SK hynix has delivered samples of its new 1-terabit quadruple-level cell product to major solid-state drive controller companies, according to the firm on Thursday. The product is applied with the firm’s own quadruple-level cell technology based on four-dimensional NAND flash.The Korean chipmaker intends to expand its NAND portfolio to 96-layer-based 1-terabit QLC products in response to the growing next-generation high-density memory market.QLC stores 4 bits of data in one NAND cell, allowing h

Samsung Electronics will soon announce a rescheduled plan for the launch of its Galaxy Fold smartphone in the United States after resolving reported issues involving its main display, CEO Koh Dong-jin said Thursday. The South Korean tech giant’s mobile business chief told The Korea Herald, “(The company) has reviewed the defect caused from substances (that entered the device), and we will reach a conclusion in a couple of days (on the launch).”  Samsung CEO Koh Dong-jin presents Galaxy Fold in F

LG Hausys, a South Korean manufacturer of housing materials, became the first domestic company to acquire certification by the Scientific and Technical Centre for Building (CSTB), the company said Thursday.CSTB is a French national organization that makes assessments of materials in the construction industry. LG Hausys’ HI-MACS, a solid acrylic surface that is widely used for both interiors and building exteriors, was recognized by the CSTB for its durability, the firm said.A villa located in Ca

　South Korea’s top mobile carrier SK Telecom said Wednesday it will join hands with Instagram for digital advertising and online marketing by employing platforms for the 5G cellular network. 　During an event held at SKT’s headquarters in Seoul, the company’s Chief Strategy Officer Ha Hyung-il met with Instagram Vice President Jim Squires to boost their partnership. 　To spread more contents using 5G network, SKT said it will rely on a variety of distinctive features in Instagram. They include Sto

　South Korea’s telecom firms have flagged better-than-expected business outcome during the first quarter of this year, as the companies have witnessed growth in revenue from Internet television services. 　In a statement released Tuesday, SK Telecom said its operating profit came to 323 billion won ($275 million) in the January-March period. It was down 0.9 percent from a year ago, but the decline was much smaller than last year, when profit shrank about 20 percent compared to a year earlier. 　Th

South Korea’s leading tire manufacturer, Hankook Tire Group, has changed the name of its holding company and six major subsidiaries to an integrated branding system under Hankook, the company announced Wednesday.Holding group Hankook Tire Worldwide has changed its name to Hankook Technology Group, while its flagship company Hankook Tire changed to Hankook Tire & Technology. Five other subsidiaries also changed the name to include the word Hankook, such as AtlasBX, a storage battery manufacturer,

South Korea plans to foster 15,000 e-commerce exporters by 2022 with additional infrastructure and financing, amid the rapid growth of e-commerce globally. On Wednesday, the Ministry of Trade, Industry and Energy unveiled plans to help small and medium exporters advance in the global market using online platforms. The plan was jointly announced by the ministries of finance, SMEs and culture. “The local online export market has surged over the past years but there has been a lack of support from

SEOGWIPO, Jeju Island -- Despite differences in market characteristics and environment, businesses engaged in electric vehicle developments in Southeast Asia can grow together through a concerted effort to build regional partnerships on zero emission cars, experts said Tuesday. At an international conference held on the sidelines of the annual International Electric Vehicle Expo, business representatives, scholars and industry observers highlighted the need for raising voices for more private an

Organizers exclude hydrogen vehicles, questioning reliability, public support

With 35 percent of Korea’s total green car registrations, city aspires to have 17,770 EV charging stations by year-end

Ethereum co-founder Joseph Lubin urges South Korea to deregulate blockchain industry

The South Korean government announced Tuesday it had decided to participate in US-led multinational efforts to return astronauts to the moon by 2024 by co-developing devices used for the lunar landing.According to the Ministry of Science and ICT, The Korea Astronomy and Space Science Institute signed a memorandum of understanding with NASA for cooperation on various space programs and exploration platforms.While the unmanned lunar lander will be developed solely by NASA and American companies, t

The number of personal mugs and tumblers used at Starbucks stores nationwide has nearly tripled since the coffee franchise introduced a discount program for users of reusable cups a year ago in accordance with a government-initiated environmental campaign, officials said Tuesday.Starbucks and 15 other coffee franchises signed a voluntary agreement with the Ministry of Environment in May last year to make concerted efforts to reduce the use of disposable plastic cups and increase the use of perso

South Korea’s leading environmental exhibition, the International Exhibition on Environmental Technology & Green Energy, has received UFI certification, the Korea Environmental Preservation Association announced Tuesday.UFI is the French abbreviation for a global association that represents trade show organizers and exhibition center operators. As a UFI-approved international event, ENVEX is now recognized as a high-quality exhibition that provides a secure space for business interactions, KEPA

Korean shipping companies could weather a downturn in the industry by achieving economies of scale through mergers and acquisitions, amid steady growth forecasts for the global cargo market, according to a latest report released by KPMG Samjong Accounting Corp.The Korean shipping industry had ranked fifth in the global market in 2009 on the back of government support, but it dropped to seventh place last year due to continued weak performance and a lack of investments. The industry has been in d