LG OLED TV REIGNS SUPREME -- South Korean tech giant LG Electronics’ organic light-emitting diode TV has recently won top prizes at two of the most prestigious awards events in the global TV industry — the Value Electronics TV Shootout in the U.S. and the Plus X Award in Europe. Tim Alessi (left), director of LG’s new product development, poses with Value Electronics chief Robert Zohn at the annual Value Electronics TV Shootout event held last week in the U.S. LG Electronics

NURTURING STUDENT START-UP -- LG Group said Monday that it would work with Chungbuk National University to run entrepreneurship programs to incubate future start-ups. The conglomerate also opened the “Idea Factory,” where aspiring entrepreneurs can utilize equipment including 3-D printers to prototype at the university. LG

SEJONG ― SK Group, the third-largest conglomerate in South Korea, opened a start-up incubator for agriculture in Sejong City, Tuesday, with a particular focus on using smart technology in farming.In line with the Korean government’s flagship creative economy policy, conglomerates have been collaborating with the Ministry of Science, ICT and Future Planning to set up innovation centers across the nation. The Sejong center is the 14th of its kind.SK Group has operated another center in Daejeon sin

BRING CINEMA EXPERIENCE HOME — South Korea’s leading mobile carrier SK Telecom rolls out a new pico projector, UO Smart Beam 2 on Monday. The portable device featuring 80 lumens of brightness can display an image size of up to 110 inches from a distance of 3 meters. SKTBRING CINEMA EXPERIENCE HOME — South Korea’s leading mobile carrier SK Telecom rolls out a new pico projector, UO Smart Beam 2 on Monday. The portable device featuring 80 lumens of brightness can display an image size of up to 110

WATCH VIDEO CONTENT ON SINGLE PLATFORM -- LG Uplus chief executive Lee Sang-chul (right) and singer BoA pose at a launch ceremony of the mobile carrier’s mobile video portal service running on the Long Term Evolution networks. LG Uplus subscribers can watch live TV shows, movies, videos on demand and user-created content on their smartphones via the portal.  LG Uplus

　Boasting advanced camera technologies, LG Electronics’ G4 smartphone has been garnering positive market responses since its launch in April in South Korea.　One of those head-turning camera technologies is the F1.8 aperture lens, which the company says enables users to catch memorable moments in low light conditions.LG Electronics‘ G4 smartphone.　(LGE)　The lower aperture level means that the camera allows more light through and that users can snap photos in lower levels of light.　Theoretically,

The world’s leading battery maker LG Chem said Sunday it has developed a hexagonal battery, which the firm said would give more leeway for device makers in designing smartwatches.The world’s first hexagonal battery boasting 25 percent more energy efficiency than a conventional rectangular battery can increase the battery life of a smart watch by up to 4 hours, according to the Seoul-based battery manufacturer.An LG Chem staffer poses with the firm‘s hexagonal battery. LG ChemThe battery business

Samsung Electronics said Sunday that it had topped a consumer satisfaction index survey in the U.S. for the second consecutive year.In the survey, conducted by U.S. market researcher J.D. Power, the Seoul-based tech giant topped the list by scoring 871 points out of 1,000 in the category of 50-inch TVs or larger, and 856 in the category of TVs smaller than 50 inches.Samsung, aiming to hold its lead in the U.S. large screen TV industry, expected that the results of the report would lead to robust

The Korean Standards Association, a public organization in charge of establishing industrial standardization, ranked social commerce website WeMakePrice as the top Korean social commerce platform in its annual KS-SQI survey, a service quality index, Thursday.  WeMakePrice CEO Park Eun-sangThe KS-SQI index survey was conducted with residents of five major cities, including Seoul, who use the services of the surveyed firms. WeMakePrice earned 67.2 points, beating its rivals Coupang, which received

South Korea’s largest Web portal operator Naver launched a new online payment service Naver Pay on Thursday, which the company said would become a “game changer” in the domestic online payment industry.Similar to other online and mobile payment services already out in the market -- such as Kakao Pay run by Web portal and mobile messenger firm Daum Kakao -- users have to register data of their credit cards or bank accounts on Naver Pay once, and then they can pay for their purchases through a sim

