SEOUL and MOUNTAIN VIEW, Calif., Nov. 5 (Korea Bizwire) ― LG Electronics Inc. (LG) and Google Inc. have entered into a long-term patent cross-licensing agreement covering a broad range of products and technologies. The agreement covers the two companies’ existing patents as well as those filed over the next 10 years. “We’re pleased to enter [...]
SEOUL, South Korea, Nov. 3 (Korea Bizwire) — Samsung Electronics Co. Ltd., a world leader in advanced semiconductor solutions, announced today that it acquired Proximal Data, Inc., a San Diego, California-based pioneer of server-side caching software with I/O intelligence that work within virtualized systems. “We are delighted to have Proximal Data join us, which will [...]
Seoul, Korea, Oct. 20 (Korea Bizwire) – SK Telecom (NYSE: SKM) today announced that the company and Samsung Electronics will team up to lead 5G network, the next generation mobile communications technology, on October 20, 2014. The two companies signed a MOU to start joint research on 5G network technology and service development. SK Telecom [...]
SEOUL, South Korea, Oct. 20 (Korea Bizwire) – EnerNOC, Inc. (Nasdaq:ENOC), the world’s largest provider of demand response software and services, announced today that Kolon Industries has selected EnerNOC as its trusted demand response provider. EnerNOC, which supports demand response programs throughout Asia, Europe, and North America and is an official KPX curtailment service provider, will [...]
IRVINE, Calif., Oct. 15 (Korea Bizwire) – On the court, he is a ten-time NBA All-Star and the most popular athlete in the U.S.1; away from the arena he is a philanthropist, businessman and trendsetter; and today, LeBron James proudly includes a Kia K900 – the brand’s first-ever rear-drive luxury sedan – among his fleet [...]
SEOUL, Sep. 2 (Korea Bizwire) ― LG Electronics (LG), with design support from Swarovski, the renowned Austrian jewelry brand and world-leading manufacturer of high-quality crystals, will unveil a one-of-a-kind CURVED OLED TV at IFA Berlin. Featuring a streamlined stand studded with shimmering crystals complemented by the brilliant, precise colors of the OLED’s self-lighting pixels, this advanced TV [...]
SEOUL, South Korea, Aug. 25 (Korea Bizwire) – Korbit (https://www.korbit.co.kr), Korea’s leading bitcoin exchange, wallet and merchant processor, has closed a $3 million Series A funding round led by SoftBank Ventures Korea. Pantera Capital led the round from the US side, with participation from BAM Ventures and previous investors Bitcoin Opportunity Corp., Tim Draper, Pietro [...]
MOUNTAIN VIEW, California, Aug. 14 (Korea Bizwire) — Samsung Electronics announced that it has entered into an agreement to acquire SmartThings, creator of the leading open platform for the smart home and the consumer Internet of Things. SmartThings supports an open and growing ecosystem of developers, who are producing new types of connected devices and [...]
SEOUL, Aug. 13 (Korea Bizwire) – On August 12, CJ Games announced that it is planning to merge with CJ Netmarble. In a board of directors meeting, it was decided that CJ Netmarble would be spun off from CJ E&M and merge with CJ Games effective on October 1. On the 26th, in addition, they will [...]
Seoul, Korea, Jul. 21 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that the company, together with Ericsson, the world-renowned telecommunications technology and service provider, successfully demonstrated the Elastic Cell technology on July 21. The technology, demonstrated for the first time in the world, is expected to become a key enabler for 5G. Elastic [...]