Rumors gain momentum on speculation that carmaker is scrapping Hyundai Autron

LAS VEGAS ― Gary Shapiro, the president and CEO of the Consumer Electronics Association, organizer of the International CES, said the support of the Korean government made it possible to plan an event attended by the world’s most innovative companies. “The South Korean government has clearly invested as a national policy in broadband Internet, and has a legal structure which encourages the formation of companies which are innovative,” said the president at a press meeting held last week during t

Kim Dae-hoon, CEO of LG CNS, a Korean IT services provider, urged his executives and employees to zero in on expanding overseas by aggressively bidding for and securing projects this year.Some 600 executives, team managers and employees from headquarters and overseas offices of Korea’s biggest system integrator gathered in Seoul last Friday with CEO Kim, who asked them to accelerate their global efforts and achieve success.“Let us make new history this year,” Kim told his employees.He added that

Robotics-based service plans confront technical, legal, privacy concerns

LAS VEGAS ― LG Electronics, the world’s second-largest maker of TVs, appeared to be determined to prove critics wrong by solidifying its position in the global market on all appliance fronts by focusing on premium lineups. “We will try to maintain our leadership over other competitors in the U.S. household appliances market by rolling out leading products and putting more focus on technology innovation,” said Jo Seong-jin, president of LG Electronics’ home appliance company during a press meetin

LG Electronics vice chairman Koo Bon-joon paid a visit to the electronics firm’s booth and the exhibition venues of automotive companies at the 2014 International CES in Las Vegas on Wednesday. “LG has to get itself ready for the automotive parts business as the transition from traditional vehicles to smart cars utilizing electronics technology is accelerating,” Koo said after visiting the exhibition wing for the vehicles.The company has long been preparing to jump into the automotive sector, as

Thales Alenia Space, a French-Italian aerospace company that manufactured KT Corp.’s satellite Koreasat-5 ― a communication satellite also known as the Mugungwha 5 ― will most likely have to reimburse KT for a malfunction found in the solar panels, a source said on Wednesday.“KT will call for Thales Alenia to take responsibility, since (the satellite) is still within the design lifespan,” said the source, indicating that the insurance coverage has yet to expire. Thales Alenia's insurance is expe

Car-driver connectivity steals the show at this year’s CES

Next-generation services target niche consumers

SK Planet, a wholly owned subsidiary of SK Telecom, could seek to merge two mobile messengers it has invested in, industry sources said.The two instant messengers are Tic Toc and Frankly, and their services could be integrated into “one” single platform when one of them achieves success overseas, they noted.SK Planet and the founders of Tic Toc invested in San Francisco-based Frankly, which provides messenger services similar to Snapchat. Frankly’s messages also disappear immediately after users