The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Jan. 11 (Korea Bizwire) – SK hynix Inc., a major South Korean chipmaker, said Wednesday it has raised US$1 billion by selling a so-called sustainability-linked bond (SLB). An SLB is a type of bond for which the interest rates can vary depending on whether the issuer achieves predefined environmental, social, and governance management objectives. [...]
SEOUL, Jan. 11 (Korea Bizwire) – LG Uplus Corp., South Korea’s third-largest wireless carrier, said Tuesday the personal information of 180,000 customers has been leaked. “We have acknowledged that personal data of some customers have been leaked,” LG Uplus said in a message posted on its website. “We apologize for causing concern to our customers.” [...]
SEOUL, Jan. 11 (Korea Bizwire) — The third launch of Nuri, the country’s first homegrown space rocket, will be held in early May, following last year’s successful second test-firing, the state space institute said Tuesday. “A launch management team will be formed in late March, and Nuri will be fired in early May as planned,” [...]
SEOUL, Jan. 11 (Korea Bizwire) — South Korean university students turned out to perceive Apple Inc. as having a “trend-setting” image and Samsung Electronics Co. as having a “friendly” image, a survey showed Tuesday. University student community operator Vinu Labs Inc. conducted a survey of 2,000 students in their 20s who said they had more than [...]
SEOUL, Jan. 11 (Korea Bizwire) — LG Electronics Inc. swept the top spots in all major categories of best washing machines evaluated by a U.S. consumer advocacy magazine once again this year after last year’s success. Consumer Reports chose the South Korean home appliances giant’s products as the best washer of the year in three [...]
SEOUL, Jan. 11 (Korea Bizwire) — The Gwangju Institute of Science and Technology said Tuesday it has developed a new technology that can extend the driving distance of electric vehicles by enabling the realization of a high-performance lithium metal battery with higher energy storage capacity. The research team developed a new lithium battery with a [...]
SEOUL, Jan. 10 (Korea Bizwire) — South Korean instant noodle maker Nongshim Co. is exploring ways to attract young consumers who are reducing their consumption of instant noodles, or “ramyeon” in Korean. The company opened a Shin Ramyun cafeteria popup store in the hip district of Seongsudong in eastern Seoul on Monday. It brought the [...]
SEOUL, Jan. 9 (Korea Bizwire) — U.S. chipmaker Broadcom Inc. offered 20 billion won (US$15.8 million) worth of programs to address concerns about its alleged violation of competition law, South Korea’s antitrust regulator said Monday. The Fair Trade Commission (FTC) has been looking into allegations that Broadcom violated local laws by pressing Samsung Electronics Co. [...]
LAS VEGAS, Jan. 7 (Korea Bizwire) — Samsung Electronics Co.’s chief executive has said macroeconomic challenges will persist throughout this year, amid sluggish demand, rising materials and logistics costs. “Samsung was dealt a heavy blow with deteriorating external factors, like weaker demand and rising costs,” Han Jong-hee, vice chair and co-CEO at Samsung, said at a [...]
LAS VEGAS, Jan. 7 (Korea Bizwire) — Samsung Electronics Co.’s chief executive officer has said the company was still pursuing a merger deal, even though its efforts have hit a snag. The tech company’s deal-making activities were only “delayed due to various external factors,” Han Jong-hee, vice chair and co-CEO at Samsung, said at a press [...]