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Google to provide alternative payment system at its app store

SEOUL, Nov. 4 (Yonhap) -- Google Inc. has pledged to provide an alternative payment system at its app store in South Korea, the telecommunications regulator said Thursday, in what could be a concession amid a tug-of-war over lucrative payment systems
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Netflix aware of 'network usage fee' controversies in S. Korea: VP

By Kim Han-jooSEOUL, Nov. 4 (Yonhap) -- The vice president of Netflix Inc. said Thursday the global streaming giant is well aware of controversies surrounding costs from increased network traffic due
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SK Telecom names new CEO following non-telecom spinoff

SEOUL, Nov. 1 (Yonhap) -- SK Telecom Co. on Monday named the former head of its mobile network operations division Ryu Young-sang as its new CEO following the launch of its non-telecom spinoff SK Square.Ryu has been working for SK Telecom since 2000
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ICT ministry to come up with measures to prevent incidents like KT outage

SEOUL, Oct. 29 (Yonhap) -- The Ministry of Science and ICT on Friday said it will come up with measures restricting the concurrent update of routers to prevent recurrence of a network outage that crippled the country earlier this week.On Monday, wire
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Facebook recommended to pay 300,000-won compensation per victim over personal data breach

SEOUL, Oct. 29 (Yonhap) -- The state watchdog on personal information protection on Friday recommended the operator of Facebook to pay 300,000 won (US$256.70) in compensation to each of 181 users demanding damages for the provision of their personal
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SK hynix to buy local foundry firm for 576 bln won

SEOUL, Oct. 29 (Yonhap) -- SK hynix Inc., South Korea's second-largest chipmaker, said Friday it signed a deal to buy a local chip contract manufacturer for 575.68 billion won (US$492 million), as part of efforts to enhance its presence in the no
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(3rd LD) Samsung logs record sales, second-highest operating profit in Q3 on buoyant chip biz

(ATTN: ADDS Samsung's share price at the bottom)By Woo Jae-yeonSEOUL, Oct. 28 (Yonhap) -- Samsung Electronics Co. on Thursday reported strong third-quarter earnings on the continued robust performance of its key semiconductor business, which took
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(LEAD) LG Electronics Q3 net profit down 20.4 pct on Bolt EV recall costs

(ATTN: UPDATES with more details in 8th para, last 6 paras; ADDS photo)By Woo Jae-yeonSEOUL, Oct. 28 (Yonhap) -- LG Electronics Inc. said Thursday its net profit dropped 20.4 percent on-year in the third quarter due to costs incurred in a recall of G
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LG Electronics Q3 net profit down 20.4 pct on Bolt EV recall costs

By Woo Jae-yeonSEOUL, Oct. 28 (Yonhap) -- LG Electronics Inc. said Thursday its net profit dropped 20.4 percent on-year in the third quarter due to costs incurred in a recall of General Motor's Bolt electric vehicles.The South Korean tech giant s
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(2nd LD) Samsung logs record sales, second-highest operating profit in Q3 on buoyant chip biz

(ATTN: CHANGES lead; ADDS more details in paras 8-11, 16-18, photos; TRIMS)By Woo Jae-yeonSEOUL, Oct. 28 (Yonhap) -- Samsung Electronics Co. on Thursday reported strong third-quarter earnings on the continued robust performance of its key semiconduct
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Naver unveils new AI-powered search service

By Kim Han-jooSEOUL, Oct. 28 (Yonhap) -- South Korea's dominant internet portal operator Naver Corp. on Thursday introduced a new personalized search service dubbed AiR Search.The service, powered by Naver's artificial intelligence (AI) techn
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(LEAD) Samsung logs record sales, second-highest operating profit in Q3 on buoyant chip biz

(ATTN: CHANGES headline; ADDS more details in last 10 paras)By Woo Jae-yeonSEOUL, Oct. 28 (Yonhap) -- Samsung Electronics Co. on Thursday reported strong third-quarter earnings on the continued robust performance of its key semiconductor business.Its
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Samsung logs record sales, 3-year-high operating profit in Q3 on buoyant chip biz

SEOUL, Oct. 28 (Yonhap) -- Samsung Electronics Co. on Thursday reported strong third-quarter earnings on the continued robust performance of its key semiconductor business.Its net profit rose 31.3 percent from a year earlier to 12.29 trillion won (US
(URGENT) Samsung Electronics Q3 sales up 10.5 pct on-year to 73.97 tln won

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(URGENT) Samsung Electronics Q3 operating profit up 28 pct on-year to 15.81 tln won

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(URGENT) Samsung Electronics Q3 net profit up 31.3 pct on-year to 12.29 tln won

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(2nd LD) LG Display posts strong Q3 earnings on robust panel demand, OLED biz

(ATTN: UPDATES with more details in 2nd para, last 4 paras)By Woo Jae-yeonSEOUL, Oct. 27 (Yonhap) -- LG Display Co., South Korea's major display panel maker, said Wednesday that its third-quarter net income surged 4,067.5 percent from a year earl
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(LEAD) LG Display posts strong Q3 earnings on robust panel demand, OLED biz

(ATTN: RECASTS throughout with more details; CHANGES headline; ADDS photo)By Woo Jae-yeonSEOUL, Oct. 27 (Yonhap) -- LG Display Co., South Korea's major display panel maker, said Wednesday that its third-quarter net income surged 4,067.5 percent f
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Gov't to introduce 5G-equipped buses nationwide by 2023

SEOUL, Oct. 27 (Yonhap) -- The government said Wednesday that it plans to introduce 5G-equipped buses across the country by 2023, giving citizens access to free wireless internet that is up to four times faster.The Ministry of Science and ICT said 29
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KT CEO apologizes for nationwide network outage

SEOUL, Oct. 26 (Yonhap) -- Ku Hyeon-mo, CEO of KT Corp., apologized Tuesday for the abrupt disruption of network services that crippled businesses across the country earlier this week.On Monday, KT's wired and wireless network services, including