ICT | BusinessKorea

Wednesday, March 21, 2018


Slow Progress
25 November 2014 - 11:41am
Kakao Pay, Kakao's simple payment service provided by LG CNS, is not rapidly expanding its affiliated stores, even with its partnerships with all of the card companies in the nation. Many people are...
An example plasma display panel, not known for its energy efficiency.
IT Energy Efficiency
24 November 2014 - 1:56pm
The era of competition for cheaper maintenance costs is expected in the electronics and IT markets, similar to the auto market. “The electronics industry has not paid much attention to maintenance...
Cheap Chinese Phones
24 November 2014 - 12:23pm
Huawei has lowered the factory price of the X3 smartphone due to poor sales just two months after its launch in the Korean market. It is a Chinese-style strategy to sell high quality smartphones at...
On the Alert
24 November 2014 - 11:57am
According to industry sources, PayPal is currently having talks with the financial authorities before kicking off its business in Korea. The growth of the domestic Active X-less payment market is...
KT Chairman Hwang Chang-gyu (right) presents his ideas about a combined mobile transportation card to China Mobile's Chairman Xi Guohua (second from right) and NTT DoCoMo's President and CEO Kaoru Kato (third from right).
International Transportation Card
24 November 2014 - 11:36am
KT announced on Nov. 23 that it suggested that Korea, China, and Japan cooperate in communications services at a meeting of the Strategic Cooperation Framework AgreementStrategic Cooperation...
The Internet of Things refers to everything we own being connected to the Internet.
Internet of Things
21 November 2014 - 6:05pm
The Korean Agency for Technology and Standards of the Ministry of Trade, Industry and Energy announced on Nov. 20 that Korea became the chair of the Internet of Things (IoT) Standardization Working...
Active X Not Required
21 November 2014 - 5:46pm
Direct purchases on overseas websites are becoming more common, and various simple payment services are emerging. With the simple payment market rapidly changing, a newly-launched online payment...
A screenshot of the web site of GS Shop.
Worldwide Reach
20 November 2014 - 5:05pm
This month, GS Shop became the first home shopping company to deliver its products to international customers by launching a “global delivery service.” Delivery is possible to 103 countries worldwide...
Expansion to MMF
20 November 2014 - 12:38pm
A Daum Kakao executive said on Nov. 19 that his company was considering a money market fund (MMF) as its new fintech business model to follow the Kakao Pay payment service and Bank Wallet Kakao...
Samsung NAND chip inside of a Samsung 850 Pro SSD.
Declining Market Share
20 November 2014 - 11:22am
Korean semiconductor companies are fiercely competing with U.S. and Japanese firms in the NAND flash market. In the third quarter, SK Hynix was able to reach a double-digit market share thanks to...
Wearable App Competition
20 November 2014 - 11:08am
Google's Android Wear and the Tizen operating system (OS) are waging a fierce battle with each other to secure an application ecosystem for wearable devices. With Apple's iOS joining the trend, the...
Jack Dorsey, co-founder and chairman of Twitter, posts in Korean to invite questions from the Korean public on November 18 in real-time during his visit to Korea.
Twitter Chairman Q&A
20 November 2014 - 10:55am
Twitter co-founder and Chairman Jack Dorsey, who visited Korea for the first time, had a live one-hour Q&A session with Korean users via Twitter on Nov. 18. The Chairman attributed Twitter's...


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