Amid mounting controversy over IT solutions firm Samsung SDS’ plan to split its businesses, its chief executive has asked his employees not to be swayed by speculations on the proposal.In posts on the company’s online bulletin board last week, Samsung SDS CEO Chung Yoo-sung told employees to “stay in your position, and continue to carry out your duties.”Samsung SDS CEO Chung Yoo-sung (Samsung SDS)The remarks seemed to be aimed at appeasing employees who could have been agitated by the latest dev

Technology June 7, 2016

LG Electronics said Tuesday that it would be releasing Twin Wash, a front-load washing machine with an optional washer, in 40 nations including Mexico, Colombia, China, Taiwan and Vietnam. (LGE)

Technology June 7, 2016

GUMI, North Gyeongsang Province – The loud rattling and fizzing noises of conveyor belts ferrying TV displays along four assembly lines hailed a group of reporters on a visit to tech giant LG Electronics’ A3 factory in Gumi City, North Gyeongsang Province on Friday. In the middle of the 140-meter long conveyer belts, automated robotic arms were tightening screws and assembling the displays -- organic light-emitting diode, light-emitting diode and liquid crystal displays --with circuit boards and

Technology June 5, 2016

Tech giant Samsung Electronics’ mobile payment solution Samsung Pay has hit the Spanish market, the company said Friday.The contactless payment solution, which works with traditional payment terminals as well as on near-field-communication-based terminals, is already available in South Korea, the United States and China.  A consumer uses Samsung Electronics’ mobile payment solution Samsung Pay. (Yonhap)The launch of the contactless payment solution in Spain marks the first in Europe. “Our goal w

Technology June 3, 2016

Tech giant LG Electronics said Wednesday that it will run a cash-back event for its organic light-emitting diode TV in Korea this month.During the event, LGE will provide 500,000 won ($421) of cash back for purchasers of its 55-inch OLED TV models, which will bring down its price to 3.8 million won.With the cash back scheme, 55-inch and 65-inch curved screen OLED TVs will also be available at 4 million won and 7.9 million won, respectively.Ultra-high definition TVs, fitted with liquid crystal di

Technology June 2, 2016

A group of researchers from Korea and Brazil have developed a kit that can diagnose the Zika virus with just one or two drops of blood, according to the Ministry of Science, ICT and Future Planning on Wednesday. The Zika virus, which can be spread by the Aedes mosquito, has swept through large parts of Latin America in recent months. It is blamed for severe birth defects. The BioNano Health Guard Research Center, a health care research organization under the Science Ministry, health care firm Ge

Technology June 2, 2016

SK Holdings C&C, an information technology services firm, said it plans to accelerate its push to transform into a data service company that provides tailored IT services by utilizing up-to-date artificial intelligence and big data technologies.“The emergence of new technology is accelerating digital transformation and disruption across a wide range of industries,” said Lee Ho-soo, chief technology officer of SK Holdings C&C, at a press meeting in Seoul on Wednesday. SK Holdings C&C’s head offic

Technology June 2, 2016

Telecommunications network operator KT has been trying to bring homegrown network technologies to the global market.In line with such efforts, the Seoul-based telecom firm participated in CommunicAsia 2016, a telecom trade show held through Friday in Singapore, along with some of its partner companies. Jung Seok-keun (first from right), chief executive of Korea Optron, poses with Benjamin Ong, CEO of fiber optic products company Masstron, after signing a contract at the CommunicAsia trade show i

Technology June 2, 2016

LG Electronics’ top executives, including CEO Cho Seong-jin, visit an Ethiopian village, 60 kilometers away from Addis Ababa, as part of the firm’s global corporate social responsibility programs last week. The tech firm has run the support program LG Hope Community there since 2012, helping villagers improve infrastructure and cultivate land.　(LGE)

Technology May 31, 2016

Tech giant Samsung Electronics said Tuesday that it has started mass producing a compact solid-state drive that is three times faster -- but much smaller in size -- than the average SSD product.The new storage product, dubbed the Nonvolatile Memory Express PCle SSD, or NVMe SSD for short, features an extremely compact package containing all essential SSD components, including NAND flash memory, DRAM and controller, while delivering outstanding performance, according to the tech firm.The compact

Technology May 31, 2016

Mobile messenger operator Kakao started its chauffeur service, KakaoDriver, in Korea on Tuesday.Through the KakaoDriver mobile application, subscribers are able to use the chauffeur service, including requesting for the service as well as payment, according to the Korean company. Mobile messenger firm Kakao rolls out chauffeur service KakaoDriver in Korea on Tuesday. (Kakao)Smartphone users can use the service after they accept some terms and conditions and register their credit cards on the app

Technology May 31, 2016

Korean tech giant Samsung Electronics’ television lineup has been recognized as the best TV brand of the year by U.K. consumer magazine Which?, the company said Monday.The consumer magazine, which provides product reviews of consumer electronics, has awarded consumer electronics brands every year since 2007 through a series of rigorous research and product tests. Robert King, an executive at Samsung Electronics’ U.K. branch, receives an award at the best brand award held by U.K. magazine Which?

Technology May 30, 2016

Network operator SK Telecom said Monday that it has completed the installation of Korea’s first network exclusively dedicated to the Internet of Things services across Daegu City.The IoT network, called the long-range wide area network or simply LoRa network, covers the entire city to provide connected services for the public. SK Telecom technicians work on a base station for the long-range wide area network in Daegu City. (SKT)SKT expects the IoT businesses to gain further momentum when the cit

Technology May 30, 2016

Global semiconductor players on Thursday released a joint statement in Seoul agreeing to work together to advance semiconductor technology over the next decades. SK hynix CEO Park Sung-wook (third from right) and other members of the World Semiconductor Council pose after signing the Seoul Declaration to promote the global chip industry`s growth. (KSIA)The representatives from China, Taiwan, the European Union, Japan, the U.S. and Korea gathered on Tuesday at the general meeting of the World Sem

Technology May 27, 2016

Tech giant Samsung Electronics rolled out another film-inspired mobile phone on Friday, continuing its years-long marketing efforts to boost sales of its flagship smartphones through collaboration with filmmakers.This time, the Korean smartphone maker released a Batman-themed smartphone, the Galaxy S7 edge Injustice Edition, in partnership with movie production company Warner Bros. and entertainment firm DC Entertainment, aiming to lure fans of the superhero movie.The release is also aimed at co

Technology May 27, 2016