On Thursday, startup company Virtua Live (CEO: Lee Jae-yeol) announced it has recently begun providing its independently developed total hair solution “Hair Fit” in Seoul’s Gangnam district and Gyeonggi Province’s Bundang. Hair Fit uses customer data and information technology to create a virtual hairstyle customized to each user and displays a photo of the hairstyle on a tablet for the user to see. Unlike mobile applications that utilize hair simulation for purely entertainment purposes, Hair F

Hwang Chang-gyu, the chairman of telecom giant KT, said Tuesday that ongoing innovation in network technology, or so-called “intelligent networks,” will lead to a paradigm shift in industries overall and bring a greater change in lifestyles than today’s mobile-focused networks.In a speech delivered at Harvard, the chairman said intelligent networks would create new value and new business opportunities, not just because of its speed but also because of its enhanced connectivity and capacity.In 20

Models promote Priv smartphones, Blackberry‘s first smartphone running on Google’s Android operating system, at a launch in Seoul on Tuesday. The smartphone-maker is back in Korea after pulling out of the domestic market in 2012. (Yonhap)

RECALL BEGINS -- A customer visits a SK Telecom retailer in Seoul to exchange his Galaxy Note 7 smartphone on Monday. Samsung Electronics initiated its replacement program for Galaxy Note 7 large-sized smartphones in Korea with local mobile carriers as part of its global recall of the new smartphones Monday. (Yonhap)

Searching for new, promising businesses to propel their continued growth in the future, South Korea’s leading conglomerates have arrived at a common destination -- biotechnology.　Korea’s top tech giants Samsung Group and LG Group, alongside telecom-focused SK Group, have all set sights on biotechnology as a promising business of the future and are swiftly moving to drive up their presence in the field with hefty investments.　Biotechnology, which has applications across multiple industries, refer

Samsung Electronics Co. on Monday initiated its replacement program for Galaxy Note 7 phablets in South Korea in collaboration with local mobile carriers as part of its global recall of the new smartphones, industry officials said.Customers of the nation's three mobile carriers -- SK Telecom Co., KT Corp. and LG Uplus Corp -- began exchanging their Galaxy Note 7s for new ones at outlets across the country after receiving mobile notifications from the carriers, said the officials.Old Galaxy Note

“Sgnl” watch strap to enter mass production within the year

LG Electronics has requested an Italian court to nullify two patents held by Germany’s compressor manufacturer Secop, claiming that such technologies are no longer subject to legal protection as they are widely used throughout the industry.LG said Sunday in a statement that it filed the suit against Secop with the Torino Court in response to a claim by the German company that the South Korean electronics giant had infringed its patents.In July, Secop sent a letter of complaint to LG Electronics

Tech behemoth Samsung Electronics said Sunday that it has sold its shares in a total of four global tech companies, including Sharp of Japan and Seagate Technology of the US in recent weeks.The series of stock sales are said to be in line with Samsung Vice Chairman Lee Jae-yong’s push to streamline the company’s business portfolio and focus on flagship businesses, including smartphones and chips.Samsung said selling the shares of the four companies -- Sharp, Seagate Technology, Dutch chip equipm

Uncertainty looms over Samsung Electronics’ 2016 performance outlook as tech giant aims to regain consumer trust with global recall program

Luke Korea, which operates a mobile healthcare platform, announced on Monday that it expects to secure 100,000 members by the end of 2016. Golden Care, the company’s cloud-based mobile platform, currently has 15,000 registered members. More members translates to better data credibility, which allows for the provision of higher quality services.  Luke Korea CEO Kim Seung-soo demonstrates Golden Care, a mobile healthcare platform. (Photo by Ahn Hye-ran, intern reporter)Luke Korea’s Golden Care dis

Since a project to determine the sequence of chemical units in human genetic material was launched under the name of the Human Genome Project in 2000, many scientists around the world have tried to decode the mysteries of the human genome. At the center of this endeavor is the mouse phenotypic analysis, a method that takes advantages of the fact that mice and humans share virtually the same set of genes.South Korean scientists are part of such efforts. The nation’s attempt to develop such a cent