BUSINESS
Twitter focuses on 'public conversation' in S. Korean society: CEO
Global online social networking service Twitter Inc. aims to make more people participate in "public conversation" in South Korea, the company's chief said Friday. "We believe public conversation in...
Mar 22, 2019
Samsung to launch world’s first 5G smartphone on April 5
Samsung Electronics announced Friday it will start selling the Galaxy S10 5G from April 5, to become the world’s first to launch a device for the fifth-generation telecommunications network. The com...
Mar 21, 2019
LG G8 ThinQ goes on sale in S. Korea on March 22
South Korean tech firm LG Electronics said on March 21 its new flagship smartphone, the G8 ThinQ, will officially go on sale in the domestic market this week. The G8 ThinQ is priced at 897,600 wo...
EU fines Google 1.49 bn euros for anti-trust breach
The EU's powerful anti-trust regulator slapped tech giant Google with a new fine on Wednesday over unfair competition, in Europe's latest salvo against Silicon Valley. (Yonhap) "Today the commissio...
Mar 20, 2019
Samsung vows 5G and AI lead, shareholders lambast low stock price
In the first shareholders meeting Wednesday since a 50:1 stock split in May last year, Samsung’s chief executives vowed better performance with technological leads in 5G and artificial intelligence, ...
Kakao expands into tourism industry after acquiring Tidesquare
South Korea’s leading mobile messenger operator, Kakao, is seeking to make inroads into the tourism industry after acquiring a local travel company. According to Kakao’s publicly filed 2018 financia...
Market gloomy over chipmakers’ plummeting earnings forecasts
Lower-than-expected Q1 estimates of Samsung, SK hynix overclouds chip-reliant economy
Mar 19, 2019
Analysts call on Korean panel makers to make faster shift to OLED
In response to Chinese panel makers’ latest moves to start producing large liquid crystal display panels, market analysts called on Korean display companies to speed up execution of their plans to sw...
Samsung passing test to hasten Korea’s 5G launch
Concern persist among experts over government’s ‘hasty’ efforts to clinch the title of world’s first 5G service
Ready, set, binge: LG looks to change course with M&As
LG Electronics CEO Jo Seong-jin recently conceded that as a newcomer in the mergers and acquisitions market in 2015, the firm had a tough time acquiring a stake in family-owned Austrian headlight mak...
Mar 18, 2019
Samsung’s 2nd Pyeongtaek memory fab likely to start operation early next year
Tech giant seen moving fast to maintain lead on prediction of market recovery next year
Mar 17, 2019
Samsung says updates will improve fingerprint scanning on Galaxy S10
In response to complaints raised by some users of Galaxy S10 and S10+ models regarding its first in-display fingerprint scanner, Samsung Electronics said Thursday it will keep upgrading software to i...
Mar 14, 2019
Galaxy S10 shipments to be 20 million in H1
Samsung Electronics is expected to ship out a total of 20 million Galaxy S10 series phones within the first half of this year, industry sources said Wednesday. If they are correct, the series will ac...
Mar 13, 2019
LG to kickoff preorders of G8 ThinQ featuring practical design aspects
A model promotes a LG G8 ThinQ model. (LG Electronics) Shunning the hype on unconventionally bendable fondable phones to be launched by rivals, LG Electronics is seeking to make a mark through pract...
Mar 11, 2019
Instagram to help K-pop expand globally: CEO
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 Monday. "K-pop is much more than...