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Consortium Launches Blockchain-based Digital ID in S. Korea

Consortium Launches Blockchain-based Digital ID in S. Korea

SEOUL, Jul. 14 (Korea Bizwire) — A group of major tech companies and financial institutions have joined hands to launch a blockchain-based digital identity platform available on smartphones to provide a trustworthy and secure solution, they said Sunday. Samsung Electronics Co., three mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — [...]

Samsung Electronics’ Q2 Earnings More than Halve on Weak Memory Chips

Samsung Electronics’ Q2 Earnings More than Halve on Weak Memory Chips

SEOUL, Jul. 5 (Korea Bizwire) — Samsung Electronics Co. said Friday its operating earnings more than halved in the second quarter from a year earlier amid the weak memory chip and handset market. The operating profit was estimated at 6.5 trillion won (US$5.6 billion) in the April-June period, a 56.3 percent drop from a year [...]

All City Buses in Gwangju Get Public Wifi Ahead of FINA World Championships

All City Buses in Gwangju Get Public Wifi Ahead of FINA World Championships

SEOUL, Jul. 4 (Korea Bizwire) — All city buses in Gwangju, host of this year’s FINA World Championships, will have public Wifi onboard as South Korea moves to bolster its internet connectivity infrastructure, the government said Thursday. Starting Friday, all of Gwangju’s 1,044 buses will have Wifi as the city, 330 kilometers south of Seoul, [...]

Galaxy S10 Sales 12 pct Higher than Predecessor

Galaxy S10 Sales 12 pct Higher than Predecessor

SEOUL, Jul. 2 (Korea Bizwire) — The first quarter sales of Samsung Electronics Co.’s Galaxy S10 series smartphones were 12 percent higher than sales of the previous model, industry data showed Tuesday. According to industry tracker Counterpoint Research, 16 million units of the Galaxy S10 were sold between March and May, which was more than [...]

SK Telecom Snatches Back Top Spot from KT in 5G Subscribers

SK Telecom Snatches Back Top Spot from KT in 5G Subscribers

SEOUL, Jul. 2 (Korea Bizwire) – SK Telecom Co. rapidly increased the number of its 5G subscribers in May with aggressive marketing for new smartphones, regaining a leading market position in the next-generation mobile network, government data showed Tuesday. SK Telecom’s 5G users numbered 319,976 as of the end of May, gaining 5.7 percentage points [...]