Lee Jae-yong, Chung Euisun meet in Namyang to discuss future mobility

South Korea's leading telecom operator SK Telecom Co. said Tuesday it has partnered with Hewlett Packard Enterprise (HPE) to export its 5G mobile edge computing (MEC) technology. The carrier signed an agreement to form a consortium with the Asia Pacific and South Korea units of HPE to provide the key 5G technology to global telecom operators. The consortium is currently in talks with telecom operators in Malaysia and Thailand and plans to target North American and European markets, according

Samsung Electronics Co. will unveil five new products at its upcoming launch event, the company's mobile business chief said, with a focus on delivering new experiences. In an editorial posted on the company's website on Monday, Roh Tae-moon, who heads Samsung's mobile communications business, said the South Korean tech giant will introduce five new devices at the Galaxy Unpacked event on Aug. 5. For the first time, the event will be broadcasting live from South Korea, according to Samsung.

Naver Corp., South Korea's top internet portal operator, said Monday it is moving its overseas data backup center from Hong Kong to Singapore amid privacy concerns in the Chinese territory. Concerns about leaks of personal information arose after China implemented a new security law in Hong Kong early this month. Naver said it is in the process of changing the host country of backup data servers to Singapore from Hong Kong. "(We) deleted all backup data saved at the center in Hong Kong

LG Display Co., South Korea's major display panel maker, said Monday it will begin to mass-produce OLED panels soon at its factory in Guangzhou, China, after a one-year delay due to the new coronavirus outbreak. LG Display said it is currently producing 8.5 generation OLED panels at the factory on a small scale but will begin mass production soon. The company completed the construction of the factory in August 2019, but its plan to produce the panels was largely held off due to the COVID-19 p

Samsung Electronics has hinted it is planning to unveil its second edition of Galaxy Fold at the upcoming Unpacked event in August, according to a short teaser video uploaded on one of its social network channels. On a Twitter account run by Samsung’s UK office, a video clip featured a drop of rose gold paint transforming into a symmetrical shape assumed to be a butterfly. It also displayed the date of the Galaxy Unpacked event that falls on Aug. 5. The butterfly image previously sym

The South Korean government Sunday expressed hopes to safely bring its newly developed artificial intelligence medical software “Dr. Answer” to local and overseas markets, after it agreed to export the solution to hospitals in Saudi Arabia earlier in the week. Dr. Answer is an AI-enabled software designed to offer doctors accurate medical diagnosis by identifying abnormalities in body fluids and tissues. The software is currently able to diagnose eight diseases, including cancers,

LG Electronics announced Friday that the company’s chief technology officer will join the IFA 2020 press conference as a speaker in September. Although the largest trade show for consumer electronics in Europe is to be held on a smaller scale than in previous years due to the protracted COVID-19 crisis, LG has decided to participate. LG CTO Park Il-pyung is expected to discuss how the South Korean company plans to offer new value to its customers in the era of the new normal, the firm

Samsung Electronics Vice Chairman Lee Jae-yong on Thursday visited Samsung Electro-Mechanics’ manufacturing facility for automotive multilayer ceramic capacitors located in Busan as part of the latest parade of on-site management. It marked the first visit by the Samsung heir since the factory began operation in 2018. Samsung Electro-Mechanics is an affiliate that supplies MLCCs for many of Samsung’s electronic products and camera modules for Galaxy smartphones. MLCC is an ess

Samsung Electronics Vice Chairman Lee Jae-yong and Hyundai Motor Group Executive Vice Chairman Chung Euisun are expected to meet again to hold a second round of discussions on next-generation electric car battery technology, according to news reports Thursday. Lee is likely to visit Hyundai Motor’s research and development institution in Hwaseong, Gyeonggi Province, Tuesday, according to the reports. The visit is being planned in response to Chung’s visit to Samsung SDI’s

Samsung Electronics’ consumer electronics CEO Kim Hyun-suk on Wednesday expressed concerns over trade protectionism in major countries following a downturn in the home appliance market after the COVID-19 pandemic. During a brief meeting with local reporters, the head of Samsung’s consumer electronics said the company will undergo a more difficult situation in the fourth quarter of this year in the aftermath of the pandemic outbreak. “The global economy, consumer sentiment

The ICT Ministry of South Korea on Wednesday announced that the government and the nation’s major telecommunications firms would invest around 25 trillion won ($22 billion) by 2020 to expand the nation’s 5G infrastructure. The agreement came after the meeting between ICT Minister and the leaders of the nation’s three major telecommunications firms, SK Telecom CEO Park Jung-ho, KT CEO Koo Hyun-mo and LG U+ Vice Chairman Ha Hyun-hwoi. During the meeting, ICT Minister Choi stre

LG Electronics has launched a global expert group for the purpose of developing insights on new technologies and discovering new business opportunities, the company announced Tuesday. Chaired by LG’s Chief Technology Officer Park Il-pyung, the expert group dubbed as “Innovation Council” will serve as a body that will bring together 12 tech experts around the world and give them chances to discuss new trends and industrial moves. The members include Robust AI CTO Rodney Br

Samsung Electronics on Tuesday announced its vision for the sixth-generation telecommunications network by releasing a white paper supervised by Vice Chairman Lee Jae-yong. The white paper entitled “The Next Hyper-Connected Experience for All,” outlines Samsung’s vision for 6G, covering various aspects related to the next-generation network system, including technical and societal megatrends, new services, requirements, candidate technologies and an expected timeline of sta

LG Electronics Inc. said Tuesday it has launched a networking group with industry experts to explore future technologies and new business opportunities in a move to boost its digital capability. The South Korean tech firm said the group, named the Innovation Council, is comprised of 12 experts in the fields of artificial intelligence, big data, cloud, robots and mobility. The members of the council include Sri Shivananda, chief technology officer (CTO) at Paypal; Adrian Cockcroft, vice pres