South Korea’s leading telecommunications firm KT has been paving the way for the era of the 5G network as it actively engages in global efforts to establish technological standards for the faster network technology.　Participating in ITU Telecom World, a global information and communications technology conference, in Budapest, KT vowed to cement its leadership in the telecom sector by contributing to the growth of the world’s telecom industry and nurturing the ecosystem for technological converg

Korean securities companies are waging a fierce competition to take over KDB Daewoo Securities Co., one of the nation’s leading brokerages, in a deal that could come as a game changer for the industry.　The Korea Development Bank, a state-run policy lender, is seeking to sell off its stake in brokerage unit KDB Daewoo Securities as part of the government’s privatization plan.  The headquarters of KDB Daewoo Securities Co. (Yonhap)　A successful buyer is widely expected to take the lead in reshapin

　Skin care products have been evolving as consumers crave new ones, and so has the facial mask, one of the most common skin care products here.　K&C International has recently introduced a facial mask product, dubbed the “18-Minute Mask Pack,” containing an enriched peptide extract. Peptide is a type of protein consisting of two amino acids and is said to help regenerate skin cells with just a small amount.  K&C International`s 18-Minute Mask Pack. (K&C International)　The amount of the peptide he

The South Korean unit of German carmaker Volkswagen apologized Thursday for an emission-rigging scandal and vowed to take “all necessary measures” including a voluntary recall of the vehicles in question.　The scandal erupted after it was revealed last month that Volkswagen Korea had sold some 120,000 vehicles with a device to cheat the pollution tests. To date, over 11 million cars worldwide are believed to have been installed with hidden software that can switch on pollution controls when it de

 

U.S. Ambassador Mark W. Lippert texts his message during a live tweet session with Korean Twitter users on Thursday. (Twitter Korea)　Korean Twitter users had a rare chance to communicate directly with U.S. ambassador to South Korea Mark Lippert through a question-and-answer session organized by Twitter Korea on Thursday. 　It was the second tweet session with VIPs in Korea, organized by Twitter Korea, after one with K-pop boy band GOT7 earlier this week. 　During the session, users of the microblo

　Online-to-off-line (O2O) businesses that connect online customers with physical products and services are often referred to as a next big thing in the information technology, commerce and services sectors with more start-ups and conventional businesses jumping into the growing O2O market.　Anticipating that the combination between the online and off-line world would change the landscape of almost all industries, participants in the Tech Planet conference organized by information and communicatio

　Game broadcasting on TV has garnered huge popularity at home and abroad thanks to the spread of fast network infrastructure and the growing online game industry from the early 2000s. 　With many people now turning to smartphones to play mobile games, live-streaming mobile games and related technologies are gaining traction. 　An image of a mobile game broadcasting demonstration using Minkonet’s Swing solution. (Minkonet)　Kim Tae-woo, the CEO of Korean start-up Minkonet, said the firm’s Swing soft

Telecommunication solutions developer KONA I said Wednesday that the company and mobile carrier KT will soon launch a new mobile service which allows mobile subscribers to use three distinctive phone numbers on one handset.Different from dual-SIM phones fitted with two subscriber identification module card slots, the service for multiple phone numbers will be available through a new single SIM card with three different numbers, developed by the Seoul-headquartered KONA I.The logo of telecommunic

  LG V10 HITS SHELVES IN KOREA — LG Electronics releases its latest premium smartphone V10, which sports the world’s first dual front-facing cameras, through leading local mobile carriers SK Telecom, KT, and LG Uplus on Thursday. (LGE)

  SMART DISPLAY FOR KITCHEN -- LG Electronics and furniture firm Hanssem will release a built-in TV product for the kitchen, dubbed the Smart Kitchen TV, this month in Korea. The smart Kitchen TV, which is installed inside a drawer and displays images on the door of the drawer, boasts a less-intrusive design that allows users to enjoy multimedia content. (LGE)

  GLOBAL VOLUNTEER WORK -- Executives and officials from Samsung Electronics’ Brazilian branch spend time with children at a children shelter in Sao Paulo. The tech giant is holding a global volunteer work campaign for three weeks from Oct. 1, with 170,000 Samsung execs and workers in 38 nations participating. (Samsung)