• IT-Science

    Better product design

    KT chief looks to boost global recognition KT Chairman Lee Suk-chae said Monday that the firm plans to consolidate its edge in the information technology industry, with its sights further focused on going global through product design. Lee said the overall plan is to create a product identity where consumers…

    Read More »
  • IT-Science

    Moving from love-hate to hate-hate

    Apple gets serious about reducing Samsung reliance on smartphone chips Samsung Electronics and Apple have been technology’s oddest bedfellows: bitter foes in finished products but indispensible as friends in parts like chips and screens. But with Apple moving quickly to reduce its reliance on Samsung’s semiconductor capability amid an intensifying…

    Read More »
  • IT-Science

    Will Facebook survive in Korea?

    New ‘promoted post’ service unlikely to attract more people here The buzz surrounding social network service (SNS) Facebook seems to be dying down quickly in Korea due to recent moves that industry observers say are precarious. The biggest question for the company is whether it can find a sustainable business…

    Read More »
  • IT-Science

    Two U.S. Scientists Announced Winners Of 2012 Nobel Prize In Chemistry

    Scientists Robert J. Lefkowitz (L) and Brian K. Kobilka (R) are introduced in Stockholm, capital of Sweden, on Oct. 10, 2012. Robert J. Lefkowitz and Brian K. Kobilka, both from universities in the United States, won the 2012 Nobel Prize in Chemistry, announced Staffan Normark, Permanent Secretary of Royal Swedish…

    Read More »
  • IT-Science

    LG back on track

    Chairman Koo aims to foster creative DNA LG Group, one of the country’s largest conglomerates, has cemented a reputation for playing it safe rather than taking risks. But with its positions in major markets such as consumer electronics and mobile phones becoming precarious, Chairman Koo Bon-moo is showing unprecedented boldness…

    Read More »
  • IT-Science

    Samsung hits new milestone

    Technology giant posts record operating profit of W8.1 tril. in Q3 Samsung Electronics said Friday that it posted record operating profit of 8.1 trillion won ($7.3 billion) in the third quarter of this year on the back of robust smartphones sales. It is the fourth straight quarter of record operating…

    Read More »
  • IT-Science

    Firms scale back on spending

    In times of massive uncertainties like these, cash is king and doing nothing becomes a valid investment strategy. This appears to be an article of faith for Korea’s big businesses, which are rushing to scale back on their lavish investment commitments for this year and next as Korea’s export-dependent economy…

    Read More »
  • IT-Science

    Is free-to-play model for future?

    Ani Pang may give lessons to Facebook Ani Pang, a smartphone game developed by a 30-employee startup, can teach Facebook some lessons. While the U.S. social networking giant struggles to establish a concrete business model of its mobile platform, Ani Pang has become the biggest grossing application in Korea, generating…

    Read More »
  • IT-Science

    Korea test bed for games

    Riot Games Managing Director for Asia Jin Oh ‘League of Legend’ developer values players above all The Asian chief of a leading global game development company said that Korea is a test bed for the firm’s future growth. “Korea serves as an excellent test bed for drawing the future course…

    Read More »
  • IT-Science

    SK Telecom changes LTE landscape

    Firm pledges technology upgrades for consumers SK Telecom, Korea’s largest mobile carrier, has changed the landscape for the long-term evolution (LTE) services market by seeking ways to upgrade its technology. Not satisfied with providing a nationwide LTE network, the firm has been keen to test the technological boundaries of what…

    Read More »