Chinese TV makers are set to outperform their South Korean rivals in the global TV market as they have shipped more products in the second quarter amid the COVID-19 impact, according to a market researcher Tuesday. According to UK-based market tracker Omdia, Chinese TV manufacturers are projected to have shipped out 15.14 million units from April to June, much higher than that of Korean tech firms Samsung Electronics and LG Electronics. The domestic manufacturers here are estimated to have

A civilian committee plans to issue a decision next week on whether Lee Jae-yong, the de facto leader of Samsung Group, should be indicted over his alleged involvement in a merger and accounting fraud, informed sources said Monday. The Supreme Prosecutors Office informed Samsung, South Korea's largest conglomerate, of the plan for the panel of outside experts to deliver its verdict on the matter next Friday. Lee earlier called for a public assessment of the validity of the way that state pros

Samsung Electronics Co. on Monday unveiled a special edition of its Galaxy smartphones and earbuds in collaboration with K-pop sensation BTS. The South Korean tech giant introduced the BTS edition of the Galaxy S20 Plus 5G, S20 Plus and the Galaxy Buds Plus. The design of the Galaxy S20 Plus BTS edition highlights a purple glass and metal exterior. It also carries the boy band's logo and purple heart iconography on the back. The BTS edition of the Galaxy S20 Plus will be available in both

Young leaders of Mathpresso bring innovation to math education

South Korean chipmakers are forecast to fare well through the third quarter of this year despite aggravating economic conditions amid the prolonging COVID-19 impact, owing to robust demand for memory chips upon the growing noncontact market, according to industry sources Sunday. The country’s semiconductor exports jumped 22.6 percent from June 1 to 10, compared to a year earlier, according to data by Korea Customs Service. In May, the total semiconductor exports rose 6.6 per

Samsung Electronics Co. enjoyed the highest average selling price (ASP) of its smartphones in six years in the first quarter of the year, driven by robust demand for foldable phones and its flagship smartphones, industry data showed on Sunday. Samsung, the world's largest smartphone maker, sold its smartphones at $292 on average in the January-March period, up 8.5 percent from a year earlier. The first-quarter ASP also marks a 20.7 percent rise from three months earlier, according to data comp

The ICT Ministry of South Korea has approved SK Telecom’s request to end its 2G service, putting an end to the 25-year-old service that helped the country take the lead in the mobile phone industry. The ministry held a media briefing in Seoul on Friday, saying it had approved the termination of the 2G service, citing outdated servers and mechanical failures due to the lack of up-to-date equipment. Upon receiving the approval, SK Telecom said it would wrap up the service s

SK Telecom said Thursday it has signed deals with major tech firms to develop security products for self-driving vehicles, internet of things-devices and smartphones using its new quantum-powered security chipset. Names of the partners were not disclosed. Since 2018, SKT and Switzerland-based ID Quantique have been developing the quantum random number generator (QRNG) chipset for Samsung Electronics’ Galaxy A Quantum, together with fabless Korean company Btree, which specializes in des

Some Samsung Galaxy smartphone users have complained over the unwarranted banner advertisements on default applications like the weather app. Multiple complaints have been posted by users on the Samsung Members site, lamenting about the discomfort of being exposed to banner ads on the weather app in Samsung’s Android-run Galaxy phones. One screenshot posted by a user showed an image of a red pepper ad with the phrase: “Why hot weather brings appetite for sour and spicy food.&rdq

Mark Lippert, former US ambassador to South Korea, was appointed last month as YouTube Asia-Pacific’s public policy chief, Google said Tuesday. Google said Lippert would represent YouTube in the Asia-Pacific region, curate public policy strategy and coordinate communications with local governments, based on his knowledge of the region and years of experience in public policy. Lippert served as ambassador from 2014 to 2017. After surviving a knife attack in Seoul in 2015, he drew praise

Samsung Electronics is highly likely to hold its annual “Unpacked” event for the Galaxy Note lineup online for the first time on Aug. 5 due to the prolonging COVID-19 impact, according to news reports Tuesday. The Galaxy Note Unpacked event is usually held in New York every August. At this year’s event, Samsung is expected to unveil four new gadgets: Galaxy Note 20, Galaxy Fold 2, Galaxy Z Flip 5G and Galaxy Watch 3. The Galaxy Note 20 is forecast to be released in two ve

LG Uplus announced Sunday that it has renewed its contracts with Ubiquoss and Dasan Network Solutions to supply 5G equipment. South Korea’s third-largest mobile carrier will purchase 271 billion won ($224 million) of 5G equipment by May 2023 -- revised from the initial 155 billion-won deal set to expire on November 2021. It will buy about 90 billion won of 5G equipment a year. LG Uplus said the this will increase supplies of equipment for its 10 Gigabits per second 5G network service.

Total components such as display, mobile AP and camera account for less than half retail price

The Fair Trade Commission said Friday it has terminated an investigation into the battle between Samsung Electronics and LG Electronics over the technological competitiveness of their TVs. The antitrust agency said the two companies have decided to drop the case and pledged to refrain from negative marketing.  LG on Wednesday withdrew its complaint filed against Samsung in September, and Samsung followed suit on Thursday. Samsung declined to comment, but the two reportedly have reache

The National Tax Service terminated the business registration of homegrown social networking service Cyworld on May 26, according to industry sources on Thursday. Meanwhile, the ICT Ministry said that Cyworld has not made a report to the NTS of a business termination and that it had expressed willingness to continue the business to the ministry. According to the Telecommunications Business Act, such an internet business is required to report to the ICT Ministry at least 30 days before perman