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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.

Samsung to solidify lead in hyper-connected with 5G, AI, IoT

Koh Dong-jin, president of Samsung Electronics, speaks during the 2019 Samsung AI Forum at the company's R&D center in Seoul, Tuesday. / Courtesy of Samsung ElectronicsBy Baek Byung-yeulSamsung Electronics is seeking to take the lead in the “hyper-connected world” where everything is connected via internet and mobile apps, by enhancing its fifth-generation (5G) networks, artificial intelligence (AI) capability and internet of things (IoT) technologies, the head of the company's smartphone unit said Tuesday.“In the era of a hyper-connected world, where everything is connected through 5G, AI and IoT technologies, a company that can provide a distinctive user experience will become the global business winner,” Koh Dong-jin said during the second day of the 2019 Samsung AI Forum at the firm's R&D campus in Seoul.Stating that “5G and AI technologies are backbones for smartphones, wearable, speakers, IoT, augmented reality (AR) and virtual reality (VR), and provide a turning point for our everyday lives,” the president said, “Samsung will t

Nov 5, 2019By Baek Byung-yeul
Samsung to solidify lead in hyper-connected with 5G, AI, IoT

Formlabs rolls out 3D printers in Korea

David Tan, general manager of Asia Pacific and Japan region at Formlabs, speaks during a press conference in Seoul, Tuesday. / Courtesy of FormlabsBy Baek Byung-yeulFormlabs, a U.S.-based maker of 3D printers, released new products here to capitalize on the country's growing 3D printing market, the company said Tuesday.David Tan, general manager of the Asia-Pacific and Japan region for the company, said Formlabs decided to officially release its machines here as Korea is one of the world's manufacturing powerhouses.“Why we think the Asia-Pacific market is so important for us is the region has three of the top five leading countries ― China, Japan and Korea ― in manufacturing output worldwide,” Tan said during a press conference in Seoul.“Countries in this region contribute to 40 percent of global manufacturing output and Korea is especially important for us because the country has excellent product design capability. With our cost-effective and high-quality 3D printers, we want to help product designers in Korea produce their products accurately and much faster.&rdq

Nov 5, 2019By Baek Byung-yeul
Formlabs rolls out 3D printers in Korea

LG Electronics sues Hisense for patent infringement

LG NanoCell 4K LED TV / Courtesy of LG ElectronicsBy Jun Ji-hyeLG Electronics has filed a patent infringement lawsuit with a district court in California against Chinese multinational appliance and electronics manufacturer Hisense, the Korean tech giant said Tuesday.It claimed most of Hisense's TV products sold in the United States violated its patents, noting that it had also asked that the Chinese company be ordered to pay compensation for the infringements.The latest suit centered on four of LG's patent technologies including one for improving the user interface. Hisense is the fourth-largest TV manufacturer in the world in terms of sales as of first half of this year, and is continuing to expand its presence in the global TV market. LG said it had sent a warning letter to Hisense earlier this year, urging it to stop its infringements and resolve the issue through negotiations. The company decided to take legal action as Hisense had maintained an “insincere attitude” in dealing with the issue. “LG Electronics will continue to react firmly to unlicensed implementa

Nov 5, 2019

Ex-Intel engineer sets up startup for AI data protection

Kim Tae-hoon, founder and CEO of Deeping SourceBy Jun Ji-hyeKim Tae-hoon, a former engineer at Intel, has set up a startup called Deeping Source, aimed at collecting, generating and providing safe-to-use data in the intelligent world. The startup, founded in June last year, has since developed data anonymization technology enabling secure and transparent data collection and sharing.“The technology removes personally identifiable information from data, while preserving use for machine learning and analytics,” Kim said in a recent interview with The Korea Times. He became interested in issues involving personal data, data ownership and copyright while working at Intel.“While a huge amount of data is necessary for artificial intelligence, privacy laws have rapidly become a touchy issue, with people expressing concerns over what would happen with their personal data,” he said. “I thought there would be a greater need for protecting private information in data and protecting the data itself in the distribution process.”He started working at Intel as a p

Nov 4, 2019
Ex-Intel engineer sets up startup for AI data protection

Cooperation in science

Minister of Science and ICT Choi Ki-young, right, poses for a photo with Iselin Nybo, minister for science and higher education in Norway, at Fairfield by Marriott Seoul, Monday, after signing an MOU to foster bilateral cooperation in scientific fields. The two countries vowed to share scientific policies and expand exchanges of researchers. / Courtesy of Ministry of Science and ICT

Nov 4, 2019
Cooperation in science

'No startups in Korea if Tada is illegal'

