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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...
The number of jobs in information and communications technology businesses grew for the 17th straight month in May as the sector expanded its economic presence, data showed on June 27. The total num...
SK Telecom said on June 25 that it has joined hands with Deutsche Telekom to set up a joint venture that will focus on developing core 5G technologies. The telecom leaders of South Korea and Germ...
Naver Labs -- the R&D subsidiary of South Korea’s dominant internet portal and search engine Naver -- on June 25 said it will develop a solution for a more precise and detailed map that is crucial fo...
Memory chip powerhouse SK hynix is slowing down the pace to ramp up production at its new Chinese plant amid mounting concerns over the negative consequences of the escalating US-China trade war. ...
South Korea’s telecom firm KT said on June 18 it will invest 500 billion won ($422 million) by 2023 to develop cloud technologies based on its 5G network to create new business opportunities. KT ...
Samsung Electronics and SK Telecom said on June 18 they have agreed to work together to upgrade the performance of the commercial 5G network and develop technologies related to 6G. Samsung, which...
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
