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Sat, July 2, 2022 | 08:54

Korea hopes for successful launch of Nuri space rocket

Korea is set to attempt a second launch of the homegrown Nuri space rocket on June 15 after its first launch failed in October 2021. A committee at the Ministry of Science and ICT, which manages the launch of the Nuri rocket or Korean Space Launch Vehicle (KSLV-II), held a meeting on May 25. Since then, the committee has been reviewing technical preparations, weather conditio...

Baek Byung-yeul | 2022-06-05 08:49

Google faces police investigation for in-app billing system

A group of consumers in Korea reported Google's top executives to the local police, Friday, for the company's in-app billing system that forces domestic app developers to pay hefty commissions. Citizens United for Consumer Sovereignty (CUCS) said it reported Google CEO Sundar Pichai, Google Korea CEO Nancy Mable Walker and Google Asia-Pacific President Scott Beaumont to the G...

Park Jae-hyuk | 2022-06-03 15:48

Google's new in-app billing policy prompts price hikes of various content services

Korean companies have raised charges for paid content services on Google as the U.S. tech giant prepares to remove apps with external payment links circumventing Google's in-app payment system.

2022-05-31 19:51

Samsung, Intel chiefs agree to enhance cooperation in semiconductors

Samsung Electronics Vice Chairman Lee Jae-yong met with Intel CEO Pat Gelsinger, Monday, to discuss ways to cooperate in the semiconductor field. According to Samsung Electronics, Lee met Gelsinger at Samsung Electronics' headquarters in Seoul. The two had dinner together after discussing ways to cooperate in semiconductor supply.

Kim Hyun-bin | 2022-05-30 21:15

Korean NAND flash suppliers account for more than half of global market in Q1: report

Samsung Electronics and SK hynix took up more than half of the global NAND flash memory chip market in the first quarter, a report showed Thursday, up by more than 8 percent from the previous quarter.

2022-05-26 16:32

Toward hydrogen economy

H2Korea Chairman Moon Jae-do, front row sixth from left, and Second Vice Industry Minister Park Il-jun, front row seventh from left, pose with representatives of hydrogen associations from 17 countries during the Global Hydrogen Industrial Association Alliance Forum at Four Seasons Hotel Seoul, Wednesday. Korea was chosen as the first chair country of the international allian...

Park Jae-hyuk | 2022-05-25 16:23

Korea-led int'l association on hydrogen industry kicks off

Korea, the United States and 16 other countries launched an association Wednesday meant to boost cooperation in the development of the hydrogen industry, Seoul's industry ministry said.

2022-05-25 11:38

Biden becomes first US president to visit Samsung chip plant

U.S. President Joe Biden let the world know that Samsung Electronics is playing a huge role in the global chip industry as he became the first U.S. president to visit the world's No. 1 memory chip maker's plant in Pyeongtaek, south of Seoul, right after he stepped on Korean soil, Friday. The U.S. president arrived at Osan Air Base in Pyeongtaek at 5:23 p.m. to start his three...

Baek Byung-yeul | 2022-05-20 21:51

Netflix to invest $100 million in Korea to set up special visual effects facilities

A subsidiary of Netflix will invest $100 million in Korea over the next six years to build special visual effects facilities. The announcement of the investment coincides with U.S. President Joe Biden's visit to Korea.

Yoon Ja-young2022-05-20 15:08

Samsung, LG expand into appliances with pet care features

Samsung Electronics and LG Electronics are increasingly offering home appliances with pet care features, targeting the growing number of pet owners here, company officials said, Thursday.

Baek Byung-yeul | 2022-05-20 08:58

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