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Personal info watchdog looking into legality of Meta's privacy policy update

SEOUL, July 22 (Yonhap) -- The Personal Information Protection Commission is looking into whether the upcoming privacy policy update by Meta, the operator of Facebook, runs afoul of domestic law and will take action if any irregularities are found, o
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Samsung weighs building 11 more chip plants in U.S. over next two decades

SEOUL, July 22 (Yonhap) -- Samsung Electronics Co. floated an idea of investing nearly US$200 billion to build 11 more chip plants in the United States over the next two decades, documents filed with the state of Texas showed Friday.The proposed inve
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(Yonhap Interview) Fintech startup 8percent seeks to expand in niche lending

By Woo Jae-yeonSEOUL, July 22 (Yonhap) -- Borrowing money online from total strangers was an unfamiliar concept in South Korea in 2014, when Lee Hyo-jin founded 8percent, a peer-to-peer (P2P) lending service targeting people with low-to-mid credit ra
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(LEAD) S. Korea should be 'cautious' in deciding on joining U.S.-led chip alliance: ICT minister

(ATTN: ADDS more info, background throughout) SEOUL, July 20 (Yonhap) -- South Korea should be cautious in deciding whether to participate in a U.S.-proposed chip alliance known as the Chip 4 or Fab 4, as potential ramifications could affect not only
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S. Korea should be 'cautious' in deciding on joining U.S.-led chip alliance: ICT minister

SEOUL, July 20 (Yonhap) -- South Korea should be cautious in deciding whether to participate in a U.S.-proposed chip alliance known as the Chip 4 or Fab 4, as potential ramifications could affect not only the country's semiconductor industry but
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Samsung to unveil new foldable phones next month

By Woo Jae-yeonSEOUL, July 20 (Yonhap) -- Samsung Electronics Co. said Wednesday it will unveil its latest foldable smartphone series next month, as the tech giant aims to achieve a breakthrough in the stalled smartphone business.The next-generation
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Gov't pushing to nurture 150,000 semiconductor talents over next 10 yrs

SEOUL, July 19 (Yonhap) -- South Korea plans to nurture about 150,000 semiconductor talents over the next 10 years to help keep up its competitive edge in chipmaking and tackle manpower shortages facing domestic chipmakers, Education Minister Park So
Yoon asks science minister to invest in source technologies

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SEOUL, July 15 (Yonhap) -- President Yoon Suk-yeol received a policy briefing from the science minister on Friday and asked him to focus R&D investment in source technologies, his spokesperson said."President Yoon Suk-yeol asked the minister to
#ReturnofBlossomingBlade, #Webtoon

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Naver Series’s No. 1 web novel ‘Return of the Blossoming Blade’ reaches 30 billion won in cumulative sales

SEOUL, July 14 (Yonhap) -- No.1 web novel of Naver Series, S.Korean web novel subscription platform, “Return of the Blossoming Blade” achieved cumulative sales of 30 billion won.Naver Series’s exclusi
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S. Korea's ICT exports climb 18.9 pct in H1 to set new semiannual record

SEOUL, July 14 (Yonhap) -- South Korea's exports of information and communication technology (ICT) products in the first half of 2022 soared 18.9 percent on-year to set a new semiannual record tally, thanks to brisk overseas demand for chips and
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Yoon vows to establish cyber warfare reserve forces

SEOUL, July 13 (Yonhap) -- President Yoon Suk-yeol vowed Wednesday to establish reserve forces for cyber warfare to better respond to growing cyber threats.Yoon made the remark during a ceremony marking the 11th Information Security Day, which was de
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Kakao to remove external payment link in Android app after standoff with Google

SEOUL, July 13 (Yonhap) -- Kakao Corp., operator of South Korea's most popular messaging app KakaoTalk, has decided to remove an external payment link from the Android version of the software, following a standoff with Google over the U.S. tech g
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SK Telecom in talks to launch metaverse service ifland in N. America, Europe

SEOUL, July 13 (Yonhap) -- SK Telecom Co., South Korea's largest mobile carrier, said Wednesday it was in talks with major overseas telecom operators to start rolling out its metaverse platform ifland in North America, Europe and other regions la
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Antitrust watchdog probing Naver, Coupang over alleged misleading advertising: sources

SEOUL, July 12 (Yonhap) -- South Korea's antitrust regulator has conducted an on-site probe into internet giant Naver and e-commerce firm Coupang over their allegedly exaggerated or deceptive advertising practices, industry sources said Tuesday.T
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(LEAD) ICT minister requests introduction of mid-tier mobile data plan category in telecom industry meeting

(ATTN: UPDATES with more details at bottom; ADDS photo) SEOUL, July 11 (Yonhap) -- Science and ICT Minister Lee Jong-ho on Monday met with the heads of South Korea's three major telecom operators and requested the introduction of a new mid-tier m
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ICT minister requests introduction of mid-tier mobile data plan category in telecom industry meeting

SEOUL, July 11 (Yonhap) -- Science and ICT Minister Lee Jong-ho on Monday met with the heads of South Korea's three major telecom operators and requested the introduction of a new mid-tier mobile data product category that better suits users'
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(LEAD) KakaoTalk update on Google Play store suspended for week amid payment link standoff

(ATTN: ADDS more info in paras 10-11)SEOUL, July 7 (Yonhap) -- The latest software update for KakaoTalk, South Korea's most popular mobile messaging app, remained suspended for a week on the Google Play store Thursday, following the refusal by te
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(2nd LD) Samsung Electronics estimates 11.3 pct rise in Q2 profit on chip biz

(ATTN: ADDS more details in 4th para, last 3 paras)By Woo Jae-yeonSEOUL, July 7 (Yonhap) -- Samsung Electronics Co. said Thursday it is likely to report its best second-quarter earnings in four years on the back of solid chip demand.In its earnings g
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KakaoTalk update on Google Play store suspended for week amid payment link standoff

SEOUL, July 7 (Yonhap) -- The latest software update for KakaoTalk, South Korea's most popular mobile messaging app, remained suspended for a week on the Google Play store Thursday, following the refusal by tech giant Kakao Corp. to comply with G
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(LEAD) Samsung Electronics estimates 11.3 pct rise in Q2 profit on chip biz

(ATTN: ADDS more details in last 6 paras, photo)SEOUL, July 7 (Yonhap) -- Samsung Electronics Co. said Thursday it is likely to report its best second-quarter earnings in four years on the back of solid chip demand.In its earnings guidance, the South