Online e-commerce businesses are maximizing opportunities for success through Cafe24’s partner companies.Global e-commerce platform Cafe24 held its first "2019 Cafe24 Online Business Fair" at the Yeouido 63 Convention Center on Nov. 14. It was attended by officials from 700 e-commerce businesses and

LG Electronics’ OLED TV was once again selected as the best TV in the U.S. market. The global OLED TV market is growing fast and expected to reach 1 million units in sales in the first quarter.Leading U.S. consumer magazine Consumer Reports recently evaluated about 200 new TV models sold this year i

As Chinese and U.S. TV makers are moving to enter the OLED TV market next year, LG Display is expected to benefit from it as the company is currently the sole producer of OLED panels.Vizio, a U.S. TV producer, and Xiaomi of China will adopt OLED panels next year. OLED panel demand is expected to soa

Samsung Electronics, which has been persistently attacked by non-practicing entities (NPEs) or “patent trolls,” has filed a complaint with a U.S. court to prevent an NPE from litigating repeatedly. As the number of lawsuits filed by NPEs against Korean companies steadily increased to reach 580 over

Professor Lee Sung-ju at the KAIST School of Computing and his research team have developed a technique by which a smartphone app prototype can be produced with only 50 or so lines of program codes instead of 10,000 lines or more.The professor and his team focused on the fact that millions of smartp

Global display makers have waged intense competition to lead the liquid crystal display (LCD) market in recent several years and now they are turning their eyes to the rapidly expanding organic light emitting diodes (OLED) market.Samsung Display and LG Electronics, which are strong in small and larg

Sangyo Times chief editor Izumiya Wataru said at a seminar on Nov. 11 that South Korean semiconductor companies need to focus more on next-generation memory chips and devices rather than material import replacement while maintaining their current value chain based on a win-win relationship with Japa

KT announced on Nov. 10 that it has launched a pilot “Giga Energy Manager Building” service that efficiently manages and controls energy in mid-sized and large buildings based on artificial intelligence (AI).The Giga Energy Manager Building service combines a building automation system (BAS) with KT

LG Electronics filed a patent infringement lawsuit against TCL of China with the Mannheim District Court and the Dusseldorf District Court in Germany on Nov. 6.The gist of the lawsuit is that some of the technologies applied to TCL’s feature phones and smartphones violated LTE standard patents held

Samsung Electronics and SK Hynix are planning to become more conservative in investment to brace for a recession in the DRAM sector in the first half of 2020. This is based on a conclusion that the demand on the server side is unlikely to increase a lot with the release of Intel’s Ice Lake server CP

Taiwanese foundry company TSMC is accelerating investment in micro-fabrication processes to widen its gap with Samsung Electronics.TSMC has recently broken ground on a new foundry plant that will use a 3-nanometer (nm) process. The new plant is expected to start volume production in 2022 at the earl

Defects have been found in Samsung Electronics’ foundry products. Earlier this year, the company had found problems in its first-generation 10-nm (1x ㎚) DRAM products. This time, defects were discovered in its foundry products, undermining the semiconductor giant’s reliability.The defects were cause

Google Cloud will open up the Seoul region (a cloud data center) early next year under a plan to expand its cloud business in South Korea. It has selected Korea as a strategic market and is focusing its investment on it.Google Cloud held “Google Cloud Summit Seoul 2019” at the COEX Convention Center

Chinese consumer electronics companies such as TCL are seeking to expand their presence in the global TV market by launching big screen TVs.TCL has recently launched the new smart 4K TV 100X6C with a 100-inch screen, industry sources said on Nov. 6. TCL's new model is priced at US$11,385. It is

Faced with a prolonged slump in the global liquid-crystal display (LCD) market, Chinese TV manufacturers are considering shifting to organic light emitting diode (OLED) panels. If Chinese companies, which are the main culprit of the oversupply of LCD panels, move into the OLED market, a “generation

Klaytn, the leading blockchain project led by the South Korean Internet giant Kakao, announced on Nov. 7 that its second annual blockchain technology forum TXGX 2019 is taking place on Nov. 29 in Seoul, Korea.This year’s TXGX brings together Klaytn developers and partners to discuss the latest Klayt

Samsung Electronics announced on Nov. 5 that it will increase foldable phone production in 2020.“We will ramp up foldable phone production next year,” said Ko Dong-jin, head of the IM Business Division at Samsung Electronics. He met reporters after attending Samsung Artificial Intelligence (AI) Foru

Samsung Electronics has pulled the plug on the Mongoose Project, scrapping its efforts to develop a central processing unit (CPU) core. The company has laid off about 290 employees at the Samsug Austin Research Center (SARC) in Texas of the United States.The company will also execute reorganization

LG Electronics has filed a patent infringement suit against Hisense, a major Chinese television manufacturer. The lawsuit is the first case since LG sued a Chinese TV company 12 years ago.LG announced on Nov. 4 that it has filed a TV-related patent infringement lawsuit with a district court in Calif

Korea’s semiconductor output and export volume in the first 10 months of the year surpassed that of last year when Korean chipmakers enjoyed the biggest-ever boom. This is quite different from what semiconductor industry watchers predicted earlier this year –- the Korean semiconductor industry will