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The Korea Herald

Mobile & Internet

June 17, 2019
Expected hit games, BTS World lift Netmarble shares

Netmarble, South Korea’s leading mobile game developer, saw its share price rise on June 17 amid high expectations on its new game lineup. Netmarble’s new mobile role-playing game Seven Deadly Sins: Grand Cross was released on June 4 in Korea and Japan and has become a bestseller. In Japan, it w...
June 16, 2019
SKT signs MOUs with Nokia, Ericsson on 6G R&D

SK Telecom said on June 16 it has agreed with two European telecom equipment makers to work together to upgrade the performance of the commercial 5G network and develop technologies related to 6G. South Korea’s leading mobile carrier signed memorandums of understanding with Finnish firm Nokia ...
June 13, 2019
S. Korea, Finland to collaborate on 6G network

South Korea’s top state-run research institute ETRI has signed a memorandum of understanding with the University of Oulu in Finland to develop the sixth-generation network technology, according to the Ministry of Science and ICT on June 12. The agreement between the two sides came amid South Kore...
June 12, 2019
Tada Premium gets approval amid controversy

VCNC, the operator of van-hailing service Tada, said on June 11 that its premium taxi service has been approved by the Seoul Metropolitan Government. Plans for launching the high-end platform Tada Premium were first announced in February in the midst of conflict between South Korean taxi operators...
June 10, 2019
Korean telco firms team up with local suppliers amid Huawei issue: report

[ ET NEWS ] South Korea’s three largest mobile carriers have increasingly opted to purchase domestic network equipment instead of Chinese products in recent years amid the escalating trade war between China and the US, according to a report issued June 10. According to the report from lawmaker ...
June 09, 2019
Google’s Stadia to launch in November, excluding Korea

Google’s plan of launching cloud-based game streaming platform Stadia in November but to exclude Asia disappointed Korean gamers June 9, with some raising doubts as to the success of the newest service. Stadia, touted by Google as the “new generation game platform powered by the best of Google,”...
June 02, 2019
Animation most popular content online: survey

With an increasing number of people seeking to capitalize on YouTube and other streaming services as a lucrative business model, animation was found to be the most popular content among South Korean subscribers, an industry survey showed on June 2. According to local entertainment company CJ E&M, ...
May 30, 2019
IFA Korea conference discusses trade policy, taxation in digital economy

International Fiscal Association Korea is hosting a conference to discuss international trade and taxation issues in the era of digital transformation on May 30-31. The conference was co-hosted by the Ministry of Trade, Industry and Energy, Korea International Trade Association and Tax Executive I...
May 29, 2019
5G autonomous driving technology to be demonstrated in Seoul

The world’s first combination of 5G next-generation mobile technology and autonomous driving will be publicly demonstrated in Seoul next month, officials said on May 29. Indigenously developed self-driving cars operating with 5G will be unveiled to the public during an autonomous driving techn...
May 29, 2019
Prep for Line Bank speeds up in Japan

Japan’s dominant messenger app Line and Mizuho, one of the three mega banks in the country, are one step closer to launching Line Bank with the establishment of a preparatory company earlier this week, industry sources said on May 29. Line Financial and Mizuho Bank established Line Bank Preparato...
May 27, 2019
Korean telcos distance themselves from troubled Huawei

[ ETNEWS ] Mobile carriers KT and LG Uplus have decided to exclude Huawei Technologies in their respective new projects to set up network backbones across South Korea in wake of the US government’s escalating campaign against the Chinese firm. KT, the second largest mobile carrier in the do...
May 26, 2019
Korean firms slam WHO’s listing of game disorder

South Korean games companies reacted angrily on May 26 to the World Health Organization’s decision to officially recognize gaming disorder as a disease. A committee comprising 88 organizations, including the labor union of Korea’s biggest game company Nexon, opposed the decision saying it woul...
May 22, 2019
Korea’s ICT exports down for 6th straight month in April

South Korean exports of information and communications technology products fell for the sixth straight month in April on weak demand for semiconductors and displays, data showed on May 222. Total outbound shipments reached $15.2 billion last month, a drop of 10.6 percent from a year earlier, ac...
May 20, 2019
[INTERVIEW] CarrieSoft set to go global after IPO

As Sister Carrie plays around with toys on YouTube, kids are enchanted. Since its YouTube launch in 2014, Carrie has become an influential figure with more than 2 million subscribers. CarrieSoft, the company behind Carrie and Toys -- with real person and animation characters -- is about to go publ...
May 19, 2019
KT to enhance partnership with Russia’s biggest telco

South Korea’s major mobile carrier KT said it discussed business cooperation with Russia’s biggest telecom firm Mobile TeleSystems, to boost their ties in the 5G cellular network. KT chief Hwang Chang-gyu met with MTS Group CEO Alexei Corna on May 17 at KT’s headquarter in downtown Seoul, off...

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