LG UNVEILS G4 WHITE GOLD EDITION -- LG Electronics released a new variant of its high-end G4 smartphone, dubbed the G4 White Gold, Wednesday. The new G4 in white with a gold-colored frame rolled out through Korean mobile carriers starting with LG Uplus. (LGE)　

Mobile messenger operator Kakao said Wednesday that former co-chief executive Lee Sir-goo would leave the company.His departure came after the former Kakao co-CEO was indicted without detention last week by the prosecution for neglecting the circulation of pornography on KakaoGroup, a group chatting application.  Kakao’s co-CEO Lee Sir-goo (Kim Myung-sub/The Korea Herald)“Lee said he would like to take on new challenges,” said a Kakao spokesperson, adding the former co-CEO is scheduled to leave

Showing off their advanced technologies, Korean electronics giants Samsung Electronics and LG Electronics have bagged a clutch of awards at the CES Innovation Awards, an annual competition program honoring outstanding design and engineering in consumer technology products. Samsung and LG won 38 and 21 innovation awards for their products, respectively, at the CES Innovation Awards, according to the companies on Wednesday. Samsung Electronics’ Galaxy S6 Edge Plus. (Samsung)The award-winning produ

With the change of time and technology come new challenges for companies in running their businesses. Design gurus said companies should adapt to fast-changing business environments by building their own identity through design.“We have now arrived in the digital age, which poses a challenge against building a brand,” said Bob van der Lee, president of Amsterdam-headquartered branding agency Total Identity, in a speech at the fifth Herald Design Forum in Seoul on Tuesday. Bob van der Lee (Park H

Design should be “meaningful, impactful and inspiring,” since it is at the center of every business decision and decides the fate of a company.That is the belief of Randi Zuckerberg, founder and CEO of Zuckerberg Media and social media pioneer.Participating in the 5th Herald Design Forum held at Grand Hyatt Seoul on Tuesday, the Zuckerberg Media CEO shed light on the importance of design in running businesses. Randi Zuckerberg, founder and CEO of Zuckerberg Media and social media pioneer, delive

South Korea’s leading battery-maker LG Chem said Monday that it has secured a deal worth millions of dollars to supply its batteries for a project to build the world’s largest energy storage system for frequency regulation in Germany.The company’s lithium-ion batteries will be utilized in a project led by German power generator Steag to build the ESSs for frequency regulation in six regions in Nordrhein-Westfalen and Saaerland, Germany, in 2016.The ESS for frequency regulation is used to maintai

SAMSUNG SMARTWATCH LURES MIDDLE EAST -- Samsung Electronics said Sunday that it would run the Galaxy Studio in Dubai until Oct. 21 to showcase its Samsung Gear S2 smartwatch featuring a round face for the first time in the Middle East. (Samsung)

LG OLED EYES EUROPEAN MARKET -- LG Electronics said Sunday it will run the OLED TV Roadshow until Nov. 16 at Beaugrenelle, a shopping mall in Paris, where the firm will promote its organic light-emitting diode TVs. (LGE)

　Given the saturated wireless network market, Korean mobile carriers have been shifting their focus to pay TV in an effort to secure new revenue sources.　Pay TV services including Internet Protocol TV or cable TV are among those areas where the network providers have been competitively trying to increase their presence in recent years.　The latest move was made earlier this week by SK Telecom, the largest mobile carrier in Korea in terms of subscribers, when it announced that it would take over c

Samsung Electronics topped smartphone sales charts in five global markets in the July-September period, according to an industry report Sunday.The tech giant took the top spot in five regions -- Western Europe, Asia-Pacific, Central and South America, Eastern Europe and the Middle East and Africa.Samsung shipped a total of 83.8 million smartphone units during the three-month period -- 15.3 million in Western Europe, 23.2 million in Asia-Pacific, 11.8 million in Central and South America, 69 mill

Authorities are poised to slap sanctions on Samsung Group for violating equity investment regulations when it merged Samsung C&T with Cheil Industries in September. The Fair Trade Commission said Friday it was investigating whether the merger deal has created any new cross-shareholdings among Samsung affiliates or strengthened their existing cross-shareholding structure.  (Yonhap)The current antitrust rules prohibit conglomerates from creating a new circular ownership among affiliates through eq

The South Korean government Friday unveiled plans to ease regulations on drones and self-driving cars, paving the way for the futuristic technologies to spur related industries. The plans were given in a brief when President Park Geun-hye presided over the fourth regulatory reform ministerial meeting at Cheong Wa Dae. “Deregulation is crucial to secure our future growth engines and to revitalize the economy,” said the president, calling for parliamentary support for the passage of related bills

Instagram, the photo-sharing mobile application owned by Facebook, is aiming high with its advertising business in Korea, one of its fastest-growing markets.  “Korea is one of the fastest-growing markets for Instagram, with the number of users soaring 100 percent over the past year,” said Benjamin Jo, head of Facebook Korea, at a media event in Seoul on Thursday, declining to give detailed numbers. “The service’s flexibility allows us to expand ties with diverse Korean companies, both big and sm