Samsung Electronics on Thursday unveiled the world’s first smartphone with four rear cameras, packed with new features to capture moments more effectively. The Galaxy A9 debuted at a launch event held in Kuala Lumpur, Malaysia, highlighting the first rear quad camera built for a world driven by visual communication.  Samsung CEO Koh Dong-jin introduces the Galaxy A9 in Malaysia on Thursday. (Samsung Electronics)“Building on our legacy in smartphone camera development, we’re introducing next-gene

Home shopping and T-commerce companies take advantage of advanced tech in offering unprecedented shopping experience

LS Cable & System signed a contract with Bahrain Electricity and Water Authority for its extra-high voltage cable project worth 142 billion won ($125 million). The project involves setting up a new electrical grid in Bahrain to provide necessary power as part of the government’s efforts to industrialize and urbanize the nation.  (Yonhap)LS Cable & System will be supplying 400-kilovolt extra-high voltage cables and also be in charge of engineering works involving electricity and civil engineering

GS Group said it was sending $200,000 to assist the Indonesian victims of the 7.5-magnitude earthquake and resulting tsunami that devastated the island of Sulawesi last month.The donation, comprising $100,000 from GS Energy and $100,000 from GS Global, will be used to purchase supplies for the relief work and to restore the damaged areas, the group said.“We hope the funds will be helpful for Indonesians who are suffering the devastating impact of the sudden earthquake and tsunami,” said a spokes

Korean IT giant showcases proprietary AI, mapping, location, robotics tech and more at annual developer's conference Deview 2018

South Korean auto parts maker Hyundai Mobis is seeking collaboration with two local startups selected through its M.Start contest in an effort to gain the upper hand in in-demand mobility technologies, the company said Thursday.Genesis Lab and Linkflow were chosen among 155 candidates for their artificial intelligence-based image and voice recognition technologies.“The latest cooperation is aimed at advanced acquisition of innovative technology. Mobis will lead the market by boosting cooperation

South Korean biopharma company Celltrion is on track toward launching its Rituxan biosimilar in the US market, as the drug has obtained the endorsement of the US Food and Drug Administration’s drug advisory committee.Celltrion and its marketing partner Teva Pharmaceutical Industries said Thursday that the US FDA’s Oncologic Drugs Advisory Committee voted unanimously 16-0 to recommend the approval of CT-P10, indicating the drug is highly likely to win the FDA’s final approval. The decision came a

A Seoul court turned down early Thursday a prosecution request for a warrant to arrest Shinhan Financial Group Chairman Cho Yong-byoung, who is suspected of involvement in alleged unfair hiring of new employees. The Seoul Eastern District Court said he presents a low risk of fleeing or destroying evidence, given his social and residential status. (Yonhap)Cho, 61, is accused of having his officials give undue favors to job applicants who were either children or relatives of influential people suc

South Korean aerospace and defense company LIG Nex1 presented its advanced weapons customized for future battlegrounds at a defense exhibition in the US, with the aim of advancing into the world’s largest defense market. LIG Nex1 said it showcased its precise guided missiles and unmanned surface vehicles at the 2018 Annual Meeting & Exposition, which kicked off Monday in Washington. Visitors from the US Army listen to a LIG Nex1 official’s presentation of unmanned surface vehicles at the 2018 An

Amid mounting tensions surrounding US automaker General Motors’ move to separate GM Korea’s research and development center as an independent body, conflict at the local unit is expected to deepen with the union, which is slated to hold a vote on staging a strike over the move.The issue also took center stage at Wednesday’s parliamentary inspection where politicians grilled related government officials and the carmaker.As GM Korea pushes forward its R&D center separation plan that has been in th

President of Estonia Kersti Kaljulaid said Wednesday its e-Residency program has the potential to expedite Korean business entry into the European Union by encouraging applications for the nation’s program that offers foreigners a digitally encrypted and protected identification system.E-Residency refers to a digital identification system that involves blockchain technology without the use of cryptocurrency, so people in and out of Estonia can apply for it regardless of citizenship or location.

South Korean air carrier Asiana Airlines said Wednesday that it has launched a craft beer brand called Asiana. In collaboration with Korea Craft Brewery, Asiana Airlines has developed its own craft beer, which contains 4.7 percent alcohol by volume. It has a fruity scent and deep flavor, the company said.Asiana craft beer is showcased by an Asiana Airlines flight attendant. (Asiana Airlines)Asiana craft beer will be offered at Asiana Airlines’ recently renovated first and business lounge for pas

South Korea’s Ministry of Science and ICT will consider launching a joint government investigation into the tax and network usage fee arrangements of foreign information and communication technology companies such as Google and Facebook. 　During the ministry’s parliamentary audit held at the Gwacheon Government Complex on Wednesday, Science and ICT Minister Yoo Young-min said that it would work with multiple ministries to determine the exact amount of taxes foreign ICT firms pay in Korea, and th

NAVER MOBILE REVAMP — Naver CEO Han Seong-sook speaks during the Naver Connect 2019 conference held in Seoul, Wednesday. During the event, Naver officially announced a series of changes to its mobile site, including changing its starting page to include only a search bar, similar to Google’s website. The news section can be accessed by sliding to the right, where articles curated by artificial intelligence engines will appear. (Yonhap)

VISIT TO BIOTECH PRODUCTION SITE -- South Korea’s Deputy Finance Minister Ko Hyung-kwon (center) looks around a research lab at Celltrion’s headquarters in Songdo, Incheon, Wednesday. His visit to the biopharma company came as part of the ministry’s efforts to meet with on-site biotech industry employees and listen to their opinions, it said. (Yonhap)