Revving up for the affordable laptop market amid a pandemic-driven boom in PC sales, Samsung Electronics will introduce new models priced under $350 as early as this month, the company said Thursday. The Galaxy Book Go and the Galaxy Book Go 5G are the newest additions to the tech giant’s notebook lineup powered by Qualcomm’s Snapdragon compute platforms. The latest Galaxy Book Go 5G features the Qualcomm Snapdragon 8cx Gen 2 5G platform, while the LTE version adopts the Qualc

LG Electronics Inc. on Thursday said its open source software management tool is now available to outside developers as the South Korean tech giant eyes to bolster its presence in the software community. LG said the FOSSLight (Free and Open Source Software Light) system, which it has been using since 2014, can now be downloaded for free at its website. Open source software is distributed with its original source code and allows programmers to freely use or modify work. But at the same time,

Samsung Electronics Co. on Thursday unveiled new Galaxy Book laptops as the South Korean tech giant eyes to beef up notebook sales amid the pandemic-driven stay-at-home trend. The Galaxy Book Go and the Galaxy Book Go 5G will be the latest additions to Samsung's notebook portfolio powered by Qualcomm's Snapdragon compute platforms. The Galaxy Book Go 5G is equipped with the Qualcomm Snapdragon 8cx Gen 2 5G platform, while the LTE version is powered by the Qualcomm Snapdragon 7c Gen 2 system.

Apple Inc. facilitated nearly $15 billion in billings and sales in South Korea last year, according to a report released by the company Thursday, unveiling the figure for the country for the first time. The report from the US-based Analysis Group found that Apple's App Store facilitated $14.9 billion in billings and sales in South Korea in 2020, accounting for 2.3 percent of the total global market at $643 billion. The figure covers sales of digital goods and services facilitated by the App St

South Korean pharmaceutical and biotechnology companies are taking the initiative in the messenger RNA vaccine sector in hopes of developing new COVID-19 vaccines and building their capabilities to counter the next pandemic. Samsung Biologics, a major contract manufacturer of drugs, plans to add an mRNA vaccine production line at its facility in Songdo, Incheon, to potentially manufacture ingredients for new mRNA vaccines. ST Pharm, GeneOne Life Science and Hanmi Science are bent on developing

Google has brought a wide range of changes to its service terms starting from Tuesday, which industry sources say would help give a significant boost to its company revenue. Google now allows YouTube to place ads on videos made by all creators -- be they big or small. Previously small content creators who don’t qualify for the company’s partner program couldn’t put ads on their videos. The latest policy change would boost the YouTube Premium membership, which gives ad-free

ONE store, South Korea’s homegrown app market backed by all three mobile carriers, announced Tuesday that it has secured 17 billion won ($15 million) of funding from Microsoft and Deutsche Telekom’s venture capital unit. Of the total, 11.3 billion won will come from Microsoft, while Deutsche Telekom Capital Partners Management GmbH will invest 5.5 billion won to acquire shares in ONE store, which is affiliated with SK Telecom. ONE store will issue 414,900 convertible preferred

Local entertainment giant JTBC Studios said Tuesday it was acquiring an independent US television studio in preparation for a foray into the American market. The deal of an undisclosed amount is the latest in a line of aggressive investments JTBC has made since last year to increase its presence in the global TV market. JTBC Studios said it would engage with the US content maker in the areas of co-production and expanding distribution channels, for example. The company plans to expand to Japa

South Korean cloud data center operators have formed ties with local companies that specialize in chips used in servers in a move to cope with growing semiconductor demand and uncertainty in global supply chains, the ICT ministry said Tuesday. The Ministry of Science and ICT said five data center companies -- Naver Cloud, Douzone Bizon, Kakao Enterprise, NHN and KT -- and the Artificial Intelligence Industry Cluster Agency signed a memorandum of understanding with local server chip companies SK

ONE store, a South Korean app market operator, said Tuesday it received a combined 17 billion won ($15 million) in funding from Microsoft Corp. and the venture capital arm of Deutsche Telekom as it prepares to go public later this year. Microsoft will invest 11.3 billion won in the app market company, a subsidiary under major mobile carrier SK Telecom Co., while Deutsche Telekom Capital Partners will chip in 5.5 billion won, according to ONE store. The move comes after local telecom operators

The number of medical devices produced by local companies has surpassed those imported from other countries for the first time since 2011, according to a report released by the government, Monday. The number of local companies’ medical devices reported to the government last year reached 4,222, accounting for 51.6 percent in the market, according to the Ministry of Food and Drug Safety. The total number of reported medical devices here, including imports, reached 8,183, slightly down fr

LG Electronics is on path to take the crown of the world’s No. 1 home appliance maker by sales, as it continues a stellar performance this year, local analysts predicted. According to market reports from securities companies here, the home appliance and air solution unit of LG Electronics is expected to post record high sales of around nearly 7 trillion won ($6.3 billion) in the second quarter, claiming the world’s top spot in terms of quarterly sales for a second consecutive quar

Naver’s voice-powered AI will call up vaccine recipients in Jeonju, North Jeolla Province, to monitor their health status, the company said Monday. The pilot program, dubbed the COVID-19 AI CareCall Service, has already been deployed in Busan, Seongnam and Suwon. Starting from June 1, calls are expected to reach COVID-19 vaccine recipients aged 75 and above residing in select areas of the city four days after inoculation to check if they are experiencing any adverse effects. If a sy

Celltrion Healthcare, which is in charge of Celltrion‘s overseas business, is expected to launch sales of its adalimumab biosimilar Yuflyma in the European market in June, according to industry sources, Sunday. It will initially be launched in around six European countries, including Spain, the officials said. A Celltrion Healthcare’s official said the company would try to release Yuflyma in Spain by next month, but the schedule can be adjusted. Yuflyma is the world’s firs

Telecommunications provider SK Broadband has been making a host of new changes as part of its effort to speed up the environmental, social and corporate governance, or ESG, management, with a particular focus on reducing carbon emissions. SK Broadband has been replacing old infrastructure, developing energy efficient products, and reducing energy consumption at network stations to match its carbon-emission-free goal. According to company officials Sunday, the telecommunications company has to