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Wed, August 17, 2022 | 06:59

KT to spend 500 bil. won on original content over next 3 years

KT said Thursday that it plans to invest 500 billion won ($410 million) over the next three years to expand its lineup of intellectual property in media content. As part of an ambitious goal to become the country's leading media group, the company said its media unit KT Studio Genie will first showcase 24 works of original content by next year.

2022-04-07 14:56

Samsung Electronics sees estimate-beating 50.3% jump in Q1

Samsung Electronics said Thursday it was likely to report its best first-quarter earnings in four years on the back of solid semiconductor mobile phone demand. In its earnings guidance, the South Korean tech giant estimated its operating profit at 14.1 trillion won ($11.5 billion) for the first three months of the year, up 50.3 percent from a year ago.

2022-04-07 14:27

ASML CEO in Korea to discuss semiconductor cooperation amid global chip shortage

The top executive of Dutch semiconductor equipment maker ASML is in Korea to discuss semiconductor cooperation in the country where its key clients are based, the company said Tuesday.

2022-04-05 13:28

SK hynix, Solidigm unveil 1st collaborative product

SK hynix and its U.S. subsidiary, Solidigm, launched their first collaborative product, which combines the former's 128-layer NAND flash technology with the latter's solid-state drive (SSD) controller and firmware expertise, the memory chip affiliate of SK Group said Tuesday.

Baek Byung-yeul | 2022-04-05 13:27

Kakao struggles to acquire SM Entertainment amid founder's demands

Kakao has been in a dilemma over its attempt to acquire SM Entertainment, as SM founder and chief producer Lee Soo-man continues to request his involvement in the management of Korea's largest talent agency, even after he sells off his entire 18.27 percent stake, according to industry officials.

Kim Jae-heun | 2022-04-05 00:32

Google irks Korean users again over belated response to Chrome bug

Google faced criticism from Korea's internet users once again for not fixing an error in Chrome promptly, despite their continuous complaints over the past few days.

Park Jae-hyuk | 2022-04-04 15:53

Galaxy S22 plunges in value after GOS controversy

Mobile carriers have sharply raised their subsidies for Samsung Electronics' high-priced Galaxy S22 smartphone to bolster sagging sales amid a controversy over the game optimizing service (GOS) installed on the device, which adjusts the handset's performance when playing games, according to company officials Monday.

Baek Byung-yeul | 2022-04-04 15:35

Huawei CFO Meng Wanzhou named chairwoman in rotating role

Telecoms giant Huawei Technologies has given its finance chief Meng Wanzhou, who returned to China in 2021 after nearly three years detention in Canada, the new rotating position of chairwoman, according to the company's website.

2022-04-02 18:18

Korea's ministry opens DMZ-themed metaverse platform

Korea's unification ministry said Thursday it has launched a metaverse service designed to help people experience the Demilitarized Zone (DMZ), bisecting the peninsula, in online space.

2022-03-31 14:19

Samsung to develop next-generation storage technology with Western Digital

Samsung Electronics joined hands with U.S.-based data storage company Western Digital to develop a next-generation storage technology called zoned storage targeting the data center and enterprise markets that need to process large amount of data, the company said Wednesday.

Baek Byung-yeul | 2022-03-30 16:10

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