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LG Uplus CEO Hong Bum-shik recently visited the company’s research and development center in Daejeon, emphasizing his commitment to reinforcing fundamentals such as quality, safety and security. “If we build strong fundamentals and enhance capabilities such as customer analysis, data-driven strategies and collaboration frameworks, I am confident that LG Uplus can emerge as a market leader not only in telecommunications but also in newly expanding competitive sectors,” Hong told employees during
Korean beauty firms gear up for tech-driven offerings as they carve out a new edge on the global stage Korean beauty powerhouses painted visions of a high-tech future at this year's CES — ones that were as captivating as they were full of promise. The industry's seamless marriage of cutting-edge technology and home beauty devices was on full display at the global technology showcase. After shattering export records with over $10 billion in sales last year and dethroning beauty giant France to cl
South Korea’s major telecommunication companies are closely monitoring Samsung Electronics’ upcoming smartphone subscription service, AI Subscription Club, concerning its potential impact on the domestic handset distribution market. Samsung has been operating the service since last month to lease AI-powered home appliances, monitors and TVs. Starting next month, mobile devices will be added to the lineup, according to industry sources Thursday. AI Subscription Club allows customers to pay leasin
Major flatscreen maker unveils 4th generation OLED panel for AI TVs LG Display CEO Jeong Cheol-dong pledged a turnaround in 2025, introducing the company's new business strategy dubbed "JUMP" on Thursday. In an unveiling event, the flatscreen maker also debuted a 4th generation organic light-emitting diodes panel which is the industry's first to achieve a maximum brightness as high as 4,000 nits. “Our goal for this year is to make it a year of bold leaps forward and meaningful advancements with
Samsung Electronics announced Thursday that it will partner with IBM to provide a frontline emergency communications network in the UK. Samsung said it will provide its mission-critical solutions to support the UK government's Emergency Services Network. The project, overseen by the UK Home Office, aims to modernize communications for more than 300,000 first responders across the country, including police, firefighters and paramedics. Samsung will deliver advanced communication systems to ensure
DB Robotics, South Korea’s only robotics company specializing in industrial safety and the prevention of major industrial accidents, announced Wednesday that it has signed a memorandum of understanding with SK Shieldus to broaden its role in the specialized robotics sector. Established in 1999, DB Robotics has a track record of developing advanced robotics solutions tailored to specialized industries, earning certification for excellence in technology from credit bureau NICE Information Service
Samsung Electronics has registered the trademark "Bot Fit" for its wearable robot in a filing with the state intellectual property agency, strengthening its push into the robotics business. According to the Korea Intellectual Property Office on Wednesday, the tech giant registered the trademark on Jan. 8, with a logo featuring the letter "F" within a blue shape. The trademark is described as being intended for use with body rehabilitation apparatus for medical purposes. Samsung first unveiled th
The American Chamber of Commerce in Korea co-hosted an event Tuesday in Seoul with Palo Alto Networks to explore how artificial intelligence is reshaping the digital landscape and revolutionizing cybersecurity strategies. The event "Ignite on Tour Korea CxO" served as a platform for industry leaders and experts to discuss the future of cybersecurity and share security strategy insights while showcasing how Precision AI, an AI tool from Palo Alto Networks, a global leader in cybersecurity solutio
Chinese firms have accelerated their foray into Korea, particularly in the consumer electronics sector, leveraging their products' relatively low price points and localization strategies. From robot vacuums to smartphones and TVs, these firms are aggressively establishing local subsidiaries and opening dedicated stores, signaling a robust push into the market. Chinese smartphone maker Xiaomi on Wednesday hosted its first press briefing after it established its local subsidiary, Xiaomi Technology
Nvidia CEO's comments move share prices for Samsung, SK, Hyundai It is fair to say that the star of recently concluded CES 2025 was none other than Nvidia CEO Jensen Huang, with every word the tycoon uttered moving stock prices up or down. His comments on Nvidia’s partners, semiconductors and quantum computing sent ripples through the market, causing fluctuations in the share prices of major industry players, including Samsung Electronics, SK hynix, Hyundai Motor and firms engaged in quantum com
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