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Wed, July 26, 2017 | 05:43

Biz & Tech > IT >

SKT develops 'non-hackable' security chip

SK Telecom has developed the world’s smallest “non-hackable” security chip that can be widely used for emerging technologies such as autonomous vehicles, drones and the internet of things (IoT), the company said Sunday. The quantum random number generator measures 5mm x 5mm.

IT | 2017-07-25 17:01

Korea works on stratospheric drone

A state-run aerospace research body is pushing to develop a stratospheric drone that could stay airborne more than a week, in a move to enhance the nation’s telecommunications and meteorological research capabilities. The Korea Aerospace Research Institute (KARI) developed the solar-powered EAV-3 drone in 2013. The unmanned aircraft comes with a flight time of 24 hours. It falls short of its overseas counterparts such as Zephyr from England, which can fly two weeks on a single charge. “The EAV-3 can conduct more research activities only when it can fly at least a week in the stratosphere,” a...

IT | 2017-07-25 16:56

SK hynix monthly profit tops W1 tril.

SK hynix posted a record operating profit of 3.05 trillion won ($2.73 billion) in the second quarter, jumping 574 percent year-on-year, amid the global semiconductor market boom, the company said Tuesday. This means the company gained profits at the rate of about 1 trillion won per month. In its regulatory filing on Tuesday, SK hynix said its sales also reached a record high of 6.69 trillion won, up 70 percent from a year ago. It posted 3.94 trillion won in sales and 452.9 billion won in operating profit in the second quarter of 2016. In terms of profitability, the company’s operating profit...

IT | 2017-07-25 16:46

KT seeking to lead AI sector

Going beyond its status as the nation’s leading telecom company, KT is set to step up efforts to fully develop artificial intelligence (AI) technologies on the back of its cutting-edge infrastructure for deep learning. The nation’s largest fixed-line telecom player has been gaining traction for its massive investments in AI, which is emerging as a core technology in the looming Fourth Industrial Revolution.

IT | 2017-07-25 16:30

Korea OECD leader in open government data

Korea has retained its position at the top of the Organization for Economic Cooperation and Development’s (OECD) ranking for open government data for the second-straight year. According to the OECD’s biennial Government at a Glance report for 2017, released July 13, Korea scored 0.94 points out of 1 to beat France and Japan, which had 0.85 and 0.80 points, respectively, in the category of the “Open, Useful and Reusable (OUR) Data Index.” Britain and Mexico tied for fourth with 0.78 and the United States was 12th with 0.63. The average of OECD member countries was 0.55.

IT | 2017-07-25 15:52

SK hynix's Q2 net profit hits record high on strong chip sales

South Korea's No. 2 chipmaker SK hynix Inc. said Tuesday its second-quarter net profit shot up nearly ninefold, apparently helped by a strong average sales price of dynamic random-access memory (DRAM) and NAND chips. The record-breaking net profit came to 2.46 trillion won ($2.2 billion), soaring from 286 billion won a year earlier, the company said in a regulatory filing. Op...

IT | 2017-07-25 11:25

Samsung tries not to repeat Sony debacle

Samsung Electronics is stepping up its efforts to prevent a recurrence of Sony’s nightmarish battery fiasco back in the mid-2000s. The Tokyo-based electronics giant was the world’s leading premium appliance maker until 2006, when 4 million Dell laptops were recalled for “exploding batteries” supplied by Sony. At the time, Sony was unmatched in areas such as imaging technologi...

IT | 2017-07-24 16:59

Samsung SDI goes all out to provide safer battery

Samsung SDI is expected to post a major turnaround this year, overcoming a recent battery fiasco surrounding the ill-fated Galaxy Note 7 smartphones. The battery affiliate of Samsung Group suffered its worst-ever crisis last year when the flagship Samsung smartphone was mired in a scandal surrounding its exploding batteries.

IT | 2017-07-24 16:57

LG Chem seeking to become global top 5 player

LG Chem has set its sights on joining the pantheon of the world’s top five chemical firms by 2025 with a massive investment and enhanced business portfolio. The Seoul-based company believes that such efforts will help prepare itself for the looming Fourth Industrial Revolution that is expected to introduce sweeping changes in the industry.

IT | 2017-07-24 15:55

SK Group chairman seeks court arbitration to end marriage

SK Group Chairman Chey Tae-won is seeking divorce through court arbitration. According to Yonhap News Agency, Chey asked the Seoul Family Court to arbitrate, last Wednesday. Judge Lee Eun-jung will soon call in Chey and his wife Roh Soh-yeong for talks. The date for the first hearing is undecided. If the arbitration fails, Chey will be allowed to file a divorce suit.

IT | 2017-07-24 14:53

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Park's impeachment