Most Popular
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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Inflation eases in April, continues bumpy ride
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Golden chance to liquidate babies’ gold rings?
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Seoul to more than double military drones by 2026 to counter NK threats
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Seoul alerts overseas missions to NK terror threats
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Over 60% of S. Koreans support W100m childbirth incentive: survey
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‘Inside Out 2’ adds four new emotions, explores teenage life
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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Questions raised over fair promotion of RM, NewJeans
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KITA to step up support for small exporters, service firms
Chairman SaKong calls for need to foster services industry, FTAsThe Korea International Trade Association will boost support for small and medium exporters and the services sector to help the country achieve $1 trillion trade this year, its chairman SaKong Il said Thursday.“The Korean trade industry achieved a notable result last year despite the sluggish global economy. We have become the world’s
Feb. 17, 2011
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Samsung launches new 3-D smart TVs
Says firm’s next-generation 3-D focus will move from programming to servicesSamsung Electronics, the world’s No. 1 flat-screen television maker, plans to release a new series of full high-definition 3-D smart TVs, upping the ante in its rivalry with LG Electronics.Yoon Boo-keun, president of its visual display business, said Thursday that it will present the new television sets on Friday, changing
Feb. 17, 2011
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HTC may offer larger tablets to rival Apple, Samsung, CEO says
HTC Corp. may introduce larger tablet computers than the 7-inch screen “Flyer” device that the Taiwanese company unveiled Tuesday to challenge the dominance of Apple Inc.’s iPad. “We’re working on several form factors,” HTC Chief Executive Officer Peter Chou said on the sidelines at an industry conference in Barcelona Tuesday when asked whether the company may offer bigger tablets. Sales from tabl
Feb. 17, 2011
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New recruits build bonds at company boot camps
New workers learn teamwork and living as part of the firm at induction programsLike many who join large companies in South Korea, Cho Duk-hyun’s career at Daeyang Shipping began with a two-month induction program.While such programs are often associated with tight schedules that begin at the crack of dawn and continue late into the night, and sometimes include activities with little relation to wo
Feb. 16, 2011
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Korea to develop key bullet train components
Korea will seek to acquire technology for indigenously manufacturing electric car line systems used to provide power to its bullet trains, the government said Wednesday.The Ministry of Land, Transport and Maritime Affairs said work to develop special metal components and nuts that can permit 25,000 volts of electricity to flow constantly from overhanging wires to a fast moving train should be deve
Feb. 16, 2011
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GM Daewoo unveils all-new Chevrolet Aveo
GM Daewoo Auto & Technology, the Korean unit of U.S. carmaker General Motors Co., on Wednesday revealed its new small passenger car, the Chevrolet Aveo, in Korea.“The all-new Chevrolet Aveo is a fun to drive car with a confident attitude and a big heart,” said Mike Arcamone, president GM Daewoo.“Its bold exterior styling exudes attitude while its big heart is readily apparent with the most spaciou
Feb. 16, 2011
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LGE reveals next generation 3-D TVs
LG Electronics on Wednesday unveiled its first 3-D television using film-type patterned retarder panels that it claimed have effectively eliminated problems with the current 3-D technology. The Seoul-based electronics firm said in a press conference that the current shutter glass panels have serious limitations such as flickering and cross talk ― blurry ghosting images ― that viewers have persiste
Feb. 16, 2011
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Hyundai Heavy honored for excellent designs
Hyundai Heavy Industries won awards at the 2011 Design Award of the Federal Republic of Germany, the world’s largest shipbuilding firm said Wednesday.The winning products were two types of HiMSEN medium speed marine diesel engine and ship monitoring system ACONIS-DS (advanced control & integration system), the firm said.The HiMSEN engine is an environmentally friendly model which boasts higher out
Feb. 16, 2011
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Samsung, LG bet on solar energy devices
The country’s top electronics makers are attempting to make big investments in solar energy projects, designating them as a new future growth engine.At the EXPO Solar 2011 at the KINTEX in Gyeonggi Province on Tuesday, local electronics giants Samsung and LG Electronics both featured advanced solar modules which they claim are “highly efficient.”The event takes place as major firms have pledged ea
Feb. 16, 2011
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Kaspersky tips Android to dominate mobile
