Samsung Electronics Co. saw its presence in the Japanese smartphone market reach a four-year high in the second quarter, data showed Tuesday, helped by robust sales of the flagship Galaxy S8.According to the data compiled by industry tracker Strategy Analytics, Samsung Electronics sold 700,000 units of smartphones in Japan over the April-June period, taking up 8.8 percent of the market to become the No. 3 player.The figure marks a sharp rise from 3.8 percent posted in the second quarter of 2016.

Com2uS Corp., a South Korean online and mobile game publisher, said Tuesday its sales in the overseas market for the second quarter surpassed the 100 billion-won ($88.9 million) mark for the seventh quarter in a row.The homegrown gamemaker said its quarterly sales outside of South Korea came to 112.3 billion won during the April-June period, accounting for 87 percent of its total revenue. (Yonhap)The company said its operating profit inched up 0.7 percent on-year to 49 billion won during the sam

Head of Sony Korea says will never give up on mobile business

South Korean game giant NCSoft posted a weak second-quarter performance on Monday, largely due to the cost of marketing its new mobile game “Lineage M” and shrinking sales of its online games.The firm’s operating profit shrank 56 percent on-year to 37.6 billion won ($33.34 million) while net profit dropped 66 percent on-year to 30.8 billion won during the April-June period, it said.At the same time, its second-quarter revenue rose 8 percent on-year to 258.6 billion won during the cited period, a

The South Korean government has allowed electronics companies to join a weapons procurement project with a foreign contractor for the first time, enabling them to sell products in return for a contract, an industry source said Monday. Under an "offset" procurement program, a foreign contractor is obliged to undertake local investment or buy local products when they sign a weapons deal with the South Korean government. So far, local defense-related firms have mainly benefited from such arrangemen

The world's augmented and virtual reality market is expected to expand exponentially over the next four years with their annual growth rate more than doubling, an industry tracker said Monday.The global market for AR-VR products and services is expected to reach $215 billion by 2021, compared with $11.4 billion for 2017, according to the International Data Corp.The compound annual growth rate is projected to reach 113.2 percent, with the market expanding 18.9 times over the next four years. (123

South Korean tech titans are planning to unveil their exclusive strategies for the European market at an upcoming trade show in Berlin, Germany, next month. According to the electronics industry on Sunday, Samsung Electronics and LG Electronics are both preparing lineups of premium products that are equipped with future technologies, including Internet of Things and artificial intelligence, to attract European buyers at the Internationale Funkausstellung Berlin -- known as IFA -- scheduled to be

Tech startup SketchOn develops custom-print temporary tattoo printer

South Korean electronics companies are to benefit from the launch of Apple Inc.'s next flagship iPhone 8 smartphones expected to be launched later this year as they are providers of major electronic parts, industry sources said Sunday.Apple is forecast to release new iPhone models equipped with flexible organic light-emitting panels, augmented reality, a nearly bezel-free design and other state-of-the-art gadgets to mark the 10th anniversary of the launch of the iconic mobile device. (Yonhap)"Sa

South Korea's top seven tech giants are expected to see their operating profit rise 200 percent on-year in the third quarter, a report showed Sunday, maintaining solid growth throughout 2017.KB Securities Co. said Samsung Electronics Co., SK hynix Inc., Samsung SDI Co., LG Electronics Inc., LG Display Co., Samsung Electro-Mechanics Co., and LG Innotek Co., are set to post a combined operating profit of 19.4 trillion won ($17.2 billion) in the July-September period.For the second half of 2017, th

South Korea has approved its first locally developed surgical robot, marking a step forward for Korea’s medical robotics technology and its ecosystem.　The Ministry of Food and Drug Safety on Thursday approved Revo-i, a surgical robot system designed to carry out endoscopic surgical procedures including cholecystectomy and prostatectomy. It was developed by local tech firm Meere Company. In an operating room, the device, equipped with four robotic arms, is positioned directly over a patient. The

South Korean scientists from the Daejeon-based Institute for Basic Science have contributed to safely repairing a disease-causing mutation in human embryos via gene-editing technology, marking a major step toward a viable method to prevent inherited diseases.　They co-authored a study published Thursday in the scientific journal Nature, showing that a mutation linked with a deadly, hereditary heart disease can be corrected in early stage embryos using the CRISPR-Cas9 “gene editing” tool.The findi

China’s biggest network equipment manufacturer Huawei will supply core equipment for the telecommunications systems of Seoul’s major underground railways, sources said Thursday. Hyundai Information Technology, a Korean provider of Huawei-made network equipment, won a bid to supply the telecommunications equipment with a bid price of 6.97 billion won ($6.19 million). The bid was opened by Seoul Metro through the Korea ON-Line E-Procurement System and closed on July 20.  (Yonhap)Korea’s major mobi

Purchases made through mobile devices rose 35.5 percent in June from a year earlier, government data showed Wednesday, as a growing number of South Koreans utilize smartphones to buy things ranging from clothes to electronic goods.South Korea is one of the most wired countries in the world with one of the highest smartphone penetration rates. Eight out of 10 South Koreans use a smartphone, according to government data. (Yonhap)Mobile transactions through smartphones and tablets reached 3.75 tril

Samsung Electronics Co. stood as the leading smartphone maker in terms of shipments in the second quarter of 2017, data showed Wednesday, with Chinese firms narrowing the gap with the traditional leaders.According to the data compiled by Strategy Analytics, the South Korean giant accounted for 22.1 percent of the global market in the April-June period, down 0.6 percentage point from a year earlier. This translates into 79.5 million units made by Samsung.The industry tracker said Samsung was able