LG SUPPORTS LOCAL COMMUNITY -- LG Foundations, a nonprofit organization run by LG Group, holds a groundbreaking ceremony of a day care center in Incheon on Thursday. The day care center to be opened early next year will be donated to the Seo-gu district in the city, and is in line with the conglomerate’s corporate social responsibility program to build energy-efficient, environmentally friendly day care facilities for local communities. LG　LG SUPPORTS LOCAL COMMUNITY — LG Group officials, lawmak

　Korean game developers are striving to increase their footholds in the global market in the face of fierce domestic competition. 　Netmarble Games, the No.1 mobile game firm by sales, which has so far released more than 100 mobile games, said it would make all-out efforts to win in the mobile game race.　“Cutthroat competition is inevitable in the world’s mobile game industry as major console and PC game developers, such as Sony, Disney and Blizzard, with big cash piles are tapping into the mobil

U.S. cloud-based big data solutions developer Treasure Data launched its services in the South Korean market Thursday.The California-based IT firm, established in 2011, chose to start businesses in Seoul to expand its presence in the Asian market, the company explained in a press release. The U.S. firm also runs a Tokyo office.  The logo of U.S. big data solutions firm Treasure Data. Treasure DataSome of the high-profile investors for the firm include Yahoo! cofounder Jerry Yang, Sierra Ventures

South Korea’s three largest mobile carriers -- SK Telecom, KT and LG Uplus -- will prove their technical prowess at the Mobile World Congress Shanghai 2015, a mobile trade show that kicked off in the Chinese city Wednesday.With aims to take the initiative for the next-generation 5G network industry, top executives of the mobile carriers also had planned to meet up with global partners for future collaboration during the three-day event. SKT, which has the largest subscriber base for its mobile s

China’s No. 1 mobile antivirus application developer 360 Security Group has been ramping up its marketing efforts in earnest in South Korea, which the company said would serve as a test for businesses in other Asian markets. The 360 Security Group launched the antivirus and memory boosting application, dubbed 360 Security, in 2013 and the mobile app has garnered worldwide popularity with the number of downloads on Google’s app market crossing 200 million, including 5 million in South Korea, so f

South Korean mobile carrier LG Uplus said Tuesday that it would beef up its partnership with Chinese telecommunications equipment manufacturer Huawei to develop technology for the next-generation 5G mobile network.The two signed a memorandum of understanding in a ceremony in China, at which Kim Sun-tae, executive vice president of LG Uplus’ service development division, and Yang Chao Bin, chief marketing officer of the Chinese firm, discussed the details of the future collaboration.  Kim Sun-tae

　Samsung Electronics plans to advance the release of the Galaxy Note 5 to August from September in an apparent move to boost its sagging mobile devices, sources said Monday. 　But it remains yet to be seen whether the global top tech giant‘s strategy will yield success, analysts said. 　The world’s largest smartphone maker had planned to unveil the latest Note 5 at the IFA electronics trade show in Germany in September. Samsung Electronics’ Galaxy Note 4 (Yonhap)　“Advancing the unveiling date may

　South Korean mobile carrier LG Uplus will present a glimpse into the future of information and communications technology during Mobile World Congress Shanghai 2015, a mobile trade show which is slated to kick off in the Chinese city on Wednesday.　Scheduled to deliver a keynote speech, themed “the Road to 5G,” at the trade show, LG Uplus chief executive Lee Sang-chul will explain the firm’s initiative, dubbed “Me-Centric,” to place focus on telecommunications services tailored for individual use

CASHBACK PROMOTION FOR PREMIUM TV -- LG Electronics holds a cashback event for its organic light emitting diode and ultra-high definition TVs through this month, in which consumers can receive up to 2 million won ($1,800) cash back. LGECASHBACK PROMOTION FOR PREMIUM TV -- LG Electronics holds a cashback event for its organic light emitting diode and ultra-high definition TVs through this month, in which consumers can receive up to 2 million won ($1,800) cash back. LGE

STAR WARS ON VIDEO ON DEMAND -- South Korea’s leading mobile carrier KT holds the “Star Wars Character Day” over the weekend at the Suwon Baseball Stadium in Suwon City to celebrate the launch of the video-on-demand service for the Star Wars series of films.　KTSTAR WARS ON VIDEO ON DEMAND -- South Korea’s leading mobile carrier KT holds the “Star Wars Character Day” over the weekend at the Suwon Baseball Stadium in Suwon City to celebrate the launch of the video-on-demand service for the Star Wa

