Articles by Shin Ji-hye
Shin Ji-hye
shinjh@heraldcorp.com-
Samsung in talks with BMW, Volkswagen to supply telematics
Samsung Electronics has been in low-key talks on providing its Drive Link in-car smartphone application to German automakers including BMW and Volkswagen, industry sources said Wednesday. “Samsung is negotiating with the two companies to supply its application to fit into their design concepts such as user interface,” a source familiar with the matter told The Korea Herald. The Korean tech giant is expected to unveil its Drive Link system on the Galaxy S5 this year. It would be an upgrade from t
Industry March 5, 2014
-
SK Telecom fosters start-ups in Silicon Valley
SK Telecom, the nation’s largest mobile carrier, is to incubate start-ups in Silicon Valley in areas such as the Internet of Things, big data, cloud service and health care.Its North American arm SK Telecom Americas said Tuesday it set up the incubating center Innopartners, which can accommodate more than 11 companies in Sunnyvale. Two companies ― a transmission technology developer eTopus and a NAND storage provider Pavilion Data System ― have already moved into the center. The center aims to a
Industry March 4, 2014
-
Telecom subsidy war builds ahead of sanctions
More than 1 million subscribers switched telecom operators to get new smartphones during each of the last two months, according to an industry source. This came as local telecom operators have continued their cutthroat battle to attract new subscribers with more subsidies. During the period, the daily shift reached 41,000, nearly double the 24,000 mark designated by the industry regulator to indicate an overheating market. As the subsidy war continues, the Ministry of Science, ICT and Future Pla
Industry March 3, 2014
-
Seoul to promote smart cars, safety system
The Korean government is slated to foster smart cars, wearable smart devices and smart safety systems by 2020. “We have selected 13 industries for the government to focus on for the next six years based on the growth potential of markets, local companies’ competitiveness, employment and production,” said Cho Shin, head of the Planning Commission on Future Growth Engines and director of the Yonsei Institute of Convergence Technology. Among the projects initiated by the Ministry of Science, ICT an
Industry March 3, 2014
-
KT tops chart in LTE speed race
KT, the nation’s second-largest telecom operator, ranked No.1 in the Long Term Evolution speed race in Korea, data showed on Thursday. With a download speed of 21.3 megabits per second, KT was in sixth place among 40 telecom operators worldwide and first among Korean mobile carriers, according to a report released by the British wireless network research company OpenSignal. OpenSignal surveyed 6 million users of 40 telecom operators in 16 countries to publish the global 2014 LTE quality report.
Technology Feb. 27, 2014
-
Telecom operators compete for LTE ...leadership at MWC
The nation’s telecom operators unveiled their Long Term Evolution advanced technology at the Mobile World Congress 2014, which opened this week in Barcelona. SK Telecom, KT and LG Uplus have all demonstrated LTE-Advanced technologies, which can offer data rates of 450 megabits per second. SK Telecom, the nation’s largest mobile carrier, introduced three-band LTE-Advanced, which enables peak data rates of 450 mbps by combining three 20 megahertz channels. This is six times faster than conventiona
Industry Feb. 26, 2014
-
LG Uplus showcases FemtoCell
Local mobile carrier LG Uplus demonstrated its FemtoCell system, which both supports Long Term Evolution and Gigabit Wi-Fi technology, at the Mobile World Congress running this week in Barcelona.Developed jointly by LG Uplus and Samji Electronics, FemtoCell is a small base station designed to enable fast and stable telecommunications service in crowded areas such as coffee shops, Internet cafes or small stores where data traffic is concentrated. This technology provides high-speed Internet servi
Technology Feb. 26, 2014
-
K-water to work with corporate sector on water strategy
The nation’s large companies are expected to make a foray into the water market on increased government support for the industry, including an initiative being taken by the state-run Korea Water Resources Corp. Korea Water Resources Corporation, also known as K-water has focused on supporting small and medium-sized companies in the water industry in developing water and sewage system technologies. Now K-water plans to encourage conglomerates and other major firms to participate in water industry
Industry Feb. 25, 2014
-
