The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Dec. 8 (Korea Bizwire) — Shares of South Korea’s two largest memory chipmakers rose sharply on Monday amid mounting expectations for robust fourth-quarter earnings, reflecting renewed investor confidence in the artificial intelligence–driven semiconductor cycle. SK hynix closed 6.07 percent higher at 577,000 won on the Korea Exchange, recovering the 570,000-won level for the first time [...]
SEOUL, Dec. 8 (Korea Bizwire) — All 12 cube satellites deployed by South Korea’s homegrown rocket Nuri last month have established communication with ground stations, their developers said Monday, setting a new milestone following the successful fourth launch of the space rocket. The 200-ton Nuri blasted off from Naro Space Center in the country’s southern [...]
SEOUL, Dec. 8 (Korea Bizwire) — Following the disclosure that personal information belonging to more than 30 million Coupang users had been leaked, South Korea’s leading digital platforms are moving to strengthen cybersecurity, conduct internal audits and guard against potential secondary fraud, industry officials said Sunday. Major players — including Naver, Kakao and financial platform Toss [...]
SEOUL, Dec. 8 (Korea Bizwire) — A series of large-scale personal data breaches at telecommunications companies and at e-commerce giant Coupang has revived concerns that South Korean firms have little incentive to purchase cyber insurance, despite growing systemic cybersecurity risks across the economy. According to a report released Sunday by the Korea Insurance Research Institute, Kwangmin [...]
SEOUL, Dec. 7 (Korea Bizwire) — Samsung Electronics Co. is set to reclaim the top spot in the global market for dynamic random-access memory (DRAM) by revenue in the fourth quarter, overtaking its domestic rival SK hynix Inc., industry sources said Sunday. The South Korean tech giant is projected to post an operating profit of [...]
SEOUL, Dec. 5 (Korea Bizwire) — Samsung Electronics Co. solidified its top position in the global foldable smartphone market in the third quarter, industry data showed Saturday. Samsung accounted for 64 percent of all global shipments of foldable smartphones in the July-September period, up 8 percentage points from a year ago, according to a report [...]
SEOUL, Dec. 5 (Korea Bizwire) — Korean Air Co. and its four affiliated airlines said Friday they will adopt SpaceX’s Starlink satellite internet service on their flights starting next year. Korean Air and four other airlines — full-service carrier Asiana Airlines Inc. and low-cost carriers Jin Air Co., Air Busan Co. and Air Seoul Inc. — [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s two largest chipmakers, Samsung Electronics and SK Hynix, have completed preparations to supply Nvidia with next-generation high-bandwidth memory (HBM4), positioning themselves for what is expected to be a pivotal year in the fast-expanding AI memory market. Samsung recently finished its final performance review — known as PRA — [...]
SEOUL, Dec. 4 (Korea Bizwire) — LG Electronics said Thursday that its summer energy-saving campaign encouraging consumers to set their air conditioners to 26 degrees Celsius yielded significant reductions in electricity consumption and user costs. The “ThinQ 26°C Challenge,” run jointly with the Korea Energy Agency, urged households to adopt what the government considers the optimal [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s Consumer Agency on Thursday advised shoppers to closely check portability, processing speed and other core performance indicators before purchasing a laptop, after releasing comparative test results on five popular models launched this year. According to the agency, LG Electronics’ 16Z90TS model was the lightest among those tested, with [...]