Brian Kwon (left), vice president of home and entertainment at LG Electronics, and Choi Sang-gyu, CEO of Korea Sales & Marketing Co., introduce the LG Signature OLED TV series at the company’s R&D campus in Yangjae-dong, southern Seoul on Thursday. (LG Electronics)LG Electronics is going all out to cement the No. 1 spot in the global premium television market this year by launching its flagship TV series earlier than archrival Samsung Electronics.The leading TV manufacturer Thursday launched the

Fingerprint module maker CrucialTec said on Feb. 22 that it will start supplying its on-screen fingerprint scanning solution that allows fingerprint authentication on a smartphone screen, not the home button, to global smartphone manufacturers this year.　 Smartphone makers have been pinning high hopes on the new technology that ensures both better security and more flexible device design. 　“Our on-screen fingerprint solution, dubbed Display Fingerprint Solution or DFS, is getting positive respon

Artificial intelligence language software by US Internet giant Google Inc., scored higher than its rival AI machines in a translation battle between humans and machines held in South Korea earlier this week, industry officials said Wednesday.On Tuesday, a group of four professional translators competed against three AI-powered programs provided by Google, South Korea's top Internet provider Naver Inc. and leading automated interpretation company Systran International.  (Yonhap)Without revealing

KT and the Korea Aerospace Research Institute will co-develop Korea’s first Satellite Based Augmentation System GPS system, which is expected to bring technological advancements in the fields of transport, defense and science, the mobile carrier announced Wednesday. The company said a consortium led by KT has been selected as the preferred bidder for the project by the Ministry of Land, Infrastructure and Transport. A satellite to be developed by the Korea Aerospace Research Institute. (Yonhap f

(The Investor)Qualcomm has waged a legal war against South Korea’s Fair Trade Commission, filing a lawsuit in Seoul late Tuesday, unyielding to the antitrust agency’s order of a massive fine and corrective measure. The legal fight between the US mobile chipmaker and Korean government body is expected to be unprecedentedly fierce, as both sides have vowed to win by mobilizing all possible measures, legal sources say. “The battle could be longer than usual, considering it is a matter of pride for

South Korea unveiled a long-term plan Wednesday to secure indigenous space technology with an aim to successfully emerge as a global power in the space sector by 2040, the science ministry said.Under the roadmap crafted by the Ministry of Science, ICT and Future Planning, the government will first analyze the current technology level and develop 200 core space technologies that are necessary for the development of its indigenous space program. (Yonhap)"The roadmap for developing space technology

Torsten Valeur, CEO of David Lewis Designers (LG Electronics)LG Electronics’ upcoming flagship smartphone G6 was praised by the head of Danish design studio David Lewis Designers, the Korean tech firm said Wednesday. Torsten Valeur, the CEO of David Lewis Designers, described his first impression of the G6 as a smartphone with an expansive screen and small, beautiful rounded corners, LG said citing its interview with the top designer.Valeur said, “(The G6 is) the ideal fusion of the beautiful sh

Google on Wednesday announced plans to host the second Google Play Indie Games Festival in South Korea, pledging efforts to support the growth of small-sized local game developers.Google Play, the official app store for Android-based smartphones, has opened up registration for Korea-based game developers looking to partake in its second indie games festival here. Registrations will end on April 2.Chang Hyun-se, head of Google Play’s business development at Google Korea (Googe Korea)The Google Pl

Qualcomm on Tuesday filed an injunction against South Korea’s Fair Trade Commission, which imposed over 1 trillion won ($873 million) in fines and a corrective measure on the company, a court official confirmed.   (The Investor) The US mobile chipmaker filed the suit with the Seoul Central District Court late Tuesday, reportedly requesting the court put a halt on implementation of the corrective measure imposed by the antitrust agency last year, sources told The Korea Herald.The company applied

Korean tech firms are set to unveil new solutions at the upcoming Mobile World Congress that opens on Feb. 27 in Barcelona, Spain.The nation’s largest tech firm Samsung Electronics said Tuesday it will showcase some Creative Lab projects related to virtual-reality technologies during the event. Creative Lab is a project Samsung created to foster startups within the company, with the aim of spreading a creative organizational culture and exploring new ideas. The project deals with areas ranging f

LG Electronics Inc. said Tuesday it has launched a trial service of its two intelligent robots at the Incheon International Airport, the main gateway to South Korea. LG unveiled the new line-up of robots featuring artificial intelligence technologies and voice recognition technology from Amazon's Alexa at the annual Consumer Electronics Show last month.  LG Electronics Inc.'s cleaning robot. (LG Electronics)One of the two robots serves as a notification center that displays information on its sc

South Korea launched a government-civilian panel on Tuesday to serve as a "control tower" for finance-related support for efforts to promote new growth engines.The New Growth Committee is meant to effectively allocate policy funds in the field, as Asia's fourth-biggest economy prepares for the fourth industrial revolution era. Yim Jong-yong, chairman of the Financial Services Commission, in an undated file photo. (Yonhap)"Especially in the financial sector, the government will actively expand su

South Korean mobile messenger giant Kakao said Tuesday its simplified mobile payment service unit Kakao Pay has secured $200 million in investment from the financial arm of China’s Alibaba Group, a move that broadens the scope of the two firms’ services.Kakao said it has struck a partnership with the Hangzhou-based Ant Financial Services Group, under which Kakao Pay will be synchronized with China’s widely used Alipay to allow subscribers of both services to use both systems.As part of the partn

Google Campus Seoul, a co-working space for startups operated by the US internet technology giant, on Tuesday pledged to offer more tailored support to South Korean startups to help their growth and global expansion in 2017.　 “This year, we want to offer more tailored programs to encourage new growth, global expansion and diversity among Korean startups,” said Jeffrey Lim, head of Google Campus Seoul. Google Campus Seoul head Jeffrey Lim (second from right) poses with local startup CEOs at the C

US software giant Microsoft Corp. said Tuesday that it will strengthen cloud computing services in South Korea by capitalizing on its "data center regions" in the country.Earlier, Microsoft opened two data center regions in Seoul and the southern port city of Busan for its open cloud computing platform called Azure. The term, data center region, refers to a large complex of facilities that serve as a given geographic location, considered a core technology of Microsoft's cloud computing service A