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Tue, October 4, 2022 | 10:14

LG CNS, Unity Technologies forge partnership for metaverse business

LG CNS has forged a partnership with U.S.-based game engine maker Unity Technologies so that the two sides will perform businesses in emerging metaverse businesses such as virtual offices, virtual factories and virtual distribution, they said Thursday. LG CNS is the IT service arm of LG Group. Recently, the company has been concentrating on digital transformation-related busi...

Baek Byung-yeul | 2022-09-29 16:12

Korea could suffer huge losses as Russia sanctions inhibit satellite launches

Korea is feared to lose a total of 47.2 billion won ($33 million) paid to Russia in deposits for contracts to use Russian rockets to put Korean satellites into orbit, according to an independent lawmaker, Thursday.

Park Jae-hyuk | 2022-09-29 16:01

South Korea decides to scrap satellite launches using Russian rockets amid sanctions

South Korea has decided to cancel plans to launch satellites using Russian rockets later this year amid the international community's sanctions on Russia's space program over the Ukrainian war, a government document showed Wednesday.

2022-09-28 20:17

Korea to introduce 6th supercomputer in 2023

Korea will introduce the country's sixth supercomputing system, which is 32 times faster than the currently most advanced Nurion supercomputer, next year as part of the country's efforts to promote the advancement of science and contribute to the national economy in terms of disease research, materials development necessary for high-tech industries and artificial intelligence...

Baek Byung-yeul | 2022-09-27 16:39

[ANALYSIS] Will Samsung join Arm's US listing process?

SoftBank founder Masayoshi Son's plan to meet Samsung Electronics Vice Chairman Lee Jae-yong in Seoul comes just months after the global tech investor dropped plans for the London listing of British chip designer Arm due to the departures of investment minister Gerry Grimstone and digital minister Chris Philp following the resignation of of U.K. Prime Minister Boris Johnson. ...

Kim Yoo-chul | 2022-09-26 13:26

LG CNS CEO meets with Google Cloud CEO

Kim Young-shub, right, CEO of LG CNS, poses with Thomas Kurian, CEO of Google Cloud, after signing a Digital Transformation Partnership at the latter's headquarters in Sunnyvale, California, in this photo provided by LG CNS, Sunday. LG CNS said this is the first time that Google Cloud signed a partnership with a Korean company, adding that the two will cooperate on expanding ...

Baek Byung-yeul | 2022-09-25 16:50

Samsung chief's comments viewed as intent to acquire British chip design company

Samsung Electronics Vice Chairman Lee Jae-yong showed his intention to acquire British chip architecture design company Arm from Japan's SoftBank as the Samsung Group leader made public a plan to meet SoftBank CEO Masayoshi Son in Seoul next month. Considering Samsung's secretive nature, industry analysts said Thursday that the Samsung leader's remarks come as a surprise and ...

Baek Byung-yeul | 2022-09-22 16:44

Samsung inks deal to provide 5G solutions to Comcast

Samsung Electronics said Thursday it will provide 5G solutions to America's largest cable service provider, Comcast, in its latest deal as one of the world's biggest 5G network services providers.

2022-09-22 09:40

[INTERVIEW] Evolving from platform operator to facilitator

The way consumers purchase products has changed drastically over the past few decades, from door-to-door salesmen and billboard ads to digital advertisements.

Kim Yoo-chul | 2022-09-22 09:38

Dyson launches powerful Gen5 Detect cordless vacuum cleaner

Dyson launched its new cordless vacuum cleaner the Dyson Gen5 Detect that reduces power consumption while enhancing suction power, the company said, Wednesday. The U.K-based company said the Hyperdymium motor the new cleaner uses is smaller, faster and more powerful than the one in its previous cleaner the V15 Detect. It provides extra-powerful suction compared to existing hi...

Baek Byung-yeul | 2022-09-21 17:49

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