The Korea Herald

‘SK Hynix holds key to chip market’

Oct 7, 2013

The future of the memory chip business lies in the demand and supply curve, and this, in turn, hinges on just how quickly SK Hynix’s Chinese operations can become fully normalized, according to a key Samsung Electronics executive.“Next year’s investments depend on how much of demand we’ll see, and the supply that goes with it,” said Jun Dong-soo, head of Samsung’s memory chip business at KINTEX where the Korea Electronics Show is being held until Wednesday. “And the supply depends on the normali
S. Korea tops global ICT list for 4th year

Oct 7, 2013

South Korea topped a global list of information and communications technology (ICT) development for the fourth year in 2013, bolstering its status as one of the world's most wired countries, data showed Monday.South Korea ranked as the leading country for the fourth straight year in the ICT Development Index, which measured 157 countries on ICT access, use and skills, according to the recent data by the International Telecommunications Union (ITU), a United Nations body specializing in ICT.South
Samsung’s Yoon meets Best Buy CEO Joly

Oct 6, 2013

Appliance chief fulfills promise to meet Mohan ahead of next year’s CES
Adobe says hackers stole code, data on 2.9 million customers

Oct 4, 2013

Adobe Systems Inc., the biggest maker of graphic-design software, said hackers broke into its networks and stole personal data on 2.9 million customers and source code for popular products including Acrobat and ColdFusion. The customer information includes names and encrypted credit- and debit-card numbers, and Adobe is notifying victims and resetting the passwords for affected accounts on its website, Brad Arkin, chief security officer, wrote yesterday in a blog post. The San Jose, California-b
U.S. media berates Samsung’s smartwatch

Oct 4, 2013

Despite having a parade of cool new features bundled up in a single watch, Samsung’s Galaxy Gear is a poor choice for consumers, a leading U.S. newspaper said Wednesday.“Nobody will buy this watch, and nobody should,” David Pogue, a tech columnist for the New York Times wrote in his review. He added that the Gear is “a human-interface train wreck,” from its software design, user guide, to its English translation and design consistency. While the smart watch by South Korea’s tech behemoth boasts
Merck confident of OLED-led future

Oct 3, 2013

Leader in liquid crystals prepared for alternative display future
World’s first fingerprint mobile payment launched

Oct 1, 2013

The nation’s mobile payment service provider Danal said Monday it has rolled out the world’s first fingerprint-based mobile payment in partnership with Crucialtec, a fingerprint technology developer. The payment system will first be applied to local handset maker Pantech’s VEGA LTE-A smartphone. When users download an application called BarTong, they can use their smartphones like cash in convenient stores. Instead of entering a four-digit password, users scan their fingerprint via the smartphon
Samsung SDS to merge with Samsung SNS

Sept 27, 2013

Samsung SDS, an information and communication technology service firm, announced Friday a plan to merge with Samsung SNS, a network service and solution provider. The two companies are units of Korea’s top conglomerate Samsung Group. The merger touched off speculation that the group has begun in earnest to reorganize its affiliates to prepare for the time after group leader Lee Kun-hee steps down.Samsung SDS said in its statement that its board of directors decided to absorb its sister firm to r
Government to help failed entrepreneurs try again

Sept 25, 2013

Policies designed to create an atmosphere ‘more accepting of failure,’says ICT Minister Choi
Microsoft offers trade-in program targeting iPhone users

Sept 25, 2013

Microsoft is to kick off a new promotion dubbed “timetoswitch” in select stores in the U.S. and Canada on Friday, giving out cash points at a minimum of $200 that can be used to buy their own products in exchange for a used iPhone 4S or 5, Forbes reported on Tuesday. Citing Microsoft sources, Forbes predicted marginal success, saying, “the trade-in campaign may be a little too late,” referring to millions of consumers who are “not only freshly tied to a new contract but overtly prefer the iOS pl
Samsung set to launch curved smartphone in Q4

Sept 25, 2013

Samsung Electronics Co., the world's largest smartphone maker, is planning to roll out mobile devices with slightly curved screens in the fourth quarter of this year, a senior company official said, in a move to continue its dominance in the market.Park Sang-jin, CEO of Samsung SDI, told reporters that the country's tech giant plans to release the new portable device that adopts plastic organic light-emitting diode (OLED) panels."As plastic liquid crystal displays are strong enough to neither sh
Pantech vice chairman offers to step down

Sept 24, 2013

Park Byeong-yeop, the vice chairman of Pantech Co., South Korea’s third-largest maker of mobile phones, has tendered his resignation mainly due to poor health, industry sources said Tuesday.The 50-year-old executive founded Pantech in 1991 and led the transformation of the small mobile venture into the country’s No. 3 mobile phone maker.Market watchers said the decision came as the company’s earnings continued to remain stagnant in recent months. Pantech posted an operating loss of 49.5 billion
Samsung, LG reconcile over display suits

Sept 23, 2013

Samsung, LG reconcile over display suits Samsung Display and LG Display, the world’s top rival display makers, on Monday said they have dropped all lawsuits against each other in a reconciliatory gesture.“This agreement will give us a chance to resolve our legal dispute and together move in a more productive direction,” said Kim Gwang-joon, executive vice president of intellectual property at Samsung Display.LG Display spoke in a similar vein, saying in a statement that the two sides will put as
Apple’s iPhone poised for record as China joins global debut

Sept 21, 2013

Apple Inc. attracted long lines of shoppers today for the global debut of its latest iPhones, the company’s biggest product introduction this year.In New York, customers lined up around the block to get into Apple’s flagship Fifth Avenue store, while in Munich about 2,000 gathered to buy the new iPhone 5s and 5c, and in London the waiting crowd stretched about a mile. Apple Chief Executive Officer Tim Cook and other executives visited customers at stores in Palo Alto, California, near the compan
Samsung, LG likely to falter in third quarter

Sept 16, 2013

Brokerages forecast lower-than-expected profits, but see room for improvement in Q4