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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.

Apple's Vision Pro likely to accelerate Samsung's race in XR eyewear biz

The Apple Vision Pro headset is displayed in a showroom on the Apple campus after it's unveiling in Cupertino, California, June 5. YonhapSamsung Electronics is expected to speed up the development of virtual and augmented reality eyewear, as Apple unveiled its much-anticipated mixed-reality headset, the Vision Pro, earlier this week.The U.S. tech company, on Monday (local time), introduced what it called its first "spatial computing" headset during the Worldwide Developers Conference at the Apple Park Campus in Cupertino, California, joining Facebook's parent company, Meta Platforms, and other players in the race to make high-end, tech-laden devices.Apple said its new $3,499 gadget, to be officially launched early next year, allows users to "interact with digital content in a way that feels like it is physically present in their space," by enabling them to navigate and use various apps with eye and hand control gestures.Apple's headset launch could give an impetus to Samsung, which is no stranger to the wearable market. In 2015, the Korean tech giant launched a virtual reality headse

Jun 7, 2023
Apple's Vision Pro likely to accelerate Samsung's race in XR eyewear biz

Samsung to unveil new foldable phones at Galaxy Unpacked in Seoul

Samsung Electronics' large-sized LED signage is installed at the COEX convention center in Seoul in this September 13, 2020 photo. Samsung said Wednesday that it will introduce its new foldable smartphones at the convention center at the end of July. Courtesy of Samsung ElectronicsBy Baek Byung-yeulSamsung Electronics will hold its Galaxy Unpacked event in Seoul at the end of July, to introduce its latest foldable smartphones, the company said Wednesday. According to the company, the 27th Galaxy Unpacked event will be held at the COEX convention center in southern Seoul, which will be the first Unpacked event in Korea. Though Samsung did not officially announce the name of the products, it is expected that the Galaxy Z Flip 5 and the Z Fold 5 foldable smartphones will be unveiled at the event.Samsung began holding Galaxy Unpacked in March 2010 with the unveiling of the first Galaxy S Model in Las Vegas and has since held the unveiling events in major cities around the world, including New York, San Francisco, London, Berlin and Barcelona.Through the events, Samsung has not only showc

Jun 7, 2023By Baek Byung-yeul
Samsung to unveil new foldable phones at Galaxy Unpacked in Seoul

Korea's 5G users top 30 mil. in April: data

GettyimagesbankThe number of smartphone users on 5G mobile networks had topped 30 million as of April for the first time since the service was commercialized in 2019, data showed Tuesday.The total number of 5G users reached 30.02 million in April, accounting for 38.1 percent of the total 78.79 million mobile subscriptions in the country, according to the data from the Ministry of Science and ICT.SK Telecom, the country's largest mobile carrier by subscriptions, had the most 5G users at 14.35 million as of April, followed by KT Corp. at 90.02 million and LG Uplus Corp. at 64.37 million, the data showed.The number of mobile users subscribed to 4G networks in Korea rose to 46.31 million in April, accounting for 58 percent of mobile subscriptions. SK Telecom led the market with 15.79 million subscribers. (Yonhap)

Jun 6, 2023
Korea's 5G users top 30 mil. in April: data

Korea pushes digital technology exports to Middle East, Japan, ASEAN

Choo Kyung-ho, right, deputy prime minister for economic affairs, speaks during a service industry development task force meeting at government complex in Seoul, Monday. YonhapBy Baek Byung-yeulThe government will expand software-centered information and communication technology (ICT) exports, such as AI and metaverse, and promote market diversification to help domestic companies enter the Middle East, Japan and ASEAN markets as Korea's exports show signs of being impacted considerably by the U.S.-China trade dispute and the global economic downturn, officials said, Monday.The Ministry of Science and ICT announced a strategy to expand the country's high-tech exports by encouraging domestic companies to enter new markets and foster innovative companies in the software sector during a service industry development task force meeting chaired by Choo Kyung-ho, deputy prime minister for economic affairs, and minister of economy and finance.Korea has been focusing on hardware-centered ICT exports, such as semiconductors, displays and smartphones. But due to the global economic turmoil, it h

Jun 5, 2023By Baek Byung-yeul
Korea pushes digital technology exports to Middle East, Japan, ASEAN

Epson Korea launches eco-friendly printers

Shigeo Fujii, president of Epson Korea, speaks during a press conference at JW Marriott Seoul hotel, Monday. Korea Times photo by Baek Byung-yeulBy Baek Byung-yeulEpson Korea launched a multifunctional printer in the country's business-to-business market that uses less electricity with an enhanced maintenance performance feature and emits less carbon dioxide, the company said Monday.“Last fall, Epson announced Epson Purpose, which is aimed at enriching people and the planet with the value it creates through highly efficient, ultra-compact and ultra-precise technologies. The purpose is to demonstrate the value Epson brings to society for a new era,” Shigeo Fujii, president of Epson Korea, said during a press conference in Seoul.“Epson offers products that can save energy with its unique technology that is ultra-compact and highly precise. Together with our customers, we contribute to the improvement of a decentralized society by reducing CO2 and improving working conditions,” he added.Epson Korea's AM-C series multifunction printer is on display at a new produc

