SK Telecom, South Korea’s largest telecom company by number of subscribers, is losing market share, while third-biggest player LG Uplus is expanding its presence, according to government data Wednesday. Statistics on the wireless service market from the Ministry of Science and ICT showed that SKT held market share of 41.9 percent in July, down 0.5 percentage point from December. It is the first time the top telco has reached the 41 percent mark in terms of the percentage of subscribers since the

LONDON -- Millennials, referring to those born from 1982 onward, are called “transformers” at Samsung Design Europe. “In this new digitized and dematerialized paradigm, we saw these users play effortlessly between the physical and digital realities,” said Camille Hammerer, head of Trend Lab at SDE.“They were building their personal world with their own rules and relationship with this technology. We call them ‘transformers’ in day-to-day life.” Felix Heck, head of Samsung Design Europe, speaks d

BERLIN -- It is too early to discuss the possibility of a foray by Samsung Electronics into the field of autonomous driving, according to Dinesh Paliwal, CEO of Harman International.“We are studying a lot on autonomous driving solutions with Samsung, but that’s too far away,” said the Harman CEO on Friday at IFA 2018, which runs through Wednesday in Berlin. “It’s our long-term goal.” As Samsung expands its presence in the auto industry, there has been speculation that the company might be involv

BERLIN -- The keywords for the IFA 2018, the biggest trade show for consumer electronics running through Wednesday, are 8K-resolution TV, voice control and artificial intelligence-based home appliances. For the first three days of this year’s IFA show in Berlin, tens of thousands of visitors -- including officials from leading technology companies, product buyers and industry analysts -- focused their attention on the latest trends centering on AI. The TV industry embarked on new competition for

BERLIN -- Jo Seong-jin, vice chairman and CEO of LG Electronics, hinted Friday that the South Korean home appliance manufacturer wanted to forge a partnership with Nvidia to develop applications for autonomous driving. The LG CEO told The Korea Herald on the first day of the IFA 2018 in Berlin that the company could join hands with leading autonomous driving solution companies like Nvidia as part of efforts to expand its vehicle component business. “Firms like Nvidia are taking the lead in devel

BERLIN -– Jo Seong-jin, vice chairman and CEO of LG Electronics, a passionate advocate of artificial intelligence, believes open cooperation with top AI players like Google and Amazon will help the device manufacturer gather data better and make it a strong AI player. “Our cooperation with Google and Amazon will help us accumulate data in our devices, and this will make LG a strong AI company,” Jo said Friday during a press conference on the first day of IFA 2018 taking place for six days throug

BERLIN -- Artificial intelligence and robots will bring a better life, with a wider range of choices in our everyday lives, said Jo Seong-jin, chief of the South Korean tech giant LG Electronics, as he opened IFA 2018 on Friday. In a keynote speech announcing the kickoff of the six-day exposition on innovative home appliances and new technologies taking place in the German capital, LG CEO Jo outlined the company’s strategic direction for the new era of AI. “Spending 42 years at LG, all through m

BERLIN -- Samsung Electronics may not be the top player in the field of artificial intelligence just yet, but it could use its position as the world’s leading device manufacturer to negotiate collaboration with Google on AI, the company’s consumer electronics chief said Thursday. “Samsung is developing its own voice assistant, Bixby, but we could consider various (forms) of collaboration with Google in the field,” said Kim Hyun-suk, Samsung’s president and CEO of consumer electronics, during a p

BERLIN, Germany – The Open Connectivity Foundation, a global organization on Internet of Things standards, announced Thursday at IFA 2018 in Berlin that the body and leading home appliance makers agreed to raise interoperability within the Internet of Things ecosystem.A ceremony to mark the agreement was held in Berlin one day ahead of the opening of IFA 2018, attended by C-level executives from Electrolux, Haier, LG Electronics and Samsung Electronics. OFC is a 400-member organization that seek

BERLIN -- LG Electronics will make a foray into Europe’s built-in home appliance market with its newest kitchen brand, pledging to improve the lives of consumers, said the head of the company’s home appliance business on Thursday. “LG’s home appliance unit is officially launching a new built-in brand, Signature Kitchen Suite, in Europe, which is a significant milestone for the Korean company to accelerate its foray into the world’s biggest built-in market,” said Song Dae-hyun, president of LG’s

BERLIN -- Samsung Electronics announced the global launch of its first 8K (7680X4320) quantum-dot light-emitting diode TV on Thursday, the day before the opening of the IFA 2018. Dubbed Q900R QLED 8K, the lineup consists of large sizes of 65-, 75- and 85-inch models. It features clearer and brighter picture quality than the current 4K (3840×2160) TVs as it uses a quadrupled number of pixels. Due to the higher pixel density, 8K TVs provide a more immersive experience for viewers with more live co

BERLIN -- How can artificial intelligence change people’s daily lives and how close is it to doing so? These are the two major questions that leading technology companies seek to answer at the IFA 2018, which kicks off in the German capital on Friday. “You will think wisely and be free with AI,” Jo Seong-jin, CEO and vice chairman of LG Electronics, said in an advance copy of his speech to be delivered at the opening ceremony of the IFA 2018.The LG CEO was to elaborate on how the company is tryi

South Korean premium TV maker LG Electronics said Wednesday that it would introduce the world’s first 8K organic light-emitting diode TV in Berlin, containing 7,680x4,320 pixels. The 88-inch 8K LG OLED TV will be the biggest OLED screen to be unveiled at the IFA 2018, the biggest show for home appliances in Europe, running for six days from Friday in the German capital. LG’s 8K organic light-emitting diode TV (LG Electronics)The 8K OLED TV will feature over 33 million self-emitting pixels to pro

LG Chem, a leading battery maker in South Korea, said Monday the company will increase the sales portion of low cobalt batteries for laptops and other digital devices to 40 percent next year, in light of the industry’s efforts to reduce cobalt use. The company has been trying to reduce cobalt use for various IT applications. Cobalt is a raw material that is difficult to secure due to its tight supply stemming from political risks in the primary cobalt producer, the Democratic Republic of Congo.D

Interconnectedness and voice commands are going to be the most established features of an upcoming trade show for home appliances and electrical devices amid the expanding dominance of artificial intelligence into the consumer electronics sector. Taking place in German capital Berlin from Friday for a six-day run, IFA 2018 will serve as a place for world-leading tech giants -- around 1,800 exhibitors -- to boast their latest technology highlights ranging from intelligent and interconnected home