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Biz & Tech

Tue, June 15, 2021 | 19:23

LG Electronics unveils mobile app for pedestrian safety

LG Electronics on Thursday unveiled a mobile application for pedestrian safety as the South Korean tech giant eyes to beef up its presence in the software sector despite its planned departure from the smartphone business.

2021-06-10 10:54

SK Telecom to conduct spinoff in November, split its stock 5 to 1

SK Telecom, South Korea's top wireless carrier, approved Thursday its plan to spin off a new investment company to expand its foothold in new tech sectors as well as a five-to-one stock split aimed at improving shareholder value.

2021-06-10 10:31

KT partners with Amazon to collaborate in digital platform, media biz

KT has joined hands with global IT giant Amazon Web Services (AWS) to expand its digital platform and media business. The two firms signed a strategic cooperation agreement for the media sector, KT said, Tuesday.

Kim Hyun-bin | 2021-06-09 16:18

Samsung begins output of 5G RF chips

Samsung Electronics has started mass-producing radio frequency (RF) chips for use in 5G-capable telecommunications devices at its foundry chip lines in Hwaseong, Gyeonggi Province, it said in a statement, Wednesday.

Kim Yoo-chul | 2021-06-09 15:45

LG Display envisions future with premium display

LG Display's exhibition hall at Magok LG Science Park in western Seoul offers visitors a glimpse of what's possible in near future, where premium display panels are incorporated in most spheres of life, including in the bedroom, at restaurants and on the subway. Various types of organic light-emitting diode (OLED) panels made by LG, which include transparent to bendable ones,...

Kim Bo-eun | 2021-06-09 15:04

[Reporter's Notebook] What is LG Uplus' future growth engine?

Korea's major telecom firms are scrambling to find their next growth engines as they seek to reduce their reliance on their traditional business amid market saturation. But LG Uplus has remained quiet compared to its competitors SK Telecom (SKT) and KT, which have unveiled ambitious investments and plans for new businesses in recent years.

Kim Bo-eun | 2021-06-09 09:19

SK hynix denies rumor over defective products

SK hynix, Korea's No. 2 chipmaker, on Tuesday denied a rumor that it is facing damage worth 2 trillion won ($1.7 billion) over defective DRAMs, saying that it has requested a police probe into such a cyber libel. The rumor over SK hynix's possible loss has been circulating here from Monday night, claiming that the company is dealing with DRAM defects amounting to 240,000 wafe...

2021-06-08 21:15

Naver, Kakao urged to reform work culture

Korea's major IT conglomerates are in the hot seat after being embroiled in a series of scandals surrounding their work environments and governance issues. Top-tier online platform operators Naver, Kakao and Nexon have been among the most sought-after workplaces among young jobseekers.

Kim Hyun-bin | 2021-06-08 16:13

LG CNS offers AI-powered language programs to Seoul students

LG CNS is set to offer artificial intelligence (AI) powered language learning programs to students in Seoul in partnership with the Seoul Metropolitan Office of Education (SMOE). Under the partnership, about 800,000 elementary, middle and high school students will be able to study English with the programs both in regular classes and through extracurricular activities.

Kim Bo-eun | 2021-06-08 16:04

Samsung looking to expand 7th generation V-NAND solutions: senior executive

Samsung Electronics aims to expand the use of its seventh generation V-NAND chip solutions, a senior executive said Tuesday, as the South Korean tech giant eyes to bolster its technology prowess in the memory sector.

2021-06-08 14:17

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