CEO says integration of mobile and social networking inevitable requirements for growthFlexibility and speed are key to innovation in the mobile technology market.These management traits are essential to keep Kakao creative and responsive to the unpredictable and rapidly changing mobile market, Lee Jae-beom, CEO of the mobile communication venture tech firm, told The Korea Herald.The company’s Kakao Talk is one example that became a worldwide hit with over 50 million users through fast decision-

Facebook Inc.’s struggle continues with no end in sight, especially after its stock prices hit a record low and marketers expressed skepticism whether Facebook ads were really working.Shares of the world’s largest social network operator plummeted 5.4 percent to close at $18.06 in New York on Friday, the lowest amount since it went public on May 17 with $38 per share.The fall of the company’s stock to half of its initial value is a shameful outcome, while its earlier projection of stock prices w

Local unit chief: LG aims to edge over Samsung to become top TV brand in 2013BERLIN ― LG Electronics has been seeing fast growth in Germany’s television market over the past year, despite the economic slowdown in the region stemming from the eurozone crisis.The Korean tech company saw its share in Germany, which accounts for 25 percent of EU demand, rise to 10 percent from 7 percent last year.With Japanese TV makers such as Sony, Sharp and Panasonic having gone through restructuring and lacklust

BERLIN ― LG Electronics may be behind Samsung Electronics in the global television market at the moment.But this will all change over the next two to three years as LG bets that its premium 84-inch ultra-definition and 55-inch organic light-emitting diode TVs will be its new growth drivers and give the company a competitive edge over its rival.Kwon Hee-won, CEO of LG’s home entertainment business, said he is positive that the market is ready for big ultra-definition TVs, and that there will soon

(MCT)Move over Wi-Fi, there's a new wireless technology coming.So-called "Super Wi-Fi," which offers a bigger range than existing hotspots, is being deployed in the United States and generating interest in a number of countries, including Britain and Brazil.Super Wi-Fi is not really Wi-Fi because it uses a different frequency and requires specially designed equipment, but it offers some of Wi-Fi's

A Japanese court on Friday found Apple Inc.‘s patent infringement claim on Samsung Electronics Co. invalid, giving an upper hand to the South Korean company that suffered a crushing defeat in a U.S. jury verdict delivered last week.In a preliminary session, the Tokyo District Court ruled Samsung didn’t infringe on Apple‘s technology on transferring media contents from computers to smartphones and tablets.The patent is one of the two intellectual properties the iPhone maker addressed in its Augus

Samsung Electronics Co., the world‘s top smartphone maker, on Thursday unveiled its latest Android platform-based Galaxy Note 2 at an European trade fair, grabbing the spotlight ahead of rival Apple Inc.’s new iPhone release.Samsung debuted the Galaxy Note 2 at the IFA trade show inBerlin on Wednesday (local time), with plans to release its latest “phablet” model in October. The phablet, a cross between a smartphone and a tablet computer, features larger displays than smartphones but are more po

Global No. 1 industrial camera maker eyes growth in OLED, X-ray markets Liquid crystal display manufacturing involves sophisticated technology.It also involves high-end inspection equipment and systems to make sure manufacturers such as Samsung Electronics can produce the world’s top quality LCDs.High-performance industrial cameras such as those made by Vieworks are crucial parts of such equipment that can detect even the tiniest flaws, unnoticeable to the human eye, before products are shipped