Economy of South Korea

South Korean prosecutors have arrested a former Samsung Electronics executive. The unnamed ex-exec, taken into custody last month, is charged with stealing trade secrets and attempting to use that information to build a new, copycat chip plant in China. The Suwon District Prosecutor’s Office announced its indictment of the unidentified 65-year-olddefendant in a Monday statement, according to numerous reports.Teenage Cybercrime Gang LAPSUS$ Strikes AgainGizmodo reached out to the prosecutor’s office for independent…

Amid a spike in carjackings, New York City is trying out a novel strategy for tackling theft: Apple Airtags. Mayor Eric Adams and the police department announced that officials would be distributing 500 of the trackers to vehicle owners in the city during a press conference Sunday morning.Cops Pull Over Self-Driving CarThe police department in NYC’s 43 precinct, which has been particularly hard-hit by risingcar thefts, will be giving out the donated devices. The NYPD is also encouraging city residents to acquire and…

Samsung finally enabled temperature tracking on a smartwatch launched nearly nine months ago. The Galaxy Watch 5 and Galaxy Watch 5 Pro now offer detailed menstrual tracking by measuring your core body temperature. Samsung says the new feature is rolling out “progressively” to the Samsung Health app in the U.S., Korea, and select European countries. Teenage Cybercrime Gang LAPSUS$ Strikes AgainRather than simply counting the number of days from when you input your last period, the new Samsung Health will measure your…

Image Source : LG ELECTRONICS LG Electronics faced a 23% downfall in Q1 profit LG Electronics has stated that said its operating profit for the January-March period likely declined 23 per cent from a year earlier amid the ongoing macroeconomic woes that dampened consumer demand. The South Korean tech company estimated its first-quarter operating profit at 1.49…

Image Source : PIXABAY Samsung Layoff Samsung Electronics has laid off 3 per cent of the employees at its US semiconductor subsidiary- Device Solutions Americas (DSA). Business Korea, the citing source said that the Samsung DSA notified all of its employees of the job cuts due to uncertain economic conditions. The total number of employees at Samsung DSA is 1,200,…

Photo: Jack Skeens (Shutterstock)Back in the day, you had to be foolish enough to click on a sketchy link to get your phone riddled with viruses. These days, cybercriminals can hide sophisticated malware inside of plain looking image files, the likes of which will royally screw with your phone without you having to lift a finger. The so-called “zero click” exploits are a whole different ball game. Luckily, big phone companies are doing their best to keep users safe from this sort of danger. This week, Samsung announced…

Image Source : SAMSUNG Samsung may bring its streaming app to 3rd-party TVs Samsung will reportedly bring its streaming application, TV Plus, to other manufacturers' TVs. ALSO READ: Instagram launches 'Quiet Mode' to help users overcome distractions According to the tech reporter Janko Roettgers, the tech giant is likely to bring its streaming app to TCL TVs, reports…