Debate on when the current boom in semiconductors will peak was refueled Friday, as Korean securities brokerages released lower-than-expected forecasts for Samsung Electronics’ fourth-quarter earnings. IBK Investment & Securities said in a report that Samsung would hit new highs in sales and operating profit in the fourth quarter, but the figures would be less than market expectations. IBK’s analyst Kim Un-ho forecast fourth-quarter sales of the tech titan would reach 65.8 trillion won ($61.2 bi

Industry Dec. 22, 2017

Samsung Electronics said Friday it has won certification for the Samsung ARTIK 05x series of modules from the Open Connectivity Foundation, allowing it to supply the first system-on-modules using the new OCF 1.3 standards for connectivity for the Internet of Things. With the ARTIK 05x series, companies can quickly manufacture Wi-Fi enabled products that meet OCF standards for interoperability and take advantage of connecting with Samsung and other companies’ products with ensured reliability, sa

Technology Dec. 22, 2017

South Korea is witnessing increasing research efforts for artificial intelligence, with the third most patents related to AI technologies after the US and Japan, a survey by a local research institute found Thursday. However, the country’s growth pace and quality of patent applications remain inferior to those of the US and China, the survey added. According to the Institute for Information & Communications Technology Promotion, Korea came in third in terms of the number of AI-related patents th

Technology Dec. 21, 2017

PYEONGCHANG, Gangwon Province – With 50 days until the PyeongChang 2018 Winter Olympic Games, engineers at KT are working hard to ensure a flawless worldwide broadcast of the Olympics.It took 1,000 days for KT, an official telecommunications partner of the Olympics, to establish telecom networks for streaming and broadcasting the games. “In the worst case, if the network for game streaming has some errors, it’s the end of the world, and all games will be stopped,” said Lee Jong-dae, vice preside

Technology Dec. 20, 2017

 황창규 KT 회장이 내년 2월 스페인 바르셀로나에서 열리는 모바일월드콩그레스(MWC)에 참석한다. 　황 회장은 20일 강원도 대관령면 횡계리 의야지마을에서 열린 세계 최초 5G 빌리지(Village) 개소식에 참석해 기자와 만나 내년 MWC 참석에 대해 답했다.   황창규 KT 회장 (코리아헤럴드 송수현 기자)　황 회장은 “매년 참석하는 행사이며 내년에도 변함 없이 참석할 것”이라고 말했다. 　단, 기조연설 여부에 대해서는 아직 정해진 바가 없다고 전했다. 　황 회장은 2015년에 열린 MWC 기조연설에서 세계 최초 5G를 선언해 전세계의 주목을 받았다. 　이후 올림픽 공식 통신 파트너로서 KT는 ‘5G 올림픽,’ ‘ICT 올림픽’을 실현하기 위해 지난 3년 간 네트워크 구축에 공 들여 왔다. 　황 회장은 “평창에서 성공시켜 5G 표준화를 주도하고, 이 5G로 세계를 주도할 것”이며 “5G 안에서 4차 산업혁명 플랫폼 완성하겠다”고 덧붙였다.　그는 “AI, 5G, 블록체인 등 기술

한국어판 Dec. 20, 2017

UK-based Dyson Technology Limited said Monday in an official statement that it will actively deal with a legal process against South Korea’s LG Electronics, claiming that the company’s cordless vacuum cleaner is described in a misleading manner.  LG Electronics` cordless A9 vacuum cleaners. (LG Electronics)“Dyson embraces fair competition but we believe advertising and claims should be accurate and true in order that consumers can make informed choices when they select a product,” the company sa

Technology Dec. 18, 2017

LG전자를 상대로 무선청소기 광고 금지 가처분신청을 낸 다이슨 영국 본사가 18일 첫 공식 입장을 밝혔다. 다이슨 본사는 지난 11월 15일 LG전자의 프리미엄 무선청소기 코드제로 A9에 대한 가처분 신청을 낸 배경에 대하여 “다이슨이 객관적인 시험을 위해 해당 LG A9 제품들을 한국에서 구입 후, 입력과 모터 속도, 필터와 관련된 성능 등 세 가지 항목에  대한 시험을 의뢰하였으며, 모든 시험 기준과 시험 방법 및 시험 환경 또한 해당 시험기관들의 엄격한 기준이 적용되었다”고 밝혔다. 코드제로 A9 (LG)이어 “다이슨은 LG전자 A9 무선청소기의 표시 광고 문구가 위 세 가지 항목과 관련된 성능을 허위로 표기해 소비자들을 오인하고 있다고 판단하여, 서울중앙지방법원에 LG 전자 A9 무선 청소기의 표시 광고 문구에 대한 광고금지 가처분 신청을 내게 되었다”고 밝혔다. 다이슨은 최근 LG전자가 지난 6월 출시한 모터가 위에 달린 무선청소기 코드제로 A9이 과장 및 왜곡된 표현으로

