Conglomerates found to hold some 5.7 tln won in tax havens: data

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LG ready to widen Google TV reach

JEJU ― LG Electronics is ready to expand its lineup for Google TVs this year, as the company expects sales to rise on growing demand, a high-ranking LG executive confirmed on Friday.These innovative smart TVs operating on Google’s Android operating system are consequently expected to bec...

Updated : 2013.05.24 21:02

Samsung’s Galaxy S4 sales top 10 million

Samsung Electronics Co., the world’s top smartphone maker, said Thursday that global sales of its Galaxy S4 smartphones have surpassed the 10 million mark since its release in late April.The mileston...

Updated : 2013.05.23 20:05

OLED TVs don’t make economic sense: experts

Samsung Electronics and LG Electronics, two Korean companies that are leading the world’s television market, appear to be in a forced race to churn out sets fitted with organic light emitting displays, but experts believe the competition will soon become meaningless. “The technology simp...

Updated : 2013.05.22 20:40

Ericsson aims to be leader in 5G

Ericsson, Samsung’s key rival in the network equipment segment, is progressing to become a leader in 5G network technology, the company’s marketing executive said, particularly in regions such as th...

Updated : 2013.05.22 20:39

Microsoft touts Xbox One as all-in-1 entertainment

Microsoft thinks it has the one.The company unveiled the Xbox One, an entertainment console that wants to be the one system households will need for games, television, movies and other entertainment. It will go on sale later this year, for an undisclosed price.For the past two years, Micro...

Updated : 2013.05.22 11:50

Poll: Teens migrating to Twitter

Twitter is booming as a social media destination for teenagers who complain about too many adults and too much drama on Facebook, according to a new study published Tuesday about online behavior. It said teens are sharing more personal information about themselves even as they try to prote...

Updated : 2013.05.22 10:13

Samsung, LG show off technology at IT show

Samsung Electronics and LG Electronics on Tuesday showcased a slew of forward-looking devices and appliances at the World IT Show 2013 that kicked off this week for a four-day run at COEX.Samsung’s k...

Updated : 2013.05.21 20:06

Microsoft rolls out Surface tablet in S. Korea

 Microsoft Corp. on Tuesday launched its own tablet computer Surface in South Korea in a bid to bolster its presence in the market dominated by rival gadgets manufactured by Apple Inc. and Samsung El...

Updated : 2013.05.21 15:22

Galaxy S4 picked as top smartphone by U.S. magazine

Samsung Electronics Co.’s Galaxy S4 has been chosen as the best smartphone by a U.S. magazine in its latest handset survey, according the magazine’s Web site Sunday.Consumer Reports recommended the ...

Updated : 2013.05.19 20:47

Samsung grabs 95% of global Android smartphone profit in Q1

Samsung Electronics Co., the world's largest smartphone maker, captured a whopping 95 percent of all Android smartphone profits in the first quarter of the year, data showed on Thursday.According to the data compiled by Strategy Analytics, global Android smartphone profits reached $5.3 bil...

Updated : 2013.05.16 11:35

Samsung to spend W170b on software

Samsung Group, South Korea’s top family-owned conglomerate, said Wednesday that it plans to spend 170 billion won ($153 million) in training software engineers and nurturing the related industry over the next five years.The group also said it plans to hire over 2,000 software engineers ev...

Updated : 2013.05.15 20:33

‘Naver too dominant’

Choi Mun-kee, the minister of science, ICT and future planning, on Wednesday said the nation’s most influential Web portal Naver was too dominant.“(Naver) seems to have too much of the market,” Choi said, saying that when companies go over the line, they should switch modes to focus mor...

Updated : 2013.05.15 20:31

Samsung, LG execs receive recognition on Invention Day

Samsung Electronics’ mobile chief Shin Jong-kyun was awarded the distinguished Gold Tower Order of Industrial Service Merit by the Korean Intellectual Property Office on Wednesday, which was national...

Updated : 2013.05.15 20:31

Korea to expand sales network for MVNOs

The government said Tuesday that it will allow so-called mobile virtual network operators (MVNOs) to sell their mobile phone services through the country’s state-run postal service provider starting from September, in a bid to help lower mobile rates and households’ communication bills.M...

Updated : 2013.05.15 20:30

Minister calls for lower communication costs

Minister of Science, ICT and Future Planning Choi Mun-kee on Wednesday called for lower communication costs for Korean households, saying that monthly prices of 120,000 won to 130,000 won are ideal.“...

Updated : 2013.05.15 20:29