SUPER PREMIUM FRIDGE APPEALS TO KOREAN CONSUMERS -- Samsung Electronics’ high-end refrigerator Family Hub on Wednesday surpassed the 1,000-sales mark in just 20 days since its release in the Korean market. The 837-liter fridge sports a 21.5-inch (54.6 centimeters) display on the right door and three built-in cameras, which allow users to monitor items stored inside.　(Samsung Electronics)

Technology April 25, 2016

LG ROBOT VACUUM CLEANER GAINS SALES TRACTION-- LG Electronics said Monday that its robot vacuum cleaner Roboking has crossed the 400,000 mark since the first model of the autonomous vacuum cleaner was released in Korea in 2003. Roboking, equipped with three cameras and 51 sensors for object detection and voice recognition, can be controlled by a smartphone. (LGE)

Technology April 25, 2016

Samsung Pay, a mobile payment service run by tech giant Samsung Electronics, is making global inroads. The Seoul-based tech behemoth announced Tuesday that it would make its mobile payment system available in Singapore in the second quarter of this year -- the first launch in Southeast Asia -- following the launch of the mobile payment solution in the U.S., China and South Korea last year. A Galaxy S7 Edge user uses mobile payment solution Samsung Pay. (Samsung Electronics)The announcement refle

Technology April 22, 2016

President Park Geun-hye has pledged that the Korean government would make the utmost efforts to keep the nation’s economy strong by beefing up research and development in the information and communications technology and biotechnology sectors.“The government’s creative economy based on development of science technology and ICT is the one-and-only economic growth engine as well as a stepping stone for the nation’s economy to take the next big leap forward,” President Park said in a speech at the

Technology April 21, 2016

  LIGHT AS PAPER -- LG Electronics’ YouTube video featuring a paper replica of the firm’s laptop Gram 15, a 15.6-inch (40-centimeter) laptop weighing just 980 grams, has crossed 3.5 million views. The paper art piece is made only of paper based on the actual design of the laptop. (LGE)

Technology April 21, 2016

LG Chem, South Korea’s leading chemical firm by sales, saw its net profit jump nearly 40 percent on-year in the first three months this year thanks to increased margins in petrochemical raw materials.The firm’s first quarter net profit stood at 338.1 billion won, up 37.3 percent from the same period last year, LG Chem said in its earnings report Thursday.  Park Jin-soo (center) and executives of LG Chem visit one of the firm’s factories in Korea. (Yonhap)Compared to the previous quarter, net pro

Technology April 21, 2016

LG Hausys, a construction materials firm and affiliate of LG Group, said Wednesday it has completed the construction of a factory in the U.S. in Gordon County, Georgia. The factory will produce materials for car seats, door panels and dashboards, collectively often referred to as automotive skins.The opening ceremony for the factory, dubbed “Autoskin Plant,” took place in the U.S. town on Tuesday. LG Hausys president Oh Jang-soo (left) and local state representative John Meadows look at automoti

Technology April 20, 2016

South Korea’s leading mobile game firm Netmarble Games launched “Stone Age,” a new mobile role-playing game, on Tuesday in Seoul.The newly released game features a fictitious, prehistoric world where people resist against industrial revolutions. It is based on a PC online game of the same title, released by Japanese game company Japan System Supply in 1999. Netmarable Games’ new mobile role-playing game “Stone Age.” (Netmarble)Players complete a series of quests, such as winning an one-on-one ba

Technology April 20, 2016

Korean telecommunications companies are desperately seeking ways to overcome breakneck competition in the local mobile network sector.One such effort involves beefing up their media platform businesses, often considered as their future growth engine.On Wednesday, network operator KT joined hands with U.S. filmmaker DreamWorks Animation to provide the latter’s animation content on KT’s IPTV service olleh TV.DreamWorks has produced mega-hit animated movies such as “Shrek,” “Kung Fu Panda,” “How to

Technology April 20, 2016

South Korea’s leading chemical company LG Chem launched a fertilizer affiliate, FarmHannong, on Tuesday after completing months-long acquisition efforts.LG Chem chief executive Park Jin-soo will take helm of FarmHannong, formerly owned by Korean conglomerate Dongbu Group, and stabilize the firm’s businesses, including fertilizers and pesticides, according to the chemical firm.  The logo of fertilizer firm FarmHannong. (LG Chem)Founded in 1953, FarmHannong is a leader in the agricultural chemical

Technology April 19, 2016

Samsung SDI, one of South Korea’s leading battery firms, said Tuesday that it has teamed up with Korea Electric Power Corp. to tap into the global energy storage system markets.The state-run utility firm signed a memorandum of understanding with the Samsung Group affiliate to lead a consortium bidding for global energy projects. As a part of the consortium, SDI will supply its ESS technology for future energy projects.  KEPCO chief executive Cho Hwan-eik (left) poses with Samsung SDI chief execu

Technology April 19, 2016

South Korea’s big three network operators -- SK Telecom, KT, and LG Uplus --on Monday completed their applications to participate in an upcoming spectrum auction, according to the Ministry of Science, ICT and Future Planning Tuesday.A total of five blocks in the 700-megahertz, 1.8-gigahertz, 2.1GHz and 2.6GHz frequencies will be up for sale during the spectrum auction, which is expected to raise at least 2.6 trillion won ($2.3 billion) in total. Executives and officials from network operator LG

Technology April 19, 2016

SAMSUNG-U.N. PARTNERSHIP FOR CHARITY -- Kim Jung-hwan (left), manager of Samsung Electronics’ South America headquarters, poses with Amanda Mukwashi, U.N. volunteers’ knowledge and innovation team leader, after signing an agreement to run support programs together for the underprivileged in South America.　(Samsung Electronics)

Technology April 19, 2016

LG UPLUS SUPPORTS DISABLED -- LG Uplus, Korea’s third-largest mobile carrier, said Monday it would provide its Home Internet of Things services for free to 3,000 households with physically challenged individuals. The services allow users to monitor and control home appliances through smartphones. (LG Uplus)

Technology April 18, 2016

SAMSUNG AD RIDES POPULARITY – Samsung Electronics said Monday that its TV ad for air conditioner Q9500, featuring former figure skating champion Kim Yu-na, has hit 10 million views online in 19 days. (Samsung Electronics)

Technology April 18, 2016