Korean Air will host an annual meeting of air carriers around the world next year in Seoul, to discuss the future of commercial aviation industry and pending safety issues.The International Air Transport Association is the world’s largest organization for air carriers. It holds a general meeting every year, bringing executives from air carriers, aircraft manufacturers and related industries from all around the world. Named a host of IATA’s general assembly, Korean Air hopes to upgrade the global

South Korean tech titan Samsung Electronics is accelerating its research and development efforts on artificial intelligence capabilities abroad by hiring renowned experts and top talents, according to the industry on Friday. At three newly opened AI centers in Toronto, Cambridge, England, and Moscow last month, efforts are being made to secure top talents from the AI field to help lead the centers. In Toronto, the new center led by Larry Heck, senior vice president of Samsung Research America, i

45 high-spec antennas installed at its Geumsan teleport reach out to over 7,000 customers

Samsung Electronics on Wednesday announced the official launch of the first micro LED display for industrial use at a trade show in the US, commercializing the next-generation display technology. Named “The Wall Professional,” the micro LED signage display is the first modular type bezel-less display whose size can be adjusted by users for different purposes. Micro LED panels, which feature miniature light-emitting diode arrays, come with smaller, brighter modules and improved response speed com

KT Chairman Hwang Chang-gyu introduced the mobile carrier’s information and communication technology solutions for Boracay, a small island in the Philippines, suggesting turning the tourist island into a “smart” one in a meeting with Philippine government officials, the company said Wednesday. In a meeting with acting Minister Eliseo Mijares Rio Jr. of the Department of Information and Communications Technology, incoming ICT Minister Gregorio Honasan and Jonas R. Leones, vice minister for enviro

South Korea's industry minister called on China to fairly conduct an antitrust probe into two Korean chipmakers as regulators are reportedly looking into their alleged price fixing, his office said Tuesday.Paik Un-gyu, South Korean minister of trade, industry and energy, made the request during a meeting with China's Commerce Minister Zhong Shan in Beijing in which they discussed ways to expand economic cooperation and investment between the two nations.  Paik Un-gyu, South Korean minister of tr

Samsung Electronics recently appointed David Eun, president of Samsung NEXT, as the tech giant’s first chief innovation officer, according to the industry on Tuesday. The latest appointment and creation of the new position are seen by the industry as a sign of aggressive investments in startups and new businesses under the leadership of heir apparent Lee Jae-yong. Harvard graduate Eun joined Samsung in 2011 after working at Google. In late 2012, he was tapped to head Silicon Valley-based Samsung

Samsung Electronics scouted two renowned experts on artificial intelligence from the United States in a move to strengthen its AI capabilities, the tech giant said Monday. The company announced it is adding H. Sebastian Seung, professor at the Neuroscience Institute and Department of Computer Science at Princeton University, and Daniel D. Lee, chair professor at the School of Engineering and Applied Science at the University of Pennsylvania, to its AI Center under Samsung Research. Seung and Lee

Samsung heir Lee Jae-yong’s trip to Hong Kong raised questions Sunday among industry insiders over its significance, with some saying that he might be preparing for more governance restructuring to complete his succession.Lee left for Hong Kong on Thursday for meetings with global business partners, according to Samsung officials, although details of the meetings have not been disclosed yet. But industry insiders remained mixed in their assessments of his trip to the financial hub of Asia, citin

WeWork, the world’s largest provider of co-working spaces, officially introduced its new startup acceleration space WeWorks Labs in South Korea on Thursday, pledging to help early-stage startups here grow and expand globally.WeWork Labs is a shared working space for young startups, where tenants can access a variety of acceleration programs, networking support as well as consulting and mentorship from strategic investors, venture capitals and veteran entrepreneurs.Korea is the first country in A

SKT expects demand for rentals to grow as smartphones get more expensive each year

South Korea's industry ministry on Wednesday concluded that Samsung Display Co.'s workplace environment report contains "key national technologies" that need protection from public disclosure.(Yonhap)The special panel of the Ministry of Trade, Industry and Energy, composed of governmental and industrial experts, reached the conclusion after reviewing Samsung's workplace assessment report on its four factories located in Giheung, Cheonan, and Asan. "The special panel concluded that Samsung Displa

LG Electronics said Tuesday it plans to invest 53.6 billion won ($49.67 million) in acquiring stakes in Robostar, a local robot manufacturing firm, as part of efforts to strengthen its presence in the next-generation industry.The South Korean tech giant said in a release that it "plans to buy a 20 percent stake in Robostar around mid-July," noting the stake would be around 1.95 million shares. (LG Electronics)"By the end of next year, LG will purchase 13.4 percent more of the company to raise ou

Midsize home appliance maker Dayou Winia will start selling its products abroad by tapping into its affiliate Daewoo Electronics’ vast overseas network, according to the company on Tuesday. Flagship Dayou Winia products -- including the Proud refrigerator, Dimchae Cook rice cooker, kimchi fridge Petit and air conditioner Winia -- are now on sale at more than 100 retailers in the eastern and southern parts of China.  A Chinese consumer looks at Dimchae Cook by Dayou Winia on display at a shop in

Tech giant to continue enhancing AI algorithms to provide pictures true to nature