LAS VEGAS -- Jeong Ho-young, chief executive officer of LG Display -- the world’s largest organic light-emitting diode panel maker -- vowed Monday to put the money-losing company back on track by expanding supplies of OLED panels to growing markets such as transportation and interior. During a press conference held ahead of the opening of the Consumer Electronics Show in Las Vegas, Jeong revealed his target figures for improving the company’s financial status and plans to expand sale

LG, Element AI unveil structured levels of AI experience and their ultimate goal

Korean tech giant declares ‘age of experience’ where people demand more new experiences with seamless devices

Chief executives of Korean companies continue to stand at the Customer Electronics Show’s podium for keynote speeches, offering glimpses into ongoing global trends in the electronics industry. This year, Samsung’s Consumer Electronics division CEO Kim Hyun-suk will deliver his keynote address on enhanced applications of artificial intelligence-powered customer electronics on Tuesday. In 2019, LG’s chief technology officer opened CES 2019 with a speech also centered on consumer

From apartments to hotels, AI accelerates era of non-face-to-face services

Samsung to unveil ‘artificial human,’ new Samsung Bots; LG to introduce new serving robot, connected car platform

LG Electronics said Sunday it will cooperate with Canada-based artificial intelligence startup Element AI for software development to be used in its electronic products and services. The two firms signed a memorandum of understanding during a ceremony held in Las Vegas, US, which was attended by LG’s Chief Technology Officer Park Il-pyung and Element AI CEO Jean-Francois Gagne. Element AI was co-founded by CEO Gagne and professor Yoshua Bengio of the University of Montreal in 2016. Be

From bezel-less 8K TV, AI-equipped home appliances, robots to future mobility solutions, Korean tech giants to show it all

Samsung Electronics will release the sequel to the Galaxy S10 at an event next month. In an invitation sent to media on Sunday, the Korean tech giant said it “will unveil new, innovative devices that will shape the next decade of mobile experiences. The reveal will take place at the Samsung Galaxy Unpacked Event in San Francisco at 11 a.m. on February 11.” Samsung is expected to unveil Galaxy S20, the next iteration in the Galaxy S series, and Galaxy Fold 2, the successor to the

South Korea has started offering super high-speed internet service for the entire country that will allow universal, convenient access to online data, the government said Sunday."High-speed internet has been designated as a universal service that everyone is entitled to receive no matter where they are," the Ministry of Science and ICT said. The ministry said KT Corp., the country's top fixed-line operator has been tasked with providing the infrastructure in places that have not benefi

A South Korean geostationary environmental monitoring satellite that can closely check the movement of fine dust and ocean conditions is being moved to French Guiana ahead of its launch, the government said Sunday.The 3.4-ton Chollian-2B, scheduled to be sent into orbit on Feb. 19, has been placed in a specially built non-vibration shipping container in Daejeon, 164 kilometers south of Seoul, where it was built by the state-run Korea Aerospace Research Institute, the Ministry of Science and ICT

LG Electronics said Friday it will bring two more 8K TV models to the Consumer Electronics Show in Las Vegas next week. The 2020 lineup of LG’s 8K TVs will include a 77-inch organic light-emitting diode TV model, in addition to the current 88-inch OLED model, and a 65-inch NanoCell model, along with the current 75-inch model.LG’s 8K TV models have around 90 percent contrast modulation levels, certified by the Consumer Technology Association, the organizer of CES.  All four model

Samsung Electronics said Friday it will introduce new concepts of home electronics at the Consumer Electronics Show in Las Vegas next week, ranging from a beer fridge to a footwear management system. The South Korean tech giant will unveil three cube-type refrigerators -- Wine Cube, Beer Cube and Beauty Cube, whose names indicate their purpose.  It will also introduce a footwear management system featuring the technology of the company’s clothes care system, Air Dresser.  Under t

South Korea's top two electronics giants -- Samsung Electronics Co. and LG Electronics Inc. -- will lock horns in the field of artificial intelligence at the upcoming tech expo in the United States, industry observers said Friday, as they pin high hopes on the products powered by human-like algorithms. AI is one of the key themes set to draw keen attention at the annual four-day Consumer Electronics Show that kicks off Tuesday in Las Vegas, Nevada, where more than 4,500 firms from around the glo

Samsung Electronics’ de facto leader Lee Jae-yong on Thursday discussed the tech giant’s strategy to utilize the world’s first 3-nanometer process technology for manufacturing chips. Lee visited the company’s semiconductor research and development center in Hwaseong, Gyeonggi Province, as his first official gesture of on-site management in 2020. The Samsung heir discussed the company’s plans to commercialize cutting-edge chips ordered from global customers on the la