By Kim Minji and Yoon Sojung
Samsung Display on Sept. 16 released a foldable OLED display panel with the world's smallest curvature of 1.4R for a smartphone.
The 1.4R rating refers to the curvature of a 1.4-mm radius circle. The smaller the figure, the more perfectly a device can be folded.
Samsung Display's breakthrough of the smallest OLED curvature on the market means a near-perfect fold for such smartphones.
This is Samsung's third foldable OLED panel and has a resolution of 2,208×1,768 pixels and a 7.6-inch screen, bigger than previous models.
The new display has received praise for its slim and sleek design thanks to the lower curvature rating of the folding area. It was first applied to the Galaxy Z Fold 2 of Samsung Electronics launched last month.
LG Electronics has also introduced a smartphone innovation through the LG Wing.
Released online on Sept. 14, the new model has a rotatable main display that enables multiple shapes.
The LG Wing can be used as an ordinary smartphone but when needed, the main screen can be moved clockwise to unveil the hidden 4-inch secondary screen that can be used with the main one. One app can run both screens or one app can be used for each screen.
Equipped with Gimbal Motion Camera for the first time in the world, the Wing allows more stable and gentle video shooting.
From next month, the model will be launched in Korea, North America and Europe in phases.
By Lee Kyoung Mi and Lee Jihae
Seven Korean products top their respective sectors in global market share, tying Korea for third place worldwide with Japan, the Japanese economic daily Nihon Keizai Shimbun said on Aug. 13.
In a survey of the global market shares of leading products and services, the daily found that Korean smartphones, DRAM chips, OLED panels, NAND flash memory chips, flatscreen TVs, shipbuilding and large LCD panels held the top global shares of their respective sectors in 2019.
The U.S. ranked No. 1 with 25 of its products dominating their markets, followed by China with 12.
The daily said Samsung Electronics topped the global markets for smartphones (21.6%), DRAMs (42.7%), OLEDs (73.5%), NAND flash memory (35.9%) and flatscreen TVs (18.7%), while LG Display's large LCD panels (24%) and shipbuilder Hyundai Heavy Industries (16.7%) dominated theirs.
SK Hynix was second in global market share for DRAMs with 28.9%, while LG Display was second to Samsung in OLEDs and LG Electronics also second to Samsung in flatscreen TVs with 15.9%.
Samsung ranked second in the global market shares for tablet devices and smartwatches. LG Chem ranked second in polarizing plates, and Samsung SDI ranked second and LG Chem fifth in mobile lithium ion batteries.
Manage Your Loyalty Cards on Your Phone
12cm is an IT solutions company that brings loyalty cards to the mobile environment. It provides a simplified loyalty points collection service by simply stamping the screen of your mobile phone, allowing the relevant app on the phone to collect points. The company recently began to expand into fintech solutions to provide an electronic payment system based on the same technology.
This year, 12cm is targeting the Chinese market, which has a population of 1.4 billion. Through cooperation with WeChat, a China-based global messenger app with 1.1 billion users worldwide, 12cm launched “Yiqi Hanyou(一齐韩游),” which issues mobile discount coupons for Chinese tourists in Korea. Focusing on the fact that Chinese tourists tend to be price sensitive, 12cm plans to lure customers to shop at their partner stores by providing discount coupons for convenience stores, restaurants, and coffee shops.
Bring the offline loyalty card system to the mobile environment
“Seeing how everyone is using smartphones, I thought about services that could be optimized to this environment and decided to bring the offline loyalty card system to the mobile environment.”12cm CEO Han Jeong Gyoun is an expert in financial IT solutions with over a decade of experience in the field. He built his career in finance and IT consulting at HP Korea and decided to set up 12cm in 2013 because he realized the power and potential of the mobile platform, as smart devices, led by 3G phones,became popular.
Han explains, “Thinking that the ‘mobile first’ era would soon begin, I wanted to start a company that specializes in the mobile channel.” Han had previously planned to provide a service similar to echoss Stamp but failed due to the lack of IT environment that could support it. However, the rapid growth of smartphones and the expanded mobile infrastructure became a ray of light.
