LG CNS, the information technology services unit of South Korea’s LG Group, has launched a next-generation enterprise resource planning solution with aims to take over the local ERP market currently dominated by foreign software firms like SAP and Oracle.　The LG unit on Tuesday announced the launch of an upgraded ERP solution, promising higher cost-effectiveness and operational efficiency through design changes and integration with new technologies like artificial intelligence and cloud computin

Amid persistent concerns in the industry about potential security risks of deploying Huawei’s fifth-generation network equipment by Korean telecom companies, the Chinese tech giant said Monday it will respond to any requests by the Korean government or customers to prove its security capabilities. “Huawei has been working to meet requirements on security by governments around the world, and the company will obviously fulfill requirements by the Korean government, if it demands any,” the company

Korea’s homegrown smart mobility services weighed down by regulations, market backlash

Ground X, the blockchain subsidiary of South Korean mobile messaging giant Kakao, on Monday unveiled plans to launch a testnet version of its proprietary blockchain platform Klaytn.The firm introduced a position paper highlighting Klaytn’s technical architecture and direction on its official homepage for the first time, inviting interested players to join the platform.According to Ground X, Klaytn has prioritized user experience and developer experience in its design, under an aim to allow end u

Samsung Electronics’ operating profit in the third quarter rose 20.44 percent on-year to a record 17.5 trillion won ($15.4 billion), the company said in an earnings guidance report released Friday. Revenue during the July-September period was estimated to have increased by 4.75 percent on-year to 65 trillion won, according to the South Korean tech giant.The July-September performance marked the highest quarterly achievement for the company to date. The previous record was 15.6 trillion won set i

South Korea’s LG Electronics unveiled the LG V40 ThinQ, the first smartphone ever to be equipped with five cameras, saying it was looking to foster smartphone sales in anticipation of a 2020 turnaround, the company said Thursday. “We didn’t simply increase the number of cameras. We focused all our capacity (on cameras), which is the most (widely) used part of a smartphone and the one that gets the most complaints (from customers),” said Hwang Jeong-hwan, head of LG Electronics’ mobile communicat

K-POP IN MEXICO -- Dancers perform at the “K-pop Party” festival organized by South Korea’s Daewoo Electronics in Mexico City on Sept. 30. The company said Thursday that the event featured a “Gangnam Style” dance contest, traditional Korean music performances and activities related to traditional culture, alongside booths introducing home appliances under the Daewoo Electronics and Dayou Winia brands. (Daewoo Electronics)

All eyes on attendance of Naver founder Lee Hae-jin, Kakao founder Kim Beom-su

Samsung Display said Wednesday that the company would supply 7-inch organic light-emitting diode displays for Audi’s first commercial electric sport utility vehicle, the e-tron. Samsung’s OLED displays will be used for the virtual side-mirror system in which the 7-inch OLED monitors are mounted on the left and right sides of the dashboard and connected to rear-view cameras. The virtual side-mirror technology provides different angles and views for highway driving, turning street corners and park

LG Electronics opened a new research and development center within the Gasan R&D Campus in southwestern Seoul that is dedicated to air-cleaning technologies and solutions, the company said Wednesday. Called the Air Science Research Center, it will focus on developing solutions for use in all LG air purifiers, air conditioners and dehumidifiers to upgrade their ability to eliminate dust, odors and microorganisms.  Researchers work at LG’s new R&D center for air-cleaning technologies and solutions

Samsung Electronics Co. plans to start sales of a silver-colored Galaxy Note 9 as early as this week, industry sources said Tuesday, apparently to promote the device amid the launch of new iPhones and other rival products.    The new color adds to the existing portfolio of blue, black, purple and copper. The silver edition will also be released in the US. Galaxy Note 9 (Yonhap)    While Samsung has not yet announced the exact date for South Korea, it said the new edition will be released its hom

With legal restrictions now in place limiting work hours to 52 hours per week, the leisure industry is seeing increased sales as employees spend more time on recreational activities during weekdays after work, an analysis conducted by KT’s Big Data Business Unit showed Tuesday. The mobile carrier, together with BC Card, analyzed signal information exchanged between floating populations’ mobile phones and the operator’s stations in the Gwanghwamun area in central Seoul from Aug. 1 through Sept. 1

South Korea’s media regulator said it would impose penalties on Facebook if it finds that Korean users were among those whose personal data were compromised in the latest massive security breach affecting 50 million users worldwide.The Korea Communications Commission said Monday that it had requested Facebook to provide comprehensive information on the latest hacking attack’s motives and its potential impact on Korean users.“If found to have compromised the personal data of Korean users, Faceboo

LG Electronics will start developing autonomous driving modules for robots with its partner Robotis, expanding applications of robotic technologies and self-driving solutions, the company said Monday. The two firms signed a contract Friday to co-develop autonomous driving modules that will be mainly used for moving robots. LG’s Advanced Robotics Lab under the CTO division plans to develop software using its intelligence navigation technologies, while Robotis will be responsible for building hard

RAYONG PROVINCE, Thailand -- Along a green lake in Wangchan Valley, students clad in purple-and-green uniforms stroll around a school campus surrounded by woods that stretch across the northern Rayong province in Thailand. They are part of some 200 students at the Kamnoetvidya Science Academy (KVIS) in 10th, 11th and 12th grades, who are chosen among some 5,000-7,000 applicants through a multilayered screening process each year. An exterior view of the KVIS campus (Son Ji-hyoung/The Korea Herald