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Archive by category Consumer Tech

Running For Both Teams: UHD And Mobile HD Both Transmitted Through One Channel

DAEJEON, Aug. 28 (Korea Bizwire)– A Korean research company has succeeded in developing Layered Division Multiplexing(LDM) technology that can broadcast Ultra High Definition(UHD) and mobile High Definition(HD) quality programs at the same time. The Electronics and Telecommunications Research Institute(ETRI) announced that it has developed the next free network broadcasting system with ‘Clever Logic’, and succeeded [...]

Gov’t to Spend 5.7 tln Won for 5G, Drones

SEOUL, Aug. 28 (Korea Bizwire) — South Korea plans to invest around 5.7 trillion won (US$4.83 billion) over the next five years to help nurture the fifth-generation (5G) network, unmanned drones and other high-end technology. Under the plan, the Ministry of Science, ICT and Future Planning will allocate the budget in 19 industry areas. “The [...]

KT, LG Launches Industry’s First IPTV-featured PC

SEOUL, Aug. 27 (Korea Bizwire) — South Korea’s No. 2 mobile carrier KT Corp. on Thursday unveiled what it claims is the industry’s first IPTV set top box-embedded PC allowing users to reduce space and enjoy various multimedia contents. Developed under collaboration with local tech firm LG Electronics Inc., the device allows users to switch [...]

Industry Ministry to Expand Support for Software-convergence Components

SEOUL, Aug. 26 (Korea Bizwire) – The industry ministry of Korea announced that it would reinforce its support for software-convergence components by selecting 20 core parts to be embedded in wearable devices or next generation displays. On August 25, the Ministry of Trade, Industry and Energy selected the 20 core parts essential for the advancement of [...]

KT Launches Korea’s Largest Open Consortium to Develop IoT

SEOUL, Aug. 25 (Korea Bizwire) – KT, Korea’s second largest mobile carrier, today launched the “GiGA IoT Alliance,” an open consortium for Internet of Things (IoT) related industries, which will support brainstorming ideas for startups, commercializing the ideas, and promoting them overseas. The GiGA IoT Alliance, Korea’s largest IoT consortium, is composed of approximately 100 [...]

LG OLED TV, French-door Refrigerator Win TWICE 2015 VIP Awards

SEOUL, Aug. 21 (Korea Bizwire) – A curved OLED TV and a French-door refrigerator from LG Electronics have been selected as the best home appliances by retailers and distributors in the United States. According to an August 21 statement from LG, the second largest electronics maker in Korea, two of its products won 2015 VIP (Very Important [...]

Samsung Supports Vietnam’s First WorldSkills Competition Medal

SEOUL, Aug. 19 (Korea Bizwire) – At the recent WorldSkills Competition held in Sao Paulo, Vietnam won its first ever medal. The spotlight came to the honorable winner, Nguyen Duy Thanh, but Korean tech giant Samsung Electronics was behind the stage supporting Thanh’s historic achievement. According to WorldSkills, organizer of the biennial skills competition, Thanh won [...]

Samsung Earns US Patent for Hologram Applicable at Mobile Devices

SEOUL, Aug. 13 (Korea Bizwire) — South Korea’s top tech giant Samsung Electronics has won a patent for hologram technology that works on smartphones, the U.S. patent office said Thursday, which may mark another significant progress in the development of mobile devices. Samsung applied for the patent, dubbed “mobile device capable of displaying hologram and hologram [...]

LG Electronics, No.1 Seller of Dehumidifiers in the World

SEOUL, Aug. 10 (Korea Bizwire) – Sales of dehumidifiers are increasing as the summer heat is accompanied by humidity. According to LG Electronics, sales of dehumidifiers during the last week of July almost doubled compared to the same period last year. Officials say that the high humidity and escalated temperatures caused by the monsoon heading [...]

Samsung a Third-Wheel in the IoT Business?

SEOUL, Aug. 10 (Korea Bizwire) – Industry watchers are suggesting that Samsung Electronics might find itself stuck between the US and China in the home Internet of Things (IoT) business. A report issued by the KT economic research laboratory predicted that Apple and Google will dominate the platform, and Chinese companies will be a conspicuous entity in [...]