LAS VEGAS ― Netflix, the world’s largest video-streaming service with over 70 million subscribers, on Wednesday announced it was launching its service globally, bringing its Internet TV network to more than 130 new countries, including Korea. The announcement was made by the company’s cofounder and CEO Reed Hastings during his keynote speech at the Consumer Electronics Show in Las Vegas.  Netflix said Wednesday it would launch its streaming services in more than 130 new countries, including Kore

Standardization is one of the biggest hurdles in connecting smart objects -- well-known as the Internet of Things (IoT) -- as different device- and sensor-makers adopt disparate protocols and technologies in a bid to take the initiative in this field. However, such incongruous moves have often hampered the compatibility between different objects.Mobile SK Telecom sought to address this issue by successfully demonstrating its technology that enables devices with two different IoT standards -- one

LAS VEGAS -- LG Electronics on Wednesday vowed to triple its organic light-emitting diode TV sales this year, pinning hopes especially on the lucrative U.S. market for growth. “Last year, we couldn’t meet consumer demand due to production constraints. Considering the increasing demand, we could more than triple the sales this year,” LG’s TV chief Kwon Bong-suk said at the Consumer Electronics Show in Las Vegas.  LG’s home entertainment division president Kwon Bong-suk speaks during a press confe

KT AIMS TO BOLSTER GLOBAL PARTNERSHIP -- KT chairman Hwang Chang-gyu (center) paid a visit to the exhibit booth of Kia Motors at the International CES trade show in Las Vegas on Wednesday. He also had meetings with top executives of global tech firms including Samsung Electronics, LG Electronics and Qualcomm to discuss the latest trends of the tech sector and future partnerships. (KT)

K-POP STAR TO PROMOTE HUAWEI PHONE -- LG Uplus said Thursday that Tzuyu, a member of K-pop girl group Twice, would be modeling for Huawei’s entry-level smartphone Y6. The Huawei smartphone, which will be launched via the Korean mobile carrier, enables users to make standard mobile calls as well as mobile Voice-over-IP calls. (LG Uplus)K-POP STAR TO PROMOTE HUAWEI PHONE -- LG Uplus said Thursday that Tzuyu, a member of K-pop girl group Twice, would be modeling for Huawei’s entry-level smartphone

LG PUSHES FOR OLED TV -- LG Electronics joined hands with global tech firms including Dolby, Amazon and Google to introduce its organic light-emitting diode TVs equipped with high dynamic range technology that improves contrast at the International CES trade show. (LGE) LG PUSHES FOR OLED TV -- LG Electronics joined hands with global tech firms including Dolby, Amazon and Google to introduce its organic light-emitting diode TVs equipped with high dynamic range technology that improves contrast a

SAMSUNG UNVEILS MODULAR TV -- Samsung Electronics showcases the world’s first transformable 170-inch ultra-high definition TV, consisting of eight separate panels with no frame, at the International CES trade show, in Las Vegas on Wednesday. The modular TV can change its aspect ratio from 16:9 to 21:9, or vice versa, with rearrangement of the panels. (Samsung)SAMSUNG UNVEILS MODULAR TV -- Samsung Electronics showcases the world’s first transformable 170-inch ultra-high definition TV, consisting

LAS VEGAS ― Facing ever-fiercer competition in the global home appliance market, LG Electronics is trying to set itself apart by putting a priority on “premium.”At this year’s International CES electronics trade show in Las Vegas, the Seoul-headquartered electronics firm unveiled a new premium lineup, dubbed the LG Signature, in line with its efforts to appeal to consumers with high-end tastes. LG Electronics chief technology officer Ahn Seung-kwon gives a presentation for the LG Signature produ

SAMSUNG C&T BOASTS WEARABLE TECH -- Samsung C&T, Samsung Group‘s construction and fashion unit, showcases smart clothes and fashion accessories, including an NFC-enabled smart suit and a clutch bag equipped with a solar charger at the International CES in Las Vegas through Saturday.　(Samsung C&T) SAMSUNG C&T BOASTS WEARABLE TECH -- Samsung C&T, Samsung Group‘s construction and fashion unit, showcases smart clothes and fashion accessories, including an NFC-enabled smart suit and a clutch bag equi

