my timesThe Korea Times

Kim Yoo-chul

Korea Times Business Reporter

Go to Email

Read more

Tech & Science

OLED TVs, connected devices to be highlight at Euro tech fair

By Kim Yoo-chul DUBROVNIK, Croatia ― Organic light emitting diode (OLED) televisions have been the electronics sector’s equivalent of a manned mission to Mars: A sexy concept derailed by technological and financial feasibility questions. Nonetheless, technology giants participating in this year’s IFA trade show will try to convince the world once again that these futuristic flat-screens with super-sharp picture quality are here for real. IFA organizers predict this year’s program to be highlighted by OLED televisions and a breadth of Internet-connected devices, which no longer include only smartphones and computers, but also cameras, televisions and household appliances. Korean technology giants Samsung Electronics and LG Electronics have been major movers and shakers in consumer electronics and mobile devices in recent years, and they will be competing to impress at the upcoming IFA in Berlin. Officials from both companies agree that OLED televisions will be the focus for bragging rights between them in the coming months. ``The IFA is the trendsetter, a platform

Apr 18, 2012By Kim Yoo-chul
Tech & Science

LG Chem strikes deal with Sharp

By Kim Yoo-chul Korea’s LG Chem is going to sign an agreement with Sharp to export patented films for use in 3D screens in what analysts see as a milestone for the Korean company, said an executive from LG Electronics ``The agreement calls for LG Chem to supply its films for use in large 3D TVs by Japan’s Sharp over the next five years and we expect the amount of shipments to gradually increase,’’ said a high-ranking LG executive, Wednesday. The executive directly involved with the deal declined to unveil further contract details. Sharp officials in Korea weren’t available for comment. ``The deal is more about cost-effectivity for LG Chem as it approached Sharp to sell its 3D film technology at a beneficial price, which I mean is a discount from earlier offers,’’ the executive said, expecting the latest deal will help LG Chem further expand its customer base for 3D films. The firm’s cheaper film-based 3D technology, dubbed FPR 3D, has been receiving more responses from Japanese TV majors. Sony and Panasonic, once supported the Samsung-led battery-powered 3D glasses

Apr 18, 2012By Kim Yoo-chul
Tech & Science

Lee Kun-hee vows to fight in family feud

By Kim Yoo-chul Samsung Electronics Chairman Lee Kun-hee said Tuesday that the nation’s most-powerful industrial conglomerate won’t seek a peace treaty with his relatives over the ongoing family feud over a portion of their father’s fortune. ``There will be no compromise with my relatives and the issue associated with a portion of his father’s fortune had already been settled. I think my relatives are requesting more because Samsung is a much larger company,’’ Lee told a group of reporters upon his arrival at Samsung’s headquarters in downtown Seoul. This is the first time for the chairman to comment on the family feud since the dispute erupted in February. ``Again, my stance is very clear. I do not mind bringing the case to the country’s highest court,’’ Lee, who has rarely commented on family-related sensitive issues, told reporters at around 6:30 a.m. on his way to work. Samsung’s chief communications official Rhee In-yong has confirmed the chairman’s remarks in a short briefing to local media. ``The remarks by Chairman Lee mean that he has no plan to drop the la

Apr 17, 2012By Kim Yoo-chul
Tech & Science

Samsung plans to show best ware at IFA fair

Google, Apple to miss the technology show this year DUBROVNIK, Croatia ― Samsung Electronics is expected to dominate the August trade fair in Berlin, Germany, by introducing its latest products and new strategies, according to a senior executive from the IFA trade show organizers. Speaking at the IFA Global Press Conference here, Jens Heithecker, global executive director from Messe Berlin Group, said Samsung Electronics will have a big 65,000-square-meter space to exhibit its goods including advanced organic light-emitting diode (OLED) televisions. The IFA is the biggest technology show in Europe, comparable to the annual International Consumer Electronics Show (CES) in the U.S. desert city of Las Vegas,. ``The time slot at the IFA is the best we can have. The big retail market is the end of the season. We will have more Korean firms but no area expansion. They already have the largest display space. It’s bigger than some shows itself,’’ said Heithecker, who also serves as IFA director. Samsung and LG Electronics are the show’s ``cash cows’’ as they usually exhibit t

Apr 16, 2012By Kim Yoo-chul
Companies

Samsung to unveil new OLED TV in August

By Kim Yoo-chul DUBROVNIK, Croatia ― an ultra luxurious 55 inch flat-screen TV using advanced organic light-emitting diode (OLED) technology will make its debut at the world’s biggest technology trade show in Europe in August, said a senior Samsung Electronics executive. The IFA will take place in Berlin from August 31st to September 5th. ``Samsung is going to unveil its latest OLED TV with an entirely new sleek design concept. That means an improved-design OLED TV is to be exhibited at this year’s IFA show,’’ Michael Zoeller, European marketing director of Samsung Televisions, told reporters Sunday at an IFA global press conference. The Samsung OLED TV will be launched globally in the second half of this year, according to the Samsung executive but otherwise he was tight-lipped on details saying half-jokingly, ``Don’t ask me anything about it.’’ Samsung has confirmed the plan to launch a premium range of televisions. Song Cheol-gyu, a spokesman for Samsung in Seoul, said the company is ``very near’’ to start sales of large screen OLED TVs and mentioned the IFA show

Apr 15, 2012By Kim Yoo-chul
Tech & Science

POSCO CEO to meet Eric Schmit

By Kim Yoo-chul POSCO Chairman Chung Joon-yang Tuesday left for the United States where he will meet with Eric Schmidt, chairman of Internet giant Google, to discuss mutual business opportunities. The Korean steelmaker is seeking to expand what it describes as a strategic partnership with Google, although company officials declined to reveal details of the agenda topics. At the Google’s headquarters in California, ``Chung will discuss a wealth of issues with Schmidt, although his stay in the U.S. won’t be long,’’ said a POSCO official.

