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Fri, June 23, 2017 | 14:09

Biz & Tech > IT >

Social media fatigue spreading

The explosive popularity of social media among Korean users is starting to subside amid a sense of fatigue on excessive information from the new medium, according to industry sources, Monday. Data showed the numbers of users on major social media sites such as Facebook and Kakao Story are decreasing this year. According to market tracker Nielsen KoreanClick, the monthly active users of Facebook remained at 9.96 million in May, down 13.1 percent from 11.45 million a year earlier. That of Kakao Story was 12.59 million, down 17.76 percent from 15.31 million. Twitter also lost over 10 percent of...

IT | 2017-06-22 19:54

Gov't pushes to cut telecom fees by W4.6 trillion

The government will increase the monthly telecom fee discount rate to 25 percent from 20 percent to reduce household telecom expenses by 4.6 trillion won a year. Those who sign up for a one-year or two-year service subscription contract with a mobile carrier can choose either the monthly rate cut or a one-time subsidy on a new handset purchase. According to the State Affairs ...

IT | 2017-06-22 17:43

Lawmaker targets foreign 'tax dodgers'

Foreign IT giants here such as Google, Apple and Cisco may have to make public their sales and management data as a lawmaker is proposing a bill to stop their alleged tax evasion. The Korean branches of those multinational firms have in recent years taken advantage of legal loopholes by operating their businesses as limited liability companies that are not obliged to reveal h...

IT | 2017-06-22 16:26

SK hynix's consortium preferred for Toshiba unit

A consortium including SK hynix has been selected as the preferred bidder for Toshiba Corp.’s memory chip unit. Toshiba’s board of directors decided Wednesday to pick the consortium led by Innovation Network Corporation of Japan (INCJ) as it offered the best price and other contract terms, the Tokyo-based company said. “Toshiba’s intention is to reach a mutually satisfactory definitive agreement with the consortium by the date of its annual ordinary general meeting of shareholders, scheduled for June 28, and to close the transaction by March 2018,” it said.

IT | 2017-06-21 16:57

Sony high-end camera delivers crystal clear images in compact design

Sony’s flagship high-end camera, RX10 III, looks to be the best fit for those looking to take professional-level photos without the hassle of bulky and hard-to-control devices. The camera, when coupled with a 24-600 mm zoom lens, delivers crystal-clear images comparable to those of digital single-lens reflex (DSLR) cameras.

IT | 2017-06-21 16:56

Samsung SDS launches AI-based big data analytics tool

Samsung SDS has launched an artificial intelligence (AI)-converged big data analytics tool to expand its business-to-business (B2B) client base in the lucrative data-processing industry. The IT systems and logistics affiliate of Samsung Group unveiled the Brightics AI data-processing software Wednesday for enterprise-level customers here and abroad. Brightics is a combination...

IT | 2017-06-21 16:42

SK hynix's consortium tapped as preferred bidder for Toshiba

A global consortium including South Korea's SK hyinx Inc. was tapped as the preferred bidder for the sale of the memory arm of Japanese tech giant Toshiba Corp., industry sources said Wednesday. Toshiba earlier put its stake in its memory operations up for sale as it struggles with losses from its nuclear power business in the United States.

IT | 2017-06-21 14:42

Gov't backs off from lowering telecom fees

President Moon Jae-in’s plan to scrap basic monthly telecom fees has practically run aground as the State Affairs Planning Advisory Committee is seeking alternatives to cut household telecom expenses. During his presidential campaign, Moon pledged to scrap the 11,000 won ($9.6) basic telecom fee, aiming at reducing the telecom expense of households. The committee, which has b...

IT | 2017-06-20 19:08

Samsung pushes VR content biz thru acquisition

Samsung Electronics has acquired a U.S. startup in its bid to establish a virtual reality (VR) content production business, the company said Tuesday. The electronics company bought New York-based VR content production firm VRB for $5.5 million on April 17. The move is part of Samsung’s drive to boost its content production capability, adding to its VR-related hardware manufacturing business. “On the back of its leadership in the global smartphone market, Samsung has had a head start in the VR device market worldwide,” an industry source said.

IT | 2017-06-20 19:05

Samsung to unveil Galaxy Note 8 in August

Samsung Electronics is expected to unveil the Galaxy Note 8 in August. The world’s largest smartphone maker is planning to unpack its latest flagship jumbo phone in New York, according to the mobile communications industry Tuesday. But Samsung did not specify a date. The unveiling is strategically ahead of the iPhone 8's projected September launch and is designed to steal the show, according to market watchers.

IT | 2017-06-20 16:41

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