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LG Uplus to adopt Huawei equipment for LTE-A

LG Uplus, Korea’s third largest mobile carrier, and Huawei, a leading Chinese telecommunication equipment and solutions provider, said Wednesday that they will use WDM/OTN technology for common publi...

Updated : 2014.04.16 13:57

Are Samsung, Hyundai at odds?

Hyundai Motor Group’s relations with LG Chem and SK Innovation seem to have reached a new high as Hyundai Motor is teaming up with LG Chem, and Hyundai affiliate Kia Motors with SK Innovation, for el...

Updated : 2014.04.15 21:01

Samsung SDI develops longer-life curved battery

Samsung SDI, Korea’s second largest lithium-ion battery maker, said Tuesday it has developed a longer-lasting curved battery for smart watches.The company’s rechargeable battery with a capacity of 2...

Updated : 2014.04.15 20:59

KT to raise $1b via debt sales

South Korea's top fixed-line operator, KT Corp., said Tuesday it will raise $1 billion by selling bonds to overseas investors as it aims to raise cash for debt payments in the coming months.Of the amount, $650 million will mature in three years and the remaining $350 million in five years....

Updated : 2014.04.15 16:32

Samsung to announce stance on deaths of employees from leukemia

Samsung Electronics said Monday it will soon announce its official position on the sufferings and deaths of its semiconductor workers from leukemia that family members and activist groups blame on the exposure to lethal chemicals at its plants.Rep. Sim Sang-jung of the minor opposition Jus...

Updated : 2014.04.14 20:23

FTC slaps KT with 2.08b won fine for forcing unfair business contract

South Korea’s antitrust watchdog said Monday it had fined KT Corp., the country’s top fixed-line operator, 2.08 billion won ($2 million) for forcing an unjust contract on a local electronics manufacturer.According to the FTC, KT placed orders for 200,000 units with an initial production ...

Updated : 2014.04.14 20:22

Galaxy S5 sales on track at home

Samsung Electronics had sold nearly 120,000 units of its newest smartphone, the Galaxy S5, in Korea as of last week, matching the performance of the previous model, the S4, market watchers said Sunday.The sales translate to roughly 10,000 units daily during the 12 business days from the Ma...

Updated : 2014.04.13 19:51

Steve Jobs rejected deal with CrucialTec

Many behind-the-scenes stories about Apple’s former CEO Steve Jobs have received attention since he died in 2011.His meeting with Softbank CEO Son Masayoshi, who brought a rough concept image of a ph...

Updated : 2014.04.13 19:51

Samsung calls Google to its defense in Apple trial

Samsung Electronics called the first of as many as seven witnesses to begin making its case in a $2 billion patent trial that Apple’s true target in the lawsuit is the Android operating system. Hiros...

Updated : 2014.04.13 19:51

Galaxy S5 sales on track at home

Samsung Electronics has sold nearly 120,000 units of its newest smartphone Galaxy S5 in South Korea as of last week, matching the performance of the predecessor model, the S4, market watchers said Sunday.The sales translate to roughly 10,000 units daily during the 12 business days from the...

Updated : 2014.04.13 11:21

Galaxy S5 released worldwide

Samsung Electronics’ Galaxy S5 has hit the global market along with its new wearable devices ― Samsung Gear 2, Gear 2 Neo and Gear Fit.The Korea tech giant said Friday that its products with new fit...

Updated : 2014.04.11 20:21

Seoul shares fall 0.56%, won extends rise

South Korean shares closed lower Friday as an overnight drop in U.S. stocks prodded investors here to turn away from risky assets, with the Korean won extending its gain versus the U.S. dollar, analysts said. The local currency closed at a near six-year high.The benchmark Korea Composite S...

Updated : 2014.04.11 20:19

Chinese premier says FTA talks with Korea at ‘critical’ stage

BEIJING (Yonhap) ― Negotiations between South Korea and China aimed at forging a bilateral free trade pact have entered a “critical” stage, Chinese Premier Li Keqiang said, calling for the two nations to speed up the process of talks to reach a “high-level” agreement. Li made the rema...

Updated : 2014.04.11 20:19

Samsung, LG required to adopt kill switch

The government said Thursday that all new smartphones produced by local handset makers should adopt a “kill switch” security function to enable users to remotely shut off their devices, rendering them useless, to prevent theft. “This will help users (to safeguard their data) if (the pho...

Updated : 2014.04.10 20:41

Korea’s ICT exports jump 8.9% on-year in March

Backed by the country’s initiative to bolster the information and communication technology sector, related exports jumped 8.9 percent in March compared to a year earlier, according to government figures on Thursday.Outbound shipments of ICT products came to $14.98 billion in March, accord...

Updated : 2014.04.10 20:41