SK Telecom, Korea’s biggest mobile carrier, has successfully tested a new technology for the development of its Long Term Evolution-Advanced, the next generation of 4G LTE.The company said Thursday that it has collaboratively demonstrated the enhanced Inter-Cell Interference Coordination, or eICIC, alongside global communication chip maker Qualcomm and telecommunication equipment maker Nokia Siemens Networks.EICIC, which helps to reduce interference between different layers of long-range and sho

LG Electronics further eyes solar projects for growthLG Electronics said that it has won a large order to supply its solar modules in a solar plant project in Yeonggwang, South Jeolla Province.Korea’s second-largest consumer electronics company joined a consortium led by its affiliate LG CNS, a system integrator, and won a bid launched by Korea Hydro & Nuclear Power to construct a 10.9-megawatt solar power plant. LG CNS will oversee the construction of the plant, which is planned to be completed

Company vows to further strengthen its cloud and big data businessSK Telecom, Korea’s largest mobile carrier, has opened the first center in the country for monitoring cloud computing data and protection systems for enterprises.The company said Wednesday that it has established the cloud monitoring center within its Cloud Data Center in Ilsan, Gyeonggi Province, where it will run 24 hours a day throughout the year.The establishment of the center comes after SK Telecom launched the T Cloud Biz se

CTO says SoftBank, Nexon-backed FXGear prefers IPO to takeoverIt is rare in Korea to see a special effects technician with a Ph.D. such as Choi Kwang-jin working on movies or animations.The chief technology officer of FXGear, a Korean visual effects software firm, is the exception in an industry generally seen as beneath those with higher degrees.But the situation is different in the United States. Studios such as Industrial Light & Magic, a special effects house founded by Star Wars producer Ge

SK Telecom, Korea’s largest mobile carrier, has put in place a personal data protection system for consumers subscribing to the company’s mobile network services.The system will be used at some 2,200 nationwide retail stores certified by SK Telecom where customers can sign up for its services or purchase new mobile phones without filling out paper forms.They also can use its security system to request product information or consultation via tablet PCs such as Apple’s iPads or Samsung Electronics

Samsung Electronics, the world’s biggest memory chip manufacturer, has developed the industry’s first 30 nanometer-class Double Data Rate 4 DRAM module.The memory chip module, used for enterprise servers and controller solutions, can transfer data at a rate of nearly 3.2 gigabits per second, the company said.The new DDR4 module can not only process data faster, but is also 40 percent more energy-efficient compared with its previously developed DDR3 DRAM module with speeds of 1.6 gigabits per sec

Pantech plans to release its new smartphones next week in a bid to sway consumers from Samsung Electronics’ Galaxy S3, which has been grabbing most of the spotlight in the global mobile markets.Using its trademark “Vega,” the smallest of Korea’s three mobile phone developers will introduce Vega S5 with 5-inch or hand-size display, allowing consumers to easily control the phone with just one hand instead of two.The letter “S” in Vega S5 refers to screen, style, strong, speed and special care, whi

SK Telecom has formed strategic marketing ties with Kia Motors for customers of both companies to enjoy greater cross-benefits.Korea’s biggest mobile carrier said that the partnership includes offering 4G Long Term Evolution smartphone users to receive a discount for the purchase and maintenance of Kia automobiles.For instance, SK Telecom’s LTE customers can get a discount of up to 200,000 won when buying a car from Korea’s second-largest automaker, the telecom company said.Both companies will i

Kwon Oh-hyun, vice chairman and CEO of Samsung Electronics, will head Samsung Display as the chief executive of the world’s largest display panel manufacturer.Officially launched on Monday, Samsung Display has been formed through mergers of Samsung Electronics’ LCD business division, Samsung Mobile Display and S-LCD. S-LCD was a joint venture between Samsung Electronics and Sony. Sony exited the joint venture last year. Samsung Mobile Display produces OLED panels for mobile devices.The newly est

DSM, a global producer of fibers, has introduced a new, stronger fiber used for the production of mooring ropes for deep-sea oil and gas exploration and production.The fiber, DM 20, is a lot smaller in diameter than polyester, has high fatigue resistance and is weightless in water, the company said in a press release.With strength, stiffness and durability, DM 20 can ensure that mooring ropes have “maximum strength over a maximum lifetime, as well as faster handling and improved safety,” the com

