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South Korea’s antitrust regulator said on March 21 that it has canceled part of a penalty of 273 billion won ($243 million) it previously levied against US mobile chipmaking giant Qualcomm. The m...
South Korea’s top mobile messenger operator Kakao has acquired a 28.9 percent stake in travel agency Tidesquare for 34.7 billion won ($30.70 million), it said on March 19. Established in 2009, Tides...
The South Korean taxi industry has long been tainted with negative perceptions: bad interiors, reckless driving, overcharging, refusing short fares and impolite drivers. In a bid to tackle these iss...
South Korea’s telecom industry and smartphone makers are bending over backwards to stay in the race for bringing 5G network services to the market for the first time in the world. Ironically, the bi...
Sweden-based audio streaming platform Spotify is poised to enter the South Korean digital music market worth 1 trillion won ($880 billion), according to the Electronic Times on March 18. The local m...
South Korean mobile carrier SK Telecom said on March 18 it will apply quantum cryptography technology in its 5G network to ensure security of its operations. Quantum-safe technology encrypts tran...
South Korea’s antitrust regulator said on March 14 it has urged US internet giant Google to make changes in some of its terms of service. The Fair Trade Commission said Google should inform its u...
South Korean firm KT said on March 12 it will integrate its 5G network with a voice-controlled drone enabled by artificial intelligence to better monitor major infrastructure. KT signed a memoran...
South Korean fixed-line operator SK Broadband on March 12 introduced a homeschool service targeted for toddlers on its IPTV network, in collaboration with education experts. It has teamed up with...
South Korea’s game developer DoubleU Games will transfer its stock listing to the country’s main Kospi exchange this week, the bourse operator said on March 12. The company, which has been listed...
The global photo- and video-sharing platform Instagram aims to help South Korean culture, noticeably K-pop and esports, expand globally, the company’s new chief said on March 12. “K-pop is much m...
Korea’s telecom giant SK Telecom is pushing to team up with Singapore’s Singtel to mutually invest in their over-the-top subsidiaries, industry sources in Seoul said on March 10. The partnership,...
Coworking space giant WeWork said on March 6 that it has inked a deal with Multicampus, a Samsung Group affiliate, to provide tailored office spaces and management consultation through its Powered by...
Global tech giant Google, a leader in the artificial intelligence sector, aims to develop various tools to ensure that everyone can benefit from the cutting-edge technology, top executives said on Ma...
Telecom giant KT said on March 6 it has established mobile edge computing centers in eight major cities to optimize its 5G network’s performance, getting ready for its commercial rollout later this m...
Woori Financial to acquire two Anbang-owned AMCs
Yanolja seeks talents for global biz expansion
WeMakePrice to start food delivery service
Hotel Shilla hit by drug scandal
YG Entertainment shares plunge amid tax probe
NPS to oppose Samsung Biologics’ proposals for shareholders meeting
Samsung develops next-gen DRAM chip
QARAsoft launches official version of robo advisor app Kosho
March 22, 2019
