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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

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Tech

Tue, February 7, 2023 | 00:24

Korea seeks to launch space economy via moon landing

Korea seeks to launch space economy via moon landing

Korea is set to launch its first lunar orbiter, the Danuri, aboard SpaceX's rocket in the United States on August 3. The successful launch of the Danuri will mark the first step for Korea to join the space economy following other advanced countries active in the field, according to industry experts and government officials. The space economy refers to the economy beyond our p...

Baek Byung-yeul | 2022-07-12 15:00

[ANALYSIS] Why 3-nanometer chip tech matters most for Samsung

ANALYSISWhy 3-nanometer chip tech matters most for Samsung

Since the launch of its New Management Initiative in 1993, Korea's top exporter Samsung has been improving its R&D significantly while retaining its core competencies in manufacturing, factory operations as well as other steady advances.

Kim Yoo-chul | 2022-07-11 14:15

Dispute reignites over sale of Kakao Mobility

Dispute reignites over sale of Kakao Mobility

Kakao confirmed that it is considering stepping down as the largest shareholder of Kakao Mobility, prompting its unionized workers to resume their protest against the potential sale of the mobility subsidiary to a private equity firm (PEF).

Park Jae-hyuk | 2022-07-07 16:29

Just pizza and coffee for Korea's first successful space rocket launch?

Just pizza and coffee for Korea's first successful space rocket launch?

A slice of pizza and a cup of coffee were all that the researchers of the Korea Aerospace Research Institute (KARI) received from President Yoon Suk-yeol in compensation for their successful launch of Korea's first domestically developed space rocket, according to the state-run space research institute's employees, Thursday. The researchers even had to wait in a long line ami...

Park Jae-hyuk | 2022-07-07 15:08

[INTERVIEW] Digitalization key to recovery of travel industry: Yanolja chief

INTERVIEWDigitalization key to recovery of travel industry: Yanolja chief

Steady enhancements in technology are accelerating growth and some degree of innovation in the leisure industry. During the ongoing COVID-19 pandemic, a robust digitalization strategy is what is needed by the industry, with the adoption of platform-oriented business models defining the shape of the travel and tourism industry's recovery.

Kim Yoo-chul | 2022-07-07 12:15

LG Innotek to invest $1.07 bil. to beef up substrate, camera biz

LG Innotek to invest $1.07 bil. to beef up substrate, camera biz

LG Innotek will invest 1.4 trillion won ($1.07 billion) to bolster next-generation substrate and camera module production at its manufacturing facilities in Gumi, North Gyeongsang Province, the IT component affiliate of LG Group said Wednesday. Its CEO, Jeong Cheol-dong, signed a memorandum of understanding with Gumi Mayor Kim Jang-ho in the southeastern city, inviting govern...

Baek Byung-yeul | 2022-07-06 16:05

KT aims to foster local chip-design industry

KT aims to foster local chip-design industry

KT went all out to foster the country's capability in semiconductor design, as the telecommunications company said Wednesday that it has invested 30 billion won ($23 million) in local fabless company Rebellions. The company revealed it decided to invest in the local chip design firm in order to contribute to upgrading Korea's capability in the fabless or chip design industry,...

Baek Byung-yeul | 2022-07-06 13:42

Kakao falls victim to Google's in-app payment policy

Kakao falls victim to Google's in-app payment policy

Google has banned Kakao from offering the latest version of KakaoTalk on the Google Play Store, as the Korean firm refused to follow the U.S. company's in-app payment policy, which has been in effect since last month. According to Kakao, the 9.8.6 version of its mobile messenger app has been unavailable on Google's app market, since the newest version's release on June 30. Go...

Park Jae-hyuk | 2022-07-06 08:57

Samsung, Apple to face off in premium smartphone market

Samsung, Apple to face off in premium smartphone market

Samsung Electronics will clash with Apple in the premium smartphone market in the second half of this year as the Galaxy maker is set to unveil new foldable phones - the Z Fold 4 and the Z Flip 4 - in August to challenge the new iPhone, according to industry officials and analysts, Tuesday. As it has always done in previous years, industry watchers expect Samsung to introduce...

Baek Byung-yeul | 2022-07-05 16:45

Danuri lunar orbiter leaves for US launch on Aug. 3

Danuri lunar orbiter leaves for US launch on Aug. 3

Danuri, Korea's self-developed lunar orbiter, left for the United States, Tuesday, for its launch in Florida on Aug. 3, according to the Ministry of Science and ICT. The science ministry said the Danuri has departed from the Korea Aerospace Research Institute (KARI) in Daejeon for Incheon International Airport. The Danuri is being sent to Orlando, Florida in a container speci...

Baek Byung-yeul | 2022-07-05 15:52

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