SEOUL, Sept. 23 (Korea Bizwire) — LG Electronics Inc. said Thursday it has signed a deal to acquire a stake in Israel-based automotive cybersecurity firm Cybellum in a move to strengthen its growing auto parts business. The South Korean tech giant said it will purchase a 63.9 percent stake in Cybellum and plans to jack [...]
SEOUL, Sept. 16 (Korea Bizwire) — The cloud affiliate of South Korea’s leading internet portal operator, Naver Corp., said Thursday it aims for the No. 3 position in the Asian Pacific region by 2023. “We aim to reach the No. 2 position in the country, and No. 3 in Japanese and Southeast Asian markets by [...]
SEOUL, Sept. 15 (Korea Bizwire) — LG Electronics Inc. on Wednesday said it will launch a new online education-dedicated notebook next month in partnership with South Korea’s internet portal giant Naver Corp. LG will release “Whalebook,” a cloud-optimized laptop powered by Naver’s Whale operating system (OS), suitable for its online education platform Whale Space. The [...]
SEOUL, Sept. 10 (Korea Bizwire) — Samsung Electronics Co. was the fourth largest personal computer (PC) vendor in India in the second quarter of the year, a report showed Friday, thanks to its strong tablet sales. The South Korean tech giant accounted for 9.8 percent market share in India after shipping 403,000 units of PCs, [...]
SEOUL, Sept. 8 (Korea Bizwire) — LG Electronics Inc. said Wednesday that it has been recognized as an international certification institute to test the functional safety of automotive software as the South Korean tech giant eyes to expand its business in the automotive sector. LG said its software testing center was accredited by the Korea [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korea’s personal computer (PC) market in the second quarter expanded slightly from a year earlier, a report showed Friday, on the back of rising demand for notebooks. Domestic PC shipments stood at 1.5 million units in the April-June period, up 3.1 percent from a year ago, according to [...]
SEOUL, Aug. 5 (Korea Bizwire) — South Korea’s ICT ministry said Thursday it will expand support to small businesses to help them ward off ransomware threats after it raised the country’s cyberthreat warning level a day earlier. Cyberattacks using ransomware, a type of malware that holds a target’s data hostage by locking up systems until [...]
SEOUL, Aug. 2 (Korea Bizwire) — Samsung Electronics Co. was the world’s fifth-largest vendor of Chromebooks in the second quarter of the year, a report showed Monday, as the South Korean tech giant aims to expand its presence in the portable PC market amid the pandemic. Samsung had a market share of 7 percent in [...]
SEOUL, July 30 (Korea Bizwire) — Samsung Electronics Co. stayed on as the world’s second-largest tablet computer vendor in the second quarter of the year, a report showed Friday, as it strives to catch up with industry leader Apple Inc. The South Korean giant logged a market share of 18 percent in the April-June period, [...]
SEOUL, July 29 (Korea Bizwire) — LG CNS Co., a major IT service provider under LG Group, said Thursday it has earned a Machine Learning Specialization distinction from Google Cloud as the company strives to expand its presence in the artificial intelligence (AI) sector. LG CNS said it became the first South Korean company to [...]