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Seoul to open booth at CES 2022 to pitch city's innovative tech firms

SEOUL, Jan. 4 (Yonhap) -- The city of Seoul will open a booth at the Consumer Electronics Show (CES) in Las Vegas this week to help pitch innovative technologies by smaller firms based in the city, officials said Tuesday.The Seoul booth will open ins
IT

Samsung to unveil Galaxy S21 FE at CES; launch date set for Jan. 11

By Woo Jae-yeonSEOUL, Jan. 4 (Yonhap) -- Samsung Electronics Co. said Tuesday it will unveil its Galaxy S21 FE 5G at the Consumer Electronics Show (CES), set to open Wednesday in Las Vegas, one of the most anticipated phones among Samsung fans for it
IT

S. Korea's 5G users top 20 mln in November: data

SEOUL, Jan. 3 (Yonhap) -- The number of smartphone users on 5G mobile networks had topped 20 million as of November for the first time since the service was commercialized in 2019, data showed Monday.The total number of 5G users reached 20.19 million
IT

Lee to raise election funds via NFTs to woo young voters

SEOUL, Jan. 2 (Yonhap) -- Ruling party presidential nominee Lee Jae-myung plans to raise election funds via a blockchain-based digital platform to draw support from tech-savvy young voters, his campaign said Sunday. The Democratic Party (DP) will iss
Game

As gaming shutdown rule abolished, youth chooses own hours of use

SEOUL, Dec. 31 (Yonhap) – The Ministry of Gender Equality and Family has said on Dec. 31 that the so-called gaming shutdown rule, banning minors from late night access to online games, will be abolish
IT

Samsung aiming to wow tech world with new innovations at CES tech show

By Woo Jae-yeon SEOUL, Dec. 31 (Yonhap) -- Can Samsung Electronics Co. live up to the expectations and hype that the company helped create in the days leading up to the Consumer Electronics Show (CES) in Las Vegas next week?Earlier this week, the Sou
IT

Samsung's foldable phone sales up 4 times from last year

By Woo Jae-yeonSEOUL, Dec. 30 (Yonhap) -- Samsung Electronics Co. said Thursday it sold four times as many foldable Galaxy Z series phones this year as last year, further solidifying its lead in the fast-growing new smartphone segment. While the Sout
IT

S. Korea to open up public Wi-Fi in network outage, disasters

SEOUL, Dec. 29 (Yonhap) -- The Ministry of Science and ICT said Wednesday it will open up public Wi-Fi networks in case of network outages to help citizens gain access to basic telecommunication services.The decision came two months after KT Corp., a
IT

Apple hints at submitting compliance plans on in-app payment law

SEOUL, Dec. 28 (Yonhap) -- Apple could submit its compliance plans for a new South Korean law that bans app store operators from forcing in-app payment systems on developers, industry sources said Tuesday.The new law went into effect in September, ma
IT

LG Display to unveil cutting-edge OLED display products at CES 2022

By Woo Jae-yeonSEOUL, Dec. 27 (Yonhap) -- LG Display Co., a major display panel maker in South Korea, said Monday it will show off transparent OLED displays at the Consumer Electronics Show (CES) next week, as part of efforts to present technological
IT

Samsung's Chinese chip plant in emergency mode during citywide anti-virus lockdown

By Woo Jae-yeonSEOUL, Dec. 24 (Yonhap) -- Samsung Electronics Co. said Friday its memory chip complex in the Chinese city of Xi'an went into an emergency mode as the Chinese authorities enforced a lockdown to stem the spread of the coronavirus.Th
IT

Samsung stays put as omicron scares away big-name exhibitors at CES 2022

By Woo Jae-yeonSEOUL, Dec. 24 (Yonhap) -- Samsung Electronics Co. said Friday that it still plans to participate in the Consumer Electronics Show (CES) early next month, even though major brands backed out as the omicron variant of the coronavirus dr
IT

(News Focus) Having passed major regulatory hurdle for Intel deal, SK hynix eyes economies of scale, sharper competitive edge

By Woo Jae-yeonSEOUL, Dec. 23 (Yonhap) -- The removal of the last regulatory hurdle for SK hynix Inc.'s acquisition of Intel Corp's non-volatile memory business will likely accelerate the chipmaker's plan to expand its presence and enhanc
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Game

Netmarble's U.S. subsidiary Jam City releases blockchain-based game 'Champions: Ascension'

SEOUL, Dec. 23 (Yonhap) -- Netmarble announced Thursday that its U.S. subsidiary, Jam City, has established a department dedicated to blockchain and released its new blockchain-based mobile game &quo
IT

LG Electronics' new CEO visits Austrian automotive light maker ZKW

By Woo Jae-yeonSEOUL, Dec. 21 (Yonhap) -- LG Electronics Inc.'s new CEO Cho Joo-wan recently visited Austrian automotive light maker ZKW Group, people with knowledge of the matter said Tuesday, in a sign the South Korean tech giant is looking to
IT

Samsung holds global strategy meeting for next year

SEOUL, Dec. 21 (Yonhap) -- Samsung Electronics Co. began a two-day companywide global strategy meeting, industry sources said Tuesday, the first since it appointed new CEOs in its first major reshuffle in three years and streamlined its structure aft
Krafton invests US$5 mln in Indian dating app 'FRND'

IT

SEOUL, Dec. 20 (Yonhap) -- Krafton Inc., the South Korean gaming giant behind the global smash hit "PlayerUnknown's Battlegrounds" (PUBG), said Monday that it has invested US$5 million in the Indian dating app FRND.The investment into
IT

S. Korea ranks 4th in world's video game market in 2020

SEOUL, Dec. 20 (Yonhap) -- South Korea's video game market expanded more than 20 percent on-year to rank fourth in the world last year on the back of stellar growth in online games, a report showed Monday.The country's video game market poste
IT

Bio sector output, exports grow at fastest pace in 2020 amid pandemic

SEOUL, Dec. 20 (Yonhap) -- Output and exports of South Korea's bio industry expanded at the fastest clip ever in 2020 amid the coronavirus pandemic, data showed Monday.Output of the local bio industry was estimated at 17.5 trillion won (US$14.7 b
IT

(2nd LD) U.S. calls for S. Korea's greater role in global supply chain amid chip shortage

(ATTN: UPDATES throughout with more details, comments; CHANGES headline, lead)By Kim Eun-jung and Chae Yun-hwan SEOUL, Dec. 17 (Yonhap) -- A senior U.S. diplomat on Friday called on South Korea to play a greater role in building resilient semiconduct