Samsung Electronics, the world’s second largest semiconductor firm, has achieved a breakthrough in the global chip sector by successfully mass-producing a 10-nanometer-class DRAM chip, the company said Tuesday. The new 8-gigabit double-data-rate-4 (DDR4) DRAM chip -- based on 1x nanometer chip design and manufacturing technology -- will place the Seoul-headquartered chipmaker in an unrivaled position, according to the firm. Sams

LG ‘NO KID HUNGRY’ CAMPAIGN -- LG Electronics on Monday held a fund-raising event to feed children, called “No Kid Hungry,” at the National Building Museum in Washington. The Korean tech giant also offered its latest premium LG Black Stainless Steel Series for the cooking program for participating families. (LG Electronics)

Soaring orders for Model 3 both boon and bane for Samsung, LG

The Korean government has rolled up its sleeves to develop more advanced supercomputing systems than AlphaGo after the artificial intelligence by Google’s DeepMind defeated the nation‘s human Go master last month.Behind the learning and calculation prowess of AlphaGo are supercomputing systems made of more than 1,400 central processing and graphic processing units and application software.China’s supercomputer Tianhe-2 (Yonhap)The Ministry of Science, ICT and Future Planning announced Monday a p

On March 30, the O2O (Online to Offline) service company 12cm (CEO: Jeong Gyoun Han) announced that it recently began offering its smart stamp service at FamilyMart, the well-established Japanese convenience store franchise chain. 12cm’s smart stamp service uses a stamp-type system designed exclusively for use with smartphone touchscreens to connect mobile coupons, tokens, and gift cards with offline stores and conduct promotional events. The service currently being offered “stamps” a coupon int

SAMSUNG ACTIVEWASH GAINS TRACTION -- Samsung Electronics said Monday that sales of its Activewash top-load washing machine, featuring a plastic built-in sink on top for hand-washing fragile items, has surpassed the 2-million mark since its launch in February 2015. The company said the washer was sold every 20 seconds -- the fastest sales pace among Samsung washing machines -- in 33 countries, including Korea and the U.S. 　(Samsung Electronics)

LG Electronics has made diverse new experiments with its smartphones such as the leather-clad G4 and dual-camera phone V10 over the past year. The phones were great but received little acknowledgement from customers.The company has recently come up with another unprecedented phone in the market -- the world’s first modular smartphone G5. But this time the initial market reaction seems quite different, with orders soaring.  According to telecom carriers and retailers, the phone sold more than 15,

Korea’s leading network operator KT Corp. said Friday that it would beef up its partnership with China Mobile for the next-generation network 5G and connected network services.“Global cooperation is especially important to have future telecom technologies in place,” said KT chief executive Hwang Chang-gyu at a workshop held at the head office of China Mobile on Thursday.  KT CEO Hwang Chang-gyu (left) poses with China Mobile chairman Shang Bing after a meeting in Beijing on Thursday. (KT)Hwang m

WEBTOON AWARD -- The winners of the second World Comics Contest, an annual online comics competition organized by Lezhin Entertainment, pose at the award ceremony held in Seoul on Friday. Cash prizes, worth 150 million won ($130,000), were awarded to 12 or webtoons, including “Killing Stalking,” “Pandora’s Choice” “Maison de Maid” and “Royal Servant.” (Lezhin Entertainment)WEBTOON AWARD -- The award ceremony of the second World Comics Contest, an annual online comics competition organized by Lez

‘StartCraft will be a great milestone on the road to developing AI’

Samsung Electronics vice chairman and semiconductor business division chief Kwon Oh-hyun was the highest-paid Korean CEO last year, with total earnings of 14.95 billion won ($13 million). His pay has soared nearly 60 percent over the past year, largely driven by the chip division’s robust sales. The division posted a record 12.79 trillion won in operating profits last year. Samsung Electronics vice chairman and semiconductor business division chief Kwon Oh-hyun speaks at a shareholders meeting o

Korean electric component maker LG Innotek has unveiled its new wireless charging modules with a charging speed that is three times as fast as its conventional peers. LG Innotek’s new modules are capable of delivering 15 watts of output power, the same as wired charging modules. But they can be charged three times faster than existing 5-watt wireless charging modules.  A model poses with a wireless smartphone charger pad installed with LG Innotek’s 15-watt power-receiving modules. (LG Innotek)Th

Chinese electronics firm Xiaomi on Thursday pledged to expand its presence in Korea by offering a wider variety of products. At a media event in Seoul on Thursday, the company showcased a diverse lineup that included flat and curved ultra-high definition TVs, a water dispenser, self-balancing electric scooter NineBot, air purifiers, and fitness bands. Lee Joon-sok, the chief executive of KomaTrade, one of the official Korean sales partners of Xiaomi, speaks at a press event in Seoul on Thursday.

G5 HITS STORES -- Korea’s three main mobile carriers, SK Telecom, KT, and LG Uplus, started selling LG Electronics’ G5 marquee smartphone in Seoul on Thursday. (LG Uplus)

Tech giant unveils fridge running on networks, upping ante against LG