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China’s Ant Financial moves into South Korea with $200m investment

China’s No.1 mobile wallet app, Ant Financial, which is an affiliate of Alibaba Group, has made its move to penetrate…

SK Telecom, Ericsson and BMW Korea realize world’s fastest 5G speed for connected car

SK Telecom (South Korea Telecom) announced that it, together with Ericsson and BMW Korea, has realized a peak rate of…

Boost for consumers as ‘Samsung Pay’ officially launches in Thailand

Consumers in Thailand have been given a boost following the official announcement of the launch of ‘Samsung Pay’ in the…

South Korean chipmaker submits bid for stake in Toshiba memory business

South Korean chipmaker SK Hynix has submitted a bid for a stake in Toshiba Corp’s memory chip business. Management identified…

Safety authorities to conduct regular inspections in bid to avoid Note 7 fires

South Korean authorities have confirmed that it will strengthen its policy over battery safety requirements and will conduct regular inspections…

Samsung Electronics Vice Chairman Lee Jae-yong (center) is surrounded by the press

Samsung post-fiasco: beleaguered has-been or comeback king?

Samsung shocked the world in September last year when it suspended sales of its flagship smartphone Galaxy Note 7 as…

SK Hynix reports 90% profit increase due to rising chip prices

A South Korean chipmaker has reported a profit jump of a whopping 90% in Q4 – which has been fueled…

Qualcomm fires back at Apple’s monopoly abuse accusations

Qualcomm has fired back at Apple after it sued the company on Friday, 20 January, over allegations of monopoly abuse.…

Samsung set to reveal faulty batteries as the cause of Galaxy Note 7 fires

It has long been speculated that the cause of the Samsung Galaxy Note 7 debacle was due to faulty batteries…

South Korea’s largest operator appoints new CEO

South Korea's largest telecom operator SK Telecom (SKT) has announced it has officially appointed Park Jung-ho as the company's new…

SK Telecom planning nationwide LoRaWAN network

Korean Telco SK Telecom has become the latest telco to announce plans for a nationwide low-powered wide area network based…

South Korea tops ICT development, Internet speed & LTE coverage

South Korea, a nation no bigger than the US state of Indiana, saw its economy surge from 1962 to about…