CSLi, South Korea’s multilingual translation engine, announced Tuesday that it has acquired SYSTRAN, a France-based machine translation tech company.Rechristening itself SYSTRAN International, the tech firm said the acquisition was part of efforts to boost its competitive edge over IT giants such as Google and Microsoft.“We took over the French firm in a bid to beat the global No. 1 Google’s translation service,” said Kim Dong-pil, vice president of SYSTRAN International, at a press conference i

Industry May 27, 2014

Rumors are rising that Kakao, the nation’s top mobile messenger provider, and Daum Communications, the nation’s second-largest Internet portal company, are again seeking a tie-up.According to sources in the investment banking industry, the boards of the two tech giants met last Friday to discuss a possible merger through a stock swap.“The deal could offer a new business opportunity to the both companies,” an anonymous stock analyst said.Daum Communications has been seeking to go mobile as a way

Industry May 25, 2014

Samsung Electronics is considering joining Qualcomm’s AllJoyn project, but there is some debate over the possibility as Samsung is currently developing its own Internet of Things platform, industry watchers said Wednesday. AllJoyn is an open-source platform that allows all smart devices ― regardless of brand ― to recognize each other and share information. Simply put, Samsung and LG’s smart home appliances and electronics can become compatible through this communication protocol. The platform, w

Industry May 22, 2014

Concentrix, a global business process outsourcing company, plans to double its sales and staff in South Korea over the next three years as local companies’ demand for administrative processing will increase as they expand globally.“We are very excited to tap into the Korean market, where a number of global industry players are located,” said Christopher Caldwell, president of Concentrix, in a recent interview with The Korea Herald.“Most of our business in Korea will focus on (providing services

Industry May 19, 2014

A Samsung official enters the group’s main office in southern Seoul on Wednesday. (Yonhap)Samsung Electronics made an official apology to leukemia patients and their families for the first time since the issue emerged in 2007. “Samsung has neglected pains and difficulties of the victims and their families. We offer our sincere apologies to them for not resolving the problem earlier,” said Samsung Electronics CEO Kwon Oh- hyun, holding an extraordinary news conference at its Seoul office on Wedne

Industry May 14, 2014

이건희 회장 (연합)삼성그룹 이건희 회장이 11일 새벽 삼성서울병원에서 급성 심근경색으로 스텐트(stent) 삽입 시술을 받은 것으로 알려진 가운데 지난 4월 미국과 일본 출장을 마치고 귀국한 후에도 간단한 심장 수술을 받은 것으로 밝혀졌다. 익명을 요구한 한 삼성 관계자는 이건희 회장이 4월 17일 귀국 후 삼성서울병원에서 간단한 심장 수술을 받은 바 있다고 코리아헤럴드에 밝혔다. 그는 정확한 수술 날짜 관련해서는 함구했다. 최근 심장 수술과 오늘 새벽 스탠트 시술은 국내 최대 기업을 이끌고 있는 이건희 회장의 건강 문제가 심각하다는 우려를 재점화시키고 있다.  삼성 미래전략실은 이에 대해 이건희 회장이 귀국 후 심장관련 수술을 받은 적이 없다며 부인했다. 삼성 측에 따르면 이 회장은 10일 밤 갑작스런 호흡곤란으로 서울 한남동 자택 인근 순천향대학병원에 입원해 심폐소생술을 받은 뒤 삼성서울병원으로 옮겨져 스탠트 시술을 받았다. 순천향대학병원 입원 당시 이 회장은 자가 호흡에 문제

한국어판 May 11, 2014

The global smart car market is expected to grow 7 percent each year by 2018, around double the automotive market growth of 3.5 percent during the same period, according to a recent report published by KDB Research Institute.The market hit around 230 trillion won ($224 billion) in 2013. Smart cars are connected vehicles which provide more safety and convenience with electronics and communications technology. Recently, governments and global industries have been fostering the industry as a new gro

Industry May 7, 2014

Chinese smartphone companies have been growing rapidly in recent years, becoming a threat to Korean handset makers such as Samsung Electronics and LG Electronics.Chinese companies accounted for more than 20 percent of the global smartphone market last year, a sharp jump from 8 percent in 2010, according to global research firm Strategy Analytics. “Chinese companies’ patterns of growth have been quite similar (to each other). They have made handsome profits in their domestic market, invested in g

Technology May 6, 2014

Samsung Electronics and LG Electronics are gearing up for a battle over high-resolution smartphone displays next month. Samsung is set to unveil its 5.2-inch Galaxy S5 Prime with a quad high-definition (2560x1440) display in June, according to recent media reports. “Samsung Electronics was supposed to use a QHD display for its Galaxy S5, but it failed due to the high cost. As the Galaxy S5 Prime will be rolled out in small quantities, it is highly likely that QHD will be adopted,” said an anonym

Industry May 2, 2014

SK hynix, the world’s second-largest memory chipmaker, said Thursday its mobile DRAM products received certification from the Environment Ministry for their low-carbon footprint. The low-carbon product certification is given to products that meet the government’s standards of carbon emissions generated during the production process.  SK hynix said it lowered the carbon emissions by reducing the steam usage through the optimization of the heating, ventilation and air conditioning system. The amou

Industry May 1, 2014

The importance of English communication and presentation skills can no longer be underestimated in the modern business market. When Job Korea, the nation’s largest recruiting firm, surveyed around 300 employees and job seekers, half of them said improving English communication skills was what they needed to do most to jumpstart their career. They said it was more important than gaining knowledge in their professional fields or having certificates. This reflects globalization in Korean companies,

National April 30, 2014