BUSINESS
LG Innotek develops first Qualcomm chip-based module for cars
LG Innotek announced Wednesday the company has developed a communications module for automobiles based on Qualcomm’s 5G chip as the first in the world. The 5G communications module, a combination of...
Oct 16, 2019
Korea’s largest lithium-ion battery show kicks off
InterBattery, the country’s biggest trade show for lithium-ion battery makers, kicked off Wednesday for a three-day run, drawing around 100 domestic and foreign companies to showcase their newest ene...
Korean firms embrace cloud computing to be competitive
With cloud computing technology advancing at a rapid pace, South Korean companies are also transforming the way they handle their data and operations. SK Group’s IT service affiliate SK C&C said Mon...
Oct 15, 2019
Samsung vs. LG spat continues on YouTube
The spat over TV technology between South Korean tech giants Samsung and LG has continued online, with Samsung hinting at the burn-in problem of LG’s organic light-emitting diode TVs, according to in...
LTE speed gap in Seoul metropolitan area widens: lawmaker
The fourth-generation Long Term Evolution internet speeds are not consistent and vary across the Seoul metropolitan area, a lawmaker said Monday. Citing a 2018 survey conducted by the Ministry of ...
Oct 14, 2019
SK hynix’s YouTube video hits 12 million views
A YouTube video that chronicles SK hynix’s technological challenges over the years to mass-produce the world’s first 128-layer triple-level cell 4D NAND chip has received over 12 million views in les...
Samsung Galaxy Fold available again in Korea, soon in Japan, China
The third batch of Samsung Galaxy Fold smartphones were set to be released in the Korean market Monday, drawing attention to the total volume of available units. Samsung was to begin taking orders f...
Oct 13, 2019
Samsung Display officially invests W13.1tr in world’s first QD display
President Moon touts bright future of Samsung in ceremony hosted by Lee Jae-yong
Oct 10, 2019
Tax agency slaps W1b in taxes on 7 YouTube content creators
South Korea's tax agency has slapped a combined 1 billion won ($833,000) in taxes on seven YouTube content creators in the first known crackdown on tax evasion by such people, a ruling party lawmaker...
Naver, Kakao seek to woo consumers with service upgrades
South Korean internet giants Naver and Kakao are seeking to attract more subscribers with service upgrades reflecting the rapid changes in online behavior. The country’s biggest search engine Naver ...
Oct 9, 2019
Naver introduces social media influencer search function
South Korea’s internet giant Naver unveiled on Tuesday a social media “influencer research” function as part of its efforts to provide a creator-friendly platform and technology. The new search func...
Oct 8, 2019
Samsung hints at recovery in demand for memory chips, forecasts robust Q3 earnings
Tech giant forecast to post W7.7tr in Q3 operating profit due to smartphone, display businesses
LG Electronics reports largest-ever 3Q sales
LG Electronics said Monday it posted its largest-ever third-quarter sales this year, as it released its preliminary guidance for its third-quarter earnings. LG is forecast to post 15.69 trillion won...
Oct 7, 2019
Samsung to fund W33b for research on future tech
Samsung Electronics said Monday it will dole out 33 billion won ($27.6 million) for academic research projects on future technologies in the fields of basic science, materials and information communi...
Nuclear plant operator remains vulnerable to cyberattack: lawmaker
Cyberattacks targeting South Korea’s nuclear plant operators have occurred constantly over the past decade, with the number of hacking attempts during the period reaching more than 1,300, a lawmaker...