KT’S NEW R&D CENTER – Mobile carrier KT’s chief executive Hwang Chang-gyu (second from right) joins top executives at the launch of the firm’s 5G R&D Center, which will serve as a test bed for 5G network technology, in Seoul, Thursday. KT KT’S NEW R&D CENTER – Mobile carrier KT’s chief executive Hwang Chang-gyu (second from right) joins top executives at the launch of the firm’s 5G R&D Center, which will serve as a test bed for 5G network technology, in Seoul, Thursday. KT

LG G4 BEAT LAUNCHED IN GLOBAL MARKETS -- South Korean tech giant LG Electronics said Thursday that it would release its mid-range smartphone, the G4 Beat, in global markets starting from Brazil to other nations in Europe and Asia this month. LGE LG G4 BEAT LAUNCHED IN GLOBAL MARKETS -- South Korean tech giant LG Electronics said Thursday that it would release its mid-range smartphone, the G4 Beat, in global markets starting from Brazil to other nations in Europe and Asia this month. LGE

South Korea achieved fast economic growth from the rubble of the Korean War in just around half a century to become one of the world’s economic and IT powerhouses.Behind such achievement were government-led projects and support measures for science and technology.The nation that has made such economic advancement through science and technology will be able to play a key role in promoting sustainable economic growth among developing and developed nations during the upcoming OECD Ministerial Meeti

South Korea’s leading chip maker SK hynix vowed to make all-out efforts to improve safety measures at its workplaces Wednesday, after a series of gas leak incidents that took workers’ lives. In line with the initiative, the world’s second largest DRAM maker after Samsung Electronics said it would increase spending for safety by 10 percent each year. SK hynix's chip plant in Cheongju, North Chungcheong Province (Yonhap)The company will invest 123 billion won ($108 million) to ensure safety at its

Samsung Electronics and LG Electronics clashed in a Seoul court Friday over the latter’s alleged vandalism of washing machines.The legal representatives for LG denied the allegations that its CEO Cho Seong-jin and two other company officials broke the doors of three Samsung washers. But Samsung reiterated its position that the LG officials damaged its washing machines at the SATURN Berlin Europa-Center and SATURN Berlin Steglitz in Germany during the IFA trade show in September last year.Samsung

South Korean display manufacturers Samsung Display and LG Display will likely be display suppliers for California-based Apple’s next-generation smart watch, according to news reports Thursday.LG Display has been a sole supplier of the organic light-emitting diode display fitted in the Apple Watch, which was released in April. But Apple, the maker of the iPhones, has reportedly decided to add Samsung Display as another vendor for the OLED parts. Apple Watch (Yonhap)Apple usually contracts two or

SAMSUNG SUHD TV -- Samsung Electronics rolls out its new SUHD TV lineup, JS7200, in Korea, Thursday. The new high-end TV lineup, which comes in at 50, 55 and 60 inches with the price starting from 2.59 million won ($2,300), will be gradually released in global markets from this month. Samsung SAMSUNG SUHD TV -- Samsung Electronics rolls out its new SUHD TV lineup, JS7200, in Korea, Thursday. The new high-end TV lineup, which comes in at 50, 55 and 60 inches with the price starting from 2.59 mill

RECORD SALES -- Korean tech giant LG Electronics said Thursday that the accumulative sales of its Bluetooth headset Tone had crossed the 10-million mark. The headset lineup first launched in 2010 is sold in 50 global markets and leads the U.S. Bluetooth headset market with its market share reaching more than 40 percent there.　LGE RECORD SALES -- Korean tech giant LG Electronics said Thursday that the accumulative sales of its Bluetooth headset Tone had crossed the 10-million mark. The headset li

Aiming to increase convenience for foreign visitors, South Korea’s leading mobile carrier KT has been offering rental services for smartphones and portable batteries.Among those is KT’s Wi-Fi router rental service for foreign visitors who want unlimited access to Wi-Fi networks during their stay.Travelers who visit the nation can pick up a Wi-Fi router, also called a Wi-Fi egg, from any of the olleh Roaming Centers at the airports in Incheon, Gimpo, Gimhae and Jeju, as well as Busan Port. The eg

Samsung SDI, the battery business arm of Samsung Group, said Wednesday that it had inked a supply deal of its lithium-ion batteries and battery management systems with Duke Energy, the largest electric power company in the U.S.The supply deal is the latest of SDI’s moves to increase its presence in the global storage system industry. SDI made deals with U.S. energy solution service provider GCN, Japanese capacitor maker Nichicon and electronics manufacturer Sharp during recent years to provide b