South Korea’s LG Electronics has grabbed the top spots in home appliance rankings by US-based nonprofit organization Consumer Reports. LG’s organic light-emitting diode TV model 65CX scored 87 and was ranked the best TV among 227 products in the US organization’s latest rankings report for 2021. For LG, it reclaimed its position at the top of the TV list in two years. Of the top 10 TV models, seven were by LG, suggesting a consumer preference for the Korean-made TVs. Th

 Jang Seong-hwan, 92-year-old South Korean businessman, and his wife decided to donate a real estate worth 20 billion won to the Korea Advanced Institute of Technology, the institution said Sunday. KAIST held a ceremony to mark Jang’s donation at a hotel in Seoul on Saturday, it said. The donation includes a six-floor building with two basement floors on a landmass of 580 square meters in Nonhyun-dong, southern Seoul. Jang is a son of a North Korean family, who crossed the borde

Samsung Electronics and its affiliates are set to announce an open recruitment of college graduates and soon-to-be graduates this week, maintaining a large-scale hiring of entry-level workers amid the pandemic in South Korea. According to industry sources on Sunday, Samsung Electronics and three other affiliates – Samsung Display, Samsung SDI and Samsung Electro-Mechanics – will release their recruitment announcements soon. Some of the affiliates are holding online job fairs am

The trial of Samsung Group’s de facto chief, Lee Jae-yong, resumed Thursday, increasing legal risks for the country’s biggest conglomerate as the court examines his role in the 2015 merger of two business units within the group. The Seoul Central Court held a second session to set a preliminary date for the trial of 12 Samsung executives, including the imprisoned Samsung Electronics vice chairman, who is the only son of the late Samsung Group Chairman Lee Kun-hee. The session was

Samsung Electronics is preparing for another event to unveil some of its newest Galaxy devices next week as a likely move to garner attention for products other than its flagship S series. The tech giant has sent out invitations to a new unveiling event for its Galaxy devices, “Galaxy Awesome Unpacked.” The event is a new addition this year to Samsung’s existing Galaxy Unpacked events, which are usually held twice a year to announce flagship phones. The invitation said

Samsung Electronics said Wednesday that the company will roll out the first consumer drive without DRAM -- the 980 Non-Volatile Memory express (NVMe) SSD, which delivers the highest performance among DRAM-less SSDs at a faster speed. Previously, DRAM-less designs had a disadvantage in speed as they lacked the short-term memory for fast access to data. To address the issue and overcome any performance drawbacks, Samsung used the Host Memory Buffer technology, which links the drive directly

Samsung Electronics has an aim to boost its sales of customizable Bespoke products to 80 percent of total consumer electronics sales, the company’s president said Tuesday. During an online press conference held to announce the new Bespoke Home products, Lee Jae-seung, president of Samsung’s consumer electronics business, said the company will expand the Bespoke lineup further both at home and abroad. “The company aims to expand the Bespoke sales to account for 80 percent of

LG Innotek said Monday the company has inked a deal with Microsoft to increase its share in the 3D-sensing module market. The South Korean electronic parts supplier signed a memorandum of understanding with the US-based tech mogul to cooperate on the development of ToF modules for Microsoft’s Azure Cloud service. The ToF -- time of flight -- module is a core component of 3D-sensing cameras which perceives three-dimensionality, spatial information and movement of an object by measuring

Nearly a month has passed since the US trade court delivered a victory to LG Energy Solution in its trade secret dispute with crosstown rival SK Innovation, but the two sides appear no closer to ending their bitter war. Quite the contrary. The fight between the world’s two leading battery producers for electric vehicles has now spilled over to the White House, much to the dismay of Seoul officials, who hope for an early resolution to the matter, saying this would help Korea maintain its l

The United States International Trade Commission has confirmed publicly that SK Innovation misappropriated 22 trade secrets of its domestic archrival LG Energy Solution while developing electric vehicle batteries. According to a public document unveiled by the USITC on Thursday (US time), SK’s trade secret theft and destruction of related evidence were planned and organized at a high level, which the commission described as “extraordinary.” The document backs the US trade

