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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
IT

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
IT

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
IT

(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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Game

Devsisters' Cookie Run Kingdom to showcase collaborative content with BTS

SEOUL September 21 (Yonhap) -- South Korean game development company focusing on mobile entertainment and gaming apps, Devsisters known for their collaboration with Disney will be showcasing collabora
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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
IT

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
IT

(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
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(LEAD) Google, Meta together fined record 100 bln won for unauthorized personal data collection

(ATTN: UPDATES with more info from 2nd para)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 collecting person
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Google, Meta together fined record 100 bln won for unauthorized personal data collection

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 for collecting personal information without users' consent and using it
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Apple to open 4th retail store in S. Korea this month

SEOUL, Sept. 14 (Yonhap) -- U.S. tech giant Apple Inc. said Wednesday it plans to open its fourth retail store in South Korea later this month, expanding its presence in the country to compete with local rival Samsung Electronics Co.Named "Appl
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SK Telecom, Hanwha UAM consortium partners with Jeju Province for air taxi project

SEOUL, Sept. 14 (Yonhap) -- An urban air mobility (UAM) consortium led by SK Telecom Co. and Hanwha Systems Co. said Wednesday it has partnered with the Jeju Special Self-Governing Province to launch an air taxi pilot program on South Korea's sou
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E-commerce giant Coupang denies rumors over sale of online food delivery platform

SEOUL, Sept. 13 (Yonhap) -- South Korean e-commerce giant Coupang Inc. on Tuesday denied rumors that it is selling its online food delivery platform Coupang Eats."The rumors about the sale of Coupang Eats are completely groundless," the N
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LG selects 9 startups for future growth engine

SEOUL, Sept. 13 (Yonhap) -- LG Electronics Inc. said Tuesday it has chosen nine startups that could lead the tech company's future growth in digital health, metaverse and electric mobility.LG's San Francisco-based North American Innovation Ce