As Samsung Electronics Co. is set to unveil the Galaxy S10 series and a foldable phone at the same time, industry watchers are speculating about how many units the company will be able to sell. They are wondering whether the Galaxy S10 series can sell more than 40 million units.Samsung Electronics i

At a press conference held in San Francisco last November, Koh Dong-jin, head of the IM division at Samsung Electronics, explained the merits of a foldable phone in terms of software rather than hardware. Koh judged that consumers would not buy a foldable smartphone before understanding why such a p

LG U+ has installed 86 terabit (Tbps) router equipment in its Internet backbone network in preparation for the opening of the 5G era. The router can process 2,400 DVDs (4.3 GB) in one second. A 4.3 GB DVD can store one UHD movie. It is more than seven times faster than the router that has been used

LG Innotek announced on Feb. 19 that it has recently started mass production of the time of flight (ToF) 3D sensing module for smartphones. This module will be installed on the front of the company’s new flagship smartphone LG G8 ThinQ, which will be unveiled on Feb. 24.The ToF module is a state-of-

With the memory chip segment of the global semiconductor industry going into a downturn, the non-memory segment is expected to lead the growth of the industry this year. The foundry market, in particular, is likely to show a significant growth based on an increasing semiconductor chip design demand

Kwon Bong-seok, president and head of LG Electronics' Mobile Communications (MC) & Home Entertainment (HE) division, held a press conference at LG Science Park in Seoul on Feb. 15 and said, "We will unveil the premium G8 phone for the fourth generation (4G) network, the V50 for 5G, as well as a

LG CNS announced on Feb. 17 that it signed a strategic agreement with Amazon Web Services (AWS) on the cloud business at its headquarters in Magok LG Science Park on Feb. 15.A signing ceremony was held with the attendance of Kim Young-seop, president of LG CNS; Hyun Shin-kyun, CTO and vice president

SOMESING, a blockchain-based social music service application, announced on Feb. 15 that it has signed a strategic alliance with Keypair, a renowned Korean developer of electronic wallet for cryptocurrencies.“SOMESING's vision is to build a service that allows singing to be part of users' ev

South Korean semiconductor companies are keeping their eyes and ears open as China has reportedly proposed to increase its U.S. semiconductor purchases to US$200 billion (225.90 trillion won) in the next six years, which is about a five-fold increase from the current level. However, many experts say

The cash reserves of Samsung Electronics Co. exceeded 100 trillion won (US$88.53 billion) last year for the first time since its foundation thanks to the “super boom” in the global memory semiconductor market. Analysts are speculating that the company may pursue an aggressive merger and acquisition

Mobile World Congress (MWC) 2019 is scheduled to kick off in Barcelona, Spain on Feb. 25. There, major South Korean mobile carriers are expected to show off their commercial 5G services. In addition, global IT and media companies are expected to form 5G service and content partnerships with them wit

DigiTimes, a daily newspaper for semiconductor, electronics, computer and communications industries in Taiwan and the Greater China region, reported on Feb. 15 that Global Foundries may be sold after its downsizing that started last year.Global Foundries is currently the world’s third-largest foundr

SOMESING, a social music network service app, announced on Feb. 15 that it has signed a strategic partnership MOU with ContentBox, the largest distributor of global audio content in Korea.SOMESING, which is based on blockchain technology, aims to provide a free music service for users who love singi

LG Electronics announced on Feb. 14 that its new flagship smartphone LG G8 ThinQ would come with innovative sound technology called crystal sound OLED (CSO), which generates sound from the smartphone's display.The company developed the premium sound system by combining its original audio technol

LG U+ has finally decided to take over CJ HelloVision to expand its presence in the domestic pay TV market.The company’s board of directors convened on Feb. 14 to approve its plan to acquire 50 percent plus one share of CJ HelloVision from CJ ENM, which holds 53.92 percent (41,756,000 shares) of the

KT announced on Feb. 12 that it has applied a mesh structure to its 5G backbone network for the first time in Korea to provide high-quality, ultra-low-latency 5G communication service.A mesh structure refers to a traffic processing structure where regional centers are directly connected among themse

South Korean cryptocurrency exchange Bithumb announced on Feb. 12 that it has recently signed a memorandum of understanding (MOU) with Abu Dhabi-based N-VELOP to establish a joint venture cryptocurrency exchange in the United Arab Emirates (UAE).The two sides aim to establish the first authorized fi

The size of the South Korean Internet of Things (IoT) industry has grown by nearly two times in four years. Based on such growth, the country’s IoT market is expected to become the fifth largest in the world this year after the United States, China, Japan and Germany.The Ministry of Science and ICT

The Supreme Court practically ruled in favor of the Fair Trade Commission (FTC) in a suit filed by Qualcomm Inc., the largest mobile chipmaker in the world, to revoke the penalty imposed on it by the Korean antitrust watchdog.Previously, the FTC fined the chipmaker 273.2 billion won (US$242.74 milli

Global semiconductor manufacturers are about to release 5G modem chips one after another with a number of 5G smartphones scheduled to be unveiled at Mobile World Congress (MWC) 2019 on Feb. 25.Apple is reportedly developing its own 5G modem chip. According to LetsGoDigital, a Dutch online magazine,