The Korea Herald

안녕하세요 Chung Joo-won 기자입니다.

Articles by Chung Joo-won

LG to expand premium TV marketing beyond Asia

TechnologyNov 12, 2012

LG Electronics said Monday that it will expand the sales target for its premium 84-inch ultra-high-definition television from four countries to 40 countries by the end of 2012.Currently the nation’s first and only ultra-HD TV, LG 84LM9600 was first launched at home in August and had its premiere in the U.S., China, Vietnam and Malaysia. “The premium market is not so much affected by the recession. There are always people with money who want them (premium large TVs),” an LG spokesperson said, exp
‘Anipang’ creator targets global game market

TechnologyNov 9, 2012

Lee Jung-woong, founder of mobile game developer Sundaytoz and creator of “Anipang the Quiz,” plans to plant itself firmly in the global mobile game industry. Originally, “Anipang” was a game on social network platform Cyworld. As Sundaytoz formed a partnership with mobile SNS developer Kakaotalk, it launched the mobile version of “Anipang” on July 30. “When I went to the United States lately to check out how people play games there, I found out that only half of the American players would play
11 Street opens English site

IndustryNov 9, 2012

Online shopping mall 11 Street opened its English domain to attract a larger number of foreign shoppers, the nation’s third largest e-shopping portal said Friday.The new domain displays product information, the payment process and other services in English. Expats can sign up for 11 Street using their email addresses. “We look forward to introducing excellent Korean products to our customers at home and abroad,” said an 11 Street official. “The English domain will help Korean small and medium-si
G-Star game exhibition opens in Busan

TechnologyNov 8, 2012

BUSAN ― G-Star, the nation’s largest international game exhibition, kicked off in Busan on Thursday, drawing in many spectators with the newest and most popular games.Reflecting the high popularity of online and mobile games, visitors packed the main hall at BEXCO for the eighth run of the annual game festival. Some of them formed a 100-meter line to watch the opening of the show.Held under the theme “Game, Touching the World,” the global game convention drew traditional game lovers as well as f
Koreans buy domestic phones, tablets abroad

TechnologyNov 6, 2012

An increasing number of Korean customers are ordering LG Nexus 4 smartphones and Samsung Nexus 10 tablets from the U.S., since they cost only about half of other up-to-date smartphones sold in Korea, according to news reports.Korean customers are willing to buy the newest smartphone and tablet from overseas despite the possible difficulties in customer services, local reports said Monday. With the increase in demand, many Koreans studying in the U.S. and Canada have posted offers online to rese
Malaysian property firm to go ‘Gangnam style’ on Jeju Island

IndustryNov 6, 2012

Jeju Island is the next stop where Berjaya Land Berhad hopes to implant the company’s version of the “Malaysian Dream” involving a high-end healing resort. “We’re confident that we chose the right place,” said Dato Francis Ng Sooi Lin, chief executive of Berjaya Land Berhad, in an interview with The Korea Herald.The company ― an affiliate of Malaysian conglomerate Berjaya Group ― plans to build facilities worth $2.4 billion on the Korean tropical island based on a business partnership with Jeju
LG Innotek, Osram settle patent lawsuit

TechnologyNov 2, 2012

LG Innotek said Friday that it has reached an agreement with LG Group and Osram, a light-manufacturing unit of Siemens AG, over a patent dispute. The three have been engaged in a legal fight. Osram accused LG and Samsung of infringing on patent rights for LED technology in June last year. LG Innotek said the company and Osram have dropped patent lawsuits in five countries including Korea, U.S., Germany, Japan and China. LG Innotek added that LG Group, LG Innotek and Osram signed a cross-license
Korean phones, cars thrive in U.S.

TechnologyNov 2, 2012

Korea’s handset and car makers are standing out in the U.S. market, as they posted an impressive increase in sales in the third quarter despite global economic slowdown. Korean handset makers took over the majority of the U.S. market share in long term evolution smartphone sales, Strategy Analytics said Friday.Korean smartphone manufacturers ― Samsung Electronics, LG Electronics and Pantech ― altogether sold about 5.7 million units out of 10.6 million LTE smartphones sold in U.S. in the third qu
Company pulls out all stops for rewarding employees

IndustryNov 1, 2012

It took only three months for the happy couple to walk down the aisle. Short as it was, the courting period was unforgettable for the bride and groom, both of whom are employed at SK Hynix. They declined to be identified, but at SK Hynix, they have garnered recognition as the couple who met through the company’s “happy matchmaking program.” Speaking about the series of memorable events they went through before tying the knot, the bride said that she accidentally flushed her engagement ring down
Overseas Korean joins charity group for generous donors

Oct 31, 2012

Community Chest of Korea said its club of rich donors, Honor Society, received an overseas Korean businessman as a member for the first time. The exclusive membership is given only to those who donate at least 100 million won ($92,000) to the charity organization. The nation’s largest charity organization said Honor Society enrolled 54-year-old Kim Hui-sang, the president of a local trade company in Hong Kong, as its first overseas Korean and the 162th member of the club. Community Chest of Kore
Hana Daetoo to support vaccine institute

Oct 31, 2012

Hana Daetoo Securities announced Wednesday that it signed a memorandum of understanding with the International Vaccine Institute to support children’s healthcare in developing countries. The securities company launched a new financial service called “Hana Daetoo Donation Service” to financially aid IVI’s research and development of vaccines. According to the service plan, parts of the client’s product payment or commission fee are reserved for donation. For every 1,000 won that the client donate
Microsoft unveils Windows 8, PC makers roll out smart PCs

TechnologyOct 31, 2012

As Microsoft globally launched its latest Windows 8 operating system in New York last Friday, a number of computer makers rushed to ride the wave of its publicity.Windows 8 was available nationwide on Oct. 26, the same day of its global premiere, and about 70 new PCs running on the new OS were displayed at over 3,000 online and offline stores, according to Microsoft officials. PC makers like Samsung Electronics, Lenovo, Sony and Toshiba took turns in unveiling new portable PCs featuring converti
Harmony of ‘humanity and technology’

Oct 30, 2012

We all share the childhood experience of dreaming about the future through drawing all sorts of imaginary things and watching science fiction movies. But when we think of it now, we are already experiencing most of these things that seemed so distant, so futuristic back then. Now we can enjoy vivid video calls through small mobile phones, and make purchases without having to carry wallets. We are now living in world of dreams, where our children can go to school and take lessons taught by robots
Galaxy beats iPhone in U.S. ‘torture tests’

TechnologyOct 29, 2012

Samsung Electronics’ Galaxy S3 defeated Apple’s iPhone 5 in “torture tests” that were posted by U.S. tech media site CNET on the video-sharing portal YouTube. CNET has performed various extraordinary experiments on the latest smartphones and tablet PCs to publicize the results online. Both the iPhone 5 and Galaxy S3 passed three experiments ― being put in a fridge for two hours, plunged into a fish tank and wrapped and roasted in an oven for an hour, according to the report. Although a temperatu
LG unveils 84-inch ultra-HD TV in the U.S.

TechnologyOct 28, 2012

LG Electronics has unveiled the world’s largest ultra-high-definition television in the U.S., aiming to penetrate the global HD television market. The Korean electronics giant held a launching ceremony for the 84-inch ultra HD television at electronics retailer Video & Audio Center in Los Angeles on Friday. “We took into account that California is the hub of entertainment and innovation,” the company said. LG’s new ultra HD product is equipped with a jumbo screen measuring 3.84 by 2.16 meters.