The Korea Electronics and Telecommunications Research Institute (ETRI) announced on Nov. 27 that it has developed 25Gbps “tactile internet technology” by improving 2.5Gbps of the maximum speed of the conventional wired Internet by ten times.This technology enables data transmission in 0.001 seconds,

With content platforms such as Netflix and YouTube increasing their presence in South Korea, a debate is raging over reinstatement of the expired regulations that restrict a paid TV service provider’s market share.Some are advocating reinstatement of the regulations to prevent a certain paid TV serv

Getac Inc., a global leader in rugged smart devices, announced the launch of the new Getac 2in1 Tugged Tablet K120 in Korea through its official partner CS Globiz.Rugged products are durable enough to be used even in harsh environments such as military or construction sites. They are specially desig

The SK Group has established an investment company for investment in semiconductor companies and components producers.According to industry sources, the SK Group established SK Semiconductor Investments in Hong Kong in the third quarter of this year. It is a fully-owned subsidiary of SK Investment M

In the fast-growing Nigerian smartphone market, Samsung Electronics came in first in the third quarter of this year, beating Chinese makers.According to Market Pulse, the latest quarterly smartphone market report released by global market researcher Counterpoint Research on Nov. 26, Samsung Electron

Samsung Electronics and LG Electronics have launched new medical imaging devices in the North American market.The two companies announced on Nov. 26 that they exhibited a variety of medical imaging devices based on artificial intelligence (AI) and ultra high definition (UHD) technology at the Radiol

Internet TV (IPTV) has now taken the throne of the subscription-TV market in 10 years after its launch in 2008. It has focused on a catch-up to the first runner as a latecomer but now it faces competition from global over-the-top (OTT) companies such as Netflix and YouTube. IPTV service providers ar

Seven out of 10 premium TVs costing US$2,500 or more sold in the third quarter of this year were made by Korean companies. Among the top three global TV makers, Sony saw its market share drop 3 percentage points from the first quarter, while Samsung Electronics and LG Electronics expanded their mark

Korean Broadcasters are stepping up pressure on LG Uplus to withdraw from its alliance with Netflix, the world's largest online streaming service provider.LG Uplus started to provide Netflix contents through its Internet TV service this month."We advise LG Uplus to be careful not to be penny wis

LG CNS announced on Nov. 21 that it has signed a memorandum of understanding (MOU) with Lunit, a medical artificial intelligence (AI) service company, for cooperation in public health AI.Under the MOU, the two companies will cooperate to develop an AI-utilizing system that can ​analyze a medical X-r

SK Telecom and Samsung Electronics announced on Nov. 21 that they have signed an agreement on joint R&D on 5G technology to provide unrivaled high-quality 5G services.The two companies agreed to work together for the development of mobility-enhancing technology for the 3.5GHz and 28GHz bands, develo

Korean information & communication technology (ICT) companies that have introduced simple payment services since 2014 are waging a second round of “pay war” with differentiated services.They are seeking to make their services “the third mobile platform” after the search and messenger platforms by ad

Apple may reduce its orders to Korean parts suppliers by up to 30% due to sluggish sales of its new iPhone models.A decreased order volume from Apple may hit Korean manufacturers of related parts such as displays, camera modules, multilayer ceramic chip capacitors (MLCCs) and memory chips.The Apple

A Variety of real estate-related technology businesses have recently got together for the first time at the Korea Proptech Forum and resolved to foster a domestic proptech ecosystem.The Korea Proptech Forum held its inaugural meeting on Oct. 13 and announced the launch of the non-profit organization

The South Korean government and local mobile carriers are planning to launch the world’s first smartphone-based commercial 5G services in March next year. However, the initial coverage of the services in major cities is likely to stand at only 20% to 30%.According to industry sources, SK Telecom, KT

IBM is considering commissioning Samsung Electronics to produce high-performance CPUs for next-generation mainframe servers.According to server industry sources on Nov. 20, Samsung Electronics recently held talks with IBM regarding the production of CPUs using its extreme ultraviolet (EUV) lithograp

Samsung Electronics is planning to link its AI platform Bixby to each of its home appliances to be released until 2020. In addition, it is going to enhance the openness of the Bixby platform so that non-Samsung consumer electronics products can be used with it. The company raised an investment fund

Global demand for organic light-emitting diode (OLED) TV panels will increase to 6.7 million units by 2020 from 2.9 million units this year, market researcher IHS Markit predicted on Nov. 19.Currently, LG Display is the only panel maker in the world that has successfully commercialized OLED TV panel

Kakao Pay Corp., a mobile finance unit of South Korean mobile messaging giant Kakao Corp., is expanding its business from simple payment and remittance services to investment services. The company will also expand its offline “QR code” simple payment service to Japan and China. This is part of its s

Chinese memory chip maker Yangtze Memory Technologies Co. (YMTC) is pushing to start mass production of the sixth-generation 128-layer 3D NAND flash chip in 2020. YMTC, which barely revealed its 32-layer NAND prototype in October, has set the ambitious goal to leapfrog 64-layer and 90-layer NAND and