Apr 10, 2012By Kim Yoo-chul
Tech & Science

LG CNS to hold a tech conference

By Kim Yoo-chul LG CNS, an LG Group affiliate that provides information tech services, said Tuesday it will hold a technology conference ― Entrue World ― at the Grand InterContinental Hotel in Seoul on April 19. This year’s theme has been set as ``New innovative tools in a world of smart devices,’’ according to LG. Some 1,500 industry executives and company officials will take part in this year’s event. Since 2001, the conference has been regarded as the right podium to discuss the latest trends in the local technology industry, LG CNS said. ``The concept of e-commerce was first unveiled in this conference, also real-time enterprise (RTE) has widely been adopted by many companies since the introduction of the concept,’’ said Oh Sea-chun, the chief of LG CNS’ public relations office, Tuesday. Technology experts including LG CNS CEO Kim Dae-hoon are expected to lead various sessions. Thomas H. Davenport, a professor from Babson College, will make a keynote speech, ``The Era of Analytics and Big Data,’’ the company said. The professor’s choice of theme comes as t

Apr 10, 2012By Kim Yoo-chul
Tech & Science

Samil tapped as accounting advisor for Elpida deal

By Kim Yoo-chul SK hynix, the world’s second-biggest memory chipmaker, has chosen Samil PricewaterhouseCoopers (PwC) as an accounting advisor for its bid to take over for Japan’s Elpida Memory. SK is working with Samil PwC to prepare to conduct due diligence on the Japanese chipmaker, starting in late April, said sources and officials who are close to the matter. ``Samjong KMPG was also considering taking the advisory role. But this was not possible it is already a financial auditor for SK,’’ said one official, Monday. SK hynix spokesman Sohn Kyung-bae declined to confirm. Elpida filed for bankruptcy protection in late February in the largest case of corporate failure among Japan’s manufacturers since the end of World War II. SK hynix was included on a ``secondary list’’ to take over Elpida with other potential buyers including Japanese firm, Toshiba and Micron Technology of the United States, officials said. Attracted by the advanced technology concerning mobile DRAMs and TSV packaging owned by Elpida, top management at SK hynix are seeking to boost its capabil

Apr 9, 2012By Kim Yoo-chul
Tech & Science

Samsung beats Apple in monitors

By Kim Yoo-chul Samsung Electronics surpassed Apple last year in overall unit sales of large-sized LCD monitors using light-emitting diode (LED) as backlight, according to data from DisplaySearch, a market research firm, Monday. This is the first time that the Korean chipmaker outperformed the U.S. rival in the monitor market This is another blow to Apple. Samsung was also the world’s top smartphone maker last year and this year it will likely beat Nokia as the leading maker of all handsets, the research firm said. In 2011, Samsung took up 34.7 percent global share in LED-backlit LCD monitors sized over 24-inch, followed by Apple with 14.1 percent. This is a major victory for Samsung as Apple had taken 30.4 percent in that sector with Samsung garnering 18.3 percent in 2010. ``Samsung passed over Apple in the market for large-sized monitors and we are seeing more market gap,’’ said Song Cheol-gyu, a Samsung Electronics spokesman. Samsung has seen rapid rises in market shares for the items in almost all regions. In South America, Samsung was the top monitor selle

Apr 9, 2012By Kim Yoo-chul
Tech & Science

Google’s surrender

Korea’s regulator plans to ask Google to scrap its privacy policy By Kim Yoo-chul Korea’s top telecom regulator is moving to join forces with its counterparts in the United States and European Union as part of its pitch to scrap the U.S.-based Internet search giant Google’s new privacy policy. ``We are confident that we will be able to completely scrap Google’s new privacy policy, eventually. In order to achieve the goal, we will fully cooperate with regulators in the United States and EU,’’ said an unnamed official from the Korea Communications Commissions (KCC), asking not to be identified, Friday. The comments came a day after the KCC announced that Google had acceded to a request by telecommunications regulator to tweak its privacy policy for Korean users. Top KCC officials have already reached a broad consensus to further push Google to drop its plan as part of a “hidden agenda.” Google previously issued a statement confirming it will provide additional information to help Korean users better understand its new approach to privacy. The statement is considered

Apr 6, 2012By Kim Yoo-chul
previous page
217218219220221
next page

Top 5 stories

Korea Times
About Us
Introduction
History
Contact Us
Products & Services
Subscribe
E-paper
RSS Service
Content Sales
Site Map
Policy
Code of Ethics
Ombudsman
Privacy Policy
Youth Protection Policy
Terms of Service
Copyright Policy
Family Site
Hankookilbo
Dongwha Group
FacebookXYoutubeInstagram
CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.