Upgraded display to better support VR viewing

Swimmers take photos at Samsung Electronics’ Galaxy S7 experience booth Wednesday at the Caribbean Bay water park in Yongin, Gyeonggi Province. (Samsung Electronics)

Network operator KT has been picked as the company most committed to improving corporate governance in Korea, according to a poll conducted by FinanceAsia, a financial magazine based in Hong Kong.The Korean network firm scored 19 points in the “Most Committed to Corporate Governance” category of the poll, followed by KT&G with 17 points and KEPCO with 14 scores. Head office of network operator KT (Yonhap)The Hong Kong-based magazine carries out the poll annually with more than 100 fund managers

Information technology solutions firm SK C&C and network equipment firm CISCO will be working together to develop a software platform that can manage network and security systems.Yang Yu-seok, the head of SK C&C’s information and communications technology infrastructure business, and Park Jae-beom, the vice president of CISCO, signed a partnership deal for the collaboration at C&C’s office in Pangyo on Wednesday.Yang Yu-seok (left) of SK C&C and Park Jae-beom of CISCO pose after signing a partne

The global smartphone market share of South Korea's top smartphone maker Samsung Electronics Co. edged up in the first quarter of this year, a report showed Wednesday.Samsung took up 24.1 percent of the world's smartphone market in the January-March period in terms of revenue, a slight increase from 21.9 percent posted in Q4 of 2015, according to the latest research by industry tracker Strategy Analytics. LG Electronics Inc. saw its shares go down 0.6 percentage points to reach 2.7 percent, stan

A team of South Korean scientists have developed an electronic device that can stick to clothing, paving the way for wearable displays and monitoring censors, the science ministry said Tuesday. An electronic device attached to fabric via artificial cilia on its edges is called an electronic textile, said Ko Heung-cho, an associate professor at Gwangju Institute of Science and Technology."We are ultimately targeting the development of an electronic device that can be used for a wearable computer

IT solution provider reaffirms push for business split-off

LG Electronics said Tuesday that it would be releasing Twin Wash, a front-load washing machine with an optional washer, in 40 nations including Mexico, Colombia, China, Taiwan and Vietnam. (LGE)

The fitness software company ZOIT (CEO: Sung-Han Lee) announced on June 3 that it will be entering the Chinese market later this year with the release of a fitness bike that can be linked to smart devices. The fitness bike, developed in joint cooperation with a local health equipment company, is now in its final stages of completion. ZOIT made its debut in the simulated content industry back in 2007 with the release of a simulated horseback riding program in which users mount a mechanical horse

SAMSUNG PROMOTES IN HOLLYWOOD -- Samsung Electronics held a seminar in Los Angeles last week to promote the high-dynamic-range imaging technology, a technology that enables displays to show a wider range of colors. Around 100 engineers and experts in producing video content in Hollywood participated in the event. Samsung Electronics

 Samsung SDI, a battery business arm of Samsung Group, is reportedly in talks with U.S. electric car manufacturer Tesla Motors over a battery supply deal, according to news reports.Freights containing 120 tons of Samsung SDI battery cells arrived at the Oakland port in April and recently at Tesla’s factory in California, the reports said. The batteries, called the Samsung SDI 18650, are cylindrical ones measuring 18 millimeters in diameter and 65 mm in height.The quantity, which is excessive if

A group of investors are planning to take collective action against information technology solutions developer Samsung SDS in protest over the firm’s plan to divide its businesses.The group of investors said it would pay a visit to the head office of Samsung SDS in Seoul on Tuesday in a bid to express their objection to the company’s plan to split its solutions business for logistics and merge it with Samsung C&T, the construction and trading business arm of Samsung Group.The headquarters of Sam

Tech giant forecasts OLED to rule global TV market for next decade

South Korean tech giant Samsung Electronics Co. on Thursday unveiled two new fitness wearables -- the fitness tracker Gear Fit2 and wireless earbuds Gear IconX -- as part of efforts to grab a large slice in the fast-growing wearable device market.The Gear Fit 2, a follow-up to the original Gear Fit smartwatch released in 2014, comes with GPS sensors for more accurate measuring of distance and heart rates. The model with a price tag of $180 has a wider touch screen with a 1.55-inch super active m

Tech giant Samsung Electronics’ mobile payment solution Samsung Pay has hit the Spanish market, the company said Friday.The contactless payment solution, which works with traditional payment terminals as well as on near-field-communication-based terminals, is already available in South Korea, the United States and China.  A consumer uses Samsung Electronics’ mobile payment solution Samsung Pay. (Yonhap)The launch of the contactless payment solution in Spain marks the first in Europe. “Our goal w