SKT, KT, LG Uplus Strengthens 5G Expansion with VR
South Korea’s three mobile carrier leaders are raising the bar and heating the competition in the virtual reality (VR) sector...
Kakao Revenue Up by 28 Percent, OP by 183 Percent
Kakao, operator of South Korea’s leading mobile messaging app Kakao Talk, in a regulatory filing to the Korean Exchange (KRX)...
Spoon Radio Achieves 15 Million Downloads, Targets $100 Million Income
Neil Choi, CEO of Spoon Radio Inc. (Mykoon), stated during an interview that the Korean startup raised $41 million (49.5...
Samsung 2020 Unpacked Event Reveals the New Galaxy Z Flip
This year’s Samsung Unpacked Event has fans around the world excited over their new products. At least once a year,...
Bong Joon Ho Wins Four Oscars for Thriller “Parasite”
Bong Joon Ho created history as the first Korean director to receive four Oscars awards simultaneously with his thriller hit...
Naver Q4 Profit Rise, Line Excluded from Merger Reports
Naver, South Korea’s largest internet portal and creator of the messaging app Line, reported an all-time high sales and revenue...
Coway Changes Name After Netmarble’s Aquisition
Household rental service company Woongjin Coway changed its name to Coway after it was acquired by Netmarble, South Korea’s largest...
S. Korea’s SoCar Secures 51 Bn Won Amid Legal Setbacks
SoCar announced on Wednesday that the company secured a total of 51 billion won ($43.1 million) since December from several...
LG Cancels Exhibition Booth for the MWC 2020 amid Virus Scares
LG Electronics announced on Wednesday that the tech company canceled its promotion booth at the upcoming Mobile World Congress 2020....
Hyundai, Kia to Suspend Production Factories amid Parts Shortage from China
Hyundai Motor Co. and its sister company Kia Motors Corp. announced on Tuesday that they would suspend parts of their...
Hyundai to Sell 1,000 Sonata Sedan Taxis to Saudi Arabia Airport
Hyundai Motor, South Korea’s largest car manufacturer, said on Monday that it would supply 1,000 Hyundai Sonata units to the...
Korea to Partner with IT Giants to Run Startup Accelerator Program
The Ministry of SMEs and Startups (MSS) said on Tuesday that the Korean government plans to launch a state-run startup...
LA-Based AmazeVR Opens VR Entertainment Hub in Incheon
AmazeVR made an announced last week that the company raised an additional $2.5 million (2.95 billion won), expanding it’s funding...
Samsung Reshuffles, Creates Next-Gen Tech Platform
In Samsung Electronics Co.s' latest reshuffle, the company appointed a new chief for its home appliance business sector and formed...
Netmarble’s A3: Still Alive Set to Release in March
Netmarble’s CEO, Kwon Young-sig announced on Wednesday during a press event that A3: Still Alive, the company’s latest endeavor in...
KCC Fines YouTube with 867 Million for Violating Korea’s Telecom Law
The Korea Communications Commission (KCC) on Wednesday imposed a fine of 867 million won ($745,172) on Google for violating Korea's...
Naver D2SF Invests into 4 Digital Healthcare Startups
Naver, through its Naver D2 startup factory (D2SF), during a media press conference, announced that the accelerator company invested in...
KCC Gives Conditional Approval for SK Broadband, T-broad merger
The Korea Communications Commission (KCC), on Monday, announced after its meeting that it issued a conditional approval to SK Broadband’s...
Samsung Biologics Prepares for Budding Alzheimer’s Treatment Deals
CEO of Samsung Biologics Kim Tae-han said on Wednesday that he expects the company to take on contract deals for...
Star Empire to Develop LODI Platform That Nurtures K-Pop Talent
Star Empire Entertainment, a South Korean record, and label company said that it would focus on the development of the...
