• IT-Science

    Facebook’s value comes to $104 billion

    NEWYORKㅡ Facebook says it has priced its initial public offering of stock at $38 per share. That’s the high end of its expected range of $34 to $38. It means investor demand is strong for the world’s largest online social network. Facebook now stands to reap as much as $18.4…

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  • IT-Science

    KT CEO blasts big firms for ‘free riding’

      KT Chief Executive Lee Suk-chae has urged the government and the nation’s leading technology companies LG and Samsung Electronics to pay for using its networks. “Korea needs a new paradigm. The digital revolution has changed everything. Despite heavy data traffic amid rapid rises of data-intensive devices such as tablets…

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  • Smartphone users make up 50% of mobile subscriptions

    It is no longer news that smartphones are the current trend among mobile phone consumers but new statistics now back this up. According to data released by the three domestic mobile carriers smartphone users now account for over half of handset subscriptions in Korea. As one of the world’s most-wired…

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  • IT-Science

    Future iPhones may bend, twist

    Future versions of Apple’s iPhone, the definitive mobile device credited for taking the Internet beyond the personal computer, might bend and twist. At least that seemed to be what Samsung Electronics Vice Chairman Kwon Oh-hyun was hinting at when he revealed that the company is getting “huge’’ orders from electronics…

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  • IT-Science

    Daum’s dilemma

    Why is portal site always second to Naver? Ironically, Web portal Daum, meaning “next” in Korean, has been second in line behind domestic rival Naver throughout the last decade. The last time, and with all probability the only time, it was undisputed top-dog of the Korean Internet market was when…

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  • IT-Science

    A game of chicken

    Samsung tussles with LG in OLED market Oversupply is slowing growth in the global display industry triggering another “game of chicken” in this already cutthroat market. The world’s top flat-screen makers ― Samsung and LG Display ― have been competing fiercely to take the lead in advanced displays called OLED…

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  • Game changer

    Samsung Electronics vows to widen gap with Apple Samsung Electronics is seeking to widen its lead over the California-based Apple in smartphones as it believes the just-unveiled Galaxy S3 will be the most successful in the company’s phone-making history. “We strongly believe that the Galaxy S3 is a game changer,…

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  • Business

    Plenty of bang for buck

    Samsung Electronics chalks up record profits on mobile sales Samsung Electronics posted its best quarterly operating profit during the first three months of this year and is expected to improve on it during the seasonally-favorable second quarter. The world’s biggest supplier of flat screens, memory chips and smartphones reported 45.27…

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  • IT-Science

    “One Of These Is Made Of Diamond”

    JERSEY CITY, N.J. — Erno Rubik, the inventor of the Rubik’s Cube, poses for The Associated Press at Liberty Science Center, Wednesday, April 25, 2012, in Jersey City, N.J. The center is hosting an exhibit on Rubik’s Cubes which will include a cube made with diamonds that is worth 2.5…

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  • Internet contributes 0.9 pct to Vietnam’s GDP

    HANOI — Internet contributes 0.9 percent to Vietnam’s GDP and 1.6 percent to the country’s GDP growth rate of 14.4 percent, according to the figures released in a workshop held here on Wednesday. Vietnam is an emerging market for the Internet development, ranking 13th in the world in terms of…

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