South Korean biotechnology firm Nature Cell said Friday that it has published clinical research showing that receiving multiple injections of the firm’s fat tissue-derived stem cells does not affect a person’s likelihood of getting cancer.　It is the first time that scientists have officially published a long-term clinical study showing that there is no meaningful correlation between fat tissue-derived stem cell injections and the onset of cancer, according to the company.　The research paper, ti

Everything from breathalyzer steering wheels to a pillow that helps shape a newborn's head

South Korean video game giant Nexon Korea said Friday that it has tapped Lee Jung-hun, its Vice President of Business, to lead the company as its new CEO.Lee is slated to assume his new position this month, following board approval and related procedures. He will replace the outgoing CEO Park Ji-won, who will oversee Nexon’s global operations as its new Chief Operating Officer. Lee Jung-hun, who is set to become the new CEO of Nexon Korea this month (Nexon)Lee Jung-hun joined Nexon Korea in 2003

The World Health Organization’s latest decision to classify gaming addiction as an official mental health disorder this year has ignited an international controversy. 　The issue is gaining particular attention in South Korea -- home to a strong gaming industry and an avid gaming population -- which has long been caught between the responsibility to fight adolescent game addiction and the need to promote the country’s thriving gaming sector.　Last week, the WHO revealed plans to recognize “gaming

Since dominating the mobile messaging space in Asia’s major markets, Tokyo-based Line has been looking to transform itself into an all-around “smart portal” that links users in both their offline and online worlds.　Central to Line’s O2O vision is Line Pay, the mobile payment service created by Line and operated by its subsidiary Line Pay.　Three years in, Line Pay is on track to creating a new ecosystem where users can make payments with the touch of a smartphone anywhere and at any time, accordi

Market observers pay attention to Samsung‘s new investment plan

Bombarded by unprecedented criticism and multiple lawsuits, Apple Korea on Tuesday said it would also begin offering a battery replacement discount for the controversial devices designed to slow down in time.The measure for Korea -- which came a week after lawsuits were filed against the company in US -- appeared without an official notification and too late to calm local consumers who have been demanding free battery replacements.“Consumers can change their battery at Apple service centers from

Samsung Electronics Co. plans to start sales of the mid-end Galaxy A8 smartphone this week, with the country's No. 2 mobile carrier KT Corp. beginning preorders Tuesday.The mobile carrier said the factory price of the Galaxy A8 smartphone stands at 599,500 won ($561), although discounts will be provided depending on subscription plans. The colors available are black, blue and gold. A model poses with Samsung Electronics Co.`s Galaxy A8 smartphone in this photo released by South Korea`s No. 1 mob

South Korea’s biggest display panel manufacturer LG Display announced Monday that it would unveil the industry’s first 8K 88-inch organic light-emitting diode display panel at the Consumer Electronics Show next week, vowing to lead the 8K resolution market. Models show LG Display's 8K 88-inch OLED display panel. (LG Display)LG dismissed the industry’s concerns about limits of OLED panels’ ability to display at the 8K level of 33 megapixels per inch -- four times the resolution of 4K panels. The

South Korea's mobile carriers will likely invest more than 10 trillion won ($9.36 billion) in the fifth-generation network technology this year in a bid to lay a firm foundation for the high-end service, industry sources said Monday.The Ministry of Science and ICT and three mobile carries -- SK Telecom Co., KT Corp. and LG Uplus Inc. -- have plans to start commercial operations of the 5G network in 2019 and build nationwide infrastructure by 2020, according to the sources.The companies will make

South Korean tech company CEOs are expected to show up in force at the upcoming Consumer Electronics Show that kicks off in Las Vegas this month, industry sources said Monday.According to business insiders, big companies, such as Samsung Electronics Co, LG Electronics Inc. and SK hynix Inc., will have many of their top executives at the annual trade show that runs from Jan. 9-12."Executives will check out all the new products, technology innovations made and trends going forward, as well as exam

The number of mobile users subscribing to the long-term evolution (LTE) network topped 50 million in South Korea, six years after the fourth-generation mobile network was introduced, government data showed Sunday.According to the data compiled by the Ministry of Science and ICT, the number of LTE subscribers reached 50.28 million at the end of November this year, up 0.71 percent from a month earlier.SK Telecom Co., the leading network operator, had the largest number of LTE subscribers with 22.3

US tech giant Apple Inc. said Friday it will cut the cost of battery replacement for iPhone models, amid criticism that the company intentionally slowed down older smartphones."Apple is reducing the price of an out-of-warranty iPhone battery replacement by $50  — from $79 to $29  — for anyone with an iPhone 6 or later whose battery needs to be replaced, starting in late January and available worldwide through December 2018," the company said.Apple's Seoul-based office said the policy will also b

Budget smartphone manufacturers are strengthening their model lineup in the South Korean market, industry sources said Friday, in a bid to attract consumers seeking cheaper options in the new year.Samsung Electronics Co. plans to release the 5.6-inch Galaxy A8 and the 6-inch Galaxy A8 Plus in January, which retain many of the top features of Samsung's high-end devices, such as the mobile payment system Samsung Pay. (Yonhap)The price tag on the devices is estimated at around 600,000 won ($560), w

Apple faces multiple lawsuits in South Korea after admitting to slowing down iPhones as the batteries aged. This is to be the first class-action suit in Asia on the issue after iPhone owners filed at least nine class-action lawsuits in the US and Israel. The latest legal action comes after the US tech giant admitted to slowing down older iPhone models to keep them running at optimal performance and stop the batteries from shutting down. (AP-Yonhap)Korean law firm Hannuri said Thursday it would r