BARCELONA (AFP) ― Computer security expert Eugene Kaspersky predicted on Tuesday that Google’s Android smartphone operating system will come to dominate the market, reducing Apple and BlackBerry to niche players.Kaspersky, who founded the leading anti-virus firm Kaspersky Lab, said there is only “one company, one operating system which follows Microsoft’s strategy of the 1990s” when its Windows co
Feb. 16, 2011
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Dell quarterly net income more than doubles
SEATTLE (AP) ― Personal computer maker Dell Inc. said Tuesday its net income more than doubled in the most recent quarter to handily beat expectations, as businesses spent more on computers, servers and other technology.Dell also issued annual revenue guidance for the current fiscal year that beat Wall Street’s forecast. The results sent Dell’s shares soaring in extended trading after the report w
Feb. 16, 2011
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Buffett to visit Korea in March
Warren Buffett will visit South Korea in March to attend the groundbreaking ceremony for TaeguTec Ltd.’s second plant, which will double its production capacity.According to TaeguTec, a Daegu-based firm that specializes in producing tungsten and industrial cutting tools, Buffett will visit the company for the ceremony on March 21. Warren Buffett. BloombergAs he did during his first visit to Korea
Feb. 16, 2011
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Incheon Airport named world’s best for 6th year
Incheon Airport was selected the Best Airport Worldwide for the sixth consecutive year. (Yonhap News)Incheon International Airport was selected the Best Airport Worldwide in Airport Service Quality in 2010 for the sixth consecutive year, beating rivals Changyi Airport of Singapore and Hong Kong International Airport, The Ministry of Land, Transport and Maritime Affairs said Tuesday. It is the firs
Feb. 16, 2011
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Creditors to extend deadline for Daewoo Electronics sale
Creditors of Daewoo Electronics Corp. have decided to give two more months to Entekhab Industrial Group to help the Iranian electronics firm finance a deal to buy South Korea's third-largest electronics company, sources said Wednesday. Last November, state-run debt clearer Korea Asset Management Corp. (KAMCO) and other creditors sealed a deal to sell a combined97.5 percent stake in Daewoo Elec
Feb. 16, 2011
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Samsung updates bada mobile platform
BARCELONA, Spain (Yonhap) -- Samsung Electronics Co., the world's second-largest maker of mobile phones, said Wednesday that it has released the updated version of bada, the company's proprietary mobile operating system. Samsung added a multitasking feature and mobile payment technology called Near Field Communication (NFC) and voice recognition functions to the second generation of its mobile
Feb. 16, 2011
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S. Korean shipbuilders fall far behind Chinese rivals in Jan.
South Korea failed to regain its status as the world's leading shipbuilding nation in January as it lagged behind China in key indicators, data showed on Wednesday. According to London-based market researcher Clarkson Research, South Korean shipbuilders won a combined 356,398 compensated gross tons (CGTs) in new orders last month, while Chinese shipbuildersclinched a total of 1.07 million CTGs
Feb. 16, 2011
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Hyundai, Samsung seek alliance
Carmaker, electronics company nearing deal to develop ‘smart car’Hyundai Motor Co. and Samsung Electronics seek to collaborate in developing an automobile-smartphone link-up, sources said Tuesday. The largest automobile and electronics firms of Korea may sign a memorandum of understanding as early as next week, they said.The project will enable the built-in table computer on board Hyundai vehicles
Feb. 15, 2011
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Daum 2010 net nearly quadruples
Daum Communications Corp., the operator of Korea’s second-most visited search engine, said Tuesday that its earnings almost quadrupled last year from a year earlier on increased ad-based revenue.Net profit reached 112 billion won ($99.7 million) last year, compared with 31 billion won a year earlier, the company said in a regulatory filing.Sales soared 44 percent on-year to a record 346 billion wo
Feb. 15, 2011
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MS says to bring full power of Web to phones
Multitasking, speedy IE9 coming to windows phoneBARCELONA (AFP) ― Microsoft announced Monday an Internet-friendly revamp of its Windows Phone operating system to help capture new territory in the smartphone wars.Microsoft chief Steve Ballmer unveiled a series of improvements this year to Windows Phone, which got a major boost last week when it was adopted by leading handphone maker Nokia.The softw
Feb. 15, 2011
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EU ministers agree on larger bailout fund
Eurozone to put up $674b for post-2013 bailout fund, disagreement over debt crisisBRUSSELS (AP) ― European finance ministers decided Monday to provide 500 billion euros ($674 billion) for a new crisis fund that will come into force in 2013, but continued to fight over the best way to combat the current debt crisis that has crippled the eurozone over the past year.The ministers “agreed on the provi
Feb. 15, 2011