The Korea Herald

안녕하세요 Chung Joo-won 기자입니다.

Articles by Chung Joo-won

Ustream vows to support hallyu

TechnologyOct 25, 2012

Ustream Korea Inc., a live video streaming platform operator, vowed on Thursday to play a leading role in spreading the Korean Wave, or hallyu, globally by initiating a live broadcasting service. The former Korean operation of U.S.-based Ustream Inc. has become an affiliate of the country’s mobile carrier giant KT, which holds 51 percent of its total share.“We would like to open up a new age where people who had been unable to voice their opinion can speak up, experience live streaming and share
LG CNS wins Malaysian bid on railroad mobile system

TechnologyOct 24, 2012

LG CNS, a Korea-based provider of information technology services, announced Wednesday that it has become the first Korean company to build a mobile service network for the mass rapid transit system, or the MRT, in Kuala Lumpur, Malaysia. Beating 24 rival global firms to form a consortium with local firm APEX Communications in the 140 billion won ($128 million) bid, LG CNS plans to install IT-based framework consisting of wireless communication system, surveillance cameras, metro broadcasting fa
Samsung expects to beat counterparts with ATIV PC

TechnologyOct 24, 2012

Samsung Electronics said Wednesday that it expects to beat top global makers of personal computers with its new smart PC which operates on the upcoming Windows 8, named ATIV PC. The world’s largest tech firm unveiled ATIV PC at a media event in its Seoul headquarters. The new product maximizes convertibility in design, portability in use and compatibility with smartphone apps, the company said.“The vendors of personal computers will jump into the war by the end of this year to take more market s
‘Game fiction has huge potential as creative content’

TechnologyOct 24, 2012

Many people stick to the misperception that game fiction writers are some sort of anti-social hermits who spend days and nights playing games, be it at home or in dark, sketchy PC rooms.However, the testimony of a 22-year-old Korean game fiction writer Lee Byung-ha poses powerful counterevidence to such an illusion. The young game fiction prodigy is a senior majoring international economics at the University of Heilongjiang in Harbin, China, whose mother never saw him spending hours in front of
U.S. film association chief seeks stronger ties with Korea

IndustryOct 24, 2012

The Motion Picture Association of America wants more collaboration with the Korean film industry, MPAA chairman Christopher Dodd said in Seoul on Wednesday.Dodd was speaking at a luncheon hosted by the American Chamber of Commerce in Korea. The former U.S. Democratic Party senator said Korea was one of the U.S.’ most significant trade partners, adding that the partnership between the two nations would only deepen in the years to come. Commenting on the success of Korean films by directors Im Kwo
GE Korea opens energy tech center

IndustryOct 23, 2012

General Electric Korea, the Korean unit of General Electric Co., opened a new energy technology center near Seoul on Tuesday, seeking more business partnerships with domestic firms.Built within the firm’s research and development complex, in Pangyo, Gyeonggi Province, the energy technology center supports sustainable growth and efficient solutions, company officials said. “The work going to be done here is the synergy between the high-end research and application-oriented work that will bring be
Electronic cigarette firms punished for false ad

IndustryOct 22, 2012

Electronic cigarette manufacturers were punished and forced to make changes to their misleading advertisements, the nation’s antitrust watchdog said on Monday. The Fair Trade Commission said that electronic cigarette firms have falsely advertised that replacing regular cigarettes with electric cigarettes is effective in quitting smoking. Although the health-improving effect and safety of electric cigarettes have long been disputed, the public can easily conceive the wrong impression of electroni
United Pharm first Korean firm to export anti-cancer drugs to Europe

IndustryOct 18, 2012

Korea United Pharm Inc. will export two kinds of cancer-treating medicine to Poland, becoming the first Korean firm to ship such drugs to Europe, the Korea Trade-Investment Promotion Agency said Thursday. KOTRA officials said the Korean pharmaceutical firm and Polish buyers had signed a contract to export the drugs it developed to treat lymphoma and prostate cancer. The first drug export deal will pave the way for more medical exports to the European market, the officials said.The deal involves
NHN selects game literature winners

TechnologyOct 18, 2012

NHN Corp., the nation’s leading Internet portal operator, hosted its literature awards ceremony in Seoul on Thursday to foster creative talent shedding light on the genre. NHN Game Literary Award, an annual event taking place for the third time, was presented to 24 teams of awardees this year, including grand-prix winner Lee Byung-ha, whose work was chosen from a total of 1,500 long and short game scenarios. “At first we were unsure whether we could carry on, but now we see that the game literat
KT looks to ‘design’ to give products identity

TechnologyOct 15, 2012

KT, the nation’s second-largest mobile carrier, said Monday that it would design its products with a signature style to maximize its brand power. The move comes after KT’s outer packaging for home mobile devices won the prestigious Red Dot Design Best of the Best Award 2012 in the productivity sector.The mobile carrier used the word “product identity” to explain how a product becomes a unique entity under the brand name KT. Citing Apple and different generations of iPod, KT chairman Lee Suk-chae
SKT launches IT platform to enter ‘big data’ market

TechnologyOct 14, 2012

SK Telecom, one of the nation’s top three mobile communications operators, aims at penetrating the “big data market,” or numerous online responses on market products, with a new analytic platform.“Smart Insight 2.0,” the new analytic IT platform, analyzes online reviews and SNS postings such as tweets, blog postings and online news reviews, which are then processed into management information, SK Telecom said Sunday. “Online ‘big data’ gives helpful implications in numbers that are incomparable
Ex-French P.M. underscores ties with Asia

IndustryOct 10, 2012

New opportunities abound for further political and economic cooperation between Europe and Asia, former French Prime Minister Jean-Pierre Raffarin said in an economic forum hosted by the French Korean Chamber of Commerce and Industry on Wednesday.About 90 French and Korean business and government leadership, including French ambassador to Korea Fabrice Legerri, FKCCI chairman David-Pierre Jalicon, Incheon Free Economic Zone high officials and leading French entrepreneurs attended the forum entit
SKT T.um opens experience zone for latest technology

TechnologyOct 8, 2012

SK Telecom T.um, an exhibition center run by information technology company SK Telecom, said Monday that it launched an experience zone with devices using the latest technologies on display. Celebrating its fourth anniversary, the exhibition center went through a series of renovations to offer opportunities for its visitors to experience the latest long term evolution technologies and the newest solutions in education and medicine. The IT company also installed “Smart Robot,” one of the most pop
Group reneges on promise to hire interns

IndustryOct 7, 2012

Embattled Woongjin Group disappointed many an eager intern when it retracted its promise to make regular employees of the majority of those who completed an 8-week internship. In June, months before it was forced to apply for court receivership due to financial difficulties, Woongjin accepted about 100 interns. About 80 percent of them were expected to become regular employees, but Woongjin said only 20 interns would be accepted, ChosunBiz.com reported on Friday. Remarking that the company had a
KaKaoStory, Anipang Korea's favorite mobile pastimes

TechnologyOct 3, 2012

The smartphone application hits “KakaoStory” and “Anipang the Puzzle” have become the nation’s most popular sources of mobile entertainment, research has found.Launched on March 20 this year, KakaoStory provides a cyber forum for users to put up daily photos and add comments, similar to a personal blog. The application made a rapid expansion in seven months since launching, with about 650 million postings, 6 billion comments and 11 million daily hits. Kakao, the developer firm of social network