Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units ― Nokia phones and Bing search ― would become profitable in 2016.The agenda, announced Tuesday as Microsoft reported fourth-quarter earnings that beat Wall Street expectations, helped boost the company’s shares, which added 52 cents, or 1.2 percent, to $45.35 in after-hours trading. Five months after

SK hynix, the world’s second-largest memory chipmaker, is unlikely to be affected by the billion-dollar lawsuit filed by Toshiba Corp., according to some analysts on Tuesday.“It will take a very long time to actually verify whether SK hynix sought profit by making products that stole Toshiba’s technology,” Byun Han-joon, an analyst at KB Investment & Securities, told Yonhap. “The process will take at least years, and it will not have an immediate impact on the company.”Yoo Eui-hyung, an analyst

Executives of Samsung Electronics’ mobile division returned about one-fourth of the bonuses they received for the first half of this year after the unit posted lackluster second-quarter earnings on slow smartphone sales, industry sources said Friday. More than 100 executives in Samsung’s IT and mobile division reportedly returned a combined 3 billion won ($2.9 million) worth of their regular incentives, also known as the target achievement incentive.TAI is distributed every six months based on t

South Korea’s No. 2 tech giant LG Electronics Inc. has overtaken Samsung Display Co. in the global market for Ultra HD TV panels for the first time in May, data showed Friday, with Taiwan’s Innolux Corp. keeping its top position.LG took up 27.6 percent of the global UHD TV panel market in May, outdoing the 22.2 percent held by Samsung, the data compiled by market tracker DisplaySearch showed. In April, LG and Samsung held 22.9 percent and 23.4 percent.While Innolux has dominated the market with

Fuji Xerox Korea, a leading document management firm, said Thursday it would make efforts to solidify its leadership in the document management services market. “Fuji Xerox Korea will continuously provide a better work environment for our customers and also make contributions to society,” said Ueno Yasuaki, chief executive of the company, at a press meeting marking the 40th anniversary of its entry into the Korean market.In line with the efforts, the company, which introduced the first color cop

CrucialTec, a leading fingerprint solution developer, said Thursday that it would develop a fingerprint authentication solution to be featured on financial authentication certificates for online banking services in South Korea. Once the authentication solution is developed later this year, smartphone users would be able to use fingerprint identification when accessing mobile banking services on their smartphones, instead of the conventional password-based authentication process, which is deemed

Samsung Electronics is expected to team up with U.S. sports clothing maker Under Armour Inc. in a move that would help the world’s No. 1 smartphone maker make inroads into the global wearable devices market, according to industry sources on Wednesday. The reports came following a meeting that reportedly took place between Samsung heir Lee Jay-yong and Kelvin Plank, the founder and chief executive officer of Under Armour here earlier this month.The two are said to have discussed ways of counterin

Samsung Electronics Co.'s Galaxy S5 saw its monthly sales fall behind Apple Inc.'s iPhone 5s in May, a report showed Tuesday, reflecting the market's dull reaction to the new Galaxy lacking cutting-edge features.Apple's latest flagship product, launched in September 2013, ranked first on a list of the top 10 most-sold smartphones around the globe last month, outselling Samsung's latest Galaxy model, which only commenced official sales in April, the report released by Hong Kong-based researcher C

Beijing has informed Seoul that it has blocked the services of South Korea’s two popular mobile messaging applications, KakaoTalk and Line, since earlier this month, according to a South Korean diplomat close to the matter.He added that China has also indicated that the services would soon be unblocked. Along with other foreign online services, including Yahoo’s photo-sharing site Flickr, users in China have been unable to access online services of KakaoTalk and Line for more than 10 days, the s