Capturing people’s attention with convenience and compatibility
12cm’s main solution, echoss Smart Stamp, brought offline loyalty cards to the mobile environment. When a smart stamp, with its multiple touch points, touches the screen of a smartphone, the relevant app automatically collects points. This solution can be paired
with various O2O services and business models.
echoss Stamp doesn’t require a battery, as the stamp recognition process is completed on the capacitive touchscreen. It is currently protected by about 220 patents and is compatible with all smartphones, including iOS and Android devices. echoss Stamp has been attracting attention from O2O businesses, as the solution does not require other infrastructure. Usually, IT solutions that combine online and offline services require integration of offline systems and online solutions or new terminals that need to be installed offline.
echoss Stamp, on the other hand, is based on cloud computing and allows businesses to provide O2O services by simply keeping stamps that are embedded with the stores’ identification at the stores.
echoss Stamp stands out from competing technologies such as QR codes, NFC, and BLE, in terms of security, usability, and compatibility between devices and browsers. It is also extremely simple for users, since all they need to do is touch the stamp to a smartphone screen.
Based on its peerless technology, 12cm is currently collaborating with Samsung, SK Broadband, Paybank, and other innovative Korean companies, as well as Tencent, China’s largest IT company. 12cm’s echoss Stamp technology is embedded in Samsung’s S Wallet and SK Broadband’s Stampbook.
12cm’s efforts have been rewarded through a variety of awards from numerous technology-related competitions and contests. It won the highest prize in technology at the 1st DGB Financial Group Platform and Fintech Competition, top prize at the Smart App Awards 2018, and an Excellence Award from the K-ICT Born2Global Centre Member Awards. It was also named a Digital Media 2018 IT Innovative Financial Product.
Joining hands with WeChat and targeting 1.4 billion Chinese consumers
12cm declared 2018 the year of “Global 12cm” and is currently focusing on overseas advancement. Over the past five years, the company has been able to develop unparalleled technology with commercial possibilities, and now has gained enough confidence to venture out into the larger market. As of now, 12cm provides services through 53 partnerships in 22 countries, including Japan, China, Taiwan, Singapore, Thailand, Indonesia, Vietnam, the United States, and countries in Europe.
As 12cm continues to grow, K-ICT Born2Global Centre has been working with the company in a range of areas, building distribution channels and securing capital. One of the important ways the Born2Global Centre provided support was through exposure to foreign media, which allowed 12cm to leave a strong impression on world-class global enterprises. In addition, the Centre facilitated 12cm’s participation in exhibitions overseas to enter new markets, providing a foothold for the company to expand overseas.
Currently, 12cm is focusing all its efforts on the abovementioned Yiqi Hanyou, which attracts Chinese tourists in Korea to 12cm’s partner stores through a variety of discount coupons they receive on WeChat, an instant messenger app that has an absolute monopoly in China. Chinese tourists using WeChat on their smartphones can receive coupons without having to download another app.
Yiqi Hanyou has a bright future ahead, considering that China has grown into one of the largest mobile payment markets. Beijing is leading the way to a cashless economy, as people can use mobile payment systems to purchase lamb skewers in food stalls and some beggars even ask for money via QR codes. This means that Chinese tourists already used to making mobile payments can visit 12cm’s partner stores with Yiqi Hanyou and purchase products using WeChat Pay.
Han remarks, “Instead of stopping at simple loyalty marketing, vouchers, and promotional services, we hope to open a new chapter for our company by providing a variety of fintech and data-related services.”
An achievement five years in the making
In the early afternoon of June 11, 2019, a mere eight months since Pivo, a member company of the Born2Global Centre, was officially available for purchase, the venture startup celebrated its 9,823rd sale, pushing it past $1 million in total sales. At the time of writing, global sales of the innovative crowdfunded smartphone pod currently sit at $1,010,827 and backer support continues to rise.
Starting small, not thinking small
In the first weeks of its Kickstarter campaign, the majority of backer support and crowdfunding came from the US, which was expected given the US is one of Kickstarter's biggest markets. But the fact that 44 percent of Pivo's overall sales are generated outside of the US shows its universal appeal and means there's only room to grow.
Pivo continues to intrigue the world's content creation community having recently added 10,000 backers to its list of startup milestones.
