Korean game developer Smilegate Group is teaming up with Hollywood production company Original Film for the big screen adaptation of its mega-hit shooting game “Crossfire.”This is the first time for a Korean-made game to be adapted for the silver screen. Launched in 2007, “Crossfire” was the world’s top-grossing online game last year, raking in 1.5 trillion won ($1.3 billion) in global sales. The number of concurrent users exceeds 6 million, the largest figure for a single game. Smilegate said W

Global venture incubators advised start-up wannabes to do something for failure rather than for success to disrupt the market.　Participating in Startup:CON 2015, a start-up conference organized by the Korea Creative Content Agency and the Ministry of Culture, Sports and Tourism on Wednesday, Luke Iseman, start-up incubator Y Combinator’s director of hardware, said those who want to make hits in the start-up scene have to be “crazy about what they do to change the world.”Luke Iseman, start-up inc

  SAMSUNG SHOWCASES FUTURE DISPLAY -- A model poses with a transparent OLED display produced by Samsung Display at the International Meeting on Information Display 2015, an annual conference for the display industry held from Wednesday to Friday at KINTEX in Ilsan. (Samsung Display)

LG BEEFS UP BUSINESS FOR VEHICLE PARTS -- LG Electronics said Tuesday it had earned the ISO 22301 standardization certification, which recognizes the ability to keep operating in emergent situations including natural disasters and accidents. (LGE)

NEXUS 5X READY TO DEBUT IN KOREA -- South Korea’s major mobile carriers -- KT, LG Uplus and SK Telecom -- started receiving preorders for Google’s Nexus 5X smartphone Tuesday. The Google phone manufactured by LG Electronics is fitted with the latest version of the Internet giant’s Android 6.0 Marshmallow operating system and a fingerprint sensor. (KT)

The Korean software market is often referred to as a “barren land” for domestic software developing firms since it is widely dominated by foreign software behemoths including Oracle, IBM and SAP.　Against all odds, TmaxSoft, established in 1997, has been increasing its foothold both at home and abroad with its own technological capabilities for database management systems, which help companies efficiently handle data. The headquarters of TmaxSoft in Bundang, Gyeonggi Province. (TmaxSoft)　Particip

SMART TV APP FOR UHD CONTENT -- LG Electronics launches the “Ultra HD World,” a TV application for ultra-high definition content, for the first time in Korea. The tech giant will offer 130 TV dramas, and shows in UHD for free by the end of this year. (LGE)

　South Korea’s leading telecommunications firm KT has been paving the way for the era of the 5G network as it actively engages in global efforts to establish technological standards for the faster network technology.　Participating in ITU Telecom World, a global information and communications technology conference, in Budapest, KT vowed to cement its leadership in the telecom sector by contributing to the growth of the world’s telecom industry and nurturing the ecosystem for technological converg

U.S. Ambassador Mark W. Lippert texts his message during a live tweet session with Korean Twitter users on Thursday. (Twitter Korea)　Korean Twitter users had a rare chance to communicate directly with U.S. ambassador to South Korea Mark Lippert through a question-and-answer session organized by Twitter Korea on Thursday. 　It was the second tweet session with VIPs in Korea, organized by Twitter Korea, after one with K-pop boy band GOT7 earlier this week. 　During the session, users of the microblo

Samsung Electronics on Thursday denied viral news reports that hacking attempts in March against LoopPay, the mobile payment solution provider for its Samsung Pay, led to a payment data leak in an attempt to ease consumers’ concerns over their privacy.　“The first thing to know is that Samsung Pay was not impacted by the LoopPay hack and at no point was any personal payment information at risk,” the tech giant said in a post on its official blog Thursday. 　 A mobile user makes tries to pay using

Shares of Samsung Electronics surged to a two-year high after the Korean tech giant posted third-quarter earnings guidance that beat analysts’ estimates. Customers try out Samsung devices at a store near the company`s headquarters in Seocho-dong, southern Seoul, on Wednesday. YonhapThe company estimated its third-quarter profit rose almost 80 percent on-year to 7.3 trillion won ($6.3 billion) from 4.06 trillion won, its first quarterly profit gain in two years and the biggest since the first qua

　Online-to-off-line (O2O) businesses that connect online customers with physical products and services are often referred to as a next big thing in the information technology, commerce and services sectors with more start-ups and conventional businesses jumping into the growing O2O market.　Anticipating that the combination between the online and off-line world would change the landscape of almost all industries, participants in the Tech Planet conference organized by information and communicatio