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IT

Thu, January 21, 2021 | 09:56

LG Electronics hints at withdrawing from phone biz

LG Electronics hints at withdrawing from phone biz

LG Electronics CEO Kwon Bong-seok hinted Wednesday that the tech giant may pull out of mobile phone manufacturing saying the company was open to all options over whether to continue running its money-losing smartphone business or not. There have been a series of media reports recently stating that the company may exit the smartphone business after seeing losses for years. In ...

Baek Byung-yeul | 2021-01-20 16:50

Samsung Electro-Mechanics launches new MLCC for 5G phones

Samsung Electro-Mechanics launches new MLCC for 5G phones

Samsung Electro-Mechanics announced Wednesday that it has developed a new multi-layer ceramic capacitor (MLCC) that is slimmer and capable of reducing high-frequency noise from 5G smartphone processor chips.

Baek Byung-yeul | 2021-01-20 16:27

Jack Ma is back: Chinese tycoon ends silence with online video

Jack Ma is back: Chinese tycoon ends silence with online video

China's highest-profile entrepreneur, Jack Ma, appeared Wednesday in an online video, ending a 2 1/2-month absence from public view that prompted speculation about the future of the e-commerce billionaire and his Alibaba Group. In the 50-second video, Ma congratulated teachers supported by his foundation and made no mention of his disappearance or official efforts to tighten ...

2021-01-20 15:59

[INTERVIEW] Merck vows to be best partner for Korea tech firms

[INTERVIEW] Merck vows to be best partner for Korea tech firms

The COVID-19 pandemic has sent the global economy into a deep contraction, infecting tens of millions of people across the world and bringing economic activities to a near standstill. In the wake of the pandemic, Merck, based in Germany, is developing its technological capabilities as its cutting-edge materials will be increasingly used in digital technologies such as artific...

Baek Byung-yeul | 2021-01-20 14:25

Kakao hit for mishandling customer data

Kakao hit for mishandling customer data

The latest series of scandals surrounding tech firms' mishandling of personal data is pointing to the need for proper regulations to be set up and for businesses to raise their awareness of the importance of protecting private information.

Kim Bo-eun | 2021-01-19 16:40

Lee's jail sentence casts cloud on Samsung's business

Lee's jail sentence casts cloud on Samsung's business

The country's largest conglomerate has hit a major setback after an appellate court handed a prison sentence of two-and-a-half years to Samsung Electronics Vice Chairman Lee Jae-yong in a re-hearing of a major bribery case, Monday. The court ruling puts the tech giant back into a leadership vacuum hampering major investment decisions in new businesses, which many expect will ...

Kim Bo-eun | 2021-01-18 15:57

Uncertainty heightens over Samsung as heir ordered back to prison for bribery

Uncertainty heightens over Samsung as heir ordered back to prison for bribery

Samsung Group is once again facing turmoil as its de facto chief, Lee Jae-yong, was again imprisoned in a bribery case, sparking worries that uncertainties may further increase over business and investment plans by the global tech behemoth in the post-pandemic era. A Seoul court on Monday sentenced Samsung heir Lee to 2 1/2 years in prison in a retrial of a bribery case invol...

2021-01-18 15:25

Samsung heir Lee Jae-yong imprisoned again

Twitter suspends Republican lawmaker's account over violations of 'integrity policy'

Twitter suspends Republican lawmaker's account over violations of 'integrity policy'

A newly elected Republican congresswoman known for promoting QAnon conspiracy theories accused Twitter of censorship on Sunday after her account was temporarily suspended for "multiple violations". Marjorie Taylor Greene was hit with the 12-hour suspension after she tweeted claims of alleged election fraud in Georgia, her home state.

2021-01-18 13:48

Trump administration slams Huawei, halting shipments from Intel and others: Reuters

Trump administration slams Huawei, halting shipments from Intel and others: Reuters

The Trump administration notified Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told Reuters.

2021-01-18 11:04

A message to LG Electronics

A message to LG Electronics

LG Electronics denied media reports last week that it was reportedly thinking of exiting its money-losing smartphone business. But industry sources said Sunday that now is the time for LG to get off the fence, since the group's fundamentals are evolving from consumer electronics to major components in the lucrative IT and electric vehicle (EV) industries. LG was used to be th...

Baek Byung-yeul | 2021-01-17 16:00

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