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The Korea Herald

Tech

October 29, 2019
Samsung SDI’s net profit up on equity gains in Q3

Samsung SDI said Oct. 29 its third-quarter net profit increased slightly due to gains from equity ties with its affiliates. Net profit for the July-September period stood at 217.3 billion won ($186 million), compared with 214 billion won from a year earlier, the company said in a regulatory fil...
October 28, 2019
ABS issuance dips 11.9% in Q3

The issuance of asset-backed securities in South Korea slipped 11.9 percent on-year in the third quarter because of a decline in sales of government-led mortgage funds, data showed Oct. 28. The value of ABSs issues stood at 9.6 trillion won ($8.1 billion) during the July-September period, down ...
October 27, 2019
Who’s in and who’s out at G-Star 2019?

G-Star 2019, the biggest annual game convention in Korea, is to see attendance from a slew of notable players in the game industry, but several will be missing from the picture. Biggest local game companies Nexon and NCSoft are not participating in this year’s event, with the former citing a desi...
October 27, 2019
Korea’s biggest game convention G-Star to return in Nov.

The port city of Busan is expected to see a splurge of footfalls in November, with Korea’s biggest annual game convention G-Star slated to return Nov. 14-17 at Bexco. On the eve of the game trade show, the yearly Korea Game Award ceremony will reward the best games of the year at the Cultural Hal...
October 27, 2019
SKT forms partnership to build 5G networks in Philippines

SK Telecom said on Oct. 27 it has formed a strategic partnership with Now Corporation to build 5G infrastructure in the Philippines. SKT will share its know-how in 5G infrastructure design and construction, opening up the export of business-to-business solutions between Korea and the Philippines. ...
October 25, 2019
Bribery trial begins for Samsung heir and top execs

Trial proceedings for Samsung Electronics’ de facto leader Lee Jae-yong and other top executives started Oct. 25, after the Supreme Court in August overturned an appeals court’s decision to hand the Samsung heir a suspended jail term. “I deeply apologize for causing such concern,” Lee told rep...
October 24, 2019
SK hynix hit hard by falling DRAM price in Q3

South Korean chipmaker SK hynix said on Oct. 24 that it posted an operating profit of 472.6 billion won ($404 million) in the July-September period, down by a whopping 93 percent from a year earlier. The company attributed the profit drop to the falling price of DRAM chips. The third-quarter reven...
October 22, 2019
Samsung increases OLED supply for Apple’s latest iPhones

Samsung Display will likely supply up to 50 million units of OLED display panels for Apple in the second half this year, thanks to the positive market response for the latest iPhone lineup, according to news reports on Oct. 22. Citing industry sources, local news outlet Money Today reported on the...
October 21, 2019
Samsung rules global display driver chip market in H1

South Korean tech giant Samsung Electronics has maintained its lead in the display driver integrated circuit market in the first half this year, according to news reports on Oct. 21. A DDIC is a semiconductor used to operate displays for smartphones, tablet PCs and TVs. Samsung has kept the crown ...
October 18, 2019
Huawei set to continue foldable hype with Mate X launch

Chinese tech firm Huawei will reportedly start receiving preorders for its first foldable smartphone Mate X from Oct. 23 in China, posing a challenge against its South Korean rival Samsung Electronics’ Galaxy Fold, which was launched last month. The device will be officially released on Nov. 11, ...
October 16, 2019
Apple to launch iPhone 11 lineup in S. Korea on Oct. 25

US tech giant Apple said Oct. 16 that its latest iPhone models -- iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max -- and smartwatch Apple Watch 5 will hit the stores in South Korea on Oct. 25. Although the latest models have been criticized by market analysts for the “lack of innovation,” the device...
October 15, 2019
Samsung ramps up foldable smartphone panel output

South Korean display manufacturer Samsung Display has increased the production volume of foldable smartphone displays as Galaxy Fold has gained higher-than-expected popularity, according to news reports on Oct. 15. After producing 40,000 foldable panels in August, the display maker had initially p...
October 14, 2019
Samsung SDI vows to improve safety of battery storage products

Battery maker Samsung SDI said Oct. 14 that it will adopt a new fire control solution for its new and existing energy storage systems. The safety measure involves using chemicals and materials that can prevent flames from spreading from one battery cell to another. “Samsung SDI will make all-out...
October 13, 2019
Samsung Galaxy Fold available again in Korea, soon in Japan, China

The third batch of Samsung Galaxy Fold smartphones were set to be released in the Korean market Monday, drawing attention to the total volume of available units. Samsung was to begin taking orders for the foldable gadget on its homepage as well as some e-commerce platforms like 11st, eBay and Cou...
October 11, 2019
Facebook ups ante in video platform market

Facebook Korea said on Oct. 11 that it would step up efforts to nurture its video streaming platform Watch by offering highly tailored content for users and attracting creators. Launched globally in August 2018, Watch is a video-sharing platform that streams content made by individuals, influencer...

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