Samsung Electronics on Wednesday unveiled the Bespoke edition of its Galaxy Z Flip3, offering as many as 49 new color choices for the clamshell-type foldable smartphone. Samsung presented the new edition on its YouTube channel at 11 p.m. at an event called Galaxy Unpacked, Part 2. The frames come in two colors, black and silver, and customers can choose from five Bespoke colors for the front and rear of the device: blue, yellow, pink, white and black. A total of 49 new combinations are a

In an industry first, SK Hynix has developed the fourth generation of high bandwidth memory, or HBM3, the company said Wednesday. HBM is a high value DRAM product with fastened data processing, which combines multiple DRAM chips vertically. Demand for HBM products has been growing from high-performance data center businesses as well as machine learning platform operators. SK Hynix has three previous HBM products, HBM, HBM2 and HBM2E, and the latest development is an update to the HBM2 by in

In a world rapidly digitalizing amid the COVID-19 pandemic, Philips seeks to strengthen its partnership with innovative Korean health care providers, said Frans van Houten, the chief executive officer of the Dutch health technology firm. Through a virtual interview with The Korea Herald on Monday, Van Houten highlighted the importance of having long-term partnerships with health care providers around the world, including those in markets like Korea with strong technological prowess and quali

With a common goal of achieving sustainability in the fashion industry, South Korean tech giant LG Electronics took part in an environmental conference hosted by global fashion magazine Vogue in Poland, the company said Monday. Organized by Vogue Polka with Boston Consulting Group, the Business Fashion Environment Summit was held last month for the second time, and LG participated as an official partner, highlighting its commitment for sustainability and eco-friendliness. The event took plac

Five in-house startups that have built business models upon the COVID-19 pandemic will spin out from Samsung Electronics, said the tech giant Thursday. Samsung said the five new spin-outs are the outcome of Samsung employees’ efforts to develop solutions for the post-pandemic era, raising growth prospects of the startups. One of them is DiaVision, a group of employees from Samsung’s medical equipment business, which has developed a quick COVID-19 diagnosis kit based on image reco

Samsung Electronics may debut Galaxy smartphones with the “Bespoke” concept, which would allow users to customize device designs to suit their personal tastes. “Our users are multifaceted and live life in so many colorful, interesting, and unique ways,” the South Korean tech giant said in an invitation sent out to global customers and media for an additional event for the Galaxy family on Oct. 20. “As such, the technology they use every day should reflect thei

Samsung Electronics Vice Chairman Lee Jae-yong on Tuesday pledged not to use drugs for any reason at a Seoul court, where he was tried for illegal drug use. He made the promise while attending the court hearing of his trial at Seoul Central District Court. He is accused of having illegally used propofol, a short-acting medication that results in a decreased level of consciousness. During Tuesday’s session, public prosecutors requested the court issue a fine of 70 million won ($58,400)

Organic light-emitting diode displays largely produced by South Korea’s leading panel makers LG Display and Samsung Display are being deployed in more devices, squeezing out cheaper liquid crystal displays at a remarkable rate. As the market for the thinner and more flexible display panels expands, Apple is planning to adopt OLED panels for its new iPad series scheduled for 2023 for the first time, industry sources said Monday. Apple has sourced OLED panels for iPhones from both LG and

The sales volume of Galaxy Z Fold3 and Flip3 has surpassed 1 million in South Korea, according to Samsung Electronics on Wednesday. The tech giant said the total number of units of the two foldable devices sold in the Korean market reached 1 million Monday, 39 days since their debut on Aug. 11. The foldable phones trailed only Samsung’s biggest hits of the Galaxy Note 10 and flagship Galaxy S8 in the pace of reaching the 1 million mark. Of the 1 million units, about 70 percent are

LG Innotek said Wednesday the company is taking part in an international trade show for substrates and chip packaging technologies to showcase its newest products and technologies. The electronic parts supplier of LG Group exhibited three new products -- 5G Antenna in Package, RF-System in Package and Chip On Film -- at the Korea International Electronic Circuits and Packaging Show 2021 that kicked a three-day run in Songdo, Incheon on Wednesday. The 5G AiP is a substrate for the antenna mod

Despite recent releases from Samsung Electronics and Apple featuring the most advanced technologies so far, the global smartphone market is forecast to grow slowly as phone vendors struggle to secure components, including semiconductors, amid ongoing shortages worldwide. According to a recent report from market researcher Counterpoint Research, the total shipment volume of smartphones for 2021 is expected to grow 6 percent to 1.41 billion units. The growth forecast was lowered from the resea