LAS VEGAS -- Even with all the buzz about driverless cars and the Internet of Things, the annual International Consumer Electronics Show can never be complete without fancier TVs. Samsung Electronics, the world’s largest TV-maker, unveiled Monday its new high-end UHD TVs before their official debuts at the CES trade show that runs from Wednesday through Friday in the U.S. city of Las Vegas. Samsung’s TV chief Kim Hyun-seok speaks at a media preview event for the company’s 2016 quantum-dot UHD TV

LGD SHOWS OFF FUTURISTIC DISPLAYS AT CES -- LG Display unveils on Monday state-of-the-art display technologies including a rollable organic light-emitting display, which will be on display at the International CES from Wednesday through Saturday in Las Vegas. (LGD)

The Ministry of Science, ICT and Future Planning said Sunday that it would set aside 3.94 trillion won ($3.35 billion) to fund research and development projects for science, technology and information and communications technology in 2016.The fund is part of the ministry’s initiative, dubbed the comprehensive execution plan, aimed at speeding up innovation in the nation’s science and ICT sectors and creating new growth engines for the economy.  Choi Yang-hee, Minister of Science, ICT and Future

The Islamic State group has claimed responsibility for a shooting at an ancient citadel in Russia's volatile North Caucasus region of Dagestan that killed one and injured 11, the SITE Intelligence Group said."With the help of Allah, the warriors of the Khalifate were able to attack a group of Russian special service officers in the city of Derbent in southern Dagestan, killing one officer and injuring the others," the jihadist monitoring organisation SITE quoted IS as saying on Wednesday.The dea

South Korea and China set up a hotline between their top defense officials Thursday to reinforce their cooperation on security issues on the Korean Peninsula and in the region.Defense Minister Han Min-koo had his first telephone conversation with his Chinese counterpart Chang Wanquan earlier in the day on the newly established hotline, the Ministry of National Defense said in a press release."During today's phone call, the two defense ministers shared their understanding of the need to expand de

KakaoTalk and Line, the nation’s top two mobile messengers, have been pitted against each other to take the lead in the $20 billion Asian character merchandising market.The two mobile messengers operate their own off-line retail stores, dubbed the Kakao Friends Shop and Line Friends Store, respectively, selling products ranging from dolls and smartphone battery chargers to clothes and jewelry emblazoned with characters and emoticons on the mobile messenger platforms. Line Friends Store in Myeong

After releasing an eye-catching gadget that transforms home appliances into connected products earlier this year, LG Electronics on Wednesday unveiled a new device that serves as a gateway to those smart products.Dubbed the SmartThinQ Hub, the device shows the statuses of connected devices either on its display placed on the top of the cylindrical body or via users’ smartphones. A models poses with SmartThinQ Hub, a cylinder-shaped gadget that collects the data of smart home appliances and shows

Despite the influx of Chinese tourists, small shops and restaurants in Korea often fail to cater services to travelers due mainly to budget constraints. Below-par services have disappointed many Chinese visitors, curbing their plans to visit the country again.Born and raised on the southern resort island of Jejudo, Lee Min-seok, cofounder and general director of mobile travel application start-up TNDN, wanted to break what he called an “endless vicious circle” in the Korean tourism industry. Lee

Korea’s third-largest electronics-maker Dongbu Daewoo Electronics said Tuesday that it had named Park Kwang-ho as the new chief executive of its subsidiary and after-sales service company Dongbu Daewoo Electronics Service.The incoming CEO served as the president of pesticide and fertilizer business Dongbu Farm Hannong in 2014 and led express bus operator Dongbu Express as president in 2013. Park Kwang-ho (Dongbu Daewoo Electronics Service)The CEO, who holds a bachelor’s degree in Economics from

LG Electronics has recently made strides in the vacuum cleaner business by successfully developing a next-generation motor for the cleaning device, which the firm said was more powerful and energy efficient than those of Dyson, the world’s top vacuum cleaner-maker.The latest motor, dubbed the BrushLess Direct Current motor, is the successor of the smart invertor motor installed in the firm’s cordless vacuum cleaner lineup Cord Zero, which was released earlier this year. The latest vacuum cleaner

S-OIL DONATES TO CHARITY FUND — S-Oil CEO Nasser al-Mahasher (left) delivers $2 billion won ($1.71 million) in donations to the Community Chest of Korea, a local charity organization, last week as part of its year-end efforts to help underprivileged citizens across the country. (S-Oil)