Koo pledges to create ‘tougher work culture’LAS VEGAS ― Koo Bon-joon’s distress over his new charge, LG Electronics, was palpable throughout the brisk speech he delivered on the sidelines of the world’s largest electronics fair. “Our basics have been significantly undermined,” Koo, vice chairman of the company, said at a briefing to the Korean press while attending the Consumer Electronics Show. R

Working with high-speed data network may be key to success in the tablet spaceLAS VEGAS (AP) ― Big tablets and small tablets, white ones and black ones. Cheap ones and expensive ones. Brand names famous and obscure are at the starting line of a race where the iPad is already a speeding dot on the horizon.It’s impossible to walk the floor at this year’s International Consumer Electronics Show witho

LAS VEGAS ― Internet connectivity in electronic devices was clearly a major theme for this year’s Consumer Electronics Show, according to Gary Shapiro, president and CEO of the Consumer Electronics Association. His organization owns and is responsible for the production of CES, the world’s largest electronics tradeshow held in Las Vegas annually to a bustling crowd of eager buyers. “In terms of tr

Operating profit for 2010 increases 58.1%Samsung Electronics saw its yearly sales reach an all-time high to post 150 trillion won ($133.9 billion), buoyed by marked growth in the field of semiconductor sales. The country’s largest electronics firm said Friday that it recorded 41 trillion won in sales and 3 trillion won in operating profit for the fourth quarter of last year, leading to yearly sale

LAS VEGAS (AP) ― This year, the big national wireless carriers will be racing to stake their claims in the new frontier of service: ultra-fast data access ― for smart phones and laptops as well as for gadgets like tablets.The companies are boosting their wireless data speeds and revving up the marketing hype. They’re moving away from talking about call quality and coverage, and focusing on data sp

Samsung Electronics Co., the world's largest maker of memory chips and liquid-crystal display (LCD) panels, estimated Friday that its operating profit for the October-December period fell below market estimates, as prices of its mainstay memory chips and LCD panels plunged on sluggish demand.    Samsung put its fourth-quarter operating profit at 3 trillion won ($2.67 billion), down 12.8 percent fr

Private-payroll report lifts hopes for more hiring despite skepticism over ADP's dataWASHINGTON (AP) ― Companies added nearly 300,000 jobs in December, according to an unofficial count by a private payroll firm ― more than in any month in the past decade. The news raised hopes that the government’s official report Friday on last month’s job creation could be a blockbuster.While there were reasons

South Korea plans to inject 1 trillion won ($900 million) into developing new and renewable energy sources this year with a plan to achieve $40 billion in exports in the sector by 2015, the Ministry of Knowledge Economy said Thursday.“The move came as we aim to nurture solar and wind power generation as the country’s next chip industry and shipbuilding industry, respectively,” ministry officials s

STX Energy signed an agreement to collaborate in building two coal-fired power plants with the Korea East-West Power Co. on Thursday.Under the agreement, the companies will build two 500 megawatt power plants in Donghae, Gangwon Province with an estimated cost of 2 trillion won ($1.78 billion). The first of the two plants is scheduled to go into operation in December 2014, while the second plant i

Asiana Airlines, the country’s No. 2 air carrier, said on Thursday that it sealed a deal with Airbus to introduce six A380-800 planes by 2017.Starting from 2014, Asiana Airlines will bring in European manufacturer Airbus’ upgraded and environmentally friendly airplane which is planned to be used for long-term routes to the Americas and Europe. A380-800 airplane (Asiana Airlines)“The introduction o