CJ Group and the Ministry of Science, ICT and Future Planning opened the Seoul Creative Economy and Innovation Center, a start-up incubator aimed at transforming the city into a hub of entrepreneurs, in Seoul on Friday.The nation’s 16th creative economy center was set up as part of the Korean government’s flagship creative economy policy, which promotes healthy growth of both conglomerates and small and medium-sized businesses. ICT Minister Choi Yang-hee (seventh from left) and officials from CJ

LG G4 IN TEL AVIV — Video clips featuring the aerial views of Israel’s capital Tel Aviv have drawn attention as they crossed 500,000 hits this week on LG’s Facebook account in the country. The tech giant made the films last month with a drone loaded with its G4 smartphone to celebrate the launch of the handset in Israel. LGE LG G4 IN TEL AVIV — Video clips featuring the aerial views of Israel’s capital Tel Aviv have drawn attention as they crossed 500,000 hits this week on LG’s Facebook account

SAMSUNG REINS SUPREME — South Korea’s tech giant Samsung Electronics said Thursday it became the No. 1 TV brand by sales in the U.S and European markets as of May, with its market share standing at 53.5 percent and 50 percent in the respective regions. SamsungSAMSUNG REGINS SUPREME — South Korea’s tech giant Samsung Electronics said Thursday it became the No. 1 TV brand by sales in the U.S and European markets as of May, with its market share standing at 53.5 percent and 50 percent in the respec

YOUTUBE PROMOTION FOR LG G4 — Promotional video clips for LG Electronics’ G4 smartphone filmed by global YouTube celebrities, including the members of sports and comedy entertainment group Dude Perfect and motorcycle adventure rider Alex Chacon, reached 10 million hits as of Wednesday, according to the Korean electronics firm Thursday. LGE

LG SUPPORTS LOCAL COMMUNITY -- LG Foundations, a nonprofit organization run by LG Group, holds a groundbreaking ceremony of a day care center in Incheon on Thursday. The day care center to be opened early next year will be donated to the Seo-gu district in the city, and is in line with the conglomerate’s corporate social responsibility program to build energy-efficient, environmentally friendly day care facilities for local communities. LG　LG SUPPORTS LOCAL COMMUNITY — LG Group officials, lawmak

　Korean game developers are striving to increase their footholds in the global market in the face of fierce domestic competition. 　Netmarble Games, the No.1 mobile game firm by sales, which has so far released more than 100 mobile games, said it would make all-out efforts to win in the mobile game race.　“Cutthroat competition is inevitable in the world’s mobile game industry as major console and PC game developers, such as Sony, Disney and Blizzard, with big cash piles are tapping into the mobil

U.S. cloud-based big data solutions developer Treasure Data launched its services in the South Korean market Thursday.The California-based IT firm, established in 2011, chose to start businesses in Seoul to expand its presence in the Asian market, the company explained in a press release. The U.S. firm also runs a Tokyo office.  The logo of U.S. big data solutions firm Treasure Data. Treasure DataSome of the high-profile investors for the firm include Yahoo! cofounder Jerry Yang, Sierra Ventures

South Korea’s three largest mobile carriers -- SK Telecom, KT and LG Uplus -- will prove their technical prowess at the Mobile World Congress Shanghai 2015, a mobile trade show that kicked off in the Chinese city Wednesday.With aims to take the initiative for the next-generation 5G network industry, top executives of the mobile carriers also had planned to meet up with global partners for future collaboration during the three-day event. SKT, which has the largest subscriber base for its mobile s

China’s No. 1 mobile antivirus application developer 360 Security Group has been ramping up its marketing efforts in earnest in South Korea, which the company said would serve as a test for businesses in other Asian markets. The 360 Security Group launched the antivirus and memory boosting application, dubbed 360 Security, in 2013 and the mobile app has garnered worldwide popularity with the number of downloads on Google’s app market crossing 200 million, including 5 million in South Korea, so f

South Korean mobile carrier LG Uplus said Tuesday that it would beef up its partnership with Chinese telecommunications equipment manufacturer Huawei to develop technology for the next-generation 5G mobile network.The two signed a memorandum of understanding in a ceremony in China, at which Kim Sun-tae, executive vice president of LG Uplus’ service development division, and Yang Chao Bin, chief marketing officer of the Chinese firm, discussed the details of the future collaboration.  Kim Sun-tae

　Samsung Electronics plans to advance the release of the Galaxy Note 5 to August from September in an apparent move to boost its sagging mobile devices, sources said Monday. 　But it remains yet to be seen whether the global top tech giant‘s strategy will yield success, analysts said. 　The world’s largest smartphone maker had planned to unveil the latest Note 5 at the IFA electronics trade show in Germany in September. Samsung Electronics’ Galaxy Note 4 (Yonhap)　“Advancing the unveiling date may

　South Korean mobile carrier LG Uplus will present a glimpse into the future of information and communications technology during Mobile World Congress Shanghai 2015, a mobile trade show which is slated to kick off in the Chinese city on Wednesday.　Scheduled to deliver a keynote speech, themed “the Road to 5G,” at the trade show, LG Uplus chief executive Lee Sang-chul will explain the firm’s initiative, dubbed “Me-Centric,” to place focus on telecommunications services tailored for individual use

CASHBACK PROMOTION FOR PREMIUM TV -- LG Electronics holds a cashback event for its organic light emitting diode and ultra-high definition TVs through this month, in which consumers can receive up to 2 million won ($1,800) cash back. LGECASHBACK PROMOTION FOR PREMIUM TV -- LG Electronics holds a cashback event for its organic light emitting diode and ultra-high definition TVs through this month, in which consumers can receive up to 2 million won ($1,800) cash back. LGE