An inspection committee for workplace safety and health at chipmaker SK hynix said Wednesday it could not find a direct link between diseases suffered by its employees and the working environment at its facilities. Announcing a yearlong inspection of the working conditions at the chip manufacturer’s factories and its correlation to illnesses, including cancer and leukemia, the committee noted that “some research showed meaningful results from a statistical perspective, but more time and data is

From smartphone-makers to retail firms, more companies are jumping on the mobile payment bandwagon in a bid to take the initiative for hassle-free digital payments.As there is no single dominant player or set of standards yet, the mushrooming mobile payment market is flooded with more than 20 related applications in Korea and may look like a hodgepodge of technologies for some.Many industry officials, however, had a positive outlook on the fledgling market, anticipating that the mobile payment s

South Korea’s leading telecommunications company KT unveiled a set of plans to build a Long-Term Evolution network for emergency services and provide emergency telecom services in PyeongChang, the host city of the 2018 Winter Olympics in Gangwon Province, Tuesday. The public safety LTE, an emergency communications technology, allows fire, police and rescue responders to better communicate with each other using standard devices operating on the same frequencies, according to the firm. Oh Sung-mok

LG BOOSTS MORALE AMONG SOLDIERS -- Executives and employees of LG Group affiliates -- LG Chem, LG Innotek and Serveone -- pay a visit to six frontline troops near the Demilitarized Zone, a buffer zone across the Korean Peninsula, to give care packages to soldiers. In the photo Park jin-soo (fourth from left, second row), the chief executive of LG Chem, poses with divisional commander Lee Jong-hwa (fifth from left, second row), military officials and soldiers at the First Infantry Division, in Gy

Samsung Electronics’ new Gear VR virtual reality goggles are getting an upbeat response in the U.S. as the device has already sold out at some online retailers such as Amazon and Best Buy in just 10 days of its launch. The $99 Gear VR is a stripped-down version of the Gear VR Innovator Edition, the Korean tech giant’s first generation VR headset that is priced at $199. The device weighs only 310 grams, about 22 percent lighter than its predecessor. A model tries the Gear VR at a launching event.

　Korea’s three leading wireless carriers -- SK Telecom, KT and LG Uplus -- will start voice over long-term evolution services for subscribers from different operators Monday, according to the companies Sunday. 　“VoLTE” is a data-based communications technology utilizing the LTE networks to provide improved voice and video calls -- up to 12 times better compared to those utilizing 2G or 3G networks.　The three mobile carriers ran pilot programs for the advanced telecom technology from late June to

DAEGU -- A mainspring of the blazing economic growth of South Korea in just half a century after the 1950-53 Korean War was the export-oriented policy, which fostered the creation of competitive conglomerates in a variety of industrial sectors.The export-driven initiative propelled the nation, which had been regarded as a have-not country, to the upper echelon of the world’s economies.Today’s rapidly changing industry landscape coupled with fast technology development, however, requires global g

GIANT CAR-BATTERY MARKET — A model showcases Samsung SDI’s cylinder-shape lithium-ion batteries, which will be supplied to Chinese electric vehicle firm JAC. The batteries will power the firm’s new iEV6S electric SUV with a drive capacity of about 250 kilometers on a full charge. (Samsung SDI) 

South Korea’s Ministry of Science, ICT and Future Planning on Tuesday announced plans to inject a total of 80 billion won ($68.3 million) into nurturing 10 prospective companies in the country’s up-and-coming biotechnology health care sector.Over three years, the ministry, in conjunction with the Health Ministry, plans to hand out 40 billion won to four local biopharmaceutical firms focused on developing cell and gene therapeutics ― Kolon Life Science, Genexine, Medipost and SillaJen. First Vice

As South Korea’s exports continue to plunge, the country’s leading electronics firms posted record-high inventories as of the end of the third quarter.Though it does not entirely reflect the volume of its finished products, higher inventory signals fewer goods sold.  (Yonhap)Samsung Electronics, the nation’s leading smartphone manufacturer, posted roughly 22.84 trillion won ($19.4 billion) in inventory assets, the largest amount to date, according to the company’s regulatory filings.“Samsung Ele

LG Electronics said Wednesday that it had rolled out Google Play Movie & TV, an application for videos on demand, on its smart TVs.The combination between smart TVs and Google’s online video-on-demand app, which allows users to purchase or rent movies and TV shows, is the first of its kind in the domestic market. An LG official said that “the collaboration is aimed at offering utmost value for consumers to enjoy various content and services.” A model poses with LG’s smart TV, running the Google

Samsung Electronics plans to churn out mid- and low-end handsets with higher-end features including its mobile payment system Samsung Pay and fingerprint scanners, according to sources Wednesday.“Samsung is planning to deploy fingerprint sensors in budget smartphone models,” an industry source said.The official, however, did not specify the timeframe of the release or further details. Samsung Electronics‘ Z1 smartphone running on the Tizen operating system. (Yonhap)Only a handful of high-end mod

　이재용 부회장의 역작으로 평가 받고 있는 삼성페이가 타이젠 및 삼성의 중저가형 스마트폰에 탑재될 전망이 나와 주목을 받고 있다.　한 업계 관계자는 “삼성페이가 타이젠에 탑재 될 가능성이 있다,”고 말하며 삼성전자가 삼성페이 저변 확대를 위해 전력을 다하고 있다고 밝혔다.　삼성페이는 현재 널리 쓰이고 있는 마그네틱보안전송(Magnetic Secure Transmission)시스템과 근거리무선통신(Near Field Communication)시스템을 지원하며, 새로운 단말기를 설치하지 않아도 삼성페이 제휴점에서 결제가 가능해 시장에서 좋은 반응을 받고 있다. 　삼성페이 국내 이용자는 100만명이 넘었으며, 하루 결제건수는 10만건, 누적 결제금액은 1000억원을 돌파한 것으로 알려졌다.  삼성전자 삼성페이 (연합)　삼성전자가 고급형 타이젠을 내년에 출시할 것이라는 최근 보도가 타이젠 폰의 삼성페이 탑재에 힘을 실어 주고 있다. 삼성전자가 출시한 Z1과 Z3 타이젠 스마트폰은 저가형으로

The Korean branch of the world’s leading chemical firm Merck has renewed its brand in a bid to shift its focus toward future-oriented businesses.Introducing its redesigned logo, which comes in a series of different colors, Michael Grund, the managing director of Merck’s Korean office, said the rebranding was not just about the change of the corporate logo, but is about changing directions for the company. Merck Korea managing director Michael Grund delivers a speech at a press meeting in Seoul o

LG LED PROJECTOR IN SPOTLIGHT -- LG Electronics said Tuesday its portable projector lineup Mini Beam has crossed the 500,000 sales mark worldwide, maintaining the No.1 position in the global light-emitting diode projector market for five years in a row. (LGE)