LG CNS, an IT solutions provider of LG Group, clinched fourth place in a global competition for artificial intelligence technologies, the company said Thursday. The LG affiliate competed with 340 teams from businesses and research teams around the world at the Adversarial Vision Challenge hosted by the Neural Information Processing System. It finished fourth, trailing behind teams from Carnegie Mellon University, Tsinghua University and Montreal College of Information and Technology. LG CNS was

Samsung Electronics Co. said Thursday it will use the New Bixby artificial intelligence platform in devices released before its Galaxy Note 9 flagship smartphone and invite more users to use the latest system.The South Korean tech giant, which launched New Bixby in August alongside its latest high-end smartphone, the Galaxy Note 9, said the application will be provided to users with older devices, including the Galaxy S8 and Galaxy Note 8, by the end of the month.The update will be intstalled wh

‘2019 could be year of hole-punch display’

The new head of the nation’s third-largest telecom company said Wednesday that the firm would make a final decision as to whether it will acquire a local cable TV service provider by June next year, making its merger and acquisition attempt official for the first time. “We are going to decide whether to proceed with (acquiring the cable TV service provider) or not as soon as possible,” said LG Uplus CEO Ha Hyun-hoi at a press conference. “I will make that decision happen within the first half of

The global shipment of feature phones increased in the third quarter of the year amid slowing demand for high-end smartphones, as consumers in emerging markets opted for devices with basic functions, industry data showed on Wednesday.According to the data compiled by industry tracker Counterpoint Research, global shipments of feature phones came to 112 million units in the July-September period, up 3 percent from a year earlier.  (Yonhap)The figures compare to smartphones, which posted shipments

The expansion of Chinese telecom equipment giant Huawei into South Korea’s financial sector is drawing mixed views, industry sources said Monday. KT, the No. 2 player in the telecom industry, has selected Huawei’s equipment, including its multiservice switching platform, for upgrades of landline network connections for financial institutions. Major clients include Koscom and Nonghyup. Koscom is an IT solution provider owned by the Korea Exchange, which serves public financial institutions and bu

Organic light-emitting diode panels accounted for more than 60 percent of the world's market for smartphone displays in the third quarter of 2018, data showed Monday.According to the data compiled by industry tracker IHS Markit, the global market for smartphone displays came to US$10.7 billion in the July-September period, with OLED panels taking up 61.1 percent, or $6.6 billion. (Yonhap)The proportion of OLED panels rose sharply from the 35 percent posted in the first quarter of 2017, the data

South Korean smartphone makers Samsung Electronics and LG Electronics are planning to unveil their first fifth-generation network-enabled smartphones at the biggest mobile industry tradeshow in Barcelona in February, aiming to launch the phones in March upon commercialization of wireless 5G services, according to industry sources Sunday. Industry observers are paying attention to the Mobile World Congress 2019 that opens in Barcelona in late February in order to witness the new phones of the fir

Hyundai Mobis Co., South Korea's biggest auto parts maker by sales, said Sunday it will introduce a windshield display technology for its autonomous vehicles that can play movies and be controlled with hand gestures.Hyundai Motor plans to unveil the technology, which tracks a driver's eye and finger motions to manipulate the display while in autonomous drive mode, at the 2019 Consumer Electronics Show, the carmaker said in a statement. (Yonhap)A movie can be shown on a wraparound windshield that

KAIST, South Korea’s top science and technology university, on Friday decided to delay its decision on dismissing its incumbent President Shin Sung-chul, who has been accused by the government of mishandling public funds during his previous post at another university. KAIST’s board said it will reconsider the dismissal of the president at the next board meeting, given the gravity of the issue and continued dispute over the accusations by the Ministry of Science and ICT.The ministry alleges that

Kakao Mobility said Thursday that it will delay the formal launch of its carpool service that was initially slated for Monday, citing a need to engage in continued discussions with taxi drivers, the government and other industry stakeholders on the issue.The move came after a 57-year-old taxi driver burned himself to death in protest of Kakao’s carpool service plans Monday, shocking the public and driving up tensions between the company and taxi unions that have been staging fierce protests agai

South Korea’s tax agency has launched an investigation into the local branch of US technology giant Google over allegations of tax evasion on the part of some local YouTubers, a move that signals stepped up government efforts to crack down on foreign tech firms long accused of taking a free ride on lax regulations.　The National Tax Service on Wednesday sent its auditors and investigators to the headquarters of Google Korea in Seoul to secure the company’s financial and accounting records.The NTS

KT signed an agreement with the United Nations Environment Program to provide consultations on uses of information communications technology with a view to resolving global environmental issues such as fine dust, the mobile carrier said Thursday.Under the agreement, KT will support UNEP in establishing an integrated platform for handling global environmental issues, data analysis on activities to reduce fine dust, and measures to help vulnerable groups of people to combat fine dust in developing

LG Electronics announced Thursday it will launch a 100-kilowatt energy storage system for solar power plants featuring LG Chem’s battery in an effort to expand into the ESS market. Named All-in-one ESS, the system is equipped with power-condition and power-management systems that increase efficiency and convenience for users, the company said.  (LG Electronics)Adopting LG Chem’s 274-kilowatt per hour battery, the ESS is capable of storing electricity for one full day for 25 households in Seoul.

SK Telecom signed a memorandum of understanding with Deutsche Telekom’s subsidiary MobiledgeX to introduce mobile edge computing technologies to its fifth-generation network services, it said Thursday. Mobile edge computing refers to a set of technologies that enable computation on distributed devices known as smart devices or edge devices as opposed to primarily taking place in a centralized cloud environment.  SKT and MobiledgeX officials pose after an MOU signing ceremony on Thursday. (SK Tel