SK Innovation, locked in a legal battle against domestic rival LG Chem recently, conducted a forensic inspection of its computer systems upon the order of the United States International Trade Commission earlier this month, industry sources said Tuesday. The USITC ordered the firm on Oct. 3 to recover as many as 980 documents that were alleged to have been deleted by the company, the sources said. The South Korean lithium-ion battery maker conducted the examination attended by LG Chem&rsquo

Technology Oct. 22, 2019

Samsung Electronics appears to be preparing to equip some of its upcoming Galaxy smartphones, including the Galaxy S11 series, with rollable displays and rotating cameras, according to news reports Tuesday. The South Korean tech giant filed a patent with the World Intellectual Property Office in April for its combination of a rollable display and a rotating camera module, showed a patent document uncovered by Lets Go Digital based in the Netherlands. The document showed an image of a device with

Technology Oct. 22, 2019

SK hynix, the world’s second-largest memory chip provider, announced Monday it has completed development of the third generation of DDR4 DRAM with the industry’s highest density and power efficiency, along with a plan to start mass production next year. The Korean chipmaker has developed a 16-gigabit DDR4 on 10-nanometer technology process, known as 1Z-nm, with productivity improved from the previous 1Y-nm generation by 27 percent. Considering that 16-gigabit DRAM is the industry&rsq

Technology Oct. 21, 2019

 Samsung Electronics announced late Friday that the tech giant will update its software due to potential security breaches in flagship smartphone models Galaxy S10, S10 Plus, S10 5G and Note 10 next week. The announcement was made in response to recent reports of a case in the United Kingdom in which a user claimed that when her Galaxy S10 screen was covered with a silicon protective case, the device was unlocked with someone else’s fingerprint. The issue involved ultrasonic fing

Technology Oct. 18, 2019

Samsung Electronics said Friday it has launched a new forum in Silicon Valley as part of the efforts to enhance competitiveness of its foundry business. Named as Samsung Advanced Foundry Ecosystem, or SAFE, the forum has been designed to provide an opportunity for Samsung’s partner companies to directly meet with customers and discuss comprehensive design technology infrastructure -- including electronic design automation, intellectual property, cloud, design service, and packaging -- whic

Technology Oct. 18, 2019

Samsung Electronics was ranked sixth among 100 global corporate brands in terms of their value, according to a consulting firm Thursday.  The brand value of South Korea’s tech giant was estimated at $61.1 billion this year, increasing from $59.9 billion last year, according to the list of 100 Best Global Brands announced by US-based Interbrand. Its brand value surged 250 percent from $17.5 billion in 2009.Samsung first entered the list of top 10 brands in 2012, and has been rising ste

Technology Oct. 17, 2019

LG Innotek announced Wednesday the company has developed a communications module for automobiles based on Qualcomm’s 5G chip as the first in the world. The 5G communications module, a combination of a communications chip, memory and radio frequency circuit, is a component that enables transmission of data between a vehicle and 5G base station. The module, as small and slim as a credit card, will enable sharing of real-time traffic information, precise location measurement and communication

Technology Oct. 16, 2019

InterBattery, the country’s biggest trade show for lithium-ion battery makers, kicked off Wednesday for a three-day run, drawing around 100 domestic and foreign companies to showcase their newest energy solutions. South Korea’s three leading battery manufacturers LG Chem, Samsung SDI and SK Innovation took part in the show to boast about their technological prowess by installing sizable exhibition booths that displayed a range of products from small batteries for IT devices and autom

Technology Oct. 16, 2019

The spat over TV technology between South Korean tech giants Samsung and LG has continued online, with Samsung hinting at the burn-in problem of LG’s organic light-emitting diode TVs, according to industry sources on Tuesday. Samsung recently posted a 50-second video clip on its YouTube channel, titled “TV Burn-in Checker.” Burn-in, widely known as a major weakness of OLED TVs, refers to the discoloration of pixels caused by displaying static images due to the characteristics o

Technology Oct. 15, 2019

The third batch of Samsung Galaxy Fold smartphones were set to be released in the Korean market Monday, drawing attention to the total volume of available units. Samsung was to begin taking orders for the foldable gadget on its homepage as well as some e-commerce platforms like 11st, eBay and Coupang at midnight on Sunday, according to the tech giant. The exact volume of the third batch has not been revealed, but industry officials estimate around 10,000 units would be rolled out. According to m

Technology Oct. 13, 2019

Around 200 participants, comprising corporate officials, consultants and economic and legal experts, gathered for The Korea Herald’s Biz Forum on Friday to discuss responding to crises in the face of political and economic uncertainties. From the global economy to climate change, companies around the world are undergoing many kinds of crisis that pose threats to their profitability, public image and future strategies. “Today’s forum was timely planned to provide a place fo

Industry Oct. 11, 2019

조성욱 공정거래위원장이 국내 대기업에 공정 경쟁의 “최소한의 룰을 지켜라”고 강조했다. 조 위원장은 11일 서울시 장충동 신라호텔에서 열린 제2회 코리아헤럴드 비즈 포럼에 참석해 축사에서 향후 공정위의 규제 집행 방향에 대해 밝히며 공정 경쟁을 위반할 시 기업들이 직면하게 될 리스크에 대해 설명했다. 그는 “법적으로 공정위는 과징금을 부과하거나 행정적 제재 뿐 아니라 형사처벌, 민사소송으로 갈 수 있지만 그것보다는 다른 리스크가 있다"며 "이 기업들이 한국에서만 경영하지 않고 해외로 나가고 국제무대로 나간다"는 점을 지적했다.특히 글로벌 대기업에 대해 그는 “우리나라에서 공정경쟁, 이런거로 처벌을 받으면 해외에 나가서 일하기가 힘들다. 소비자들이 어떤 기업이 법을 준수하느냐에 훨씬 더 많은 관심 가진다”고 말했다. 이어 “외국 투자자들도 앞으로 이 부분에 더 많은 관심 가질

한국어판 Oct. 11, 2019

Samsung Display on Thursday announced it will invest a total of 13.1 trillion won ($10.9 billion) in establishing the world’s first production line for quantum dot-based display panels over the next five years. The investment plan that has been highly anticipated by industry watchers makes it official that Samsung will switch from the current liquid crystal display-focused display technology to self-emissive quantum dot technology for large-size displays. President Moon Jae-in added weight

Technology Oct. 10, 2019

Samsung Electronics on Tuesday hinted at a recovery in the memory chip market, as it released its preliminary guidance for third-quarter earnings. Vice Chairman and CEO Kim Ki-nam said he foresees various signs that a recovery in the memory chip market is around the corner. “There are various signals related to the market recovery,” the chief of Samsung’s semiconductors division told The Korea Herald as he arrived at Coex in southern Seoul to attend the Korea Electronics Show 2

Technology Oct. 8, 2019

LG Electronics said Monday it posted its largest-ever third-quarter sales this year, as it released its preliminary guidance for its third-quarter earnings. LG is forecast to post 15.69 trillion won in sales and 781.1 billion won in operating profit for the period between July and September, the company said.  The sales and operating profit both are expected to increase 1.8 percent and 4.3 percent, respectively, from the same period last year. The third-quarter sales marked the greatest amo

Technology Oct. 7, 2019