Network operator KT has unveiled a new hologram show that aims to attract global fans of Korean culture with lifelike 3-D technology.The new hologram show, dubbed “Let’s Go,” combines futuristic hologram technology with the real-life antics of performers. It comes after a virtual concert by K-pop star G-Dragon last year. Actors perform the “Let’s Go” show at the virtual concert hall in Donddaemun. (KT)“KT wants to create a new type of entertainment and expand the value of art,” said Lee Mi-yeoun

Technology March 7, 2016

Fingerprint module-maker CrucialTec has been recognized for its efforts to promote management transparency and contributions to the tech-heavy KOSDAQ market.The Pangyo-headquartered company won an award along with nine other KOSDAQ-listed firms, including CJ O’shopping, Seohee Construction and Spigen Korea, from Korea Exchange, the nation’s sole stock exchange operator, for receiving the highest scores in an annual assessment for 1,100 KOSDAQ firms. CrucialTec CEO Charles Ahn poses with the firm

Technology March 7, 2016

LGE TOPS CONSUMER PRODUCT TEST IN ITALY -- LG Electronics said Monday its washing machine and refrigerator were recognized for their overall performance and energy efficiency by Italian product-testing magazine Altroconsumo. (LGE)

Technology March 7, 2016

Fingerprint module maker CrucialTec has developed an optical computer mouse equipped with a fingerprint scanner, said the firm on Friday. Given that financial technology, or fintech, businesses, have gained momentum in recent years, security and authentication solutions have become important in protecting data from hacking attempts. CrucialTec’s optical mouse equipped with a fingerprint scanner. (CrucialTec)“CrucialTech’s new product, dubbed the Biometric TrackPad, or BTP, Mouse, will be a good

Technology March 4, 2016

Mobile carrier LG Uplus on Wednesday rolled out a home security service, called IoT Caps, which incorporates Internet of Things technology.The mobile carrier partnered with security firm ADT Caps and digital door lock maker Gateman in August last year to develop the smart home security service, which allows users to remotely monitor their houses with smartphones and notify security guards when strangers trespass on private property. Security officers from ADT Caps pose with LG Uplus’ Internet of

Technology March 2, 2016

Despite a number of advantages to organic light-emitting diode displays, the market for the light and flexible display has yet to bloom.Most major display and electronics makers have hesitated to jump on the OLED bandwagon, citing as main concerns the high production costs and low production yields of the promising OLED.Things will likely change as Korea’s electronics and display powerhouses, including Samsung Display, have rolled up their sleeves to push for the growth of OLED display business.

Technology March 2, 2016

　CLEAR WINNER -- LG Electronics said Tuesday its high-end organic light-emitting diode TV has been recognized for excellent picture quality by Verband Deutscher Elektrotechniker, or VDE, one of the largest technical and scientific associations in Europe. LG said its OLED TV boasts the industry’s highest level of contrast and color expression thanks to its high dynamic range technology. (LGE)

Technology March 1, 2016

SMART FARMING -- Yoon Kyung-lim (left), the head of network operator KT’s future convergence office, and GNBio CEO Kim Young-chan pose after signing an agreement to collaborate on a project to develop IT solutions for mushroom farming in Seoul on Tuesday. (KT)

Technology March 1, 2016

South Korean tech giant Samsung Electronics has added a new chapter to the history of the global TV market as it topped the segment last year for the 10th consecutive year. According to global market research firm IHS, Samsung was the world’s largest TV seller in 2015 on the back of the strong performance of its high-end models, taking 27.5 percent of the global TV market in terms of sales and 21 percent in shipments.The Korean TV maker has held the top spot for the past decade since 2006, when

Technology March 1, 2016

Debt-to-income ratio of deficit households, whose spending is higher than their disposable income, reached 42 percent 2014, according to a report released by the LG Economic Research Institute on Monday. The proportion of income spent on debt repayments is far higher than the overall figure for all households of 28.3 percent.The ratio for households in deficit has risen steeply since it exceeded 30 percent for the first time in 2009, peaking in 2013, when their DTI ratio hit 42.7 percent. “Consi

Feb. 29, 2016

DRUMMING UP COMMERCIAL WASHER BUSINESS -- Tech giant LG Electronics has recently invited partners from 12 global markets, including China and France, to Korea to showcase its latest commercial washing machine lineup. The electronics firm aims to double the global sales of the commercial washer business this year over last year. (LGE)

Technology Feb. 29, 2016

DEBUT OF SK-SPONSORED HANDBALL TEAM -- SK hynix holds an event to celebrate the launch of the SK Hawks, SK hynix’s sponsored male handball team, on Monday in North Chungcheong Province. (From third from left, first row) Coach Hwangbo Sung-il, SK Group chairman Chey Tae-won, SK hynix chief executive Park Sung-wook and head coach Oh Se-il participate in the event. (SK hynix)

Technology Feb. 29, 2016

TWITTER COMMEMORATES MARCH 1 MOVEMENT-- In order to commemorate the "March 1 Independence Movement" in 1919, Twitter Korea runs the #Remember1919 hashtag campaign featuring an emoticon based on a caricature of female independence activist Ryu Gwan-soon. (Twitter Korea)

Technology Feb. 29, 2016