The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Aug. 18 (Korea Bizwire) — The head of SK hynix Inc., South Korea’s No. 2 chipmaker, said Monday that SK Group’s bold investments and vision have enabled the company to take a leading role in the high bandwidth memory (HBM) market. Kwak Noh-jung, the chief executive officer of SK hynix, made the remarks during [...]
SEOUL, Aug. 18 (Korea Bizwire) — LG Electronics has introduced a new eco-conscious manufacturing process for its commercial system air conditioners, significantly cutting carbon emissions and reducing plastic use as part of its broader sustainability push. According to the company’s announcement on Sunday, LG’s latest four-way cassette system air conditioner received official carbon reduction verification from [...]
SEOUL, Aug. 17 (Korea Bizwire) — Samsung Electronics and LG Electronics saw a continued decline in the average selling prices (ASPs) of their televisions during the first half of 2025, as global demand stagnated and competition from Chinese manufacturers intensified. The pricing shifts reflect a strategic push by the two South Korean tech giants to [...]
SEOUL, Aug. 17 (Korea Bizwire) — Samsung Electronics reported a decline in first-half revenue from China, citing mounting U.S. sanctions, weakening demand, and intensifying local competition, while sales in the United States grew, buoyed by robust demand from Big Tech firms investing in AI infrastructure. According to the company’s semiannual report released Sunday, Samsung’s exports to [...]
SEOUL, Aug. 15 (Korea Bizwire) — LG Electronics is ramping up its post-purchase care strategy by introducing a series of dedicated home appliance accessories aimed at enhancing functionality and user convenience, signaling a shift toward long-term customer satisfaction and brand loyalty. According to industry sources on August 15, the tech giant recently launched a bedding hanger [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Korea’s leading game studios lavished record pay packages on star developers in the first half of 2025, with several earning more than their own chief executives and even controlling shareholders. According to semiannual filings released August 14, Krafton’s PUBG: Battlegrounds executive producer Jang Tae-seok topped the list, taking [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Korea will develop its own next-generation Advanced Air Vehicle (AAV) capable of low-noise, eco-friendly, vertical and short takeoff and landing, aiming for a maiden flight in 2030 and mission demonstrations in 2031, the national space and aerospace agency said Thursday. The Korea Aerospace Administration unveiled the plan during [...]
SEOUL, Aug. 14 (Korea Bizwire) — A steep expansion of SK Telecom’s membership discounts — part of its compensation plan following a major hacking incident — has triggered a price war among South Korea’s mobile carriers, shifting competition from subsidies for new sign-ups to perks aimed at retaining existing customers. Since August 11, SK Telecom [...]
SEOUL, Aug. 14 (Korea Bizwire) – South Korean tech giant LG Electronics Inc. said Thursday its Indian arm posted record first-half earnings this year, reflecting the firm’s commitment to expanding its presence in emerging markets. The company’s business report showed the Indian subsidiary recorded sales of 2.2 trillion won (US$1.65 billion) in the January-June period, [...]
SEOUL, Aug. 14 (Korea Bizwire) — Motorola Korea has introduced the Moto g56 5G, a rugged smartphone designed to withstand extreme conditions, available exclusively through KT stores and its online shop starting August 14. The device is priced at 330,000 won ($250). The Moto g56 5G is certified to the U.S. Department of Defense’s MIL-STD-810H [...]