Cafe24 is expanding its sales channel offerings that e-commerce sellers can integrate with their online stores. Global e-commerce platform Cafe24 said on Sept. 4 that the Wemakeprice and Melchi Shopping online marketplaces were added to the list of sales channels offered through its Total Market Man

Samsung Electronics Co. has been chosen as the sixth most loved brand among young Americans.The company ranked sixth in the “Millennials' Top 100 Brands" list recently released by global marketing agency Moosylvania based in St. Louis, Missouri, U.S. The marketing firm polled 1,000 millennials a

Chinese smartphone maker OnePlus will load QLED panels onto TVs to be released in India in September. As the proportion of low-priced products increases in the QLED TV market, the premium image of QLED TVs which Samsung Electronics has promoted might weaken, market watchers say.OnePlus recently twee

With the South Korean stock market losing steam, South Korean investors’ overseas stock trading volume for this year topped US$14 billion. For reference, their overseas stock trading volume totaled US$12,080.86 million in 2017 as a whole. More and more South Korean stock investors are investing in f

SK Hynix Inc. announced on Aug. 15 the launch of its “Gold S31” solid-state drive (SSD). Gold S31 (SATA III – first generation) is the first of the company’s new SuperCore series of consumer SSDs, an internal drive lineup based on SK Hynix’s core technology.The company says Gold S31 will be a perfec

LG Electronics announced on Aug. 14 that it has signed a business agreement with Lumi of China on Aug. 13 to develop new technologies and expand business in the smart home sector. Under the agreement, the two companies will provide artificial intelligence smart home services in the global market bas

Samsung Electronics was ranked fourth in the annual 2019 Most Innovative Tech Brands survey conducted by Brand Keys, a New York-based brand loyalty and emotional engagement research consultancy.This year, 5,127 U.S. consumers 16 to 65 years of age named companies and brands as technological innovato

While Korean companies have been faltering under unfavorable circumstances at home and abroad, their global competitors are enhancing their competitiveness through acquisitions and partnerships. In particular, Chinese semiconductor companies are increasing their investment in non-memory semiconducto

South Korean investors' offshore securities transactions surged more than 60 percent in the first half of this year against the six-month earlier period as local investors have actively sought for high yielding investment products to offset the lackluster South Korean market.South Korean investo

LS Cable announced on July 23 that it has signed a contract to supply 130 kilometers of submarine cables to an offshore wind farm in Taiwan.LS Cable will supply submarine cables to the offshore wind farm in Miaoli in the western part of Taiwan by 2021 through a contract with Belgian construction com

Dynamics Inc., an American payment solution company, has recently filed a lawsuit against Samsung Electronics, claiming that it violated Section 337 of the Tariff Act of 1930 with regard to mobile devices including multifunction emoulators. The United States International Trade Commission is going t

NXC Corp. CEO Kim Jung-ju has recently informed potential buyers of his company of his decision to scrap the bidding process. Kim recently sent an e-mail to participants in the public tender through Morgan Stanley, the leading manager of the sale. He also individually contacted the leaders of the co

Oracle Korea announced on July 3 that it would open a new data center within a year after it established the first one, dubbed Seoul Region, in May this year.Oracle's second-generation cloud data center is distinguished from first-generation services of the existing service providers like Amazon

South Korean investors’ overseas stock transactions are expected to reach a record high this year again. The figure came to US$18.07 billion (21.16 trillion won) in the first half of the year alone, far surpassing half of last year’s total. Exchange traded funds (ETFs) took five of the top 10 spots

Samsung Electronics has begun to expand the ecosystem for Bixby, its artificial intelligence (AI) personal assistant.The company opened a Bixby marketplace on June 27 where some Korean and U.S. users of its smartphones can download “Bixby Capsules.” The “capsule” concept was first introduced by Sams

South Korean retail investors are shopping overseas stocks despite many factors to be considered such as fees, exchange rates and taxes. The reason is simple: a higher earnings rate. They prefer to purchase foreign stocks directly despite inconvenience rather than wait for ages to see stock prices g

SK Group plans to move all IT systems of its affiliates to the cloud by 2023 to enhance IT scalability and flexibility by tapping into the latest digital technology.SK Group has recently set up a group task force (TF) to establish a road map for cloud conversion. The roadmap will be finalized by the

The United States International Trade Commission (USITC) decided on June 19 to investigate seven IT companies, including Samsung Electronics, regarding possibilities of touch screen-related patent infringement. The decision is based on a request from Neodron, which is headquartered in Dublin, Irelan

The South Korean cloud computing market has been dominated by global players such as Amazon Web Services and Microsoft, whose combined market share is currently as high as 80 percent. South Korean IT companies are trying to make a breakthrough with multi-cloud attracting much attention these days an

Intel, which has been suffering a supply shortage of central processing units (CPUs) from last year, chose Samsung Electronics as its foundry service provider instead of Taiwan’s TSMC, the largest foundry firm in the world. This seems to be a strategic decision not to upset the U.S. government which