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Thu, September 21, 2017 | 03:21

Biz & Tech > IT >

[INTERVIEW] Garmin, Fitbit seeking breakthrough in fitness, sports

Despite doubts over the usability, wearable devices are expanding their ground in the global market. In particular, smartbands and smartwatches continue to replace conventional watches. According to market tracker Strategy Analytics, the scale of global market for smartwatches and fitness bands is $10 billion won a year and is expected to double in the next four years.

IT | 2017-09-20 19:25

Toshiba to sell chip unit to hynix consortium

Toshiba seems to have decided to sell its memory unit to a consortium led by Bain Capital and SK hynix, according to the Japanese media Wednesday. Its board of directors selected the Korea-U.S.-Japan consortium as the bidder for the memory chip business of the debt-ridden Toshiba, Japanese news outlets reported.

IT | 2017-09-20 16:33

ITU Telecom World 2017: exploring smart digital transformation

Artificial intelligence (AI) can crunch the numbers on inconceivably large volumes of data, predicting trends, mitigating problems, driving a revolution in socio-economic development. Smart machines can learn, understand, develop and, in many areas, out-perform humans. But what will be the impact on our jobs, our economies and our societies? Do we need an international code of AI ethics now, before it is too late?

IT | 2017-09-19 18:41

LG building mobile identity with V30

With the arrival of the flagship V30 smartphone, LG Electronics looks to shape its own mobile identity with the focus on user-friendliness. The first impression on the device was the company tried its best to build its overall handset brand image encompassing both the flagship G and V series. This is because the V30 reminds users of the G6, unveiled this February, in design a...

IT | 2017-09-19 17:02

Chip, display companies to invest W52 tril. by 2024

The nation’s chip and panel makers, led by Samsung Electronics, SK hynix and LG Display, will invest a combined 52 trillion won ($46 billion) to build factories and help create jobs over the next seven years. The massive investment plan came Monday when Minister of Trade, Industry and Energy Paik Un-kyu held a meeting with Kwon Oh-hyun, vice chairman and CEO of Samsung Electr...

IT | 2017-09-18 18:25

Samsung SDI share hits record high

The stock price of Samsung SDI is setting records on expectations for its recovering battery business. The battery affiliate of Samsung Group closed at an all-time high of 220,500 won ($195.65) on Monday, up 6,000 won or 2.8 percent from the previous trading day. The improved valuation is noteworthy as it comes only a year after the company suffered a high-profile crisis following the Galaxy Note 7 recall over its battery faults. Shares of Samsung SDI reached last year’s record low of 89,300 won on Oct. 26 in the aftermath of the unprecedented handset recall. Last year, the company reported ...

IT | 2017-09-18 17:18

Samsung releases Note 8 with high hopes

Samsung Electronics’ latest flagship smartphone is scheduled to arrive in the lucrative Chinese market ahead of its biggest rival _ the anniversary iPhone. The Korean tech powerhouse said Sunday that the Galaxy Note 8 will go on sale in China later this month. Holding a launch event for the premium phone in Beijing last week, the world’s largest smartphone maker announced its...

IT | 2017-09-17 15:52

Samsung's quarterly profit likely to reach new high

Samsung Electronics is forecast to post another record operating profit in the third quarter of the year amid a continued chip boom, according to local brokerages, Sunday. Projections are beating earlier marketing expectations that the Korean tech giant is likely to see its figure go down in the July-to-September period after hitting an all-time high of 14.07 trillion won ($1...

IT | 2017-09-17 15:49

KT provides high-speed internet to US

KT has started supplying its key internet technology to Boston, the Seoul-based company said, Sunday. The service, named “GiGA Wire” using copper lines instead of fiber-optic cables, allows internet speeds of up to 1 gigabit per second (Gbps) that is 10 times faster than before. KT and Boston held a launch ceremony in the U.S. city, Friday (local time), which Chairman Hwang C...

IT | 2017-09-17 15:39

Galaxy Note 8 hits shelves

Samsung Electronics launched its new large-screen smartphone Galaxy Note 8 on the Korean market, Friday. Mobile carriers also activated the new handsets for subscribers who had preordered the new handset early Friday morning. Those who haven’t preordered a Note 8 can buy one starting Sept. 21. Samsung said about 850,000 Note 8s have been sold through online and offline preord...

IT | 2017-09-15 17:46

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