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SKT launches app for parking lots using Tmap
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South Korean government, telecom firms unveil 7-year 5G growth plans

Today Technology

SKT launches app for parking lots using Tmap

　South Korea’s biggest mobile carrier SK Telecom launched Wednesday a smartphone application aimed at helping address the chronic problem of parking space shortage.　The company said it has released the Tmap Parking app to help users locate parking lots. Based on its navigation app Tmap, the service notifies drivers about available parking spaces nationwide in real time. 　Users can also purchase parking tickets via SKT’s parking app before parking at designated spaces. The servi

South Korean government, telecom firms unveil 7-year 5G growth plans

Korea aims to secure 20 percent 5G network equipment market by 2026

Today
Technology
S. Korea retains top spot on EU innovation list

South Korea retained the top spot in a European innovation list for the seventh consecutive year, the finance ministry said Wednesday.South Korea scored 137 points in global performance in relation to the European Union in the European Innovation Scoreboard that provides a comparative assessment of the research and innovation performance of the 28 EU member states and 18 select countries, according to the Ministry of Economy and Finance."South Korea is the most innovative country performing

Today
Technology
Naver deserves credit for its presence on Google-dominant scene: founder

Naver, the reigning search engine in South Korea, should receive credit for its presence on the Google-dominant scene, its founder said Tuesday.　“I am proud to have built a search engine in our own language, allowing our own people to use the platform,” Lee Hae-jin, the billionaire founder of South Korea‘s top portal operator Naver Corp., said in a forum here.　Appearing after a two-year absence from the public eye, Lee said there are very few countries in the world where

Today
Technology
KT vows to invest W500b in cloud computing business

With government’s deregulation efforts, South Korean telecom seeks to compete against global giants in public cloud services market

Jun 18, 2019
Technology
Samsung’s system chip head says M&As needed for non-memory goal

Top memory chip provider announces plan to solely develop NPUs, neuromorphic processors to realize on-device AI

Today
Technology
Samsung, SK Telecom join hands for 6G R&D

Samsung Electronics Co. and SK Telecom Co. said Tuesday they have agreed to work together to upgrade the performance of the commercial 5G network and develop technologies related to 6G.Samsung, which provides end-to-end 5G solutions ranging from modems and chipsets to smartphones, has been providing its equipment to South Korea's leading mobile carrier for the commercial rollout. As SK Telecom is currently building additional base stations to expand nationwide coverage, the two companies f

Jun 18, 2019
Technology
Naver launches mobile payment service in Japan

South Korea’s internet giant Naver said Monday it has introduced a mobile payment system that can be used at stores in Japan, a move that the company said could help Koreans traveling there have a better shopping experience.According to the firm, its users can purchase items in Japan via its own mobile payment service Naver Pay. Using the tool called Cross-Border service, the users can carry out electronic payments by swiping a QR code with mobile devices. The service is available at

Jun 18, 2019
Technology
Samsung heir keeps tight rein on future businesses

Lee highlights auto parts, 5G and open innovation with outside partners for new businesses

Jun 18, 2019
Technology
[Monitor] Samsung Display maintains lead in smartphone display market

Samsung Display maintained its top position in the global smartphone display market in the first quarter as more handset makers adopted OLED panels for their premium products, according to the data by IHS Markit.Samsung Display delivered $3.4 billion worth of smartphone displays in the first three months of this year, taking up 40.2 percent of the total market share.Japan Display Inc. was a distant second player with a 12.3 percent share, and China’s BOE came in third with 11.9 percent. Wh

Jun 18, 2019
Technology
Samsung Display maintains formidable lead in smartphone display market in Q1

Samsung Display Co. maintained its dominant position in the global smartphone display market in the first quarter as more handset makers adopted OLED panels for their premium products, a market researcher said Monday. The display making unit of Samsung Electronics shipped $3.4 billion worth of smartphone displays in the January-March period, accounting for 40.2 percent of the total market share, according to the data by IHS Markit. The Korean firm's market share shed 6.6 percentage points

Jun 17, 2019
Technology
SKT to develop 6G network tech with Nokia, Ericsson

South Korea’s biggest mobile carrier SK Telecom said Sunday it will develop the sixth-generation network technology with Nokia and Ericsson, as the Korean government seeks to enhance economic ties with Nordic countries. The telecom firm signed memorandums of understanding for research and development cooperation with the two companies based in Finland and Sweden. The agreement with Nokia and Ericson was made on Wednesday and Thursday, respectively, at their headquarters. While

Jun 17, 2019
Technology
Samsung denies rumors of Galaxy Fold’s July launch

Little progress seems to have been made on the launch of Samsung Electronics’ Galaxy Fold, as the company on Friday denied rumors that the world’s first foldable smartphone would be released in July. There have been rumors that the foldable device would be unveiled to Korean media in June and released on the market in July. Last week, Samsung’s smartphone business chief Koh Dong-jin told a Korean media outlet that the phone would arrive before July. However, according to Samsun

Jun 15, 2019
Technology
[Herald Interview] S. Korea's top IP official vows to create user-friendly patent system

　South Korean companies will experience faster, more predictable and applicant-friendly patent system in the future both here and overseas as efforts are underway to create an efficient and transparent ecosystem, the country’s top intellectual property official said on Thursday.　During his interview with The Korea Herald, Intellectual Property Office Commissioner Park Won-joo said top IP officials from five major countries agreed to streamline patent registration processes for applic

Jun 13, 2019
Technology
LG Chem ties up with Geely to break into China’s EV market

LG Chem announced Thursday its first joint venture with China’s No. 1 automaker Geely Auto Group for the production of electric vehicle batteries, with a plan to secure capacity of 10 gigawatt-hours by late 2021. The South Korean battery manufacturer said it signed a contract with the Chinese automaker on the establishment of the joint venture, with an equal amount of financial investments from each company, at Geely’s research center in Ningbo, Zhejiang province, on Wednesday. Under

Jun 14, 2019
Technology

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