SEOUL, Dec. 12 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will start the streaming of videos that utilize the latest High Dynamic Range (HDR) 10 Plus technology via its premium TVs with the U.S.-based Amazon.com. Under the agreement, users of Samsung’s high-end QLED and UHD TVs can enjoy quality content through the Amazon [...]
SEOUL, Dec. 4 (Korea Bizwire) — Samsung Electronics Co. said users of its mobile transaction system, Samsung Pay, are able to make payments at the country’s top theater chain CJ CGV as of Monday. While CJ CGV theaters accepted Samsung Pay in 2015 after the service was first launched, the two companies later suspended cooperation [...]
SEOUL, Dec. 1 (Korea Bizwire) — Samsung Electronics Co. said Friday it demonstrated the fifth-generation network on a high-speed train traveling over 100 kph under a joint project with the Japan-based KDDI Corp. The two companies, which have been rolling out joint projects in the field since 2015, said they successfully observed data transmission speed [...]
SEOUL, Nov. 28 (Korea Bizwire) — Shinsegae Food Inc., the food manufacturer of South Korea’s retail giant Shinsegae, said Tuesday it has established a joint venture with a Malaysian firm as part of its efforts to expand its presence in the Southeast Asian market. Shinsegae Food said it signed a contract with Malaysian food maker [...]
SEOUL, Nov. 28 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has acquired a local startup that specializes in artificial intelligence (AI), in an apparent bid to improve its voice recognition system, Bixby. This is the first time that Samsung has acquired a South Korean startup. The size of the deal remains confidential. Established [...]
SEOUL, Nov. 22 (Korea Bizwire) — Hankook Tire Manufacturing Co., the world’s seventh-largest tiremaker by sales, said Wednesday it has signed a deal with China’s state oil firm to sell its truck and bus tires. In August, Hankook Tire began to produce truck and bus radial tires (TBRs) at one of its three plants in [...]
SEOUL, Nov. 15 (Korea Bizwire) — South Korea’s top automaker Hyundai Motor Co. said Wednesday that it has tied up with French tiremaker Michelin to develop next-generation tires for electric vehicles. The tie-up agreement on technological cooperation was signed between Yang Woong-cheol, a Hyundai Motor vice chairman, and his Michelin counterpart Florent Menegaux at Michelin’s [...]
SEOUL, Aug. 28 (Korea Bizwire) — Samsung Electronics Co. said Monday it agreed to join U.S. 20th Century Fox and Japan-based Panasonic Corp. to expand the ecosystem for the High Dynamic Range (HDR) 10 Plus technology. The South Korean tech giant said the companies agreed to establish an alliance for the HDR 10 Plus technology. [...]
SEOUL, Aug. 25 (Korea Bizwire) — KT Corp., a South Korean broadband Internet and mobile phone company, said Friday it has joined forces with Nokia Corp. to further develop the technology for a commercial use of the fifth-generation (5G) mobile network. KT said its head Hwang Chang-kyu and his counterpart Nokia President and CEO Rajeev [...]
SEOUL, Aug. 22 (Korea Bizwire) — The organizing committee for the 2018 PyeongChang Winter Olympics and the United States Olympic Committee (USOC) on Tuesday announced their launch of a Korean youth mentorship program. In a statement, the organizations said the goodwill campaign is part of the USOC’s “Thank You, PyeongChang” initiative, designed to “contribute to [...]