Samsung Electronics and ARM, a mobile application processor designer, fine-tuned their plan to equip the upcoming Galaxy S5 smartphone with a 64-bit processor, sources said on Tuesday. “Executives from Samsung and ARM had a meeting today. They discussed the ARM 64-bit chip, which is expected to be used in Samsung’s smartphone next year,” said a senior manager from the U.K.-based firm.He added that “Cortex-M processors, which are used for products in the smart home system, might have been on the

The exact cause of the weekend crash of an LG-owned helicopter into an apartment building in Seoul is still unknown, but criticism is mounting against the firm for operating the chopper in poor weather conditions. The bone of contention is whether LG Electronics had forced the pilots to make the pick-up at Jamsil, or they made the decision on their own. In either case, however, LG will not be able to avoid criticism that it had chosen convenience over safety, industry watchers said. The U.S.-mad

The head of a promising U.S. wearable device start-up said the most important factor in the era of wearable smart gadgets is user experience, not the integration of all the functions available on a smartphone. “It has to not only do what it’s designed to do really well, but it can’t make your life harder in any other way,” Aaron Grant, cofounder of Waterloo, Canada-based Thalmic Labs, a developer of motion control armband Myo, told The Korea Herald. “With some home automation smartphone apps, fo

Samsung Electronics, the world’s largest electronics firm, denied news reports Thursday that it was poised to enter the 3-D printer market. “It is false information that Samsung has received any sample 3-D printer from a partner, and we have absolutely no plans to enter the 3-D printer business,” a Samsung official said. Some Korean news outlets reported that the Korean tech firm was planning to bring out a 3-D printer made by another manufacturer but with the Samsung name attached.Money Today s

Sony unveiled on Tuesday a laptop-tablet hybrid computer in the hopes of becoming a trend setter in the Korean market. “The VAIO Fit multi-flip PC will become the new standard for premium laptop manufacturers, and we will allow customers to experience a whole new computing environment,” Sony Korea CEO Kenji Sakai said at an unveiling event in Seoul. Featuring a hinge in the middle of the back cover, which enables the screen to flip over, the latest product switches between laptop, tablet and vie

KT, the nation’s second-largest mobile carrier, said on Tuesday that its board of directors had accepted CEO Lee Suk-chae’s letter of resignation. In his statement, Lee said, “I would like to express my gratitude to the directors present here today for the meeting, and executives and officials who have made relentless efforts in a harsh environment for the firm. I also want to thank the customers and shareholders who have given love and care to KT.” Pyo Hyun-myung, president of KT’s telecommunic

Lee Seung-han, head of the U.N. Global Compact Korea, urged private companies to step up their corporate social responsibility activities. At the Global CSR Conference 2013 on Tuesday, Lee, who is also chairman of retail giant Homeplus, said, “Companies should incorporate CSR activities into their management strategies to promote sustainable development.”The UNGC is a framework committed to dealing with negative effects of economic activities including those related to human rights, labor, envir

Samsung Electronics will push for more mergers and acquisitions and increase its presence in health care and smart car industries for future growth, top executives said on Wednesday.The world tech giant held Samsung Analyst Day 2013 to share its future mid- and long-term strategies with around 400 investors, analysts and officials from the IT industry -- the first forum of its kind in eight years.“Convergence (among technologies in different industries) is occurring right now, but not enough. We

Competition to dominate the homescreens of smartphones is heating up as new Android interface-based customized services emerge in the market.Market analysts forecast that those who dominate smartphones’ homescreens will be able to jockey for position in the mobile era. Jay Seo, CEO of Buzzpia, hopes to get everyone around the world talking about the launcher developed by his firm, Buzz Launcher.“The first target market will be the United States. Success in the nation is especially important sinc

Dongbu Daewoo Electronics Corp. has opened its 100th store in China, having first entered the market in July, company officials said Monday.At the opening ceremony for the store held in the city of Hangzhou on Saturday, the Korean electronics firm also unveiled new home appliances including the Classe Cube, a three-door refrigerator with space to store tea leaves, which has been specifically designed for Chinese consumers. Around 200 officials from the Chinese electronics industry participated i

