Calvin Kang. (Park Hyun-koo/The Korea Herald)Uber, a fast-growing car-sharing app based out of Silicon Valley, said it can boost a wider range of transportation choices for consumers, and encourage the local cab industry to improve its services and abolish malpractices such as ride refusals and overcharging.Calvin Kang, general manager of Uber Korea, said that it hopes to convince the Seoul government via a dialogue to see these positive social effects from having Uber maintain operations in the

Technology July 27, 2014

Choi Yang-hee took office as South Korea’s minister of science, ICT and future planning on Wednesday after days of grilling by the political parties regarding his alleged real estate irregularities.The new minister faces a slew of policy issues to mend, resolve and carry out to meet expectations not only of the people and businesses, but also those of the president, who envisioned the ministry to play the lead role in finding the next big technological innovation.His most urgent priority is fine

Technology July 16, 2014

LG CNS CEO Kim Dae-hoon said Monday that the company needs new human resources that can create high value-added solutions and technologies by coming up with good ideas generated from a wide range of knowledge.In a meeting with his new employees at the company’s headquarters in Seoul, the chief executive of the IT solutions provider said it needs “people who can freely use both hands” in this age of smart technology. LG CNS CEO Kim Dae-hoon advises rookies to develop their skills and become versa

Technology July 14, 2014

Whenever the fictional city of Gotham finds itself threatened by thugs, gangsters and psychopathic killers who are too much for its police force to cope with, the helpless city lights a distress signal calling for reinforcement.A man in a dark suit of armor with high-tech military gadgets races to save the city he has unconditionally sworn to protect from further falling into disgrace stemming from rising social injustice and disparity.Batman has been portrayed as a symbol of hope since his ince

July 13, 2014

Samsung Electronics could be moving to introduce an ultrahigh-definition LCD TV using quantum dot technology later this year, said a source familiar with the matter.This comes as the performance of Korea’s largest TV manufacturer and its display affiliate’s next-generation OLED panels and TVs has lagged behind those of their rivals LG Electronics and LG Display.“Samsung Electronics aims to produce UHD QD LCD TVs in small quantities in the fourth quarter of this year,” the source said.“It may hav

Technology July 9, 2014

The fate of mobile phone maker Pantech hangs in the balance as its creditor-led debt restructuring program shows no signs of improvement and the country’s three telecom giants resist joining in the recovery efforts.SK Telecom, KT and LG Uplus were given extra time to consider a proposal by Pantech’s creditors led by the state-run Korea Development Bank. But judging by their comments to the press, they continue to appear uninterested in turning the 180 billion won ($178 million) that Pantech owes

Technology July 8, 2014

Nexon Korea, the country’s biggest online PC game maker, said Tuesday that it would launch more than a dozen games for mobile devices and platforms in the second half of this year in an effort to revitalize its mobile gaming business.In a media event under the theme of “Nexon Smart On” in Seoul, Chung Sang-won, vice president of Nexon Korea, said that although the company is a relative latecomer in mobile games, it seeks to make a leap with 13 games it produced with the company’s partners and su

Technology July 8, 2014

South Korean President Park Geun-hye and Chinese President Xi Jinping reiterated the importance of further expanding the two countries’ strategic partnership that could boost business exchanges and investments via trade.In a meeting with some 500 business leaders and executives from both sides at a forum in Seoul Friday, the Chinese president stressed that China and Korea should “grow side by side through close collaboration.”President Park Geun-hye (front, seventh from right) poses with her Chi

July 4, 2014

Bilateral economic relations between South Korea and China are expected to further strengthen as the two countries will aim to solidify and bolster their ties to boost trade when President Park Geun-hye and President Xi Jinping meet for a summit in Seoul on Thursday.The two sides will engage in talks on a number of economic agenda both countries want to rapidly resolve and implement, according to local industry sources. Korea and China are expected recommit to narrowing their differences over ta

July 2, 2014

LG Chem said Wednesday that it will build a joint venture plant in Nanjing, Jiangsu province, China, to produce lithium-ion batteries for electric vehicles by the end of next year.Officials from South Korea’s largest EV battery maker and Nanjing signed an agreement in Seoul, ahead of Chinese President Xi Jinping’s state visit to Korea.LG Chem will establish the JV plant with two investment companies from Nanjing ― Nanjing Zijin Technology Incubation Special Park Construction Development and Nanj

Technology July 2, 2014