SoCar CEO Lee Jae-woong speaks during a media conference on Tada's new service in Seoul in February. The rental van-hailing service Tada is operated by VCNC, a subsidiary of SoCar. / YonhapBy Jun Ji-hyeVenture-related organizations here went all out to criticize the prosecution's recent indictment of the heads of rental van-hailing service Tada, Monday, claiming the indictment could put the brakes on ongoing efforts to spur innovation in Korea's economy and develop new growth engine industries.In their joint statement, the Korea Venture Business Association and 16 other organizations said, “Moves made in the private sector to start new businesses to bring about innovation have been obstructed by the public sector, which has resulted in weakening the nation's global competitiveness.”The statement comes as prosecutors indicted Park Jae-uk, CEO of VCNC that operates Tada, as well as VCNC parent company SoCar CEO Lee Jae-woong without detention, Oct. 28, declaring the app-based business “illegal.” The two will face a trial on charges of running an unlicensed trans

Nov 4, 2019
'No startups in Korea if Tada is illegal'
  • Regulators kill startups

Kimchi refrigerators catch on as alternative cooler

By Baek Byung-yeulLG Electronics' kimchi refrigerator / Courtesy of LG ElectronicsSamsung Electronics, LG Electronics, Winia Dimchae and other household appliance makers are enjoying brisk sales of kimchi refrigerators, even though people are decreasingly using them to store homemade kimchi, according to company officials Monday.They said kimchi refrigerators have become an “essential” alternative fridge in many households as more consumers purchase the coolers, designed to store the traditional staple, to store various other food items such as meat, vegetables and fruit.According to data by the World Institute of Kimchi, more Koreans prefer to purchase kimchi rather than laboriously making it themselves, reducing the need for kimchi refrigerators, as the amount of homemade kimchi in 2017 was decreased to 1.22 million tons from 1.47 million tons in 2014.Samsung Electronics' kimchi refrigerator / Courtesy of Samsung ElectronicsHowever, industry data showed the market size of the kimchi refrigerators has increased from around 1 million in 2013 to about 1.3 million in 2018.

Nov 4, 2019By Baek Byung-yeul
Kimchi refrigerators catch on as alternative cooler

Samsung to increase investment in AI

Kim Ki-nam, vice chairman of Samsung Electronics, delivers a key note speech during the 2019 Samsung AI Forum at Samsung's Seocho office in Seoul, Monday. / Courtesy of Samsung ElectronicsBy Baek Byung-yeulSamsung Electronics has vowed to step up its research and development activities in artificial intelligence (AI) technology to maintain a leading position in the fast-changing tech industry, its Vice Chairman Kim Ki-nam said Monday.The tech company hosted a two-day AI Forum in Seoul, inviting prominent scholars and industry experts from around the world. During the first day of the event, Kim stressed the emerging technology has already been integrated into many different industrial sectors and emphasized the need for collective intelligence to make further improvements in the technology.“AI technology has already been influencing various areas of our society. Smart speakers, digital voice assistant services and facial recognition used to unlock a smartphone are representative examples of how AI has changed the world. However, there are challenges and issues to be resolved,"

Nov 4, 2019By Baek Byung-yeul
Samsung to increase investment in AI

Samsung bets on 5G to recapture China's smartphone market

By Jun Ji-hyeSamsung Electronics is seeking to capitalize on China's introduction of fifth-generation (5G) networks to boost its smartphone market share there, which has fallen to below 1 percent, company officials said Sunday.Pedestrians pass by Samsung Electronics' newly opened flagship store on East Nanjing Road, Shanghai. / YonhapThe tech giant opened a flagship store in Shanghai's famous pedestrian shopping street, East Nanjing Road, Oct. 18, which houses the firm's latest smartphones, tablet PCs and smart watches. The 800-square meter store is the largest Samsung store in China. The opening came days before China launched commercial 5G services Friday in major cities such as Beijing, Shanghai and Guangzhou, with the country planning to expand the network to more than 50 cities by the end of the year. Operating the largest store on one of the busiest streets in China is part of Samsung's aggressive marketing strategy as the 5G market there is expected to grow rapidly.“The number of customers who subscribe to the wireless services of China's three telecom companies has reac

Nov 3, 2019

Samsung SDI's ESS safety technology gains global recognition

By Jun Ji-hyeSamsung SDI's energy storage system (ESS) has passed a test developed by global safety certification company UL that recognized its ability to prevent large-scale fires in the systems, the Korean company said Sunday. The lithium-ion battery manufacture said it was the first company in the world to fulfill the rack-level safety standards of the UL9540A test.Developed in April last year, the test evaluates cell, module, rack and system-level safety, measuring the characteristics of thermal runaway, and the amount and composition of gas during such an event. The test results are utilized to define mitigation strategies against ESS fires or explosions. The racks that satisfy the test standards can be installed without a separate fire-fighting system. “We were able to satisfy the UL9540A test for the first time in the industry, based on our efforts to put safety first,” said Seo Kyung-hoon, a vice president in the Samsung SDI marketing team. “We are committed to developing the best-in-class, market-leading ESS safety technology.”After several ESS fires

Nov 3, 2019
Samsung SDI's ESS safety technology gains global recognition
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