Articles by 김지현
김지현
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LG Innotek sues Osram in Chinese court
LG Innotek on Thursday said it has filed a lawsuit against Osram’s Chinese corporation and another company called Hella for infringing patent rights for light-emitting diode technology.LG Innotek filed the suit at a court in Beijing, demanding Osram cease selling its LED products and also seeking compensation for damages.Osram is a light-manufacturing unit of Siemens AG, while Hella is a global ma
Industry July 28, 2011
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LGE posts 2nd straight quarterly profit
LG Electronics posted a second consecutive quarter of operating profit meeting market expectations and fueling anticipation for a much-awaited turnaround, the Seoul-based company said Wednesday. The electronics maker’s quarterly operating profit reached 158.2 billion won ($145.8 million), up 20.9 percent from the previous quarter, while sales stood at 14.4 trillion won ($13.3 billion) to rise 9.3
Industry July 27, 2011
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Watchdog panelist slammed for blog photos of genitals
By Cho Ji-hyunControversy is escalating over whether it was appropriate for a member of a media watchdog to post photos that some argue are “sexually offensive” on his personal blog.Last Wednesday, Park Kyung-sin, one of the nine commissioners at the Korea Communications Standards Commission, posted screen-grabs of photos of multiple male genitals published on other blogs on his own site, asking v
July 27, 2011
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LGE receives U.S. certification for slashing carbon emissions
LG Electronics has received certification from the U.S. for producing carbon-free goods. making headway in the field of environmentally friendly technology, said the Seoul-based company on Tuesday.The certification was from Carbon Fund, one of the leading institutes in the U.S. that provides certification for carbon-free products. LG Electronics is the first Korean company to receive the credentia
Industry July 26, 2011
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IT industry too dependent on smart devices
Electronic dictionaries, MP3 players, navigation being used less frequentlyThe smart device boom may be a blessing for many who now have instant access to everything from emails to the nearest restaurant serving their favorite foods, but smart products also are making electronics companies increasingly lazy. The local IT industry is apparently too heavily dependent on smart devices such as smartph
Industry July 26, 2011
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Outlook grim for top Korean IT firms
Companies fail to lure customers due to lack of killer productsThe nation’s electronics bellwethers are unlikely to give markets the push they need, as they are expected to post lackluster earnings reports for April-June as demand lagged due to a lack of must-have products, industry sources said Monday.Samsung Electronics, the world’s largest memory-chip maker, recently said in an earnings guidanc
Industry July 25, 2011
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LGE runs ‘Optimus 3-D train’
LG Electronics on Monday launched an “on-board” advertisement campaign for its LG Optimus 3-D smartphones by rigging a subway train with related ads and products.The Seoul-based company said the 3-D phones, along with LG Electronics’ 3-D monitors and televisions, would be on display on a train on Subway Line No. 2 until Aug. 21. Models show LG Optimus 3-D smartphones in an “on-board” advertising c
Industry July 25, 2011
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LG Display fails to swing into black in Q2
LG Display failed to swing into the black in the second quarter of this year due to sluggish market conditions but narrowed its operating deficit to 48.3 billion won ($45.6 million) from 23.9 billion won in the previous quarter.Quarterly net profit reached 21.3 billion won, up from the 115.4 billion won deficit it recorded in the first quarter, the Seoul-based display-maker said on Thursday. “We f
Industry July 21, 2011
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Samsung betting big on Galaxy Tab 10.1
Samsung Electronics appeared to be full of confidence as it launched its second-generation tablet PC, the Galaxy Tab 10.1 in Korea on Wednesday at the company’s headquarters in southern Seoul. Shin Jong-kyun, chief of the global electronics company’s mobile business unit, pledged to sell more than five times more tablets than last year, despite the first Galaxy Tab not having sold as well as Samsu
Industry July 20, 2011
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LG Chem logs high sales, Hana Financial profits up
LG Chem, the nation’s leading chemical company, on Wednesday logged record-high quarterly sales of 5.69 trillion won ($5.3 billion) for the second quarter of this year to record a 13.4-percent increase from last year.Operating profit and net profit, however, declined on the back of sluggish market conditions and soaring material costs, the company said. Operating profit stood at 775.4 billion won,
Industry July 20, 2011
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LGE making ripples with water treatment drive
Global electronics maker building reputation to attain industry leadershipLG Electronics is increasing the drive to ratchet up its market share in the water treatment industry, a move considered to be both timely and lucrative due to the mounting concerns for water shortage amid a global initiative to promote eco-friendly growth. “Climate change and environmental pollution are expected to continue
Industry July 20, 2011
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Galaxy S II launched into the skies
Galaxy S II, Samsung Electronics’ second-generation of Android-powered smartphones, will be sent up to 30 kilometers above ground as part of a “Space Balloon” campaign launched at Samsung’s Japan offices, the company said Friday. Attached to a small balloon, the phone will be launched from the Nevada desert in the U.S. from Friday to Monday for two hours each day. Messages posted on Twitter and Fa
Industry July 15, 2011
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Samsung chip lines ‘not linked to cancer’
GIHEUNG, Gyeonggi Province ― Samsung Electronics’ semiconductor manufacturing lines were not responsible for or directly linked to leukemia and related cancers diagnosed in former company employees, a report by an independent agency showed on Thursday. Representatives of Environ, a U.S.-based consultancy specializing in environmental and health issues, announced the results of the study commission
Industry July 14, 2011
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Samsung paying the price with Apple feud: Ahn
Samsung is no match for Apple, IT guru Ahn Cheol-soo said in a recent interview with The Korea Herald, stressing that Samsung is paying the price for failing to create and encourage original platforms. “The vibes we are getting from abroad on the situation are quite different from what we are feeling in Korea,” Ahn said. Apple and Samsung are currently embroiled in a bitter legal dispute over lice
Industry July 13, 2011
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VMware moves closer to customers with new solutions
At the top of VMware’s priorities for Korea, a nation becoming actively engaged in cloud computing, are plans for buttressing the firm’s localization initiative and moving closer to the business of its customers.“We need to get closer to the business of our customers and need to move up much closer, more to the consulting at the business level and become more vertically aligned so that our solutio
Technology July 13, 2011
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