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SK hynix net soars more than fourfold in Q1

SK hynix, the world’s No. 2 memory chip maker, said Thursday its net profit surged 348.9 percent in the first quarter from a year earlier on the back of improved sales in dynamic random access memory chips.Net profit came to 802.2 billion won ($771.7 million) in the January-March period, ...

Updated : 2014.04.24 20:50

KT aims for comeback with new services

KT, Korea’s second-biggest mobile carrier, said it will introduce new marketing programs with the aim of making its various services easier and more convenient to use by consumers.This comes as the c...

Updated : 2014.04.24 20:47

Telecom ministry to crack down on ‘pirate’ phones

South Korea’s telecom ministry said Wednesday it would seek a law revision to slap fines of up to 100 million won ($96,300) on those using mobile phones under borrowed names, a practice used to conduct crimes and illegal activities while evading investigation.The Ministry of Science, ICT ...

Updated : 2014.04.23 19:56

Mobile vs. cinema

The movie industry is facing an uphill battle against new emerging technology that makes home entertainment more attractive for consumers.Smart devices such as smartphones and tablet PCs, as well as s...

Updated : 2014.04.23 19:55

Feel and ride the movies

To many movie fans, “300” is a Hollywood blockbuster about an epic battle between the Spartans and the Persians.But for CJ 4DPlex, the number has a different yet significant meaning.For the CJ affil...

Updated : 2014.04.23 19:53

Pentagon scientists show off life-size robot

U.S. Defense Secretary Chuck Hagel got a first-hand look at a life-size robot Tuesday that resembles Hollywood’s “Terminator,” the latest experiment by the Pentagon’s hi-tech researchers.But unlike the cinematic version, the hulking Atlas robot is designed not as a warrior but as a hum...

Updated : 2014.04.23 19:52

KT to shed 26% of workforce

KT, Korea’s second-largest mobile carrier by subscriptions, said Tuesday it has accepted more than 8,000 applicants for a voluntary redundancy program and would lay off the employees by the end of this month.KT said in an official statement that the latest voluntary retirement plan would ...

Updated : 2014.04.22 20:58

ITU aims to tackle global ICT initiatives in Busan

Officials, corporate executives and other high-profile figures in the world’s information, communication and technology industries will convene in Busan in October to discuss pressing global policy i...

Updated : 2014.04.21 21:30

Fire breaks out at Samsung SDS

A fire broke out on Sunday at one of the data centers run by Samsung SDS, an information and communication technology service provider.The fire reportedly took place at 12:20 p.m. on the fourth floor of a data center located in Gwacheon, Gyeonggi Province, and spread to the floors above. T...

Updated : 2014.04.20 20:25

LG’s UHD TV sales hit 900 three weeks after release

LG Electronics, one of the world’s leading consumer electronics manufacturers, said Sunday sales of its ultrahigh definition TVs have reached 900 units three weeks after they were put on the market.The company began selling the 49-, 55- and 65-inch versions of the TV sets on March 28. The...

Updated : 2014.04.20 20:25

Questions on bubble as tech momentum fades

(AFP) - After the tech euphoria of 2013, the fast-moving sector has hit a speed bump.The wobbly action of 2014 is still an open question: is this a correction, bear market or a bubble like the catastrophic dot-com boom and bust of 1999-2000.By some measures, segments of the tech sector loo...

Updated : 2014.04.19 10:22

KT CEO calls for unity of affiliates

KT CEO Hwang Chang-gyu held a meeting with the top executives of KT’s affiliates for the first time since taking the helm of Korea’s second-largest mobile carrier last December.Hwang emphasized the ...

Updated : 2014.04.17 21:04

LG Display aims to dominate Chinese 3-D TV market

LG Display, the world’s largest liquid crystal display panel maker, showcased its 3-D display technology at the Beijing International Film Festival this week as it seeks to carve out a bigger slice o...

Updated : 2014.04.17 20:51

Gov't to inject W15b to foster UHD industry

South Korea will invest 15 billion won ($14.4 million) this year in fostering its Ultra HD industry to secure a competitive edge before the expected sales boom from global sports events, the telecom ministry said Thursday.The Ministry of Science, ICT, and Future Planning said it will injec...

Updated : 2014.04.17 09:55

Chipmakers’ outlook brighter despite falling prices: analysts

South Korea’s top chipmakers are expected to see their earnings improve in 2014, with rising demands recouping losses from the falling prices of dynamic random access memory chips, analysts said Wednesday.Data from market researcher DRAMeXchange said that the fixed price of DDR3 2 Gb 256M...

Updated : 2014.04.16 20:32