The Korea Herald

Line a breakthrough for Naver?

Oct 11, 2013

Internet giant Naver is turning its eyes to the global market with its messenger service Line as the domestic online ad market rapidly nears saturation. The company hopes the seemingly successful operations will bring sufficient profit.On Tuesday, it was announced that Lee Hae-jin, founder of NHN, the parent company of Naver, had resigned from his chief strategy officer post as of January last year, and has since been serving as chairman of Line Corp., the Japanese arm of Naver that operates mes
Samsung Electronics sells 9% stock in Seagate

Oct 11, 2013

Samsung Electronics has sold a part of its stake in Seagate Technology, a global leader in hard drives and storage solutions, for a reported $1.51 billion, the latter said on Friday.The value, however, is based on current stock prices of Seagate and may differ as the deal is said to be an over-the-counter transaction. The 32.7 million shares that Samsung sold were equivalent to a 9 percent stake in Seagate. The Korean tech company previously held a 12.6 percent share but will now be left with sl
FSS requires Apple to use Korean payment solution

Oct 10, 2013

South Korea’s main financial regulator on Thursday ordered Apple to adopt a Korean payment system for its online store. The Financial Supervisory Service ordered KG Inicis, the payment gateway service provider for Apple’s online store, to adopt a public key certificate for transactions worth 300,000 won ($268) or more. Starting Thursday, users buying items valued over 300,000 won on Apple Store via major Web browsers ― including Microsoft’s Internet Explorer and Google’s Chrome ― will have to us
SK Hynix joins CSR alliance

Oct 10, 2013

Memory semiconductor supplier SK Hynix joined the Electronics Industry Citizenship Coalition, the company said on Thursday. The EICC is a coalition of some 80 global electronics companies including HP, IBM, and Dell working together to improve efficiency and social, ethical, and environmental responsibility in the global supply chain. Currently, there are only two Korean members, Samsung Electronics and LG Electronics, other than SK Hynix. SK Hynix must now adopt the EICC Code of Conduct in the
Seoul criticizes U.S. over ban on some Samsung mobile devices

Oct 9, 2013

Korean firm mulls appeal against ruling
Samsung launches curved ‘Galaxy Round’

Oct 9, 2013

Samsung Electronics will Thursday launch the world’s first curved-display smartphone running on SK Telecom’s LTE-A networks in a move highlighting the emergence of yet another device innovation and the strong partnership between the pair. The price was set at just over 1.08 million won for the “Galaxy Round,” which is available in a single brown color, according to the two firms on Wednesday. Samsung said while the display was not flexible ― it doesn’t move back and forth, nor is it moldable ― i
Apple said to debut new iPads Oct. 22

Oct 9, 2013

Apple Inc. will update its lineup of iPads at an Oct. 22 event, a person with knowledge of the plans said, as the company works to remain ahead of rivals in the increasingly crowded tablet market.The Cupertino, California-based company will unveil a new version of the original 9.7-inch iPad as well as the smaller iPad mini, said the person, who asked not to be identified because the plans haven’t been made official. Apple also will show its new Mac personal-computer operating system, called Mave
Samsung SDS forges global partnerships

Oct 9, 2013

‘Smart towns’ key part of firm’s future strategy
Building a cloud-based business world in Korea

Oct 9, 2013

Around the world, people, businesses and governments are turning to cloud computing to improve performance or add capabilities. According to a recent study by Oxford Economics, two-thirds of interviewed senior business and IT executives predicted speed and innovation as the gains by moving to the cloud. Cloud computing offers endless possibilities, and the sky is the limit, especially in South Korea. South Korea’s Internet development is as jaw-dropping as its past economic growth. Following the
Samsung launches curved “Galaxy Round”

Oct 9, 2013

Samsung Electronics will today launch the world’s first curved-display smartphone today running on SK Telecom’s LTE-A networks in a move highlighting the emergence of yet another device innovation and the strong partnership between the pair. The price was set at just over 1.08 million won for the “Galaxy Round,” which is available in a single brown color, according to the two firms on Wednesday. Samsung said while the display was not flexible -- it doesn’t move back and forth or is moldable -- i
Samsung, LG compete to usher in curved devices

Oct 8, 2013

Flexible smart devices may be on many a Christmas wish-list this year as Samsung and LG are poised to roll out such gadgets as early as this week. Samsung Electronics, the world’s largest smartphone maker, has hinted it may be releasing the “Galaxy Round” this week to unveil its first curved device, while LG Electronics is likely to showcase a similar model next month.The news comes as both Samsung and LG’s display affiliates have claimed they were the first to mass produce flexible organic ligh
Samsung’s ‘Galaxy Gear’ spot echoes Apple ad

Oct 8, 2013

Samsung Electronics set out to promote its Galaxy Gear smart watch in the United States last weekend by releasing TV commercials. While some U.S. media -- namely Business Insider -- praised the new advertisements, others took issue with one of the spots with similarities to Apple’s 2007 “Hello” commercial.The Gear’s “Long Time Coming” ad consists of excerpts from old movies, cartoons and TV shows that feature characters communicating through their wrist device. Captain Kirk of “Star Trek,” Georg
Samsung, LG among world's 100 global innovators

Oct 8, 2013

Samsung Electronics Co, the world's top maker of smartphones, memory chips and flat-panel TVs, and two other South Korean companies were named among the world's top 100 global innovators, a study showed Tuesday.The two other companies were LG Electronics Inc., the world's third-largest smartphone maker, and LS Industrial Systems Co., a leading South Korean manufacturer of electric components, according to the annual study by Thomson Reuters.It marked the third consecutive year that Samsung Elect
Mahindra Reva promotes electric cars for rental

Oct 7, 2013

Mahindra Group’s Mahindra Reva and Carzonrent signed a strategic partnership to promote the use of electric cars as a more common vehicle for public transportation, according to Mahindra on Monday.Carzonrent, a leading cab rental company based in India, will offer Mahindra’s electric car, the “e2o,” in the cities of New Delhi, Bengaluru and Mumbai. Each city will begin with cars, with the service to be expanded to all metropolitan cities, Mahindra said. The move comes against the backdrop of the
LGE launches 8.3-inch G Pad in Korea

Oct 7, 2013

LG Electronics on Monday revealed its latest tablet to the Korean media ahead of the global launch scheduled for next month. With a high resolution of 1920 x 1200 pixels, the 8.3-inch tablet is the first among 8-inch tablets to offer a full HD screen. The bezel has been minimized to fit into one’s hand, while the weight of just over 330 grams is the same as a newspaper. “Although there are so many tablets out there, enough to threaten the PC market, consumers still want more, more in terms of pi