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Plenty of bang for buck

Plenty of bang for buck

Samsung Electronics chalks up record profits on mobile sales Samsung Electronics posted its best quarterly operating profit during the first three months of this year and is expected to improve on it during the seasonally-favorable second quarter. The world’s biggest supplier of flat screens, memory chips and smartphones reported 45.27 trillion won Friday in first-quarter […]

Internet contributes 0.9 pct to Vietnam’s GDP

HANOI — Internet contributes 0.9 percent to Vietnam’s GDP and 1.6 percent to the country’s GDP growth rate of 14.4 percent, according to the figures released in a workshop held here on Wednesday. Vietnam is an emerging market for the Internet development, ranking 13th in the world in terms of young Internet users with a […]

Mobile carriers face pressure to cut rates

Following the National Assembly elections, mobile carriers are expecting bigger pressure to cut rates. “The political circle has been pressuring mobile carriers to lower subscription fees in every election. It really is a problem for the industry,” a spokesman for a mobile carrier said. “Since everybody has a cell phone, mobile rates are an issue […]

Turkey begins production of electric bus

Turkey begins production of electric bus

Turkish bus manufacturer Otokar is now ready to commence mass production of the country’s first domestically developed electric bus. Turkey was introduced to its first ever local electric bus at a press conference in Istanbul on Wednesday. The latest Otokar bus, named Doruk Electra, is the product of three-and-a-half-years of research and development (R&D). The […]

Slovak scientists invent cloak of invisibility

Slovak scientists invent cloak of invisibility

<Filephoto=Newsis> BRATISLAVA, Slovakia (Xinhua) — Slovak scientists have invented a device that can create the illusion of invisibility by hiding objects from a static magnetic field, researchers said Tuesday. Although it was a team of Barcelona-based scientists who came up with the original idea, the three Slovaks from the Slovak Academy of Sciences were able […]

Kakao the invincible under threat

Kakao the invincible under threat

Popular mobile messenger service Kakao Talk is available on iOS, Android and Blackberry operating systems. The most popular mobile messenger service in the country, Kakao Talk, recently put the IT industry on alert by announcing that it has 42 million subscribers. It has become a must have application for smartphone users here, as a survey […]

Television becoming interactive

Television becoming interactive

A model watches a smart TV from Samsung Electronics at a product launch ceremony held in New York last Tuesday. The introduction of smart TVs and other devices is making television an increasingly social medium. For a long time, television has been regarded as a one-way medium, with viewers passively sitting and watching. But with […]

Korea set to disclose next-generation train

Korea set to disclose next-generation train

The preliminary design of Korea’s next-generation bullet train, named HEMU-400X. The government plans to take the wraps off its next-generation bullet train, which can run between the country’s two biggest cities of Seoul and Busan in one and a half hours, a substantial reduction from almost three hours today. The Ministry of Land, Transport and […]

Naver: online chaebol?

Naver: online chaebol?

American Internet giant eBay has been controlling Korea’s electronic commerce markets through its affiliates Auction and Gmarket, but it remains to be seen whether local search king Naver could give it a run for its money. Search giant looks to launch open market service Naver, Korea’s near omnipresent portal accounting for over 70 percent of […]

‘CES 2012’ Opens on Jan.10

‘CES 2012’ Opens on Jan.10

  Mooly Eden,  Corporate vice president and general manager of the PC Client Group of Intel Corp., demonstrates a two-screen Ultrabook laptop during the 2012 International Consumer Electronics Show (CES) in Las Vegas, the United States, Jan. 9, 2010. The world’s largest annual consumer technology trade show runs from Jan. 10 through 13. <Photo: Xinhua/Yang Lei> […]

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