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Google to Strengthen Monitoring of Fake News and Illegal Content on YouTube

Google to Strengthen Monitoring of Fake News and Illegal Content on YouTube

SEOUL, July 10 (Korea Bizwire) — Google’s video-sharing platform YouTube will cooperate with South Korea to closely monitor and prevent the spread of fake news and illegal content, South Korea’s telecommunications regulator said Friday, citing a Google executive. Google’s Senior Vice President Neal Mohan made the comments during a videoconference with Han Sang-hyuk, chairman of [...]

Xiaomi’s 5G Phone to be Launched in S. Korea Next Week

Xiaomi’s 5G Phone to be Launched in S. Korea Next Week

SEOUL, July 10 (Korea Bizwire) — China’s Xiaomi Corp. will sell its 5G smartphone in South Korea through major mobile carriers, industry insiders said Friday, as it eyes gaining a presence here against homegrown brands. Xiaomi’s Mi 10 Lite 5G smartphone will be launched online next Friday after a four-day preorder period, sources said. It [...]

Mobile Stations to Expand Earthquake-monitoring Network in S. Korea

Mobile Stations to Expand Earthquake-monitoring Network in S. Korea

SEOUL, July 9 (Korea Bizwire) — Leading mobile carrier SK Telecom Co. said Thursday it will install earthquake sensors at its mobile network base stations across the country, a move that can help expand readiness against natural disasters. Earthquakes have become a matter of public concern in South Korea in recent years with 88 earthquakes [...]

Samsung Q2 Earnings Beat Estimate on Chip Biz, One-time Gains

Samsung Q2 Earnings Beat Estimate on Chip Biz, One-time Gains

SEOUL, July 7 (Korea Bizwire) – Samsung Electronics Co. on Tuesday expected a stronger than expected second-quarter performance as solid demand for server chips appeared to offset a slump in smartphone sales amid the novel coronavirus pandemic, while one-time gains in the display business also helped push up its bottom line. In its earnings guidance, [...]

Kakao Pay Moves to Rapidly Compensate Victims of Identity Theft

Kakao Pay Moves to Rapidly Compensate Victims of Identity Theft

SEOUL, July 6 (Korea Bizwire) – Kakao Pay, a mobile payment platform operated by South Korean IT behemoth Kakao Corp., will be introducing a more customer-friendly policy in the event of identity theft, which is on the rise as consumer payment patterns shift online. According to sources knowledgeable with the company, Kakao Pay will offer [...]

Telcos Going Increasingly ‘Contactless’ amid Pandemic

Telcos Going Increasingly ‘Contactless’ amid Pandemic

SEOUL, July 4 (Korea Bizwire) — South Korean mobile carriers are joining others to go “contactless” in their business by reducing face-to-face services for customers amid the coronavirus pandemic, industry insiders said Friday. With the COVID-19 outbreak spurring a stay-at-home trend, telecom operators are eager to serve their customers remotely. KT Corp., the country’s No. [...]

Telcos Offer Smart Factory Solutions amid Pandemic

Telcos Offer Smart Factory Solutions amid Pandemic

SEOUL, July 3 (Korea Bizwire) — South Korea’s major telecom companies are introducing new smart factory solutions to help manufacturers overcome the pandemic-caused economic slump with more efficient production systems. SK Telecom Co., the country’s largest mobile carrier, on Friday released a subscription-based smart factory solution for small- and medium-sized manufacturers that optimizes their equipment [...]