German carmaker Volkswagen’s recent announcement that it will be supplied with electric vehicle batteries from Samsung SDI and LG Chem through to 2025 in Europe and China is boosting market expectations for growth in the battery industry.Last week, Volkswagen announced in Berlin that it had selected Korean battery makers Samsung SDI and LG Chem as well as China’s Contemporary Amperex Technology Ltd. to supply batteries for its upcoming electric vehicles at its European and Chinese plants, with s

Samsung Electronics and Apple, two tech companies that were beleaguered by product scandals in 2017, showed very different performances in global corporate reputation rankings for 2018.Samsung Electronics jumped 44 spots to land at No. 26 in the annual Global RepTrak 100 released by the Reputation Institute, while Apple plummeted 38 steps to land at No. 58. Both companies suffered major setbacks in 2017. Samsung Electronics grappled with the fallout from safety concerns surrounding its battery f

A highly anticipated vacuum TV ad featuring Korea’s women’s Olympic curling team began airing Saturday, according to LG Electronics on Sunday.The commercial uses the Winter Olympic sport as a motif to promote its Cord Zero A9, R9 and T9 vacuums. Starting with a cut of team skip Kim Eun-jung’s piercing stare, the team maneuvers LG Electronics’ vacuums to clean a house the way they maneuver brooms and stones on the ice.The Korean women’s curling team ultimately lost the gold to Sweden during the P

South Koreans have a reputation for being slim. But in recent years, obesity has been on the rise here, as people increasingly turn to instant and fast food and lead more sedentary lives. However, social perceptions on obesity remain focused more on physical appearances than on health, leading to slow change.“Public interest in obesity is relatively low. Perhaps we want to continue believing that we are the second-thinnest country in the world after Japan. Or perhaps, we want to believe that obe

Designing technology projects for the future requires a radical change in thinking as social demographics shift and ubiquitous connectivity changes the way people interact with the world around them, says Ju Da-young, an assistant professor at Yonsei University who heads the Technology and Design Research Center.The center is part of the Yonsei Institute of Convergence Technology, a school set up to explore how different disciplines can come together to create new ideas.“We’re seeing completely

The Dayou Group has no plans to merge its household appliance affiliate Dayou Winia with its newly acquired affiliate Daewoo, according to a top executive Wednesday.“We are benchmarking the operating strategy of Hyundai and Kia Motors,” said Cho Sang-ho, vice president at Dayou Group, at a press conference Wednesday at The Plaza Hotel Seoul. Executives from Dayou Group speak to the press at The Plaza Hotel Seoul on Wednesday. From left: Ahn Byoung-deok, head of strategic planning at Daewoo Elect

Samsung SDI said Wednesday that it introduced its latest high-capacity battery cell at a trade show dedicated to energy storage systems in Germany. Samsung SDI‘s booth at Energy Storage Europe 2018 in Dusseldorf, Germany (Samsung SDI)The company‘s exhibition at the three-day Energy Storage Europe 2018 featured the company’s latest ESS battery cell with a capacity of 111 ampere-hours, upgraded from 94 ampere-hours in its predecessor. The 111-ampere-hour battery cell is the same size as its predec

  진행자: 원호정, Paul Kerry 1. 북미 정상회담 앞두고 '비핵화' 정의 혼란 기사요약: 도널드 트럼프 미국 대통령과 김정은 북한 노동당 위원장이 5월에 회담을 앞두고 있는 가운데 '비핵화'에 대한 다른 정의가 걸림돌이 될 수 있다는 우려가 나오고 있다. 아이튠즈(아이폰): https://itunes.apple.com/kr/podcast/koliaheleoldeu-paskaeseuteu/id686406253?mt=2 팟빵 (안드로이드): http://www.podbbang.com/ch/6638 Major hurdle for NK-US talks: how each country defines denuclearization [1] US President Donald Trump has accepted an invitation to sit down  with North Korean leader Kim Jong-un by May for tal

Models introduce Wind-Free air conditioners from Samsung Electronics at the Mostra Convegno Expocomfort 2018, a biannual trade exhibition in Italy dedicated to residential and industrial installations and air and energy solutions. Samsung Electronics will be presenting products targeting the European air conditioner market at the show, which runs from Tuesday to Friday. (Samsung Electronics)

Korea’s two largest electronics companies are set to hold shareholders meetings this month, with industry watchers keeping a close eye on Samsung’s plans to confirm its first-ever stock split.Samsung Electronics will hold a shareholders meeting on March 23 to discuss its 50-to-1 stock split, which was announced in January. “The company had received numerous requests for a stock split based on the view that a high share price was a hindrance to potential investors. The request increased in freque