Jun 5, 2023By Baek Byung-yeul
Epson Korea launches eco-friendly printers

Samsung focuses on young Chinese smartphone user market

A seen from a short film “Fantastic Night Rhapsody,” which was shot using a Samsung Electronics' Galaxy S23 Ultra smartphone / Courtesy of Samsung ElectronicsFilm shot using Galaxy S23 hits 250 mil. views in ChinaBy Baek Byung-yeulSamsung Electronics has lost ground to Chinese rivals and Apple in China, the world's largest smartphone market, but the maker of the Galaxy smartphone series is trying to keep its foothold there by strengthening marketing efforts toward young consumers, according to the company, Thursday.The company said that it has begun to engage younger consumers in China via various cultural marketing efforts, including movies and art. As part of its efforts, Samsung partnered with Shanghai Disneyland and released a short film on May 20.The movie, titled “Fantastic Night Rhapsody,” was entirely shot with Samsung's latest high-end smartphone Galaxy S23 Ultra. Samsung said the short film has been well-received in the Chinese market, surpassing 250 million views within just 10 days of it being released.The 27-minute film, starring actress Jin Chen

Jun 1, 2023By Baek Byung-yeul
Samsung focuses on young Chinese smartphone user market

Netmarble to roll out 3 new games from July

Kwon Young-sig, CEO of Netmarble, speaks during a new games announcement event at the company's headquarters in Seoul, Thursday. Courtesy of NetmarbleBy Baek Byung-yeulNetmarble will release three new games in Korea and the global market in July as part of its efforts to make up for its poor performance, having posted operating losses for five straight quarters since the first quarter of 2022, the company CEO said Thursday.“Through the showcase today, we are introducing our new games. These games are accessible to everyone and feature immersive gameplay. We expect them to perform well in the global market thanks to their low entry barrier, animated artwork and excellent game strategy,” Kwon Young-sig, CEO of Netmarble, said while introducing its new games Tower of God: New World, Grand Cross: Age of Titans and Seven Knights Idle Adventure.Kwon emphasized that the games are aimed not only at the Korean market but also at users in the global market.“All three will be released in the global market. Some of the games are very popular in Korea, some are popular genres in

Jun 1, 2023By Baek Byung-yeul
Netmarble to roll out 3 new games from July

INTERVIEW Partnership with allies is key to Seoul's space plans

A TV screen shows an image of North Korea's rocket launch during a news program at Seoul Station in Seoul, Monday. AP-YonhapThis is the first in a two-part interview series with experts regarding the validity of South Korea's aim to become a real player in the burgeoning space sector after the successful placement of small satellites into geosynchronous orbit on May 25 during the third launch of the locally-developed rocket Nuri, also known as KSLV-II. _ ED. 'S. Korea has opportunities for satellite design, components and integration in global space ecosystem' By Kim Yoo-chulWashington has persistently shown concerns about Beijing's technological rise. The impact of the COVID-19 pandemic was huge both for the U.S. and China, from a supply chain perspective. China's lockdown hugely affected key industries in the U.S. as China is largely responsible for producing materials and parts vital to the operation of U.S. factories.Such factors have led top policymakers in Washington to raise the necessity of reexamining the degree of connectivity that exists between U.S. companies and Chinese

Jun 1, 2023By Kim Yoo-chul
[INTERVIEW] Partnership with allies is key to Seoul's space plans

LG Innotek develops flexible automotive lighting

An LG Innotek employee poses with the company's Nexlide-M vehicle lamp, Wednesday. Courtesy of LG InnotekBy Baek Byung-yeulLG Innotek developed Nexlide-M, a flexible and stereoscopic automotive lighting targeting the high-priced luxury car market, the company said Wednesday.LG Innotek has used a flexible resin material that bends smoothly for mounting on vehicles in various configurations, including as daytime running lights, rear combination lamps such as taillights, stop lights and turn lights.The company tried to use a minimal number of components as the product is made by pasting multiple light source packages on a thin substrate. Nexlide-M can create images of line and surface with only light and it is four times brighter than previous products, LG Innotek said.“To spread the light evenly, we need to have a thickness of air layer called an air gap inside the lighting. The air gap is essential for light distribution, but it was a challenge for us to minimize it to create a slimmer lighting product,” the company said, adding that it succeeded in eliminating the air lay

May 31, 2023By Baek Byung-yeul
LG Innotek develops flexible automotive lighting

Naver suffers shrinking online search market share

Naver's recently redesigned search engine shows multimedia search results including photos and video clips. Naver said these changes are in anticipation of the upcoming application of AI technology to its search engine. Courtesy of NaverBy Baek Byung-yeulNaver, the country's largest internet company, is losing its share in the search engine market as users flock to more convenient artificial intelligence (AI) chatbot services such as OpenAI's ChatGPT, Microsoft's Bing and Google's Bard, all of which are based on generative AI technology, according to industry officials, Tuesday. The conversational AI chatbot services, which guide users as if they were talking to a human, are threatening Naver's dominant position in the domestic search engine market, creating a crack in the company's 20-year dominance, they said.They also pointed out that as more users are searching not only through these AI-based search platforms but also through YouTube and other platforms that provide personalized services, Naver needs to offer search services that can read individual tastes.According to the data f

May 30, 2023By Baek Byung-yeul
Naver suffers shrinking online search market share
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