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IT

Mon, December 16, 2019 | 09:24

Non-automotive firms gearing up to join mobility business

Non-automotive firms gearing up to join mobility business

POSCO, GS, Hanwha and other companies, whose core businesses have been unrelated to transportation, are rushing to join the promising mobility business to find new growth engines as the rapid convergence of the automotive and IT industries is changing the paradigm of mobility and creating new business opportunities, according to company officials and industry analysts.

Baek Byung-yeul | 2019-12-15 17:26

Gov't approves merger of LG Uplus-CJ Hello merger

Gov't approves merger of LG Uplus-CJ Hello merger

The merger between South Korean mobile carrier LG Uplus Corp. and cable and budget phone operator CJ Hello Co. received final approval from the government Sunday in a development that could lead to more investment and growth in the local telecom and broadcasting sector.

2019-12-15 12:21

Hyundai Heavy launches new robotics subsidiary

Hyundai Heavy launches new robotics subsidiary

Hyundai Heavy Industries Group will spin-off its robotics business and establish a new subsidiary, Hyundai Robotics, aiming to increase sales from the promising business to 1 trillion won ($853 million) by the end of 2024, the group said Friday.

Jun Ji-hye | 2019-12-13 17:18

Samsung to strengthen foothold in China

Samsung to strengthen foothold in China

Samsung Electronics is investing an additional $8 billion into its semiconductor plant in Xian, China, in a bid to ramp up NAND flash memory chip output and strengthen its foothold in the neighboring country, according to the Korean tech giant Friday. The company has already spent $7 billion on its second plant in Xian, the firm's only overseas memory chip production base. Th...

Jun Ji-hye | 2019-12-13 17:18

Mobile TV on verge of fading away from smartphones

Mobile TV on verge of fading away from smartphones

Mobile TV, dubbed as digital multimedia broadcasting (DMB), is on the verge of fading away from smartphones as the service enabling people to watch broadcasts via mobile devices has lost viewership significantly with the advent of more convenient and smarter options such as video streaming services.

Baek Byung-yeul | 2019-12-13 17:00

KT draws up candidate short list for chairman

KT draws up candidate short list for chairman

KT has drawn up a short list of nine candidates for its next chairman, who will succeed the incumbent, Hwang Chang-gyu, whose term expires in March 2020, the telecom company said Thursday.

Baek Byung-yeul | 2019-12-12 18:00

FKI urges China to restore bilateral ties

FKI urges China to restore bilateral ties

The Federation of Korean Industries (FKI) urged China, Thursday, to put a bilateral dispute over a U.S. missile defense system deployed here behind it, and to resume full economic cooperation amid continued uncertainty in the global economy.

Kwak Yeon-soo | 2019-12-12 17:02

KT to set up fine dust observation devices certified by gov't

KT to set up fine dust observation devices certified by gov't

KT will replace its fine dust observation devices at 2,000 spots nationwide with ones certified by the Ministry of Environment to improve monitoring and air quality analysis and offer more reliable information to the public, the company said Wednesday.

Jun Ji-hye | 2019-12-11 17:08

Samsung, LG capitalizing on commercial display market

Samsung, LG capitalizing on commercial display market

Samsung Electronics and LG Electronics are stepping up efforts to capitalize on the lucrative commercial display market in a bid to find a breakthrough in the stagnant global TV market, according to the companies, Wednesday.

Baek Byung-yeul | 2019-12-11 17:03

Gov't shares insights on 5G, science with foreign ambassadors in Seoul

Gov't shares insights on 5G, science with foreign ambassadors in Seoul

The Ministry of Science and ICT shared insights on fifth-generation (5G) networks and other information and communications technologies (ICT) as well as science policies with foreign ambassadors and diplomats based in Korea, Tuesday.

Jun Ji-hye | 2019-12-10 17:32

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