LAS VEGAS ― LG Electronics, the world’s second-largest maker of TVs, appeared to be determined to prove critics wrong by solidifying its position in the global market on all appliance fronts by focusing on premium lineups. “We will try to maintain our leadership over other competitors in the U.S. household appliances market by rolling out leading products and putting more focus on technology innovation,” said Jo Seong-jin, president of LG Electronics’ home appliance company during a press meetin

Technology Jan. 9, 2014

Despite the high expectations for advancements in car technology, namely in the form of autonomous or even unmanned vehicles, global carmakers said it would take at least another 10 years before people could experience such cars in their everyday lives. “Fully autonomous driving cannot be utilized right away due to safety reasons. It will likely remain as a driving assistance system for a while,” said Lee Bong-hwan, executive vice president of Hyundai Mobis, who paid a visit to exhibition booths

Technology Jan. 8, 2014

Chairmen of Korea’s top conglomerates started off the year on Thursday by urging executives and employees to brace for crisis. Samsung Group chairman Lee Kun-hee emphasized that the business behemoth should keep trying to shed old things in running business in order to embrace a new global management system. “To be a leader in an environment that lacks certainty and visibility, we must go beyond the boundaries of current markets and technologies,” Lee said at an opening event for the New Year he

Business Jan. 2, 2014

Expectations are high ahead of the 2014 International CES, which will be held in Las Vegas from Tuesday through Friday, giving tech insiders and enthusiasts a chance to catch a glimpse of the consumer electronics products that will shape trends in the coming year.The Internet of Things (IoT), the world’s largest ultra-HD TVs and wearable devices will receive much attention at this year’s show.Smart homes that talk your languageAt the center of IoT, which enables users to connect to gadgets and o

Technology Jan. 1, 2014

Moguls of Korea’s major electronics businesses plan to participate in the 2014 International CES in Las Vegas, one of the largest consumer electronics trade shows in the world, early next month. Participants are expected to learn of the latest trends in global electronics and to seek opportunities to beef up networks with global electronics vendors and retailers at the Jan. 7-10 event.Samsung Electronics’ consumer electronics chief Yoon Boo-keun and mobile unit chief Shin Jong-kyun are to lead t

Technology Dec. 29, 2013

Technology Dec. 29, 2013

A leading Korean chemistry researcher has predicted that the era of truly flexible organic light-emitting diode displays will come as early as next year as major electronics firms plan to churn out a slew of smart devices that can be folded and rolled up.“Consumers will likely see various types of flexible or bendable displays applied to smartphones and wearable gadgets,” Kim Yun-hi, a chemistry professor at Gyeongsang National University in Jinju, South Gyeongsang Province, told The Korea Heral

Technology Dec. 18, 2013

The results are based on the surveys conducted at mobile shops in 15 countries from June 20-30, and from Oct. 1-10.

Technology Dec. 15, 2013

Hundreds of executives from Samsung Electronics are scheduled to gather in Suwon and Gihueng, Gyeonggi Province, this week to participate in a series of conferences for next year’s business strategies. Top executives, including chairman Lee Kun-hee’s son Jay-yong, will have a lot on their plates as they are pressed to come up with strategic measures to weather challenges such as the saturated smartphone market and sluggish world economy, according to market watchers.“The executives at home and a

Technology Dec. 15, 2013

President Park Geun-hye vowed Thursday that her government would establish centers across the nation to foster creative ideas of the public and further promote the creative economy initiative. “The government will set up the actual creative economy towns along with one online, where people can share and cooperate to work on creative ideas,” President Park said at the opening ceremony of Creative Korea 2013, jointly hosted by the Ministry of Science, ICT and Future Planning and Korea’s major busi

Technology Dec. 12, 2013