LG Display and Samsung Display Co. have settled their longstanding quarrel over their display technology as the world’s two biggest display makers face growing competition from Chinese rivals and an industry slump, industry sources have claimed. LG Display and Samsung Display have been locked in a legal battle over organic light-emitting diode (OLED) and liquid-crystal display (LCD) technology following probes into an alleged technology leak from Samsung Display to LG Display last…

Korea was the first nation where online gaming was a lucrative career. And, having lived in Korea for five years, I have seen the huge potential in the online gaming market here, which attracts gamers to “PC Rooms”, like the one below, 24 hours a day. But, surprisingly, Korean produced games are now losing the fight against foreign competition. It has been claimed recently that Korea is losing its reputation as an…

On September 16, the Ministry of Science, ICT and Future Planning (MSIP) opened the ‘Born Global Startups’ (forgive the slightly dodgy name) project at the Future Global Business Start-up Support Center in Seoul. The twenty selected teams, three accelerators and two business incubation centers participated in the event. The aim is to support startups with strategy and to attract investment. The program will also finance three Korean incubators including Venture Square (teamed…

KT has recently announced that it will launch a Korea-Japan Wi-Fi automatic roaming service. The service will enable KT customers to use NTT DoCoMo’s Wi-Fi network if they go to Japan, with the same deal reciprocated for NTT DoCoMo’s clients in Korea. To date users have had to enter a user ID and a password to log on to wireless networks overseas. The automatic roaming service, however, will allow users to enjoy…

The Background For those who don’t know it, the internet situation in South Korea is very different from what you might expect. Most impressively, Google, only claims around a 2% share of the search market. So who services this population of 50M, one of the most connected and tech savvy in the World? Naver, a subsidiary of Korea’s largest internet company NHN Corp, has controlled over 70% of the Korean search market…

Cooliris will become the world’s first developer to integrate the Baidu MyCloud API. Cooliris, Silicon Valley’s leader in immersive media experiences on mobile and desktop, and Baidu, China’s largest search engine, today announce a partnership to offer a killer next-generation media experience on mobile phones in worlds largest smartphone market. With today’s release of the Cooliris app for iPhone and iPad, users of Baidu MyCloud, Baidu’s personal cloud storage service with over 100…

Samsung has announced that in October they will be releasing a new ‘Noum’ model smartphone handset with a curved screen. This demonstrates Samsung’e drive to become not only the world’s top handset maker, but also the most innovative. Curved displays are an early stage in screen evolution which is shifting to bendable or foldable designs, eventually allowing mobile and wearable gadgets to take on new forms that could radically change the high-end…

At the beGlobal 2013 Tech Startup Conference, ten Korean Tech startups pitched their companiesin competition for the attention and capital ofjudges and investors. The ten startups that participated were Korbit (Bitcoin exchange & platform), SEWORKS (mobile security), KnowRe (online adaptive learning program), Gist (news aggregation/summarization), Shakr (video creation), Smile Family (mobile application for mothers), IDINCU (mobile market research), Cultstory (mobile travel and tourism application), Flitto (social media translation platform) and VCNC (private…

LG Electronics recently announced that it will start selling a large screen “phablet”, Vu 3, through three major telecom companies starting from September 27. The Vu 3 is the third in LG Electronics’ Vu series following Optimus Vu and Optimus Vu 2, each released in March and September 2012. With a 5.2-inch screen that has a 4:3 ratio, the Vu 3 is designed to make it easier for users to enjoy the…

Korean Internet users are adopting mobile faster than any other country in the world and the number of mobile users of key Internet services like Facebook and YouTube is increasing explosively. According to Facebook 90% of 11 million Korean users who access Facebook at least once a month (MAU) access their Facebook accounts on mobile devices. This figure is far higher than the global Facebook average of 71%. The global Facebook MAU…

