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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...
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...
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...
South Korea’s social casino game developer DoubleUGames said its operating profit rose 16.5 percent in the second quarter on-year. The company recorded 40.3 billion won ($34.30 million) in operating...
South Korea’s telecom operators are expected to have posted downbeat earnings in the second quarter despite robust sales due to their cutthroat competition to attract 5G subscribers, analysts said on...
NHN Payco said on July 22 that its Payco Point payment solution will be available on video streaming service YouTube, marking the first partnership between a South Korean mobile payment solution firm...
South Korea has proposed that the International Telecommunication Union adopt its 5G technologies as global standards, the country’s Science Ministry said on July 18. The ministry said it has ask...
For South Korea’s leading mobile game maker, Netmarble, when it rains, it pours. When it came out with BTS World, a story-based mobile game in which players become BTS’ managers -- responsible for g...
The number of South Korean users subscribing to the US video streaming platform Netflix has nearly tripled on-year to surpass the 1.8 million mark, industry data showed on July 16. Netflix is est...
GWANGJU -- Fifth-generation network services -- the next step after long-term evolution, or 4G -- still seem a long way off for most mobile users despite ongoing efforts by telecom firms and mobile d...
The world’s first commercial 5G services in South Korea are expanding, with the number of users rising at an eye-popping pace since their launch in April. But local carriers face the daunting task of...
Payment solutions firm NHN Payco said on July 5 that it has attracted 75 billion won funding from investors. The company said insurance company Hanwha Life and local investor Nub invested 50 billion...
S. Korean startups use M&As to improve apps, services
Samsung sees market share improve in Japan in Q3
Celltrion Pharm posts W47.43 b sales in Q3
CJ denies rumors it plans to sell Olive Young for W500b
Naver shares soar on Line-Yahoo Japan merger talks
Iljin Materials receives W600b from STIC Investment
Samsung Biologics receives ISO certification
Samsung SDS holds developer conference in Seoul
November 17, 2019
