SK hynix said Friday it has signed a deal to acquire part of U.S. data storage firm Violin Memory to enhance its presence in the fast-growing market for flash memory devices. Shares of the world’s No. 2 memory chipmaker rose to a 52-week high of 44,150 won on expectations that the deal would sharpen its edge in high-value-added semiconductors. Violin said SK hynix has agreed to pay about $23 million in cash to take over its computer expansion card division based on PCIe (Peripheral Component Int

Industry May 30, 2014

Samsung announced a new digital health vision with the introduction of Simband, a health-tracking wristband, and its big data cloud platform SAMI, at the company’s digital health event in San Francisco. “We can do more in the health care sector, by combining the advancement of what we have seen in mobile technology with hardware, sensors, algorithms, behavioral science, big data and the cloud,” said Samsung Electronics’ chief strategy officer Young Sohn, wearing a prototype of the rectangular wr

Industry May 29, 2014

LG Electronics has rolled out its new feature-rich G3, which is focused on the more frequently used user interfaces such as the camera and keyboard in an attempt to give users what they most want out of a smartphone. Further, despite the growing line of health-related functions by other device makers, the company declared it has done away with the heart rate sensor. The G3 is also not waterproof. The most notable feature of the G3 appeared to be the laser auto focus, which helps shoot sharper im

Industry May 28, 2014

CSLi, South Korea’s multilingual translation engine, announced Tuesday that it has acquired SYSTRAN, a France-based machine translation tech company.Rechristening itself SYSTRAN International, the tech firm said the acquisition was part of efforts to boost its competitive edge over IT giants such as Google and Microsoft.“We took over the French firm in a bid to beat the global No. 1 Google’s translation service,” said Kim Dong-pil, vice president of SYSTRAN International, at a press conference i

Industry May 27, 2014

Rumors are rising that Kakao, the nation’s top mobile messenger provider, and Daum Communications, the nation’s second-largest Internet portal company, are again seeking a tie-up.According to sources in the investment banking industry, the boards of the two tech giants met last Friday to discuss a possible merger through a stock swap.“The deal could offer a new business opportunity to the both companies,” an anonymous stock analyst said.Daum Communications has been seeking to go mobile as a way

Industry May 25, 2014

Samsung Electronics is considering joining Qualcomm’s AllJoyn project, but there is some debate over the possibility as Samsung is currently developing its own Internet of Things platform, industry watchers said Wednesday. AllJoyn is an open-source platform that allows all smart devices ― regardless of brand ― to recognize each other and share information. Simply put, Samsung and LG’s smart home appliances and electronics can become compatible through this communication protocol. The platform, w

Industry May 22, 2014

Concentrix, a global business process outsourcing company, plans to double its sales and staff in South Korea over the next three years as local companies’ demand for administrative processing will increase as they expand globally.“We are very excited to tap into the Korean market, where a number of global industry players are located,” said Christopher Caldwell, president of Concentrix, in a recent interview with The Korea Herald.“Most of our business in Korea will focus on (providing services

Industry May 19, 2014

A Samsung official enters the group’s main office in southern Seoul on Wednesday. (Yonhap)Samsung Electronics made an official apology to leukemia patients and their families for the first time since the issue emerged in 2007. “Samsung has neglected pains and difficulties of the victims and their families. We offer our sincere apologies to them for not resolving the problem earlier,” said Samsung Electronics CEO Kwon Oh- hyun, holding an extraordinary news conference at its Seoul office on Wedne

Industry May 14, 2014

이건희 회장 (연합)삼성그룹 이건희 회장이 11일 새벽 삼성서울병원에서 급성 심근경색으로 스텐트(stent) 삽입 시술을 받은 것으로 알려진 가운데 지난 4월 미국과 일본 출장을 마치고 귀국한 후에도 간단한 심장 수술을 받은 것으로 밝혀졌다. 익명을 요구한 한 삼성 관계자는 이건희 회장이 4월 17일 귀국 후 삼성서울병원에서 간단한 심장 수술을 받은 바 있다고 코리아헤럴드에 밝혔다. 그는 정확한 수술 날짜 관련해서는 함구했다. 최근 심장 수술과 오늘 새벽 스탠트 시술은 국내 최대 기업을 이끌고 있는 이건희 회장의 건강 문제가 심각하다는 우려를 재점화시키고 있다.  삼성 미래전략실은 이에 대해 이건희 회장이 귀국 후 심장관련 수술을 받은 적이 없다며 부인했다. 삼성 측에 따르면 이 회장은 10일 밤 갑작스런 호흡곤란으로 서울 한남동 자택 인근 순천향대학병원에 입원해 심폐소생술을 받은 뒤 삼성서울병원으로 옮겨져 스탠트 시술을 받았다. 순천향대학병원 입원 당시 이 회장은 자가 호흡에 문제

한국어판 May 11, 2014