LG Uplus, South Korea’s third largest mobile carrier, said Monday that it has inked a supply deal for its smartphone mirroring system for automobiles, Car Link, in Saudi Arabia.The Car Link connects smartphones and car navigation systems, enabling drivers to utilize smartphone functions including surfing the Internet, and making calls, on the navigation systems.  LG Uplus officials pose with the smartphone mirroring solution for automobiles, Car Link, in Seoul on Monday. (LG Uplus)The smartphone

Technology Feb. 23, 2015

Samsung Electronics said Monday it has started mass producing the world’s first 14-nanometer mobile application processor. It hopes the latest chip technology will give the Korean tech giant a competitive edge over rivals such as U.S.-based Qualcomm.According to the company, Samsung's new Exynos 7 Octa has 20 percent more processing power and spends 35 percent less electricity than 20-nanometer processors that have thus far been widely used in the mobile chip market.The latest chip technology al

Technology Feb. 16, 2015

Daum Kakao, South Korea’s leading Web portal and mobile messenger operator, said Thursday that it would make full-fledged efforts this year to increase its presence in the highly competitive mobile platform sector at home and abroad.“In this highly competitive business environment, Daum Kakao will have to make bold investments in new services in the next two years rather than to increase returns to shareholders,” said Choi Se-hoon, the cochief executive of the Internet giant, participating in a

Technology Feb. 12, 2015

Daum Kakao, a leading Web portal and mobile messenger service in South Korea, said Tuesday it would make a foray into the Chinese mobile game publishing market.Established in 2012, Daum Kakao’s mobile platform, Kakao Game, has published more than 600 games developed by 300 game companies, becoming one of the largest mobile game platforms in Korea. Some of the mega-hit mobile games launched through Kakao Game include puzzle game “Anipang” and “Cookie Run,” which features a gingerbread man running

Technology Feb. 11, 2015

LG Display, a leading global panel-maker, is pushing its drive for organic light-emitting diode panels as it plans to invest in constructing additional factory lines at its Paju, Gyeonggi Province, plant this year, according to news reports Wednesday. “LG Display will newly invest around 800 billion won ($729 million) in the E4 production lines for OLED panels in Paju,” Han Sang-beom, chief executive of LG Group’s display business unit, told reporters at a conference held by the Korean governmen

Technology Feb. 11, 2015

SK Telecom, South Korea’s largest mobile carrier, said Tuesday it has completed the development of core technology to be deployed for nationwide emergency networks based on Long Term Evolution.For starters, the mobile network firm said it has secured technology to design and efficiently operate the Public Safety-LTE, which will enable government agencies and rescue responders to communicate with each other during natural and man-made disasters.“SK Telecom, the leading mobile network operator, ha

Technology Feb. 10, 2015

SK hynix, a world-leading semiconductor firm, said Monday it had successfully commercialized its latest 8-gigabit mobile memory chip based on 20-nanometer class technology for the first time ever, posing a challenge to its local rival Samsung Electronics.The low power double data rate 4 (LPDDR4) mobile dynamic random access memory, which boasts an input-output data rate of more than 3,200 Mbps, is twice as fast as the LPDDR3. The latest mobile DRAM is also 30 percent more energy-efficient than i

Technology Feb. 9, 2015

A Samsung Electronics top official said Friday that the company would consider increasing share dividends this year in an apparent move to attract investors amid fierce competition and global economic woes. Co-CEO Kwon Oh-hyun“Samsung Electronics actively executed strategies to enhance value for investors despite the stagnant stock prices in 2014,” co-CEO Kwon Oh-hyun said in a letter sent to investors of the tech giant Thursday. He added that “Samsung would consider increasing share dividends t

Technology Feb. 6, 2015

Samsung Electronics, the world’s largest electronics company, said Thursday it was not targeting high-end consumers, but the mass market.“Samsung is not a luxury brand, but one that is trying to deliver affordable premium values to the masses,” said Kim Hyun-seok, president of Samsung’s TV business unit, at a media conference in Seoul for the launch of the 2015 super-ultrahigh-definition TV lineup.  Kim Hyun-seok, head of Samsung Electronics’ TV business unit, poses with the 2015 SUHD TV lineup

Technology Feb. 5, 2015

There are no permanent friends or enemies in business. This maxim seems to hold true in relations between South Korean game developer NCSoft and its largest shareholder Nexon, which are at odds over management control.Market analysts said the escalating tug of war between the two game firms would benefit foreign investors.“Since most of the foreign investors of NCSoft are fund trustees and hold around a 2 percent share or less, there are few chances for them to take any concerted action in regar

Technology Feb. 4, 2015