South Korean smartphone-maker Samsung Electronics has finally set the launch date and venue of its upcoming smartphones ― the Galaxy Note 5 and Galaxy S6 Edge Plus ― for Aug. 13 in New York, according to news reports.A Samsung official was quoted by a local news outlet as saying that “the Korean firm has sent invitations to its customers and partners for the New York unveiling event on Aug. 13.” Samsung Electronics’ Galaxy Note 4. SamsungIt had been rumored that the launch event would be advance

South Korean online game developer NCSOFT said Tuesday it would beef up its partnership with U.S. chipmaker NVIDIA to complete the development of its upcoming role-playing game “Lineage Eternal.”Lineage Eternal (NCSOFT)In order to deliver vivid and immersive visual effects, NCSOFT said it would deploy the latest computer graphics technology from NVIDIA. The Korean game developer has been collaborating with the U.S. graphics chipmaker for many years. Most recently, the companies held a test run o

NEW SAMSUNG BUDGET SMARTPHONE -- South Korean tech giant Samsung Electronics released its low-end, selfie-oriented Galaxy J5 smartphone in the domestic market on Tuesday. The smartphone which is fitted with a 5.0-inch super AMOLED display and a 5MP front-facing camera allows users to take 120-degree wide-angle selfies. Samsung NEW SAMSUNG BUDGET SMARTPHONE -- South Korean tech giant Samsung Electronics released its low-end, selfie-oriented Galaxy J5 smartphone in the domestic market on Tuesday.

LG DISPLAY SEEKS COPROSPERITY -- LG Display chief executive Han Sang-beom (second from left, front row) and Ahn Choong-young (second from right), chairman of the Korean Commission for Corporate Partnership, pay a visit to a production line of Osung Display, one of LG Display’s partners, in Yangju, Gyeonggi Province, on Tuesday. LGD

South Korea’s leading chemical and materials firm LG Chem has called on all executives and employees to brace for “uncertainties” in the global economy, despite the marked improvement in its business.“LG Chem has made improvements in businesses during the first half compared to the same period last year as executives and employees have made concerted efforts to achieve our goals,” CEO Park Jin-soo said at a meeting with them at the firm’s plant in Naju, South Jeolla Province, on Monday.“Let’s pr

Asia is currently the world’s fastest-growing region, and foreigners are beginning to spot opportunities to found their start-ups in Asian countries.“What I’m seeing is a real increase in entrepreneurship and a real increase in mobility, especially among younger entrepreneurs,” said Peter Wall, cofounder of Hubud, a coworking space in Bali, Indonesia.However, it is not easy to set up a foreign start-up across the region. While some hubs, like Singapore, are keener to globalize and attract foreig

Outside the headquarters of Daum Kakao in Bundang, Gyeonggi Province, on Monday, two groups clashed over the Korean search giant’s hot-selling taxi-hailing service, KakaoTaxi. One group, representing chauffeur service companies nationwide, protested against the company’s possible entry into a market that is crowded with smaller players, while the other group, representing their drivers, urged it to enter and solve the industry’s unfair treatment of drivers. “It is true that we are working on the

SAMSUNG UNVEILS GALAXY TAB S2 -- South Korea’s tech giant Samsung Electronics unveils its new tablet PC, the Galaxy Tab S2, on Monday. The tablet comes in 9.7-inch and 8.0-inch displays and features 32 or 64 GB of internal storage, an octa-core application processor and a fingerprint scanner. The new device will be roll out in global markets from August. SamsungSAMSUNG UNVEILS GALAXY TAB S2 -- South Korea’s tech giant Samsung Electronics unveils its new tablet PC, the Galaxy Tab S2, on Monday. T

MID-TIER GALAXY SMARTPHONE -- South Korean tech giant Samsung Electronics starts to receive preorders for its mid-tier smartphone, the Galaxy A8, from Tuesday through Wednesday through mobile carrier SK Telecom in the domestic market. SKT MID-TIER GALAXY SMARTPHONE -- South Korean tech giant Samsung Electronics starts to receive preorders for its mid-tier smartphone, the Galaxy A8, from Tuesday through Wednesday through mobile carrier SK Telecom in the domestic market. Samsung MID-TIER GALAXY SM

LG 3G HANDSET -- South Korean electronics giant LG Electronics will roll out its mid-range 3G smartphone, the Bello II, in Latin America and India this month, followed by other markets including Europe and the Commonwealth of Independent States throughout the third quarter this year. The device with a 5.0-inch display sports a 5MP front-facing camera and a removable 2,540mAh battery.　LGE LG 3G HANDSET -- South Korean electronics giant LG Electronics will roll out its mid-range 3G smartphone, the

Heir to seek tighter grip on Samsung Electronics

ICT Minister Choi Yang-hee said Friday that a government measure to curb overheated competition in the Korean wireless industry has yielded positive results.“No one would deny that the Mobile Device Distribution Improvement Act has achieved its initial goal of resolving discrimination against consumers,” said the ICT minister in a press meeting in Gwacheon, Gyeonggi Province, dismissing claims that the act has undermined the global competitiveness of Seoul-based handset-makers such as Samsung El

CJ Group and the Ministry of Science, ICT and Future Planning opened the Seoul Creative Economy and Innovation Center, a start-up incubator aimed at transforming the city into a hub of entrepreneurs, in Seoul on Friday.The nation’s 16th creative economy center was set up as part of the Korean government’s flagship creative economy policy, which promotes healthy growth of both conglomerates and small and medium-sized businesses. ICT Minister Choi Yang-hee (seventh from left) and officials from CJ

LG G4 IN TEL AVIV — Video clips featuring the aerial views of Israel’s capital Tel Aviv have drawn attention as they crossed 500,000 hits this week on LG’s Facebook account in the country. The tech giant made the films last month with a drone loaded with its G4 smartphone to celebrate the launch of the handset in Israel. LGE LG G4 IN TEL AVIV — Video clips featuring the aerial views of Israel’s capital Tel Aviv have drawn attention as they crossed 500,000 hits this week on LG’s Facebook account