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Tech giant Samsung Electronics took the wraps off its new larger-screen smartphone models, Galaxy Note 10 and Note 10 Plus, on Aug. 7 in New York, aiming to vitalize the slowing smartphone sales in...
Despite criticism on the overt commercialization of its platform, Kakao Corp., the operator of South Korea’s leading mobile messenger KakaoTalk, proves it is worth it. The company on Aug. 8 said its...
Samsung Electronics’ mobile chief said on Aug. 8 that Japan’s export curbs wouldn’t affect launches of its upcoming premium smartphones but warned of their potential impact if they are prolonged. ...
The number of 5G subscribers in South Korea surpassed the two million mark four months after the commercial launch of the ultrafast network, industry data showed on Aug. 8. Users of 5G mobile pla...
WeMade Entertainment, a South Korean game developer best known for The Legend of Mir, said it turned profitable in the second quarter, backed by growing income from royalties. The company’s sales ro...
Telecom operator KT said on Aug. 7 its net profit sank 33.4 percent in the second quarter from a year earlier as it ramped up spending on its 5G network and marketing. The South Korean telecom pr...
Semiconductor giants Samsung Electronics and SK hynix have requested parts suppliers to utilize domestic equipment and materials instead of those imported from Japan following its trade restrictions,...
Samsung Electronics saw its share in China’s smartphone market fall back below 1 percent in the second quarter as Chinese consumers bought more domestic brands, industry data showed on Aug. 6. Th...
Samsung Electronics on Aug. 6 unveiled its latest smart watch, Galaxy Watch Active 2, with improved fitness tracking functions and connectivity to its smartphones. The device is the latest additi...
Chinese and Taiwanese tech companies are sensing an opportunity to grab higher global market share in the semiconductor, display and battery sectors amid the latest trade feud between South Korea and...
Seeking to introduce a series of advanced mobile payment services targeting the offline market this year, tech companies are upping heated competition over the smartphone-based payment market here. ...
Line Corp. has obtained approval from authorities for an internet-based bank in Taiwan, according to the operator of popular messenger Line on Aug. 1. Taiwan’s Financial Supervisory Commission grant...
Samsung Electronics’ operating profit plunged 55.6 percent on-year in the April-July period to 5.18 trillion won ($4.4 billion) due mainly to weak memory chip prices, according to the firm’s second-q...
The initial production volume of Samsung Electronics’ Galaxy Fold smartphone for the Korean market is expected to come in at 20,000 to 30,000, according to news reports on July 29. Samsung is curren...
Faced with neck-and-neck competition and trade conflicts between global economic powers, South Korean IT giants saw their profits tumble in the April-July period. Naver announced on July 25 that it...
Yanolja preps to go public in 2022
Antitrust watchdog drafts law to regulate online platforms
Kakao Pay eyes IPO next year
SC Bank Korea partners Toss to launch short-term personal loan
Big Hit’s offering price fixed at 135,000 won
Proptech startup Kasa Korea attracts W9.2b in series B funding
Korean lenders struggle with New York hotel-retail project investment
Netmarble launches storytelling game BTS Universe Story, second collaboration with BTS
September 30, 2020
