The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, July 25 (Korea Bizwire) – The head of Kakao Mobility Corp., South Korea’s leading ride-hailing company, said Monday he has asked the firm’s largest shareholder, Kakao Corp., to postpone its plan to sell part of its shares to a private equity fund amid strong protest from Kakao Mobility’s labor union, sources said. According to [...]
SEOUL, July 25 (Korea Bizwire) — Samsung Electronics Co. on Monday marked the first shipment of 3-nanometer semiconductors at a ceremony, a key milestone in the race to build the most advanced and efficient chips to date. The next-generation 3nm chips are built on Gate-All-Around (GAA) technology, which Samsung said will eventually allow an area [...]
SEOUL, July 22 (Korea Bizwire) — The Personal Information Protection Commission is looking into whether the upcoming privacy policy update by Meta, the operator of Facebook, runs afoul of domestic law and will take action if any irregularities are found, officials said Friday. Meta has since late May sent out notifications to South Korean users [...]
SEOUL, July 22 (Korea Bizwire) — Samsung Electronics Co. floated an idea of investing nearly US$200 billion to build 11 more chip plants in the United States over the next two decades, documents filed with the state of Texas showed Friday. The proposed investment is described in South Korean tech giant’s applications filed with the [...]
SEOUL, July 21 (Korea Bizwire) — Hanwha Aerospace Co., a South Korean aircraft engine maker, said Thursday it will jointly develop a key piece of equipment for British manufacturer Vertical Aerospace’s electrical vertical take-off and landing (eVTOL) aircraft. Under the partnership signed at the Farnborough Airshow, Hanwha and Vertical will develop an electromechanical actuator for [...]
SEOUL, July 21 (Korea Bizwire) – South Korea will offer more tax incentives and financial support to chipmakers and nurture 150,000 experts in the field in an effort to encourage the firms to push ahead with their investment plans without a hitch, the industry ministry said Thursday. Major tech companies, including Samsung Electronics Co. and [...]
SEOUL, July 21 (Korea Bizwire) — The Ministry of Science and ICT said Wednesday it had launched the first stage of commercialization of 5G roaming service in some farming and fishing villages. The first stage of commercialization was launched in 149 eups (towns) and myeons (townships) in 22 cities and counties based on comprehensive consideration [...]
SEOUL, July 20 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it will unveil its latest foldable smartphone series next month, as the tech giant aims to achieve a breakthrough in the stalled smartphone business. The next-generation foldable smartphones, Galaxy Z Flip 4 and Galaxy Z Fold 4, are expected to be showcased during the [...]
SEOUL, July 19 (Korea Bizwire) — South Korea plans to nurture about 150,000 semiconductor talents over the next 10 years to help keep up its competitive edge in chipmaking and tackle manpower shortages facing domestic chipmakers, Education Minister Park Soon-ae said Tuesday. The plan came as the government is making a renewed push to support [...]
SEOUL, July 19 (Korea Bizwire) — SK hynix Inc. suspended a factory expansion plan as global economic uncertainty is growing with red-hot inflation squeezing consumers’ buying power for electronic devices, sources said Tuesday. The world’s second-largest memory chip maker decided to hold off a capacity addition plan at its Cheongju campus during a board meeting [...]