The Korea Herald

Cyberattacks in Korea spike on virus crisis

Apr 6, 2020

The number of cyberattacks in South Korea spiked in the first quarter this year, due to the number of people working remotely amid the novel coronavirus outbreak, according to SK Infosec on Monday. ...
[Chew on IT] Tech firms mobilize AI capabilities to fight COVID-19

Apr 6, 2020

‘AI has the power to be your assistant during this uncertain time’
LG Chem CEO urges caution amid ‘abnormal’ situation

Apr 6, 2020

South Korean lithium-ion battery maker LG Chem’s leader on Monday highlighted the company’s efforts to preserve cash and reestablish a contingency plan to tackle the “new abnormal,” amid the global f...
KT signs W24b deal to supply IPTV solutions to Thai firm

Apr 5, 2020

KT Corp., South Korea's leading telecommunications firm, said Sunday it has signed a 24 billion-won ($19.4 million) deal to supply internet protocol television (IPTV) solutions to a Thai firm. Under...
Tobacco firm BAT jumps in coronavirus vaccine development venture

Apr 2, 2020

BAT’s US biotech subsidiary, Kentucky BioProcessing is developing a potential vaccine for COVID-19 that is now in pre-clinical testing, the tobacco firm said Thursday. BAT aims to gain partners and ...
KT’s new chief gets rid of chairman title

Mar 30, 2020

Newly appointed CEO of South Korea’s leading telecom company KT Koo Hyun-mo on Monday relinquished his title as chairman, vowing independent and future-oriented management. Koo, who was formerly hea...
LG dumps flagship smartphone brand G Series

Mar 27, 2020

LG Electronics has decided to drop plans to highlight its flagship smartphone brand G Series as part of efforts to turn around its struggling mobile device business, according to industry sources Fri...
Samsung, LG employees to get lower pay raise this year

Mar 27, 2020

South Korea’s biggest companies Samsung Electronics and LG Electronics have decided to lower the pay raise for employees this year, according to industry sources Friday. Samsung’s management and rep...
LG Display deploys engineers to complete OLED fab in China

Mar 26, 2020

LG Display said Thursday it aims to complete its new organic light-emitting diode panel manufacturing plant in Guangzhou, China, soon and has deployed 290 engineers from here. The engineers flew on ...
Kakao’s co-CEOs to serve another 2-year term

Mar 25, 2020

South Korean internet giant Kakao announced Wednesday that its co-CEOs -- Yeo Min-soo and Joh Su-yong -- will serve another two-year term. The decision was approved at its annual shareholders meetin...
Remote work culture finally takes off in Korea, but will it stick?

Mar 25, 2020

Sudden shift to remote working upon coronavirus pushes local businesses to test solutions
Samsung begins shipment of EUV-based DRAM modules

Mar 25, 2020

Samsung Electronics Co., the world's largest memory chip producer, said Wednesday it has started shipping the industry's first DRAM modules made using extreme ultraviolet (EUV) technology. Samsung s...
Internet traffic in Korea increases 13% in March as people self-quarantine

Mar 24, 2020

Internet traffic in March has increased 13 percent over January this year as people spend more hours online under the strain of the COVID-19 outbreak, according to an ICT Ministry report released Tue...
Samsung, LG to send engineers to Vietnam upon govt. permission

Mar 24, 2020

Affiliates of Samsung Electronics and LG Electronics will send a total of 430 engineers to Vietnam in order to support their plants’ operations there, as the Vietnamese government has decided to exem...
KT teams up with government to develop AI-based healthcare system

Mar 24, 2020

Korean telecommunications firm KT has teamed up with ministries here to develop an artificial intelligence-based health care system that could track the novel coronavirus spread, the company said Tue...