Korea's SK Holdings C&C launches artificial intelligence software API to track missing persons with facial, object recognition

The retrial for the 7-year-old design patent suit between Samsung and Apple will commence Monday in California, local time. The final ruling from this retrial is set to draw a milestone on how much value a component design holds in an innovative product. The legal dispute started in 2011 when Apple sued Samsung. The South Korean tech giant countersued Apple in the same year. But in 2012, Samsung lost the case and was ordered to pay more than $1 billion to Apple for infringing on three of the US

SK Broadband, an internet service subsidiary of SK Telecom, said Thursday the company will be the first to commercialize the fastest internet service at 2.5 gigabits per second in the country. The SKT affiliate launched Giga Premium, a new internet service for commercial buildings and households, which is applied with the latest gigabit passive optical network technology. Known as G-PON, the technology does not require additional installations of cables to provide such fast internet speed, accor

South Korea's financial regulator said Thursday it will consider gradually adopting US-style data-sharing regulation to make it easier for firms to collect and use personal information.The move is aimed at meeting rising demand for new technologies such as the Internet of Things and big data analytics, the Financial Services Commission said in a statement.In South Korea, people are asked in advance if financial institutions can use their personal data. They can either agree to or reject the coll

Company continues investing in robot companies with an eye on future technological cooperation

David Eun, president of Samsung Next, an innovation arm of Samsung Electronics, has been included on a list of 100 influential Asian-Americans. The list was announced Tuesday by Gold House -- a new nonprofit seeking to support Asian-Americans in business and culture -- to celebrate the 50th anniversary of the first recognized usage of the term “Asian-American.” Eun was included on the list along with Jensen Huang of Taiwanese descent, co-founder and CEO of graphics processor Nvidia, and Satya Na

Chipmaking unit head Kim hints possible new business deal with BYD

Korea’s Genoplan analyzes DNA to help find optimal products, services best fit for consumer’s genetic predisposition

South Korea will hold an auction for frequencies that will be used for the fifth-generation network on June 15, the Ministry of Science and ICT announced Thursday. The ministry will receive bids from mobile carriers starting Friday through June 4, and hold the auction on the decided day. Through a public hearing on prices of 5G frequencies held last month, the ministry set the opening price for the auction of high-end frequencies -- 28 blocks (280 megahertz) in the 3.5-gigahertz spectrum and 24

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LG Electronics is focusing on a low price strategy for the company’s latest flagship G7 ThinQ model, while promising better quality, according to its mobile chief at a press conference in Seoul on Thursday. “Our major focus is to provide better quality phones at lower prices,” said Hwang Jeong-hwan, vice president and head of the mobile communications business, after unveiling the G7 ThinQ. The new smartphone features artificial intelligence functions aimed at convenience, the “brightest” displa

Dubbed ‘LG’s most convenient smartphone yet,’ new flagship phone focuses on AI, camera features

Samsung Electronics heir apparent and Vice Chairman Lee Jae-yong departed for Shenzhen on Wednesday with the presidents of the tech titan’s semiconductor division. According to the industry, the heir left for the Chinese version of Silicon Valley with the company’s chipmaking unit head Kim Ki-nam, memory business head Jin Gyo-young and system LSI business head Kang In-yup. Samsung Display CEO Lee Dong-hoon also joined the business trip.“The vice chairman and presidents are scheduled to hold meet

‘Dr. Answer’ will guide diagnosis and treatment of 8 illnesses; launch planned by 2020

South Korean mobile carrier KT said Tuesday the company will develop chipsets for faster local area network internet with global chipset maker Aquantia based in the United States.The two signed a memorandum of understanding for the development, KT said.(Yonhap)With current technologies by KT, the LAN internet’s speed reaches up to 1 Gigabits per second by using two pairs of LAN cables. Adding a new chipset to this, the maximum speed can go up to 2.5 Gbps, and even to 5 Gbps by using four pairs o