Lee Chae-sub, a KAIST researcher and policy adviser for South Korea’s Ministry of Science, ICT and Future Planning, is expected to win in the election for the directorship of the ITU Telecommunication Standardization on Friday. The ITU Telecommunication Standardization, or ITU-T ― one of the three bureaus of the U.N.’s specialized agency ITU along with ITU-R and ITU-D ― is in charge of setting technology standards in global ICT industries, such as those for Internet protocol television, informat

Technology Oct. 24, 2014

LG Group held a groundbreaking ceremony for the construction of Korea’s largest research and development cluster in Magok, Seoul, Thursday. The R&D cluster, named LG Science Park, will sit on 170,000 square meters of land, equivalent to 24 football fields, and house 18 R&D centers. The Korean conglomerate expects for the new research complex to create up to 90,000 jobs a year and 24 trillion won ($22.7 billion) worth of production.“LG Science Park, in which LG will invest around 4 trillion won b

Technology Oct. 23, 2014

A leading South Korean biochemistry researcher believes graphene oxide ― oxidized sheets of carbon atoms ― will eventually play a key role in conquering hepatitis C, cancer and genetic diseases.This is mainly because graphene oxide can bind to DNA and RNA molecules and go through cell membranes― making it more convenient for medical uses. “Utilizing graphene oxide in detecting, monitoring and treating hepatitis C is a new approach that would help make a breakthrough in developing drugs for ultim

Technology Oct. 22, 2014

BUSAN ― SK Telecom, South Korea’s No. 1 mobile carrier, proved its prowess in information and communications technology by showcasing smart products and services at the World IT Show, a sideline event of the ITU Plenipotentiary Conference in Busan Wednesday. One of the notable services on display at the WIS was an application platform, WIZTURN, which serves as a map for the exhibition venue at BEXCO. SK Telecom employees introduce a white paper on 5G technology at the firm’s booth at the 5G Glob

Technology Oct. 21, 2014

Lee Sang-chul, the vice chairman of LG Uplus, the third-largest mobile carrier in South Korea, has pledged the telecom firm would be fully prepared for the 5G network era, which heralds massive connectivity and processing complexity. “LG Uplus will put focus on delivering new values, including safety improvement, cost saving, time management and emotional care, to customers in the 5G era,” said Lee in his speech at the ITU Plenipotentiary Conference on Monday. Lee Sang-chul, vice chairman of LG

Technology Oct. 21, 2014

CHICAGO ― John Chambers, the chairman of Cisco, the world’s leading networking company, said manufacturing powerhouses in the IT sector including Samsung Electronics should constantly seek change in order to survive in the Internet of Things era.“Every company, including Cisco, if we don’t change we will get left behind,” said Chambers at a press meeting of the Internet of Things World Forum in Chicago Thursday (local time), responding to a question about the fate of Samsung Electronics, which i

Technology Oct. 17, 2014

CHICAGO ― Busan is preparing to build the so-called second Centum City, a high-end industrial park equipped with smart technology. Centum City is an upscale multipurpose business and shopping district in the port city, featuring around 1,400 companies, including ones in the IT sector, and the world’s biggest department store, Shinsegae. “We are going to renovate the old industrial complex (in Sasang district, west Busan) into the second Centum City, where we will promote convergence between info

Technology Oct. 16, 2014

Sony, one of the world’s leading camera-makers, is expected to grab a huge chunk of the local action camera market as more people are seeking cameras that can adapt to their changing lifestyles, which involve more outdoor activities. Research firms are forecasting sales of up to 32,000 action cameras this year, more than double the annual average of 15,000 so far. To ride the momentum, the Japanese camera-maker released a new compact model called the Action Cam Mini, or the HDR-AZ1, earlier this

Technology Oct. 16, 2014

CHICAGO ― Aiming to take the lead in the era of the Internet of Things, Cisco, a global networking giant, announced new plans on Tuesday to develop the smart technology ecosystem.The steering committee of the Internet of Things World Forum, an annual conference held by Cisco from Tuesday to Thursday in Chicago, unveiled a new IoT Reference Model that is expected to serve as a common framework to help industries accelerate IoT deployments. The reference model consists of seven parts including edu

Technology Oct. 15, 2014

CHICAGO ― Steve Koch, the deputy mayor of Chicago, said the city would make all-out efforts to transform itself into the smartest city in the U.S. and even in the world by embracing cutting-edge Internet of Things technology. “We (Chicago) want to be the center of the industry, where people start companies, where people create jobs and where people create value,” said the deputy mayor in a keynote speech at the Internet of Things World Forum Tuesday.“We want to be the test bed of new technology.

Technology Oct. 15, 2014

Sony, one of the world’s camera powerhouses, said it seeks to climb to the top of the Korean action camera market with its new model the AZ1. Weighing in at 63 grams, the AZ1 is smaller and lighter than previous models. It is also known as the Action Cam Mini, and is resistant to water, dust and impacts.Action cameras have been catching on as more people are looking to take clearer and more vivid digital pictures while enjoying the outdoors. “Action cameras will be more widely used to capture th

Technology Oct. 7, 2014

CrucialTec, one of the world’s leading fingerprint sensor developers, held a promotional event for the Fast IDentification Online Alliance, an international consortium for the standardization of authentication technology, on Monday in Seoul.Monday’s meeting was part of the lead-up to the FIDO Alliance plenary conference, scheduled to be held at CrucialTec’s head office in Bundang, Gyeonggi Province, from Tuesday to Thursday. The meeting is aimed at introducing the FIDO Alliance and its authentic

Technology Oct. 6, 2014

LG Electronics’ organic light-emitting diode TVSouth Korean tech giants Samsung Electronics and LG Electronics have been beefing up partnerships with global firms in their efforts to pursue convergence and innovation.Such collaboration efforts can be seen at the 2014 IFA, the world’s largest consumer electronics fair, which kicked off in Berlin Friday. The two tech firms are showcasing high-tech gadgets that they have codeveloped with their global partners. Samsung worked hand in hand with Oculu

Technology Sept. 5, 2014

SK hynix’s wide IO2 mobile DRAMSK hynix, the world’s second-largest memory chipmaker, said Wednesday that it has successfully developed the industry’s fastest mobile dynamic access memory. The so-called wide input/output 2 DRAM is built on 20-nanometer class fabrication technology and can process 51.2 GB of data per second, making it four times faster than low-power DDR4.The chip manufacturer was able to boost the processing speed by packing 512 units of the I/O, a pathway for data transfer, in

Technology Sept. 3, 2014