SEOUL, July 11 (Korea Bizwire) – Samsung Electronics Co. has been hit with a patent infringement lawsuit in the United States over its Galaxy series and Family Hub appliances, the latest in a series of recent patent infringement battles. The lawsuit, which asserts four patents, was filed Monday (U.S. time) at the Texas Eastern District [...]
SEOUL, July 11 (Korea Bizwire) — South Korea has developed signal detection technology allowing warships to locate advanced anti-ship missiles diving down onto targets, the state arms research agency said Tuesday, amid efforts to bolster readiness against Pyongyang’s evolving missile threats. The technology detects signals of incoming missiles in two dimensions, paving the way for [...]
SEOUL, July 11 (Korea Bizwire) — South Korea’s steelmaking giant POSCO Holdings Inc. said Tuesday it will sharply expand its production of key rechargeable battery materials over the next seven years to generate more than 60 trillion won (US$46.4 billion) in sales from the sector. POSCO Holdings said it is aiming to generate 62 trillion [...]
SEOUL, July 11 (Korea Bizwire) — South Korea’s population is set to fall to 38 million in 2070 due to its critically low birth rates, data showed Tuesday, with those aged 65 and above set to take up around 46 percent. The figure marks a sharp drop from the 52 million estimated for this year, [...]
SEOUL, July 11 (Korea Bizwire) — K-pop boy band EXO’s new album “EXIST” topped iTunes’ Top Albums chart in 66 nations, and other major music charts at home and abroad, its agency said Tuesday. Released on Monday, “EXIST” ranked No. 1 in major charts, including Worldwide iTunes Album Chart and QQ Music, China’s largest music [...]
SEOUL, July 11 (Korea Bizwire) — Hanwha Systems Co. said Tuesday it has obtained a government license to operate as a satellite internet service provider, as it ramps up to advance into the space internet sector with an eye on military demand. The authorization by the Ministry of Science and ICT allows Hanwha Systems, the [...]
NAIROBI, Kenya, July 11 (Korea Bizwire) — Bridge International Academies is drawing attention to the urgency of educating African girls this World Population Day (11th July) – the first time Sub-Saharan Africa will have the largest population of children on the planet. The schools network, which includes Bridge Kenya, Bridge Nigeria and Bridge Uganda, supports [...]
SEOUL, July 11 (Korea Bizwire) — Samsung Electronics Co. will allow smaller domestic companies to use more of its royalty-free technologies to achieve shared growth, the industry ministry said Tuesday. The South Korean tech giant will transfer 123 kinds of its patent technologies in various sectors, including semiconductors, displays and mobile gadgets, to 86 smaller [...]
SEOUL, July 11 (Korea Bizwire) — Kia Corp. said Tuesday it has appointed Pierre-Martin Bos, a European commercial car expert, as director of the purpose built vehicle (PBV) division at its European operations. Pierre-Martin Bos began working in the newly created position, named PBV director, at Kia Europe from the regional headquarters in Frankfurt on [...]
SEOUL, July 11 (Korea Bizwire) — With Japan’s impending discharge of contaminated water from its crippled Fukushima plant into the ocean, an increasing number of South Korean citizens and small businesses are purchasing radiation meters through online channels. Currently, several online shopping malls offer a variety of portable radiation meters for sale. These devices are [...]