Most Popular
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[Exclusive] Korean military set to ban iPhones over 'security' concerns
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Korean, Romanian leaders discuss defense tech, nuclear energy
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[Graphic News] 77% of young Koreans still financially dependent
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S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
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Yoon’s jailed mother-in-law excluded from latest parole list
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Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
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[Pressure points] Leggings in public: Fashion statement or social faux pas?
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Yoo Jae-suk, Yoo Yeon-seok team up in 'Whenever Possible'
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Korea’s homegrown nanosatellite successfully launches into space
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Aging population to drive down Korea's housing prices from 2040: experts
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Samsung considering Texas' Williamson County for new chip fab
Samsung Electronics is considering Williamson County in Texas as a possible site for its new foundry plant in the United States, according to industry sources on Friday. The South Korean tech giant confirmed that it is looking at Williamson County in Texas as a potential candidate among various sites across the US. The sources said Samsung is considering several sites in the US, such as Arizona, New York, and Austin, Texas. Earlier, Reuters reported that Samsung has applied for tax incen
July 16, 2021
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Netflix-SK dispute over net neutrality to continue
The legal battle between US-based streaming giant Netflix and South Korea’s internet service provider SK Broadband is likely to continue centering on the controversial topic of net neutrality. Netflix on Thursday appealed a Seoul court’s decision that sided with SK Broadband. Last month, the Seoul Central District Court dismissed a request from Netflix that the video streaming service operator is not liable to pay network usage fees to SK Broadband. The court also rejected Ne
July 16, 2021
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Doctors raise concerns over Hyundai Pharm’s abortion pill
Medical experts are divided over the safety and efficacy of an abortion pill poised to soon hit local pharmacy shelves. After a Korean firm sought to bring in the drug Mifegyne -- which is sold in over 70 countries -- under a local brand name Mifegymiso, a group of local experts on Thursday called for a bridging study to verify the pill’s safety and efficacy. A bridging study on a drug is an additional study executed in a new region to compare it with foreign clinical data on safety, e
July 15, 2021
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SK Bioscience aims to launch COVID-19 vaccine by early next year
SK Bioscience is to soon begin the Phase 3 clinical trial of its COVID-19 vaccine candidate, the firm’s CEO Ahn Jae-yong told a local seminar held Wednesday. Ahn also added the company expects the vaccine to be out early next year. SK Bioscience currently has two COVID-19 vaccine candidates, GBP510 and NBP2001, under development. The Seongnam, Gyeonggi Province-based firm is expected to choose one -- GBP510. The company last month applied for a regulatory permission to start the Phase 3
July 15, 2021
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KT starts ‘real’ end-to-end 5G service in industry first
KT on Thursday announced the launch of pure end-to-end 5G service, becoming the first mobile carrier in South Korea to commercialize a 5G standalone network. Starting from Thursday, users of Samsung Galaxy S20, S20+ and S20 Ultra phones who subscribe to KT’s 5G mobile plans will be able to access the 5G SA connection simply by updating their device software. Standalone refers to it being pure 5G from end to end, without occasional transitioning to 4G Long Term Evolution networks. S
July 15, 2021
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S. Korea to research digital treatment for depression amid pandemic
South Korea's ICT ministry said Thursday the country plans to invest nearly 30 billion won ($26.2 million) over the next three years to research digital treatment for depression in a move to find new ways to help the growing number of people suffering from the mental disorder. The number of depression patients in South Korea reached 790,000 in 2019, up 5.9 percent on-year, and the number is expected to rise as the pandemic restricts social activities and triggers economic uncertainty. Digital
July 15, 2021
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KT commercializes standalone 5G
KT Corp., a South Korean telecom giant, said Thursday it has commercialized standalone 5G, becoming the first mobile carrier in the country to deploy the network technology. Although South Korean carriers first commercialized 5G networks in April 2019, they have been available on non-standalone mode, requiring support from 4G LTE. Standalone 5G offers network services by solely using 5G frequencies, leading to lower latency and better battery life, according to KT. The telecom operator said b
July 15, 2021
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Revived Cyworld to feature immersive metaverse shops
Cyworld Z, the 2021 revival of the once-popular homegrown social networking service of the same name, will feature immersive virtual shops, utilizing its metaverse platform, in partnership with local retail giant GS Retail. GS Retail signed a business agreement with Cyworld Z at the GS Group headquarters in Seoul on Wednesday for the project. Cyworld Z is a consortium of five firms including Kosdaq-listed Intromedic and Sky E&M, which purchased Cyworld in January this year, in hopes of
July 14, 2021
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SKT unveils new metaverse platform Ifland
South Korean mobile carrier SK Telecom on Wednesday launched a new metaverse platform dubbed “Ifland,” kick-starting its 5G virtual service business. The name signifies a virtual world where users can be anyone they wish, meet anyone they want to and make so many possibilities real. The platform is launched for Android devices first and will later be open to iOS and other virtual reality devices. With a goal of growing Ifland into a leading metaverse platform by drawing mille
July 14, 2021
