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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...
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 ...
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...
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...
[ 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 ...
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,”...
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, ...
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...
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...
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...
[ 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...
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...
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...
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...
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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