• Kakao Talk launches new cyber money

    Kakao Talk, Korea’s largest mobile messenger service provider, said Wednesday it plans to launch its own cyber currency called Choco on Thursday. Subscribers will be able to buy and charge Choco which can be used to buy emoticons at the firm’s app store. Ten Choco will cost 1,000 won, the…

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  • IT-Science

    Fastest 10 million seller?

    Samsung chief touts Galaxy S3 The head of Samsung Electronics’ handset division said Monday that the Galaxy S3 will become the fastest 10 million seller in the company’s history, expecting that it will see better results in the second quarter despite a worsening business environment. However, he denied allegations that…

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  • Dutch court rules for Samsung in patent dispute with Apple

    Samsung Electronics said Thursday it will seek compensation from Apple after the Hague District Court in the Netherlands ruled in its favor regarding a 3G technology patent infringement. “The court orders that the defendant pay Samsung for the damages it suffered since August 4, 2010 as the result of an…

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  • IT-ScienceSamsung SDI strikes energy deal in Germany

    Samsung SDI strikes energy deal in Germany

    Samsung SDI, said Wednesday that it signed a memorandum of understanding (MOU) with German-based KACO for the cooperation of mutually-interested businesses and to supply SDI’s fine-tuned energy storage system (ESS) solutions. The agreement came during SDI’s CEO Park Sang Jin’s participation of an industry forum in Munich, Germany. Under the…

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  • IT-ScienceM&A frenzy

    M&A frenzy

    SK hynix takes over US LAMD to bolster NAND flash business SK hynix has been in the limelight in the global M&A market after taking over two foreign companies in the past month, a move seen as SK Group’s attempt to foster the chipmaker as its growth engine. The bold…

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  • IT-Science

    Chinese space and sea explorers unleash national pride

    BEIJING, June 19 (Xinhua) — Two groups of Chinese explorers have drawn a huge amount of public attention and unleashed national pride in the country’s online community with scientific feats stretching from the faraway heavens to the depths of the sea. One group set a new national record of 6,965…

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  • IT-Science

    China’s manned submersible reaches 6,965 meters under sea

    ABOARD XIANGYANGHONG 09, June 19 (Xinhua) — China’s manned deep-sea submersible, the Jiaolong, reached a depth of 6,965 meters below sea level on Tuesday during its second dive into the Mariana Trench, surpassing a fresh national record set earlier in the day. The vessel sat on the sea bed and…

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  • IT-Science

    China Focus: UN official, experts call for int’l cooperation in space program

    JIUQUAN, June 16 (Xinhua) — China’s space station will be an ideal international cooperation platform and the world is expecting China to escalate its space program, said a senior official of the United Nations after watching the launch of the Shenzhou-9 spacecraft in the Gobi desert on Saturday. Dr. Mazlan…

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  • Autism-causing genetic factor found

    Korean researchers have discovered the genetic factor causing autism, paving the way for proper treatment of the disease. The Ministry of Education, Science and Technology announced Thursday that the Korean research team led by professor Kang Bong-kiun of Seoul National University, Lee Min-goo of Yonsei University, and Kim Eun-joon of…

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  • IT-Science

    Speculation mounts over NCsoft

    CEO Kim’s stake sale may have negative effect on new game Game developer NCsoft is attracting unwanted attention after a recent below market price sale of shares in the company by its chief executive evoked much speculation, while a press conference to trail its forthcoming new game is less than…

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