LG Electronics Inc. said Thursday it will launch a new 5G-running budget smartphone in North America this week as it looks to compete for the growing market for the latest generation network there. The K92 5G -- LG's first budget K Series phone to support the high-speed network -- will first be available in the region Friday (US time) for less than $400, the company said in a statement. Despite the relatively low price tag, LG said the smartphone has a 6.67-inch display that features higher-en

With Intel acquisition, CEO vows to seek balanced business structure between DRAM and NAND

South Korea's three major telecom operators on Tuesday called on the government to hold an auction to redistribute their network spectrum set to expire next year amid controversy over prices. Spectrum for 2G, 3G and 4G LTE networks held by the three -- SK Telecom Co., KT Corp. and LG Uplus Corp. -- are up for redistribution by the government next year. In return, the government wants a price for the redistribution as high as 5.5 trillion won ($4.8 billion), a parliamentary audit showed last m

Korea Advanced Institute of Science and Technology has developed an artificial intelligence-powered tool designed to detect computer-manipulated images, the institution said Tuesday. The new Kaicatch software, developed by the KAIST research team led by professor Lee Heung-kyu, is the nation’s first deepfake detection tool, the institution said. The software is capable of analyzing both images and videos to find artificial changes that might be invisible to the human eye. The team deve

Samsung Electronics announced human-centered artificial intelligence as the direction of its research and development on AI and introduced ongoing projects at its annual AI forum on Tuesday. Sebastian Seung, president and head of Samsung Research, said, “Today’s theme, human-centered AI, is in line with Samsung’s vision to make products and services that further enrich people’s life.” The research chief introduced the institution’s projects in the fields o

South Korean cable maker LS Cable & Systems said on Tuesday that it is ready to begin the mass production of a new optical cable which can “block out hacking.” Using special fiber optics with enhanced coatings, the company explained the new cable is designed to prevent illegal leaks and disturbance. When an optical cable is bent in the shape of a circle, some of the light traveling along it escapes. Hackers then can steal information by connecting hacking devices and intercepti

South Koreans are estimated to have spent over 50 billion minutes on YouTube in September amid the pandemic, a 20 percent jump from a year earlier, data showed Tuesday. Mobile app tracker Wiseapp said the video streaming application was the application most used by the country's 33.7 million Android smartphone users in September at 53.1 billion minutes, compared with 44.3 billion minutes spent on the app the previous year. Wiseapp said the pandemic likely led to increased use of mobile applica

Microsoft Korea Monday announced the launch of mixed-reality headset HoloLens 2 in South Korea, targeting business customers that plan to implement digital transformation. HoloLens 2 is an upgraded version of its mixed-reality headset that uses technology that overlays digital images onto the real world. The latest version of headset was first launched in February 2019. The newest version of mixed-reality headset features a field of view that’s twice as large as the company‘s prev

SK Telecom Co., South Korea's largest mobile carrier, said Monday it has started testing an artificial intelligence (AI) program that can detect dementia by listening to patients' speech. The carrier said it partnered with Seoul National University College of Medicine last year to develop the program to allow early diagnosis of the disease. The two will start testing the program at major hospitals and the country's dementia centers this month to improve the program's accuracy. The AI program

Golfzon, South Korea’s leading screen golf operator, said Friday that it has launched a new version of its indoor golf simulator. The latest version comes with new features that are designed to improve the player experience, according to the company. For instance, it allows players to make changes to putting green soils, which can influence how a golf ball lands and how it rolls on the ground. The users can also adjust the speed of a golf ball rolling on a putting green, according to t

Samsung Electronics Co. on Friday launched a mobile application that allows users to easily locate their misplaced smart devices. SmartThings Find is now available on Samsung's Galaxy devices globally after the service was tested by 6 million users in South Korea, the United States and Britain for about two months, the company said. The South Korean tech giant will provide a new software update for the service on Galaxy smartphones and tablets running Android 8 or later, Galaxy Watch smartwat

Apple Inc. launched its new iPhone 12 in South Korea on Friday, joining the fierce competition for the local 5G phone market. The country's 5G phone market has so far been dominated by local tech giants, such as Samsung Electronics Co. and LG Electronics Inc., but the newest iPhone models -- Apple's first smartphones to support the high-speed network -- are expected to heat up competition. South Korea commercialized the 5G network in April last year as the first in the world. Local telecom o

Lee Seok-hee, the CEO of SK hynix, said Thursday he believes the company's 10.3 trillion won ($9 billion) acquisition of Intel's NAND memory business is not an expensive deal. South Korea's No. 2 chipmaker last week announced it agreed to buy Intel's non-volatile memory unit for $9 billion, including its solid state drive business and a NAND flash chip plant in Dalian, China. If completed, it will be the largest-ever acquisition by a South Korean firm, far exceeding Samsung Electronics's $8 b

CORPORATE PR AWARDS/ GRAND PRIZE SK Telecom By Kim Hee-sup Senior vice president of Public Relation Office What use would it be if the latest technologies mean nothing to your life? SK Telecom believes that the new era should be multifaceted just as taste varies from person to person. The new age with technological innovations should also be the same. SK Telecom aims to bring the age of hyper innovation that fits each and every individual.  SK Telecom is experiencing transformati

Naver posted all-time high quarterly sales in the third quarter this year, the company announced Thursday in its regulatory filing. The sales of Naver in the third quarter reached 1.36 trillion won ($1.2 billion), up by 24.2 percent on-year. Naver’s operating profit during the July-September period also increased by 1.8 percent on-year to reach at 291 billion won. The net profit of Naver also marked 235.3 billion won in the third quarter, surging by 176 percent on-year. The record-hi