SEOUL, May 13 (Korea Bizwire) – The attention of South Koreans has intensified around the “Line crisis” triggered by demands from the Japanese government, including a review of Naver’s stake in the messaging app Line. This has led to a 15-fold surge in online searches for “Line” over the past four days. According to Naver Data [...]
SEOUL, May 13 (Korea Bizwire) — The labor union of Naver Corp. on Monday voiced opposition to a possible sale of stake in the operator of the popular Line messenger app, saying protecting employees and technology concerning the app should be top priority for Naver. Naver has been under pressure from the Japanese government to [...]
SEOUL, May 3 (Korea Bizwire) — Tech giant Naver Corp. said Friday it has yet to determine its position regarding Tokyo’s apparent pressure on LY Corp., the operator of popular mobile messenger app Line in Japan, to review its relationship with the Korean company. “Rather than determining whether to follow the guidance or not, we [...]
SEOUL, May 3 (Korea Bizwire) – Samsung Electronics announced that it will offer a free rental service for its Galaxy S24 series smartphones at Incheon Airport until June 9, catering to travelers during the summer season. The rental service is available to anyone aged 14 and above who is departing from Incheon Airport. Reservations will be [...]
SEOUL, Apr. 29 (Korea Bizwire) — South Korea’s telecommunications giant KT Corp. said Monday it will lead the transformation of the company’s media business by widely using its artificial intelligence capabilities and strengthening investments to spread Korean pop content in global markets. KT, the country’s No. 2 wireless carrier, said it is utilizing AI technology [...]
SEOUL, April 25 (Korea Bizwire) – A major Japanese internet company partly owned by Naver, South Korea’s biggest web portal, is facing pressure from Tokyo to strip the Korean tech firm of its controlling stake after a data breach last year, an extraordinarily aggressive move that threatens to upend a rare alliance between corporate giants from [...]
SEOUL, April 25 (Korea Bizwire) – Kakao Mobility Corp., the operator of South Korea’s leading taxi-hailing service Kakao T, said Thursday it will introduce a new membership category with cheaper commissions for its taxi drivers. Starting from June, the new plan will require 2.8 percent commission from its drivers, compared with the current membership plan, [...]
SEOUL, Apr. 25 (Korea Bizwire) – Samsung Electronics, the world’s leading smartphone maker, has relaunched its Galaxy C series of smartphones tailored for the Chinese market after a seven-year hiatus, in a bid to reclaim market share from domestic rivals. According to the market research firm Counterpoint Research, Samsung is estimated to have recorded a market [...]
SEOUL, Apr. 22 (Korea Bizwire) – South Korea’s online gaming giant Nexon Co. said Monday it will release a mobile version of its smash-hit title, Dungeon & Fighter, in China next month. Dungeon & Fighter Mobile will hit the Chinese market on May 21 and be operated by local game publisher Tencent Games, according to [...]
SEOUL, Apr. 17 (Korea Bizwire) – Samsung Electronics announced on April 16 that its flagship Galaxy S24 smartphone series incorporates an amount of recycled plastic equivalent to approximately 50 million 500-milliliter plastic water bottles. In a post from its official newsroom, the company estimated that the recycled plastic used in the Galaxy S24 series this year [...]