SK Holdings, the holding company of SK Group, announced plans Monday to commence enrollment of a phase 3 clinical trial of its new medication for sleep disorders developed by its affiliate SK Biopharmaceuticals. The third step of the clinical trial, which will be led by Jazz Pharmaceuticals, U.S. drugmaker and SK Biopharmaceuticals’ partner, will take place in the U.S. and Europe with patients suffering from narcolepsy and sleep apnea, the Korean company said.The Korean drugmaker exported the gl

LG PREMIUM BUILT-IN KITCKEN APPLIANCES -- South Korean tech giant LG Electronics unveiled its premium built-in kitchen appliance lineup LG Studio at the Dwell On Design, the largest interior design fair in the U.S. last Friday. Designer Nate Berkus, who has teamed up with LG to develop the kitchen appliances, speaks at the interior trade show. LG Electronics

COOPERATION FOR 5G — South Korea’s largest telecommunications firm KT said Sunday it has agreed with Europe-based telecom equipment manufacturers including Nokia and Ericsson to work together to develop technologies for the 5G next-generation network and to run joint projects for the matter. KT chief executive Hwang Chang-gyu talks with top executives from Ericsson in Stockholm on Friday. KT

ANYANG, Gyeonggi Province ― Nestling in an IT business cluster in Pyeongchon-dong, Anyang, half an hour south of Seoul, LG Uplus’ new commercial data center ― dubbed the Mega Center ― displays its overwhelming structures.The construction of what will become Asia’s largest data center is around 90 percent complete and slated to open in late August.Housing 24 computer rooms ― on a total of 27,770 square meters ― the data center consisting of an office facility and two data center buildings is inst

South Korea’s leading mobile carrier KT said Thursday it would work with the French Ministry of Digital Affairs to foster ICT businesses.KT chief executive Hwang Chang-gyu held a meeting with French Minister of State for Digital Affairs Axelle Lemaire on Wednesday in France to discuss future collaboration on the rising Internet of Things technology, a network of objects.Hwang and Lemaire talked especially about the Internet of Small Things, a term that depicts technology connecting things with a

Announcing the official release date of its mobile game “Mabinogi Duel,” South Korea’s top online game developer Nexon Korea said Wednesday it would increase its presence in the global mobile game market.“Mabinogi Duel,” a mobile trading card game, will first be made available in Korean from June 9 but will support six more languages ― English, Japanese, Chinese, Portuguese, Germany and Spanish ― through updates in the latter half of the year.The game will be compatible with smartphones running

South Korean tech giant Samsung Electronics topped a smartphone sales chart in the first quarter of 2015 in Bangladesh with its budget smartphone, the Z1, according to research data Monday.A report released by research firm Counterpoint showed that the Z1, running on the Tizen operating system, enjoyed robust sales in the January-March period and was “the No. 1 smartphone model in the entire country.”The feat came as a surprise, since it was achieved on the home turf of phone-maker Symphony Mobi

South Korea’s leading wireless carrier SK Telecom launched a lifeware brand, United Object, Monday, aiming to increase its footing in the burgeoning market for the Internet of Things, a network that connects objects.The branding came amid SKT’s ongoing efforts to beef up its business for smart devices and wearables, including a wearable band for kids, and a smart air quality monitoring device.“With the new lifeware brand United Object, SKT will try to bring positive changes to customers’ daily l

South Korean mobile carrier LG Uplus on Thursday launched Android TV services running on Google’s latest Lollipop operating system for the first time in the domestic market.The collaboration is the latest between the Korean mobile carrier, which also provides Internet Protocol TV services, and the Internet giant in their efforts to grow streaming TV businesses.The two counterparts introduced the first IPTV services embedded with Google applications and content in 2012.The new IPTV services, whic

Top executives of South Korea’s largest telecommunications firm KT and Stockholm-based mobile carrier TeliaSonera met in Seoul Thursday to discuss collaboration on the next-generation 5G network and the Internet of Things, which connects objects over networks. Providing telecom services for more than 72 million subscribers across 17 North European and Central Asian nations, TeliaSonera is the largest mobile carrier in Northern Europe and launched the Long-Term Evolution service for the first tim

South Korea’s top mobile carrier SK Telecom said Wednesday it wished to work with more global tech giants, such as Samsung Electronics and LG Electronics, to grow smart home businesses down the road. “SKT would like to have Samsung and LG as partners for the company’s Smart Home, an open platform for home devices,” said Cho Young-hoon, senior vice president of the telecom firm’s smart home task force, at a press meeting held in Seoul Wednesday.He added the partnership with the two tech giants, i