The Korea Herald

KT CEO urges transformation into platform company

Aug 4, 2020

KT CEO Koo Hyun-mo has told executives and employees in a company-wide email that the mobile carrier needs to move beyond network service provision to become a platform operator. The KT CEO’s announ...
Telcos beef up videoconferencing services amid pandemic

Aug 3, 2020

South Korean telecom companies are ramping up moves to improve their videoconference services to meet rising demand amid the COVID-19 pandemic, which has spurred a telework trend here, industry insid...
[News Focus] LG Chem is ready to defeat CATL

Aug 2, 2020

LG Chem’s Q2 results prove it can achieve profitability, quality, scale simultaneously in EV battery biz
Samsung's foundry biz expected to further grow in H2: analysts

Aug 1, 2020

Samsung Electronics is projected to see further growth in its foundry business in the second half of the year, analysts here said Saturday, with growing expectations for receiving orders from Intel C...
Naver posts all-time high sales in Q2

Jul 30, 2020

South Korea’s top internet firm Naver announced Thursday that its sales in the second quarter reached an all-time high of 1.9 trillion won ($1.6 billion), up 16.7 percent on-year. The company’s oper...
SoftBank Robotics enters Korean market

Jul 29, 2020

Company aims to seize lead with autonomous cleaning robots
[Monitor] Samsung likley to fall behind TSMC in H1 operating profit

Jul 28, 2020

While US-based Intel has maintained the top spot in the global semiconductor market in terms of sales and operating profit in the first half of 2020, South Korea’s No.1 chipmaker Samsung Electronics ...
SKT to take visitors back 600 years in time with Changdeokgung AR tour

Jul 27, 2020

SK Telecom on Monday unveiled an augmented reality-powered application designed to let visitors experience life in Seoul’s Changdeokgung 600 years ago. Changdeokgung, built in 1405 as one of the Jos...
SKT finally halts 2G mobile services

Jul 27, 2020

SK Telecom said Monday it has permanently ended its 25-year-old 2G mobile service. The top mobile carrier here received the go-ahead from the ICT Ministry last month and started to switch off the 2G...
Samsung’s consumer electronics unit pushes harder into UK

Jul 27, 2020

Samsung Electronics said Monday it has clinched multiple supply deals in the UK, in an apparent move to push harder into the home interior and housing market. The South Korean tech giant recently in...
More people over 50 use online platforms amid pandemic

Jul 24, 2020

More Koreans in their 50s in Korea have started using online platforms since the start of the coronavirus pandemic, a survey showed Friday. According to the survey conducted on 500 people over the a...
Samsung SDS’ earnings slump in Q2 due to pandemic

Jul 24, 2020

Samsung SDS said Friday its earnings in the second quarter were dented due to the COVID-19 pandemic. The South Korean firm’s sales decreased by 7.5 percent on-year to mark 2.56 trillion won ($2.1 bi...
Dyson brings affordable vacuum cleaners first to Korea

Jul 23, 2020

UK-based technology company Dyson has introduced two new cordless vacuum cleaners in South Korea, intent to test the marketability of the newest products with lower price tags here first. The two mo...
Korea to develop AI-powered immigration control system

Jul 23, 2020

The Science and ICT Ministry will invest 45 billion won ($37.6 million) in developing an AI-powered immigration control system by 2022, it announced on Friday. The ministry said it will test the sma...
KT to develop self-driving EV with Edison Motors

Jul 23, 2020

South Korea’s telecom giant KT said Thursday it has joined hands with Edison Motors to develop self-driving vehicles. The firm plans to work on the control system and other software required in self...