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SK Telecom launches metaverse platform
SK Telecom Co., South Korea's largest wireless carrier, said Wednesday it has launched a new metaverse platform in a move to capture growing demand for the technology as more users shift their daily activities to digital spaces amid the pandemic. The metaverse refers to a shared virtual space where users interact with each other through digital avatars. The technology has gained popularity over the past year as the pandemic limits in-person contact. SK Telecom said the mobile app-based platfor
July 14, 2021
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Celltrion says COVID-19 drug cuts risk of severe disease by 70%
Results of the final, phase 3 clinical trial of Regkirona, an antibody COVID-19 treatment developed by South Korean firm Celltrion, were presented at a conference in Europe, the company said Tuesday. According to the presentation made by Oana Sandulescu, an associate professor at Carol Davila University of Medicine and Pharmacy, at the 31st European Congress of Clinical Microbiology and Infectious Diseases, Regkirona, or CT-P59, has significantly reduced the rate of progression for severe sym
July 13, 2021
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Logistics investment continues as e-commerce war wages on
More e-commerce platforms are rushing to offer early morning delivery outside of Seoul to win the nation-wide grocery delivery war that has been sparked by Market Kurly and Coupang. Shinsegae Group’s online retail channel SSG.com began expanding dawn delivery in several major cities in North and South Chungcheong Province this week, including Cheongju, Cheonan and Sejoing City. The company has said it plans to expand the service to the rest of the country in the future. Entering the regi
July 13, 2021
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Samsung makes push into automotive image sensor market
Samsung Electronics on Tuesday announced the launch of a new image sensor for automobiles, taking aim at a market segment controlled by Japanese rival Sony. The new Isocell Auto 4AC will be supplied to a global car brand this year, it said. “Starting with the Isocell Auto 4AC, we plan to expand our automotive sensor lineup to areas such as camera monitor systems, autonomous driving and in-cabin monitoring,” said Chang Duck-hyun, the executive vice president of Samsung’s s
July 13, 2021
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S. Korea launches test bed for 5G devices
South Korea's ICT ministry said Tuesday it has opened a testing facility for products that run on 5G networks in a move to support small and mid-sized companies. The country has earmarked a total of 19.8 billion won ($13.8 million) from 2019 to 2023 to develop the testing center in Gumi, about 260 kilometers southeast of Seoul, according to the Ministry of Science and ICT. The facility aims to support local companies in checking whether their connected devices work properly on local and global
July 13, 2021
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Samsung releases new automotive image sensor
Samsung Electronics Co. on Tuesday released a new automotive image sensor as the tech giant eyes to expand its presence beyond the mobile sector. The ISOCELL Auto 4AC will be used for rear-view cameras and surround-view monitors of a vehicle and offer high-definition resolution images. Samsung's latest image sensor comes in an optical format of 1/3.7-inch with 1.2 million 3.0-micrometer pixels. Samsung said it applied CornerPixel technology for the first time, which will help reduce blind ar
July 13, 2021
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KT to unveil mmWave 5G services at baseball stadium
KT Corp., a South Korean telecom giant, said Tuesday it will make millimeter wave (mmWave) 5G services available at a baseball stadium in a move to step up efforts to commercialize the technology. Although local mobile carriers offer 5G networks on the mid-band spectrum, they have yet to commercialize services on the high-band spectrum, also known as mmWave, which unlocks the fastest speeds on 5G. KT said it will showcase a range of 5G services that use the technology at KT Wiz Park in Suwon,
July 13, 2021
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LG Electronics unveils indoor-outdoor delivery robot
LG Electronics Inc. on Tuesday unveiled a new delivery robot that can serve both indoor and outdoor environments as the South Korean tech giant tries to expand its competitiveness in the robotics sector. LG introduced its indoor-outdoor delivery robot at the 18th International Conference on Ubiquitous Robots in Gangneung, some 240 kilometers east of Seoul. The four-wheel robot boasts enhanced mobility as it can self-adapt to terrain changes. The company plans to test run the latest robot at
July 13, 2021
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[News Focus] Korea to curb malicious reviews on food delivery apps
South Korea plans to introduce a set of policy measures aimed at protecting restaurant owners against malicious food app reviewers, amid a rapid increase of online food orders due to the COVID-19 pandemic, the country’s top telecom regulator said. The Korea Communications Commission said Sunday it would push for new guidelines to prevent malicious reviews on food delivery apps and step up monitoring of major platform operators involved. “Now that people carry out many activities
July 12, 2021
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Auto chip shortage expected through 2022, reliance on TSMC to surge: report
A global shortage of automotive chips is expected to last through next year, while efforts to localize production are not advancing fast enough, a local auto industry think tank said Monday. The Seoul-based Korea Automotive Technology Institute, in a report, predicted the situation will slowly get better for automakers, starting in the second half of this year. But, the supply will remain constrained by 2022. A global lack of chips has forced many automakers to suspend car production, includ
July 12, 2021
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SK hynix rolls out first Gen.4 10-nm mobile DRAMs with EUV
SK hynix, the world’s second-largest memory chip provider, said Monday it has started mass-production of the fourth-generation 8-gigabit low power double data rate 4 chips for mobile devices based on the 10-nanometer process using the extreme ultraviolet technology. The announcement puts SK hynix ahead of its bigger rival Samsung Electronics in the race to develop next-generation DRAM chips. And SK hynix has now become the world’s first firm to commercialize “1anm D
July 12, 2021