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LG Electronics said on Nov. 5 that it has filed a patent lawsuit against Hisense, a Chinese electronics maker, in the US for breaching its TV patents. The South Korean tech giant said the Chinese firm has infringed on four types of its TV patents, including a solution to improve user interface, an...
Samsung Electronics said Nov. 5 it will bolster efforts to develop advanced 5G mobile network and artificial intelligence technologies to drive innovation in its business. The world’s largest memory chip and smartphone maker has expanded investment in 5G and AI to enhance competitiveness of it...
Tech giant Samsung Electronics kicked off its third annual artificial intelligence forum on Nov. 4 in Seoul, where local and global artificial intelligence experts have gathered to share their research projects and discuss future advancements in the technology. At this year’s event, presentations...
South Korea’s chip exports have climbed more than 5 percent this year despite a tumble in prices of key products, data showed Nov. 4. The country’s semiconductor exports totaled 29,834 tons for the year up to Oct. 25, up 5.2 percent from the same period a year earlier, according to data from ...
South Korea’s Samsung SDI has become the first Lithium-ion battery manufacturer to meet the safety standard for fire prevention test developed by a US certification firm, the batterymaker said on Nov. 3. According to the company, Samsung SDI last month fulfilled the rack-level safety standard of ...
Telecom giant KT said Nov. 1 it has launched an ICT rescue center on Mount Annapurna in Nepal to offer network services for climbers in the region. Built at the Machhapuchhre Base Camp at the altitude of 3,700 meters, the information and communication technology center will be fitted with base s...
The number of subscribers to 5G services offered by the nation’s three telecommunications firms -- SK Telecom, KT, and LG Uplus -- came in at 3.47 million as of September, according to the Ministry of Science and ICT on Nov. 1. The telecom firms began commercial 5G services on April 3. The figure...
Korean tech titan Samsung Electronics saw its operating profit in the July-September period more than halve on-year, according to its earnings report released Oct. 31. The tech giant said it earned 7.8 trillion won ($6.7 billion) in operating profit, down from 17.6 trillion won a year earlier. Its ...
SK Telecom said Oct. 31 its third-quarter net profit plunged due to equity losses of its chipmaking subsidiary, while its operating profit remained mostly unchanged from the previous year. Its net income tumbled 73.9 percent to 274.4 billion won ($236 million) in the July-September period compa...
South Korea’s top internet portal operator Naver said Oct. 31 that its net profit jumped 24.7 percent in the third quarter from a year earlier due largely to the sound performance of its overall business. Its net profit reached 85.3 billion won ($73.1 million) in the July-September period, com...
Korean tech giant Samsung Electronics wowed spectators at its annual developer conference, SDC2019, held on Oct. 29 in San Jose, California, with a rendering image of what could be the firm’s next foldable smartphone. Taking the stage at the conference, Jeong Hye-soon, head of the firm’s framewo...
South Korea on Oct. 30 opened a 5G fair to help local companies export their latest immersive content products. Domestic companies showcased their goods to prospective overseas partners at the two-day fair at an exhibition center in Goyang, northwest of Seoul, the Ministry of Science and ICT sa...
South Korea’s top conglomerate Samsung Group said Oct. 30 it will join a massive entertainment city development project in Saudi Arabia, with its affiliates taking part in various areas from construction to electronics. Under an agreement with Qiddiya Investment Company, Samsung will collabora...
South Korean telecom giant KT said Oct. 30 it will invest 300 billion won ($256.9 million) in the next four years to develop advanced artificial intelligence technologies in various areas. KT said it will develop AI tech in four areas -- language, image, analysis and problem solving -- to incre...
LG Electronics and US chipmaker Qualcomm said Oct. 30 they are joining hands to develop an in-vehicle infotainment platform for connected cars. The companies have signed a strategic partnership to develop the automotive platform, which combines entertainment and information delivery for both dr...
Korean Air to submit new merger plan to ease antitrust concerns
Samsung chief explores new growth drivers in Middle East
Household debt to GDP at highest level
Hyundai Ioniq 7 may start production in July next year
The Korea Herald to hold space forum on Oct. 11
Whisky imports surge 40% through August, suggesting record-breaking year
Chuseok food cost hits all-time high
Inflation driving up costs to eat out