Staffers from SK Telecom and Ericsson demonstrate next-generation small cell technology that reduces network interference between base stations in Stockholm, Tuesday. (SKT)South Korea’s leading mobile carrier SK Telecom and network equipment maker Ericsson gave a demonstration of an advanced small cell technology with super-low latency in Stockholm, Tuesday. The small cell base stations enable network operators to increase coverage more efficiently compared to macrocell base stations -- widely u

Technology June 23, 2015

SMARTPHONE FILM FESTIVAL -- South Korea’s top telecommunications firm KT has started accepting submissions for the 5th olleh International Smartphone Film Festival, an annual event for films shot with smartphones, from July 1-Aug. 17. The film festival, the biggest of its kind in the world, is slated to kick off on Sept. 9. KT SMARTPHONE FILM FESTIVAL -- Movie director Lee Joon-ik (left) and actress Bae Doo-na, both of whom will be on a judging panel for the fifth olleh International Smartphone

Technology June 23, 2015

South Korean tech giant LG Electronics is ratcheting up its marketing efforts to foster its organic light emitting diode TV business with an aim to outpace rivals including Samsung Electronics in the world’s premium TV market.In line with this strategy, LG announced Tuesday that it would join hands with California-based Google to promote LG’s premium OLED TVs.“(Through the joint promotion) LG will have potential consumers experience the superb picture quality and true values of LG’s OLED TVs and

Technology June 23, 2015

SUMMER PROMOTION -- South Korea’s leading mobile carrier KT said Monday it would start a summerlong membership event through which subscribers can receive up to 30 percent off their purchases at partner restaurants, convenient stores, movie theaters and theme parks. (KT)

Technology June 23, 2015

Seoul-based restaurant recommendation service MangoPlate said Monday it has secured 6.7 billion won ($6 million) in funding from a group of global investors led by Qualcomm Ventures, the investment arm of chipmaker Qualcomm.The consortium also includes Softbank Ventures Korea, and YJ Capital, the venture investment unit of Yahoo Japan.The staff of restaurant recommendation service MangoPlate (MangoPlate)With the latest investment, the total amount of funding received by MangoPlate so far has exc

Technology June 22, 2015

Samsung C&T Corp. and Elliott Associates started their legal battle on Friday over the proposed merger between Samsung Group’s construction and trading subsidiary and the U.S. hedge fund.In the first hearing at the Seoul Central District Court on two injunctions the fund company filed last month to block the merger plan, the two sides reiterated their positions.Lawyers representing the U.S. fund claimed that the proposed merger between Cheil Industries, a theme park operator and Samsung’s de fac

Technology June 19, 2015

South Korea’s top mobile carrier SK Telecom is stepping up its efforts to develop future-oriented technologies utilizing the firm’s advanced telecommunications networks.As part of the initiatives to secure a new growth momentum, SKT signed a memorandum of understanding Thursday with Korean robot-maker Robobuilder to develop emergency response and life care robots that support the next-generation 5G telecommunications technology.The two companies agreed to develop remote control systems running o

Technology June 18, 2015

Hanwha Group, South Korea’s leading defense conglomerate, is working on using unmanned aircrafts, or drones, for the fireworks festival it holds every year near its landmark 63 City building in Yeouido, Seoul, industry sources said Wednesday. “Hanwha is a powerhouse of the domestic fireworks industry, and has worked for the past couple of years to add more aesthetic effects to the Seoul International Fireworks Festival with its own drone technology,” said a source close to the matter on conditio

Technology June 17, 2015

Tech giant Samsung Electronics said Wednesday that sales of the firm’s high-end super-ultrahigh definition TV lineup surpassed 10,000 units in the first three months following its launch in February. (Samsung)

Technology June 17, 2015

South Korea’s largest mobile carrier SK Telecom said Tuesday it would work with Ericsson to conduct joint research and development projects for the “Internet of Small Things,” a network that processes small amounts of data. Holding a signing ceremony of a memorandum of understanding in Stockholm Monday, top executives from both firms agreed to develop machine-type communication technologies that allow small devices and sensors to communicate without glitches on a large scale.Since the existing L

Technology June 16, 2015

Facing saturation in the domestic wireless market, South Korean mobile carriers are turning their eyes to the business-to-business market in a bid to find a new growth engine.KT Corp., the country’s second largest wireless carrier, launched a Web portal that allows resellers of its cloud-based business management solution Ucloud Biz to efficiently manage their sales channels.The portal enables the dealers of Ucloud Biz to manage memberships, collect fees and adjust details of offerings on the cl

Technology June 14, 2015

A senior executive of SK C&C, a leading system integration developer in South Korea, said that the company would open the nation’s first online-only Internet bank as early as next year.“SK C&C is currently considering participating in projects to set up Internet banks together with financial institutes, local governments and ICT firms,” said Lee Ki-yeol, executive vice president of the company in a press meeting Tuesday in Seoul.“The Korean market will likely see the first Internet bank next yea

Technology June 10, 2015

Online comic strips, or webtoons, nowadays play a pivotal role in the creation of media content, serving as a reservoir of new ideas for TV shows and movies. Featuring gripping stories with twists and turns and witty, but satirical punchlines, they allow people of all ages and genders to let their hair down while reading.Stories and genres are diverse, ranging from office life and heart-wrenching stories of people having suffered under Japan’s colonial rule to the sweet romance of an elderly cou

Technology June 10, 2015