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Thu, July 19, 2018 | 18:47

Biz & Tech > IT >

Kwon chosen to steer LG's transition

LG Corp., the holding company of LG Group, will carry out the first reshuffle under its new chairman Koo Kwang-mo as LG Uplus Vice Chairman Kwon Young-soo and LG Corp. Vice Chairman Ha Hyeon-hoe will likely switch roles, the group said Thursday.

IT | 2018-07-13 16:56

Naver to offer cloud service to Mirae Asset Daewoo

Naver Business Platform (NBP), the cloud and data management subsidiary of Korea's largest portal operator Naver, will provide cloud service to the country's top securities firm Mirae Asset Daewoo, the company said Friday.

IT | 2018-07-13 16:54

LG Electronics files patent suit against French firm Wiko

LG Electronics has filed a patent suit against French smartphone maker Wiko in a German court for infringing on its patent rights in long-term evolution (LTE) technology, the Korean tech firm said Wednesday.

IT | 2018-07-11 17:26

Korean products losing global brand power

Korea is losing its global market share in major industrial products as China is rapidly catching up in highly advanced technology under its ambitious “Made in China 2025” plan. Korean companies placed first in seven industrial categories last year, unchanged from 2016, while Chinese firms were ranked first in nine categories, one more than in 2016, according to a survey by t...

IT | 2018-07-11 17:25

HR management apps popular on 52-hour workweek

Smartphone apps developed by startups to automate companies’ personnel management are attracting attention, at a time when anxiety and confusion still linger at businesses here after the 52-hour workweek went into force July 1.

IT | 2018-07-11 16:46

SKT injects AI into LED lighting devices

SK Telecom has released a light-emitting diode (LED) lighting device embedded with an artificial intelligence (AI) platform in response to the rapidly growing market for LED products and the heightened interest of customers, the company said Wednesday.

IT | 2018-07-11 16:18

Korean lawmakers racing to regulate crypto, ICO, blockchain

Rep. Park Yong-jin of the ruling Democratic Party of Korea, Rep. Chung Tae-ok of the main opposition Liberty Party Korea (LPK) and Rep. Choung Byoung-gug of the minor opposition Bareun Mirae Party are most committed to the issue. They plan to submit their respective bills regarding the legal status of cryptocurrency and requirements for crypto exchanges, among other things.

IT | 2018-07-11 14:08

British regulator to fine Facebook over data protection breaches

Britain’s information regulator said on Wednesday she intends to fine Facebook (FB.O) for breaches of data protection law as her office investigates how millions of users’ data was improperly accessed by consultancy Cambridge Analytica. Facebook CEO Mark Zuckerberg has faced questioning by U.S. and EU lawmakers over how Cambridge Analytica improperly got hold of the personal ...

IT | 2018-07-11 09:40

China approves LG Display's OLED plant

LG Display said Tuesday it had received approval from the Chinese government to build an OLED display production facility in the southern Chinese city of Guangzhou. With a combined investment of roughly 5 trillion won ($4.48 billion), the Guangzhou plant is a joint venture, 70 percent owned by LG Display and 30 percent owned by the Guangzhou Development District. LG Display s...

IT | 2018-07-10 19:32

IBM, Fujitsu struggle in Korea on falling sales

IBM, Fujitsu and other global IT companies are grappling with falling sales in Korea as they fail to meet the rapidly changing needs of their corporate consumers amid the Fourth Industrial Revolution. IBM Korea, subsidiary of the U.S.-based tech giant, has seen the sales of its corporate IT hardware and software decline because more companies opt to use cloud servers rather t...

IT | 2018-07-10 18:09

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