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The Korea Herald

Mobile & Internet

September 29, 2019
Nexon to launch new mobile game V4 in Nov.

Korean game company Nexon said on Sept. 28 it will release a new mobile game titled V4 on Nov. 7, having already postponed a number of other games. Nexon had set out this year with ambitious plans to launch 10 new mobile games within the first half of 2019. However, the mobile version of The King...
September 27, 2019
Delay in foundry biz assessment did more good than harm: MagnaChip CEO

NYSE-listed chipmaker head hints at positive results of evaluations Semiconductor firm MagnaChip, which has made inroads in the US and South Korea, announced in February that it would proceed with the strategic evaluation process for its overall foundry business, including its Fab. 4 fabrication p...
September 26, 2019
Lotte Duty Free signs MOU with Kakao to strengthen omnichannel marketing

Lotte Duty Free announced on Sept. 26 that it has signed a memorandum of understanding with the country’s leading messenger app operator Kakao to strengthen its marketing. “Through this MOU with Kakao, we will be able to provide more convenient and customized services to our customers,” Lotte D...
September 22, 2019
Naver, Kakao in battle over Korea’s mobile payment market

South Korea’s biggest internet search company Naver has finalized its plan to launch a financial subsidiary by November, presenting a challenge to the country’s leading messenger app operator Kakao in the mobile payment market. During a meeting with stockholders on Friday, Naver decided to chang...
September 20, 2019
NHN KCP merges mobile payment solution arm

Seoul-based NHN Korea Cyber Payment announced a merger with its mobile payment solution subsidiary MC Pay following a board agreement on Sept. 19, the company said in a regulatory filing. NHN KCP, South Korea’s largest payment gateway and network operator, said the merger as poised to take plac...
September 17, 2019
Video-streaming war heats up in S. Korea

The video-streaming war in South Korea is intensifying, with CJ ENM and broadcasting firm JTBC the latest to join the battleground. The two companies announced Sept. 17 that they have signed an agreement to set up a joint venture for video-streaming services. They will also launch a new platform, ...
September 16, 2019
KT joins forces with Hyundai for electric bus

South Korean telecom giant KT announced on Sept. 16 that it would supply automotive solutions, called fleet management system, to manage electric buses manufactured by Hyundai Motor Company. The FMS helps analyze and manage data of electric buses, including GPS coordinates, operating records and...
September 15, 2019
SKT-Ericsson test of standalone 5G network succeeds

SK Telecom and its Swedish partner Ericsson said Sunday they have successfully conducted a joint test of the 5G standalone network, opening the way for faster network services and better data management efficiency. Standalone (SA) is a method that is two times faster than the previous 5G non-stand...
September 11, 2019
Mirae Ohsung Group to receive funds worth $55 m

Mirae Ohsung Group on Sept. 10 signed a contract with German-based company Wintershall Holding to receive a funds worth 50 million euro ($55.26 million). Wintershall Holding is a wholly owned subsidiary of German conglomerate BASF and mainly produces natural gas and crude oil worldwide. Its sales ...
September 08, 2019
Nexon to roll out new MMORPG V4 this month

South Korea’s biggest video game company, Nexon, will launch its new mobile role-playing game V4 later this month. According to Nexon, V4 is to be released to the public on Sept. 27 with a press event for journalists and influencers. More than 100 participants will gather to watch the game’s dem...
September 08, 2019
[IFA 2019] Huawei claims world’s first commercialized 5G SoC

BERLIN -- Huawei CEO Richard Yu announced the world’s first commercialized 5G system-on-chip during his keynote speech at IFA 2019, darting ahead of competitors Samsung and Qualcomm in the race. The flagship Kirin 990 and its 5G version will power Huawei’s Mate 30 when the new phone is unveiled ...
September 01, 2019
Infringement of Korean contents on YouTube rising: lawmaker

About 9,000 YouTube contents distributed in South Korea have been accused of copyright infringement since January this year, a lawmaker said Sunday, amid growing calls for the government’s enhanced oversight over the global video-sharing service. Citing data from the Korea Copyright Protection A...
August 29, 2019
Line embroiled for allowing controversial sticker of President Moon

Line, the opeartor of the most popular mobile messenger in Japan, is facing criticism for allowing mobile stickers that insult President Moon Jae-in in its messenger store, despite guidelines banning attacks on a particular person. The sticker set called “Stamps of Mr. Moon,” created by Mineo Mi...
August 26, 2019
Didi Chuxing set to enter Korea

Didi Chuxing, China’s largest ride-hailing platform, is poised to enter the Korean market next year, industry sources said on Aug. 26. Mirae Ohsung Group said on Aug. 26 that the company and Didi Chuxing are mulling a plan to set up a Korean subsidiary next year. “With a goal to launch in 2020 ...
August 25, 2019
Line Man gains traction in Thailand

BANGKOK -- Line Man, an on-demand service platform of Thailand’s most popular messenger app Line, is making inroads in the local market by providing a variety of services, including food delivery, taxi-hailing, parcels and convenience goods, with a large subscriber base, according to a top company...

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