Page 31 - South Korea
S Korea's 5G user base reaches 16 mn in May as telcos expand application
South Korean mobile users on 5G networks reached nearly 16 million in May, new data has showed, as telecom operators seek to expand applications of the next generation networks
 "S Korea's 5G user base reaches 16 mn in May as telcos expand application")
Samsung Elec, affiliates fined $207 million over cafeteria contracts
The Korea Fair Trade Commission (KFTC) watchdog made the announcement on Thursday
 "Samsung Elec, affiliates fined $207 million over cafeteria contracts")
HCL Tech appoints leaders to expand in South Korea, Taiwan and Vietnam
The company has named Joonho Moon in South Korea, Terry Tai in Taiwan and Nguyen Ha Tuan in Vietnam to lead and drive growth in these geographies
 "HCL Tech appoints leaders to expand in South Korea, Taiwan and Vietnam")
North Korean cybercriminal group 'hacked' S Korean nuclear institute
Cybercriminals from North Korea allegedly hacked into South Korea's state-run nuclear research institute last month, the media reported
 "North Korean cybercriminal group 'hacked' S Korean nuclear institute")
LG likely to sell iPhones soon at its stores in South Korea: Report
As the South Korean tech giant LG exits the mobile business, it may soon start selling iPhones at its stores in the country, the media reported
 "LG likely to sell iPhones soon at its stores in South Korea: Report")
For Kia, the name is the game in India's hyper-competitive auto market
The Korean car-maker's rebranding just two years after entering India points to ambitions beyond cars
 "For Kia, the name is the game in India's hyper-competitive auto market")
PUBG maker plans to raise $5 billion in South Korea's largest ever IPO
The gaming company will sell more than 10 million shares at 458,000 won to 557,000 won apiece.
 "PUBG maker plans to raise $5 billion in South Korea's largest ever IPO")
S Korea logs over 500 new Covid cases amid accelerating vax drive
South Korea's daily new Covid cases bounced back to over 500 on Wednesday as health authorities ramped up the country's vaccination drive with a quarter of the population receiving one jab.
 "S Korea logs over 500 new Covid cases amid accelerating vax drive")
South Korean govt to foster parts suppliers for next generation cars
South Korea's top economic policymaker said the government plans to provide support to help around 1,000 auto parts makers transform into key suppliers of next-generation automobiles by 2030.
 "South Korean govt to foster parts suppliers for next generation cars")
South Korea reports 565 more Covid-19 cases, raising total to 147,422
South Korea reported 565 more cases of Covid-19 as of midnight Friday compared to 24 hours ago, raising the total number of infections to 147,422
 "Mcdonald's says S Korea, Taiwan operations hacked; customer info exposed")
LG Energy moves ahead on South Korea IPO that IFR says may raise $10-$12 bn
LG Energy and the Korea Exchange announced the application for approval of the previously flagged IPO on Tuesday, without mentioning its size
 "LG Energy moves ahead on South Korea IPO that IFR says may raise $10-$12 bn")
South Korea's first quarter economic growth faster than expected at 1.7%
South Korea's economy grew slightly faster than expected, thanks to a robust recovery of exports and facility investment, inching the nation's economic growth closer to the pre-pandemic level
 "South Korea's first quarter economic growth faster than expected at 1.7%")
Several downsides to economic cooperation between US and South Korea
The two countries are not truly committed to greening the global economy because their manufacturing and exports still depend on dirty energy
 "Several downsides to economic cooperation between US and South Korea")
S Korea's ruling party chief hints at Samsung scion Lee Jae-yong's pardon
The chairman of the ruling Democratic Party (DP) has hinted at the potential parole of Lee Jae-yong, the de facto head of Samsung Group
 "S Korea's ruling party chief hints at Samsung scion Lee Jae-yong's pardon")
Designer in South Korea creates 'Third Eye' for 'smartphone zombies'
Paeng Min-wook, 28, has developed a robotic eyeball he has dubbed "The Third Eye", which obsessive mobile phone users can strap to their foreheads so they can browse injury-free on the go
 "Designer in South Korea creates 'Third Eye' for 'smartphone zombies'")
North Korea accuses US of hostility for South Korean missile decision
North Korea said the US allowing South Korea to build more powerful missiles was an example of the US's hostile policy against the North
 "North Korea accuses US of hostility for South Korean missile decision")
South Korea aims to develop exascale supercomputer system by 2030
South Korea will beef up its high-performance computing infrastructure to establish an exascale supercomputing system by 2030, the country's science ministry has said
 "South Korea aims to develop exascale supercomputer system by 2030")
Retail traders frenzy lifts three of Asia's top-performing stock markets
The proliferation of cheap trading apps on smartphones and mobile devices remains a key catalyst for the trend
 "Retail traders frenzy lifts three of Asia's top-performing stock markets")
S Korea allows people who received first jab to go maskless from July
South Korea on Wednesday announced that people who have received the first dose of a Covid-19 vaccine will no longer be required to wear masks outdoors starting in July
 "S Korea allows people who received first jab to go maskless from July")
