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Biz & Tech

IT

Wed, January 29, 2020 | 19:58

Samsung rolls out AI-powered washer, dryer

Samsung rolls out AI-powered washer, dryer

Samsung Electronics rolled out new washers and dryers featuring artificial intelligence (AI) technology Wednesday, to offer what it claims are more “effective ways” for consumers to do their laundry, and possibly to take a market lead over arch-rival LG Electronics.

Baek Byung-yeul | 2020-01-29 17:12

Korean firms won't suspect plants in China

Korean firms won't suspect plants in China

Major South Korean exporters, which operate manufacturing facilities in China, said Wednesday they have no plans to close plants there despite the increasing death toll from a coronavirus outbreak and the growing number of infections.

Kim Yoo-chul | 2020-01-29 16:54

Korea seeking to launch startup accelerator with MS, Amazon, Nvidia

Korea seeking to launch startup accelerator with MS, Amazon, Nvidia

The government is seeking to launch a state-run startup accelerator program with renowned IT companies Microsoft, Amazon and Nvidia among others in a bid to offer burgeoning local firms scalable opportunities to compete with the technology giants, the startup ministry said Tuesday.

Baek Byung-yeul | 2020-01-28 17:19

SKT, T-broad merger may raise competition issues

SKT, T-broad merger may raise competition issues

The government gave the green light for the merger of the country's top mobile carrier SK Telecom and No. 2 cable TV operator t-broad, despite concerns the move could create fiercer competition among the three telecom companies - SKT, KT and LG Uplus - which could lead to additional mergers and unfair marketing practices to lure customers.

Kim Hyun-bin | 2020-01-27 16:52

Unprecedented supply cuts to boost Samsung, SK

Unprecedented supply cuts to boost Samsung, SK

Last year was disastrous for Samsung Electronics and SK hynix in terms of profits from memory chips due to an unprecedented steep downturn that resulted in all semiconductor manufacturers reducing spending and production capacity.

Kim Yoo-chul | 2020-01-27 16:08

Korea's social media use dips in 2019 for first time: data

Korea's social media use dips in 2019 for first time: data

South Koreans' social networking service (SNS) use dipped for the first time in 2019, amid the waning popularity of sharing platforms, such as Facebook, data showed Monday. According to the data from the Korea Information Society Development Institute (KISDI), 47.7 percent of people surveyed used SNS last year, down from 48.2 percent in the previous year.

2020-01-27 09:57

Telecom companies saddened by drop in 5G subscribers

The commercialization of the fifth-generation (5G) technology garnered explosive popularity among the public in the beginning, attracting over 500,000 new subscribers each month from last April to October. But the demand was short-lived with the lack of the introduction of 5G smartphones, a shortage in marketing budgets and the unstable coverage, which have become barriers fo...

Kim Hyun-bin | 2020-01-25 20:45

Naver's global webcomic biz on growth track

Naver's global webcomic biz on growth track

Naver Corp., South Korea's top internet portal operator, is witnessing a growth in its webcomic business, which will eventually improve its earnings, industry sources said Friday.

2020-01-24 20:04

YouTube fined 867 mil. won for violating telecom law here

YouTube fined 867 mil. won for violating telecom law here

Korea's telecommunications regulator has imposed an 867 million won ($745,172) fine on Google, Wednesday, for breaching the Telecommunications Business Act here and ordered the firm to amend unfair subscription contracts for YouTube Premium, the company's paid subscription service.

Baek Byung-yeul | 2020-01-22 17:12

KT plans to acquire D'Live

KT plans to acquire D'Live

KT has established a taskforce to officially resume failed efforts to take over local TV operator D'Live, as competitors SK Telecom and LG Uplus have been increasing their market share in the pay TV sector through mergers and acquisitions (M&A).

Kim Hyun-bin | 2020-01-22 16:50

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