Tech giant highlights user experience at conference in US

South Korean prosecutors Monday indicted the heads of Tada, a ride-hailing service, declaring the app-based business illegal. Lee Jae-woong, chief executive of car-sharing app operator SoCar, and Park Jae-uk, chief executive of its rental car hailing service unit, Value Creators & Company, will face a trial without physical detention on charges of running a transportation business without a license, the Seoul Central District Prosecutors' Office said. VCNC operates Tada service.An associatio

Putting aside competition over mobile apps and smart speakers, two companies aim for future cooperation in content and e-commerce

S. Korea tech firm announces ambitious AI technology development plan to compete against tech giants in US, China

Some 130,000 units of Apple Inc.'s new iPhone models are believed to have been set up on the first day of sales in South Korea, industry insiders said Saturday.Apple released its iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max in South Korea on Friday, targeting consumers looking for premium phones available in 4G LTE models.  The estimated figure is 30 percent more than the previous iPhone models -- the iPhone XS, Max and XR -- launched November 2018, according to industry sources. However,

South Korea’s major internet company Kakao said Friday that it would prevent users from posting malicious comments on its online entertainment news articles, pledging also to overhaul its search engine functionalities to address cyberbullying.During a press conference at its headquarters in Pangyo, Gyeonggi Province, Kakao’s co-chiefs Yeo Min-soo and Joh Su-yong said the company would suspend its online comment service for entertainment news next month. The measure came after mo

Apple’s newest handset goes on sale in Korea

LG Chem, South Korea’s leading lithium-ion battery maker, obtained the first quarterly surplus from its battery unit in 2019, despite a series of fires involving the firm’s energy storage systems, according to the company on Friday. Of the total of 380.3 billion won ($323.92 million) in operating profit for the July to September period, the company’s battery unit reported a 71.2 billion won operating profit, representing a swing back into surplus territory for the first time th

SK hynix is considering revising its dividend policy for shareholders due to depleting cash flow, the company said Thursday, amid a downturn in the memory chip market.“As the cash flow has worsened this year, it may be difficult to maintain the current dividend policy,” said Sk Hynix CFO Cha Jin-seok. “The company is currently reviewing the plan.” The plan was announced during a conference call with investors on its third-quarter earnings.  The world’s second-l

ULSAN -- In a dark chamber with thick concrete walls at Samsung SDI’s battery manufacturing site in Ulsan on Wednesday, two officials confidently demonstrated the safety of its new energy storage system in the event of a fire. They deliberately made a hole in two ESS modules -- an older version and a new model equipped with fire blockers and insulators -- by banging a nail into them to induce spontaneous combustion. After about three minutes, there was a bang and a sizable flame in the old

Samsung Electronics Co. said Wednesday it has released a software patch to fix a bug in the ultrasound-based fingerprint scanner on Galaxy S10 and Note 10 smartphones. Samsung has faced a backlash after some users discovered that anyone's fingerprint could unlock S10 and Note 10 series devices covered with a silicone-based screen, raising security issues over the latest smartphones. "We apologize for causing inconvenience to customers with the fingerprint recognition issues," Samsung s

South Korea’s telecom giants are making a foray into the global market with fifth-generation wireless network technology in a push to discover business opportunities beyond the domestic market. SK Telecom, KT and LG Uplus are accelerating their efforts to enhance 5G partnerships with mobile vendors around the world -- for example, by exporting network equipment and developing 5G-based content. Since launching 5G services in April, achieving a world first, the mobile carriers are taking adv

South Korea's industry minister said Wednesday that Seoul will boost the supply of power from solar and wind energy in a green transition amid global efforts to cut down on heat-trapping gases. Sung Yun-mo, minister of trade, industry and energy, made the comments in an international conference on renewable energy at an exhibition center in southern Seoul.The conference -- which brought together 3,500 people from more than 100 countries -- is meant to form a stronger consensus on the need to fur

　South Korea’s two internet titans Naver and Kakao began their regular news quality assessment Tuesday for media outlets wishing to gain exposure via their online search platforms.　A news partnership evaluation committee of the two firms said that media groups wishing to use Naver and Kakao’s news platforms can send in their applications from Tuesday. The review process takes up to three months. The “qualified partners” will be announced next year.　Basic qualifications in

SK Innovation, locked in a legal battle against domestic rival LG Chem recently, conducted a forensic inspection of its computer systems upon the order of the United States International Trade Commission earlier this month, industry sources said Tuesday. The USITC ordered the firm on Oct. 3 to recover as many as 980 documents that were alleged to have been deleted by the company, the sources said. The South Korean lithium-ion battery maker conducted the examination attended by LG Chem&rsquo