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(CES) Samsung CEO says M&A pursuits 'going well' despite delay

By Woo Jae-yeonLAS VEGAS, Jan. 7 (Yonhap) -- Samsung Electronics Co.'s chief executive officer has said the company was still pursuing a merger deal, even though its efforts have hit a snag.The tech company's deal-making activities were only
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(CES) LG CEO expects EV parts business to take off this year

By Woo Jae-yeonLAS VEGAS, Jan. 7 (Yonhap) -- LG Electronics Inc.'s chief executive has said the company's focus on the electric vehicle (EV) parts business for the past decade has started to bear fruit."Our EV business has made a turnar
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(CES) Meet LG Display's first autonomous concept car equipped with futuristic displays

By Woo Jae-yeonLAS VEGAS, Jan. 5 (Yonhap) -- It might not be so far in the future that you will be able to watch a movie on a rollable screen that is automatically extended downwards or check traffic or weather conditions on a transparent screen on a
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Naver completes acquisition of Poshmark for US$1.2 bln

SEOUL, Jan. 6 (Yonhap) -- South Korean internet portal giant Naver Corp. said Friday it has completed the acquisition of Poshmark, a U.S. social commerce marketplace for fashion.Naver took over 100 percent of the U.S. firm for US$1.2 billion, and Pos
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(CES) LG CEO says CES exhibition is to show potential

By Woo Jae-yeonLAS VEGAS, Jan. 5 (Yonhap) -- LG Electronics Inc. made efforts to present its potential through a wide range of products and solutions at CES 2023, its top executive said Thursday. "Now that the pandemic is over, we thought it is
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(CES) Meet attention-grabbing new wireless LG OLED TV

By Woo Jae-yeonLAS VEGAS, Jan. 4 (Yonhap) -- LG Electronics Inc. returned to CES with a bang after its all-virtual presentation that required a separate app to watch left many visitors scratching their heads last year.At CES 2023, LG's new 72-inc
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(CES) Samsung presents connected home as future way of life

By Woo Jae-yeonLAS VEGAS, Jan. 4 (Yonhap) -- Samsung Electronics Co. on Wednesday brought attention to its efforts to make connected and sustainable homes a future way of life.During a press conference held a day before the official opening of the an
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(LEAD) (CES) LG CEO vows to drive growth with diversified business portfolio

(ATTN: ADDS new photo)By Woo Jae-yeonLAS VEGAS, Jan. 4 (Yonhap) -- LG Electronics Inc. will continue to diversify its business portfolio well beyond home appliances and seek new ways to drive growth, its top executive said Wednesday. "While con
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(CES) LG CEO vows to drive growth with diversified business portfolio

By Woo Jae-yeonLAS VEGAS, Jan. 4 (Yonhap) -- LG Electronics Inc. will continue to diversify its business portfolio well beyond home appliances and seek new ways to drive growth, its top executive said Wednesday. "While continuing to invest in i
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(CES) Samsung's new TVs, fridges get smarter with incremental new features

By Woo Jae-yeonLAS VEGAS, Jan. 3 (Yonhap) -- There were few big surprises and eye-popping innovations at Samsung Electronics' media events Tuesday, where its latest home gadgets were on full display ahead of the opening of CES 2023. To be fair, t
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(CES) LG Display to focus on automotive panels at CES 2023

By Woo Jae-yeonLAS VEGAS, Jan. 2 (Yonhap) -- LG Display Co., a major South Korean display maker, said Monday it will present its latest display technologies tailored to specific customer needs and environments at CES 2023, slated to open in Las Vegas
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(CES) LG unveils vision for more personalized, smarter TV ahead of CES 2023

By Woo Jae-yeonLAS VEGAS, Jan. 2 (Yonhap) -- LG Electronics Inc. unveiled a vision for its TV business on Monday ahead of the opening of CES 2023, emphasizing connectivity and customization.The consumer electronics giant will dedicate itself to fulfi
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I'mweb offers simple web-designing tools to small online store owners

By Kim BoramSEOUL, Jan. 2 (Yonhap) -- When people want to open a new online store from scratch, they need to learn coding languages, such as HTML, CSS and Javascript, and professional photo editing skills to design website elements, connect electroni
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S. Korea to invest 6.7 tln won in science R&D in 2023

SEOUL, Jan. 1 (Yonhap) -- South Korea will invest 6.7 trillion won (US$5.3 billion) in science research in 2023 as the country seeks to secure key future technologies as new growth engines, the science ministry said Sunday.The Ministry of Science and
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(CES) POSTECH students to attend CES to learn global tech trends

By Woo Jae-yeonSEOUL, Jan. 1 (Yonhap) -- As a growing number of South Korean companies attend the annual Consumer Electronics Show (CES) in Las Vegas each year, so has the number of young tech students who are eager to learn global tech trends firsth
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Samsung taps ex-Benz designer to lead mobile design team

SEOUL, Dec. 30 (Yonhap) -- Samsung Electronics Co. said Friday it has appointed Hubert H. Lee, a senior designer at Mercedes-Benz, as its new head of mobile business.Lee will be in charge of Samsung's Mobile eXperience (MX) Design Team, which ove
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Kakao to compensate small businesses in cash for massive service disruption

SEOUL, Dec. 29 (Yonhap) -- Kakao Corp., the operator of South Korea's most popular mobile messenger, KakaoTalk, said Thursday it will give cash compensation to all small business owners for damage caused by the massive service disruption stemming
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S. Korea to strengthen regulations to rein in market power abuses by platform companies

SEOUL, Dec. 29 (Yonhap) -- The South Korean government said Thursday it will strengthen legal and administrative regulations to rein in excessive concentration of power in the local platform market led by tech giants Naver Corp. and Kakao Corp.In a c
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From 'Reborn Rich' to 'Nano Machine'... Munpia celebrates 10th anniversary of establishment

SEOUL, Dec. 29 (Yonhap) -- Korea's leading web novel platform "Munpia" is celebrating its 10th anniversary of the establishment.Naver Webtoon announced on Wednesday the progress their
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S. Korean tech firms to show off latest innovations at CES 2023

By Woo Jae-yeon, Kim Seung-yeonSEOUL, Dec. 29 (Yonhap) -- South Korean tech companies are ready to showcase their latest products and innovative technologies at CES 2023, the world's largest consumer electronics show slated to open in Las Vegas n