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The South Korean game censorship body on June 4 gave an ultimatum to foreign firms that are distributing products here without receiving government ratings, launching a surgical strike on popular clo...
SK Telecom on May 29 said that the company would develop an AI-based post production platform to help local firms to export cultural products abroad. The South Korean telecommunications firm said i...
Cafe24, a South Korean e-commerce solutions company, said on May 20 it has joined Facebook’s new initiative, “Shops,” as a partner. Facebook announced the launch of Shops on Tuesday to allow small ...
From a stock trading platform to water purifier services, South Korean game companies are diversifying their business portfolios, joining the economy-wide trend of finding auxiliary business models a...
South Korean conglomerates are increasing their support for startups created and spun off by their own employees, the companies said on May 18. The move is part of an effort to strengthen the country...
South Korean game company NCSoft said on May 12 it posted a record quarterly revenue of 731.1 billion won ($596.1 million) owing to the strong sales of mobile games as the COVID-19 outbreak kept peop...
The COVID-19 pandemic is proving to be a boon for online service providers. Korea’s NHN, for one, posted a 59 percent increase in year-on-year net profit in the first quarter on the back of a stron...
Oracle Korea on May 7 announced its second cloud infrastructure will launch by the end of May out of Chuncheon, Gangwon Province. With access to two cloud infrastructures here, the company will be a...
Korean internet giant Kakao posted record high sales and operating profit for the first quarter this year, despite the novel coronavirus pandemic fallout that has affected most industries. Accordin...
South Korean telecom firms have expanded their ICT-based senior care services recently, against the backdrop of increasing demand from an aging population. The services mainly use artificial intell...
South Korea‘s top internet portal operator Naver Corp. said on April 23 its net profit jumped 54 percent in the first quarter from a year earlier largely on the back of increased online shopping tran...
NCSoft has submitted a letter of intent to purchase a 800 billion-won property in Seongnam, Gyeonggi Province, sources said on April 17. A consortium led by the online games giant was the sole bidd...
Video streaming giant Netflix has sued local internet network operator SK Broadband, according to industry sources on April 14. The Korean unit of the US-based firm has reportedly filed a civil ...
Artificial intelligence has a great chance to prove its worth in the ongoing global war against the novel coronavirus. From garnering data about the pandemic to analyzing transmission patterns, pro...
Korean game company Nexon said on April 2 it had decided to roll back its telecommuting, requiring all staff to report for duty starting next week. According to Nexon, all employees will have to com...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 25, 2021
