The Korea Herald

Articles by Yeo Jun-suk

LATEST NEWS

February 14, 2019 Industry

Kakao's 2018 profit plummets 56%

Kakao, the operator of South Korea’s top messenger app, announced Thursday its operating profit plunged more than 50 percent last year from a year earlier despite the IT giant’s record-high annual sa...

LG Uplus to acquire CJ Hellovision for W800b

South Korea’s third-biggest telecom firm LG Uplus said Thursday the company has approved a plan to acquire the country’s biggest cable TV operator CJ Hellovision amid growing competition in the local...

February 14, 2019
Industry
What 5G office looks like: No more desktops or cables

Clocking in for work at Cetropolis, a high-rise business building in downtown Seoul, office workers literally have to do nothing other than, well, start working. They have no entrance pass for se...

February 13, 2019
Industry
With collapsed negotiations, Naver union’s first-ever strike looms

The standoff between Naver and its unionized workers continues to escalate over the company’s working conditions and labor regulations, as the tech giant’s labor union has threatened to go on strike...

February 12, 2019
Industry
SK Group seeks to launch new mobile payment service

South Korea’s third-largest conglomerate SK Group is seeking to launch a new mobile payment service by integrating various platforms scattered across its subsidiaries into one, amid growing competiti...

February 11, 2019
Industry
LG Uplus seeks to acquire Korea’s biggest cable TV operator

With South Korean telecom firm LG Uplus moving to acquire the country’s biggest cable TV operator CJ Hellovision, attention is on whether the deal will pass regulatory muster, as local service provi...

February 10, 2019
Industry
Some W200b worth of telecom mileage points lost in 6 years: lawmaker

Mobile subscribers in South Korea have lost nearly 200 billion won ($178 million) worth of mileage points accumulated over six years, a lawmaker said Thursday, as many consumers remain uninformed on...

February 7, 2019
Industry
KT plans to expand overseas network to improve Netflix connection

Korea’s major telecom and internet provider KT is seeking to expand its overseas network to improve internet connection for subscribers of Netflix, as an increasing number of domestic subscribers ar...

February 7, 2019
Industry
Netflix attributes popularity of ‘Kingdom’ to technological innovation

Without Netflix’s innovative technologies, period drama “Kingdom” might have been tough for foreign viewers to understand, as the series set in 17th century Korea features a wide range of historical ...

February 6, 2019
Technology
No more holiday traffic jam? Korean tech giants introduce traffic predictions

Starting from Friday, South Korea braced itself for one of the biggest annual movements of people nationwide as many head to their hometowns for Lunar New Year celebrations next week. According to t...

February 2, 2019
Industry
Nexon’s future in doubt as Kakao mulls bid for gaming company

South Korea’s top chat app operator Kakao has confirmed that it is reviewing a bid for gaming company, Nexon, but a rumored rival bid from Chinese gaming giant Tencent could prove stiff competition. ...

January 30, 2019
Industry
Oracle reaffirms plan to build massive data center in Korea within this year

Global software giant Oracle reaffirmed Tuesday its plan to establish a massive data center in South Korea by the end of this year, as the data management provider seeks to expand its presence in th...

January 29, 2019
Industry
With advanced electronic labeling system, Rainus seeks to expand into overseas markets

South Korean tech firm Rainus has pledged to expand into the European and Japanese markets by capitalizing on the company’s advanced automated system to help retailers better manage consumer items. ...

January 28, 2019
Industry
Facebook agrees to pay SK Broadband network fee: reports

Following a yearslong dispute with South Korea’s internet service providers over network maintenance fees, Facebook has reportedly agreed to pay SK Broadband for using its server to secure faster int...

January 27, 2019
Industry
How much will 5G service cost?

With South Koreas’ mobile carriers gearing up to nationwide their fifth-generation networks for regular consumers as early as March, they face a dilemma over whether to charge more for the faster ne...

January 27, 2019
Industry

The Korea Herald by Herald Corporation

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