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SK Telecom, KT raise Galaxy Z Flip 4 subsidies ahead of iPhone 14 launch

SEOUL, Sept. 27 (Yonhap) -- South Korean mobile carriers SK Telecom Co. and KT Corp. have raised the amount of subsidies for the high-end model of Samsung Electronics Co.'s latest foldable smartphone ahead of next month's scheduled launch of
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SK Telecom introduces virtual human Sua to promote AI assistance platform

SEOUL, Sept. 26 (Yonhap) -- SK Telecom Co., South Korea's No. 1 wireless carrier, on Monday introduced a virtual human model to promote its artificial intelligence (AI)-based assistance platform. The female virtual model, named Sua, developed by
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SK Telecom develops AI-based pet dog diagnostics platform for veterinarians

By Chang Dong-wooSEOUL, Sept. 25 (Yonhap) -- SK Telecom Co., South Korea's No. 1 wireless carrier, said Sunday it has developed an artificial intelligence (AI)-based diagnostics platform to assist veterinarians in treating injured pet dogs.The we
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Samsung's, SK hynix's Q3 earnings outlook grim amid weakened global chip demand

SEOUL, Sept. 25 (Yonhap) – The third-quarter earnings outlooks for Samsung Electronics Co. and SK hynix Inc., the world's top two leading chip manufacturers, remain largely grim due to a recent fall in global demand for memory chips, an industry
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U.S. trade commission opens investigation into alleged patent violations by Samsung

SEOUL, Sept. 23 (Yonhap) -- The U.S. International Trade Commission (ITC) said Friday it has opened an investigation into alleged patent violations by Samsung Electronics Co. over outdoor electronics displays.The formal investigation was initiated fo
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KT partners with Canada's Vector Institute for AI research cooperation

SEOUL, Sept. 23 (Yonhap) -- KT Corp., South Koreas No. 2 wireless carrier, said Friday it has signed a partnership agreement with the Vector Institute, a Canadian nonprofit artificial intelligence (AI) research institution, for joint AI-related resea
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DRAM prices forecast to drop 13-18 pct on-quarter in Q4: report

SEOUL, Sept. 23 (Yonhap) -- DRAM prices are estimated to post a quarterly decline of 13-18 percent in the fourth quarter, steeper than the previous quarter, a report said Friday, as consumer demand for electronic devices remains stagnant and macroeco
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SK Telecom's 5G download speed ranks No. 1 among global telecos: report

SEOUL, Sept. 23 (Yonhap) -- SK Telecom Co., South Korea's largest wireless carrier, ranks No. 1 in terms of download speed of 5G networks, an industry report showed Friday.According to global mobile industry tracker Opensignal, the average downlo
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Robot startup Twinny's CEO says starting company with twin brother was 'great choice'

By Chang Dong-wooSEOUL, Sept. 23 (Yonhap) -- Having majored in business administration in university and with eight years of previous work experience at the Korea SMEs and Startups Agency, Cheon Yeong-seok, co-CEO of robot startup Twinny Co., had alw
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S. Korea opens quantum tech cooperation center in Washington for joint projects with U.S.

SEOUL, Sept. 22 (Yonhap) -- South Korea has opened a quantum technology cooperation center in Washington to handle joint research and development projects in the field with U.S. partners, the Ministry of Science and ICT said Thursday.The ministry hel
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(News Focus) Is Samsung-Arm merger deal possible?

By Woo Jae-yeonSEOUL, Sept. 22 (Yonhap) -- British chip designer Arm is the talk of the town -- again -- in South Korea, as it emerged as Samsung Electronics Co.'s potential merger and acquisition target.Samsung Electronics Vice Chairman Lee Jae-
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Samsung inks deal to provide 5G solutions to Comcast

SEOUL, Sept. 22 (Yonhap) -- Samsung Electronics Co. said Thursday it will provide 5G solutions to America's largest cable service provider, Comcast, in its latest deal as one of the world's biggest 5G network services providers.The partnershi
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H20 Hospitality partners with Bespin Global for Vietnamese smart city platform

SEOUL, Sept. 21 (Yonhap) -- H20 Hospitality Ltd., a tech-based hospitality management startup, said Wednesday it has partnered with cloud service management company Bespin Global Co. to cooperate in operating digital solutions for smart city projects
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Foreign tech companies log some 4 tln won in Korean sales in 2021

SEJONG, Sept. 20 (Yonhap) -- Sales of Google, Apple and other foreign tech giants in South Korea rose more than six times in 2021 from five years earlier to flirt with 4 trillion won (US$2.9 billion), data showed Tuesday.The combined taxable income o
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S. Korea's ICT exports down in Aug. amid weakened global demand

SEOUL, Sept. 16 (Yonhap) -- South Korea's exports of information and communication technology (ICT) products fell in August from a year earlier due to a slowdown of global demand for tech goods, government data showed Friday.Outbound shipments of
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China's top legislator to visit LG's research hub in Seoul

SEOUL, Sept. 15 (Yonhap) -- China's top legislator, Li Zhanshu, will visit LG Group's massive research and development (R&D) complex in western Seoul this week, sources said Thursday, as part of his visit to South Korea for meetings with Seou
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(LEAD) LG Uplus to expand non-telecom biz portfolio to up to 40 pct of total sales by 2027: CEO

(ATTN: UPDATES with more details in paras 4, 12-13; ADDS, REPLACES photos)By Chang Dong-wooSEOUL, Sept. 15 (Yonhap) -- LG Uplus Corp. aims to expand its non-telecom business portfolio to account for up to 40 percent of its total sales by 2027, as Sou
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LG Uplus to expand non-telecom biz portfolio to up to 40 pct of total sales by 2027: CEO

By Chang Dong-wooSEOUL, Sept. 15 (Yonhap) -- LG Uplus Corp. aims to expand its non-telecom business portfolio to account for up to 40 percent of its total sales by 2027, as South Korea's third-largest wireless carrier plans to transform itself in
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Samsung Electronics unveils vision for carbon neutrality by 2050

By Woo Jae-yeonSEOUL, Sept. 15 (Yonhap) -- Samsung Electronics Co. said Thursday it will try to achieve carbon neutrality by 2050 as part of its efforts to tackle the worsening climate crisis and increase the use of renewable energy.Samsung, one of t
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(2nd LD) Google, Meta together fined record 100 bln won for unauthorized personal data collection

(ATTN: UPDATES with firms' response in last 3 paras)SEOUL, Sept. 14 (Yonhap) -- The Personal Information Protection Commission (PIPC) on Wednesday slapped a combined fine of 100 billion won (US$71.9 million) on Google and Meta Platforms for colle