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Reason why game companies shine light on Korean Heritages

SEOUL April 8 (Yonhap) -- As awareness of Korean history and traditional culture increases worldwide, domestic game companies targeting the global market are interested in cultural assets.According to
IT

Samsung Electronics to extend partnership with AMD to enhance Exynos processor

SEOUL, April 6 (Yonhap) -- Samsung Electronics Co. said Thursday it has extended a multiyear agreement with AMD Inc. to use the U.S. chip firm's latest graphics solutions to upgrade the Samsung Exynos mobile processor and boost mobile gaming expe
IT

S. Korea eyes 13 tln-won investment projects with private sector to boost growth

By Kang Yoon-seungSEOUL, April 6 (Yonhap) -- South Korea plans to carve out investment projects worth 13 trillion won (US$9.8 billion) under ties with the private sector, the finance ministry said Thursday, amid growing concerns over an economic slow
IT

S. Korea to invest 160 tln won in key tech sectors by 2027

SEOUL, April 6 (Yonhap) -- South Korea will funnel a total of 160 trillion won (US$122 billion) into research and development to foster research capabilities in the three key technology sectors of semiconductors, displays and next-generation batterie
IT

N. Korean hacking group Kimsuky funds Pyongyang's espionage operations through cybercrimes

By Kim BoramSEOUL, April 4 (Yonhap) -- A North Korean hacking group known as Kimsuky has hacked cryptocurrency to fund the country's espionage operations related to its nuclear program, Mandiant, Google's cybersecurity unit, said Tuesday.In a
IT

S. Korean smartphone sales decrease in 2022

SEOUL, April 3 (Yonhap) -- Sales of smartphones in South Korea fell 6 percent last year from a year earlier amid an economic slowdown, industry data showed Monday.Samsung Electronics Co., the world's leading smartphone maker, saw its smartphone s
#Netmarble

Game

Netmarble unveils ‘Everyone’s Marble 2: Meta World’ for overseas players

SEOUL, Apr. 3 (Yonhap) -- South Korean mobile game developer Netmarble will drop a brand-new metaverse-based real estate and board game “Everyone’s Marble 2: Meta World” for overseas players except fo
IT

(LEAD) SK hynix not sure yet whether to apply for Chips Act funding: CEO

(ATTN: ADDS more details in last 8 paras)SEOUL, March 29 (Yonhap) -- SK hynix Inc. is not sure yet whether to apply for U.S. government grants under the Chips Act, the chipmaker's top executive said Wednesday, calling the process too complicated.
IT

SK hynix not sure yet whether to apply for Chips Act funding: CEO

SEOUL, March 29 (Yonhap) -- SK hynix Inc. is not sure yet whether to apply for U.S. government grants under the Chips Act, the chipmaker's top executive said Wednesday, calling the process too complicated.While the application is under serious co
IT

Apple to open 5th retail store in S. Korea this week

By Kim BoramSEOUL, March 29 (Yonhap) -- U.S. tech giant Apple Inc. said Wednesday it will open its fifth retail store in South Korea later this week, strengthening its presence in the country where its rival Samsung Electronics Co. is maintaining a d
#MyIDIsGangnamBeauty, #webtoon

Game&IT

Naver webtoon ‘My ID Is Gangnam Beauty’ to be adapted into Thai television series ‘Beauty Newbie’

SEOUL, Mar. 27 (Yonhap) -- South Korean mega-hit webtoon “My ID Is Gangnam Beauty” is set to be adapted into a Thai television series.The webtoon, illustrated by Kimaenggi, is expected to be adapted i
IT

(News Focus) Samsung's chip biz is likely to report losses, defies pressure to rein in output

By Woo Jae-yeonSEOUL, March 27 (Yonhap) -- Samsung Electronics is likely to report poor results in its chip business next month, analysts said Monday, as the ongoing global economic challenges that have resulted in reduced consumer demand negatively
#Ironmace, #Nexon, #DarkandDarker

Game

Ironmace receives DMCA takedown for ‘Dark and Darker’ amid legal dispute with Nexon

SEOUL, Mar. 25 (Yonhap) -- The official page of the South Korean budding game producer Ironmace’s “Dark and Darker,” which has been alleged to have been developed based on the leading game powerhouse
IT

Samsung Electronics chief to attend China Development Forum

SEOUL, March 24 (Yonhap) -- Samsung Electronics Executive Chairman Lee Jae-yong is currently in China to attend the China Development Forum, according to sources Friday.Lee arrived in Beijing on Thursday to attend the high-profile annual forum, slate
IT

(Yonhap Interview) Trade of secondhand clothes becomes new trend among youngsters: Bunjang CEO

By Kim BoramSEOUL, March 23 (Yonhap) -- The secondhand clothing market has been long recognized as charity or thrift shops.These days, however, for young people dubbed Generation Z, buying pre-owned clothing is not only a cheaper way of buying T-shir
Game

NC Soft showcases virtual human and 'Project M' at GDC 2023

SEOUL March 23 (Yonhap) -- South Korean game development company NC SOFT showcased throughout the GDC which is currently happening in San Francisco their latest development project “Project M.” Yoon S
IT

McDonald's Korea fined 696 mln won for breach of customers' personal data

SEOUL, March 22 (Yonhap) -- McDonald's Korea was given a fine of 696 million won (US$532,110) on Wednesday after the personal data of 4.87 million customers was leaked to hackers due to the firm's lax data management. The Personal Information
IT

(News Focus) Samsung, SK hynix breathe sigh of relief as U.S. 'guardrails' are less tough than feared

By Woo Jae-yeonSEOUL, March 22 (Yonhap) -- South Korean chipmakers appeared to breathe a sigh of relief Wednesday, as the U.S. government's new rules for the Chips Act, announced last night, were less stringent than had been previously feared.Was
IT

Kakao Mobility acquires British ride-hailing startup Splyt

SEOUL, March 22 (Yonhap) -- Kakao Mobility Corp., a mobility subsidiary of South Korea's tech giant Kakao Corp, said Wednesday that it has acquired the British ride-hailing startup Splyt as part of its plans to go abroad."The acquisition of
IT

(Yonhap Interview) Apple working on expanding Apple Pay service in S. Korea: senior executive

By Kim BoramSEOUL, March 22 (Yonhap) -- Apple Inc.'s long-awaited mobile payment service, Apple Pay, has finally landed in South Korea this week, some seven years after the service was first initiated in the United States.It is available in local