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IT budget of financial firms hits record high in 2016

Information technology spending by more than 150 South Korean financial firms hit a record high in 2016, the central bank said Monday, in an apparent move to meet the growing demands for more wired b...

Updated : 2017.07.10 15:06

[Reshaping semicon map] SK hynix on quest for 3-D NAND crown

The global semiconductor industry is experiencing an unconventional market boom as the world approaches the “fourth industrial revolution.” Defined by the World Economic Forum as a fusion of techn...

Updated : 2017.07.09 17:12

LG to use energy efficient, quiet compressors on all new

LG Electronics Inc. said Sunday that it will adopt its energy efficient and quiet compressors on all new refrigerators this year. The global home appliance manufacturer said its top-of-the-line inve...

Updated : 2017.07.09 16:56

Samsung Galaxy S8 rated as No. 1 smartphone in early adopter review

Samsung Galaxy S8, the Korean tech giant Samsung Electronics Co.'s flagship smartphone, has been rated as the No. 1 smartphone in the U.S. market, industry tracker Strategy Analytics said Sunday. Th...

Updated : 2017.07.09 16:02

Kakao partners with Volkswagen for smart mobility business

South Korean mobile messaging giant Kakao and global automaker Volkswagen have partnered to move forward their smart mobility businesses centered on technologies for autonomous vehicles and connected...

Updated : 2017.07.07 15:29

Measures to separate subsidies for device, service plans likely this year

Among measures being considered by the South Korean government to help reduce the burden of mobile costs on households, the separation of subsidy costs paid by mobile phone manufacturers and telecom ...

Updated : 2017.07.06 17:26

Kakao to transfer to Kospi on Monday

Kakao, the operator of mobile messenger KakaoTalk and web portal Daum, will be relisted on the top-tier Kospi market Monday, after delisting itself from the second-tier Kosdaq, stock market operator ...

Updated : 2017.07.06 16:39

NCSoft’s ‘Lineage M’ adopts trading system, boosts profitability outlook

South Korean game company NCSoft has received the green light from local regulators to introduce an in-game item trading system to its recently-launched hit mobile role-playing game “Lineage M,” bo...

Updated : 2017.07.06 15:47

Samsung named Asia’s best brand for 6th year

South Korean tech giant Samsung Electronics was named Asia’s best brand for the sixth consecutive year by market researcher Nielsen on Wednesday. Samsung, the world’s top semiconductor and smartphon...

Updated : 2017.07.05 16:07

IoT service subscribers near 6 million in Korea

The number of South Koreans using Internet of Things services introduced by the country’s three mobile carriers is on the rise, providing a new breakthrough for the telecom companies’ stalled growt...

Updated : 2017.07.05 16:07

KRX greenlights Kakao relisting

Korea Exchange gave Kakao, which is listed on the second-tier stock market, a nod of approval for entry into the main bourse Monday, 40 days after the company applied for the change. Stocks of Kakao...

Updated : 2017.07.04 16:22

Gamevil, Com2uS form joint ventures in Europe, Southeast Asia

South Korean mobile game publisher Gamevil and its subsidiary Com2uS said Tuesday that they have established joint venture companies in Europe and Southeast Asia to better buttress their growth in th...

Updated : 2017.07.04 16:18

Samsung kick-starts new NAND chip plant in Pyeongtaek

The world’s biggest memory chip provider Samsung Electronics announced Tuesday the company had officially started operation of its newest semiconductor fabrication line in Pyeongtaek, Gyeonggi Provi...

Updated : 2017.07.04 15:38

Two Kaist professors named in Korea S&T Award

Two professors of Korea Advanced Institute of Technology were selected for the 2017 Korea Scientist & Technician Award, announced the Ministry of Science, ICT and Future Planning on Monday. Lee Sang...

Updated : 2017.07.03 16:59

LG releases lightest LTE tablet PC

LG Electronics said Monday it will release the 290-gram tablet PC G Pad starting Tuesday, the lightest tablet PC among products with similar specifications. The company likened the weight of the new...

Updated : 2017.07.03 16:58