LG Uplus said Tuesday that the mobile carrier will make inroads into the drone business, at an event held to demonstrate a cloud-based drone controlling system. At a press conference held at the telecom firm’s headquarters in Yongsan, central Seoul, the company demonstrated spotting a missing child with a drone flying over Sky Park in Sangam-dong in the northwestern part of the city, taking just three minutes. The drone communicated with the company’s U+ Smart Drone Cloud Control System at the h

This is the final installment of a series of articles delving into new technologies Samsung Electronics is betting on for its new source of growth. -- Ed.Samsung Electronics is preparing to rebrand itself as a data business, shifting away from being a hardware company by undergoing major changes in its leadership and business restructuring,“Data is new oil,” said Young Sohn, Samsung’s chief strategy officer. “About 70 percent of data around the world is being produced and stored in Samsung produ

Samsung Electronics is preparing to announce follow-up organizational reshuffles of executives and employees possibly Tuesday with a focus on collaborative research and development across different divisions in order to accelerate synergy, according to company officials Friday. After promoting 221 executives -- 27 executive vice presidents, 60 senior vice presidents, 118 vice presidents and one fellow and 15 masters -- Thursday, the South Korean tech titan is continuing to work on the formation

Due to the short supply of Apple’s most expensive iPhone, the initial preorder volume allocated for the South Korean market ran out within a few minutes Friday, as soon as it was launched. According to mobile carriers here, the first preorder batch of the latest iPhone X sold out in less than five minutes, reflecting high expectations toward Apple’s first smartphone with an organic light-emitting diode screen and face ID function. Unlike the iPhone 8 series that hit shelves last month, the iPhon

Delayed announcements on personnel reshuffles and organizational restructuring at Samsung Electronics and its major affiliates on Wednesday raised questions over whether the group is preparing its first large-scale shake-up in the absence of the conglomerate’s control tower. Samsung has delayed the anticipated announcements of executive promotions and appointment transfers among its affiliates for about a week, citing difficulty in coordinating personnel reshuffles across the different companies

South Korea’s LG Electronics said Tuesday it has unveiled a full lineup of premium medical visual equipment at the Medica 2017 event being held from Monday through Thursday in Germany, with an aim to expand the company’s leadership in premium electronics to the medical market. At the exhibition, LG introduced a diagnosis monitor with an internal calibrator that enhances color representation to help patients see their results of magnetic resonance imaging and computed tomography tests in an easie

With reports emerging over abnormal green lines appearing on the edges of the latest iPhone -- the first Apple phone to use organic light-emitting displays -- industry watchers are questioning whether the problem is due to the quality of the active-matrix organic light-emitting diode screens exclusively supplied by Samsung Display, or Apple’s incapability to adopt and manufacture the advanced-screen phones.According to the smartphone parts industry, the main cause of the delayed launch of the iP

Seoul is generally known as a high-tech city filled with tall buildings and high-rise apartments. But once a year, though not for long, the modern city transforms into a city of colors.  (Photo by Park Hyun-koo/The Korea Herald)This week seems to be the peak of the nation’s favorite season -- fall.  (Photo by Park Hyun-koo/The Korea Herald)From the top of Namsan to Jamsil in the southeastern part of the city, urban districts have turned into places to celebrate the harvest season. Streets are de

Samsung Electronics and other Samsung affiliates delayed their announcements of new executives Friday afternoon, amid rumors that they are facing difficulties in making choices without a control tower that used to coordinate such decisions.Each Samsung unit was reportedly to make their announcements within this week -- the first large-scale organizational shake-up since the Future Strategy Office was disbanded in February in the face of public criticism for exercising too much power while holdin

This is the third installment of a series of articles delving into new technologies Samsung Electronics is betting on for its new source of growth. -- Ed.Digital health care is possibly a new sector where Samsung could find a sea of new business opportunities in a world with tech-savvy, and aging, populations.Moving beyond providing electronic parts and devices, Samsung Electronics -- with a younger generation leading it -- is now looking at the digital health care market, with expectations of n

Samsung Electronics remains ahead of Apple as the world’s top smartphone maker, but is facing fiercer competition with the US tech giant surpassing it in sales in the US market in the latest quarter, reports showed Wednesday.According to market researcher Strategy Analytics, Samsung maintained the first position with 21 percent of the global smartphone market share in the third quarter of this year, while Apple held steady at 12 percent share. “Samsung shipped 83.4 million smartphones worldwide

South Korean mobile carrier SK Telecom said Tuesday the company has developed technology to speed up data traffic by 10 times for the fifth-generation network. Development of the technology will be crucial for commercialization of 5G, as huge data processing capabilities will be necessary, the company said. The technology enables packet switching equipment to process high-volume traffic at breakneck speed in the 5G network. In the existing Long Term Evolution network, the maximum speed for packe

Korea’s Electronics & Telecommunications Research Institute said Monday it has developed an application for smartphones that will allow the production of virtual reality content without any additional hardware. The institute designed the application with VR solution startup Nextaeon and developed an enabling technology called YouVR. By downloading the app, a smartphone user can create VR content in which objects can move 360 degrees. Considering virtual reality is growing at a slower-than-expect

Monday’s announcement of an additional trade union at Samsung Welstory, a meal service provider separated from former Samsung Everland, has prompted a number of questions, including exactly how influential are the labor unions at the conglomerate which is known to be intolerant towards such activities.The latest trade union internally formed on Sept. 8 also appeared to reflect the ongoing rivalry among the country’s two largest umbrella labor unions, according to industry watchers.The new union

US International Trade Commission has embarked on a probe into an alleged patent infringement by Samsung Electronics for its lucrative semiconductor business, it said Sunday, raising further concerns about the Trump Administration’s growing pressures on its major trade partner South Korea. The probe was announced on Oct. 31 after US semiconductor packaging firm Tessera Advanced Technologies accused Samsung of violating patents regarding wafer level packaging. Wafer level packaging is a technolog