Articles by Park Hyung-ki
Park Hyung-ki
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[Weekender] Rapid growth forecast for IoT
As an example of the potential for the Internet of Things, take for instance the mousetrap. It has been a very long time since anyone has built a genuinely better mousetrap.But with the ubiquity of device connectivity these days, it is now possible for the janitorial staff in a commercial warehouse to be notified via smartphone when a mouse has been caught in some dark corner of the building ― and subsequently inform the end-user that it is time to set another trap. In short, IoT can improve eff
Technology May 9, 2014
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[Weekender] All roads lead to in-car technology
Not so long ago, automakers were all about competing to produce and market vehicles with better horsepower and fuel-efficiency.With the Internet of Things coming around the corner, automakers’ focus has shifted from not only introducing cars with powerful engines that consume less gas, but also to dashboards with in-car networks.Automakers are revving up to form an alliance either with Apple, Google or both, following the introductions of their in-car platforms that can be linked with drivers’ i
Technology May 9, 2014
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Samsung SDS’ IPO seen to aid Lee’s inheritance
Samsung SDS’ announcement to launch an initial public offering this year has not only put Samsung family owners and the company’s affiliates, including Samsung C&T and Samsung Everland, under the spotlight, but also a non-Samsung company KCC.The company’s IPO, in what seemed like a move aligned with Samsung chairman Lee Kun-hee’s inheritance plan for his three children, has further boosted the value of Samsung C&T, the group’s construction and trading arm that is the second biggest shareholder o
Technology May 9, 2014
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The good, the bad and the IoT
Governments worldwide are placing big bets on the age of the widespread use of physical objects, infrastructure and systems connected to the Internet, or the Internet of Things.The new era is expected to increase productivity and efficiency across all industrial sectors, but foreshadows a growing security risk stemming from the emerging technology.The Ministry of Science, ICT and Future Planning announced in April that it would develop the IoT industry with the aim of generating 30 trillion won
Technology May 7, 2014
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[Herald Interview] IoT boom in the offing
When Jim Clark, the Silicon Valley entrepreneur who started Netscape, set out to build his high-tech yacht called the Hyperion that could be controlled via sensors connected to a computer network, the market viewed his grand plan as no more than a dream.But the idea that objects and solutions can be connected to and operated through wireless networks is becoming a reality, thanks in part to the emergence of mobile technology.Further progress is needed to prepare for the Internet of Things and ev
Technology May 7, 2014
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Asia agrees to enhance currency swap
ASTANA ― Top financial officials from East Asia agreed last week to further strengthen a multilateral currency swap scheme in an effort to boost the region’s “financial safety net.”Finance ministers and central bank governors from the 10-member Association of Southeast Asian Nations as well as South Korea, Japan and China will continue to develop and expand the so-called Chiang Mai Initiative Multilateralization.“We reaffirm our commitment to further strengthen the CMIM as part of the regional f
May 6, 2014
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Cheil Industries says will mass-produce OLED material
Cheil Industries, Samsung’s electronics materials affiliate, said Monday it would mass-produce a key raw material for organic light-emitting diodes that it has been developing for the past two years.This marks the first time for a Korean company to develop and produce a host material for green phosphorescent organic light-emitting diodes, allowing display pixels to emit green light for improved brightness and power consumption.“We have supplied the material to Samsung Display for Samsung Electro
Technology April 28, 2014
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[Herald Interview] IFA to shift focus back to consumer electronics
BELEK, Turkey ― Jens Heithecker, executive director of the Internationale Funkausstellung, believes the IFA will continue to be the world’s exhibition platform for promoting consumer electronic goods rather than being distracted by other products.“The last International CES trade show was dominated by car manufacturers,” Heithecker told the press, calling it “crazy.”Four of the top 10 participants at the CES held in Las Vegas in January 2013 were automakers. Another four were software manufactur
Technology April 28, 2014
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[Ferry Disaster] Tragedy brings Korea to a standstill
Government offices remained closed on Friday except to conduct search operations and support the Sewol victims and their families.Private companies have also temporary held off or scaled down both internal and external events as the country mourns the latest tragedy, which has brought Korea to a standstill.As the death toll ― mostly teenagers ― from the devastating accident continues to increase, the public outcry and criticism of the government’s lack of regulatory oversight and poor crisis man
Social Affairs April 25, 2014
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Uber launches in Beijing
Uber Technologies, the U.S.-based Silicon Valley start-up, said it has launched its application for smart transportation solutions and services in Beijing.The Chinese capital city is the 100th city in which the company ― backed by Google Ventures and Amazon CEO Jeff Bezos ― has introduced its app since it was founded in 2010.Uber’s mobile app allows passengers to connect with private drivers of sedans for hire via smartphones to pick them up and take them to their destination.“Beijing is the cap
Technology April 25, 2014
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Merck consortium develops new process for OLED production
A consortium led by Merck, a German-based chemicals giant, has developed a new printing process that enables more efficient production of organic light-emitting diodes and solar cells than conventional manufacturing techniques.Merck said that it has completed the development of the printed OLED technology process that will pave the way for the display industry to apply it and roll out “highly specialized applications” such transparent OLEDs.The project, funded by the German Federal Ministry of E
Technology April 25, 2014
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KT aims for comeback with new services
KT, Korea’s second-biggest mobile carrier, said it will introduce new marketing programs with the aim of making its various services easier and more convenient to use by consumers.This comes as the company is about to normalize its operations after a business suspension lasting more than a month due to irregularities over giving excessive telecom subsidies in a bid to attract subscribers. During this hiatus, KT saw more than 120,000 of its subscribers switching carriers, mostly to SK Telecom, Ko
Technology April 24, 2014
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Mobile vs. cinema
The movie industry is facing an uphill battle against new emerging technology that makes home entertainment more attractive for consumers.Smart devices such as smartphones and tablet PCs, as well as smart televisions with quality sound and high resolution, offer the same kind of experience as one could get at movie theaters.Viewers use handsets to download and watch music videos and movies, and a new breed of TVs, including curved ultrahigh-definition sets that can connect with mobile handsets,
Technology April 23, 2014
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Feel and ride the movies
To many movie fans, “300” is a Hollywood blockbuster about an epic battle between the Spartans and the Persians.But for CJ 4DPlex, the number has a different yet significant meaning.For the CJ affiliate, 300 is the number of theaters worldwide in which it hopes to deploy its 4-D technology called 4DX that offers a new experience for moviegoers.“We are going to hit critical mass once our 4-D technology platform is adopted at more than 300 theaters globally by the end of next year,” CJ 4DPlex CEO
Technology April 23, 2014
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Pentagon scientists show off life-size robot
U.S. Defense Secretary Chuck Hagel got a first-hand look at a life-size robot Tuesday that resembles Hollywood’s “Terminator,” the latest experiment by the Pentagon’s hi-tech researchers.But unlike the cinematic version, the hulking Atlas robot is designed not as a warrior but as a humanitarian machine that would rescue victims in the rubble of a natural disaster, officials said. The 187 centimeter Atlas is one of the entrants in a contest designed to produce a man-like life-saver machine, the b
Technology April 23, 2014
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