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(2nd LD) Kakao announces tender offer to gain stable management control over SM Entertainment

(ATTN: UPDATES with SM Entertainment's closing price in 11th para)SEOUL, March 7 (Yonhap) -- South Korean tech giant Kakao Corp. on Tuesday announced a tender offer for SM Entertainment Co. shares to gain stable management control over the K-pop
IT

(LEAD) Kakao announces tender offer to gain stable management control over SM Entertainment

(ATTN: UPDATES with statement from SM in last four paras)SEOUL, March 7 (Yonhap) -- South Korean tech giant Kakao Corp. on Tuesday announced a tender offer for SM Entertainment Co. shares to gain stable management control over the K-pop powerhouse an
Game

Try 'The Finals'...Shooting, running, and breaking in cooperation

SEOUL, Mar. 7 (Yonhap) -- "The Finals," a first-person shooter (FPS) game developed by Nexon's European subsidiary "Embark Studios," has been unveiled along with a global
IT

Kakao announces tender offer to gain stable management control over SM Entertainment

SEOUL, March 7 (Yonhap) -- South Korean tech giant Kakao Corp. on Tuesday announced a tender offer for SM Entertainment Co. shares to gain stable management control over the K-pop powerhouse and increase leverage to win the intensifying battle with H
IT

Google, Meta file lawsuit against S. Korean data protection watchdog's ruling

SEOUL, March 6 (Yonhap) -- Google and Meta Platforms have filed a lawsuit against a ruling by the South Korean data protection watchdog to fine the global tech giants for illegally collecting personal data here, industry sources said Monday.The legal
IT

S. Korea rejects Apple's request to send map data overseas

SEOUL, March 6 (Yonhap) -- The South Korean government has turned down U.S. tech giant Apple Inc.'s request to take high-precision map data out of the country, citing security issues, a government official said Monday.Apple has sought permission
IT

Chips' inventory-to-sales ratio hits near 26-year high amid sluggish demand

SEOUL, March 5 (Yonhap) -- Inventory of South Korean chipmakers has increased to a nearly 26-year high in January, data showed Sunday, reflecting the sluggish global demand amid the economic uncertainties.The inventory-to-sales ratio of chips came to
Game

S.Korean Venture Capital Blocore showcases upcoming game 'MoonFrost'

SEOUL March 3 (Yonhap) -- South Korean venture capital company Blocore has revealed companies latest game “MoonFrost” on Friday, which is invested by various foreign companies. “MoonFrost” is a game w
#Taekwondo

Game

IOC confirms Taekwondo to be one of nine sports that will be played at Olympic Esports Series 2023

SEOUL, Mar. 2 (Yonhap) -- Taekwondo, a Korean form of martial arts involving punching and kicking techniques, has expanded to the esports stage. The International Olympic Committee (IOC) confirmed the
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Game

Devsisters unveils early access version of online shooting game ‘Dead Cide Club’

SEOUL, Feb. 28 (Yonhap) -- The Korean-owned mobile entertainment gaming app service company Devsisters has dropped the early access version of its brand-new shooting game “Dead Cide Club” on the onlin
IT

Naver to launch upgraded Korean-based AI platform HyperCLOVA X in July

SEOUL, Feb. 27 (Yonhap) -- South Korea's top portal operator Naver Corp. said Monday it will unveil an upgraded version of the hyperscale artificial intelligence platform, HyperCLOVA X, tailored for Korean language in July in a bid to keep up wit
#Misaeng

Game&IT

Hit manhwa series ‘Misaeng’ drops 15th volume in 4 years

SEOUL, Feb. 24 (Yonhap) -- South Korean manhwa series “Misaeng,” written and illustrated by Yoon Tae-ho, has published its 15th volume in four years.The brand-new volume of this manhwa series, which g
IT

Google to open online archive of DMZ in Korea

By Kim BoramSEOUL, Feb. 22 (Yonhap) -- The Demilitarized Zone (DMZ) on the Korean Peninsula is ironically one of the world's most heavily militarized borders with a memory of bloody battles during the 1950-53 Korean War. At the same time, the str
IT

Samsung Electronics to manufacture fabless Ambarella's automotive chips

SEOUL, Feb. 21 (Yonhap) -- Samsung Electronics Co. said Tuesday it will manufacture advanced automotive semiconductors for U.S. chip design company Ambarella.Samsung will produce the Santa Clara-based chip company's automotive AI central domain c
IT

S. Korea plans to launch 6G network service in 2028

SEOUL, Feb. 20 (Yonhap) -- South Korea plans to launch the sixth generation network service in 2028, two years earlier than its original schedule, in a bid to secure an early dominance of the future wireless frequencies, the ICT ministry said Monday.
IT

(LEAD) LG Electronics showcases NFT artworks via OLED evo TVs

(ATTN: UPDATES with additional info in last 3 paras) SEOUL, Feb. 19 (Yonhap) -- South Korean tech giant LG Electronics Inc. said Sunday it has showcased non-fungible token (NFT) artworks on its next-generation organic light-emitting diode (OLED) TVs
IT

LG Electronics showcases NFT artworks via OLED evo TVs

SEOUL, Feb. 19 (Yonhap) -- South Korean tech giant LG Electronics Inc. said Sunday it has showcased non-fungible token (NFT) artworks on its next-generation organic light-emitting diode (OLED) TVs at an art exhibition in the United States.The firm ha
IT

Allganize stands out in intense ChatGPT-fueled battle for AI search supremacy

By Kim BoramSEOUL, Feb. 17 (Yonhap) -- When the latest version of ChatGPT 3.5 was launched by Open AI late last year, a new battle for artificial intelligence chatbots heated up across the world.While tech giants and startups alike are dreaming of fo
#PrayforTurkeyandSyria

Game

Korean-owned game corp. SHIFT UP contributes to earthquake relief effort in Turkey

SEOUL, Feb. 17 (Yonhap) -- The Korean-owned game corporation SHIFT UP, headed by Kim Hyung-tae, has joined the long line of Korean firms that are lending help to the victims of the earthquakes.The gam
IT

LG Uplus to invest annual 100 bln won to enhance network security

By Kim BoramSEOUL, Feb. 16 (Yonhap) -- LG Uplus Corp., South Korea's No. 3 mobile carrier, on Thursday apologized for the recent data breaches and network attacks as it promised to invest 100 billion won (US$77.9 million) annually in the coming y