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Netflix raises subscription fees in S. Korea amid controversies over network usage

SEOUL, Nov. 19 (Yonhap) -- U.S. streaming giant Netflix has raised its monthly subscription fees in South Korea as increased data traffic over its hit "Squid Game" rekindled controversies with internet service providers over network usage
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LG OLED TV shipments reach 10 mln milestone since 2013 release: report

SEOUL, Nov. 19 (Yonhap) -- LG Electronic Co.'s shipments of its premium OLED television have surpassed the 10 million milestone in the third quarter since it was released in 2013, new data showed Friday.It took the South Korean TV maker seven yea
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Samsung's Lee discusses COVID-19 vaccines, wireless business with leaders of Moderna, Verizon

By Woo Jae-yeonSEOUL, Nov. 18 (Yonhap) -- Samsung Group's de facto leader Lee Jae-yong has met with leaders of Moderna and Verizon in the United States to enhance cooperation with the global partners, Samsung said Thursday, as part of efforts to
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Sino-U.S. tech war casts pall over SK hynix's looming overhaul of its Chinese chip plant

By Woo Jae-yeonSEOUL, Nov. 18 (Yonhap) -- SK hynix Inc., a major South Korean memory chip maker, said Thursday that it will flexibly operate its Chinese plant as its plan to overhaul the facility could be jeopardized amid the escalating tech tussle b
Apple releases updated iOS to fix call drop issue

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SEOUL, Nov. 18 (Yonhap) -- Apple released an update to its mobile operating system Thursday to fix dropped calls on iPhone devices, including the iPhone 12 and 13. The release of the iOS 15.1.1, an updated version of the iOS 15.1, fixes the call drop
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Samsung cements top spot in DRAM market in Q3

SEOUL, Nov. 18 (Yonhap) -- Samsung Electronics Co. boosted its market presence in the global memory market in the third quarter, further consolidating its dominant position in the segment, a report showed Thursday.Samsung, the world's biggest mem
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Naver nominates Choi Soo-yeon as new CEO

By Kim Han-jooSEOUL, Nov. 17 (Yonhap) -- South Korea's leading internet portal operator Naver Corp. said Wednesday it has nominated a 40-year-old global business expert as its new CEO.Choi Soo-yeon, with law degrees from both South Korea and the
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App store operators to face fine of up to 2 pct of revenue in violation of billing law

SEOUL, Nov. 17 (Yonhap) -- App store operators will face a fine of up to two percent for forcing developers to use their own in-app payment systems, the country's telecommunications regulator said Wednesday. Under the enforcement decree of the re
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4 mobile payment platforms fined over collusion

SEOUL, Nov. 17 (Yonhap) -- South Korea's antitrust regulator said Wednesday it has decided to impose a combined fine of 16.9 billion won (US$14.3 million) on four mobile payment platform operators for colluding to impose excessive fees on delinqu
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Metaverse ceremony to virtually celebrate homecoming of late independence hero Kim Gu

By Park BoramSEOUL, Nov. 17 (Yonhap) -- A metaverse event on Wednesday will conjure up late national independence hero Kim Gu in the virtual space to welcome him back home from China, 76 years after his little-celebrated homecoming amid complex post-
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(LEAD) (Yonhap Interview) S. Korea's new law on in-app payment is 'monumental': CAF chief

(ATTN: ADDS more info on interview with Epic Games CEO, photo, byline)By Kim Han-joo and Yi WonjuSEOUL, Nov. 16 (Yonhap) -- The head of a U.S. group that speaks for app developers has praised as "monumental" South Korea's recent law p
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Samsung narrows down list of candidates for US$17 bln chip plant in U.S.

By Woo Jae-yeonSEOUL, Nov. 16 (Yonhap) -- Samsung Electronics Co. appears to be moving closer to making a final decision on the site for its new chip fabrication plant in the United States, as global semiconductor companies have engaged in increasing
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Chief of privacy protection watchdog apologizes after agency's mistaken personal info leak

SEOUL, Nov. 16 (Yonhap) -- The chief of the state watchdog on personal information protection has apologized for the recent leak of personal information of 181 petitioners involved in a Facebook personal data breach case. The Personal Information Pro
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(Yonhap Interview) S. Korea's new law on in-app payment is 'monumental': CAF chief

By Kim Han-jooSEOUL, Nov. 16 (Yonhap) -- The head of a U.S. group that speaks for app developers has praised as "monumental" South Korea's recent law prohibiting Google Inc. and Apple Inc. from forcing their in-app payment systems on
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Samsung heir Lee to leave Sunday for Canada and the U.S.

SEOUL, Nov. 13 (Yonhap) -- Lee Jae-yong, the de-facto chief of South Korea's top conglomerate Samsung Group, will leave Sunday on a business trip that will take him to Canada and the U.S., industry sources said Saturday. While in Canada, the firs
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Samsung nears selection of site for new U.S. chip factory

By Woo Jae-yeonSEOUL, Nov. 12 (Yonhap) -- Samsung Electronics Co., the world's biggest memory chip and mobile phone maker, is inching closer toward the selection of the site for its new chip plant in the United States, industry sources said Frida
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Disney+ lands in S. Korea amid competition in video streaming market

SEOUL, Nov. 12 (Yonhap) -- Disney+, the flagship streaming service of U.S. media giant Walt Disney Co., landed in South Korea on Friday, heating up competition in the country's video streaming market.The streaming service is now available on its
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(LEAD) NCSOFT Q3 net down 34.8 pct on poor performance of new titles

(ATTN: UPDATES throughout with details; CHANGES headline; ADDS byline, photo)By Kim Han-jooSEOUL, Nov. 11 (Yonhap) -- NCSOFT Corp., a major South Korean online and mobile game developer, said Thursday that its net profit fell 34.8 percent in the thir
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NCSOFT's Lineage 2M to land in U.S. and 28 other countries on Dec. 2

By Kim Han-jooSEOUL, Nov. 10 (Yonhap) -- Lineage 2M, a mobile massively multiplayer online role-playing game (MMORPG), will land in a total of 29 countries next month, South Korean online game maker NCSOFT Corp. said Wednesday.The mobile version of t
(EDITORIAL from Korea Times on Nov. 8)

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Netflix's actions should match its global statusNetflix is not changing its "free-rider" policy in Korea, resisting demands to pay fees for network use. Last Thursday, Netflix Vice President Dean Garfield reiterated his company's