LG U+ announced on June 11 that it has signed a contract with Taiwan's largest telecommunication company, Chunghwa Telecom, to export 5G VR contents.This year's export is the fourth after China Telecom, Hong Kong Telecom, and Japan's KDDI in October last year, and 5G content exports have

LG Display (CEO Chung Ho-young) announced on June 11 that it will develop a stretch display which is often referred to as the end point of flexible display technology in the industry.LG Display has been selected as the company in charge of the Stretchable Display Project, a national development proj

LG U+ made an announcement on June 10 that it has developed Post Quantum Cryptography (PQC) technology with Seoul National University's Industrial Mathematics Center and Crypto Lab and applied it to customer-only network services.In the era of quantum computers, it is essential to secure new sec

Candidate drugs for the new coronavirus infection (COVID-19) developed by public research institutes will be transferred to private companies in Korea. It was widely known that the candidate substance was 50 times more effective than Remdesivir in animal testing.The CEVI Convergence Research Group o

The arrest warrant for Samsung Electronics Vice Chairman Lee Jae-yong, who was charged with misconduct in the process of strengthening Samsung Group's management control, has been rejected.The arrest warrants for Choi Ji-sung, former head of the Future Strategy Office, and Kim Jong-joong, former

LG Electronics announced on June 8 that its 48-inch LG OLED TV (model name: 48CX), which was introduced for the first time in the world at CES 2020 earlier this year, is receiving enthusiastic praise from foreign media.LG Electronics has a full lineup of OLED TVs by extending its current 88, 77, 65,

Hanwha Systems announced on June 8 that it has acquired the business and assets of British satellite communication antenna technology venture Phasor Solutions Ltd. on June 5.Phasor Solutions is a company specializing in research and development of satellite communication antennas established in the

Park Jung-ho, president of SK Telecom, announced an innovation plan for the aftermath of the COVID-19 crisis, saying, "We will break all the old-fashioned formulas and speed up innovation from ICT to corporate culture."Park made the remarks at a "non-face-to-face town hall" under the theme of "post

KT has come up with measures to support the use of big data in order to promote research activities and solution development related to COVID-19.KT made an announcement on June 7 that it will provide education and research institutes, small and medium-sized venture companies, and start-ups with up t

SK Hynix announced on June 4 that its social value generated last year was 3.58 trillion won (some $2.9 billion), down 63 percent from the previous year.By sector, "economic indirect contribution performance" such as tax payment, employment, and dividends amounted to 4.05 trillion won, while "busine

LG CNS has developed automatic salary transfer technology by combining RPA (Robotic Process Automation) and AI technology and will start 'Automatic Pay Transfer Service' for the first time in Korea. LG CNS will commercialize the service made with RPA+AI technology for the first time at KB Ko

The government has set a goal of securing COVID-19 domestic treatments and vaccines by this year and next year, respectively. To that end, the government will invest 1 trillion won (some $0.8 billion) in domestic quarantine systems, industries and exports.In particular, it will provide 100 billion w

KT made an announcement on June 2 that it will release 5G Smart Factory Vision, a 5G machine vision service, along with Cognex, which specializes in industrial machine vision."KT 5G Smart Factory Vision" refers to a service that collects images and analyzes data through cameras installed in factorie

SK Telecom has opened its way to export its next-generation security technology to Myanmar, which is rapidly becoming an emerging market in Southeast Asia.SK Telecom announced on June 2 that it exported security integration consulting and solutions to the National Cyber Security Center (NCSC), an af

App Annie, a mobile data and analysis platform, announced the "Game Spotlight 2020 Review" with IDC, a global market intelligence company, to review the 2020 game industry trend and changes in the mobile game market caused by COVID-19.According to the report, the number of downloads of mobile games

SK Telecom announced on May 31 that it created a social value (SV) of 1.87 trillion won ($1.5 billion). The result is an 8.3 percent increase from 1.727 trillion won in 2018.SK Telecom has been making all-out efforts to create various SVs such as establishing a social safety net, contributing to the

Hyundai Motor Group and Hanwha Q Cells are going to jointly develop an ESS (Energy Storage System) that is linked to solar energy. It is a method of reusing electric vehicle batteries that have reached their end of life.ESS refers to a device that stores electricity produced through solar and wind p

Samsung Electronics today announced the global launch of its groundbreaking Odyssey G7 gaming monitor. Unveiled at CES 2020 in Las Vegas, the Odyssey lineup reimagines the gaming experience by combining the deepest, most immersive curved displays with best-in-class performance features. The G7 monit

Prosecutors have searched the headquarters of Mercedes-Benz Korea. According to legal experts on May 28, the Seoul Central District Prosecutors' Office launched a raid on Mercedes-Benz Korea headquarters in central Seoul over its alleged manipulation of programs to pass emission standards in the

Samsung Electronics announced on May 28 that it has released In-Home Fitness and Wellness applications "Samsung Health" on Samsung smart TVs in major countries such as Korea, the United States, and the United Kingdom on May 27.Samsung Health, which was only provided for mobile devices, will be able