SK Telecom, Korea’s biggest mobile carrier, said Sunday that it has officially launched its new multicarrier service as of midnight, July 1.This marks the first time for a telecom company anywhere to offer such a service, which uses two frequencies of 800 MHz and 1.8 GHz for Long Term Evolution smartphones.It allows 4G consumers to experience less mobile traffic in locations such as Gangnam in southern Seoul where people using mobile devices are densely populated.The telecom giant launched a tes

But technology giant will still fall short of market expectations, analysts saySamsung Electronics, the world’s largest smartphone maker, is likely to have reached record-high earnings in the second quarter of this year.But the company is expected to deliver results below market expectations, with many analysts lowering their initial forecast due to the eurozone crisis and continued slowdown in the semiconductor sector.The general consensus among analysts indicated that the tech manufacturing gi

LG Display, Korea’s display manufacturing giant, said Thursday that it has expanded partnerships with its five suppliers to further share profit and technical know-how in line with the country’s move to promote shared growth.The five subcontractors LG Display has sought to boost benefit-sharing with are Exax, a chemical and electronics materials maker; Heesung Metal, a metal and materials company; Glonix, a display glass materials maker; Dong Yang Industrial, a plastic materials maker; and Oh Su

SK Telecom, Korea’s largest mobile carrier, won recognition at a ceremony held in London Wednesday for having and commercializing femtocell technology and services.At the Small Cell Industry Awards hosted by the Small Cell Forum, SK Telecom received an innovative award for its femtocell, which allows mobile phone users to remain connected in small and limited spaces via broadband networks.SK Telecom’s partners Contela, a Korean wireless solution firm, and Mindspeed Technologies, a U.S.-based sem

Organic light-emitting diode television, the next emerging display technology following liquid crystal display TVs, will soon replace plasma display panels and traditional cathode ray tube TVs in people’s living rooms, according to DisplaySearch.The global OLED TV market is forecast to grow 10-fold annually by 2014, and reach over 10 million sets in terms of annual sales by 2016, the global display research firm said.With Samsung Electronics and LG Electronics, two leading global TV giants, expe

KT has launched a new information and technology service targeting the industrial automotive industry.Korea’s second-largest mobile carrier said the new service, named “Smart Eco Drive,” is integrated with vehicle telematics applications and offers drivers real-time monitoring and analysis on the condition of their automobiles. Telematics is the combining of telecommunications and information technology, but commonly refers to automation in vehicles. Data including speed, driving time and locati

KT and the Wireless Broadband Alliance will be holding a conference called Wi-Fi Global Congress from June 26 to 28 in Seoul.KT, Korea’s second largest mobile carrier, said Tuesday that as the host of the international event, the company and some 80 telecom participants will seek ways to boost Wi-Fi roaming and develop new wireless technology via global partnerships.The three-day conference will aim to further make Wi-Fi roaming accessible around the world by the first half of 2013, KT noted.Con

SK Planet said Monday that the number of users of its mobile payment platform has exceeded 5 million since the company launched it two years ago.Named “Smart Wallet,” the mobile platform allows consumers to use coupons, gift cards, royalty and credit cards via their smartphones without having to carry all of different plastic cards for shopping.The platform was launched in June 2010, and hit 1 million users in nine months, and 3 million November last year, the company said.SK Planet, the mobile

SK Hynix said Monday that it released its first solid-state drive product for general consumers.The client 2.5-inch SSD, named “SH910,” consists of ONFI synchronous NAND flash memory using 20 nanometer-class process, with available capacities of 128GB and 256GB.It significantly improves speed and reliability by adopting the Serial Advanced Technology Attachment 3 interface with data transmissions of 6Gbit per second. The super-fast storage device generates sequential read speeds of 510MB/s and s

KOSPI drops 2.21% on weak U.S., Chinese economic data, eurozone woesKorean game stocks rose Friday despite a sharp decline in the broader stock market beset by the triple whammy of slowdowns in the world’s three biggest economies ― the U.S., China and Europe.The gaming software stocks jumped 1.55 percent on average, the third highest in terms of increase among industry shares. The benchmark KOSPI further tumbled below the 1,900 mark, ending at 1,847.39, down 41.76 points, or 2.21 percent. The te