Lee Suk-chae, chairman of Korea’s second-largest mobile carrier, KT Corp., on Sunday expressed his intention to step down from his post on the company’s board of directors. Lee reportedly sent an email to employees of the mobile company that said, “I have made the decision to step down as I don’t want to watch my workers suffer from allegations and prosecutorial investigations anymore.”He also said that, “I will make an effort to help my successor lead the company well by completing all remainin

The Ministry of Science, ICT and Future Planning said Sunday that it had picked Lee Chae-sub as its candidate for the chairman of the telecommunications standardization division at the International Telecommunication Union, the U.N. agency for information and communication technologies. Lee is currently working as a researcher at Korea Advanced Institute of Science and Technology’s IT Convergence research center and has been the chairman of ITU-T SG13 since 2009. The SG13 is a study group under

Samsung Electronics said Thursday that it has released its latest tablet Galaxy Note 10.1 2014 edition in Korea.The new Galaxy Note goes on sale from Friday through the nation’s three major mobile carriers SK Telecom, KT and LG Uplus, the world’s largest mobile device maker said.The tablet, boasting a 10.1-inch, 2,560 x 1,600 resolution liquid crystal display, comes with a 2.3 GHz quad-core processor for the LTE model, and a 1.9 GHz octa-core for the Wi-Fi model.Both models run on the Android Je

LG CNS, a local leading IT service firm, said Wednesday that it would beef up collaboration with top IT solutions firms to increase its presence in the global big-data industry. As part of its efforts, the Seoul-based firm signed a memorandum of understanding with MapR Technologies, a leading U.S. Hadoop-based solution and platform developer, on Monday in New York, company officials said. Under the deal, the two solutions firms promised to cooperate on developing big-data solutions and related p

I would like to thank the judges of the 2013 Korea Herald Advertising Award and officials from The Korea Herald for this honorable award. The advertisement for which LG Chem earned the award started from a question for the future direction of the leading chemical firm in Korea, and for what kind of value the entire chemical industry has.Despite its importance, as it is the foundation of almost all industries, the chemical industry had difficulty in interacting with end users.LG Chem tried to ove

Our company aims to become the No. 1 electronics maker by 2015 with its G project, one of LG’s ambitious business initiatives. Through the project LG will achieve technological advancement in a variety of categories in businesses such as storage capacity, smartphone technology and design. The first G-labeled products including the air conditioner that features a voice recognition function for the first time in the world, a double-door fridge with the world’s biggest storage capacity, the largest

Samsung Group celebrated the 20th anniversary of the company‘s “New Management Initiative” with a dinner at Shilla Hotel on Monday.In 1993, Samsung Electronics chairman Lee Kun-hee proclaimed the initiative during a tour to European cities including Frankfurt in Germany, calling for the complete reform of Samsung and its employees to become a truly global brand. Around 350 executives of Samsung’s subsidiaries and partners participated in Monday’s event, where Lee discussed the future direction o

LG CNS, an affiliate of LG Group, has become mired in a licensing dispute with Microsoft. The conflict between the two sides began when Microsoft took issue with its operating system Windows being used on a subway train information system developed by the Korean firm. The Korean ICT firm, which developed an integrated computer system with several subsystems, supplied the end product using Windows to its business partner EPP, an advertisement company, in 2007. The ad firm installed the system at

LG Electronics is developing digital devices running Google’s Chrome operating system in a move to reinforce its cooperative relations with the world’s largest Internet giant. The Korean company applied on Oct. 4 for patent registration for three Chrome-based devices ― Chromedesk, Chromeone and Chromestation ― according to the Korean Intellectual Property Rights Information Service on Wednesday. The electronics giant firm also applied for the trademarks under the same names in several other coun

The growth pace of the domestic smartphone market is slowing dramatically this year, an apparent blow to both telecommunication operators and handset makers. The average on-quarter increase of new smartphone subscriptions until August marked 13.5 million, down from 25.4 million last year, according to the Ministry of Science, ICT and Future Planning and telecom industries.During July and August, the number of new smartphone subscribers stood at 760,000, and is expected to be around 1 million dur