-
IT-Science
HTC packs to leave
Taiwanese firm is latest IT firm to fold Korean biz Taiwan-based handset manufacturer HTC said Monday that it will withdraw from the Korean market after repeated failures to make a noticeable dent here. The news come amid hard times for HTC, which announced last week that it posted $246 million…
Read More » -
IT-Science
Nuclear reactor shut downs at Younggwang Plant
A nuclear reactor here stopped automatically Monday, after its protection system gave out warning signals. According to an official of the state-run Korea Hydro and Nuclear Power, reactor-6 at the Younggwang Plant in South Jeolla Province was shutdown at 2:57 p.m. The official said that a control stick malfunctioned and…
Read More » -
IT-Science
LG Uplus critical about Kakao’s free voice services
It was just months ago when LG Uplus CEO Lee Sang-chul called for mobile-phone carriers to embrace the free voice calls pushed by Kakao Talk, an immensely popular smartphone messaging service. Now, Lee sounds less impressed with Kakao’s mobile voice over Internet protocol (VoIP) offerings, criticizing the voice quality and…
Read More » -
IT-Science
Samsung posts record quarterly profits
Samsung Electronics posted a record operating profit of 6.72 trillion won in the second quarter, up 79 percent from a year ago, on the back of stellar smartphones sales. The technology giant said that its second quarter sales also rose by 21 percent to an all-time high of 47.6 trillion…
Read More » -
IT-Science
Turkish Doctors Treat Cataract Sufferers In Sudan
The Turkish relief association, Kimse Yok Mu has opened an eye clinic to perform cataract surgeries to thousands of cataract sufferers in the war torn province of Darfur. It is estimated that 10 million Africans experience vision problems stemming from cataracts. Hot weather, malnutrition and climate conditions in Africa cause…
Read More » -
IT-Science
LG’s mobile biz to turn around
LG Electronics fell behind in the smartphone era but seems to have finally rebounded. The latest data clearly shows that the flagship firm of LG Group is catching up fast. Despite earlier negative forecasts amid sluggish handset sales, its operating profit for the April-June period increased by 120.5 percent to…
Read More » -
IT-Science
Samsung, Apple may be near reconciliation
Samsung Electronics and Apple may enter a comprehensive cross-licensing deal this year, sources told The Korea Times, Thursday. The first trial on the Samsung-Apple patent dispute in the United States is slated for July 30. Samsung is asking Apple to pay a 2.4 percent royalty rate for the iPhone and…
Read More » -
IT-Science
LG Electronics bounces back
Operating profits jump 120% LG Electronics, the nation’s second largest electronics manufacturer, bounced back in the second quarter riding a robust wave of TV and home appliance sales. Despite earlier negative forecasts amid sluggish handset sales, the firm’s operating profit for the April-June period increased by 120.5 percent to 349…
Read More » -
IT-Science
Kumho Petro expands investment in China
Kumho Petrochemical is expanding its presence in China, the most sought after market in the world. Park Chan-koo, chairman of Kumho Petrochemical, visited Chongqing Friday to meet with Mayor Huang Qifan and agreed on a joint investment plan to expand Kumho’s chemical business there. “We were able to finish our…
Read More » -
IT-Science
KT to commercialize VoLTE
Mobile carrier KT announced Tuesday that it will commercialize its voice over long-term evolution (VoLTE) service in October. Current voice calls are all transmitted through third generation (3G) networks but will use LTE networks once the service starts, allowing better quality and faster connectivity, company officials said. KT, though last…
Read More »