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Sun, July 3, 2022 | 16:56

LG Energy Solution accelerates establishment of smart factory systems

Kwon Young-soo, vice chairman and CEO of LG Energy Solution, left for Europe to check the progress of establishing a smart factory system in its battery-manufacturing plant in Poland and to discuss ways to expand technological cooperation with clients there, the battery company said Sunday.

Baek Byung-yeul | 2022-07-03 16:43

Apple criticized for exploiting loophole in Korea's in-app payment regulations

Apple has drawn criticism from app developers for essentially forcing them to use its own billing system instead of clearly offering multiple options. Korean law mandates that apps distributed by app market operators be allowed to offer an alternative payment processing option within their apps. In its latest announcement, Thursday, the U.S. tech giant said that apps distribu...

Park Jae-hyuk | 2022-07-01 16:18

Samsung beats TSMC in mass production of world's 1st 3-nanometer chips

Samsung Electronics stepped ahead of TSMC, becoming the world's first chipmaker to begin mass production of 3-nanometer process nodes, applying gate-all-around (GAA) transistor architecture. The Korean firm made the announcement, Thursday, that it had beaten its Taiwanese rival, which aims to mass-produce 3-nanometer chips by the second quarter of this year, as well as Intel,...

Park Jae-hyuk | 2022-06-30 16:11

LG, SM Entertainment collaborate to go after Apple, Peloton in home fitness market

Fitness Candy, a joint venture launched recently by LG Electronics and SM Entertainment, expressed confidence that it could defeat Apple and Peloton in the at-home workout market, with plans to release its home fitness service overseas in the near future. “We will be able to beat them with the integration of LG's devices and SM's content,” Fitness Candy CEO Shim Woo-taek said...

Park Jae-hyuk | 2022-06-30 15:06

Korea's space projects overshadowed by researchers' poor working conditions

Uncertainty has been growing surrounding Korea's mission to become a powerhouse in the space industry, as researchers of a state-run space research institute have begun to cry foul over their labor conditions, threatening to leave for better opportunities in the private sector. Despite the recent success in launching a domestically developed space rocket, unionized researcher...

Park Jae-hyuk | 2022-06-29 16:50

[INTERVIEW] Personnel Minister vows digital innovation of gov't affairs

Korea's 'e-Saram' praised as innovative management system for public workersBy Ko Dong-hwanMinister of Personnel Management Kim Seung-hoIn his first international event since the Yoon Suk-yeol administration kicked off on May 10, Korean Minister of Personnel Management Kim Seung-ho proudly touted how the country has been managing public workers via a digital platform to rely ...

Ko Dong-hwan | 2022-06-29 16:10

LG Innotek develops top-class in-cabin radar

LG Innotek developed an in-cabin radar module that can detect passengers inside a car as part of its efforts to capitalize on the fast-growing automotive sensing business, the company said, Tuesday. The in-cabin radar module is a component that detects a passenger's presence or movement using radio waves. It is made by combining radar chips, antennas and communication chips o...

Baek Byung-yeul | 2022-06-28 15:58

LS Cable & System Asia seeks to expand renewable energy, telecom biz

LS Cable & System Asia seeks to expand new businesses to be better prepared for and adapt to the changing pandemic. The company continues to grow after achieving record-high quarterly results in the first quarter of this year. Its strategy is to go beyond Vietnam and advance into global markets such as ASEAN countries and North America with its renewable energy and telecommun...

2022-06-28 15:50

Salesforce to launch cloud-based Hyperforce service in Korea

Salesforce, a U.S.-based customer relationship management (CRM) software company, aims to strengthen its leadership in Korea's digital transformation market with the release of its Hyperforce service, a software package that can run on public cloud computing services such as Amazon Web Services (AWS) and Azure, the head of its Korean unit said Tuesday.

Baek Byung-yeul | 2022-06-28 15:40

[INTERVIEW] Dongnae aims to take lead in Korea's property-tech market: co-founder

Kim In-song, co-founder and chief strategy officer at local property-tech startup Dongnae, said the company aims to capitalize on the country's growing market for monthly rent housing as more tenants are using the monthly rental system instead of Korea's unique “jeonse” or lump-sum deposit lease contracts. “Recently, landlords have preferred monthly rent for raising income. T...

Baek Byung-yeul | 2022-06-23 16:39

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