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Biz & Tech

IT

Thu, September 24, 2020 | 21:34

[Reporter's Notebook] KT gives Netflix pass to freeload off network

[Reporter's Notebook] KT gives Netflix pass to freeload off network

KT's partnership with Netflix is expected to create good profits for the telecom company, but is it the right move for the industry? This is a question that needs to be asked as the partnership cannot be seen as a step forward for the future of the local internet protocol TV (IPTV) and over-the-top sector (OTT).

Kim Hyun-bin | 2020-08-21 13:41

Is LG Electronics becoming stronger amid pandemic?

Is LG Electronics becoming stronger amid pandemic?

LG Electronics is expected to get stronger despite the pandemic-driven economic slump as industry analysts see the company has found a chance to expand the sales volume of its home appliances that have enhanced healthcare features.

Baek Byung-yeul | 2020-08-20 17:00

Under new leadership, KT promoting digital finance

Under new leadership, KT promoting digital finance

It really doesn't matter how good a company's strategy is. If that firm isn't skilled at what it does, its business strategy will not take it very far. KT CEO Koo Hyun-mo believes digital finance is its next focus in terms of boosting investor confidence.

Kim Yoo-chul | 2020-08-19 17:24

Chip guru casts doubt on Nvidia buying Arm

Chip guru casts doubt on Nvidia buying Arm

U.S. graphic chip giant Nvidia is reportedly closing in on a deal to acquire British chip-design company Arm, but a prominent semiconductor industry analyst says Nvidia is unlikely to create synergy effects from a buyout.

Baek Byung-yeul | 2020-08-19 17:13

2nd wave hits retailers, burdening exporters

2nd wave hits retailers, burdening exporters

Fear of a second wave of COVID-19 is spreading fast in the country. Over 1,300 COVID-19 infections have surfaced in the last six days, and industry is scrambling to take preventive measures against further infections by strengthening quarantine measures within their respective corporations.

Kim Hyun-bin | 2020-08-19 17:07

Will second wave of pandemic shock hit KOSPI?

Tech giants take on pandemic with 'mutated' strategies

Tech giants take on pandemic with 'mutated' strategies

The world's top three smartphone makers - Samsung Electronics, Apple and Huawei Technologies - have been pursuing different strategies to deal with the COVID-19 pandemic. According to market tracker Canalys, the global smartphone market in terms of overall size plummeted to 285 million devices in the second quarter, down 14 percent compared to the same period in 2019.

Baek Byung-yeul | 2020-08-18 17:08

IT firms return to remote working amid 'second wave' coronavirus fears

IT firms return to remote working amid 'second wave' coronavirus fears

IT firms return to remote working amid 'second wave' coronavirus fears

An increasing number of South Korean tech companies began to allow their employees to work from home again as a precautionary measure amid the resurgence of novel coronavirus infections, industry officials said Tuesday. On Sunday, the government raised social distancing in Seoul and its neighboring areas by one notch to Level 2 in the three-tier system for two weeks. On Tuesd...

2020-08-18 10:43

Tech giants take on pandemic with 'mutated' strategies

US to tighten restrictions on Huawei access to technology, chips

US to tighten restrictions on Huawei access to technology, chips

WASHINGTON (Reuters) _ The Trump administration is set to announce on Monday it will further tighten restrictions on Huawei, aimed at cracking down on its access to commercially available chips, officials briefed on the matter said.

2020-08-17 21:45

KT's partnership with Netflix raises criticism

KT's partnership with Netflix raises criticism

KT has received criticism from local media content creators for its decision to partner with Netflix as they claim the telecom company's move to join forces with the U.S. streaming giant will hurt the local media industry and consequently drag down industrial competitiveness.

Baek Byung-yeul | 2020-08-17 17:14

Are Samsung, SK, Hyundai preparing for M&As?

Are Samsung, SK, Hyundai preparing for M&As?

Attention is growing on whether Korea's top conglomerates - Samsung, SK, Hyundai Motor and LG - will invest their accumulated cash and cash-equivalent assets in the second half of this year.

Baek Byung-yeul | 2020-08-17 17:13

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