SK hynix CEO Park Sung-wook gives a welcome speech at a reception for the annual meeting of the World Semiconductor Council, a global institute for the world’s semiconductor industry, at the Shraton Grande Walkerhill Hotel in Seoul on Wednesday. Around 100 CEOs and top executives of chip companies, including Samsung Electronics, Intersil and GlobalFoundries, took part in the meeting held at the hotel on Thursday. (SK hynix)

Technology May 26, 2016

Cable TV operator CJ HelloVision said Thursday that it has signed a partnership deal with Vietnamese cable TV firm Saigontourist Cable Television, or SCTV, to export its broadcasting technology to Vietnam. Through the partnership, the Korean cable TV company will introduce its cloud-based broadcasting solutions, gigabit Internet services, UHD TV broadcasting technology and N-Screen -- a service which makes media content available on any digital device -- in Vietnam’s pay TV segment for the next

Technology May 26, 2016

The total number of patents that tech giant Samsung Electronics holds in the U.S. increased by more than fifteen times over the past nine years, according to the company on Thursday.Samsung’s patents registered at the U.S. patent office stood at 38,809 last year, up from 2,457 in 2007. An individual uses Samsung Electronics’ Galaxy S7. (Yonhap)In 2015 alone, Samsung obtained 5,072 patents in the nation, the second highest after tech firm IBM. Since 2006, Samsung has been the second most prolific

Technology May 26, 2016

Samsung Electronics on Wednesday hinted that it might file a counter-suit against Huawei, which has sued the Korean company in the U.S. and China for infringing its technology patents. “We will take countermeasures, including a lawsuit (against Huawei),” Ahn Seong-ho, head of Samsung’s intellectual property division, told reporters after a weekly meeting of Samsung CEOs in Seoul. Samsung Group headquarters (Yonhap)His comment came after the Chinese equipment giant filed patent suits in Californi

Technology May 25, 2016

Fingerprint module maker CrucialTec and smart card firm Kona-I said Wednesday that they have developed a plastic card fitted with a fingerprint module, which the partners said would help beef up the security of financial transactions.The credit card will allow users to directly identify themselves by scanning their fingerprints on the biometric module installed in the 0.84-millimeter plastic card.Fingerprint module maker CrucialTec and smart card firm Kona-I roll out a credit card installed with

Technology May 25, 2016

Network operator KT has joined forces with four local companies to grow the sector for connected bicycles, the company said Wednesday.The network firm and its four partners -- bike-maker Alton Sports, credit card firm BC Card, security firm KT Telecop, and insurance firm Dongbu Insurance -- signed a memorandum of understanding for the initiative in Seoul on the day.They will develop a solution that tracks down the locations of the so-called Internet-of-Things bicycles equipped with alarm sensors

Technology May 25, 2016

Living in a world without language barriers is not a far-fetched idea at all thanks to technological advancement, according to a big data expert in linguistic analysis. “It would be fair to say that translation technology for written language is now fully mature, and translation solutions for written language -- not for spoken language though -- are widely deployed in both the public and private sectors,” said Lea Jong-ho, chief technology officer of Seoul-headquartered translation and interpret

Technology May 25, 2016

Competition to take the lead in standardizing imaging technology in the TV sector intensifies as two groups for different tech standards make all-out marketing efforts to win the race.The HDR technology improves contrast ratio and color accuracy. In layman’s term, it helps TVs generate brightness and darkness better and display more real-life colors.Leading the HDR war are the two tech standards -- HDR10, an open-platform standard adopted by a number of firms including Samsung and Dolby Vision,

Technology May 24, 2016

Korean display-makers Samsung Display and LG Display will flex their technological muscles at SID’s Display Week 2016, an annual trade show to be held from Tuesday to Thursday, in San Francisco.The display business unit of Samsung Group will showcase a host of futuristic products including organic light-emitting diode displays that can be rolled or folded, OLED displays for virtual reality gadgets and vehicles, and hologram technology. Samsung Display will showcase a rollable display at the SID

Technology May 23, 2016

SEOGWIPO, Jejudo Island -- Although Korean animations boast impressive quality, matching those of the U.S. and Japan, the nation lacks large-scale animation studios that have expertise in both production and distribution for the global market.In order to make up for the shortage and vitalize the domestic animation industry, the Ministry of Science, IT and Future Planning and the Jejudo Island government launched the Asia CGI Animation Center, or ACA, an incubation center for animators, in Seogwi

Technology May 20, 2016

Tech giant Samsung Electronics said Wednesday that its mobile payment system Samsung Pay has surpassed the 1 trillion-won ($847 million) mark in transaction volume in South Korea. First launched in the nation in August last year, the mobile payment system which is available on Samsung’s high-end smartphones, including the Galaxy S7 and S7 Edge, has seen constant growth in its number of subscribers due to robust sales of the smartphones. Models pose with Samsung Electronics’ Galaxy S7 smartphones

Technology May 18, 2016

An old habit sometimes becomes an inspiration for inventors or entrepreneurs to make achievements. For John Lee, the chief executive of reward-based mobile advertising platform operator Buzzvil, note-taking is a habit that has long served as a driving force behind his successful entrepreneurship which started early in his life.The CEO, a voluminous note-taker since he was grade school student, keeps more than 3,000 pieces of paper, on which he scribbled down his ideas and thoughts, at his home.J

Technology May 18, 2016

Tech giants Samsung Electronics and LG Electronics are currently showcasing their technical prowess at the World IT Show, an IT trade fair that kicked off in Seoul on Tuesday.Consumers are able to see top-of-the-line products by the two companies during the event, the companies said.Models pose with Samsung Electronics’ virtual reality headset at the firm’s exhibition venue at the World IT Show trade fair that kicked off in Seoul on Tuesday. (Samsung Electronics)The two tech giants are in fierce

Technology May 17, 2016

U.S.-based chipmaker Qualcomm said Tuesday that it has promoted Lee Te-won, the head of Qualcomm Korea’s R&D center as the president of its Korean office.The newly appointed president founded audio solutions start-up SoftMax in 2002, which was acquired by the chip company in 2007. Since the takeover, Lee has been working for the chipmaker’s research and development center.Lee Te-won, new president of the Korean office of U.S. chipmaker QualcommBefore joining Qualcomm, Lee served as a neural comp

Technology May 17, 2016

Samsung SDS and IBM have joined hands to roll out security solutions tailored for energy and utility businesses, the companies said Monday. The strategic alliance is in line with IBM’s efforts to increase its presence in Korea’s security solutions market.Han Sung-won(left), vice president of Samsung SDS’s cybersecurity team, Roman Tuma, the head of the Asian-Pacific sales team of IBM, pose after signing a partnership deal in Seoul on Monday. (IBM)Samsung SDS, which has been producing and managin

Technology May 16, 2016