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Kakao Games Q1 net profit up 54 pct on-year due to better cost management

SEOUL, May 3 (Yonhap) -- Kakao Games Corp., the gaming unit of South Korean tech giant Kakao Corp., reported Tuesday that its first-quarter net profit rose 54.2 percent on-year to 28.3 billion won (US$22.3 million) due to improved cost management.Ope
IT

IT service provider LG CNS begins IPO process

SEOUL, May 3 (Yonhap) -- South Korean information technology service provider LG CNS has kicked off the process of its initial public offering (IPO) that could take place as early as in the second half of this year, industry sources said Tuesday.LG C
Game

Haeundae·Seomyeon sees boom as global esports event with 20 million viewers will open

SEOUL, April 30 (Yonhap) -- Haeundae and Seomyeon, the two biggest attractions in the city Busan, South Korea, will see a boom as the global esports event with more than 100 million users, will open.
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Samsung retakes top spot in global smartphone market in Q1: Counterpoint

SEOUL, April 29 (Yonhap) -- Samsung Electronics Co. retook the top spot in the global smartphone market from Apple Inc. in the first quarter of 2022, data showed Friday.The South Korean tech giant shipped 74 million units of smartphones over the Janu
IT

Samsung, employees agree to 9 pct pay raise for 2022

SEOUL, April 29 (Yonhap) -- Samsung Electronics Co.'s management and its workers agreed to an average 9 percent pay raise in wages for the year, sources said Friday, ending 11 rounds of negotiations since February.The world's largest memory c
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U.S., 60 countries pledge to promote free, open Internet, urge others to join

By Byun Duk-kunWASHINGTON, April 28 (Yonhap) -- The United States and 60 other countries issued a joint declaration for the future of the Internet on Thursday, vowing to promote human rights, freedom, democracy and the rule of law in the digital real
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(2nd LD) Home appliances, one-off gains drive LG Electronics' record Q1 profit, sales

(ATTN: ADDS more details in 5th para, last 7 paras)SEOUL, April 28 (Yonhap) -- LG Electronics Inc. on Thursday said its first-quarter operating profit rose more than 6 percent from a year ago, fueled by sales of premium home appliances and one-off ga
(3rd LD) Samsung Electronics Q1 profit jumps 50.5 pct, driven by server chips, mobile sales

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(ATTN: ADDS Samsung share price at bottom)By Woo Jae-yeonSEOUL, April 28 (Yonhap) -- Samsung Electronics Co. on Thursday reported its best first-quarter earnings in four years on the back of solid chip and mobile demand.The world's largest memory
$(LEAD) FSC unveils guideline on 'fractional investment' to enhance investor protection$

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(LEAD) FSC unveils guideline on 'fractional investment' to enhance investor protection

(ATTN: CLARIFIES paras 4, 7; ADDS info at bottom)SEOUL, April 28 (Yonhap) -- South Korea's financial regulator on Thursday unveiled a guideline on the operation of "fractional investment," vowing to step up monitoring of the fast-grow
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(LEAD) Home appliances, one-off gains drive LG Electronics' record Q1 profit, sales

(ATTN: ADDS more details last 7 paras, photo)SEOUL, April 28 (Yonhap) -- LG Electronics Inc. on Thursday said its first-quarter operating profit rose 6.4 percent from a year ago, fueled by sales of premium home appliances and one-off gains from paten
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Home appliances, one-off gains drive LG Electronics' record Q1 profit, sales

SEOUL, April 28 (Yonhap) -- LG Electronics Inc. on Thursday said its first-quarter operating profit rose 6.4 percent from a year ago, fueled by sales of premium home appliances and one-off gains from patents licensing. Its operating income came in at
$FSC unveils guideline on 'fractional investment' to enhance investor protection$

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FSC unveils guideline on 'fractional investment' to enhance investor protection

SEOUL, April 28 (Yonhap) -- South Korea's financial regulator on Thursday unveiled a guideline on the operation of "fractional investment," vowing to step up monitoring of the fast-growing industry.The Financial Services Commission (F
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(2nd LD) Samsung Electronics Q1 profit jumps 50.5 pct, driven by server chips, mobile sales

(ATTN: ADDS details throughout, graph; TRIMS)By Woo Jae-yeonSEOUL, April 28 (Yonhap) -- Samsung Electronics Co. on Thursday reported its best first-quarter earnings in four years on the back of solid chip and mobile demand.The world's largest mem
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(LEAD) Samsung Electronics Q1 profit jumps 50.5 pct, driven by server chips, mobile sales

(ATTN: CHANGES headline; ADDS details in last 11 paras)By Woo Jae-yeonSEOUL, April 28 (Yonhap) -- Samsung Electronics Co. on Thursday reported its best first-quarter earnings in four years on the back of solid chip and mobile demand.The world's l
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Samsung Electronics Q1 profit jumps 50.5 pct, driven by chip, mobile sales

SEOUL, April 28 (Yonhap) -- Samsung Electronics Co. on Thursday reported its best first-quarter earnings in four years on the back of solid chip and mobile demand.The world's largest memory chip and mobile phone maker said its operating profit ro
(URGENT) Samsung Electronics Q1 sales up 18.9 pct on-year to 77.7 tln won

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(URGENT) Samsung Electronics Q1 operating profit up 50.5 pct on-year to 14.12 tln won

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(3rd LD) SK hynix Q1 net profit sharply up on strong chip biz

(ATTN: ADDS SK hynix share price at bottom)By Woo Jae-yeonSEOUL, April 27 (Yonhap) -- SK hynix Inc. reported strong first-quarter earnings Wednesday on the back of robust chip demand for servers despite being in the traditionally low season.Net incom
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(2nd LD) SK hynix Q1 net profit sharply up on strong chip biz

(ATTN: ADDS more details from 6th para, photo; TRIMS)By Woo Jae-yeonSEOUL, April 27 (Yonhap) -- SK hynix Inc. reported strong first-quarter earnings Wednesday on the back of robust chip demand for servers despite being in the traditionally low season
Game

'BTS characters' Mobile game to be released in first half of 2022

SEOUL, Apr. 27 (Yonhap) – The mobile puzzle game featuring characters of K-pop superband BTS’ members will be released in the first half of this year. HYBE announced on Apr. 26, “Prior to the release