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(News Focus) Samsung, SK hynix breathe sigh of relief as U.S. 'guardrails' are less tough than feared

By Woo Jae-yeonSEOUL, March 22 (Yonhap) -- South Korean chipmakers appeared to breathe a sigh of relief Wednesday, as the U.S. government's new rules for the Chips Act, announced last night, were less stringent than had been previously feared.Was
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Kakao Mobility acquires British ride-hailing startup Splyt

SEOUL, March 22 (Yonhap) -- Kakao Mobility Corp., a mobility subsidiary of South Korea's tech giant Kakao Corp, said Wednesday that it has acquired the British ride-hailing startup Splyt as part of its plans to go abroad."The acquisition of
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(Yonhap Interview) Apple working on expanding Apple Pay service in S. Korea: senior executive

By Kim BoramSEOUL, March 22 (Yonhap) -- Apple Inc.'s long-awaited mobile payment service, Apple Pay, has finally landed in South Korea this week, some seven years after the service was first initiated in the United States.It is available in local
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(LEAD) Samsung tries to overcome challenges with new energy-saving Bespoke lineup

(ATTN: RECASTS throughout with details in 1st, 5th, last 13 paras; CHANGES headline; ADDS photo)SEOUL, March 21 (Yonhap) -- Samsung Electronics Co. on Tuesday unveiled more energy efficient and AI-powered high-end household appliances for this year,
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(LEAD) Apple launches Apple Pay in S. Korea

(ATTN: ADDS more comments in paras 5-6, new photos; CLARIFIES title in 2nd para)By Kim BoramSEOUL, March 21 (Yonhap) -- U.S. tech giant Apple Inc. on Tuesday launched its mobile payment service Apple Pay in South Korea."Apple Pay is available f
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Samsung expands energy-saving Bespoke home products

SEOUL, March 21 (Yonhap) -- Samsung Electronics Co. on Tuesday unveiled more energy efficient and AI-powered high-end household appliances for this year, seeking to take its standard for smart home life to another level.The South Korean tech giant sh
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Apple launches Apple Pay in S. Korea

By Kim BoramSEOUL, March 21 (Yonhap) -- U.S. tech giant Apple Inc. on Tuesday launched its mobile payment service Apple Pay in South Korea."Apple Pay is available from today in South Korea," Duncan Olby, who is in charge of Apple Pay and
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S. Korea, U.S. to expand cooperation in science, technology

SEOUL, March 21 (Yonhap) -- South Korea and the United States agreed to expand bilateral cooperation in science and technology, Seoul's science ministry said Tuesday.The Ministry of Science and ICT said it signed a joint statement of intent with
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S. Korea to start preparations for ICT cooperation with Japan: official

By Kim BoramSEOUL, March 19 (Yonhap) -- South Korea will start preparations for resuming science and information technology cooperation with Japan, which has been stalled for years due to trade and historical issues, following the Seoul-Tokyo summit
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Designovel offers generative AI-powered solutions to fashion retailers

By Kim BoramSEOUL, March 17 (Yonhap) -- Fashion retailers analyze all the previous years' data to build a plan that offers the right kind of product at the right place, time, quantity and price. The process, called merchandise planning, involves
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Samsung acquires additional shares of Rainbow Robotics

SEOUL, March 16 (Yonhap) -- Samsung Electronics Co. said Thursday it has acquired additional shares of Rainbow Robotics, in a move to enhance its robotics business, a sector it sees as having a huge growth potential.Samsung said in a regulatory filin
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(LEAD) Samsung to work on wearable robots, continue strategic chip investment

(ATTN: ADDS more info in last 6 paras)SUWON, South Korea, March 15 (Yonhap) -- Samsung Electronics Co. will beef up its robotics business this year to more proactively respond to a future where artificial intelligence-powered machines will take a mor
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Samsung to work on wearable robots, continue strategic chip investment

SUWON, South Korea, March 15 (Yonhap) -- Samsung Electronics Co. will beef up its robotics business this year to more proactively respond to a future where artificial intelligence-powered machines will take a more important role in human life, its ch
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(Yonhap Interview) Netherlands seeks cooperation with S. Korea in chip tech, green energy

By Woo Jae-yeonSEOUL, March 15 (Yonhap) -- The Netherlands' decision to join the U.S.-led effort to limit China's access to advanced chipmaking technology was made to safeguard its "national and international security," the countr
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S. Korea's ICT exports drop for 8th straight month in Feb.

SEOUL, March 14 (Yonhap) -- South Korea's exports of information and communication technology (ICT) products fell for the eighth consecutive month in February due mainly to a drop in demand for semiconductors amid a global economic slowdown, gove
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LG Electronics to strengthen auto parts-focused R&D operations in Vietnam

SEOUL, March 9 (Yonhap) -- LG Electronics Inc. said Thursday it is scaling up its research and development operations in Vietnam to respond to a rapidly growing electric vehicle (EV) parts business.The South Korean tech company held a ceremony Wednes
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Facebook users in S. Korea dip below 10 mln: data

SEOUL, March 9 (Yonhap) -- The number of Facebook users in South Korea fell to a record low last month as a growing number of young people opted to use Instagram and other social media platforms, industry data showed Thursday.Facebook had a combined
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LG expects TV sales to tick up this year despite slow demand

By Woo Jae-yeonSEOUL, March 8 (Yonhap) -- LG Electronics Inc. said Wednesday it expects its TV business, centered around premium OLED TVs, to log an on-year growth this year despite sluggish demand amid stubbornly high inflation."While the glob
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(2nd LD) Kakao announces tender offer to gain stable management control over SM Entertainment

(ATTN: UPDATES with SM Entertainment's closing price in 11th para)SEOUL, March 7 (Yonhap) -- South Korean tech giant Kakao Corp. on Tuesday announced a tender offer for SM Entertainment Co. shares to gain stable management control over the K-pop
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(LEAD) Kakao announces tender offer to gain stable management control over SM Entertainment

(ATTN: UPDATES with statement from SM in last four paras)SEOUL, March 7 (Yonhap) -- South Korean tech giant Kakao Corp. on Tuesday announced a tender offer for SM Entertainment Co. shares to gain stable management control over the K-pop powerhouse an