Professor suggests Korea focus on new system on chips for AI, biomedicine

　Apple opened up preorders for the new iPhone 8 and iPhone 8 Plus in South Korea on Friday amid skepticism over their market success here as the two devices have been posting a weak initial sales record in other global markets.　Korea’s mobile carriers SK Telecom, KT and LG Uplus began receiving online reservations for the iPhone 8 and iPhone 8 Plus on Friday. Korea was included in the iPhone 8 series’ third wave of international releases following their official global debut on Sept. 22. 　The 4.

Naver Corp., South Korea’s leading online portal operator, said Thursday its third-quarter net profit rose 9 percent from a year earlier on lower corporate tax payments. In the third quarter that ended on Sept. 30, Naver posted a net profit of 216 billion won ($191 million), up from 198 billion won a year earlier, the company said in a statement.  Naver`s headquarters in Seongnam, Gyeonggi Province (Yonhap)“In the third quarter of last year, the company paid a hefty corporate tax due to a merger

ASIA’S FIRST MARVEL EXPERIENCE CENTER - Visitors to Marvel Experience, a mobile interactive attraction featuring Marvel’s flagship characters including Thor, Iron Man and Spider-Man, experience the facility’s offerings Thursday. The new facility is located in Busan and is the first of its kind to open in Asia. (Yonhap)

Chipmaker posts W8.1tr in sales, W3.74tr in operating profit in Q3

Samsung Electronics Co. showcased two wearable devices optimized for outdoor activities Thursday.The South Korean tech giant said it will start the sales of the smartwatch Gear Sport and the earphones Gear IconX 2018 starting Friday in South Korea.The Gear Sport is a 5ATM waterproof smartwatch that can be used while swimming or washing automobiles, the company said. Its Water Lock Mode prevents currents in the water activating the smartwatch.  Samsung Electronics Co.`s Gear IconX 2018 (Yonhap)Th

BUSAN -- Oh Seong-mok, president of the network business at KT, South Korea’s second-largest mobile carrier by revenue, announced his ambition to bring the company’s latest solutions for small vessels to the global market Wednesday. At a press conference held at Bexco in Busan, Oh introduced the company’s newest marine telecommunications solutions for small vessels at Marine Week 2017, an international maritime exhibition being held from Tuesday through Friday. “We have embarked on the developme

Korean mobile messaging giant launches parking space search and reservation service, with hopes for successful monetization

The South Korean government on Wednesday used a drone to deliver packages in the administrative city of Sejong to test its safety and performance in a busy urban environment. The Ministry of Trade, Industry and Energy said it used a trial drone to deliver a package from a post office in the government complex in Sejong to an empty lot. "We conducted the test to check the delivery drone's capability and the potential for an unmanned delivery system in cities," the ministry said.  (Yonhap)The test

South Korean display maker LG Display Co. said Wednesday its third-quarter net profit jumped more than two-fold from a year earlier on the back of expanded sales of premium products.Net profit came to 477.2 billion won ($422 million) over the July-September period, rising from 189.5 billion won posted a year earlier, the company said in a regulatory filing.Operating profit moved up 81.3 percent to reach 585.9 billion won, with sales increasing 3.7 percent to 6.9 trillion won.The net profit was a

South Korean pharmaceutical firm Samsung Bioepis Co. saw its sales of biosimilar products released in Europe hit $257 million through the third quarter of this year, data showed Wednesday.Samsung Bioepis said the sales of Benepali released in Europe came to $253 million over the January-September period, compared with $47 million posted a year earlier.The company also said the sales of Flixabi posted a sharp growth over the cited period to reach $4.7 million, compared with $100,000 tallied last

Shot by Lim Jeong-yeo / Edited by Lim Jeong-yeo Numix Media Works’ Quantum VR Treadmill is a virtual reality first person shooter game that gives a realistic game experience of walking through a jungle, in the space and through a maze of monsters.The treadmill was unveiled for the first time at the NEXT Content Conference at Coex in Samseong-dong, southern Seoul on Monday and Tuesday. A visitor to the NEXT Content Conference tries out the Quantum VR Treadmill (Lim Jeong-yeo/The Korea Herald) Han

LG Electronics’ Bluetooth speaker features levitating technology that enables the speaker portion to float in the air above the woofer station, allowing better sound quality in 360 degrees, the company said Tuesday. LG launched the product in Korea at the price of 369,000 won ($327), following its initial launch in the UK in August. (LG Electronics)

Researchers in South Korea have developed a new technology that can predict the onset of Alzheimer’s disease through a blood test before the physical symptoms start to show, paving the way for early diagnosis and treatment planning. 　　Alzheimer’s is a neurological disorder in which the death of brain cells causes memory loss and cognitive dementia. It is a progressive disease without a cure, and dementia symptoms worsen over time.　Scientists do not have a clear answer yet as to what causes Alzhe

South Korean mobile carriers SK Telecom and KT are planning to showcase their efforts related to the fifth-generation network at an international forum in an ongoing competition to commercialize the network as an industry first, according to the two companies Tuesday. SKT will unveil its research achievements in the commercialization of the 5G network and core technologies at the Next Generation Mobile Networks conference set to kick off in Seattle on Wednesday. The NGMN is an international orga