The Korea Herald

Intel deal to make SK hynix world's No. 2 NAND provider

Oct 20, 2020

South Korean chipmaker buys Intel’s NAND business for $9b in biggest M&A since 2016
Line Corp. launches banking service in Thailand

Oct 20, 2020

Line Corp. announced Tuesday that the company has launched messenger-based banking platform Line BK in Thailand, together with one of the largest banks in the nation. The platform will be operated b...
SKT launches virtual meetup solution, relocates its AR/VR studio

Oct 20, 2020

SK Telecom, one of South Korea‘s leading telecommunications firms, announced Tuesday that the company would begin the global expansion of its virtual and augmented reality service, starting with Hong...
S. Korea's 5G download speed 2nd fastest globally: report

Oct 20, 2020

South Korea's 5G download speed is the world's second fastest, reaching an average speed of 336.1 megabits per second (Mbps), a report showed Tuesday. The country was only behind Saudi Arabia, which...
5G accessibility in major subway lines at over 75%: data

Oct 19, 2020

The average accessibility of the fifth-generation network in major subway lines in South Korea reached over 75 percent, a lawmaker said Monday, as the country races to boost nationwide coverage. The...
SK Broadband to build renewable energy-powered hyperscale data center in Saemangeum

Oct 19, 2020

SK Broadband will construct a renewable energy-powered hyperscale data center and a startup cluster in the Saemangeum area in Gunsan, North Jeolla Province, according to the company Monday. SK Broad...
Samsung heir flies to Vietnam to discuss expansion of mobile biz

Oct 19, 2020

Samsung Electronics Vice Chairman Lee Jae-yong on Monday flew to Hanoi to hold a meeting with Vietnamese Prime Minister to discuss possible additional investment plans in the country. The South Kore...
LG Electronics to introduce new home appliance collection next week

Oct 16, 2020

LG Electronics has introduced a teaser video on its official website and its YouTube channel, in which the company hinted at a new collection of home appliances it would roll out Wednesday. In the 1...
KT collaborates for remote analysis of clinical images

Oct 16, 2020

KT announced Friday that the company has partnered with a Korean firm to develop AI-powered remote health care services. HealthHub, KT‘s new partner company, specializes in facilitating remote analy...
SKT to spin off mobility business, build joint venture with Uber

Oct 16, 2020

SK Telecom announced Friday that the company would spin off its mobility platform and start a new joint venture with US ride-hailing company Uber Technologies. SKT plans to spin off the unit by Dec....
SK Telecom partners with Uber in mobility biz spinoff

Oct 16, 2020

SK Telecom Co., South Korea's largest mobile carrier, said Friday it will spin off its mobility platform business into a separate entity as it partners with US ride-hailing company Uber Technologies ...
LG CNS launches web-based platform for AI services

Oct 15, 2020

LG CNS has rolled out an online platform that provides artificial intelligence services, through which users can select AI services and pay based on the level of use, the company said Thursday. The ...
LG Uplus opens 7-story product showroom targeting Gen Z

Oct 15, 2020

South Korean telecom giant LG Uplus Corp. said Thursday it opened a seven-story product showroom in southern Seoul by partnering with local popular establishments as part of its broader efforts to ca...
LG Innotek develops advanced ferrite for slimmer TVs, lighter EVs

Oct 14, 2020

LG Innotek, the high-tech parts making unit of LG Group, said Wednesday the company has developed a “highly efficient” ferrite material to be used for ultra slim TVs and vehicles. Ferrite, made of i...
Samsung heir meets ASML head to enhance cooperation

Oct 14, 2020

Samsung Electronic Vice Chairman Lee Jae-yong met top executives of Dutch semiconductor equipment provider ASML, the company said Wednesday. Lee held a meeting with Peter Wennink, ASML’s chief execu...