Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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Medical reform committee kicks off despite boycott from doctors
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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DP leader says he will meet Yoon without conditions
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Over 9,000 hotline calls made by stalking victims in 2023
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[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
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Monthly users on local streaming platforms outpace Netflix, Disney+
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US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell
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GM Daewoo unveils all-new Chevrolet Aveo
GM Daewoo Auto & Technology, the Korean unit of U.S. carmaker General Motors Co., on Wednesday revealed its new small passenger car, the Chevrolet Aveo, in Korea.“The all-new Chevrolet Aveo is a fun to drive car with a confident attitude and a big heart,” said Mike Arcamone, president GM Daewoo.“Its bold exterior styling exudes attitude while its big heart is readily apparent with the most spaciou
Feb. 16, 2011
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LGE reveals next generation 3-D TVs
LG Electronics on Wednesday unveiled its first 3-D television using film-type patterned retarder panels that it claimed have effectively eliminated problems with the current 3-D technology. The Seoul-based electronics firm said in a press conference that the current shutter glass panels have serious limitations such as flickering and cross talk ― blurry ghosting images ― that viewers have persiste
Feb. 16, 2011
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Hyundai Heavy honored for excellent designs
Hyundai Heavy Industries won awards at the 2011 Design Award of the Federal Republic of Germany, the world’s largest shipbuilding firm said Wednesday.The winning products were two types of HiMSEN medium speed marine diesel engine and ship monitoring system ACONIS-DS (advanced control & integration system), the firm said.The HiMSEN engine is an environmentally friendly model which boasts higher out
Feb. 16, 2011
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Samsung, LG bet on solar energy devices
The country’s top electronics makers are attempting to make big investments in solar energy projects, designating them as a new future growth engine.At the EXPO Solar 2011 at the KINTEX in Gyeonggi Province on Tuesday, local electronics giants Samsung and LG Electronics both featured advanced solar modules which they claim are “highly efficient.”The event takes place as major firms have pledged ea
Feb. 16, 2011
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Kaspersky tips Android to dominate mobile
BARCELONA (AFP) ― Computer security expert Eugene Kaspersky predicted on Tuesday that Google’s Android smartphone operating system will come to dominate the market, reducing Apple and BlackBerry to niche players.Kaspersky, who founded the leading anti-virus firm Kaspersky Lab, said there is only “one company, one operating system which follows Microsoft’s strategy of the 1990s” when its Windows co
Feb. 16, 2011
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Dell quarterly net income more than doubles
SEATTLE (AP) ― Personal computer maker Dell Inc. said Tuesday its net income more than doubled in the most recent quarter to handily beat expectations, as businesses spent more on computers, servers and other technology.Dell also issued annual revenue guidance for the current fiscal year that beat Wall Street’s forecast. The results sent Dell’s shares soaring in extended trading after the report w
Feb. 16, 2011
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Buffett to visit Korea in March
Warren Buffett will visit South Korea in March to attend the groundbreaking ceremony for TaeguTec Ltd.’s second plant, which will double its production capacity.According to TaeguTec, a Daegu-based firm that specializes in producing tungsten and industrial cutting tools, Buffett will visit the company for the ceremony on March 21. Warren Buffett. BloombergAs he did during his first visit to Korea
Feb. 16, 2011
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Incheon Airport named world’s best for 6th year
Incheon Airport was selected the Best Airport Worldwide for the sixth consecutive year. (Yonhap News)Incheon International Airport was selected the Best Airport Worldwide in Airport Service Quality in 2010 for the sixth consecutive year, beating rivals Changyi Airport of Singapore and Hong Kong International Airport, The Ministry of Land, Transport and Maritime Affairs said Tuesday. It is the firs
Feb. 16, 2011
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Creditors to extend deadline for Daewoo Electronics sale
Creditors of Daewoo Electronics Corp. have decided to give two more months to Entekhab Industrial Group to help the Iranian electronics firm finance a deal to buy South Korea's third-largest electronics company, sources said Wednesday. Last November, state-run debt clearer Korea Asset Management Corp. (KAMCO) and other creditors sealed a deal to sell a combined97.5 percent stake in Daewoo Elec
Feb. 16, 2011
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Samsung updates bada mobile platform
BARCELONA, Spain (Yonhap) -- Samsung Electronics Co., the world's second-largest maker of mobile phones, said Wednesday that it has released the updated version of bada, the company's proprietary mobile operating system. Samsung added a multitasking feature and mobile payment technology called Near Field Communication (NFC) and voice recognition functions to the second generation of its mobile
Feb. 16, 2011
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S. Korean shipbuilders fall far behind Chinese rivals in Jan.