Korea’s second largest mobile carrier, KT, was named as the world’s most sustainable telecomms company by the Dow Jones Sustainability World Index (DJ-SWI). It is the third consecutive year that KT has won the award, and demonstrates a concerted drive by Korean tech conglomerates for supremacy in the global tech industry in more than just sales figures. Selection is based on scores in three main categories: Economic, environmental and social. Factors that…

“I try to look for ideas that will break down borders,” said Adam Draper, the youngest venture capitalist in the Draper family. Global venture investing, funding startups internationally, runs in the Draper blood. The eldest of the three, Bill Draper, first started working as a venture capitalist for his father in 1959, after fighting in the Korean War. In 1986, Bill Draper moved on to become the head of the United Nations…

Kakao Talk remains the premiere platform to access the exceptionally lucrative Korean gaming market, with examples such as the wildly popular `Angry Birds’ (coming soon) and `Candy Crush Saga’ (already available) among many other titles on the platform. KakaoTalk has emerged as the key channel for overseas game companies’ in Korea. Preparations are well under way for the release of Angry Birds in Q3 2013. It has also been rumored that EA…

Originally posted by Cromwell Schubarth, Senior Technology Reporter-Silicon Valley Business Journal:  Bitcoins prompted an interesting exchange between three generations of Silicon Valley’s prolific investment family, the Drapers, at beGLOBAL last Friday. Boost VC incubator Co-Founder Adam Draper is an unabashed enthusiast of the virtual currency. His dad, Tim Draper of Draper Fisher Jurvetson, is a dabbler in bitcoin startup investing. But grandfather Bill Draper of Draper Richards is apparently not at all a bitcoin fan. The Drapers appeared at beGlobal, a Korean…

BeGLOBAL was all about building bridges between the Asian and Silicon Valley startup ecosystems. We, beSUCCESS, have been working at achieving this through our startup media and Asian events for over two years, but our first event in Silicon Valley, Sep 13, was a huge leap forward. Here’s how it all went down at the Four Seasons, Palo Alto, September 13. Success Comes to those Who Get Stuck In (and have great…

Disruptive technology is re-shaping most parts of our life, whether it’d be how we consume media, order taxis, handle our personal finances or drive our cars. Now it seems like the education market is set to follow in the path of other disruptive technologies. With MOOCs alarming the big universities around the world of a changing education landscape, other companies are focusing on the way we learn. Simnik is an educational technology…

In the build up to beGLOBAL we have introduced some top names in the business with an emphasis on VCs and entrepreneurs. Now it’s time to introduce the people who will be speaking on behalf of the third important group, namely the accelerators. We’re joined by some of the crème de la crème of the top Silicon Valley accelerators, namely Y Combinator, Boost VC, 500 Startups and BootstrapsLabs. As we did with…

In the build up to beGLOBAL we have introduced some top names in the business with an emphasis on VCs and entrepreneurs. Now it’s time to introduce the people who will be speaking on behalf of the third important group, namely the accelerators. We’re joined by some of the crème de la crème of the top Silicon Valley accelerators, namely Y Combinator, Boost VC, 500 Startups and BootstrapsLabs. As we did with…

Our partners at VentureBeat are holding their leading event on cloud adoption, CloudBeat 2013 , next Tuesday & Wednesday in San Francisco. The program features 80+ industry-leading speakers and new case studies from PayPal, Netflix, Pivotal, LinkedIn, Disney, General Electric, Google, Adobe, IBM, and Parsons, to name a few. Check out the agenda here, and the speaker list here. If you’d like to attend, we can provide a personal 25% discount via the following link: http://cloudbeat2013.eventbrite.com/?discount=Global More about CloudBeat: Hundreds…

As well as boasting an impressive speaker line up when it comes to VCs, beGLOBAL also feature some very interesting entrepreneurs and business people, two of which are Saeju Jeong, Co-CEO at Noom and Suk Park, Co-Founder of DramaFever. With both being born in Korea and currently based in New York, they have a lot in common. But the biggest common denominator is their success. Since the age of 19, Saeju Jeong…