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Ongoing is the era of technological revolution and Technological Innovations. “Technology” is basically the formulation of techniques, processes, skills and methods to produce goods or services. It is the knowledge that can be rooted into machines, which don’t require much of the know- hows behind their mechanism of action, and can be easily operated without much knowledge. Technology today is omnipresent. It is everywhere, be it in the simplest forms like basic toolkits or telephones that help connect people or [...]

Samsung, Reliance Jio to connect rural India

Samsung Electronics said it will team up with India’s Long Term Evolution mobile operator Reliance Jio Infocomm to build more high-speed wireless communication networks in India’s remote regions as well as major cities. Tapping the rapidly growing telco market in India, South Korea’s tech giant clinched an exclusive deal with Jio in 2012 to supply 4G LTE network equipment. After two years of network building across India between 2014 and 2016, the Indian telco firm launched the service in September [...]

Samsung, LG’s OLED dominance may last at least 5 years

The dominance of organic light-emitting diode panels by South Korean display makers Samsung Display and LG Display is expected to last for at least the next five years, despite aggressive investment by Chinese and Japanese firms, Korean analysts said Tuesday. Amid growing demand for OLED panels from global smartphone makers — including Apple, Huawei, Oppo and Vivo — due to their flexible nature, Chinese and Japanese firms are making heavy investments in the market dominated by the two Korean firms. China’s [...]

SK Hynix launches highest density low power mobile DRAM

SK Hynix, the second largest chipmaker in South Korea, announced the launch of the world’s highest density mobile DRAM on Monday. The company said it has launched an 8 Gigabyte Low Power DDR4X mobile DRAM using its dual channel 16 Gigabit chips with a plan to mass produce the product for upcoming newest smartphones. 8GB LPDDR4X mobile DRAM (SK Hynix) The 8GB product features the highest density in terms of the LPDDR4X standard, which has improved power efficiency by 20 percent from [...]

South Korean game maker Netmarble strikes $830 million deal to acquire Canadian rival

Netmarble Games Corp., South Korea’s leading mobile game developer and publisher, said Tuesday that it has agreed to take over Kabam’s Vancouver studio, a deal estimated at up to some 1 trillion won ($838 million) which will help the company expand its presence in the North American market. The deal with Kabam, a world leader in massively multiplayer free-to-play games for mobile devices, is expected to close during the first quarter of 2017, it added. But Netmarble did not disclose the [...]

Apple setting up first official store in Korea

Apple has started construction of its first official Korean store in Seoul, according to the industry sources Sunday. As the first Apple Store in Korea is likely to open next year, anticipation is high that it will lead to an improvement in Apple’s after-sales services which have long disappointed customers here. According to industry sources, Apple leased some 550 square meters of land in Garosu-gil in Sinsa-dong, southern Seoul, for 4.8 billion won on March 1 for the next 20 years. [...]

Apple's operating profit in Korea reaches $680 million in 2016

South Korean unit of the U.S.-based tech firm Apple is estimated to post 800 billion won ($680 million) in earnings this year on the back of strong sales of its iPhone lineup, industry sources said Monday. The operating profit of Apple Korea is expected to reach over 800 billion won with its sales to reach 3 trillion won, they said. A total of 2.6 million iPhones were sold in South Korea as of November, they said, adding that the number is [...]

Apple Korea to report strong earnings this year: sources

Local unit of the US-based tech firm Apple is estimated to post 800 billion won ($680 million) in earnings this year on the back of strong sales of its iPhone lineup, industry sources said Monday. The operating profit of Apple Korea Inc. is expected to reach over 800 billion won with its sales to reach 3 trillion won, they said. A total of 2.6 million iPhones were sold in South Korea as of November, they said, adding that the number is [...]

Samsung to disband lobby team: vice chairman

Samsung Electronics Vice Chairman Lee Jae-yong said he would disband the corporate strategy office, the powerful control tower of Samsung Group, in a National Assembly hearing, Tuesday. The core strategic unit is believed to be at the center of the problematic support for President Park Geun-hye’s shadowy confidant Choi Soon-sil and the controversial merger of two Samsung affiliates ― Samsung C&T and Cheil Industries ― last year. “After hearing many lawmakers scold the corporate strategy office, I learned there are many [...]

LG demonstrates frequency efficiency boosting technology

LG Electronics said Sunday it has demonstrated a new telecom technology last week, full duplex radio (FDR), which is capable of doubling the frequency efficiency of existing networks, for the first time ever. The electronics maker said it has worked with a research team at Yonsei University, led by electronic engineering professor Min Byung-wook, to jointly develop FDR technology. The company said FDR is based on a broadband multi antenna technology called multiple-input multiple-output (MIMO), run on the 80 megahertz (MHz) [...]