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S. Koreans spend record high on Netflix in Aug.: data

SEOUL, Sept. 23 (Yonhap) -- South Koreans spent a record high on Netflix last month, data showed Thursday, highlighting the video streaming giant's popularity in the country amid growing competition.Payments to Netflix in the country are estimate
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KT to invest 175 bln won in media unit

Sept. 17 (Yonhap) -- KT Corp., a South Korean telecom giant, said Friday it will purchase 175 billion won (US$150 million) worth of stocks in its media unit KT Studio Genie as part of efforts to bolster its growing entertainment business.The telecom
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(Yonhap Feature) 'Proptech' reshapes real estate market with digital platform, lower fees

By Kim Eun-jungSEOUL, Sept. 17 (Yonhap) -- Hwang Jae-min checks out his smartphone apps several times a day to search for new homes up for sale so he can move to another house. When the 41-year-old bought a three-room flat in Yongin, a satellite city
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Naver's cloud unit aims for No. 3 in Asia Pacific region by 2023.

By Kim Han-jooSEOUL, Sept. 16 (Yonhap) -- The cloud affiliate of South Korea's leading internet portal operator, Naver Corp., said Thursday it aims for the No. 3 position in the Asian Pacific region by 2023."We aim to reach the No. 2 positi
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(LEAD) LG Uplus seeks to boost smart factory biz

(ATTN: ADDS more details in paras 3-4)By Chae Yun-hwanSept. 16 (Yonhap) -- LG Uplus Corp., a major South Korean telecom operator, said Thursday it aims to increase sales from its smart factory solutions business by sevenfold within five years as part
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LG Uplus seeks to boost smart factory biz

By Chae Yun-hwanSept. 16 (Yonhap) -- LG Uplus Corp., a major South Korean telecom operator, said Thursday it aims to increase sales from its smart factory solutions business by sevenfold within five years as part of its broader push to boost its ente
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Top regulator says Kakao's support for small biz on 'right track'

SEOUL, Sept. 15 (Yonhap) -- South Korea's top telecommunications regulator said Wednesday that Kakao Corp.'s plan to support small businesses is on the "right track" amid growing scrutiny against the internet giant's market do
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S. Korea to develop solar-powered drone reaching stratosphere

SEOUL, Sept. 15 (Yonhap) -- South Korea aims to develop a solar-powered drone that flies in the stratosphere by 2025, the ICT ministry said Wednesday, in a move to boost the country's nascent drone industry.The Ministry of Science and ICT said it
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Google says it offers 12 tln won in consumer benefits in S. Korea annually

By Chae Yun-hwanSEOUL, Sept. 15 (Yonhap) -- Google said Wednesday it offers around 12 trillion won (US$10.25 billion) in economic benefits for South Korean consumers annually through its services, highlighting its presence in the country amid growing
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LG to launch new notebook dedicated to Naver's online learning system

SEOUL, Sept. 15 (Yonhap) -- LG Electronics Inc. on Wednesday said it will launch a new online education-dedicated notebook next month in partnership with South Korea's internet portal giant Naver Corp. LG will release "Whalebook," a c
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Apple to launch iPhone 13 in S. Korea on Oct. 8

SEOUL, Sept. 15 (Yonhap) -- Apple Inc. said Wednesday it will launch its new smartphone, the iPhone 13, in South Korea next month as the U.S. tech giant aims to solidify its leadership in the premium segment.Apple on Tuesday (local time) unveiled fou
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(2nd LD) Google fined 207 bln won for anti-competition practice in mobile OS market

(ATTN: UPDATES with more details in paras 15, 21-22)By Kim Soo-yeon and Chae Yun-hwanSEOUL, Sept. 14 (Yonhap) -- South Korea's antitrust regulator said Tuesday it has decided to fine global tech giant Google 207.4 billion won (US$176.8 million) f
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(2nd LD) Kakao creates 300 bln won fund for small merchants amid growing scrutiny over market dominance

(ATTN: UPDATES with stock closing price in paras 6, 9)By Chae Yun-hwanSEOUL, Sept. 14 (Yonhap) -- South Korean internet giant Kakao Corp. said Tuesday it has decided to form a 300 billion won (US$256.2 million) fund for small merchants and scrap some
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(LEAD) Kakao creates 300 bln won fund for small merchants amid growing scrutiny over market dominance

(ATTN: UPDATES headline; RECASTS throughout with new details)By Chae Yun-hwanSEOUL, Sept. 14 (Yonhap) -- South Korean internet giant Kakao Corp. said Tuesday it has decided to form a 300 billion won (US$256.2 million) fund for small merchants and scr
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(LEAD) Google fined 207 bln won for anti-competition practice in mobile OS market

(ATTN: RECASTS headline, lead; UPDATES with more details in paras 2, 6-7, 11-14)By Kim Soo-yeon and Chae Yun-hwanSEOUL, Sept. 14 (Yonhap) -- South Korea's antitrust regulator said Tuesday it has decided to fine global tech giant Google 207.4 bill
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New law takes effect curbing app store payment dominance of Apple, Google

SEOUL, Sept. 14 (Yonhap) -- A South Korean law aimed at curbing the influence that Apple Inc. and Google have over payment systems in their app stores went into effect Tuesday, the country's telecommunications regulator said, marking a victory fo
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Samsung releases new monitor designed for video conferences

SEOUL, Sept. 14 (Yonhap) -- Samsung Electronics Co. on Tuesday released a new monitor suitable for video meetings as the tech giant aims to expand its presence amid the pandemic-driven stay-at-home trend. Samsung's new monitor, S40VA, comes with
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Chips boost ICT exports to new high in Aug.

SEOUL, Sept. 14 (Yonhap) -- South Korea's exports of information and communication technology (ICT) products reached a record high last month, data showed Tuesday, on the back of continued robust global demand for chips and displays.Outbound ship
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Kakao under pressure to revamp businesses amid growing scrutiny

By Chae Yun-hwanSEOUL, Sept. 14 (Yonhap) -- South Korean internet giant Kakao Corp. faces increasing scrutiny from regulators and politicians over its online platform empire that could prompt a rethink of its rapid business expansion in recent years.
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틱톡 내 왓챠피디아 연동…국내 '틱톡 점프' 기능 서비스

(서울=연합뉴스) 채새롬 기자 = 모바일 비디오 플랫폼 틱톡은 다른 콘텐츠 서비스 업체에서 제공하는 정보를 틱톡 영상으로 게재할 때 링크로 연동할 수 있는 '틱톡 점프' 기능을 국내 선보인다고 14일 밝혔다.이 기능은 글로벌에서 올해 6월부터 서비스 중이다.국내 틱톡 점프 첫 연동 서비스는 '왓챠피디아'다.사용자가 틱톡 영상을 게시하기 전 '링크 추가'를 누르면 바로 '왓챠피디아'를 확인