Xiaomi Tech, a Chinese smartphone maker, outpaced U.S. giant Apple Inc. in China's market share during the first quarter, data showed Wednesday, emerging as another threat to Samsung Electronics Co.Xiaomi became the No. 3 player in the region with a market share of 11 percent, outdoing Apple for the first time, according to the data by Counterpoint Technology Market Research. The U.S. firm's market share measured at 10 percent.South Korea's Samsung maintained its top spot at 18 percent, followed

Samsung Electronics Co. will challenge a jury’s $120 million award to Apple Inc. in a patent-infringement verdict that was “unsupported by evidence,” a lawyer for the Korean company said. Samsung will ask the trial judge and an appeals court, if necessary, to reduce the damages awarded by the jury May 2 and yesterday to zero, John Quinn, a lawyer for the maker of Galaxy smartphones, said in a statement. Apple sought as much as $2.2 billion in damages in the companies’ second U.S. trial as the wo

Hyundai Elevator on Thursday said it has developed a new type of elevator that can be summoned without pressing a button.The nation’s No. 1 moving solutions provider said the New Yzer model is the first of its kind in the world to use foot motion detection to operate a “machine-roomless elevator.” The system is triggered when sensors detect foot movements near the elevator doors and summons the lift to that floor without a button being pushed. This can be convenient for people carrying large loa

The telecom ministry said Thursday it plans to put up for auction the sole right to use the spectrum band of 2.5GHz, used for Long Term Evolution time-division duplex and wireless broadband, in the second half.The move comes as KMI, a South Korean telecom firm, seeks to become the fourth local mobile carrier with the LTE-TDD network. The ministry had said it would receive applications for the mobile business license through early June and later commence the auction among qualified bidders.KMI wi

Lawmakers have started taking action to end illegal subsidies offered to consumers by Korean smartphone makers including Samsung Electronics and mobile carriers.The National Assembly’s Science, ICT, Future Planning, Broadcasting and Communications Committee on Wednesday passed a bill aimed at fixing the distorted retail structure of the local smartphone market caused by excessive subsidies doled out by handset makers and mobile network operators to entice customers.The bill regulates the amount

South Korea’s top fixed-line operator KT Corp. said Wednesday it suffered another net loss in the first quarter from a heightened battle among mobile carriers and stronger monitoring by telecom authorities.Net loss came to 40.9 billion won ($39.2 million) in the January-March period, improving from a net loss of 542.5 billion won in the previous quarter, the country’s No. 2 mobile carrier said in a regulatory filing. It posted a net profit of 212.6 billion won in the first quarter of 2013.Revenu

South Korea's top fixed-line operator, KT Corp., said Wednesday it remained in net loss in the first quarter from a heightened battle among mobile carriers and stronger monitoring by telecom authorities.Net loss came to 40.9 billion won ($39.2 million) in the January-March period, improving from a net loss of 542.5 billion won in the previous quarter, the country's No. 2 mobile carrier said in a regulatory filing. It posted a net profit of 212.6 billion won in the first quarter of 2013.Revenue e

Samsung Electronics Co., the world’s largest manufacturer of chips and smartphones, said Monday it has commenced mass production of its 3-bit-per-cell solid state drives for data centers, offering a wider range of choices to consumers.Samsung said the 3-bit-per-cell SSD, which is equipped with the industry’s most compact 10-nanometer class, 128-gigabit high-performance NAND flash memory, has improved performance compared to the previous 2-bit based models. A SSD is a data storage device used mos