The Korea Herald

LG to crack down on fake G3 phones in China

Mar 29, 2015

LG Electronics, one of the leading smartphone-makers in the world, said Sunday it would crack down on counterfeiters, especially those copying its flagship premium smartphone G3 in China. According to the company, several G3 phones are now sold for about 100,000 won ($90) ― almost one-fifth the starting retail price ― via Chinese online shopping sites like Taobao and Baidu. The vendors are even promoting the phones along with an additional replaceable battery and a certification of authenticatio
LG vows to deal sternly with Chinese G3 knock-offs

Mar 29, 2015

South Korea's No. 2 tech giant, LG Electronics Inc., said Sunday it will take "strong" action against sales of counterfeit G3 smartphones in China by joining forces with Beijing authorities. LG said the move came as a number of smartphone retailers in China are selling the fake G3 smartphones at a price tag of less than $100 on major websites, including Taobao and Baidu, while claiming the phones are genuine products with official certificates. The long-term evolution version of the product wa
LG to unveil G4 in late April

Mar 27, 2015

South Korea’s tech giant LG Electronics is expected to unveil its next flagship smartphone G4 at the end of April, according to sources on Friday.“LG has recently decided the debut schedule for its new marquee phone G4,” said one of the sources who declined to be named. LG Electronics mobile business chief Cho Ju-no also hinted during the Mobile World Congress in Barcelona earlier this month that it could unveil the G4 in April. A leaked image of LG Electronics’ G4 (Android Central)Cho also said
Samsung, Citic seek to expand partnership

Mar 26, 2015

Samsung Electronics vice chairman Lee Jay-yong and China’s Citic Group chairman Chang Zhenming met Wednesday in Beijing to extend their partnership in the soaring Chinese stock market, officials said Thursday. During the meeting, Lee, the de facto head of South Korea’s largest conglomerate, suggested expanding the partnership into various finance areas such as exchange-traded fund business. Citic’s Chang also showed a positive response, proposing to install a new communication channel to continu
LG CNS rolls out set-top box for smart home services

Mar 26, 2015

LG CNS, a leading IT service firm in Korea, said Thursday it has developed new smart-home solutions that allow users to control all home appliances via a single set-top box. Based on Internet of Things technology, the solutions ― the first of their kind in Korea ― use a TV remote control or a smartphone to control all home appliances from lightbulbs to CCTVs and air conditioners. The solutions, running on Google’s Android operating system, can also operate existing cable TV set-top boxes through
SK Telecom slapped with fine, suspension

Mar 26, 2015

The Korea Communications Commission, the state telecommunications regulator, slapped South Korea’s largest wireless carrier SK Telecom with a fine of 23.5 billion won ($21.3 million) and a seven-day business suspension for triggering overheated competition in the domestic mobile network market by giving out excessive subsidies to allure subscribers. The decision came after the KCC started a series of investigations into allegations in January that SKT had been doling out rebates to customers.KT,
Hologram concerts to thrill K-pop fans

Mar 25, 2015

KT, YG team up to attract hallyu fans with futuristic technology
LG Uplus releases LTE smart car service

Mar 25, 2015

LG Uplus, one of the leading mobile carriers in Korea, said Wednesday that it has rolled out a Long Term Evolution-based vehicle monitoring service, called Telematics in Athena, or TiA.The mobile carrier said the LTE car monitoring system allows drivers to check the status of their vehicles in real time, such as information about fuel, the battery and engine oil. Models pose with LG Uplus’s Long Term Evolution-based smart car monitoring system at a Volkswagen showroom in Bundang, Gyeonggi Provi
Korea to inject W9tr into ICT by 2020

Mar 25, 2015

The South Korean government said Wednesday it plans to pour 9 trillion won ($8.1 billion) into the information communications technology industry by 2020. The Ministry of Science, ICT and Future Planning announced the new plan, dubbed the K-ICT Strategy, pledging to elevate the nation’s related production to 240 trillion won and exports to $210 billion over the next five years. Under the plan, the government will overhaul the nation’s ICT industry as a whole; make a large-scale investment to exp
GALAXY IN FASHION

Mar 25, 2015

Samsung Electronics, the world’s largest smartphone maker, holds the Galaxy S6 First Look runway show in Seoul on Tuesday, in which fashion designers and models introduced collaborations that merge fashion and the tech giant’s upcoming smartphones, the Galaxy S6 and S6 Edge. (Samsung Electronics)
Samsung SDI, ABB join hands to develop energy solutions

Mar 25, 2015

Samsung SDI, South Korea’s leading battery maker, said Wednesday that it has inked a memorandum of understanding with Swiss power and automation technology provider ABB for development and sales of energy storage system solutions for microgrids. Samsung SDI chief executive Cho Nam-sung (left) holds hands with Ulrich Spiesshofer, chief executive of ABB, after signing a memorandum of understanding for development of energy storage systems in Switzerland on Wednesday. Samsung SDIAt the signing even
S. Korea set to launch new science satellite from Russia this week

Mar 25, 2015

Preparations are on schedule for the launch of a new South Korean satellite this week that will help enhance its ability to monitor the Earth's surface, the science ministry said Wednesday."The status of the satellite is stable and so there has been no change to the scheduled launch," Choi Seok-yeon, an official from the Korea Aerospace Research Institute overseeing the mission, told reporters in Yasny, Russia.The Korea Multipurpose Satellite-3A (KOMSAT-3A) is scheduled to lift off at 3:08 a.m.
Korea to invest W5.6tr in tech sectors by 2020

Mar 24, 2015

The South Korean government plans to invest 5.6 trillion won ($5 billion) into new growth engine industries by 2020, ministries said Tuesday, reaffirming the Park Geun-hye administration’s will to realize its creative economy initiative. The new budget plan is expected to generate $100 billion in exports of related products and services by 2024, officials said. The Ministry of Science, ICT and Future Planning and the Ministry of Trade, Industry and Energy ― the two government offices in charge o
Samsung, MS beef up mobile partnership

Mar 24, 2015

Samsung Electronics, the world’s largest smartphone-maker, said Tuesday it would reinforce its partnership with Microsoft to deliver the U.S. software giant’s mobile services.The Seoul-based tech giant said that a wider range of MS mobile services would be available on its smartphones and tablet PCs in future. As announced during the Mobile World Congress in Barcelona earlier this month, some of Microsoft’s cloud-based productivity services, including OneNote and OneDrive, and Internet voice and
GLOBAL PROMOTION

Mar 24, 2015