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ASML CEO in S. Korea to discuss semiconductor cooperation amid global chip shortage

By Woo Jae-yeonSEOUL, April 5 (Yonhap) -- The top executive of Dutch semiconductor equipment maker ASML is in South Korea to discuss semiconductor cooperation in the country where its key clients are based, the company said Tuesday.ASML CEO Peter Wen
IT

S. Korean regulator to rule on Google's new billing policy next week

SEOUL, April 1 (Yonhap) -- South Korea's telecommunications regulator said Friday it was looking into whether Google's new payment system violates the law that bans app store operators from forcing developers to use their in-app payment syste
IT

S. Korea's ministry opens DMZ-themed metaverse platform

SEOUL, March 31 (Yonhap) -- South Korea's unification ministry said Thursday it has launched a metaverse service designed to help people experience the Demilitarized Zone (DMZ), bisecting the peninsula, in online space.The metaverse platform -- t
IT

Samsung lays out vision for innovative user experience, unveils new premium TV

By Woo Jae-yeonSEOUL, March 30 (Yonhap) -- Samsung Electronics Co. on Wednesday laid out a vision for new innovative TV experiences and introduced its latest premium TV product.During a live online event, titled Unbox & Discover 2022, the world's
IT

SK hynix appoints former chief product officer as new co-CEO

SEOUL, March 30 (Yonhap) -- SK hynix Inc., the world's second largest memory chip maker, on Wednesday appointed its chief safety, product and production officer as new co-CEO.Kwak Noh-jung will replace Lee Seok-hee, who has served the company as
IT

SK hynix seeks to buy British chip designer Arm through consortium

SEOUL, March 30 (Yonhap) -- SK hynix Inc., the world's second largest memory chip maker, is reviewing to acquire British semiconductor company Arm Ltd. with strategic partners, its top executive said Wednesday. "We are reviewing possibly fo
Game

Esports tournament ‘League of Legends MSI’ will be held in Busan in May

SEOUL, March 30 (Yonhap) -- League of Legends Esports tournament ‘Mid-Season Invitational (MSI)’ will be held in Busan, South Korea, in May. LoL MSI is an international tournament where Spring Split c
Game

'Indie game festival' Busan Indie Connect Festival to be held in September

BUSAN, Mar. 29 (Yonhap) -- The Busan IT Industry Promotion Agency announced on Tuesday that it will hold a global indie game festival "Busan Indie Connect Festival 2022(BIC Festival 2022)” for 4
IT

Samsung asks U.S. to ensure equal chance for CHIPS Act incentives

By Woo Jae-yeonSEOUL, March 29 (Yonhap) -- Samsung Electronics Co. called on the United States to give foreign chipmakers an equal chance to compete for state incentives to expand production capacity and solve a continuing chip shortage, a document s
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Upbeat earnings forecast for Samsung, SK hynix in Q1: survey

By Woo Jae-yeonSEOUL, March 29 (Yonhap) -- Samsung Electronics Co. and SK hynix Inc., the world's two largest memory chip makers, are forecast to report robust earnings in the first quarter, despite a hike in raw material prices and continued glo
Game

Nexon’s 'Dungeon & Fighter Mobile' exceeds 1 mln users on first day of launch

SEOUL, Mar. 25 (Yonhap) – Nexon announced on Mar. 25 that "Dungeon & Fighter Mobile," which was released on Mar. 24 at 8 a.m., topped the sales on Apple's app store after 5 hours o
Game

Nexon launches 'Dungeon & Fighter Mobile' in Korea

SEOUL, Mar. 24 (Yonhap) – Nexon announced that it has officially launched “Dungeon & Fighter Mobile” on Thursday at 8 a.m.According to Nexon, “Dungeon & Fighter Mobile” is a 2D anime-styled ac
IT

SK Broadband should seek compensation from Netflix over network fees: expert

By Kim Han-jooSEOUL, March 24 (Yonhap) -- SK Broadband Co., a major South Korean internet service provider (ISP), should seek reimbursement from U.S. streaming giant Netflix Inc. for refusing to pay for network usage fees, a technology policy expert
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Hyundai Motor Group's key overseas units turn profit in 2021

SEOUL, March 21 (Yonhap) -- Major overseas units of South Korean automaking titan Hyundai Motor Group were profitable in 2021 on brisk sales of eco-friendly vehicles and increased capacity utilization, company data showed Monday.Hyundai Motor Co., th
IT

Apple to launch new budget iPhone SE in S. Korea next week

SEOUL, March 18 (Yonhap) -- Apple Inc. will launch its newly upgraded iPhone SE smartphone in South Korea next week, the country's telecom operators said Friday, as the U.S. tech giant aims to expand its leadership in the budget-friendly smartpho
IT

Samsung unveils new budget Galaxy smartphones

By Woo Jae-yeonSEOUL, March 17 (Yonhap) -- Samsung Electronics Co. on Thursday launched new cheaper Galaxy A smartphones, the tech giant's entry-level gadget targeting users looking for more affordable smartphones with advanced features.Samsung r
IT

Samsung's foundry market share rises in Q4, narrowing down gap with TSMC: report

By Woo Jae-yeonSEOUL, March 15 (Yonhap) -- Samsung Electronics Co. expanded its share of the global foundry market in the fourth quarter, slightly narrowing down the gap with the industry's leader TSMC, a report showed Tuesday.The South Korean ch
IT

New Naver CEO takes office vowing to change corporate culture

SEOUL, March 14 (Yonhap) --Naver Corp.'s new CEO Choi Soo-yeon took office Monday, vowing to foster innovation and reform the corporate culture of South Korea's top internet portal operator.The company's shareholders and board of director
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Samsung set to unveil new Galaxy A series this week

By Woo Jae-yeonSEOUL, March 14 (Yonhap) -- Samsung Electronics Co. says it will unveil new Galaxy A smartphones Thursday, the tech giant's entry-level gadget targeting users looking for more affordable smartphones with flagship features.Calling t
IT

Saudi Arabia's sovereign wealth fund becomes NCSOFT's 2nd-largest shareholder

By Kim Han-jooSEOUL, March 11 (Yonhap) -- Saudi Arabia's sovereign wealth fund has increased its stake in NCSOFT Corp. to become the second-largest shareholder, according to a regulatory filing Friday.Public Investment Fund (PIF) acquired an addi