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The Korea Herald

Mobile & Internet

July 16, 2019
Netflix has 1.84 million users in S. Korea

The number of South Korean users subscribing to the US video streaming platform Netflix has nearly tripled on-year to surpass the 1.8 million mark, industry data showed on July 16. Netflix is estimated to have 1.84 million paid active streaming subscribers as of June, compared with 630,000 user...
July 14, 2019
KT appeals to global water sports fans with 5G

GWANGJU -- Fifth-generation network services -- the next step after long-term evolution, or 4G -- still seem a long way off for most mobile users despite ongoing efforts by telecom firms and mobile device makers here to promote the technology. To bring the emerging mobile tech closer to the public...
July 11, 2019
S. Korea expands 5G user base, but quality concerns remain

The world’s first commercial 5G services in South Korea are expanding, with the number of users rising at an eye-popping pace since their launch in April. But local carriers face the daunting task of improving service quality to meet the high expectations of their customers, according to industry ...
July 05, 2019
NHN Payco receives W75b investment to upgrade fintech platforms

Payment solutions firm NHN Payco said on July 5 that it has attracted 75 billion won funding from investors. The company said insurance company Hanwha Life and local investor Nub invested 50 billion won and 25 billion won accounting for 6.8 percent and 3.4 percent of the payment company’s value a...
July 04, 2019
Apple seeks consent decree over its alleged violation of competition law

The South Korean unit of US tech giant Apple has asked South Korea’s antitrust regulator to adopt a consent decree that would end a legal dispute over its alleged violation of competition law. Apple Korea filed the application with the Fair Trade Commission on June 4, the commission said on Ju...
July 02, 2019
SKT snatches back top spot from KT in 5G subscribers

SK Telecom rapidly increased the number of its 5G subscribers in May with aggressive marketing for new smartphones, regaining a leading market position in the next-generation mobile network, government data showed on July 2. The firm’s 5G users numbered 319,976 as of the end of May, gaining 5.7 p...
July 01, 2019
Japan’s export restriction adds uncertainty to Korean tech industry

South Korean chip and display makers are expected to embrace yet more uncertainty from Japan’s restriction of exports of key materials for their production amid diplomatic rows between the two nations, market watchers said on July 1. The Japanese government said earlier in the day that it will...
July 01, 2019
KT launches upgraded VR service with 4K resolution

Telecom firm KT said July 1 it has launched a high-resolution wireless virtual reality media service to offer a wide range of immersive content for its premium users. The company said its Super VR service will be available on Pico’s G2 4K VR headset, the upgraded version of its 3K-resolution G...
June 28, 2019
Line to focus on offline, fintech and AI

The operator of popular messenger service Line has unveiled a concept called “Life on Line” to promote the vision of life infrastructure. The Tokyo-listed company Line Corp. introduced the idea at Line Conference 2019 held in Japan on June 27. Life infrastructure is aimed at leveraging lifestyle...
June 27, 2019
ICT sector jobs up for 17th straight month in May

The number of jobs in information and communications technology businesses grew for the 17th straight month in May as the sector expanded its economic presence, data showed on June 27. The total number of people employed in the ICT segment, which includes various software-related businesses, publi...
June 25, 2019
SKT, Deutsche Telecom to set up 5G JV

SK Telecom said on June 25 that it has joined hands with Deutsche Telekom to set up a joint venture that will focus on developing core 5G technologies. The telecom leaders of South Korea and Germany signed a memorandum of understanding early this week in Seoul to discuss strategies and share th...
June 25, 2019
Naver aims to develop AI-based mapping solution for autonomous driving

Naver Labs -- the R&D subsidiary of South Korea’s dominant internet portal and search engine Naver -- on June 25 said it will develop a solution for a more precise and detailed map that is crucial for autonomous driving and automated environments. Under the road map, the R&D center will focus ...
June 18, 2019
SK hynix’s new China plant to stay idle over Huawei fallout

Memory chip powerhouse SK hynix is slowing down the pace to ramp up production at its new Chinese plant amid mounting concerns over the negative consequences of the escalating US-China trade war. The Korean chipmaker planned to start full operations of its new DRAM manufacturing plant, called C2...
June 18, 2019
KT to jack up investments for 5G-based cloud platform

South Korea’s telecom firm KT said on June 18 it will invest 500 billion won ($422 million) by 2023 to develop cloud technologies based on its 5G network to create new business opportunities. KT said it will combine its 5G network and cloud expertise to launch convergence services, including s...
June 18, 2019
Samsung, SKT join hands for 6G R&D

Samsung Electronics and SK Telecom said on June 18 they have agreed to work together to upgrade the performance of the commercial 5G network and develop technologies related to 6G. Samsung, which provides end-to-end 5G solutions ranging from modems and chipsets to smartphones, has been providin...

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