The Korea Herald

Cisco courts Samsung for ‘Internet of Things’

Jun 18, 2014

Cisco Systems, the U.S. network equipment giant, said that Samsung Electronics would be its “natural partner” to develop and deploy a network enabling connections to multiple cloud computing systems such as public and private enterprise clouds.The two companies, which have a patent cross-licensing agreement, have not yet gotten into the details of Cisco’s so-called Intercloud for its customers and partners.But Robert Lloyd, president of Cisco’s development and sales, said Korea’s global tech man
LG CNS to set up joint venture with Uzbek government

Jun 18, 2014

LG CNS, the IT affiliates of LG Group, said Wednesday it has agreed with Uzbekistan to establish an e-government system there through a joint venture.Under the memorandum of understanding, the two plan to start the project in 2015. The agreement was initiated at Uzbekistan’s request, the company said.The deal was reached during South Korean President Park Geun-hye’s visit to Uzbekistan, the first stop on her six-day tour of Central Asia.South Korea’s e-government administrative system has been r
Korea to share experience of reforestation with the world

Jun 18, 2014

Minister vows to contribute to global initiatives on preventing desertification
Amazon expected to unveil its own smartphone

Jun 18, 2014

Amazon stages a mystery unveiling -- widely expected to be a smartphone -- on Wednesday to delve into a super competitive market dominated by Apple and Samsung.The company has given a hint as to what is in store and invited a small group of media to the Seattle event to be hosted by Amazon founder and chief executive Jeff Bezos.The announcement contained an image of what appeared to be the edge of a smartphone -- a device long rumored to be in the works by the Seattle, Washington firm, which is
Korea, EU to develop 5G mobile network

Jun 16, 2014

South Korea and the European Union will work together to develop technologies for a next-generation mobile information and communication network, while also jointly seeking to set global standards with the new technology, the Seoul government said Monday.Such an agreement was reflected in a joint declaration signed and announced at a Seoul hotel.“In the joint declaration, the two sides agreed to work closely to strengthen their cooperation in the information and communication technology sector,
KT, SKT tie up with small firms to tap global market

Jun 16, 2014

Korea’s leading mobile carriers are ramping up efforts to nurture startups and help them gain a foothold in the global market. KT Corp., Korea’s largest telecom company, said Monday that it would run a startup nurturing program, called “Startup Nomad,” in collaboration with VentureSquare, a leading Korean startup accelerator. A total of eight teams will be selected for the program and given a variety of support to begin a business at home and abroad. The support includes seed capital of 20 milli
LG Chem expands in China’s EV battery market

Jun 15, 2014

LG Chem, the world’s leading electric car battery maker, said Sunday it had inked supply deals with SAIC Motor and Qoros Automotive, two of China’s leading car assemblers.Under the deals, the South Korean battery manufacturer will supply batteries for SAIC’s next-generation plug-in hybrid electric vehicles, and Qoros’ hybrid electric vehicles.LG Chem did not give further details on the deals, citing its nondisclosure agreements with the automakers. LG Chem president Kwon Young-soo. ( LG Chem)“L
Apple, Samsung drop appeals in ITC phone-patent dispute

Jun 15, 2014

Apple Inc. and Samsung Electronics agreed to drop their appeals of a patent-infringement case at the U.S. International Trade Commission that resulted in an import ban on some older Samsung phones.The import ban will remain in effect, according to a filing with the U.S. Court of Appeals for the Federal Circuit in Washington dated today. Details were not provided, and Adam Yates, a spokesman for Samsung, and Kristin Huguet, an Apple spokeswoman, declined to say whether the companies had reached a
Samsung shows its lightest tablet PC in U.S. market

Jun 13, 2014

South Korea's tech giant Samsung Electronics Co. announced a new tablet PC on Friday in the United States that will be the thinnest and lightest model of its Galaxy tablet PC lineup.Galaxy Tab S. (Samsung Electronics Co.) The Galaxy Tab S, set to be released around the globe in July, comes in two sizes of 10.5-inch and 8.4-inch displays. Users will be given a choice of WiFi editions or long-term evolution versions. Samsung Electronics said the 10.5-inch version of the 6.6 mm-thin device will wei
KT, China Mobile unveil world’s first VoLTE roaming

Jun 12, 2014

SHANGHAI ― KT Corp., South Korea’s largest telecom company, showcased the world’s first cross-border roaming services based on the Voice over Long Term Evolution at the 2014 GSMA Mobile Asia Expo Thursday.The Korean mobile carrier partnered up with China Mobile, China’s leading mobile operator, to develop the VoLTE roaming services.“KT and China Mobile have solved technical barriers that hampered faster and more stable roaming services than the current ones,” said KT CEO Hwang Chang-gyu, while v
Samsung Electronics retains top spot in DRAM market

Jun 11, 2014

Samsung Electronics, the world’s top chipmaker, topped the dynamic random access memory market in the first quarter of 2014, retaining its dominant position, which it has held since 1992.The South Korean tech giant accounted for 37.2 percent of the world’s DRAM market in terms of sales in the January-March period, up 0.9 percent from a year earlier, the data compiled by industry tracker IHS iSuppli showed. No. 2 player SK hynix took up 27.8 percent in the first quarter, meaning that the two Sout
KT envisions ‘GiGAtopia’

Jun 11, 2014

CEO Hwang urges industry to standardize technology for IoT
LG CNS going global with big data solutions

Jun 11, 2014

LG CNS, one of South Korea’s leading IT solutions companies, said Wednesday that it has started to provide a comprehensive analytic service using social network data in China with its partner SAS China.This marks the first time for the Korean IT firm to make inroads into China’s big data sector, which is still nascent but holds potential as the world’s second largest economy saw an annual 50 percent growth in social network services. LG CNS employees pose as the company introduces its “Smart SMA
MAE showcases connected mobile technology

Jun 11, 2014

SHANGHAI, China ― The 2014 Mobile Asia Expo, Asia’s largest mobile trade show, kicked off Wednesday, offering a glimpse into the future of mobile technology.At the three-day mobile trade show, exhibitors from various industries, including Huawei, Deutsche Telecom and BMW, showcased their cutting-edge technologies, such as machine-to-machine communication solutions, wearable devices and smart cars. Some participants of the event also displayed education and health care solutions, which will lead
Alibaba to absorb mobile browser firm before listing

Jun 11, 2014

Chinas Alibaba said Wednesday it will absorb mobile browser developer UCWeb, calling it the “biggest” merger in the country’s Internet industry, as the e-commerce giant continues a deal binge before listing.Alibaba has stepped up acquisitions to expand beyond its traditional online shopping business ahead of a planned US listing that could raise around $15 billion, putting it on par with Facebook’s $16 billion IPO in 2012.This marks the third deal by Alibaba in a week. On Tuesday, the company un