The release of Samsung Electronics‘ Galaxy S22 Ultra showed that its Note era might have just ended, with the S series phones inheriting features that had defined the Note series. Since August 2020, the world’s largest smartphone manufacturer has yet to announce a new Note lineup, with Note 20 and Note 20 Ultra being the last to be released in the decade-long history of the Note series. The virtual Unpacked event held on Thursday (Seoul time) showed that the S22 Ultra -- the highe

Technology Feb. 10, 2022

Cameras that take lens flare-free photos at night, sunlight-readable displays and enhanced durability with tougher and lighter frames: all are included with the newest flagship 5G smartphones unveiled by Samsung Electronics at a virtual Galaxy Unpacked event held late Wednesday, at midnight Seoul time. 　 The world‘s largest smartphone maker by shipments said its premium Galaxy smartphones S22, S22+ and S22 Ultra, as well as the Galaxy Tab S8 tablets, will be available worldwide starting F

Technology Feb. 10, 2022

SK Telecom will push for mergers and acquisitions in the field of metaverse, the telecom firm’s CEO Ryu Young-sang said in an earnings call Wednesday. The remark comes as SK Telecom, which spun off investment affiliate SK Square, is undergoing a period of transition with new growth drivers, with artificial intelligence and metaverse spearheading the trend under a newly established “Aiverse” division. “I’d like to make it very clear that SK Telecom will pursue st

Technology Feb. 9, 2022

Netherlands-based lithography equipment maker ASML is poised to add at least 1,000 more jobs in South Korea by the end of 2029, ASML CEO Peter Wennink said in a conference in Seoul Wednesday. The move will bolster its partnership with Korean semiconductor chip makers, including Samsung Electronics and SK hynix, the key clients for ASML’s extremely expensive lithography machines that are crucial for cutting-edge chip production. “This decade, we will add at least 1,000 people more

Technology Feb. 9, 2022

LG CNS said Tuesday it has signed a strategic agreement with cloud giant Amazon Web Services to expand cloud services for corporate clients. Under the agreement, the two companies aim to meet demand for application modernization, by updating old software and modernizing their computing platform for clients in the fields of finance, manufacturing and e-commerce. Clients will be encouraged to build cloud-native applications independently to optimize their applications on cloud infrastructure pr

Technology Feb. 8, 2022

South Korean telecommunication firm KT announced Monday plans to take part in a new 9,000-kilometer subsea cable project reaching six countries in East Asia and Southeast Asia, as an owner and operator. With the new project, KT aims to meet a growing corporate demand for greater connectivity to achieve digital transformation. KT signed a memorandum of understanding with real estate consulting firm Savills Korea on Monday to launch and operate the submarine cable, connecting six countries --

Technology Feb. 7, 2022

Samsung Electronics said Monday it plans to reuse discarded fishing nets as a new material for its handset devices as part of its sustainability strategy announced earlier this year. According to the South Korean tech giant, the repurposed ocean-bound plastics, also known as “ghost nets,” will be incorporated in Samsung’s new product lineup under its Mobile Experience division, starting with the new Galaxy devices to be unveiled in the Unpacked event on Feb. 9, at 10 a.m. US E

Technology Feb. 7, 2022

Samsung Electronics could see its first labor strike in the tech giant’s five decades of history after wage talks with labor unions fell apart. Despite months of back-and-forth deliberation, representatives of the unionized workers filed for an arbitration to Korea’s National Labor Relations Commission, a government agency under the Labor Ministry, on Friday at 3 p.m. The move pushes Samsung and its four labor unions to reach a wage agreement within 10 days, which could lead to a

Technology Feb. 4, 2022

South Korean communication technology firm KT said Thursday it would join hands with Russia’s Medsi Group to establish health checkup centers in the country, which has been experiencing a lack of access to medical infrastructure for clinical diagnostics. The two companies look to complete a feasibility review of the medical centers in Moscow and Vladivostok within this year, according to KT. The new centers will feature Korean-style health examination services, reflecting Russians‘

Technology Feb. 3, 2022

Samsung Electronics will collaborate with US-based software solutions firm Amdocs to deliver fourth- and fifth-generation private wireless network solutions to boost the connectivity of firms in the United States, according to the company Thursday. The partnership will allow the companies to advance wireless communications such as increasing download speed, and to simplify the deployment of 5G-ready Citizen Broadband Radio Service solutions for industries ranging from education to utilities, m

Technology Feb. 3, 2022

With Samsung Electronics’ Galaxy Unpacked event just a week to go, all eyes are on whether the launch of flagship Galaxy S22 smartphones would be affected by the supply chain bottlenecks. Recent rumors suggested that the smartphones succeeding the S21 lineups -- Galaxy S22, S22 Plus and S22 Ultra -- might be subject to supply side issues, which could delay shipments following the Unpacked event. The marketing materials distributed to mobile carriers in the United States for the S22 and

Technology Feb. 2, 2022

JEONGSEON, Gangwon Province -- New chip technologies could advance to the degree that chips in the future could emulate the human brain in terms of computing speed, density and efficiency, experts said during keynote speeches at the 29th Korean Conference on Semiconductors held in Jeongseon, Gangwon Province Tuesday. However, a technology breakthrough to break the mold is crucial, as achieving large processing capacity and energy efficiency simultaneously is becoming more elusive on the convent

Technology Jan. 31, 2022

LG Electronics saw its home appliance business set a new record in 2021 with revenues jumping 21.7 percent to 27.11 trillion won ($22.92 billion), outstripping the performance of its US rival Whirlpool that showed net sales of $22 billion, its earnings release showed Thursday. The performance of the business -- dedicated to refrigerators, washing machines, air conditioners and hygiene-related products -- drove LG Electronics‘ overall full-year revenue to an all-time high, at 74.72 trilli

Technology Jan. 27, 2022

Samsung Electronics saw revenue of 94.16 trillion won ($78.36 billion) in its semiconductor chip business alone for 2021, up 29 percent from the previous year, its earnings call showed Thursday, beating its US chipmaking rival Intel‘s full-year $74.7 billion in revenue, released a day prior. It was an all-time high sales record from the chipmaking operation by the Suwon, Gyeonggi Province-based tech giant, outdoing the 86.29 trillion won it earned in 2018. Memory chips alone earned 72.6

Technology Jan. 27, 2022

LG Display turned around to profit in 2021 for the first time in three years, buttressed by strong sales of OLED panels for large TV sets, officials said in a conference call Wednesday. The company logged a 2.23 trillion won ($1.86 billion) operating profit for 2021, turning around from 36.47 billion won losses. The figure was slightly lower than the consensus estimate provided by market intelligence firm FnGuide. Its annual sales came to 29.88 trillion won, up 23.1 percent from the previous ye

Technology Jan. 26, 2022