Winia Daewoo announced on Wednesday that the company has renamed itself Winia Electronics as part of its strategy to reinforce its business at home and abroad. Winia Daewoo is the home appliance unit of Daeyu Winia Group, which was launched in 2018 as the result of Daeyu’s acquisition of Dongbu Daewoo Electronics. The company provides mid-range home appliances, including refrigerators, air conditioners and electronic rice cookers. The rebranding comes after the overseas trademark li

South Korean memory chipmaker SK hynix announced Tuesday the company will launch the fifth generation of DRAM chips, DDR5, as the first in the world. Compared to its predecessor DDR4, the latest edition is 1.8 times faster and consumes 20 percent less power, making it optimal for big data, artificial intelligence and machine learning solutions. SK had embarked on development of the first 16-gigabit DDR5 in November 2018 and sought cooperation from customers like Intel to complete verificat

Anticipations are high for South Korea’s electronics industry to announce earnings surprises for the third quarter, despite initial worries about the impact of COVID-19, according to industry sources Monday. Due to higher sales of semiconductors, smartphones and home appliances over the last three months, Samsung Electronics and LG Electronics are forecast to report increased operating profits for the July-September period. According to the latest forecasts by financial market research

South Korea’s business community expects to see the imminent relaxation of entry restrictions for travelers to Japan amid hopes of improving economic relations between the two countries, according to industry sources on Sunday. Regarding the possibility of the two governments pounding out an agreement easing the seven-month-long restrictions on entry to Japan amid the COVID-19 pandemic, industry officials are optimistic about maintaining better business relations with their Japanese pa

Seventy-five new COVID-19 cases were reported on Saturday, staying below 100 for the third straight day over South Korea’s biggest national holidays Chuseok. According to the daily tally announced by the Korea Disease Control and Prevention Agency, the country added 75 more COVID-19 cases, raising the total infection figure to 24,027. There were 52 local infections. After hitting 133 on Wednesday, daily infections have declined back to double-digit figures during the three-day Chuse

Suffering from stalled growth in recent years, the smartphone market remained dull until the first half of this year amid the gloomy sentiment driven by the pandemic. But starting with Samsung Electronics’ Galaxy Note 20 launch in August followed by LG Electronics’ new swiveling form factor smartphone in September, the market is seeing consumer excitement grow again with the releases of new models. Among others, the launches of new form factors seem to be leading the overall recov

Will we ever be able to feel the excitement and joy that we had at airports before the COVID-19 outbreak?  After eight months of border shutdowns, the Incheon International Airport, one of the largest and busiest airports in Asia, appears to be trying to return to normalcy.  Yet, the third-floor departure area remains eerily quiet, as people continue to refrain from flying abroad under travel restrictions.  On the first floor for arrivals, hundreds of quarantine officials are s

Korean mobile carriers are preparing a variety of communication services and events for people staying at home during the Chuseok holidays next week. KT, the country’s No. 2 telecom company by subscribers, said Friday it will launch a challenge using the rich communication service, known as RCS, which is aimed to encourage people to send messages to loved ones. The RCS, which is a free messaging service launched between the country’s three major mobile carriers, can open gro

Samsung Display said Thursday the company has received the highest level of certification for its efforts to produce no industrial waste from Underwriters Laboratories as the first Korean manufacturer. The Korean panel maker’s production site (line No.1) in Asan, South Chungcheong Province, obtained a platinum grade in the zero waste to landfill segment. Underwriters Laboratories grants the platinum level for manufacturing sites that recycle all of their industrial waste, while givin

LG Electronics unveiled a collaboration on future car interiors with Hyundai Motor Company, the tech giant said Thursday. Dubbed the “Ioniq Concept Cabin,” the model offers a glimpse of the inside of how future vehicles could look like if they go fully electrified. The two companies focused on maximizing the benefit of greater space inside of future electric vehicles than conventional combustion engine cars, aiming to make passengers feel at home. The Ioniq Concept Cabin feat

