On Sept. 14, Apple held a virtual “California Streaming” event unveiling the new iPhone 13 and Apple Watch Series 7.  The Apple Watch will come in new sizes at 41 mm and 45 mm, departing from its standard 40 mm and 44 mm sizing. No new health features are expected. The most significant difference is its all-new flat-edged design, in line with the iPhone 12’s sleek design.  Like previous models, the iPhone 13 will be offered in four different models – iPhone 13

Disney+, the US entertainment giant’s streaming service, is expected to land in Korea via LG U+ first, the smallest of the country’s three IPTV providers. Then, it may team up with KT, the largest of the three, to further expand its reach. Earlier, Disney officially announced the Nov. 12 launch of Disney+, with a monthly subscription fee of 9,900 won ($8.40). It, however, did not disclose who its local partner is, fanning market speculation that the two Korean telecommunications

KT, one of South Korea’s leading telecom companies, said Friday it has created an organization dedicated to new investments and external partnerships in a bid to speed up the firm’s transformation into a digital platform business. The new organization is called “Group Transformation” and has been established under the CEO’s office. KT has appointed Yoon Kyung-lim, who had led KT’s media, future convergence and global businesses, as president of the new

South Korea’s leading battery maker LG Energy Solution will acquire a 4.8 percent stake in a Chinese battery material supplier for 35 billion won ($29.7 million), the company said Friday. The subsidiary of LG Chem said it has signed a deal with China’s Greatpower Nickel & Cobalt Materials for a stable supply of battery materials. Shanghai-based Greatpower has been building a plant in China for nickel sulfate, a major ingredient for lithium-ion batteries used in electric vehi

Samsung Display on Thursday said it began supplying the 90-hertz organic light-emitting diode panels for laptops of Taiwanese brand ASUS, as demand for higher-end laptop screens grow amid the pandemic. The display panels are to be featured on ASUS’ 14-inch Zenbook and Vivobook Pro series, it said. The supply marks a successful commercialization of laptop-sized OLED displays with a refresh rate of 90 hertz, which makes moving images on laptop screens look more natural. It is ideal for u

Samsung‘s chief designer on firm’s recent design feats, human-centric approach to post-pandemic era

Shareholders of SK Innovation on Thursday approved a plan to split off the battery business, the company said With the endorsement, which was made at a general shareholders’ meeting held earlier in the day, SK Innovation, a refinery-to-battery subsidiary of South Korea‘s No. 3 conglomerate, will split into two entities, which will be respectively in charge of battery and petrochemical businesses. The new entities will be officially launched Oct. 1, according to the company. SK

LG Uplus Corp., a major South Korean telecom operator, said Thursday it aims to increase sales from its smart factory solutions business by sevenfold within five years as part of its broader push to boost its enterprise-focused services. The telecom operator has recently been developing industrial solutions that use its 4G and 5G networks to automate workload and improve safety. The carrier said in an online briefing its smart factory solutions are currently used in 150 locations across the co

Disney aims to gain foothold in expanding market with launch of streaming service in Korea, amid heightened interest among local investors, telecom operators

The South Korean government said it will invest 2.6 trillion won ($2.2 billion) by 2025 in hyperconnectivity and related technologies used in newly emerging services, such as metaverse, blockchain and cloud technology. The Ministry of Science and ICT on Wednesday held an online meeting to discuss its future investment plans to support the development of key technologies in the information and technology industry. During the meeting, Minister Lim Hye-sook said, “The metaverse sector and

SK Bioscience is expected to secure a large-size COVID-19 vaccine supply deal from the COVID-19 Vaccine Global Access Facility next year, a local brokerage firm said Wednesday. The possible deal will boost earnings of the South Korean pharmaceutical company, it added. GBP510, the firm’s COVID-19 vaccine candidate, is a recombinant-protein vaccine funded by the Bill and Melinda Gates Foundation and the Coalition for Epidemic Preparedness Innovations, which is leading the vaccine-sharing

Google, under fire in South Korea for allegedly abusing others with its market power, on Wednesday hit back at the criticism, arguing it contributed 11.9 trillion won ($10.25 billion) in economic benefits to Koreans last year. Holding an online press event it called “Google for Korea,” executives of the US giant cited data from global market analysis firms to tout the positive side of its presence in Korea. “Last year, YouTube’s creative ecosystem contributed around 1

South Korea’s exports of information and communication technology products in August surpassed $20 billion for the first time in 34 months, on robust sales of semiconductor products, government data showed Tuesday. According to the Ministry of Science and ICT, the country’s outbound shipments of ICT products last month reached $20.27 billion, up 33.2 percent on-year. It was the best results ever recorded for the month of August, and second-best for any month. With that, the ICT e

South Korea‘s antitrust regulator said Tuesday it has decided to fine US-based tech giant Google 207.4 billion won ($176.8 million) for abusing its market power with the Android mobile operating system. In addition to the fine, the FTC ordered Google to stop forcing device manufacturers to sign an anti-fragmentation agreement, which has prevented the manufacturers from using operating systems developed by Google’s rivals or other variants of Android. The FTC began investigating ac

Tech firm aims to soothe public anger in face of tightening regulations