Facebook uses Korea as test bed
Who says Facebook Korea is on the verge of demise?Those who obviously have no access to the social networking service grapevine.“Korea is a unique market where over 90 percent of users access Facebook through smartphones,” said Benjamin Joe, head of Facebook Korea, in an interview with The Korea Herald. Noting that Facebook Korea has seen a threefold increase in personnel in the last two years, Joe stressed that further expansion will come down the road. His comments were aimed at dispelling rum
Technology Feb. 23, 2014
-
Local securities industry faces wave of M&As
Small- and mid-sized local securities firms are becoming the targets of merger and acquisition deals as the stock brokerage industry has posted a sagging business performance over the past few years.According to the Financial Supervisory Service, 62 local brokerage houses reported a net loss of 109.8 billion won ($99 million) for the 2013 fiscal year, marking the first yearly deficit in 11 years since fiscal year 2002.FSS data showed Friday that 28 out of the 62 firms posted a net loss, most of
Industry Feb. 21, 2014
-
Facebook’s WhatsApp takeover deals blow to Naver shares
Naver Corp., the nation’s largest search portal, faces an unexpected bump in its global mobile messaging business. Facebook’s recent acquisition of fast-growing messaging start-up WhatsApp dealt a blow to the stock value of Naver. Shares of the Internet heavyweight rebounded 2 percent on Friday, following an 8 percent plunge on Thursday. Regarding the outlook for Naver Corp.’s overseas mobile messaging business, however, industry watchers still remain skeptical. As part of efforts to go global,
Industry Feb. 21, 2014
-
Does KMI stand a chance against SKT, KT, LGU?
Korea Mobile Internet ― a consortium consisting of mobile virtual network operators, IT services providers and financial backers ― recently said it was ready to become the country’s fourth telecommunications company and offer lower, competitive service rates for consumers amid an upsurge in mobile data traffic.KMI seeks to provide such services through the Long Term Evolution Time-Division Duplex networks.This is the consortium’s fifth attempt at winning the license to operate as a mobile carrie
Technology Feb. 19, 2014
-
Park cautions against broadcasting monopolies
President Park Geun-hye ordered broadcasting regulators Monday to ensure that the industry won’t fall into the hands of a handful of conglomerates, saying diversity and fairness are key to revitalizing the broadcasting sector.Park issued the instruction during a joint policy briefing by the Ministry of Science, ICT and Future Planning and the Korea Communications Commission.She said the broadcasting industry strongly influences the economy and is directly related to people’s everyday lives.“Cong
Feb. 17, 2014
-
Shares up on foreign buying
South Korean stocks closed higher on Monday thanks to net buying by foreign investors and institutions, who kept alive last week’s modest growth momentum. The South Korean won gained against the U.S. dollar. The benchmark Korea Composite Stock Price Index, starting the day in positive territory, gave up some of its gains to end at 1,946.36, up 0.31 percent, or 6.08 points, from Friday’s close. Trading volume on the main market was relatively light at 211.72 million shares, with 3.36 trillion won
Feb. 17, 2014
-
Samsung files defamation suit against Dyson
Samsung Electronics, the nation’s largest electronic goods maker, filed a lawsuit for libel against Dyson, a U.K. vacuum cleaner manufacturer, claiming that the British company tarnished its reputation, according to industry sources on Sunday. Samsung took the case to the Seoul Central District Court on Friday.The move came after Dyson withdrew its patent infringement lawsuit against Samsung. The compensation claimed is estimated to be 10 billion won ($9.4 million), based on Samsung’s brand valu
Industry Feb. 16, 2014
Most Popular
-
1
Yoon sorry for shortcomings but insists policies were right
-
2
1 in 3 Koreans live alone, family types becoming diverse
-
3
S. Korea ‘strongly’ protests Japan’s claim over Dokdo in diplomatic bluebook
-
4
US 'incredibly concerned' about suspected NK-Iran military ties
-
5
Korea, Japan finance chiefs vow to tame rampant FX market volatility
-
6
Korean won weakens amid heightened uncertainty
-
7
Seoul says will cut power to porn festival planned on Han River
-
8
Sewol victims commemorated on tragedy's 10th anniversary
-
9
K-pop group's manager dismissed for setting up spycam in theater dressing room
-
10
Chanel, Louis Vuitton see muted growth in Korea