Global experts from around the world and industry officials agreed on supremacy of South Korea’s 5G network technologies at an online seminar hosted by SK Telecom on Wednesday. “Korea’s 5G achievements are special for the world,” said Alex Choi, vice president of Deutsche Telekom, during the seminar. “There are few countries that have 5G speed on 3.5 gigahertz as fast as Korea and coverage as wide as Korea.” Ross O’Brien, editor of MIT Tech Review,

LG Electronics’ swiveling LG Wing smartphone will retail for 1.09 million won ($936), the company said Tuesday. “LG Wing’s retail price is the lowest among smartphones with multiple screens so far,” the company said in a press release. “The company has set the price at such an aggressive level in order to allow more consumers to experience the LG Wing’s new form factor.” The LG Wing features a 6.8-inch OLED main screen that can be swiveled horizont

SK hynix on Tuesday announced its investment in an artificial intelligence solutions company Gauss Labs that will lead SK Group’s future value creation. The chipmaker will invest $55 million in Gauss Labs as the sole investor through 2022. Last month, Gauss Labs opened its headquarters in California’s Silicon Valley, and plans to establish a Korean office later this month. Kim Young-han, a data scientist and tenured professor at the University of California, San Diego, will ser

Samsung Electronics’ first wearable robot, GEMS Hip, has been certified for its safety requirements by the Korea Institute for Robot Industry Advancement, the company announced Monday. Samsung first unveiled the GEMS robot, which stands for gait enhancing and motivating system, at CES 2019. The company has developed three types of the wearable robot: GEMS Hip, GEMS Knee and GEMS Ankle. Each one supports the particular body parts’ abilities, enabling wearers to move more easily.

South Korea’s tech industry is forecast to report a better performance in the third quarter than the second, owing to pent-up demand amid the ongoing COVID-19 pandemic, according to financial sources on Sunday. Industry bellwether Samsung Electronics is expected to post over 10 trillion won ($8.58 billion) in operating profit in the July to September period, which would be up about 32 percent from the company’s Q3 operating profit last year. “Samsung’s mobile busines

Before getting my hands on the LG Wing, I had no idea why we would need a screen that spins around. But once I got to swivel the main screen -- with the transition so incredibly suave thanks to the built-in hydraulic damper -- it was, indeed, a whole new experience. With the 6.8-inch P-OLED Full Vision display swiveled 90 degrees to set it horizontally, the LG phone offered the best conditions that vertical square-shape smartphones can offer for watching movies and taking photos or v

Health care is definitely an industrial sector that has been greatly influenced by the recent COVID-19 pandemic. Rianne Meijerman, head of consumer marketing at multinational health care solution provider Royal Philips, sums up the latest changes in the market as an “acceleration of virtual care” and the “health continuum.” “This pandemic has brought virtual health care to the front and center,” Meijerman said in a virtual interview with The Korea Herald

LG Electronics on Monday unveiled a whole new form factor for its LG Wing smartphone, part of the company’s first Explore project for innovative user experiences. Amid the pandemic, the South Korean tech titan held an online unpacking event for its second flagship model of 2020 through multiple social media channels to global audiences for about 30 minutes. High-profile YouTuber Unbox Therapy presented the Wing, highlighting the new form factor and different user experiences during the

Samsung Electronics on Monday announced its partnership with d’strict, a local content producer for digital media, to reinforce its smart signage business by providing digital content tailored to customers. The content company created massive sea waves on the 1,620 square-meter Samsung LED display on the façade of SM Town’s building in Samseong-dong in southern Seoul in May. The two firms plan to unveil their collaborations at global landmarks like Times Square in New Yo

In the future, people could be shopping for masks at electronics retailers instead of at pharmacies. Those masks would be capable of monitoring wearers’ breathing patterns, captured particles and gas, and be able to connect with other devices like smartphones. This is not just a dream for Beelee Chua, a professor at the electric engineering school of Korea University. In 2018, professor Chua’s research team, in collaboration with Ewha Womans University, developed a micro ionizer