LG PUSHES FOR OLED TV -- LG Electronics joined hands with global tech firms including Dolby, Amazon and Google to introduce its organic light-emitting diode TVs equipped with high dynamic range technology that improves contrast at the International CES trade show. (LGE) LG PUSHES FOR OLED TV -- LG Electronics joined hands with global tech firms including Dolby, Amazon and Google to introduce its organic light-emitting diode TVs equipped with high dynamic range technology that improves contrast a

Technology Jan. 7, 2016

SAMSUNG UNVEILS MODULAR TV -- Samsung Electronics showcases the world’s first transformable 170-inch ultra-high definition TV, consisting of eight separate panels with no frame, at the International CES trade show, in Las Vegas on Wednesday. The modular TV can change its aspect ratio from 16:9 to 21:9, or vice versa, with rearrangement of the panels. (Samsung)SAMSUNG UNVEILS MODULAR TV -- Samsung Electronics showcases the world’s first transformable 170-inch ultra-high definition TV, consisting

Technology Jan. 7, 2016

LAS VEGAS ― Facing ever-fiercer competition in the global home appliance market, LG Electronics is trying to set itself apart by putting a priority on “premium.”At this year’s International CES electronics trade show in Las Vegas, the Seoul-headquartered electronics firm unveiled a new premium lineup, dubbed the LG Signature, in line with its efforts to appeal to consumers with high-end tastes. LG Electronics chief technology officer Ahn Seung-kwon gives a presentation for the LG Signature produ

Technology Jan. 6, 2016

SAMSUNG C&T BOASTS WEARABLE TECH -- Samsung C&T, Samsung Group‘s construction and fashion unit, showcases smart clothes and fashion accessories, including an NFC-enabled smart suit and a clutch bag equipped with a solar charger at the International CES in Las Vegas through Saturday.　(Samsung C&T) SAMSUNG C&T BOASTS WEARABLE TECH -- Samsung C&T, Samsung Group‘s construction and fashion unit, showcases smart clothes and fashion accessories, including an NFC-enabled smart suit and a clutch bag equi

Technology Jan. 6, 2016

LAS VEGAS -- Even with all the buzz about driverless cars and the Internet of Things, the annual International Consumer Electronics Show can never be complete without fancier TVs. Samsung Electronics, the world’s largest TV-maker, unveiled Monday its new high-end UHD TVs before their official debuts at the CES trade show that runs from Wednesday through Friday in the U.S. city of Las Vegas. Samsung’s TV chief Kim Hyun-seok speaks at a media preview event for the company’s 2016 quantum-dot UHD TV

Technology Jan. 5, 2016

LGD SHOWS OFF FUTURISTIC DISPLAYS AT CES -- LG Display unveils on Monday state-of-the-art display technologies including a rollable organic light-emitting display, which will be on display at the International CES from Wednesday through Saturday in Las Vegas. (LGD)

Technology Jan. 4, 2016

The Ministry of Science, ICT and Future Planning said Sunday that it would set aside 3.94 trillion won ($3.35 billion) to fund research and development projects for science, technology and information and communications technology in 2016.The fund is part of the ministry’s initiative, dubbed the comprehensive execution plan, aimed at speeding up innovation in the nation’s science and ICT sectors and creating new growth engines for the economy.  Choi Yang-hee, Minister of Science, ICT and Future

Technology Jan. 3, 2016

KakaoTalk and Line, the nation’s top two mobile messengers, have been pitted against each other to take the lead in the $20 billion Asian character merchandising market.The two mobile messengers operate their own off-line retail stores, dubbed the Kakao Friends Shop and Line Friends Store, respectively, selling products ranging from dolls and smartphone battery chargers to clothes and jewelry emblazoned with characters and emoticons on the mobile messenger platforms. Line Friends Store in Myeong

Technology Dec. 31, 2015

After releasing an eye-catching gadget that transforms home appliances into connected products earlier this year, LG Electronics on Wednesday unveiled a new device that serves as a gateway to those smart products.Dubbed the SmartThinQ Hub, the device shows the statuses of connected devices either on its display placed on the top of the cylindrical body or via users’ smartphones. A models poses with SmartThinQ Hub, a cylinder-shaped gadget that collects the data of smart home appliances and shows

Technology Dec. 30, 2015

Despite the influx of Chinese tourists, small shops and restaurants in Korea often fail to cater services to travelers due mainly to budget constraints. Below-par services have disappointed many Chinese visitors, curbing their plans to visit the country again.Born and raised on the southern resort island of Jejudo, Lee Min-seok, cofounder and general director of mobile travel application start-up TNDN, wanted to break what he called an “endless vicious circle” in the Korean tourism industry. Lee

Technology Dec. 30, 2015

Korea’s third-largest electronics-maker Dongbu Daewoo Electronics said Tuesday that it had named Park Kwang-ho as the new chief executive of its subsidiary and after-sales service company Dongbu Daewoo Electronics Service.The incoming CEO served as the president of pesticide and fertilizer business Dongbu Farm Hannong in 2014 and led express bus operator Dongbu Express as president in 2013. Park Kwang-ho (Dongbu Daewoo Electronics Service)The CEO, who holds a bachelor’s degree in Economics from

Technology Dec. 29, 2015

LG Electronics has recently made strides in the vacuum cleaner business by successfully developing a next-generation motor for the cleaning device, which the firm said was more powerful and energy efficient than those of Dyson, the world’s top vacuum cleaner-maker.The latest motor, dubbed the BrushLess Direct Current motor, is the successor of the smart invertor motor installed in the firm’s cordless vacuum cleaner lineup Cord Zero, which was released earlier this year. The latest vacuum cleaner

Technology Dec. 29, 2015

S-OIL DONATES TO CHARITY FUND — S-Oil CEO Nasser al-Mahasher (left) delivers $2 billion won ($1.71 million) in donations to the Community Chest of Korea, a local charity organization, last week as part of its year-end efforts to help underprivileged citizens across the country. (S-Oil)

Industry Dec. 28, 2015