[THE INVESTOR] The price of active-matrix organic light-emitting diodes, or AMOLED, for mobile devices is expected to drop below that of a liquid crystal display, according to market research firm IHS on June 15.A 5.5-inch AMOLED display, currently priced at $34, is expected to become cheaper at $25 to $28. But liquid cystal display, or LCD, prices will remain flat at around $26 to $29 in the first quarter next year, IHS said.Samsung Display’s improved production capacity is one of the biggest c

[THE INVESTOR] Mobile messenger Kakao will end its video service Daum TV Pot and combine it with streaming video service KakaoTV in September.Daum TV Pot features around 270 channels, in collaboration with TV broadcasters, content firms and individuals who run their own online broadcasting channels.Users can share video content posted on KakaoTV on Kakao’s other social network services including KakaoTalk and KakaoStory.Free on-demand movies, Web dramas, and live-streaming videos are available o

[THE INVESTOR] Samsung Electronics is showcasing its Galaxy S7 smartphone and virtual reality headset Gear VR at the E2 2016, the world’s largest game trade show, held in Los Angeles from June 14 to 16.The Galaxy S7 and its curved-display variant Galaxy S7 edge are the first smartphones that support the Vulkan, a cross-platform application programming interface which can improve the graphics of mobile games by fully utilizing multi-core mobile processors.At the trade show, Samsung also showcased

 [THE INVESTOR] One of Korea’s largest civic groups will be lodging a complaint against the top management of construction and trading firm Samsung C&T, Samsung Group vice chairman Lee Jae-yong and the state pension fund National Pension Service on charges of malpractice and stock price manipulation in the merger of Cheil Industries and Samsung C&T in 2015.People’s Solidarity for Participatory Democracy claimed that the merger between Cheil Industries and Samsung C&T was made to benefit the Sams

 [THE INVESTOR] Korean camera module maker Patron will reportedly be supplying its iris camera modules for Samsung Electronics’ next premium smartphone model, presumably the Galaxy Note 7, according to news reports on June 15.The Korean camera module firm reportedly won a bid months ago to supply the entire volume of biometric modules needed for the upcoming smartphone, which is expected to be unveiled on Aug. 2 in New York City.   Samsung’s flagship Galaxy Note 5Some of renderings of the smartp

[THE INVESTOR] Network operator SK Telecom has begun using the real-time mobile streaming technology “T Live Streaming” in its sports channel, in a bid to reduce latency, the company said on June 14.The T Live Streaming service is an improved model compared to other existing media transmission technologies such as “HTTP Live Streaming,” and “MPEG-2 Transport Streaming,” both of which have been widely-used standards for the past two decades.The next-generation streaming technology reduces latency

[THE INVESTOR] The much-anticipated initial public offering of mobile messenger firm LINE Corp. will not only increase the corporate value of the firm, but also be a great financial boon for top executives of the mobile messenger firm, industry watchers said. Among stock options granted to the firm’s executives, since 2012, 25.6 million shares -- or 14.6 percent of entire shares -- have not been unexercised.Line chief global officer Shin Joong-ho. YonhapConsidering the anticipated offering price

[THE INVESTOR] Tech behemoth LG Electronics has rolled up its sleeves to nurture “white hat hackers,” or computer security experts. The leading electronics firm said it signed a memorandum of understanding with the Korea Information Technology Research Institute to foster security experts, on Monday at Best of Best education center, an educational institute for information technology security, in Gangnam. LG Electronics’ Min Kyung-oh (left) and Yoo Joon-sang, the president of the Korea Informati

[THE INVESTOR] The fourth week of June will probably be one of the busiest weeks this year for tech giant Samsung Electronics as it is slated to hold, as well as participate in, a series of meetings and events to entice global investors.The Korean tech giant will be holding a global strategic meeting with the top executives of its global offices from June 21 to 22 at the firm’s head office in Suwon. Lee Jae-yong, vice chairman of Samsung Electronics. Around 400 to 500 chiefs and executives of Sa

[THE INVESTOR] LG Chem, one of Korea’s leading chemical companies, has been picked as the exclusive supplier of seawater filters for a desalination plant in Oman, the company said Monday. The LG Group affiliate said it would supply by the end of this year about 20,000 reverse osmosis desalination filters, which can process 250,000 tons of seawater a day, to the plant being built by water desalination plant operator Sohar SWRO in Sohar, Oman.The head office of LG Group in Seoul. (Yonhap)Reverse o

[THE INVESTOR] Hotel Lotte on Monday officially canceled its initial public offering scheduled for next month, as a large-scale embezzlement probe into the group and its affiliates deepened with emerging reports of confirmed wrongdoings.“We are pushing back our IPO to a later time and cancelling all remaining procedures in consideration of Lotte’s current circumstances and investor interests,” Hotel Lotte said in an emailed statement.“Listing the company is an integral part of reforming Lotte Gr