KT Corp. CEO Hwang Chang-gyu (center) and union officials pledge to promote peaceful labor-management relations this year on Friday. (KT Corp.)KT Corp. CEO Hwang Chang-gyu urged his employees to work effortlessly to gain the trust of consumers and lead the market.In his New Year speech at the company on Friday, Hwang said KT had faced a series of problems last year, and that the group and its units should work together to overcome the economic uncertainties ahead. The company faced further unpre

Kwon Oh-hyun, chief executive and vice chairman of Samsung Electronics, called on his executives and employees to develop new growth models for the Internet of Things as part of efforts to boost the company’s global competitiveness.In his New Year speech to some 400 employees at the company’s office in Seoul on Friday, Kwon said Samsung should establish a creative corporate culture in order to face new challenges in times of economic uncertainty.Samsung Electronics vice chairman Kwon Oh-hyun spe

Samsung Electronics said Thursday that it would unveil a lineup of smart televisions running on the Tizen operating system at the International Consumer Electronics Show in Las Vegas next week.The company said Tizen would offer a simple user-friendly interface, allowing consumers to rapidly find popular content via Samsung’s Smart Hub function, which will also recommend shows to viewers based on their viewing histories.South Korea’s biggest household appliance-maker has partnered with game devel

Samsung Electronics, the world’s largest smartphone maker by sales volume, took the top spot on a customer satisfaction index in 2014, beating its archrival Apple, the American Consumer Satisfaction Index, a U.S.-based private research firm, said Wednesday.Samsung scored 81 in the ACSI’s annual report for consumer satisfaction, a 6.6 percent increase from 76 last year. Its competitor Apple saw its score slide by 2.5 points on-year to 79, yielding the top spot to the Seoul-based tech giant.  Shin

Take a moment and imagine a world where every information and object is customized to your needs through the power of big data solutions, sensor and cloud computing technology.Even before you step out of the office and head home on a cold winter night, your automobile will not only know your final destination, but it will warm up your seat in advance, your thermostat will raise the temperature to heat up your house and your refrigerator will recommend what food to eat for dinner.Although this ma

The world’s smartphone industry will likely achieve a quantum leap in 2015 with a slew of cutting-edge technologies adopted in handsets, including a curved 4K display, a 64-bit processor and faster telecommunications chips.Local manufacturers are expected to ride the wave, with Samsung Electronics, the world’s largest smartphone-maker by sales volume, expected to unveil its flagship Galaxy S6 smartphone at the Mobile World Congress, the world’s largest mobile trade show, which will be held in Ma

Samsung to display home and kitchen appliances, LGE to focus on TVs

SK Telecom said Sunday that it had commercialized a tri-band Long Term Evolution-Advanced service for the first time ever, as part of efforts to develop fifth-generation telecommunications networks.The tri-band LTE-A service will enable users to download a 1-gigabyte movie in 28 seconds at a speed of 300 megabits per second, which is four times faster than existing fourth-generation LTE, and 21 times faster than the third-generation service, South Korea’s largest mobile carrier noted.This follow

Ticket Monster, or TMON, South Korea's first deal-of-the-day website, seems to be struggling to find an investor to shape its managerial direction and put the company on a solid financial footing. On Friday, investment bank Goldman Sachs denied market reports that it was considering buying the social commerce firm. Local news outlet MoneyToday had reported on the day that the U.S. firm planned to purchase some or all stakes in Ticket Monster or create a strategic alliance with other Korean fir

LG Electronics said Thursday that it would partner with Mercedes-Benz to develop a key auto component for the global premium automaker’s next-generation autonomous cars.South Korea’s second-largest consumer electronics company will partner with Mercedes-Benz to develop a stereo camera system, which works like a “human eye” with the capability to detect objects on the road ahead, LG noted. The system will use computational stereoscopic vision and sensors to enable driverless cars to gather traffi