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Today Technology

LG CNS partners with Korea’s Megazone for cloud business

LG CNS, the information technology services unit of South Korea’s LG Group, has partnered with Korean public cloud provider Megazone to expand the scope of its cloud business, the company said Tuesday.The two companies signed a memorandum of understanding in Seoul, agreeing to jointly research and commercialize cloud platforms, exchange resources and partner for global business expansion.(LG CNS)Under the partnership, LG CNS will combine its large-scale cloud service capabilities with the public

LG to unveil home-brewing machine at Las Vegas trade show

LG Electronics will unveil a beer-brewing machine at Consumer Electronics Show 2019 in Las Vegas in January with the aim of leading the market in the widely popular home-brewing trend, the company said Tuesday. Dubbed “LG Home Brew,” the newest brewer is an automated beer-making machine, equipped with LG’s proprietary brewing technology supported by its inverter compressor and automatic temperature- and pressure-control technologies, the company said. The brewer works like an espresso machine. U

Today
Technology
Google accelerates Plus closure after another privacy lapse

(AP) - Google is still having trouble protecting the personal information on its Plus service, prodding the company to accelerate its plans to shut down a little-used social network created to compete against Facebook.A privacy flaw that inadvertently exposed the names, email addresses, ages and other personal information of 52.5 million Google Plus users last month convinced Google to close the service in April instead of August, as previously announced. Google revealed the new closure date and

Dec 11, 2018
Technology
Samsung sells 110,000 units of convertible laptops at home

Samsung Electronics Co. sold more than 110,000 units of its convertible laptop, Pen, up till last month after the device was released in the local market in December 2017, industry sources said Tuesday.Considering the popularity, the South Korean tech giant is expected to sell 120,000 units of its versatile laptop, which can also function as a tablet PC, by the end of this year. (Yonhap)The sales performance is significant as the size of the South Korean market for laptops has been decreasing ov

Dec 11, 2018
Technology
KT to deduct up to 6-month phone bills for victims of network blackout

South Korean mobile carrier KT announced Monday its plan to compensate those who suffered from a network blackout caused by a fire at its regional branch last month, including the exemption of telecom bills worth up to six months.In addition to its initial plan to shave off one-month bills for both landline and wireless service subscribers among the victims, which largely included small merchants in the Seodaemun District, northern Seoul, the operator decided to exempt fees worth up to six month

Dec 11, 2018
Technology
Samsung expands number of artworks displayed on The Frame TVs to 1,000

Samsung Electronics Co. said Monday it has expanded the number of artworks that can be displayed on its premium The Frame TVs to a whopping 1,000 by joining hands with more museums around the globe.The Frame is a high-end TV that comes with a stylish frame design to display artwork or photos when not in use. (Yonhap)Samsung said it recently concluded arrangements with Italy's Uffizi Galleries, the Netherland's Van Gogh Museum and New Zealand's Te Papa to provide 62 more artworks through The Fram

Dec 10, 2018
Technology
Digital health care, smart cities key to 4th industrial revolution drive: committee

Admitting to falling short of mediating conflicts among old and new business models, committee pledges intensified role in second term

Dec 11, 2018
Technology
ICT exports in actual figures fall short of projection

South Korea's actual exports in the information and communications technology sector fall way short of the projected amount the government has announced, a report submitted for parliamentary audit showed Monday.Some US$2.51 billion worth of ICT exports were expected from 2014-2018 through consultation sessions held both at home and abroad, according to the report from the Ministry of Science and ICT. The government spent 10.04 billion won ($8.94 million) to support the consultations during the p

Dec 10, 2018
Technology
Samsung scouting talents for autonomous driving

Samsung on track to commercialize chips for self-driving cars starting with Tesla’s autonomous model slated for launch in March

Dec 11, 2018
Technology
LG installs digital signage in Delhi's largest shopping mall

LG Electronics Inc. said Monday it has installed a large digital signage at the largest shopping mall in Delhi in the latest move to promote its organic light-emitting diode displays.The new signage, built at Ambience Mall, located in the capital city, utilizes a whopping 63 units of 55-inch OLED display. (Yonhap)Standing 8 meters tall, the signage are installed in a ring so that they can be observed at any angle, the company said. The displays will show off various advertisements, including th

Dec 10, 2018
Technology
ICT exports in actual figures fall short of projection

South Korea's actual exports in the information and communications technology sector fall way short of the projected amount the government has announced, a report submitted for parliamentary audit showed Monday.Some $2.51 billion worth of ICT exports were expected from 2014-2018 through consultation sessions held both at home and abroad, according to the report from the Ministry of Science and ICT. The government spent 10.04 billion won ($8.94 million) to support the consultations during the per

Dec 10, 2018
Technology
Kakao begins pilot carpool service, sets official launch for Dec. 17

Despite continued protests from taxi unions, Korean information technology giant Kakao has begun providing a trial of its carpool services, with plans to formally roll out the service for all users here on Dec. 17. Kakao Mobility, the transportation service arm of Kakao, launched a beta version of its carpool service on Friday involving a number of randomly selected users on the Kakao T app. Users can input a destination and place a ride request for drivers registered with Kakao’s “carpool crew.

Dec 10, 2018
Technology
Commercial ‘boosting’ in video games now punishable by law in Korea

South Korea, the world’s fourth-largest gaming market, now has legal grounds to punish actors providing commercial video game “boosting” services. “Boosting” is a practice whereby businesses are paid to increase the rank of a gamer’s account, impeding the possibility of a fair and competitive ecosystem. 　The National Assembly recently passed a revision to the Game Industry Promotion Act, prohibiting entities from offering paid services to level up a gamer’s account using methods unauthorized by

Dec 10, 2018
Technology
LG Display partners with NHK for 8K broadcasting of 2020 Tokyo Olympics

LG Display, the world’s biggest organic light-emitting diode panel maker, said Friday it is working with Japan’s national public broadcasting company NHK to broadcast the 2020 Tokyo Olympics with 8K picture quality. The partnership is a part of LG’s OLED business plan for the Japanese TV market, where there is high demand for high picture quality. To promote OLED panels in Japan, the company participated in the 28th Finetech Japan forum held in Tokyo on Thursday. LGD advisor Yeo Sang-deok speak

Dec 8, 2018
Technology
Reshuffle of Samsung, SK hynix CEOs send positive signals to market: analysts

Analysts at stock brokerages in South Korea on Friday expressed positive views toward the appointments of chief executive officers at the country’s two biggest chipmakers, Samsung Electronics and SK hynix, suggesting favorable trends in their stock prices. Kim Kyung-min, an analyst at Hana Financial Investment, said Samsung Vice Chairman and CEO Kim Ki-nam and SK hynix CEO Lee Seok-hee are expected to maintain the current supply and price strategies for their DRAM businesses. “The executive prom

Dec 8, 2018
Technology

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