The Consumer Electronics Show -- the world’s largest annual tech event -- is usually a platform to showcase next-generation TVs, refrigerators and washing machines, but the latest edition will see brand new smartphones in the limelight, according to industry sources Monday. CES 2020 that will kick off in Las Vegas on Jan. 7 and is slated to offer a glimpse of future smartphones, which will make their first appearances at the show. 　Led by Samsung Electronics and LG Electronics, around 400

Nexon said Sunday its latest mobile role-playing game V4 will be a turning point in the market with increasing fans of the seamless combating experience enjoying duets on its unique server system. Standing for “Victory For,” V4 is a classic MMORPG with characters whose looks can be customized. Since its launch in November, the game has topped game rankings by revenue. On Nov. 9, it rose to become the bestselling app on Apple’s App Store, and as of Sunday, it was in third place

South Korean tech companies said Sunday they are gearing up for the Consumer Electronics Show 2020 in Las Vegas slated for January, making all-out efforts to showcase how far their artificial intelligence technologies have advanced with the ability to make life much easier. LG Electronics is putting its AI platform ThinQ at the forefront of its exhibition at the event with a plan to introduce a seamless lifestyle with the help of advanced solutions making users feel homey anywhere. Under the mai

Samsung Electronics and its de facto holding company Samsung C&T on Wednesday released a statement that included a public apology for the conglomerate’s efforts to disrupt the formation of trade unions at some of its affiliates. The apology was made one day after a Seoul court handed down jail terms to key executives of the electronics unit, including Lee Sang-hoon, Samsung Electronics’ chairman of board, and Chung Keum-yong, CEO of Samsung C&T. “The company acknowledge

Samsung Electronics said Wednesday it will start churning out artificial intelligence accelerators for China’s leading internet engine operator Baidu early next year. The South Korean tech giant and Baidu have worked together to develop the cloud-to-edge AI accelerator, dubbed as Baidu Kunlun, built on the Chinese firm’s neural processor architecture as well as Samsung’s 14-nanometer process technology with its proprietary Interposer-Cube package solution. Known as I-Cube techn

A Seoul court handed a jail term to a Samsung executive on Friday for attempting to break up a labor union at Everland, an amusement park run by the country's biggest conglomerate.The Seoul Central District Court sentenced the Samsung Electronics Co. vice president, Kang Kyung-hoon, to 1 year and four months in prison for obstruction of business and breaching labor union-related laws. Kang was not taken into custody so he can lodge an appeal.The court also sentenced a former Everland execut

Samsung Electronics on Friday denied media reports that the company has sold one million Galaxy Fold smartphones globally since the device's launch in September.Samsung Electronics President Sohn Young-kwon said at a conference organized by U.S. tech media TechCrunch that the South Korean tech giant has sold 1 million Galaxy Folds so far, double the industry's earlier estimate.But a Samsung spokesman said Sohn may have confused the figure with the company's initial sales target for the year, emp

Nine candidates have been shortlisted for the position of next chairman of KT, South Korea’s second-largest mobile carrier said Friday. KT’s board of directors said late Thursday it had finalized a short list of nine candidates -- including three current KT executives and four former executives -- and announced the names of eight candidates. KT has not revealed the profile of one candidate upon the person’s request. The incumbent KT executives are Koo Hyun-mo, head of customer

Samsung Electronics will make an additional $8 billion investment in its memory plant in Xian, China, in a preemptive response to the projected growth of memory chip demand, according to news reports Friday. A Chinese media outlet reported that Samsung has officially decided to execute the investment for the Xian plant. Samsung’s headquarters in Seoul, however, declined to confirm the investment plan. According to the report, the decision was revealed Tuesday during a meeting between an ex

No one is sure who the top brass of Samsung Electronics will be next year as the company is silent about its annual organizational reshuffle amid ongoing multiple trials involving key executives, according to industry sources Thursday. The South Korean tech giant usually appoints its top executives in early December and personnel shake-up across all affiliates by mid-December. But this year, neither its leadership nor its business divisions have made personnel announcements, making it harder for

Samsung Electronics will start receiving preorders for the world’s first QLED display-equipped laptops in collaboration with Intel, from Friday.Presales for the Galaxy Book Flex and Galaxy Book Ion will take place online from Friday through Thursday ahead of their official launch Dec. 20. Unveiled at the Samsung Developer Conference in October, the Galaxy Book Flex and Galaxy Book Ion feature the world’s first QLED display on a laptop. Equipped with Samsung’s proprietary QLED d

Samsung, LG, Hyundai Motor share future plans, achievements in non-memory chip development

Samsung Electronics Co., South Korea's top electronics manufacturer, was the third-largest vendor of wearable devices in the third quarter of the year, a market report showed Wednesday, amid soaring global demand for wearables. Samsung shipped 8.3 million units of wearable devices in the July-September period, more than doubling from a year earlier, according to the latest report from market tracker International Data Corp. The tech giant emerged as the No. 3 player in the global wearables marke

Samsung Electronics is expected to see 19 percent on-year growth in its foundry business in the fourth quarter of the year, a market report showed Tuesday, though the performance will not be enough to narrow the market share gap with industry leader Taiwan Semiconductor Manufacturing Company.  Samsung's foundry business was projected to log $3.4 billion in revenue in the October-December period, up 19.3 percent from a year earlier, according to market tracker TrendForce. Foundry r

LG Electronics said Tuesday it has kicked off sales of 8K organic light-emitting diode TVs in Japan, a market that is receptive to OLED TVs, ahead of the upcoming Tokyo Olympics.The South Korean TV maker has displayed the LG Signature OLED 8K model at flagship retailers across Japan. Due to the preference for OLED TVs in Japan, OLED TVs accounted for 20 percent of the country’s TV sales this year, far larger than OLED TVs’ global market share at 6 percent.  Amid the growing inte