South Korea's COVID-19 pandemic response was highlighted in a report compiled by the Organization for Economic Cooperation and Development (OECD), the ICT ministry said Friday. The OECD included South Korea's use of technology to combat the pandemic this year in its Digital Economic Outlook report, such as the country's mobile application that monitors those under quarantine and its epidemiological investigation system, according to the Ministry of Science and ICT. The report shares policy me

South Korean telecom giant KT Corp. said Friday it will invest 9 billion won ($8.1 million) over the next three years to reduce its reliance on overseas suppliers amid the pandemic. KT said it will make the investment until 2023 to help its local suppliers manufacture homegrown materials and parts for equipment used by the telecom operator. The move comes as KT seeks to strengthen partnerships with local companies as uncertainties from the COVID-19 pandemic weigh on global supply chains. The

LG Electronics, a major home appliance maker in South Korea, on Thursday said it will set up a new business unit in the United States to seek future growth opportunities. LG's North American Innovation Center will be based in Silicon Valley, California, with the task of exploring new business opportunities and cooperating with leading tech firms there, the company said. Rhee Sokwoo, who served as an associate director at the US National Institute of Standards and Technology (NIST), will head

South Korean telecom operators are targeting wider market penetration of cloud gaming services by expanding availability, industry officials said Thursday, amid strong demand from mobile gamers. The country's three major carriers -- SK Telecom Co., KT Corp. and LG Uplus Corp. -- have in recent months opened up their subscription services that stream console games on smartphones to other carrier users and networks. Last week, LG Uplus expanded its 5G cloud gaming service GeForce NOW's availabil

South Korean mobile carrier KT said Thursday the company’s Internet Protocol television service is now available in Thailand, marking the first export case of IPTV platform technology to a foreign country. Dubbed the “3BB GIGA TV,” KT’s IPTV platform combined with over-the-top media service is being made available in the Southeast Asian country staring Thursday under a 24 billion won ($21.7 million) deal. KT worked with 11 local partners over the past 15 months via

  SK Telecom announced Thursday the mobile carrier’s shareholders approved the spinoff of its mobility business unit as part of enhancing the carrier’s future mobility solutions. Approved by 99.98 percent of its shareholders, a new mobility business dubbed as T Map Mobility will be established on Dec. 29 as a wholly owned subsidiary. The unit has been operating SKT’s T Map service, the largest mobile navigation service whose users doubled from its rival Kakao’

South Korea will start to unveil more digital services, from mobile identification to artificial intelligence (AI) doctors, as the pandemic limits face-to-face contact, the ICT ministry said Thursday. The Ministry of Science and ICT said it has named key services to support for digital transition amid the pandemic, including rolling out mobile identification for public servants from this year and mobile driver's licenses from next year. The ministry said it will also pursue a test service for

Samsung Electronics Co. maintained the top spot in the Western Europe smartphone market in the third quarter of the year, a report showed Thursday, despite sales decline. The South Korean tech giant shipped 10.3 million smartphones in Western Europe in the July-September period for a 35.6 percent market share, according to industry researcher International Data Corp. (IDC). The figures were slightly down from a year ago when the company shipped 11 million smartphones for a 35.8 percent marke

SK Telecom Co., South Korea's leading wireless carrier, unveiled Wednesday a new artificial intelligence (AI) semiconductor for data center operations, expanding its business to the semiconductor market. The new SAPEON X220 is the first AI chip developed by the mobile carrier and also the country's first AI chip for data centers. SK Telecom said its new semiconductor will target the global AI chip market set to grow to 50 trillion won ($45 billion) by 2024, citing data from market researcher

Samsung Electronics Co. was the top vendor in the Europe, Middle East and Africa (EMEA) smartphone market in the third quarter of the year, a report showed Wednesday, despite sales decline. Samsung shipped 29.6 million smartphones in the EMEA market in the July-September period for a 31.8 percent market share, according to industry researcher International Data Corp. (IDC). The figures were slightly down from a year ago when the company shipped 31.6 million smartphones for a 34.7 percent mar

Samsung Electronics Co. remained the second-largest smartphone vendor in Canada in the third quarter of the year but narrowed its market share gap with Apple Inc., a report showed Wednesday. The South Korean tech giant took a 33 percent market share in the July-September in Canada, up from 32 percent a year ago, according to industry tracker Counterpoint Research. Apple kept its top status in Canada, accounting for a 53 percent share in the third quarter of the year, down from 56 percent a ye

Naver Corp., the operator of South Korea's dominant internet portal, is positively reviewing making inroads into the Japanese search engine market despite two previous failures, the company's executive said Wednesday. Naver first entered the Japanese search engine market by establishing Naver Japan but exited the country in 2005. Naver made another attempt in the market by introducing a search engine, Naver Japan, but closed down the service in 2013. "We believe we can make it this time,&

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Samsung Electronics posted an all-time high share in the global TV market in terms of revenue during the third quarter, according to a report. Market research organization Omdia said in its report that Samsung‘s market share in the third quarter reached 33.1 percent in terms of revenue, a record-high quarterly figure for the company. Samsung Electronics’ revenue from TV sales in the third quarter reached $9.3 billion, up by 22 percent on-year. Samsung sold a total of 14.85 mil

LG Electronics Inc. on Monday introduced a new cinema projector in South Korea that boasts easy screen alignment amid the pandemic-driven stay-at-home trend. The latest model of the LG CineBeam Laser 4K, the HU810PW, is equipped with a "triple image adjustment" feature that gives more installment options to users, the South Korean appliance maker said. It will be sold at 3.79 million won ($3,400) here. The new projector can create a rectangle screen even if it is positioned at the