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Moon’s top policy aide urges businesses to embrace ‘labor-friendly’ initiativesTechnologyNov 20, 2019President Moon Jae-in’s top policy aide urged business leaders on Wednesday to support a government bill drafted to expand the scope of the 52-hour-week system, amid growing concerns that the adminis... -
KT aims to expand 5G technology into medical sectorTechnologyNov 17, 2019South Korean mobile carrier KT has pledged to develop a virtual reality surgery platform with a local software company in a push to expand the use of the fifth-generation wireless network into the m... -
Ministry extends bidding for W120b public IT projectTechnologyNov 13, 2019The South Korean government has extended the bidding deadline for a digital budget accounting system called “dBrain,” after LG CNS and its partner ITCEN decided Tuesday not to enter the race. Samsun... -
Seoul, Tokyo to hold 2nd round of talks for WTO dispute settlementIndustryNov 8, 2019South Korean and Japanese trade officials are expected to hold their second round of working-level meetings in Switzerland later this month in an effort to resolve the two countries’ ongoing trade di... -
SKT applies K-pop singer’s voice to smart speakersIndustryNov 8, 2019South Korea’s largest mobile carrier SK Telecom said Friday it has introduced upgraded functions for its smart speaker Nugu, including a voice assistant that sounds like a popular K-pop singer. Ti... -
Kakao posts all-time high earnings on the back of mobile ad businessTechnologyNov 7, 2019Korean internet giant Kakao announced a significant increase in its third-quarter earnings Thursday, backed by the growth of its advertisement platform on popular messenger app KakaoTalk. The comp... -
Coffee shops full to brim in KoreaIndustryNov 6, 2019While coffee outlets remain one of the most popular self-owned businesses in South Korea, one out of 10 of them suffer from losses, according to a new report Wednesday. According to KB Financial Gro... -
LS Cable, KEPCO commercialize superconducting cablesIndustryNov 5, 2019LS Cable & System and Korea Electric Power Corp. said Tuesday that they have for the first time in the world succeeded in commercializing superconducting cable technology thorough their joint project... -
KB Kookmin Bank enters telecom biz with cheaper subscription plansIndustryNov 4, 2019Seeking to diversify its portfolio, South Korea’s KB Kookmin Bank said Monday it has launched a low-cost subscription plan for telecom services. Smartphone users here can register for the company’... -
KT plans to innovate IPTV with AI curation, VR contentsIndustryNov 4, 2019Korean telecom giant KT on Monday pledged to transform its internet TV service with the technologies of artificial intelligence and virtual reality to improve the company’s standing in the paid TV ma... -
SDI meets US safety standard for ESS fire prevention testIndustryNov 3, 2019South Korea’s Samsung SDI has become the first Lithium-ion battery manufacturer to meet the safety standard for fire prevention test developed by a US certification firm, the battery maker said Sunda... -
KT to build high-tech rescue center in HimalayasTechnologyNov 3, 2019South Korean mobile carrier KT is planning to establish a high-tech rescue center on a popular trekking course in the Himalayas to ensure the safety of those trekking the mountainous region in Nepal.... -
Paradise Casino Walkerhill holds event for Mongolian students in SeoulIndustryOct 31, 2019Paradise Casino Walkerhill’s chief Park Byeong-ryong held a community event with Mongolian students living in Korea, to improve their occupational aptitude and career trajectory, the company said Th... -
‘Cross-border forestry cooperation key to regional partnership’IndustryOct 30, 2019South Korea and countries in Southeast Asia are seeking to join hands in developing forests in cross-border areas throughout the region to enhance their partnership for the security and environment.... -
KT to invest W300b on AI tech by 2023IndustryOct 30, 2019South Korean telecom giant KT said Wednesday it will spend 300 billion won ($256 million) on developing advanced artificial intelligence technology by 2023 to expand its high-tech business at home a...
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