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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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Game

Neowiz releases mobile game 'Browndust and Puzzle'

SEOUL, July 11 (Yonhap) -- Neowiz announced it’s released of their latest mobile game “Browndust and Puzzle” on Monday.“Browndust and Puzzle” is a spin off version of Neowiz’s intellectual property “B
IT

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'
IT

(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
IT

(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
IT

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
IT

(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
Samsung Electronics estimates 11.3 pct rise in Q2 profit on chip biz

IT

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 Korean tech giant estimated its operating profi
(URGENT) Samsung Electronics estimates Q2 operating profit at 14 tln won, up 11.3 percent YoY

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(URGENT) Samsung Electronics estimates Q2 sales at 77 tln won, up 20.9 percent YoY

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IT

LG Innotek to invest 1.4 tln won to expand capacity for camera modules

SEOUL, July 6 (Yonhap) -- LG Innotek Co., a South Korean major electronics parts maker, said Wednesday it will invest 1.4 trillion won (US$1.07 billion) to expand the production capacity of camera modules and other electronic parts.LG Innotek, a came
IT

Convenience store chains to introduce limited drone delivery service in leisure destinations

SEOUL, July 6 (Yonhap) -- South Korean convenience chains said Wednesday they plan to introduce limited drone delivery services in selected stores in leisure destinations, as competition to provide faster deliveries heats up.BGF Retail, the operator
IT

LG Uplus, Nokia agree to cooperate in key wireless tech R&D

SEOUL, July 6 (Yonhap) -- LG Uplus Corp., South Korea's third-largest mobile carrier, said Wednesday it has reached a tentative deal with Finnish tech giant Nokia Corp. to cooperate in research and development (R&D) projects for next-generation w
IT

KT invests 30 bln won in S. Korean AI chip startup Rebellions

SEOUL, July 6 (Yonhap) -- KT Corp., South Korea's No. 2 mobile carrier, said Wednesday it has invested 30 billion won (US$23 million) in Rebellions Inc., a local artificial intelligence (AI) chip startup, to participate in the fast growing field
IT

LG's EV parts business receives new orders worth 8 trillion won in first half

SEOUL, July 5 (Yonhap) -- LG Electronics Inc. said Tuesday it has secured 8 trillion won (US$6.1 billion) worth of new orders for electric vehicle (EV) parts and solutions in the first half, a sign that its new growth engine is gaining ground.While t
IT

SK hynix sets up makeshift tents in preparation for potential lockdown in China

SEOUL, July 5 (Yonhap) -- SK hynix Inc. said Tuesday it has set up makeshift tents for workers in its chip fabrication factory in Wuxi, China, to prevent a potential citywide COVID-19 lockdown from disrupting its production.Eastern cities in China, i
IT

Samsung's Q2 operating profit likely to rise 15.6 pct on chip biz: survey

SEOUL, July 5 (Yonhap) -- Samsung Electronics Co. is expected to report a more than 15 percent rise in operating profit for the second quarter, helped by strong semiconductor business despite slowing demand for smartphones and home appliances, a surv
IT

LGES CEO leaves for Europe for EV battery biz

SEOUL, July 3 (Yonhap) -- LG Energy Solution said Sunday its CEO Kwon Young-soo has left for Europe to check on its battery plant in Poland and meet with key partners there as the battery maker is striving to broaden its electric vehicle battery busi
Game

Culture minister vows to lift regulations on gaming industry

culture minister-gaming industry Culture minister vows to lift regulations on gaming industrySEOUL, July 1 (Yonhap) -- The culture minister on Friday pledged to lift the country's strict regulatio
IT

High-tech convenience stores boom amid high labor costs and contactless services

By Kang Jae-eunSEOUL, July 1 (Yonhap) -- A digital transformation is taking place in South Korea's convenience store industry, with local retailers racing to open stores installed with the latest retail technologies. GS Retail, the operator of lo