SEOUL, April 19 (Korea Bizwire) – A team of enterprising individuals has proven that you can make money cashing in on Apple’s refurbished iPhone service, as long as you have the right partners. The members of a small crime ring were arrested yesterday on charges of fraud and misappropriation after they abused Apple’s warranty service [...]
SEOUL, April 19 (Korea Bizwire) – Samsung Electronics Co.’s lawsuit against British manufacturer Dyson in a patent row over a vacuum cleaner mechanism has been withdrawn from a Seoul court after the two firms resolved the dispute through arbitration, court officials said Tuesday. The South Korean tech giant filed the suit against the British firm [...]
SEOUL, April 18 (Korea Bizwire) – Samsung Group slashed more than 10,000 jobs last year, the biggest cuts among South Korea’s top 30 conglomerates, according to data from CEO Score, a market research firm. While many of the job losses resulted from the sale of Samsung’s petrochemical and defense businesses, the nation’s largest company is [...]
SEOUL, April 18 (Korea Bizwire) – South Korea’s smartphone makers are rushing to introduce new budget phones as part of efforts to secure a meaningful share of the world’s most important smartphone markets, with competition becoming increasingly heated. On April 17, industry sources revealed that Samsung will release the Galaxy C, a new variant of [...]
SEOUL, April 14 (Korea Bizwire) – Samsung SDI Co., a major chemical unit under the country’s top conglomerate Samsung, said Thursday that it plans to spend around 1 trillion won (US$875 million) this year on beefing up its electric vehicle (EV) battery business. Samsung SDI said it plans to spend 975 billion won this year [...]
SEOUL, April 7 (Korea Bizwire) – In the movie “Mission Impossible: Ghost Protocol”, Tom Cruise secretly takes pictures of classified documents by blinking his eye, using ‘smart’ contact lenses. According to SAM Mobile, a Samsung Electronics blog, the company applied for a patent in the U.S. for ‘the production and usage of smart contact lenses for augmented reality’ [...]
SEOUL, April 6 (Korea Bizwire) – KT broadcast the opening game of the KT Wiz’s season live through virtual reality (VR), the first mobile 360-degree live broadcast shared on the sports game site. The crowd wore exclusive VR cardboard viewers handed out by KT, and enjoyed a more dynamic view of the game. Even those sitting [...]
SEOUL, April 6 (Korea Bizwire) – LG Electronics Inc. said Wednesday it will sell the industry’s first smartwatch that runs on the long-term evolution (LTE) network, nearly six months after it was showcased. The LG Watch Urbane 2nd Edition, to be released in South Korea this week, is significant as it does not need to link to [...]
The core of the technology is turning aluminum into a form of nano-particle ink and coating fabrics with it. Using the technology, conductive fabrics that are used in wearable devices such as smart watches can be produced. (Image : Shutterstock) SEOUL, March 31 (Korea Bizwire) – The Korea Institute of Materials Science (KIMS), a [...]
SEOUL, March 30 (Korea Bizwire) - Samsung Electronics Co. said Wednesday it has launched a new refrigerator in South Korea which uses Internet-of-Things (IoT) technologies. The Family Hub refrigerator, first showcased at the Consumer Electronics Show in January, is equipped with a 21.5-inch Full HD touch screen that allows users to follow-up on various conditions of the refrigerator. [...]