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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...
The South Korean unit of US tech giant Apple has asked South Korea’s antitrust regulator to adopt a consent decree that would end a legal dispute over its alleged violation of competition law. Ap...
SK Telecom rapidly increased the number of its 5G subscribers in May with aggressive marketing for new smartphones, regaining a leading market position in the next-generation mobile network, governme...
South Korean chip and display makers are expected to embrace yet more uncertainty from Japan’s restriction of exports of key materials for their production amid diplomatic rows between the two nation...
Telecom firm KT said July 1 it has launched a high-resolution wireless virtual reality media service to offer a wide range of immersive content for its premium users. The company said its Super V...
The operator of popular messenger service Line has unveiled a concept called “Life on Line” to promote the vision of life infrastructure. The Tokyo-listed company Line Corp. introduced the idea at L...
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 29, 2020
