search close
Reporter : Kim Bo-eun
Sun, December 3, 2023 | 20:22
Apple's shift to OLED to benefit LG, Samsung
Apple's shift to using organic light-emitting diode (OLED) panels into its smart devices is expected to boost earnings for local display makers. The iPhone manufacturer plans to incorporate OLED displays into its new iPad model to be released next year, according to reports and sources familiar with the issue, Thursday. This will be Apple's first iPad to feature an OLED displ...
Olympics to see little of Korea's conglomerate chiefs
There will not be much involvement of Korea's conglomerate chiefs at the 2020 Tokyo Olympics kick-off on Friday, amid the COVID-19 pandemic and lingering diplomatic tension between the neighboring countries.
Korean chipmakers on toes over US's continued pressure on China
Samsung Electronics and SK hynix are on the alert over possible effects of further steps by the U.S. to contain the growth of China's chip technology. The Joe Biden administration is known to be seeking to maintain an export restriction on Dutch firm ASML's key equipment used in producing advanced chips to China.
LNG power generation poses dilemma for Korea's energy policy
The Moon Jae-in administration has been phasing out coal-fired power generation and nuclear power plants over the past several years. As the transition takes place to renewable energy, the government in the meantime has made liquefied natural gas (LNG) an important source of power generation.
POSCO, Doosan to develop ammonia power-generation technology
POSCO is seeking to develop power generation technology using ammonia synthesized from green and blue hydrogen. The steelmaker is partnering with Doosan Heavy Industries and the Pohang-based Research Institute of Industrial Science & Technology (RIST) to develop technology utilizing ammonia gas turbines. Representatives held discussions on Monday and agreed to work together t...
LG Electronics to switch to 100% renewable energy by 2050
LG Electronics said Sunday that it is aiming to make a complete transition to renewable energy by 2050, in addition to achieving carbon neutrality by 2030. This decision is in accordance with policies of governments around the world to regulate carbon emissions and prompt corporations to make the shift to eco-friendly energy, the company said.
KT commercializes stand-alone 5G service
KT said Thursday it has commercialized a stand-alone 5G service, a more advanced version of the non-stand-alone service currently in use, which is built on top of the country's existing 4G network. Stand-alone allows independent operation of the 5G service without being supported by the established network.
Conglomerate chiefs spend more time on social media
The heads of the major conglomerates here are increasingly spending more time on social media in what appears to be a way to build a more personal, familiar image and also to better understand the thoughts of millennials and Generation Z.
LG, Samsung devising measures to deal with South Africa riot damage
Samsung Electronics and LG Electronics seek to take corresponding measures to recover from damage to their respective operations in South Africa, following riots and looting in the country's largest city, Johannesburg, and adjacent areas.
Apple seeks to capitalize on LG's smartphone exit
Apple is stepping up its efforts to strengthen its foothold in the Korean smartphone market by capitalizing on LG's smartphone exit. LG Electronics made a strategic decision early this year to withdraw from its loss-making smartphone business, and the process is set to be completed this month. Existing players in the market are moving quickly to capture LG's share, offering t...