South Korea’s leading mobile carrier KT won an award at the 11th LTE World Summit, an annual conference for the Long-Term Evolution technology, Wednesday in Amsterdam, Netherlands.The mobile carrier earned the LTE Award for “Most Significant Development of a Commercial LTE Network,” which recognizes innovative LTE technologies of network operators.captionPark Jae-yoon (center), senior vice president of KT’s network technology unit, and KT officials celebrate winning the LTE Award during the 11th

Samsung C&T dismissed as untrue reports that its co-CEOs planned to visit the Institutional Shareholder Services, an investment advisory service, to further explain about the legitimacy of its planned merger with Cheil Industries.A high-ranking Samsung C&T official was quoted by a Korean news outlet as saying, “The chief executives and top executives of C&T and Cheil Industries have no plan to visit the ISS.”It had been reported that Choi Chi-hoon and Kim Shin, co-CEOs of the construction and tr

Ending years of dispute, LG Electronics and U.S. conservation groups agreed Tuesday to lower the height of the Korean tech giant’s planned North American headquarters in New Jersey.The original plan for LG’s headquarters in the U.S. state included a 143-foot-tall building, which conservationists argued would obstruct the views of the New Jersey Palisades, a series of cliffs stretching along the Hudson River. LG, the world’s second-largest TV-maker, said the building would consist of a five-story

PREPPING FOR SUMMER -- Samsung Electronics service engineers install an outdoor unit of the firm’s Q9000 air conditioner at an apartment in Seoul on Wednesday. Samsung

SONY SUMMER PROMOTION -- Sony Korea announced Tuesday a summer promotion through August in which the company will dole out gifts to buyers of the firm’s action camera lineups -- FDR-X1000V, HDR-AS200V and HDR-AZ1. The gifts during the event include extra batteries, SD cards and waterproof cases. Sony Korea

Staffers from SK Telecom and Ericsson demonstrate next-generation small cell technology that reduces network interference between base stations in Stockholm, Tuesday. (SKT)South Korea’s leading mobile carrier SK Telecom and network equipment maker Ericsson gave a demonstration of an advanced small cell technology with super-low latency in Stockholm, Tuesday. The small cell base stations enable network operators to increase coverage more efficiently compared to macrocell base stations -- widely u

SMARTPHONE FILM FESTIVAL -- South Korea’s top telecommunications firm KT has started accepting submissions for the 5th olleh International Smartphone Film Festival, an annual event for films shot with smartphones, from July 1-Aug. 17. The film festival, the biggest of its kind in the world, is slated to kick off on Sept. 9. KT SMARTPHONE FILM FESTIVAL -- Movie director Lee Joon-ik (left) and actress Bae Doo-na, both of whom will be on a judging panel for the fifth olleh International Smartphone

South Korean tech giant LG Electronics is ratcheting up its marketing efforts to foster its organic light emitting diode TV business with an aim to outpace rivals including Samsung Electronics in the world’s premium TV market.In line with this strategy, LG announced Tuesday that it would join hands with California-based Google to promote LG’s premium OLED TVs.“(Through the joint promotion) LG will have potential consumers experience the superb picture quality and true values of LG’s OLED TVs and

SUMMER PROMOTION -- South Korea’s leading mobile carrier KT said Monday it would start a summerlong membership event through which subscribers can receive up to 30 percent off their purchases at partner restaurants, convenient stores, movie theaters and theme parks. (KT)

Seoul-based restaurant recommendation service MangoPlate said Monday it has secured 6.7 billion won ($6 million) in funding from a group of global investors led by Qualcomm Ventures, the investment arm of chipmaker Qualcomm.The consortium also includes Softbank Ventures Korea, and YJ Capital, the venture investment unit of Yahoo Japan.The staff of restaurant recommendation service MangoPlate (MangoPlate)With the latest investment, the total amount of funding received by MangoPlate so far has exc