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Woongjin Coway is now simply Coway after Netmarble’s acquisition of the company. Coway convened an interim shareholders meeting on Feb. 7 at its head office in Gongju, South Chungcheong Province, ...
Weather forecasts often become a laughing stock, not only because meteorologists are incapable of accurate predictions but also because it is difficult due to the unpredictable weather patterns amid ...
Hyundai Motor Co. and its sister company Kia Motors Corp. said Tuesday they have suspended some of their assembly lines here due to shortages of parts from China amid the spreading coronavirus outbr...
Office-sharing firm Sparkplus announced Dec. 17 that it has signed a partnership deal with tech startup Kasa Korea. According to Kasa Korea, it is planning to launch a blockchain-based funding platf...
Samsung Electronics is widely expected to maintain its No. 1 status in the global smartphone market this year, but its Chinese rival Huawei Technologies will narrow the gap with the world’s largest s...
The number of pay TV subscribers in South Korea reached 33 million in the first six months of the year, up 540,000, or 1.67 percent, from the second half of last year, data showed Dec. 12. The fi...
SK Telecom and Samsung Heavy Industries said Dec. 10 their 5G-powered remote control ship operation test was successful. A 3.3-meter model ship made by Samsung Heavy sailed successfully in the se...
Korean investors have been turning their attention toward the real estate market, reflected in an increase in mortgage lending, while cash flows in the equity market have been overall stagnant, recen...
Telecom giant KT’s disease control platform recently launched in Kenya, widening reach in the African continent. KT’s Global Epidemic Prevention Platform will be locally serviced by the nation’s big...
The financial arm of South Korea’s leading portal operator Naver said Dec. 4 it has joined a cross-border mobile payment alliance with its Asian partners. The collaboration enables the four compa...
US chipmaker Intel said Dec. 4 that it will focus on “edge computing” that could hold the key to the success of artificial intelligence in the future. Edge computing refers to the practice of sto...
A Seoul court ruled in favor of South Korea’s antitrust regulator Dec. 4, saying its decision to impose a record fine on US chipmaker Qualcomm was justifiable. The ruling would be a setback for Q...
Online purchases in South Korea continued to show solid growth in October, government data showed Dec. 3, demonstrating the popularity of smartphones, fast delivery and convenient payment options wit...
Telecom firm KT said Dec. 2 its hotel service robot, enabled by artificial intelligence and other cutting-edge technologies, made its official debut in a Seoul hotel. The AI hotel robot, dubbed N...
From smart farming to three-wheeled electric vehicles, cutting-edge technologies of South Korean companies are in the limelight at the ASEAN-ROK Innovation Showcase 2019, being held on the sidelines ...
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 16, 2021
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