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(URGENT) Samsung Electronics Q4 net profit up 64 pct on-year to 10.8 tln won

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Scientists develop biosensor to detect COVID-19 variants within 30 min.

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By Kim Han-jooSEOUL, Jan. 26 (Yonhap) -- A group of South Korean scientists developed a screening biosensor that can detect COVID-19 variants within 30 minutes, whose test results are as accurate as polymerase chain reaction (PCR) tests, a state-run
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Samsung's chipmaking plant in Xi'an begins normal operation as China lifts lockdown

SEOUL, Jan. 26 (Yonhap) -- Samsung Electronics Co. said Wednesday its chipmaking facility in the Chinese city of Xi'an has returned to normal as the city has lifted a lockdown.The world's largest memory chip maker had temporarily adjusted ope
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Samsung to unveil Galaxy S22 at Unpacked event next month

By Woo Jae-yeonSEOUL, Jan. 26 (Yonhap) -- Samsung Electronics Co. said Wednesday it will hold its Unpacked 2022 event next month to showcase the latest Galaxy smartphone with improved chips and boosted camera performance and capabilities.The tech com
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Kakao Games invests US$20 mln in U.S. game developer Frost Giant Studios

By Kim Han-jooSEOUL, Jan. 26 (Yonhap) -- South Korean game developer Kakao Games Corp. said Wednesday it has invested US$20 million in U.S.-based independent game developer Frost Giant Studios in line with its efforts to increase its global profile.T
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S. Korea to spend nearly 9 tln won on digital New Deal in 2022

SEOUL, Jan. 26 (Yonhap) -- South Korea said Wednesday it will invest 9 trillion won (US$7.51 billion) this year as part of its digital New Deal program to foster new tech industries in areas related to the metaverse and artificial intelligence. The N
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SK Broadband rolls out new all-in-one OTT platform

SEOUL, Jan. 25 (Yonhap) -- SK Broadband Co., a major South Korean internet service provider (ISP), on Tuesday launched a new all-in-one platform that offers content from five streaming services, including Apple TV+.The company's latest PlayZ plat
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LG to launch upgradable appliances for enhanced user experience

By Woo Jae-yeonSEOUL, Jan. 25 (Yonhap) -- LG Electronics Inc. said Tuesday it will roll out upgradable home appliances to better serve consumers' varying needs, in what it said could be a major shift from selling products to offering improved con
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SK Telecom to ramp up development of flying cars

SEOUL, Jan. 25 (Yonhap) -- SK Telecom Co., South Korea's top wireless carrier, said Tuesday it will speed up the development of urban air mobility (UAM) services.In 2020, South Korea unveiled its plan to commercialize UAM services by 2025 to help
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S. Korea to invest 107 bln won in Gwangju AI complex project this year

SEOUL, Jan. 24 (Yonhap) -- South Korea plans to invest 107.6 billion won (US$90.1 million) this year to push ahead with a major project to build an artificial intelligence complex by 2024, the science ministry said Monday.In November last year, South
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LG to unveil life-size Omnipod, self-driving concept car

SEOUL, Jan. 24 (Yonhap) -- LG Electronics Inc. said Monday it will show off the real-life version of its futuristic self-driving vehicle next month.The LG Omnipod, a mobility concept solution that can serve as "a home office, an entertainment c
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(LEAD) S. Korea's tech trade logs second-highest tally of US$29 bln in 2020: data

(ATTN: ADDS more info in lead, 5th para)SEOUL, Jan. 21 (Yonhap) -- South Korea's technology trade reached the second-highest tally ever of US$29.9 billion in 2020, down 5.5 percent from the previous year, amid the global pandemic, government data
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S. Korea's tech trade logs second-highest tally of US$29 bln in 2020: data

SEOUL, Jan. 21 (Yonhap) -- South Korea's technology trade reached the second-highest tally ever of US$29.9 billion in 2020, down 5.5 percent from the previous year, government data showed Friday.The technology trade refers to the country's in
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(LEAD) Kakao names Namkoong Whon as new CEO

(ATTN: ADDS other info in last 2 paras)By Kim Han-jooSEOUL, Jan. 20 (Yonhap) -- Kakao Corp., the operator of South Korea's top mobile messenger KakaoTalk, said Thursday it has named Namkoong Whon as its new CEO following the resignations of two f
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Over one-third of S. Koreans paid subscribers to OTT platforms last year

SEOUL, Jan. 20 (Yonhap) -- Over 34 percent of South Koreans were paid subscribers to over-the-top (OTT) media, or video streaming services, a survey showed Thursday.Paid subscribers to OTTs stood at 34.8 percent last year, up 20.4 percentage points f
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Kakao names Nam Koong-whon as new CEO

By Kim Han-jooSEOUL, Jan. 20 (Yonhap) -- Kakao Corp., the operator of South Korea's top mobile messenger KakaoTalk, said Thursday it has named Nam Koong-whon as its new CEO following the resignations of two former nominees.Kakao said its board of
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S. Korea aims to become world's 5th-biggest metaverse market by 2026

SEOUL, Jan. 20 (Yonhap) -- South Korea on Thursday unveiled a long-term road map to foster its metaverse industry, with the aim of becoming the world's fifth-largest market in the next five years.Under the plan, South Korea will foster at least 2
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S. Korea's spy agency detects malware infection in over 100 local IoT devices

SEOUL, Jan. 19 (Yonhap) -- South Korea's state intelligence agency said Wednesday it has identified more than 100 sets of Internet of Things (IoT) equipment in the country that have been infected with malware.The National Intelligence Service (NI
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Samsung unveils new mobile processor with stronger graphic performance

SEOUL, Jan. 18 (Yonhap) -- Samsung Electronics Co. on Tuesday unveiled an advanced mobile application processor in the latest move to bolster its minimal presence in the global mobile application processor market.Samsung said the new processor, the E
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KT partners with Russia's Yandex on developing delivery robots

SEOUL, Jan. 18 (Yonhap) -- KT Corp., South Korea's major telecom operator, said Tuesday it has partnered with an affiliate of Russian tech giant Yandex to jointly develop delivery robots.KT and Yandex Self-Driving Group inked an agreement in Mosc