Samsung Successfully Demonstrated Lightning-Fast 5G with 8.5Gbps
Samsung Electronics, on Thursday, announced it achieved the industry's fastest 5G speeds after a demonstration in a lab. The company...
LegoChem Biosciences Signs 496.3 Bln Won Licensing Deal with UK Iksuda
LegoChem Biosciences Inc. announced it signed a 496.3 billion won ($405 million) worth agreement on licensing out its antibody-drug conjugate...
Netflix Files Civil Lawsuit Against SK Broadband Over Network Fees
Video streaming service provider Netflix filed a civil lawsuit against South Korean internet network operator SK Broadband. Netflix Services Korea...
SKT’s Wavve, NBC Universal Partner to Export Korean Content Worldwide
The online video service company, Content Wavve, announced that it signed a partnership with Comcast subsidiary NBC Universal (NBCU) to...
Hyundai Heavy Develops Hyundai Intelligent Navigation Assistant System
Hyundai Heavy Industries (HHI) announced that it successfully applied its smart ship management system. Using artificial intelligence, big data, and...
Samsung Biologics Inks Deal to Mass-Produce COVID-19 Treatment
Samsung Biologics announced on Thursday that it signed with Vir Biotechnology Inc. a manufacturing agreement worth approximately $362 million (438...
KRICT Develops Safety Sticker that Indicates Spoiled Food
The Korea Research Institute of Chemical Technology (KRICT) developed a cold-chain safety sticker that indicates if food products such as...
Baedal Minjok New Ads Fee System Anger Restaurant Owners
Baedal Minjok (Baemin) took flak after introducing a new commission system that restaurant owners argue would put a higher cost...
Coronavirus: Economic Impact on South Koreaā€™s Tech Industry
As the new coronavirus shakes the business and consumers industries on a massive scale, some market analysts warn of a...
MagnaChip Sells Foundry, Fab 4 to SK Hynix, SPC for 530 Bln Won
South Korean chipmaker MagnaChip Semiconductor announced that it signed an agreement to sell its foundry business division and Fab 4...
Genesis Launches All-New Upgraded Third-Gen G80 Sedan
Hyundai Motor Group announced on Monday the return of its third-generation Genesis G80 sedan with more upgrades throughout the vehicle....
Hyundai, Samsung, LG Suspend More Plants Abroad Due to COVID-19
As more countries deteriorate due to the rapid and widening spread of the COVID-19, South Korean companies are suspending more...
Research Consortium to Test COVID-19 DNA Vaccines on Primates
The South Korean government commissioned a research consortium intended at testing the first of a vaccine candidate on primates. The...
Coupang Becomes Industry First to Install Around View Camera in Delivery Vehicles
Coupang on Wednesday introduced the industry's first Automotive Around View Monitoring system in all its delivery vehicles, enhancing Coupang men's...
Samsung SDS Secures Defense Mobile Security Solutions Order in Italy
Samsung SDS Co. announced on Tuesday that it recently secured a defense and mobile security business in Italy. The I.T....
Hyundai Mobis Creates Rear Occupant Alert System for Passenger Safety
Hyundai Mobis reported on Sunday that it successfully developed an in-cabin safety alert system for detecting rear-seat passengers. The system...
SK Telecom’s NUGU MindView Ensure Mind Health Amid Social Distancing
SK Telecom would provide free meditation service called "NUGU MindView" through its artificial intelligence speaker NUGU to people participating in...
Chung Euisun Elected as New Hyundai Motor Board Chairman
Hyundai Motor Group Executive Vice Chairman Chung Euisun succeeds his father, Hyundai Motor Group Chairman Chung Mong-koo, as the new...
Naver to Takedown Abusive Comments and Users
Naver announced on Wednesday that the company would display the user names and histories to prevent malicious comments on news...
KAIST Researchers Develop Highly Reusable Mask Filter
A team of South Korean scientists from the Korea Advanced Institute of Science and Technology (KAIST) announced Monday that the...
