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The Korea Herald

Mobile & Internet

November 29, 2024
[Contribution] Preparing for future with strategic public procurement

By Baek Seung-bo South Korea's public procurement has grown to a market worth 210 trillion won (about $150 billion). Each year, central government agencies, local governments, and other public institutions spend this staggering amount procuring goods, services, and infrastructure. This represents ...
November 29, 2024
Trailblazing women CEOs drive innovation at Pangyo Culture Creation Hub

Studio Boldy, founded in June 2024 by designer-turned-entrepreneur Min Hyun-kyung, operates UI Bowl, an AI-powered platform designed to streamline the workflow of user interface and user experience designers. The platform provides access to over 35,000 UI/UX design images from 300 apps, enabling d...
November 27, 2024
Move over, X. Korea’s skies are turning blue

Bluesky, the decentralized social media platform making waves globally, has reached a milestone this month — 20 million users worldwide. And South Korea is riding this wave, too. According to Mobile Index, the rising platform’s Korean monthly active users reached 595,588 in October, marking a st...
November 20, 2024
Coway unveils winter-ready home appliances

By Park Li-na ( linapark@heraldcorp.com )
November 12, 2024
TCL’s 'QD TVs' face antitrust probe over misleading advertising

Korean specialty chemicals and materials maker Hansol Chemical said Monday it has filed a complaint with the local antitrust authorities against Chinese TV maker TCL for the misleading advertising of its latest TV sets. The Korean firm accused TCL, China’s largest TV manufacturer, of falsely bran...
November 11, 2024
SK to enhance board's role in readiness for AI era

South Korea’s second-largest conglomerate SK Group announced Monday its commitment to further enhance its governance structure by expanding the board's role beyond decision-making to setting directions and evaluating performance, intent to better navigate the era of artificial intelligence. At SK...
November 08, 2024
Naver posts all-time high quarterly earnings in Q3

South Korean internet giant Naver on Friday reported record-high quarterly earnings for the July-September period, showing strong performances in all of its major businesses including the search platform, commerce and content. During an earnings call, Naver Chief Executive Officer Choi Soo-yeon sa...
November 05, 2024
KT unveils world’s first 8K IPTV set-top box

South Korean telecom carrier KT Corp. on Tuesday released the world’s first artificial intelligence IPTV set-top box that supports advanced 8K resolution with on-device AI capabilities. The company said the Genie TV set-top box 4 is the first IPTV set-top box globally equipped with an 8K UHD chip...
November 05, 2024
SK Telecom unveils AI assistant Aster for global users

SK Telecom, South Korea’s largest wireless carrier by membership, on Tuesday unveiled its new artificial intelligence-powered personal assistant Aster for global markets. Designed as an agentic AI, Aster goes beyond simple question-and-answer or search functions. It engages users in an interactiv...
November 04, 2024
SK hynix unveils 2025 shipment plans for most up-to-date HBM chip

SK hynix CEO Kwak Noh-jung unveiled the company’s plan to start mass production of the industry's most up-to-date high-bandwidth memory chips early next year. “We anticipated that the market for the 16-layer product will begin to open (the sixth-generation) HBM4,” he said in a keynote speech at...
November 04, 2024
SK chief vows to tackle AI bottleneck along with Nvidia, TSMC

SK Group Chairman Chey Tae-won renewed his commitment to building a robust artificial intelligence ecosystem and vowed to overcome bottlenecks in the process with AI pioneers and key partners Nvidia and TSMC. Speaking at SK AI Summit 2024, held in Seoul on Monday, Chey listed a number of difficult...
November 04, 2024
Korean luxury e-boutique Jente launches global service

South Korean luxury e-boutique Jente has launched a global service to spur its business expansion overseas. The company said Monday the website is now available for shoppers in North America, Asia and Europe, with plans for expansion in the Middle East by 2025. Established in 2020, Jente has gain...
October 30, 2024
Mobile carriers raise severance pay to slim down workforce

Mobile carriers are strengthening their severance packages to encourage early retirement amid efforts to renew their business portfolio and restructure stagnant workforce. Kicking off voluntary redundancy, KT Corp., the country's second-largest telecommunication company, recently raised the maximu...
October 30, 2024
Nexon expands game pipeline to target global market

“Nexon must become a company that keeps adding value, which means we have to continue to grow based on the experiences and lessons we've accumulated over the last 30 years,” said Kim Jung-wook, co-CEO of Nexon Korea. “It’s called ‘Creative Attack.’ We will keep moving forward to develop game...
October 30, 2024
SK Networks teams up with Malaysia’s Sunway in AI push

SK Networks said Wednesday it has joined forces with Malaysia’s Sunway Group, a leading conglomerate in Southeast Asia with key interests in real estate and construction, to drive artificial intelligence innovation. Founded in 1974, Sunway is one of Malaysia’s top 20 conglomerates, operating in ...

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EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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