Who says Facebook Korea is on the verge of demise?Those who obviously have no access to the social networking service grapevine.“Korea is a unique market where over 90 percent of users access Facebook through smartphones,” said Benjamin Joe, head of Facebook Korea, in an interview with The Korea Herald. Noting that Facebook Korea has seen a threefold increase in personnel in the last two years, Joe stressed that further expansion will come down the road. His comments were aimed at dispelling rum

Korea Mobile Internet ― a consortium consisting of mobile virtual network operators, IT services providers and financial backers ― recently said it was ready to become the country’s fourth telecommunications company and offer lower, competitive service rates for consumers amid an upsurge in mobile data traffic.KMI seeks to provide such services through the Long Term Evolution Time-Division Duplex networks.This is the consortium’s fifth attempt at winning the license to operate as a mobile carrie

Samsung Electronics, the nation’s largest electronic goods maker, filed a lawsuit for libel against Dyson, a U.K. vacuum cleaner manufacturer, claiming that the British company tarnished its reputation, according to industry sources on Sunday. Samsung took the case to the Seoul Central District Court on Friday.The move came after Dyson withdrew its patent infringement lawsuit against Samsung. The compensation claimed is estimated to be 10 billion won ($9.4 million), based on Samsung’s brand valu

South Korean short tracker Park Seung-hi won the bronze medal in the women's 500 meters on Thursday at the Sochi Winter Olympics. In a frenetic race that saw three of the four finalists wiped out, Park recovered to win South Korea's first short track medal in Sochi. After getting called for a false start, Park charged out in front for an early lead. Before the skaters could even complete the first lap, Elise Christie of Britain took out Arianna Fontanta of Italy while jostling for po

Samsung Electronics, the nation’s largest handset maker, is set to unveil “bent” smartphones as a Galaxy variant this year based on the fresh investments its affiliate Samsung Display will be making in flexible panel production, industry sources said Monday. “The bent smartphones will be rolled out as a Galaxy variant with a few million units at the end of this year, initially taking aim at the niche market,” said Song Jong-ho, an analyst at Seoul-based KDB Daewoo Securities. Bent displays are a