGAS to cooperate for LNG business

LNG COOPERATION -- ExxonMobil vice president of gas and power marketing Richard Guerrant (left) and the president and Korea Gas Corp. chief executive Lee Seung-hoon pose after signing a memorandum of understanding to jointly pursue new opportunities in the natural gas value chain at a ceremony held in Seoul on Wednesday. LNG -- a cleaner burner fuel compared to other non-renewable energy sources -- is expected to replace coal as the No. 2 global source of energy, a shift that reflects the versat

IndustryDec. 2, 2015

[Photo News] Kick off Christmas season with carols by Asiana

Asiana Airlines employees pose with Christmas carol album “Christmas Time Again,” produced by the Korean air carrier and supported by Arts Council Korea, at Asiana’s headquarters in western Seoul. Having started Tuesday, Asiana offers five Christmas carol tracks free of charge via its homepage www.flyasiana.com. (Asiana Airlines)　

IndustryDec. 1, 2015

[Photo News] POSCO E&C wins $900m power plant deal

 Oh Kun-so (third from left), executive vice president of POSCO Engineering & Construction, and other executives form U.S. energy firm AES pose Tuesday after signing a $900 million contract to design and construct a 600-megawatt coal-fired power plant in Manila, the Philippines.(POSCO E&C)

IndustryDec. 1, 2015

[Photo News] LG chairman partakes in cultural diplomacy

CULTURAL DIPLOMACY -- LG Group chairman Koo Bon-moo (center) attends a jazz concert Monday in Seoul to mark the 50th anniversary of ties between Korea and Japan. Koo said he wished for the two nations to strengthen their relations through cultural exchanges. (LG Group)

TechnologyDec. 1, 2015

[Photo News] LG establishes collaborative 5G tech center

COLLABORATION FOR 5G -- LG Uplus said Tuesday that it had set up a research and development center for 5G network technology where it would work together with local and global network equipment firms on projects for the next-generation network technology. (LG Uplus)

TechnologyDec. 1, 2015

[Photo News] Millennium Seoul Hilton's Christmas train

(Millennium Seoul Hilton)Children joined Santa Claus, the Millennium Seoul Hilton mascot and hotel employees to see a Christmas train, now in its 20th year of operation, in the hotel’s lobby on Sunday. Over 80 local and international businesses sponsored the Christmas train this year, and all proceeds have been donated to local orphanages and charities. The Christmas tree and train display will be available for viewing until Jan. 17.   　

CultureNov. 29, 2015

[Photo News] Mundipharma Korea wins 'best company' award

BEST COMPANY AWARD -- Mundipharma Korea was recognized as the best foreign company in the “career opportunity growth” category at the 2015 Best Companies Awards organized by JobPlanet and Fortune Korea. Mundipharma operates an uncapped incentive system based on quantitative and qualitative assessments of its employees and the so-called “best practice sharing” program, which encourages employees to share their success to boost motivation. The pharmaceutical company also supports employees who wan

IndustryNov. 26, 2015

[Photo News] Samsung starts mass production of industry's first 128-GB DRAM

CHIPPING AWAY -- Samsung Electronics said Thursday it had started mass production of the world’s first 128-gigabyte DDR4 module for enterprise servers and data centers. The new DDR4 boasts the industry’s largest capacity and highest energy efficiency of any DRAM module. (Samsung Electronics)

TechnologyNov. 26, 2015

[Photo News] S-Oil science fellowship

S-OIL SCIENCE FELLOWSHIP — The S-Oil Science Prodigy and Culture Foundation awards four young Korean scientists in the fields of physics and chemistry with fellowships worth 130 million won ($114,000) during a ceremony held Wednesday in Seoul. Founded by S-Oil in 2011, the SSPCF awards scientists in differing scientific disciplines every year — alternating between recognizing those in physics and science; and those in mathematics, biology and geology. (S-Oil)

IndustryNov. 25, 2015

[Photo News] LG boosts morale among soldiers

LG BOOSTS MORALE AMONG SOLDIERS -- Executives and employees of LG Group affiliates -- LG Chem, LG Innotek and Serveone -- pay a visit to six frontline troops near the Demilitarized Zone, a buffer zone across the Korean Peninsula, to give care packages to soldiers. In the photo Park jin-soo (fourth from left, second row), the chief executive of LG Chem, poses with divisional commander Lee Jong-hwa (fifth from left, second row), military officials and soldiers at the First Infantry Division, in Gy

TechnologyNov. 23, 2015

[Photo News] Samsung SDI supplies batteries for Chinese car maker

GIANT CAR-BATTERY MARKET — A model showcases Samsung SDI’s cylinder-shape lithium-ion batteries, which will be supplied to Chinese electric vehicle firm JAC. The batteries will power the firm’s new iEV6S electric SUV with a drive capacity of about 250 kilometers on a full charge. (Samsung SDI) 

TechnologyNov. 22, 2015