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Tue, May 22, 2018 | 01:29

Biz & Tech > IT >

Is crypto-craze past its peak?

The year 2017 was, to put it frankly, an unprecedented year for cryptocurrencies and their underlying blockchain technology. But the unexpected monetary heights of late 2017 have since retracted southward. This has led to various commentators arguing that “the bubble is about to burst.” However, this article will pinpoint five interesting opinion pieces that would suggest oth...

IT | 2018-05-21 18:05

Samsung, SK to invest W45 tril. in semiconductors

Samsung Electronics and SK hynixplan to invest up to 45 trillion won to enhance their semiconductor manufacturing facilities mostly in Korea, officials directly involved with the matter said Monday.

IT | 2018-05-21 15:07

Electric stoves more popular on fine dust pollution

In Korea, most consumers have filled their kitchens with gas ranges, or stoves, rather than electric-powered ranges due to electricity costs being quite high. However, more consumers are choosing electric stoves these days as they don't release harmful emissions such as carbon monoxide and they are easy to install and manage compared to gas ranges. Also, many consumers here b...

IT | 2018-05-20 17:56

LG leadership succession to cost $924 million

The transfer of managerial control of LG Group, one of South Korea's largest family-run conglomerates, from the late chief to his heir could result in roughly 1 trillion won ($924 million) worth of inheritance-related tax being paid, market watchers said Sunday.

IT | 2018-05-20 13:56

Koo Bon-moo's adopted son to become new LG chief

Following the death of the late LG Group Chairman Koo Bon-moo, his adopted son, Koo Kwang-mo, is set to take the helm of the family-controlled conglomerate in line with the conglomerate's long held tradition.

IT | 2018-05-20 13:46

Kakao to enhance synergy effect with Melon

Kakao, an operator of the nation's largest messaging app Kakao Talk, is seeking to take the lead in the music market by merging with Kakao M, the firm's entertainment affiliate operating music-streaming service Melon.

IT | 2018-05-18 18:38

SKT moving to expand in Japanese market

SK Telecom (SKT) is moving to expand its influence in the Japanese market, establishing its third overseas corporation in Tokyo, the firm said Friday.

IT | 2018-05-18 18:36

Beware: 'GandCrab' ransomware spreading

GandCrab, which first appeared in January overseas, sends a malicious URL through emails for a ransom note demanding a payment in cryptocurrency. Ransomware refers to malware that locks up files on a computer with encryption until the victims pay a certain amount of money to hackers.

IT | 2018-05-18 14:40

ICTK, Pax Datatech to develop next generation blockchain platform

Korea's Security R&D company ICTK Holdings (ICTK) will jointly develop a next-generation blockchain platform, called “colorchain,” with Pax Datatech, a Singapore-based firm, developing a color platform.

IT | 2018-05-17 16:33

Samsung integrates Bixby into home appliances

Amid the proliferation of the internet of things (IoT), Samsung Electronics said Thursday it will integrate its artificial intelligence (AI) voice assistant Bixby with home appliances.

IT | 2018-05-17 16:27

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Hawaii's Kilauea volcano goes 'ballistic'