South Korea failed to regain its status as the world's leading shipbuilding nation in January as it lagged behind China in key indicators, data showed on Wednesday. According to London-based market researcher Clarkson Research, South Korean shipbuilders won a combined 356,398 compensated gross tons (CGTs) in new orders last month, while Chinese shipbuildersclinched a total of 1.07 million CTGs
Feb. 16, 2011
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Hyundai, Samsung seek alliance
Carmaker, electronics company nearing deal to develop ‘smart car’Hyundai Motor Co. and Samsung Electronics seek to collaborate in developing an automobile-smartphone link-up, sources said Tuesday. The largest automobile and electronics firms of Korea may sign a memorandum of understanding as early as next week, they said.The project will enable the built-in table computer on board Hyundai vehicles
Feb. 15, 2011
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Daum 2010 net nearly quadruples
Daum Communications Corp., the operator of Korea’s second-most visited search engine, said Tuesday that its earnings almost quadrupled last year from a year earlier on increased ad-based revenue.Net profit reached 112 billion won ($99.7 million) last year, compared with 31 billion won a year earlier, the company said in a regulatory filing.Sales soared 44 percent on-year to a record 346 billion wo
Feb. 15, 2011
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MS says to bring full power of Web to phones
Multitasking, speedy IE9 coming to windows phoneBARCELONA (AFP) ― Microsoft announced Monday an Internet-friendly revamp of its Windows Phone operating system to help capture new territory in the smartphone wars.Microsoft chief Steve Ballmer unveiled a series of improvements this year to Windows Phone, which got a major boost last week when it was adopted by leading handphone maker Nokia.The softw
Feb. 15, 2011
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EU ministers agree on larger bailout fund
Eurozone to put up $674b for post-2013 bailout fund, disagreement over debt crisisBRUSSELS (AP) ― European finance ministers decided Monday to provide 500 billion euros ($674 billion) for a new crisis fund that will come into force in 2013, but continued to fight over the best way to combat the current debt crisis that has crippled the eurozone over the past year.The ministers “agreed on the provi
Feb. 15, 2011
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Hyundai Heavy adds to SMEs R&D support
The world’s largest shipbuilder Hyundai Heavy Industries announced on Tuesday that it would set up a 30 billion won ($27 million) fund for supporting small and medium sized enterprises’ research and development efforts in collaboration with the Small and Medium Business Administration.The shipbuilder and the Small and Medium Business Administration will each be responsible for raising 15 billion w
Feb. 15, 2011
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Samsung to release low-end smartphone
Device will be priced below $150; company aims to sell 300m cell phones, 7.5m tablet PCs and 6m samrtphones this yearBARCELONA, Spain (Yonhap News) ― Samsung Electronics Co., the world’s No. 2 cell phone supplier, plans to release a cheaper smartphone in an effort to sharply boost its smartphone sales by meeting rising demand for lower-end phones, its mobile chief said Monday. “This year, we will
Feb. 15, 2011
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Apple developing smaller, cheaper iPhones: report
WASHINGTON (AFP) ― Apple is developing new lines of smaller and cheaper iPhones and overhauling its software to facilitate users’ access to entertainment, photos and video, The Wall Street Journal reported Sunday.The new device ― code-named “N97” ― will be about half the size of the iPhone 4 and cost about half as much as Apple’s main line of iPhones, the Journal said, citing a person who saw a pr
Feb. 14, 2011
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Korea Resources, Daewoo submit bid for Australian coal miner
Daewoo International Corp., the trading company controlled by Posco, and Korea Resources Corp. made an initial bid for Whitehaven Coal Ltd., an Australian producer with a market value of A$3.6 billion ($3.6 billion).State-run Korea Resources is leading the bid, Kim Beom-suk, a spokesman for Daewoo International said Monday by phone. The offer was confirmed by Kang Shin Young, a spokesman for Seoul
Feb. 14, 2011
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LG to help nurture bilingual specialists
LG Group said Monday that it would provide bilingual education to 400 children from multicultural backgrounds.In a joint effort with Hankuk University of Foreign Studies, the country’s fourth-largest conglomerate said that it would offer online bilingual education programs to 300 Chinese and 100 Vietnamese elementary school students this year.The group supported about 70 children from multicultura
Feb. 14, 2011