The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Nov. 9 (Korea Bizwire) – South Korea’s three mobile carriers said Wednesday that they will launch their own ID verification service enabling users to conveniently confirm their identities through smartphones without a plastic card. The country’s three mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — said the resident registration mobile verification [...]
SEOUL, Nov. 8 (Korea Bizwire) — KT Corp., South Korea’s No. 2 wireless carrier, said Tuesday its third-quarter net profit fell 3.4 percent from a year earlier due to an increase in operating expenses. KT’s net income amounted to 326.2 billion won (US$235.5 million) on a consolidated basis in the July-September period, compared with 337.7 [...]
SEOUL, Nov. 8 (Korea Bizwire) — LG Display Co. said Tuesday it has developed 12-inch high-resolution stretchable displays, a technological breakthrough that can significantly expand the application scope of electronic devices. The major display maker said its 12-inch elastic display, equipped with micro-LED lights, can be expanded by up to 20 percent in size while [...]
SEOUL, Nov. 7 (Korea Bizwire) — South Korea’s unmanned space vehicle Danuri has sent texts and images from space to Earth, successfully completing its long distance data transmission tests, the science ministry said Monday. Danuri, also known as the Korea Pathfinder Lunar Orbiter, underwent data transmission tests on Aug. 25 and Oct. 28 from 1.21 [...]
SEOUL, Nov. 7 (Korea Bizwire) — South Korean internet portal giant Naver Corp. said Monday its third quarter sales topped 2 trillion won (US$708.7 billion) for the first time in two years on robust growth in its content business. The company said in a regulatory filing that its sales reached 2.05 trillion won for the [...]
SEOUL, Nov. 4 (Korea Bizwire) — H2O Hospitality, a tech-based hospitality management startup, said Friday it has signed a deal with a local luxury alpine resort to offer a digital transformation operation service. Under the deal with Pyeongchang Alpensia Resort, H2O Hospitality will handle integrated management of reservation information from both online and offline sales [...]
SEOUL, Nov. 4 (Korea Bizwire) — LG Uplus Corp. on Friday reported its third-quarter net profit of 170.8 billion won (US$119.6 million), down 19.1 percent from a year earlier, due to increased interest costs. Operating income for the July-September period was 285.1 billion won, up 3 percent from a year ago, the company said in [...]
SEOUL, Nov. 4 (Korea Bizwire) — LG Electronics Inc. said Thursday it is distributing common-use braille stickers to customers for free as a way to enhance home appliance accessibility. Starting last year, the company has developed and distributed dedicated braille stickers for about 20 products for free. This time, it developed a common braille sticker [...]
SEOUL, Nov. 4 (Korea Bizwire) — Automotive electronics is emerging as a source of optimism for Samsung Electronics Co. and LG Electronics Inc. amid sluggish semiconductor and TV sales. Samsung’s subsidiary Harman International, a major maker of in-car entertainment systems and car audio equipment, posted sales of 3.63 trillion won and operating profits of 310 [...]
SEOUL, Nov. 3 (Korea Bizwire) — Kakao Corp. on Thursday reported a third-quarter net income of 137.2 billion won (US$96.8 million), down 84.2 percent from a year earlier due to a base effect. The company said in a regulatory filing that it posted 150.3 billion won in operating profit for the quarter, compared with 168.2 [...]