LG Electronics has opened its first premium brand shop in Kuwait as part of efforts to push its top-tier products in the Middle East, the company said Tuesday.The two-story, 433-square-meter store opened Sunday (local time) at the Rozanah Mall in Kuwait. The store features a premium experience zone displaying products such as those from the LG Signature line.Visitors to the store can browse and test out products such as LG’s premium organic light-emitting diode TVs, washing machines and refriger

SEOSAN, South Chungcheong Province -- LG Chem’s revenue will grow 40 percent in the next two years, driven by rising demand on batteries, particularly batteries for electric vehicles and energy storage systems, the company‘s chief executive said Friday.At a meeting with reporters Friday at LG Chem’s Daesan complex in Seosan, South Chungcheong Province, LG Chem CEO Park Jin-soo said that batteries will account for “about half” of the 10 trillion won ($9.3 billion) in revenue growth for the compan

Major smartphones introduced at this year‘s Mobile World Congress by Korean strongholds Samsung and LG are set to hit the market Friday amid concerns about a slowdown in the smartphone market here.Samsung Electronics is rolling out its Galaxy S9 while LG Electronics is bringing out its V30S ThinQ, both of which were showcased at MWC in Barcelona.With LG having pushed back the release of its newest flagship phone, tentatively being called the G7, industry interest has been focused on the sales pe

Artificial intelligence is coming to home karaoke, with wireless carrier KT and karaoke machine maker KY Kumyoung Group teaming up to create a new service this year, according to KT on Thursday.The two firms signed an agreement Thursday at KT’s headquarters in Jongno-gu, Seoul. The two companies are planning to create a new artificial intelligence-powered karaoke service for homes this year, and to continue cooperating in the entertainment sector using KT’s latest technologies and Kumyoung’s mus

DYSON V10’S ASIA DEBUT -- Dyson’s vice president of floor care and robotics, John Churchill, demonstrates the functions of the new V10 cordless vacuum at the K Museum of Contemporary Art in Seoul on Wednesday. Churchill announced that Dyson would no longer be developing corded vacuums, moving completely into the cordless vacuums sphere. On Wednesday, the company revealed the new Dyson Cyclone 10 vacuum and Dyson Pure Cool air purifier for the first time in Asia, following similar events in New Y

LG Electronics is hoping to lead the era of artificial intelligence-powered TVs with its new lineup of household sets powered by its AI platform ThinQ, the company’s home entertainment chief said Monday.At a launching event showcasing LG’s premium TV lineup for this year at LG’s R&D center in southern Seoul, Brian Kwon, president of LG’s Home Entertainment Co., told reporters, “In addition to our TVs’ perfect black and perfect visual quality, this will be a year for us to take the next step with

GALAXY S9 ON BURJ KHALIFA -- An advertisement for the release of Samsung Electronics‘ latest flagship phone Galaxy S9 is shown on the facade of the Burj Khalifa building in Dubai. The ad was shown five times over two days on March 2 and 3 (local time) on the world’s tallest building, complementing an experience zone where consumers could try out the new features of the Galaxy S9. (Samsung Electronics)

Samsung SDI will be providing 13,000 battery modules for an energy storage system project on the Hawaiian island of Kauai, the company said Sunday.The Lawai Solar and Energy Project, run jointly by the American AES Group affiliate Distributed Energy and the Kauai Island Utility Cooperative, will install a 28-megawatt solar photovoltaic system and a 100 megawatt-hour five-hour duration ESS on Kauai. Samsung SDI will be providing approximately 13,000 battery modules for the ESS.“The project will p

Dayou Group has completed the acquisition of Daewoo Electronics and has begun measures to normalize operations at the electronics company, the group said Sunday.Dayou Group purchased an 84.5 percent stake in Daewoo Electronics from DB Group and financial investors through a special purpose company, confirmed by a Daewoo shareholders’ meeting on Feb. 28. The shareholders elected Ahn Jung-gu as the company’s representative director. Daewoo Electronics `s plant in Gwangju (Yonhap)Ahn Jung-gu, the r

The next flagship smartphone from LG Electronics is set for release in the first half of 2018, according to the top executive of LG‘s mobile division.At Mobile World Congress 2018, LG did not roll out a new flagship smartphone as Samsung did with its Galaxy S9, but rather introduced new artificial intelligence capabilities on its V30S ThinQ.According to Hwang Jeong-hwan, who heads up the mobile business at LG, the company’s focus now is on improving core competitiveness. Hwang Jeong-hwan, head o