The Korea Herald

SK Telecom shares LTE network expertise with Taiwan Mobile

SK Telecom said that executives from Taiwan Mobile visited the Korean company on Tuesday to benchmark its operation of Long Term Evolution technology.Three Taiwan Mobile executives, including chief technology officer Tom Koh, paid a visit to learn not only of SK Telecom’s LTE infrastructure and services, but also its smart learning, e-healthcare and security businesses. The visit came after the two sides signed a memorandum of understanding to form a strategic alliance in telecommunication conve

Technology July 17, 2012

SK Telecom shares LTE network expertise with Taiwan Mobile

LG, Samsung compete on premium refrigerators

LG Electronics is about to duke it out with Samsung Electronics over premium large refrigerators as Korea’s second-largest consumer electronics company is gearing up to launch its new, bigger and better product.LG Electronics said Monday that it will release an all-new four-door fridge brand Dios with a 910-liter storage capacity, the world’s biggest refrigerator, next month.The company added that it will further expand in the global premium fridge markets, signaling a direct challenge against i

Technology July 16, 2012

LG Electronics suspends Olympic ads

LG Electronics, Korea’s second-largest consumer electronics maker, temporarily suspended its television advertisements promoting the company’s Cinema 3-D Smart TV and the London Olympics last week.The company stopped showing its ads for two days after receiving a warning from the Korean Olympic Committee and the International Olympic Committee, according to media reports.Non-Olympic corporate sponsors are not allowed to market their brands or products using the word “Olympic.”LG Electronics’ 3-D

Industry July 15, 2012

Conglomerates’ cash conditions to worsen amid global slowdown

A majority of Korean companies, including blue chips, listed on the stock market, are expected to see their free cash flow decline due to the global economic slowdown, said FNGuide, an online financial information service provider.It has estimated that free cash flow of 98 listed companies will fall to 18.4 trillion won on average this year, or 53.8 percent down from about 40 trillion won at the end of last year.Almost 80 percent of the 98 listed companies will see a drop in their free cash flow

July 15, 2012

Kakao, Samsung Galaxy top IT search on Google

“Kakao Talk” was the most popular information and technology search term on Google in the first half of this year, said Google Korea.Korea’s mobile messenger, used by some 50 million people worldwide, recently made headlines over the announcement of its free mobile Voice over Internet Protocol service Voice Talk.This has led to escalating tension between Kakao and two giant mobile carriers ― SK Telecom and KT, further helping Kakao Talk to be the most searched term on Google, the Korean subsidia

Technology July 12, 2012

LG Display to develop 60-inch flexible OLED

LG Display has been chosen by the government to lead a project to develop transparent and flexible organic light-emitting diode displays.Korea’s second-largest display-panel maker said that it will develop proprietary technology for ultra high-definition, 60-inch flexible OLED displays by 2017 as part of the government’s “Future Flagship Program” to promote next-generation technologies.The company will lead a consortium, which includes Avaco, an equipment maker for display production, for the de

Technology July 11, 2012

Musicshake pushes vision of music-making for all

Samsung, Nexon-backed tech firm Silent Music Band seeks M&A for synergy between music, social networkingMusic has long been considered a field only for professional singers, composers or those who, at least, studied or know how to read and play music.But Blue Yun, the CEO and founder of Silent Music Band, aims to break this conventional thinking by helping consumers, regardless of age, background and experience, understand and create music through its software. This is the main reason the compan

Technology July 11, 2012

Musicshake pushes vision of music-making for all

SK Telecom world’s first in sending 3-D broadcast through LTE network

SK Telecom said Monday that it transmitted 3-D broadcasting content through its Long Term Evolution networks for the first time in the world.In an opening ceremony of the 3-D Media Lab in Sangamdong, Seoul, SK Telecom successfully field-tested the 3-D broadcasting transmission.This marks the first time where media and telecommunications technologies of 3-D broadcasting equipment and LTE networks have been integrated, SK Telecom noted.As 3-D visuals take up a lot more data space than conventional

Technology July 9, 2012

Samsung to post record Q2 profit of W6.7 trillion

Mobile business continues to contribute to growth, analysts saySamsung Electronics, the world’s biggest chip and smartphone maker, is expected to post record earnings in the second quarter of this year.The company estimated that its operating profit will reach about 6.7 trillion won ($5.9 billion) in the months between April and June, up about 79 percent from 3.75 trillion won a year ago. It is likely to post sales of approximately 47 trillion won, up 19 percent from 39.4 trillion won, according

Technology July 6, 2012

Samsung to post record Q2 profit of W6.7 trillion

Samsung Asia’s most valued tech brand

Samsung Electronics, the world’s biggest chip and smartphone maker, has become Asian consumers’ most valued brand, surpassing long-time favorite Sony and Samsung’s closest smartphone rival Apple.Citing a survey of 4,800 people in 12 Asian countries by research firm Nielsen and magazine Campaign Asia-Pacific, U.S. broadcaster CNBC reported that Samsung Electronics has climbed to the top this year, from second place in branding last year. “The brand’s focus on high visibility marketing and adverti

Technology July 6, 2012

SKT succeeds in testing new LTE-Advanced technology

SK Telecom, Korea’s biggest mobile carrier, has successfully tested a new technology for the development of its Long Term Evolution-Advanced, the next generation of 4G LTE.The company said Thursday that it has collaboratively demonstrated the enhanced Inter-Cell Interference Coordination, or eICIC, alongside global communication chip maker Qualcomm and telecommunication equipment maker Nokia Siemens Networks.EICIC, which helps to reduce interference between different layers of long-range and sho

Technology July 5, 2012

LG consortium wins big order for solar project

LG Electronics further eyes solar projects for growthLG Electronics said that it has won a large order to supply its solar modules in a solar plant project in Yeonggwang, South Jeolla Province.Korea’s second-largest consumer electronics company joined a consortium led by its affiliate LG CNS, a system integrator, and won a bid launched by Korea Hydro & Nuclear Power to construct a 10.9-megawatt solar power plant. LG CNS will oversee the construction of the plant, which is planned to be completed

Technology July 5, 2012

LG consortium wins big order for solar project

SKT opens center for cloud computing

Company vows to further strengthen its cloud and big data businessSK Telecom, Korea’s largest mobile carrier, has opened the first center in the country for monitoring cloud computing data and protection systems for enterprises.The company said Wednesday that it has established the cloud monitoring center within its Cloud Data Center in Ilsan, Gyeonggi Province, where it will run 24 hours a day throughout the year.The establishment of the center comes after SK Telecom launched the T Cloud Biz se

Technology July 4, 2012

Visual effects firm looks to U.S. for growth

CTO says SoftBank, Nexon-backed FXGear prefers IPO to takeoverIt is rare in Korea to see a special effects technician with a Ph.D. such as Choi Kwang-jin working on movies or animations.The chief technology officer of FXGear, a Korean visual effects software firm, is the exception in an industry generally seen as beneath those with higher degrees.But the situation is different in the United States. Studios such as Industrial Light & Magic, a special effects house founded by Star Wars producer Ge

Industry July 4, 2012

Visual effects firm looks to U.S. for growth

SKT establishes personal data protection system for customers

SK Telecom, Korea’s largest mobile carrier, has put in place a personal data protection system for consumers subscribing to the company’s mobile network services.The system will be used at some 2,200 nationwide retail stores certified by SK Telecom where customers can sign up for its services or purchase new mobile phones without filling out paper forms.They also can use its security system to request product information or consultation via tablet PCs such as Apple’s iPads or Samsung Electronics

Technology July 3, 2012

Articles by Park Hyung-ki