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The Korea Herald

Mobile & Internet

February 07, 2020
Coway rebrands under Netmarble

Woongjin Coway is now simply Coway after Netmarble’s acquisition of the company. Coway convened an interim shareholders meeting on Feb. 7 at its head office in Gongju, South Chungcheong Province, where it voted on loosing Woongjin from its company name. Netmarble Chairman Bang Jun-hyuk was ma...
February 06, 2020
Google hopes to improve weather prediction with ‘Nowcasting’

Weather forecasts often become a laughing stock, not only because meteorologists are incapable of accurate predictions but also because it is difficult due to the unpredictable weather patterns amid climate change. But deep learning technology might aid meteorologists, thanks to experts working to...
February 04, 2020
Hyundai, Kia suspend some production lines amid coronavirus-triggered crunch

Hyundai Motor Co. and its sister company Kia Motors Corp. said Tuesday they have suspended some of their assembly lines here due to shortages of parts from China amid the spreading coronavirus outbreak. Hyundai Motor halted the assembly lines for the production of the carmaker‘s independent ...
December 17, 2019
Sparkplus signs partnership deal with blockchain startup Kasa Korea

Office-sharing firm Sparkplus announced Dec. 17 that it has signed a partnership deal with tech startup Kasa Korea. According to Kasa Korea, it is planning to launch a blockchain-based funding platform that would make it possible for people without much money to indirectly and collectively fund re...
December 12, 2019
Huawei tipped to narrow gap with Samsung in smartphone shipments

Samsung Electronics is widely expected to maintain its No. 1 status in the global smartphone market this year, but its Chinese rival Huawei Technologies will narrow the gap with the world’s largest smartphone maker in terms of market share, an industry report showed Dec. 12. The South Korean t...
December 12, 2019
Pay TV subscribers in S. Korea hit 33 million

The number of pay TV subscribers in South Korea reached 33 million in the first six months of the year, up 540,000, or 1.67 percent, from the second half of last year, data showed Dec. 12. The figure includes pay subscribers to system operators, satellite broadcasting services and IPTV service ...
December 10, 2019
SKT, Samsung Heavy succeed in testing 5G-based remote control ship

SK Telecom and Samsung Heavy Industries said Dec. 10 their 5G-powered remote control ship operation test was successful. A 3.3-meter model ship made by Samsung Heavy sailed successfully in the sea near the shipbuilder‘s shipyard in Geoje, South Gyeongsang Province, using SKT’s 5G network, the...
December 08, 2019
Korean investors turn to real estate, less interested in stock market

Korean investors have been turning their attention toward the real estate market, reflected in an increase in mortgage lending, while cash flows in the equity market have been overall stagnant, recent data showed. According to data released by the Bank of Korea last month, the outstanding balance ...
December 08, 2019
KT’s epidemic prevention platform launches in Kenya

Telecom giant KT’s disease control platform recently launched in Kenya, widening reach in the African continent. KT’s Global Epidemic Prevention Platform will be locally serviced by the nation’s biggest telecom provider Safaricom, and will be called Safari Smart, meaning “smart travel” in Swa...
December 04, 2019
Naver joins cross-border mobile payment alliance

The financial arm of South Korea’s leading portal operator Naver said Dec. 4 it has joined a cross-border mobile payment alliance with its Asian partners. The collaboration enables the four companies’ nearly 80 million users to make electronic payments at stores that use Naver Pay, Line Pay a...
December 04, 2019
Intel eyes AI on ‘edge computing’

US chipmaker Intel said Dec. 4 that it will focus on “edge computing” that could hold the key to the success of artificial intelligence in the future. Edge computing refers to the practice of storing data on computers located near cell towers and other network equipment to improve network res...
December 04, 2019
Court rules in favor of FTC over record fine against Qualcomm

A Seoul court ruled in favor of South Korea’s antitrust regulator Dec. 4, saying its decision to impose a record fine on US chipmaker Qualcomm was justifiable. The ruling would be a setback for Qualcomm, which appealed the Fair Trade Commission’s 2016 decision to fine the company 1.03 trillio...
December 03, 2019
Online shopping continues to rise in Oct.

Online purchases in South Korea continued to show solid growth in October, government data showed Dec. 3, demonstrating the popularity of smartphones, fast delivery and convenient payment options with local shoppers. The total value of transactions made with computers, smartphones and tablets r...
December 02, 2019
KT’s AI robot debuts in Seoul hotel

Telecom firm KT said Dec. 2 its hotel service robot, enabled by artificial intelligence and other cutting-edge technologies, made its official debut in a Seoul hotel. The AI hotel robot, dubbed N bot, started its official service at Novotel Ambassador Seoul Dongdaemun Hotels & Residences, to se...
November 26, 2019
[ASEAN-Korea Summit] High-end tech draws attention at ASEAN-Korea summit

From smart farming to three-wheeled electric vehicles, cutting-edge technologies of South Korean companies are in the limelight at the ASEAN-ROK Innovation Showcase 2019, being held on the sidelines of the 2019 ASEAN-Republic of Korea Commemorative Summit in Busan. Korean firms -- conglomerates as...

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