(May 2019) Final Kickstarter backer shipment of 7,100 Pivos concludes
(June 2019) Indiegogo backer shipments underway
List of total current backers reaches more than 10,000 worldwide from over 90 countries
Turning a smartphone into a cameraman
From aspiring artists, creators, travelers, entrepreneurs, influencers and streamers to industry leaders and early adopters within the mobile IT and photography industry, Pivo offers everyone the power to capture more creative content with just the smartphone in their pocket. And best of all, users can photograph and film themselves without bothering someone else to do it for them.
The early feedback and postings shared by the Pivo community suggest Pivo is headed in the right direction. Here are some early user reviews and posted content.
"I just got my Pivo and it's amazing. Works perfect and I was using it without reading the guide within 30 seconds. I'm massively impressed. Silent mechanism and works exactly as described. I'm telling my followers about this... Brilliant on all levels." - Jaimee Kort (Los Angeles, USA)
"Absolutely recommend this nifty little device. You no longer have to rely on the front camera to film yourself. This uses the back camera too. Great build quality & finish. Fell in love with it within seconds." - Z Yar Khan (India)
"Amazing compact tool for my broadcasting sessions. I was lucky to test Pivo at London Design Fair 2018." - Milen Petkov (Norway)
Global retail and wholesale distribution coming soon
Pivo expects to leave the crowdfunding arena and prepare for direct e-commerce integration through the Shopify platform service with an official launch planned for summer's end. Pivo is currently in the planning stages for its global distribution structure and expects to begin shipping wholesale in the fall.
The iF Design Award 2019 announces Pivo as their top winner for the submission "Interactive Pod for Smartphone Photo and Video". For 66 years, the iF DESIGN AWARD has been recognized as an arbiter of quality for exceptional design. The iF label is renowned worldwide for outstanding design services, and the iF DESIGN AWARD is one of the most important design prizes in the world.
Pivo, a member company of the Born2Global Centre, is recognized as the winner of this year's iF Design Award, a world renowned design competition. The submission won over the 67-member jury, made up of independent experts from all over the world. With Pivo's versatility and innovative solution for content creators, Pivo made was noticed by the iF Design Award Community over 6,400 other entries from more than 50 countries. The winner of the competition is identified with the seal of quality ensured by the iF International Forum Design GmbH, the oldest independent design organization in the world today.
This announcement comes as Pivo surpasses the $640,000 mark of their Indiegogo Campaign, raising over 2343% of their original funding goal. "The entire team at Pivo are pleased about the recognition by the iF Judges for Pivo's design excellence. Validation and feedback from the greatest voices in design helps to better Pivo and make it more available to creators around the world," explained Ken Kim, the founder and CEO Pivo.
So whats next? Pivo will continue to showcase its capabilities to the world's creators at MWC Barcelona until February 28th, 2019 - building upon the momentum it has gained from its crowdfunding campaigns and international recognitions. The company's demo will take place at the booth, Hall 1 Stand 1C51. Come see makes Pivo the award winning product of 2019 by iF Design.
By Min Yea-Ji and Kim Hwaya
"Magic appears when the phone is unfolded like a book and the tablet screen pops up." (Le Monde, France)
"The Galaxy foldable phone is an unprecedented and stylish product in both technology and design." (Phoenix TV, China)
By Kim Hwaya
Korea last year had the world's highest rate of and the lowest age gap in smartphone ownership, according to the Washington-based Pew Research Center in a report.
Pew on Feb. 5 said 95 percent of Koreans owned a smartphone while the remaining 5 percent used non-smartphone mobile phones, making Korea was the world's only country where everyone had a mobile phone.
Second on the list was Israel (88 percent), followed by the Netherlands (87 percent) and Sweden (86 percent).
Korea also showed the lowest age gap in smartphone ownership. The smartphone ownership rate in the 18-34 age group was 99 percent and that of those 50 and older 91 percent for a gap of just eight percentage points. Most of the countries surveyed recorded gaps ranging from 29 (Australia) to 65 percentage points (Russia), with the exception of Israel (11 points).
Pew conducted the survey last year from May 14 to Aug. 12 on 30,133 people in 27 countries.
The largest mobile lockscreen advertising platform in joins forces with leading mobile device maker in to subsidize devices with its lockscreen advertising platform.