The Korea Herald

LG Uplus braces for 5G era

Dec 7, 2014

Next-generation mobile network to drive innovation
Korea reveals new ICT vision

Dec 5, 2014

The South Korean government has set forth a new vision for enabling the country to achieve sustainability through information technology amid the dawning of the Internet of Things era.In an event commemorating the country’s achievement of connecting the society through IT since 1984 in Pangyo, Gyeonggi Province, Friday, the Ministry of Science, ICT and Future Planning unveiled a road map for the future of Korea’s technology.The five strategic visions are: developing a digital market where everyo
Samsung seeks to overturn $930m compensation order

Dec 5, 2014

South Korean tech giant Samsung Electronics Co., which has been engaging in legal disputes with Apple Inc. over patent infringement, said Friday that a U.S. court’s earlier compensation order worth $930 million was excessive, adding that it had not copied Apple’s products.In an appeals trial held at the United States Court of Appeals for the Federal Circuit, Samsung said the earlier ruling should be overturned, as its products do not have the Apple logo and have different home-button designs.“We
Samsung seeks to overturn US$930 mln compensation order

Dec 5, 2014

South Korea's tech giant Samsung Electronics Co., which has been engaging in legal disputes with Apple Inc. over patent infringement, said Friday that a U.S.court's earlier compensation order worth US$930 million is excessive, adding that it has not copied Apple's products.In an appeals trial held at the United States Court of Appeals for the Federal Circuit, Samsung said the earlier ruling should be overturned as its products do not have the Apple logo and have different home-button designs."We
Samsung makes fewest executive promotions in six years

Dec 4, 2014

Conglomerate keeps focus on maintaining stability amid falling profits
[Herald Interview] Singaporean start-up Subnero takes Internet underwater

Dec 3, 2014

Underwater wireless networks to open window of opportunity
Korean start-ups prefer public offering over sale: survey

Dec 3, 2014

South Korean entrepreneurs prefer launching an initial public offering of their start-ups rather than selling them to buyers to achieve growth, the Korea Chamber of Commerce and Industry said Wednesday.In a KCCI survey of some 300 tech venture firms and 50 venture capital funds, more than half of the respondents said that they would choose being listed on the stock market over seeking a merger and acquisition deal with conglomerates. About 63 percent said they would opt for an IPO in order to bo
Twitter tries to make abuse reports easier

Dec 3, 2014

Twitter is trying to make it easier for victims and witnesses of online harassment to report it. The short messaging service said Tuesday that the new tools will roll out to users over the coming weeks. It’s available now for a small group of Twitter’s 284 million members. Among other changes, the updates streamline the process for reporting abuse, especially on mobile devices. Twitter says it also made “behind-the-scenes improvements” that speed up response times to reported tweets and accounts
Daum Games to release blockbuster ‘Black Desert’

Dec 2, 2014

Long-awaited epic fantasy game eyes U.S., Europe players
Samsung Electronics to sell fiberoptics business to Corning

Dec 2, 2014

Korea’s top tech giant, Samsung Electronics Co., said Tuesday it has decided to sell its optical material business to U.S. specialty glass maker Corning Inc., in the latest move to reorganize the firm’s portfolio amid falling profits from its mainstay handset division.Under the deal, the world’s No. 1 maker of smartphones will sell its optical material-related facilities in South Korea, as well as its China-based subsidiary Samsung Electronics Hainan Fiberoptics Co., an optical fiber cable manuf
SK Telecom raided over suspected private data collection

Dec 2, 2014

State investigators raided the headquarters of SK Telecom in Seoul on Tuesday over suspicions that the country’s top mobile carrier illegally collected its users’ health records.A joint team of prosecutors and government officials said they had seized documents and computer hard drives related to the health-care business of the company, which is suspected of gathering the information without the users’ consent.Task force officials said that SK Telecom’s headquarters was subject to up to seven ho
Swedish air purifier-maker targets premium consumers

Dec 2, 2014

Swedish air purifier-maker Blueair has launched new models in South Korea to compete against premium products made by local rivals such as Samsung Electronics, LG Electronics and Winix.The chief of the Swedish firm is confident that the new Blueair E series ― the 650E, 450E and 270E ― would appeal to Korean consumers. “Our vision is to enable people to breathe clean air, which is a basic human right,” said Bengt Rittri, the chief executive of Blueair at a media conference held in Seoul Tuesday.
3 Samsung mobile biz executives to resign

Dec 1, 2014

Top executives at Samsung Electronics’ mobile business unit will step down to take responsibility for the sluggish mobile business this year, according to sources Monday. Market watchers had expected the anticipated reshuffling, as Samsung had signaled that it would take action to streamline its oversized mobile business down the road. Lee Don-joo, chief of the mobile business unit’s strategic marketing office, Kim Jae-kwon, chief of the global operations office and Lee Chul-hwan, head of the mo
Battle escalates over video traffic

Nov 30, 2014

Broadcasters’ Naver alliance expected to undermine YouTube’s Korea presence
LG Group reshuffles key executives

Nov 27, 2014

Group’s heir apparent Koo Kwang-mo promoted to vice president of LG Corp.