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(LEAD) Yoon, Bill Gates discuss vaccine development, cooperation

(ATTN: ADDS info in last 3 paras)SEOUL, Aug. 16 (Yonhap) -- President Yoon Suk-yeol met with Microsoft co-founder Bill Gates on Tuesday and discussed cooperation on vaccine development and other health issues.During the meeting at the presidential of
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Bill Gates to speak on COVID-19 response at National Assembly

SEOUL, Aug. 16 (Yonhap) -- Microsoft co-founder Bill Gates was set to deliver a speech at the National Assembly on Tuesday on the importance of international health cooperation in the face of contagious diseases like COVID-19.Gates was to meet with N
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Naver raided over allegedly abusing market dominant position in dealing with real estate market info provider

SEOUL, Aug. 12 (Yonhap) -- Prosecutors raided the office of Naver Corp., South Korea's largest internet portal giant, Friday over its alleged abuse of its market dominant position in dealing with a real estate market information partner in the pa
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SK hynix plans to select site for U.S. chip packaging plant early next year

SEOUL, Aug. 12 (Yonhap) -- SK hynix Inc. said Friday it aims to select a site for a semiconductor packaging plant in the United States as early as in the first quarter of next year.Earlier in the day, Reuters reported that the world's second-larg
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(News Focus) Samsung's Lee expected to solidify leadership, step up biz activities after receiving pardon

By Woo Jae-yeonSEOUL, Aug. 12 (Yonhap) -- Samsung Electronics Vice Chairman Lee Jae-yong was given a presidential pardon on Friday, in a move widely expected to help him consolidate his leadership and speed up business decision-making in the country&
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ICT exports inch down in July amid weakened smartphone, computer demand

SEOUL, Aug. 11 (Yonhap) -- South Korea's exports of information and communication technology (ICT) products inched down in July from a year earlier due to a slowdown of global demand in smartphone and computer products, government data showed Thu
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Samsung aims to boost foldables to half of total smartphone sales by 2025

Seoul, Aug. 11 (Yonhap) -- Samsung Electronics Co. aims to raise the ratio of foldable phones to half of its total smartphone sales by 2025, a top executive has said, after the tech giant unveiled its latest foldable smartphones in an online event.Sa
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Samsung eyes to make new Galaxy Z Flip 4, Fold 4 smartphones next big thing

By Woo Jae-yeonSEOUL, Aug. 10 (Yonhap) -- Samsung Electronics Co. on Wednesday introduced its latest lineup of foldable smartphones and other key products, as the tech giant is working to achieve a breakthrough in the stalled smartphone business amid
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S. Korean regulator to probe Google, Apple, ONE store over alleged in-app billing irregularities

SEOUL, Aug. 9 (Yonhap) -- South Korea's telecommunications regulator said Tuesday it will launch an official fact-finding investigation into the app stores of Google Inc., Apple Inc. and ONE store Co. next week, saying that the companies may be i
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Webtoon 'Debut or Die' attracts over 3 million viewers in one day

SEOUL, August 5 (Yonhap) -- Webtoon version of popular South Korean web novel “Debut of Die” exceeded over 3 million views within one day of its premier, announced Kakao Entertainment on Friday. Firs
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Low demand outlook casts shadow over S. Korean chipmakers

SEOUL, Aug. 4 (Yonhap) -- Demand for DRAM is expected to grow at a historically low level next year, a report said Thursday, dimming outlook for South Korean chipmakers, heavily dependent on memory chip sales for their bottom line.Industry research f
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Samsung to supply 5G solutions, equipment to India's Bharti Airtel

SEOUL, Aug. 4 (Yonhap) -- Samsung Electronics Co. said Thursday it will provide 5G solutions and equipment to Indian telecommunications company Bharti Airtel, marking the South Korean tech giant's first 5G equipment deal from India.Airtel, the wo
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SK hynix completes 576 bln-won acquisition of chip contract firm Key Foundry

SEOUL, Aug. 2 (Yonhap) -- SK hynix Inc., South Korea's second-largest chipmaker, said Tuesday it has wrapped up a 576 billion-won (US$492 million) acquisition of local chip contract manufacturer Key Foundry.The company said it has recently comple
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S. Korean ICT minister discusses technology alliance, partnership with U.S. tech, space officials

SEOUL, Aug. 2 (Yonhap) -- South Korean Minister of Science and ICT Lee Jong-ho has met with U.S. technology and space officials and discussed ways to strengthen bilateral cooperation and alliance in the field of cutting-edge technology, officials sai
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(2nd LD) LG Electronics' Q2 profit drops 12 pct on slow demand, high logistics costs

(ATTN: ADDS details in paras 10-11, 14, stock price at bottom)By Woo Jae-yeonSEOUL, July 29 (Yonhap) -- LG Electronics Inc. on Friday said its second-quarter operating profit decreased 12 percent on-year amid rampant inflation that hurt consumer dema
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(LEAD) LG Electronics' Q2 profit drops 12 pct on slow demand, high logistics costs

(ATTN: ADDS more details throughout; photo)By Woo Jae-yeonSEOUL, July 29 (Yonhap) -- LG Electronics Inc. on Friday said its second-quarter operating profit decreased 12 percent on-year amid rampant inflation that hurt consumer demand for TVs and othe
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LG Electronics' Q2 profit drops 12 pct on slow demand, high logistics costs

SEOUL, July 29 (Yonhap) -- LG Electronics Inc. on Friday said its second-quarter operating profit decreased 12 percent on-year amid rampant inflation that hurt consumer demand for TVs and other home appliances.Its operating income came in at 792 bill
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Edu-tech firm publishes BTS-themed Korean recipe book

SEOUL, July 28 (Yonhap) Cake Corp., an edu-tech subsidiary of popular smartphone camera app developer Snow Co., said Thursday it has published an educational recipe book on Korean dishes enjoyed by members of K-pop group BTS."BTS Recipe Book&q
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Kakao Mobility chief calls for postponement of stake sale amid labor union backlash

SEOUL, July 25 (Yonhap) -- The head of Kakao Mobility Corp., South Korea's leading ride-hailing company, said Monday he has asked the firm's largest shareholder, Kakao Corp., to postpone its plan to sell part of its shares to a private equity
Samsung holds ceremony to mark 1st shipment of most advanced 3nm chips

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By Woo Jae-yeonSEOUL, July 25 (Yonhap) -- Samsung Electronics Co. on Monday marked the first shipment of 3-nanometer semiconductors at a ceremony, a key milestone in the race to build the most advanced and efficient chips to date. The next-generation