Merck, the German science and technology group, said Friday it is changing the name of its performance materials business to electronics. The renaming is part of a strategic realignment it has made since 2018 under its “Bright Future” transformation program. “The renaming of our business sector to Electronics is a logical step for us,” said Kai Beckmann, member of the executive board of Merck and Electronics CEO. “After all, the new name underscores our strat

South Korea went up one spot to place fourth in terms of the number of international patent filings, according to the Korean Intellectual Property Office on Thursday. The country’s applications for international patent rights to the World Intellectual Property Office increased 5.2 percent from 19,073 in 2019 to 20,060 in 2020, the patent body said. Korea, who placed fifth from 2010 to 2019, follows China, the United States and Japan. The growth in patent filings was made largely in

The United States International Trade Commission has launched an investigation into an allegation that Samsung Electronics violated a patent related to LTE devices. According to the ITC on Tuesday in the US, the commission voted to institute an investigation of certain LTE-compliant cellular communication devices sold by Samsung and Motorola. The complaint was filed by Austin-based communication device company Evolved Wireless last month. The US firm claimed the importation into the US and

LG Innotek said Tuesday it has developed the world’s first automotive Wi-Fi 6E module that would enable passengers to enjoy watching movies or playing games with seamless connections in cars. The electronic parts manufacturing affiliate of LG Group said the automotive Wi-Fi 6E module using 6GHz bandwidth boasts a data transmission speed of 1.2 gigabits per second that is approximately three times faster than the existing Wi-Fi 5. It only takes 2 milliseconds to connect to the network,

South Korea’s share in global research and development spending in technology has waned as China’s is rapidly rising, a comparative report by the Federation of Korean Industries showed on Tuesday. The number of Korean companies that made it to the list of leading 2,500 corporate investors in R&D plunged from 80 in 2014 to 56 in 2019, the report revealed. The Korean firms’ share in the total value of R&D investments also shrunk from 3.9 percent to 3.6 percent during

Despite the fallout from the ongoing trade dispute and COVID-19 pandemic, South Korea retained its position as the world’s seventh-largest exporter in 2020, showed data released by the World Trade Organization on Sunday. According to the WTO report on trade trends of major economies in 2020, Korea’s ranking in global trade was in seventh place last year, unchanged from the previous year. Asia’s fourth largest economy accounted for 3.1 percent of world exports, following Ch

LG Group unveiled its first achievement in artificial intelligence research conducted by the group’s AI research arm. The South Korean conglomerate announced two academic papers on explainable AI and continual learning in collaboration with University of Toronto, through the Association for the Advancement of Artificial Intelligence. Explainable AI, co-researched by a team led by Professor Konstantinos Plataniotis, refers to a technology that easily explains a result of its research to

LG Electronics’ potential plan to discontinue the smartphone business would have ripple effects on jobs in its overseas production bases, persons working for LG outside Korea said. 　 According to workers assembling LG phones at the company’s Brazil factory, local employees are paying keen attention to the circulating rumors about the Korean vendor’s plans for the struggling phone business. “The latest reports about LG’s sale of its smartphone business have made u

Apple will open its second Apple Store in South Korea this Friday in a move to expand its presence in the main turf of archrival Samsung Electronics. Called Apple Yeouido, the second Apple Store is located on the L1 floor of IFC Mall in Yeouido, western Seoul, which is the epicenter of finance, politics and broadcasting. It is about the same size as the company’s first store, in Garosugil in southern Seoul, which opened in January 2018 and has become a must-visit spot for Apple fans

Samsung Electronics announced on Tuesday it is launching the advanced image sensor ISOCELL GN2 with a more true-to-life auto focus function that makes the microchip operate similar to human eyes. ISOCELL is Samsung’s image sensor brand developed by its System LSI Business. Samsung, which is on a path to expand its presence in the system-on-chip market, including the image sensor sector, has been increasing efforts to bolster its product lineup. The newest ISOCELL GN2 boasts a new 5