Korea, South

No settlement for Apple, Samsung on US patent row

The top smartphone makers in the world, Apple Inc and Samsung Electronics, failed to reach a settlement agreement on their smartphone technology dispute in a meeting with a mediator in the first week of February, Bloomberg reported.


Kakao Talk developer to go public in May

Korea-based Kakao Corp, the company behind the highly-popular messaging and social app Kakao Talk, is readying for its initial public offering in May, BeSuccess reported.

Asian messaging startups like KakaoTalk, LINE, WeChat challenge mobile giants

Asian chat services KakaoTalk, LINE and WeChat threaten to overturn the mobile order of things, usurping the role of Google Inc, Apple Inc, Amazon.com Inc, Facebook Inc and telecoms carriers as gatekeeper to the consumer.

LG Electronics rolls out new version of big screen G Pro smartphone, seeks to move to top 3

LG Electronics has introduced the G Pro 2, the new version of its large-screen smartphone G Pro, in an attempt to land at Number 3 in global smartphone sales in 2014, Reuters reported.


Latest News

Samsung Electronics will be rolling out the newest version of its Galaxy S smartphone on February 24 at Mobile World Congress in Barcelona, Reuters reported.
Based on data gathered by the Seoul Metropolitan Government, foreign direct investment (FDI) poured into Seoul, South Korea, reached $6 billion in 2013, an all-time high since the global financial crisis hit in 2008.
South Korea-based Android manufacturer LG has launched G Flex, a new phablet which has a curved display and self-heals or minimizes scratches on the surface.
Seoul, South Korea-based startup investor Samsung Ventures invested an undisclosed amount in Michigan, US-based nanotech firm XG Sciences to co-develop more advanced batteries for consumer electronics.
Ericsson and Samsung Electronics have come to a new licensing pact for wireless technology, putting an end to the patent war between the two firms, Bloomberg reported.
Samsung, the world's biggest cellphone maker, inked a 10-year patent agreement covering all present and future technology patents with Google, the maker of Android operating system.
San Francisco, California-based online car booking service Uber planned to venture into the Asia Pacific market and start hiring staff members across 14 cities, according to an Uber representative.
Smile Mom, the app that allows moms to share baby photos and family updates with moms living nearby, has raised $1.5 million in seed funds from angel and institutional investors, TechCrunch reported.
South Korea-based Bitcoin startup Korbit raised $400,000 in funding from several Silicon Valley investors including Tim Draper, Naval Ravikant, David Lee, and Barry Silbert, for the company's growth.
Anheuser-Busch InBev is looking to repurchase Oriental Brewery Co from private equity companies KKR & Co and Affinity Equity Partners Ltd, according to sources interviewed by Bloomberg.
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