South Korea’s major milk and dairy product providers are set to raise retail prices of their products next week. Namyang Dairy Products said Friday the company will increase retail prices of commercial milk products by an average 4.9 percent from Oct. 14. The firm said the prices of fermented and processed milk products will be risen 0.3 percent and 1.6 percent on average, respectively. For example, two packs of Delicious MilkGT, Namyang’s best-selling product, will be priced

SK Broadband said Thursday that it had countersued Netflix for network usage fees based on a June verdict that favored the South Korean company. The SK Telecom subsidiary, one of the country’s leading broadband internet access providers, said the suit, filed with the Seoul High Court, was a follow-up measure after Netflix failed to respond to SK’s proposals. “Despite the fact that massive investments are made in maintaining the internet network every year and the fact that

US-based content streaming giant Netflix has generated economic effects in South Korea worth 5.6 trillion won ($4.73 billion) and created 16,000 local jobs since its 2016 entry here, the company said Wednesday. At its first event for its Korean partners, the firm released a report written by Deloitte on the effects of its presence and investment in the country. Netflix commissioned the study. Since it launched here in 2016, the company has invested about 770 billion won in domestic content

Amid growing calls for regulating thriving digital platform businesses, South Korea’s top policymaker on technology and science called for a shift in perspective, saying they should be seen as innovators rather than a target for regulation. Minister of Science and ICT Lim Hye-sook made the remarks while meeting executives of Korea’s leading platform companies, including Naver, Kakao, Woowa Brothers and Yanolja. It was the first time that the ministry organized such a meeting with

미국 정부가 삼성을 비롯한 글로벌 반도체 기업들에게 생산 관련 기업 정보의 공개를 요구한 데에 대해 문승욱 산업통상자원부 장관이 업계의 우려를 고려해 필요시 미국 측과 논의하겠다는 의사를 밝혔다. 문 장관은 28일 서울 종로구 포시즌스 호텔에서 열린 ‘반도체 연대·협력 협의체’ 출범식에 참석한 후 코리아헤럴드와 만나 “정부 차원에서 논의를 할 것” 이라고 전했다. 그는 “(오늘 출범식)에서도 얘기를 했는데, 업계들이 민감하게 받아들이는 부분이 있으니 정부 차원에서 논의를 해서 확인할 것이 있으면 하겠다”고 말하며 “미국 측과 만나 협의할 사항이 있으면 하겠다”고 전했다. 문 장관은 미국 측과의 논의 시기에 대해선 “아직 언제라고는 말씀드리기는 어렵다”면서도 “지난 5월 한미 정상회담 이후 후속 미팅을 준비하고 있다. 서로 파트너쉽이 되어 있

South Korea may bring the US’ request for data disclosures by local chipmakers up for discussion at a working-level bilateral dialogue, South Korean Minister of Trade, Industry and Energy Moon Sung-wook said Tuesday, amid growing unease here over the impact of the US’ strategic interest in the chip industry. “The industry is taking this very sensitively, so the government would discuss the matter (with the US side), if needed, to verify,” the minister told The Korea Her

CJ OliveNetworks will introduce the country’s first “non-fungible token” tickets at the Busan International Film Festival next month, the company said Monday. A type of blockchain technology, NFTs are unique and not interchangeable. NFT-based tickets, therefore, allow ticket issuers to track holders of each ticket and prevent scalping or fraud. The company has named the ticketing service “One Order Ticket.” CJ has partner with domestic blockchain platform firm

The US government’s strategic interest in chips is putting South Korean chipmakers in a quandary, as Washington adds pressure on chipmakers to share sensitive data on technology, clients and inventory status. With a stated purpose of solving the chip shortage, which is affecting automotive and other industries around the world, US authorities on Thursday held an online meeting with major automakers and chipmakers, which Samsung Electronics attended. Following the meeting, the US Depart

Including South Korea’s Samsung Electronics, technology companies and automakers were asked to make efforts to improve transparency about their US supply chains during a meeting hosted by US Secretary of Commerce on Thursday, according to news reports. Samsung was among a list of companies including TSMC, Intel, Apple, Microsoft and some automakers, which tuned into the meeting held via teleconference, according to the reports. The companies were asked to submit documents including inf