LG CNS said Tuesday it is teaming up with US-based Evernym to develop blockchain-based digital identification solution. Based in Salt Lake City, the US firm specializes in developing decentralized identifier (DID) solutions. DID technology can be used to verify identities of individuals, vehicles and other entities through an online network. DID solutions, which utilize blockchain technology, are also considered more secure than existing identification systems based on centralized registrati

Samsung Electronics on Tuesday unveiled a security solution with the highest level of protection, eyeing the growing non-contact services market. The standalone turnkey security solution is comprised of a secure element chip and enhanced security software that offers protection for tasks such as booting, isolated storage, mobile payment and other applications. Smart device makers will not need to develop their own security programs if the devices are equipped with the Samsung solution, the co

This weekend, Samsung Electronics will conduct its first-ever online aptitude test for entry-level job applicants, due to the coronavirus pandemic, the company said Tuesday. Known as Global Samsung Aptitude Test or GSAT, the exam is required for all applicants who have passed document screening. The test used to take place physically at middle and high schools during weekends. On Tuesday, the company sent kits needed for the first online test via mail. The kits included a cover for an ide

They may look like Bluetooth neckband headsets, but Linkflow’s FITT360 and NEXX360 are cameras that allow users to capture 360-degree shots of their surroundings. FITT360 and NEXX360 each have four cameras which constantly take photos and instantaneously process them into 360-degree videos. This camera concept was born out of founder Kim Yong-kuk’s romantic desire to capture the beautiful scenery of his honeymoon in Hawaii in all its glory.  Kim, who had at that point had

South Korea’s chipmakers are again on edge over the second round of technology war between the United States and China involving semiconductors, according to industry sources Monday. Although the flagship businesses of Samsung Electronics and SK hynix pivot on memory products, which aren’t yet subject to the new US sanctions on China’s tech giant Huawei Technologies, worries are growing over the their dependence on US technologies broadly applied to the comprehensive proces

LS Cable & System said Monday its photovoltaic cable has received international standard certification from Germany’s TUV SUD, a global certification authority. TUV SUD assessed that LS C&S’ 1,500 voltage direct current solar cables conform to functions and safety standards of International Electrotechnical Commission and European Standards, according to the cable maker. The firm expects the certification to serve as an opportunity to expand not only in the domestic marke

To help search for missing children, the Korea Post said Sunday that some of the parcel tape it provides for mail packages will bear information about missing children and QR codes linked to the National Police Agency. The agency will start with tapes printed with photos and descriptions of 28 children. QR codes printed alongside the information will be useful if anyone wishes to make a report. It also links to a service where one can register fingerprints of their children in case of emergenc

South Korean telecom firm KT said Sunday it has rolled out a warehouse automation solution that utilizes 5G networks and self-driving vehicles. The company has been running the solution at its warehouse located in Goyang, Gyeonggi Province. It comprises of two types of self-driving warehouse carts, designed to carry large amounts of materials on their own, or to follow staff who maintain the inventory, and also comes with a computerized system that collects real-time data, through which worke

Samsung Electronics has sent around 300 semiconductor engineers to Xian, China, to accelerate the work to expand the second NAND flash line there, the company said Friday. The workforce departed from Incheon International Airport Friday morning through the fast-track corridor allowed for businesses under an agreement between the South Korean and Chinese governments. Samsung has sent the engineers just five days after its de facto leader Lee Jae-yong visited the plant in addition to some 20

Samsung Electronics unveiled this year’s Lifestyle TV lineup, led by the first outdoor QLED 4K TV The Terrace, through an online showcase amid the prolonging COVID-19 impact, the company said Friday. Samsung showcased The Terrace, featuring ultra-bright picture quality, as the latest Lifestyle TV model that will provide new viewing experiences for users outside. Samsung says it is designed to bring the full indoor entertainment experience outside. The Terrace offers a crystal-clear

KT CEO Koo Hyun-mo on Wednesday met with representatives of venture capital firms, urging them to look into new opportunities to prepare for the post-coronavirus era, the firm said Thursday. Speaking during a seminar hosted by the telecommunications firm, Koo discussed some new business areas -- online education solutions, telecommuting platforms, telemedicine and others -- where the new coronavirus had strengthened demand. Some 40 executives from up-and-coming venture capital companies were

Korea Aerospace Industries Association said Thursday it has appointed former external cooperation advisor of Gangwon Province Joung Kyung-hwan as its new vice chairman. Joung was a strategic advisor to President Moon Jae-in’s presidential election campaign committee from September 2016 to March 2017. He also headed the message team for three months when President Moon made his first presidential bid in 2012. Previously in 2002, Joung was credited for aiding late President Roh Moo-hyun

LG Electronics Inc. on Thursday introduced a new budget smartphone as the South Korean tech firm seeks to overcome a long slump in its mobile business. LG said the Q61 will go on sale in South Korea on May 29 with a price tag of 369,600 won ($300). The handset made its debut in the South American market earlier this month. The Q61 will be released in the North American market next month as well, according to LG Electronics. The Q61 comes with a quad rear camera setup. It houses a 48-megap

Investment worth W10tr to add momentum on Samsung’s 2030 system-on-chip vision

Samsung Display, one of the largest screen manufacturers in the world, said Wednesday that it has temporarily suspended construction at an industrial complex in South Korea amid market uncertainty caused by the novel coronavirus. The company said it halted work on the second plant area at the Tangjeong 2 complex in Asan, 90 kilometers south of Seoul. "The COVID-19 pandemic has made it necessary for changes in the construction schedule as the business environment is changing rapidly,"