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Samsung Electronics’ industry-first 3D vertical NAND flash memory.(photos: Samsung Electronics) Samsung Electronics is changing its way of thinking to overcome technology limitations.  The world memory technology leader said on Aug. 6 it has begun mass-producing the industry’s first three-d…
Chairman Chey Tae-won inspects a SK Hynix Semiconductor chip plant.(Photo:SK Hynix) SK Hynix posted record Q2 sales of 3.932 trillion won and record operating profit of 1.113 trillion won, the largest quarterly profit in the company’s history, the company said recently. Quarterly sales expanded 4…
KT has launched a marketing blitz to allow its customers to freely use twice as much data as the previously allowed levels.(Photo : KT)KT, preparing for the launch of the Long-Term Evolution Advanced (LTE-A) system, which is two times faster than the existing LTE, has allowed customers to freel…
Park In-shik, president in charge of overall business at SK Telecom, and Sulli, a member of the quintet girl group fx, hold a smartphone at a session to demonstrate the world’s first LTE-Advanced service at the SK Telecom T-Tower in Seoul on June 26. (Photo : SK Telecom)SK Telecom has lau…
KIOST President Kang Jung-keuk (Photo : KIOST)The Ministry of Oceans and Fisheries (MOF) said it will test-operate a deep-sea mineral resources mining robot dubbed “Minero” at a point 1,380 meters below the sea surface 130 km east-southeast of Pohang on July 19. The robot, developed with Korea’s…
KT Chairman Lee Suk-chae unveils his company’s plan to invest in network transformationand the expansion of the virtual goods space at a meeting with reporters on June 11 to mark the 4th anniversary of consolidating KT and KTF.  [ Photo on courtesy of KT]    KT is turning t…
SK Telecom President Ha Sung-min[ Photo on courtesy of SK Telcom]   SK Telecom, the nation’s largest telecom services provider, is focusing on two things in regards to its social responsibilities — pursuing coexistence in favor of public interests and social contribution activities.…
Two models demonstrate a paid 4-in-1 multi-view service introduced by LG U+ for the first time in the world.  [Photo on courtesy of LG U+]   Family members often find themselves in disagreement over what to watch on TV — mom wants to watch a drama program, dad is tryin…
President Park gives her commemorative speech at the Invention Day anniversary event.President Park Geun-hye said her government plans to create an optimum environment so that creative aspirations and innovative determination can be well protected and in full blossom.“Policy capability will be conc…
President Shin Jong-kyun of Samsung Electronics IT & mobile communications division is awarded the Order of Industrial Service, Gold Tower a the 48th Invention Day anniversary event in Seoul on May 15.Shin Jong-kyun, president of Samsung Electronics IT & mobile communications divis…
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Economy/Finance
Chairman Yun Jong-kyu of KB Financial Group KB Financial Group logged the best results in its history last year to take over the top position among rival financial groups in the country with its net profit coming to around 3 trillion won, the first …
Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG) Shinhan Financial Group netted 2.917 trillion won in net profit last year, the second biggest since 2011 when the financial group logged 3.100 trillion won in net profit, the group sa…
Chairman Choi Jong-ku of Financial Services Commission(FSC)(Photo: FSC) Starting Jan. 30, Korea will only allow authenticated bank accounts to be involved in virtual currency trading  Those with virtual currency accounts created by banks after…
New Chmn. Kwon Yong-won of Korea Financial Investment Association(KOFIA). Chairman Kwon Yong-won said he will be a leader in financial sector deregulation while running the Korea Financial Investment Association (Kofia) over the next three years. H…


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