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Disney+'s weekly users hit 1 mln in S. Korea

SEOUL, Dec. 1 (Yonhap) -- The number of weekly users on Disney+, the flagship streaming service of U.S. media giant Walt Disney Co., topped 1 million in less than a month since its launch here, a market research firm said Wednesday.The streaming serv
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Samsung unveils new auto chips for high-end car systems

By Woo Jae-yeonSEOUL, Nov. 30 (Yonhap) -- Samsung Electronics Co. on Tuesday unveiled three new automotive chips as demand for advanced chips is growing among global carmakers to produce cars with better connectivity and more sophisticated infotainme
S. Korea, Britain seek closer cooperation in 5G, AI

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SEOUL, Nov. 30 (Yonhap) -- South Korea and Britain have agreed to bolster bilateral cooperation in artificial intelligence and 5G on the sidelines of a tech forum, Seoul's ICT ministry said Tuesday.Lee Tai-hee, South Korea's deputy minister f
Biden discusses supply chain issues with CEOs of Samsung, other global firms

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WASHINGTON, Nov. 29 (Yonhap) -- U.S. President Joe Biden met with chief executives of several major retailers and other companies, including Samsung Electronics Co. of South Korea, Monday to discuss efforts to tackle the global supply chain bottlenec
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Google to allow alternative payment system from next month

SEOUL, Nov. 26 (Yonhap) -- Google said Friday that it will provide an alternative payment system at its app store in South Korea from next month in an apparent move to follow the country's new law that bans app market operators from forcing the u
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(News Focus) S. Korean chipmakers face balancing act between U.S., China for market supremacy

By Woo Jae-yeonSEOUL, Nov. 26 (Yonhap) -- Concerns are growing that SK hynix Inc.'s plan to overhaul its Chinese factory with a cutting-edge chipmaking machine could be in jeopardy due to opposition from the United States.Earlier this week, U.S.
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LG Electronics names new CEO to foster new biz opportunities

SEOUL, Nov. 25 (Yonhap) -- LG Electronics Inc. said Thursday it promoted its chief strategy officer to its new CEO to nurture new business opportunities and focus on digital transformation.The company said its current Chief Strategy Officer Cho Joo-w
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Kakao co-CEO Yeo wins another 4-year term

By Kim Han-jooSEOUL, Nov. 25 (Yonhap) -- Kakao Corp. said Thursday co-CEO Yeo Min-soo has been named to lead the operator of South Korea's top mobile messenger, KakaoTalk, for another four years.Kakao said its board of directors also selected Ryu
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(3rd LD) Samsung says new plant in Taylor, Texas, will help ease global chip crunch

(ATTN: UPDATES with Lee's return home in paras 13-14; ADDS photo)By Woo Jae-yeonSEOUL, Nov. 24 (Yonhap) -- Samsung Electronics Co. said Wednesday it has selected the city of Taylor in Texas as the site of its new US$17 billion chip fabrication pl
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(2nd LD) Samsung says new plant in Taylor, Texas, will help ease global chip crunch

(ATTN: UPDATES with more details in paras 3-8; CHANGES headline; ADDS photos)By Woo Jae-yeonSEOUL, Nov. 24 (Yonhap) -- Samsung Electronics Co. said Wednesday it has selected the city of Taylor in Texas as the site of its new US$17 billion chip fabric
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(LEAD) Samsung picks Taylor, Texas, as site of new US$17 bln chip plant

(ATTN: UPDATES article with Samsung's statement from regulatory filing, other details in paras 3-4, 6)By Woo Jae-yeonSEOUL, Nov. 24 (Yonhap) -- Samsung Electronics Co. said Wednesday it has selected the city of Taylor in Texas as the site of its
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Samsung picks Taylor, Texas, as site of new US$17 bln chip plant

By Woo Jae-yeonSEOUL, Nov. 24 (Yonhap) -- Samsung Electronics Co. said Wednesday it has selected the city of Taylor in Texas as the site of its new US$17 billion chip fabrication plant, a move to boost production amid a global chip shortage.The decis
(URGENT) Samsung picks Taylor, Texas, as site of new US$17 bln chip plant

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Netflix official says its network usage does not clog bandwidth in S. Korea

SEOUL, Nov. 23 (Yonhap) -- South Korean users pay enough to local internet service providers for bandwidth required in accessing Netflix, a company executive said Tuesday, in a thinly veiled comment that the U.S. streaming giant will not pay network
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S. Korea breaks ground for AI complex in Gwangju

SEOUL, Nov. 22 (Yonhap) -- South Korea broke ground Monday for an artificial intelligence complex in the southwestern city of Gwangju to foster the related industry, the science ministry said.The groundbreaking ceremony was held in Gwangju, 330 kilom
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SK hynix to 'wisely' deal with risks associated with U.S.-China trade tension: CEO

By Woo Jae-yeonSEOUL, Nov. 22 (Yonhap) -- SK hynix CEO Lee Seok-hee said Monday that the company will respond "wisely" to the U.S.-China trade tension that could cloud the chipmaker's plan to upgrade its Chinese plant."The fourt
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E-mart 24 to sell limited collaboration wine with popular game Lost Ark

SEOUL, Nov. 22 (Yonhap) -- E-mart 24 Inc., the convenience store arm of South Korean retail giant Shinsegae, said Monday it will sell limited collaboration wine bottles made to commemorate the third a
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(LEAD) Netflix raises subscription fees in S. Korea amid controversies over network usage

(ATTN: RECASTS throughout with details)SEOUL, Nov. 19 (Yonhap) -- Netflix has raised its monthly subscription fees in South Korea as a vice parliamentary speaker proposed a bill to keep the U.S. streaming giant from getting a free ride on networks.Ne
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Netflix raises subscription fees in S. Korea amid controversies over network usage

SEOUL, Nov. 19 (Yonhap) -- U.S. streaming giant Netflix has raised its monthly subscription fees in South Korea as increased data traffic over its hit "Squid Game" rekindled controversies with internet service providers over network usage
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LG OLED TV shipments reach 10 mln milestone since 2013 release: report

SEOUL, Nov. 19 (Yonhap) -- LG Electronic Co.'s shipments of its premium OLED television have surpassed the 10 million milestone in the third quarter since it was released in 2013, new data showed Friday.It took the South Korean TV maker seven yea