한국어판 Dec. 18, 2017

LG Uplus, South Korea’s third-largest mobile carrier by revenue, on Monday announced its entry into the growing artificial intelligence speaker market in partnership with the country’s No.1 search engine Naver in order to take on bigger players SK Telecom and KT. Naver’s AI platform Clova-based speaker Friends Plus edition will connect to LG Uplus’ set top box for Internet Protocol TV and home Internet of Things services, enabling users to control the mobile carrier’s services with voice command

Technology Dec. 18, 2017

UK-based electronics maker Dyson will soon announce its official stance on the ongoing legal process involving South Korean rival LG Electronics, according to industry sources Sunday. Dyson recently filed an injunction with a Seoul court to ban advertisements of LG’s flagship hand-held stick cleaner Cordzero A9, as market competition intensifies.“It is unprecedented that Dyson’s headquarters filed such legal action in any country,” an agency official in charge of public relations on behalf of th

Technology Dec. 17, 2017

Kim Ki-nam, chief executive officer of Samsung Electronics’ devices solutions business, is expected to discuss measures to find new profit sources, pivoting on non-memory and foundry businesses, for the company’s most lucrative unit at an upcoming strategy meeting, according to the industry on Sunday. Kim is scheduled to hold the “Global Strategy Meeting” on Tuesday, a twice-yearly meeting held in June and December at the company to set new strategies and plans for the upcoming year. Kim was app

Industry Dec. 17, 2017

South Korean conglomerate LG’s second-in-command Vice Chairman Koo Bon-joon on Tuesday said the group will put its top priority on electric vehicle and energy businesses in the next 30 years, with an enhanced focus on business-to-business markets. Koo, the third son of honorary Chairman Koo Cha-kyoung, is currently at the forefront of leading LG’s new businesses that will drive future growth, although his older brother Chairman Koo Bon-moo is at the helm of the group. The younger brother preside

Technology Dec. 13, 2017

LG Group on Tuesday pledged to invest 19 trillion won ($17.4 billion) in new businesses pivoting on electric vehicle parts and next-generation displays, and hire around 10,000 new employees next year in a bilateral meeting with the country’s economy chief Kim Dong-yeon on Tuesday. It was the first one-on-one meeting between the top economy policymaker and a conglomerate leader.The meeting was held Friday at the request of Park Yong-maan, chairman of the Korea Chamber of Commerce and Industry, wh

Industry Dec. 12, 2017

Samsung Electronics continues to make investments in foreign artificial intelligence technology businesses, especially focusing on Chinese firms, according to sources Monday. The South Korean tech behemoth recently invested $20 million in Vion Technologies, a Chinese AI firm specializing in machine vision, in partnership with Swiss automation company ABB, Chinese venture firm Tsing Capital and Hong Kong’s Waterwood, reported a Chinese news outlet. Vion Technologies is an AI solutions and product

Technology Dec. 11, 2017

Samsung Electronics on Tuesday announced that it has begun the mass production of the industry’s first 512-gigabyte embedded Universal Flash Storage solution for use in next-generation mobile devices, using the firm’s latest 64-layer 512-gigabit V-NAND chips. Consisting of eight 64-layer 512-gigabit V-NAND chips and a controller chip all stacked together, the new 512-gigabyte eUFS doubles the density of Samsung’s previous 48-layer V-NAND-based 256-gigabyte eUFS, in the same amount of space as th

Technology Dec. 5, 2017

SC Bank Korea, the Seoul subsidiary of London-based Standard Chartered Group, is putting asset management at the center of its retail finance business. In order to provide universal wealth management services to a wider range of consumers, the bank has secured about 30 additional specialists to the wealth management sector this year. The traditional profit structure of Korean banks is nearly 90 percent reliant on interest margins, but SC aims to break that structure by making 40 percent of its p

Market Dec. 4, 2017