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Fri, May 25, 2018 | 02:26

Biz & Tech > IT >

SK Telecom unveils blockchain blueprint

SK Telecom will launch a new asset management platform powered by blockchain technology in a bid to increase customer convenience. Oh Se-hyeon, executive vice president at SK Telecom's blockchain business unit, said Tuesday the mobile carrier will look into a new kind of transaction platform with blockchain technology. She added the payments system will be its own platform.

IT | 2018-04-24 20:57

SK hynix sees operating profit jump 77% in first quarter

SK hynix posted a 77 percent increase in first-quarter operating profit compared with a year earlier, the memory chip maker said Tuesday. Increasing demand for memory chips led to 8.72 trillion won ($8.11 billion) in revenue, 4.37 trillion won in operating profit and 3.12 trillion won in net income, the company said.

IT | 2018-04-24 20:54

KT, SK Telecom to showcase 5G tech at inter-Korean summit

KT and SK Telecom are set to use the upcoming inter-Korea summit, scheduled for Friday, as a marketing venue to showcase their fifth-generation (5G) network technologies.

IT | 2018-04-24 17:10

'AI tech enables game firms to offer tailored services'

Artificial intelligence (AI) and big data technologies are the optimal means for game developers to offer the most tailored services to suit a user's taste, an executive of one of the country's longtime online game giants said, Tuesday.

IT | 2018-04-24 17:07

Samsung ranks behind Xiaomi in Indian smartphone market for Q1

Samsung Electronics Co. saw its share in the Indian smartphone market fall below China's Xiaomi Inc. for the second consecutive quarter in the January-March period, industry data showed Tuesday. According to the data compiled by industry tracker Canalys, Xiaomi accounted for 31 percent of the Indian smartphone market in the first quarter, followed by Samsung with 25 percent.

IT | 2018-04-24 15:11

Pay TV losing subscribers to video streaming

Korea's pay TV channels are losing their subscribers, especially among the younger generation and one-person households, while a growing number of users are opting for video streaming services. According to recent research by the state-run Korea Information Society Development Institute, on March 31, the service termination rate of the pay TV channels reached 6.86 percent las...

IT | 2018-04-23 20:39

KT named as official telecom provider for Korea summit

KT was chosen as the official telecom service provider for an upcoming summit between the two Koreas.

IT | 2018-04-23 17:02

Samsung, LG to benefit from Europe's reconstruction boom

ROME - Ongoing construction boom in Europe will be great chance for companies such as Samsung Electronics and LG Electronics to successfully enter the European built-in appliances market, according to IFA Executive Director, Jens Heithecker.

IT | 2018-04-22 17:01

'Korea can lead AI, VR technologies'

ROME - Korea can be at the forefront of new technologies involving artificial intelligence (AI), virtual reality (VR) and augmented reality (AR), said a market insight expert from market research firm GFK.

IT | 2018-04-22 17:00

Startup CEO resigns over 'gapjil' controversy

The CEO of Sellev, an online media company that has garnered more than 1.1 million followers on Facebook with people's success stories, has made headlines this week with his epic failure.

IT | 2018-04-22 16:56

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Hawaii's Kilauea volcano goes 'ballistic'