1.4R OLED applied in Galaxy Z Fold2 can fold for 200,000 times

Chairman Seo Jung-jin advises businesses to hold out for 15 months through COVID-19

Samsung Electronics Co. on Wednesday launched new small-size laundry appliances with upgraded artificial intelligence (AI) features to target single-person households and small families. Samsung added a 10-kilogram front-load washer and a 9-kg dryer to its Grande AI laundry lineup in the South Korean market. This is the first time Samsung has introduced a new washing machine with 10-kg capacity in the domestic market since 2014. The tech giant unveiled its Grande AI brand lineup of washing

Kia Motors is set to release seven electric vehicles by 2027 that will use the company’s dedicated EV platform, a move to speed up the transition to EVs in the growing eco-friendly car market. The first model, called CV and built on the Electric Global Modular Platform, or E-GMP, will be released next year, the automaker said Wednesday. Hyundai and Kia will establish the exclusive E-GMP next year. Kia Motors also said it will continue to build a lineup of electric vehicles both on ex

SK Telecom Co., South Korea's top mobile carrier, said Wednesday it launched a cloud gaming service in partnership with Microsoft Corp., joining other telecom operators to compete for the growing local cloud gaming market. The mobile carrier's 5GX Cloud Game service is powered by Microsoft's Xbox Game Pass Ultimate, allowing gamers to stream and play the US tech titan's Xbox console titles on Android smartphones and tablets. Microsoft officially released its cloud gaming service simultaneousl

Korea’s semiconductor exports by country

Samsung Electronics Co.'s share in the global mobile application processor (AP) market dropped in the second quarter of 2020 from a year earlier, a report showed Wednesday, as the South Korean tech giant tries to expand its presence in non-memory business. Samsung, which makes the Exynos chipset, had a 13 percent share in the global mobile AP market in the April-June period, down 3 percentage points from a year ago, sharing the fourth spot with Apple Inc., according to market tracker Counterp

Large South Korean companies have actively engaged in mergers and acquisitions (M&A) this year despite the economic fallout of the coronavirus outbreak, industry data showed Wednesday. Big businesses in Asia's fourth-largest economy spent a combined 11.45 trillion won ($9.7 billion) in 52 M&A cases in the first eights months of this year, according to the data from CEO Score. Big spenders include KB Financial Group Inc., a major South Korean banking group, which took over Prudential L

　South Korean exports of ice cream swelled more than 11 percent in the first eight months of the year despite a slump in the country’s overall overseas shipments, official data showed.  　Overseas shipments of Korean ice cream products came to $47 million in the January-August period, up 11.1 percent from a year earlier, according to the data from the Korea Customs Service. 　The United States was the largest export destination for Korean ice cream, followed by China, Canada, Vi

CALIFORNIA (AP) -- Apple introduced a cheaper version of its smartwatch, its latest attempt to broaden the appeal of its trend-setting products while many consumers are forced to scrimp during the coronavirus pandemic. The scaled-down Apple Watch follows on the heels of a budget iPhone the company released five months ago as the economy cratered and unemployment rates rose above the levels reached during the Great Recession more than a decade ago. Apple also took the wraps off a new high-end

Automaker plans to tap into US hydrogen car market with lineup that includes trailers

Korean drugmakers seek easier access to candidates, hope to facilitate future exports

Hyunday Motor announced the launch of the overhauled version of its bestselling sport utility vehicle Tucson in a world premiere online event Tuesday. It is the fourth generation of the vehicle, released five years after the third generation. The all-new Tucson embraces a new exterior styling of Hyundai’s “sensuous sportiness” design identity, the automaker said. The Tucson‘s identity is emphasized through the “parametric dynamics” with kinetic jewel sur

To celebrate the country’s first Youth Day, Starbucks Coffee Korea said it organized an online event to give out 2,030 tumblers to customers from Tuesday to Friday. The Youth Law implemented from August designates every third Saturday in September as Youth Day. The presidential decree has set Youth Day as a public anniversary to encourage and support the youth and also raise awareness on issues related to young people. This year the day falls on Saturday. Jointly with the Prime Minist

Some voice concern over state electric utility’s control to hurt market competitiveness