Seven Curated Stories From The Korean Tech Industry This Week
2014년 10월 20일


Samsung Ties Up With SK To Develop 5G


South Korea's top mobile carrier, SK Telecom, said they are partnering with Samsung to develop the 5G industry, seeking early advancement in one of the highly watched mobile sectors. "We signed an MOU to conduct joint research in network technologies and new services related to the 5G," SK Telecom said. The company currently dominates half of the local mobile market.

World First LTE Tech From LG U+

Not to be left out of the race, LG U+ has also developed the world’s first LTE-U technology which is four times faster than LTE. Instead of using the conventional Wi-Fi frequency band, the technology uses the LTE frequency which has the effect of improving speed by extending the overall LTE frequency band.

LG U+ created a 4-MHz bandwidthby binding 20MHz (Wi-Fi frequency 5.8GHz band) with another 20MHz (2.6 GHzbroadband LTE band). The download speed is up to 300Mbps, faster than broadbandLTE-A’s speed of 225Mbps.

Are Facebook and Samsung Establishing a ‘Virtual Reality’ Partnership?

We know that Zuck was in town last week. We know that he visited Samsung. We assume he spoke with people at the company. Much more than that we don't know.

According to a Samsung press statement: “The purpose of the visit is to exchange success experiences of the two companies.” Wow, illuminating! It went on to say that Zuckerberg met with top officials, including Shin Jong-kyun, who heads the IT and mobile division and that they exchanged talks on the “DNA of success.”

It was also reported tht Sandberg also met 10 female Samsung executives, where she exchanged ideas on women’s leadership.

Industry insiders say Samsung and Facebook may have exchanged ideas on cooperating in the virtual reality business, with the South Korean company, the world’s No. 1 maker of smartphones, recently rolling out Samsung Gear VR. Of course this stands to reason in view of Facebook's acquisition of Oculus VR earlier this year.

Korean Government to Develop Smart Media Industry Worth $14Bn by 2020

The Ministry of Science, ICT and Future Planning plans to nurture the local smart media industry. N-Screen services such as over-the-top (OTT) services and new smart media industries such as digital signage and smart home industries are in the spotlight as new growth engines.

The MSIP has said it will increase the size of the local smart media market from around $2.5Bn to around $13.0Bn by 2020. new job creation will also be bolstered from 26,000 to 136,000.

The MSIP is also planning to double the share of the global broadcasting market from 2.6% to 5.0% in order to enhance Korea's competitiveness in technology.

Smart media refers to OTT services like YouTube and Netflix, wearable devices, next-gen immersive media that provides emotive information, digital signage, and smart homes. The MSIP is planning to invest 207.1 billion won (US$194.9 million) in the R&D of major smart media platforms and related technology by 2020.

Galaxy S6 to Feature Exynos 7 with Iris Recognition

Samsung will use the octa-core Exynos 7 processor in the Galaxy S6, scheduled for release early next year. According to Samsung the System LSI business will mass produce its own application processor (AP) starting late this year using the production process of 14 nm FinFETs, which is going to be used in the Galaxy S6.

The new AP provides face and iris recognition solutions, and also delivers distinct performance when supporting an application needed to realize augmented reality. Therefore, an iris recognition technique is expected to be used in the Galaxy S6.

Korea Demonstrates Technology Convergence at Exhibition

A swimming device that removes jellyfish and a drone that assesses damages in the wake of national disasters were among products displayed at the World IT Show (WIS) 2014 to show how different ICT sectors can converge to create new business opportunities.

The exhibit aims to showcase successful examples of South Korea's "creative economy" initiative. One of the key policies of President Park Geun-hye, the creative economy drive seeks to foster economic growth by turning innovative ideas into actual businesses through the use of advanced technology.

China Poses The Largest Threat to Korea's Chip Industry

The Chinese announced that it has formed a semiconductor industry support fund of $19.6 billion with a number of the nation's major companies such as China Mobile.

Under the plan, the government will invest more than $163 billionover the next ten years in the chip-making industry. Industry experts said that Chinese semiconductor foundries will be able to catch up quickly with Samsung Electronics and other Korean chip makers if they are given sufficient funds for research and development.

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