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Samsung lays out vision for innovative user experience, unveils new premium TV

By Woo Jae-yeonSEOUL, March 30 (Yonhap) -- Samsung Electronics Co. on Wednesday laid out a vision for new innovative TV experiences and introduced its latest premium TV product.During a live online event, titled Unbox & Discover 2022, the world's
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SK hynix appoints former chief product officer as new co-CEO

SEOUL, March 30 (Yonhap) -- SK hynix Inc., the world's second largest memory chip maker, on Wednesday appointed its chief safety, product and production officer as new co-CEO.Kwak Noh-jung will replace Lee Seok-hee, who has served the company as
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SK hynix seeks to buy British chip designer Arm through consortium

SEOUL, March 30 (Yonhap) -- SK hynix Inc., the world's second largest memory chip maker, is reviewing to acquire British semiconductor company Arm Ltd. with strategic partners, its top executive said Wednesday. "We are reviewing possibly fo
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Samsung asks U.S. to ensure equal chance for CHIPS Act incentives

By Woo Jae-yeonSEOUL, March 29 (Yonhap) -- Samsung Electronics Co. called on the United States to give foreign chipmakers an equal chance to compete for state incentives to expand production capacity and solve a continuing chip shortage, a document s
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Upbeat earnings forecast for Samsung, SK hynix in Q1: survey

By Woo Jae-yeonSEOUL, March 29 (Yonhap) -- Samsung Electronics Co. and SK hynix Inc., the world's two largest memory chip makers, are forecast to report robust earnings in the first quarter, despite a hike in raw material prices and continued glo
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SK Broadband should seek compensation from Netflix over network fees: expert

By Kim Han-jooSEOUL, March 24 (Yonhap) -- SK Broadband Co., a major South Korean internet service provider (ISP), should seek reimbursement from U.S. streaming giant Netflix Inc. for refusing to pay for network usage fees, a technology policy expert
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Hyundai Motor Group's key overseas units turn profit in 2021

SEOUL, March 21 (Yonhap) -- Major overseas units of South Korean automaking titan Hyundai Motor Group were profitable in 2021 on brisk sales of eco-friendly vehicles and increased capacity utilization, company data showed Monday.Hyundai Motor Co., th
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Apple to launch new budget iPhone SE in S. Korea next week

SEOUL, March 18 (Yonhap) -- Apple Inc. will launch its newly upgraded iPhone SE smartphone in South Korea next week, the country's telecom operators said Friday, as the U.S. tech giant aims to expand its leadership in the budget-friendly smartpho
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Samsung unveils new budget Galaxy smartphones

By Woo Jae-yeonSEOUL, March 17 (Yonhap) -- Samsung Electronics Co. on Thursday launched new cheaper Galaxy A smartphones, the tech giant's entry-level gadget targeting users looking for more affordable smartphones with advanced features.Samsung r
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Samsung's foundry market share rises in Q4, narrowing down gap with TSMC: report

By Woo Jae-yeonSEOUL, March 15 (Yonhap) -- Samsung Electronics Co. expanded its share of the global foundry market in the fourth quarter, slightly narrowing down the gap with the industry's leader TSMC, a report showed Tuesday.The South Korean ch
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New Naver CEO takes office vowing to change corporate culture

SEOUL, March 14 (Yonhap) --Naver Corp.'s new CEO Choi Soo-yeon took office Monday, vowing to foster innovation and reform the corporate culture of South Korea's top internet portal operator.The company's shareholders and board of director
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Samsung set to unveil new Galaxy A series this week

By Woo Jae-yeonSEOUL, March 14 (Yonhap) -- Samsung Electronics Co. says it will unveil new Galaxy A smartphones Thursday, the tech giant's entry-level gadget targeting users looking for more affordable smartphones with flagship features.Calling t
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Saudi Arabia's sovereign wealth fund becomes NCSOFT's 2nd-largest shareholder

By Kim Han-jooSEOUL, March 11 (Yonhap) -- Saudi Arabia's sovereign wealth fund has increased its stake in NCSOFT Corp. to become the second-largest shareholder, according to a regulatory filing Friday.Public Investment Fund (PIF) acquired an addi
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S. Korean regulator unveils guideline on world's 1st in-app payment law

SEOUL, March 10 (Yonhap) -- South Korea's telecommunications regulator on Thursday unveiled a guideline to clarify potential violations of a revised law banning store operators, like Apple and Google, from forcing developers to use their own in-a
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Owners gearing up to sue Samsung for alleged performance limits in Galaxy S22 series

SEOUL, March 8 (Yonhap) -- Owners of the Galaxy S22 series, the latest smartphones by Samsung Electronic Co., are gearing up to sue the company for the models' built-in game optimizing service, which allegedly limits the phone performance, legal
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S. Korea's Cabinet OKs revised enforcement decree on in-app payment law

SEOUL, March 8 (Yonhap) -- South Korea's Cabinet on Tuesday approved a revised bill that would ban app store operators from forcing developers to use their own in-app payment systems, the country's telecommunications regulator said.The revisi
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(LEAD) Samsung says recent cyberattack causes no personal data breach

(ATTN: ADDS spy agency's comments in last para)SEOUL, March 7 (Yonhap) -- Samsung Electronics Co. said Monday that a recent cyberattack by a hacking group on its system did not cause major harm to its business and customers.In a statement posted
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Samsung says recent cyberattack causes no personal data breach

SEOUL, March 7 (Yonhap) -- Samsung Electronics Co. said Monday that a recent cyberattack by a hacking group on its system did not cause major harm to its business and customers.In a statement posted on the company's internal forum, Samsung said n
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Samsung forced to stop shipments to Russia over currency, logistics issues

By Woo Jae-yeonSEOUL, March 7 (Yonhap) -- Samsung Electronics Co. said Monday that it has temporarily suspended product shipments to Russia due to major disruptions in global logistics over the unrest over the Russian invasion of Ukraine."Samsu
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ICT minister tests positive for COVID-19 after attending MWC 2022

SEOUL, March 7 (Yonhap) -- South Korea's science minister has tested positive for COVID-19 after attending a global mobile technology trade fair in Spain last week, government officials said Monday.Science and ICT Minister Lim Hye-sook was confir