Robust growth expected for memory The global market for memory chips is forecast to grow continuously at least until 2022, according to data by IHS Markit. The market researcher’s recent report showed that the memory market would grow from $115.5 billion in 2019 to $125.9 billion this year, despite high uncertainty in the global economy triggered by the COVID-19 outbreak. The growth is expected to continue for the next two years, reaching $162.4 billion in market value by 2022. As of

With smaller but smart chips and larger batteries, wireless earbuds become seamless and offer immersive sound experiences

Capital spending by global chipmakers is expected to dip 3 percent on-year to $99 billion in 2020, with the industry remaining unscathed by the coronavirus outbreak so far, a market tracker said Friday. The expected decline comes after capital expenditures by Samsung Electronics Co. and other heavyweights fell 3 percent last year, the first on-year drop since 2015, according to IC Insights. Capex by three memory majors -- industry leader Samsung, No. 2 player SK hynix Inc. and US chipmaker Mi

Video streaming giant Netflix has sued local internet network operator SK Broadband, according to industry sources Tuesday. The Korean unit of the US-based firm has reportedly filed a civil suit at the Seoul Central District Court arguing that it is not liable to pay for using SK Broadband’s internet network or other maintenance or upgrade costs. The two companies have been clashing over the issue since last year, as the Korean provider asked the traffic-heavy streaming service to shar

LG Electronics Inc. on Sunday unveiled the name of its new smartphone that is expected to be released in South Korea next month. LG said the upcoming mass-market premium smartphone has been named LG VELVET. The new name comes after the company recently revealed it will no longer use the G series brand. "LG VELVET will be the first device to implement the company's new branding strategy for its mobile devices, moving away from alphanumerical designations in favor of familiar and expressiv

LG Uplus Corp., a major South Korean mobile carrier, said Sunday it has joined hands with a Japanese telecommunication firm and a Taiwanese drone maker to develop smart drone solutions. Under a memorandum of understanding with Japan's KDDI Corp. and Taiwan's Coretronic Intelligent Robotics Corp. (CIRC), LG Uplus will cooperate in the development of a drone control platform. The system is designed to better transmit images or videos recorded by drones to control centers, via LTE or 5G telecomm

Companies that fail to shift their paradigms in terms of safety will fall behind others in the long run, said an executive at SK Innovation, a leading oil refinery and battery maker in South Korea on Friday. Yoo Jae-young, head of safety, health and environment division at the company, said in an internal interview that SK Innovation has turned the latest coronavirus outbreak into an opportunity that has enhanced its workplace environment monitoring system. “The company has stepped up

LG Electronics on Thursday unveiled a render image of its upcoming flagship smartphone that is expected to be more focused on design, after more than a monthlong delay in the wake of the coronavirus outbreak. The released image highlights the design of the rear triple camera module that evokes the image of falling raindrops. The company has nicknamed it as “raindrop” camera, and will be released next month in South Korea. The main camera sits slightly above the surface while

Professor expects stretchable devices to arrive in five to 10 years, forecasts skin-attachable screens in future

Samsung Electronics Co. on Thursday unveiled 5G versions of its mid-range smartphones as the South Korean tech giant aims to boost handset sales amid the novel coronavirus pandemic. The world's largest smartphone vendor introduced the new Galaxy A71 5G and Galaxy A51 5G smartphones, expanding its smartphone lineup that supports the next-generation mobile network. The LTE versions of the Galaxy A71 and the Galaxy A51 were revealed in Indonesia this January and in Vietnam last year, respectiv

KT on Wednesday said that it is still considering options to acquire local cable TV operator D’Live. According to a regulatory filing Wednesday, it is still discussing options of acquiring the cable TV operator, but no details have been confirmed yet. The company added it is current exploring various choices to strengthen its pay TV business. The latest official comment on the acquisition of D’Live came in six months since it showed its intention to purchase the local cable TV op

The world’s two biggest smartphone makers Samsung Electronics and Apple are working on new products with the aim of meeting initially set launch schedules, despite rumors that tech companies are delaying plans amid the global coronavirus pandemic. According to industry sources on Wednesday, Samsung has begun to prepare for the launch event for its Galaxy Note 20 and Galaxy Fold 2 planned for August. Samsung was lucky to hold a flashy event to unveil its Galaxy S20 series and Galaxy Z

KT Corp., a major South Korean telecommunications firm, said Wednesday it has a signed a partnership with a Taiwanese telecoms operator on 5G services and digital content development. Under a memorandum of understanding (MOU) with Far EasTone Telecommunications Co. (FET), KT will collaborate in developing 5G-related solutions. FET, an affiliate of Taiwan's major conglomerate Far Eastern Group, said the business cooperation will help the company become a market leader in 5G services. "

The Korea Research Institute of Chemical Technology on Tuesday announced that it has invented a cold-chain safety sticker that allows one to tell whether frozen food products have been mishandled during delivery. The nanofiber-film sticker, which costs around 120 won (1 cent) to produce, can be used when transporting different types of frozen foods, as well as expensive medicines and medical supplies, the research team said. The cold-chain sticker is designed to indicate how long frozen food

The number of cyberattacks in South Korea spiked in the first quarter this year, due to the number of people working remotely amid the novel coronavirus outbreak, according to SK Infosec on Monday. The nation‘s biggest data security solution provider detected 1.74 million cyberattacks in the first quarter, up 21 percent on-year -- the monthly average reached 0.58 million, up from 0.48 million last year. The company said that there has been a significant increase in hacking attempts a