The Korea Herald

Samsung remains top smartphone seller in Latin America

Jun 10, 2015

South Korean tech giant Samsung Electronics Co. remained the top smartphone seller in Latin America for a 15th consecutive quarter in the first quarter despite a significant drop in its market share, a report showed Wednesday. Samsung registered a market share of 29.5 percent in Central and South America in the January-March period, down from 38.4 percent during the same period a year earlier, according to the latest report by Counterpoint Technology Market Research. Samsung had been the lead
LG Chem launches new energy storage system in Europe, Australia

Jun 9, 2015

LG Chem, South Korea’s leading battery maker, said Tuesday it will be launching its new home energy storage system, RESU 6.4 EX, in Europe and Australia this week.The RESU, its name coming from residential energy storage unit, is a 6.4 kilowatt battery that can be paired with solar panels or work alone. The system is expandable to have an up to 12.8 kilowatt capacity with an additional two 3.2 kilowatt batteries. The company said the maximum capacity would meet 10 to 15 kilowatts of daily energy
Shipments of UHD LCD TVs surge nearly five-fold in Q1: report

Jun 9, 2015

Global shipments of ultra high-definition liquid crystal display TVs spiked nearly five-fold in the first quarter from a year ago, with South Korean TV makers taking up a majority market share, a report showed Tuesday. TV makers around the world shipped out a total of 4.7 million UHD TV models, otherwise known as 4K TVs, in the first three months of this year, growing by almost 400 percent from a year earlier, according to the latest report by market tracker IHS Technology. The 4K display, w
Samsung recalls chairman’s ‘Frankfurt declaration’

Jun 8, 2015

Samsung Group on Monday aired a special TV program throughout group companies to celebrate the 22nd anniversary of the “New Management Initiative” that was declared by chairman Lee Kun-hee. In 1993, Lee, who took office as chairman in 1987, summoned some 200 executives to Frankfurt for 17 days to deliver a wake-up call. It was also during the speech, more affectionately called the “Frankfurt declaration,” when he mentioned the famous phrase ― change everything except your wife and kids. Samsung
Samsung eyes China health market

Jun 8, 2015

South Korea’s tech giant Samsung Electronics is stepping up its efforts to increase its foothold in the Chinese health care market.The firm has reportedly inked a partnership deal with China’s second-largest insurer Pin Ang Insurance to develop mobile health care solutions and platforms, which enable Samsung devices ― such as the Galaxy smartphones and smart watches equipped with heart rate sensors ― to be used for medical purposes.The two companies reportedly plan to combine Samsung’s mobile he
SK hynix vows to enhance partnership with SMEs

Jun 8, 2015

South Korea’s leading chip manufacturer SK hynix said Monday it would run programs to beef up ties with its small- and medium-sized enterprise partners. Among the initiatives to support partner firms and their employees was the so-called “wage sharing,” program, through which SK hynix employees chip in 10 percent of the increased rate of their wages to improve the welfare of employees at the partner companies. The chip maker also doles out the same amount to support its partners. SK hynix employ
[Photo News] Star Quality

Jun 8, 2015

A model poses with Samsung Electronics’ newly released SUHD TV, 82S9W, which features an 82-inch curved display with a 21:9 aspect ratio, in Seoul on Monday. The electronics giant teamed up with world-renowned industrial designer Yves Behar for the design and packaging of the TV. (Samsung Electronics)
LG Electronics unveils Disney-themed smartphone in Japan

Jun 8, 2015

South Korea's No. 2 tech giant LG Electronics Inc. said Monday it has released a new handset in Japan with a design inspired by popular animations produced by The Walt Disney Company. The DM-01G smartphone, sold by Japan-based mobile carrier NTT Docomo Inc., is the eighth model of the Disney Mobile on Docomo lineup. The Android smartphone comes with a 5.2-inch Full HD IPS display and runs on the Qualcomm Snapdragon 801 Processor. It also has a 13.2-megapixel rear camera and a 2.4-megapixel fro
China favors Huawei P8 over Samsung Galaxy S6

Jun 7, 2015

Samsung Electronics’ brand awareness in the all-important Chinese smartphone market fell to second place behind China’s Huawei in May, a recent report found Sunday.According to the report by ZDC, a Chinese market research firm, Huawei topped the list for the first time this year with 15.9 percent awareness, followed by Samsung’s 15.2 percent and Apple’s 12.4 percent. Samsung, which had been running ahead of its rivals during the January-April period, failed to continue the momentum despite last
Samsung to open 38,000 patents to support start-ups

Jun 7, 2015

Samsung Group said Sunday it would open up about 38,000 patents to small and mid-sized firms with aims to support a business ecosystem for IT start-ups and venture firms.Of the patents owned by key affiliates, including Samsung Electronics, Samsung Display and Samsung SDI, some 3,400 patents will be offered free of charge, the group said. The group plans to receive applications for the patent use and offer related consultations through its Creative Economy Innovation Center in Gumi, North Gyeong
Merck, the modest family

Jun 5, 2015

Chairman shares secrets of successful family management over more than 300 years
Apple Watch to hit Korea on June 26

Jun 5, 2015

Apple said Friday that it would launch its first wearable gadget, Apple Watch, in seven more countries including South Korea on June 26 after it began rolling out the smart watch last April in some global markets.According to the Cupertino, California-based tech giant, among the group of new markets where the Apple Watch will be additionally available are Italy, Mexico, Singapore, Korea, Spain, Switzerland and Taiwan.The digital timepiece was previously only available in nine nations including t
LG Display CEO to share vision of future displays at IFA

Jun 4, 2015

LG Display chief executive and president Han Sang-beom will take the stage at IFA 2015 ― the world’s largest electronics trade show to be held in Berlin from Sept. 4 to 9 ― to share his vision on future display technologies, according to the company Thursday.The CEO will deliver a keynote speech themed “How display technologies will change our lives” on the first day of the event, and talk about what comes next after current high-end displays such as 4K and curved screens.He will introduce cutti
[Review] Google Photos, a powerful yet disconcerting app

Jun 4, 2015

Around 300 photos saved in my smartphones have always been treated like old stuff stuck in a drawer, as I never enjoy uploading pictures on social media.After using Google’s new photo storage app “Google Photos,” which is free, unlimited in storage capacity and available on both Android and Apple devices, I was impressed to see how the app could make my pile of old photos meaningful and entertaining. What makes Google Photos appealing was its smart search engine, allowing me to search for conten
Coupang wins $1b funding from SoftBank

Jun 3, 2015

Coupang, South Korea’s leading e-commerce company, said Wednesday it has secured new funding worth $1 billion from Japanese telecom giant SoftBank in a deal that would fuel its global expansion. The company said that the investment is expected to close at the beginning of July and will bring the total amount of funding it has raised over the past year to nearly $1.4 billion. In 2014, Coupang raised $300 million in an investment led by U.S. asset manager BlackRock. It also won a $100 million inve