Korea’s national immunization program cites economic inefficiency in leaving men out of HPV virus vaccination

Nexon said Sunday its latest mobile role-playing game V4 will be a turning point in the market with increasing fans of the seamless combating experience enjoying duets on its unique server system. Standing for “Victory For,” V4 is a classic MMORPG with characters whose looks can be customized. Since its launch in November, the game has topped game rankings by revenue. On Nov. 9, it rose to become the bestselling app on Apple’s App Store, and as of Sunday, it was in third place

South Korean tech companies said Sunday they are gearing up for the Consumer Electronics Show 2020 in Las Vegas slated for January, making all-out efforts to showcase how far their artificial intelligence technologies have advanced with the ability to make life much easier. LG Electronics is putting its AI platform ThinQ at the forefront of its exhibition at the event with a plan to introduce a seamless lifestyle with the help of advanced solutions making users feel homey anywhere. Under the mai

Indian automaker is reportedly working on W230b fund injection for ailing local unit

Hyundai Glovis, a logistics arm of Hyundai Motor Group, will strive to expand its logistics business via global network it has established this year, as well as make a “quantum jump” by penetrating into new markets in 2020, according to the firm. Under the 2020 vision, Hyundai Glovis said it will expand its non-subsidiary logistics business in the next year to step up as a global logistics firm. This year alone, Hyundai Glovis has clinched three partnerships with Chinese fi

Egon Zehnder’s Korea chief cites importance of adding flexibility in choosing leaders

A British court ruled against Seoul's request to nullify an international ruling over a failed takeover of Daewoo Electronics in a decision that reaffirmed a hefty 73 billion-won ($63 million) compensation payout by the government.The High Court of Justice in England did not accept the South Korean government's request to cancel an arbitral tribunal case involving Iran's Dayyani family and the Republic of Korea, the Financial Services Commission said in a written statement.The legal dispute date

Korea Shipbuilding & Offshore Engineering Co. said Saturday it plans to set up a joint venture to build engines with Saudi Aramco in March next year in the latest move to strengthen their cooperation.The JV will break ground for the plant in the King Salman International Complex for Maritime Industries and Services in the kingdom's eastern coast in September 2020, and the project is set to be completed in May 2022, according to the sub-holding company that governs shipbuilding units of Hyund

Japan on Friday partially lifted curbs on exports to South Korea of a chip material, one of three products subject to recent restrictions, in an apparent goodwill gesture ahead of a trilateral summit with Seoul and Beijing next week. But Seoul said that while it represents partial progress, it falls short of being a fundamental solution to the neighboring country's export curbs. Under the move, Japan will ease regulations on exports of photoresist to South Korea with limited regulations, Japan's

LG Uplus Corp., a major telecommunications company in South Korea, said Friday it has signed a deal to sell its payment gateway business to local fintech firm Viva Republica Ltd.Under the agreement, LG Uplus will first spin off its payment gateway business and sell its entire stake in the unit to Viva Republica by the first half of 2020. The company didn't disclose the value of the deal, but the deal is said to be worth some 365 billion won ($314 million).A payment gateway is an online payment s

Korea Aerospace Industries has delivered two KUH-1 helicopters developed based on the Surion to the Korea Coast Guard, the company said Friday. The police helicopters will be deployed to the East Sea and the Korea Coast Guard at Jeju Island on Tuesday and will enter into service early next year. The new helicopters have added a variety of advanced mission equipment to maintain maritime security to crack down on illegal fishing, search and rescue and prevent marine accidents, KAI said. For t

Huawei Technologies Co. has no plan to do business in North Korea, a company executive said Friday, emphasizing that the Chinese tech firm is fully committed to complying with international laws and regulations. Karl Song Kai, Huawei's vice president who leads its corporate communications department, said the company has no business ties with North Korea and doesn't plan to start doing business there. "We are not considering doing business in North Korea," Song said at a media event in

Auto giant reveals teaser image for mobility vision

The ownership transition of Grand Hyatt Seoul, a landmark hotel located in central Seoul, has successfully been completed, Hyatt Hotel Corp.’s exclusive real estate selling agent Jones Lang LaSalle said Friday.Acquiring the 41-year-old, five-star hotel building was a consortium led by Hong Kong-based investment firm PAG and Seoul-based Inmark Asset Management.The duo had been picked as the preferred bidder by Hyatt Hotel Corp. in August and signed a stock purchase agreement in October. Bui

Telecom firm KT said Friday it will launch a subscription-based 5G cloud gaming service in South Korea starting March, exclusive for its 5G users.The first 10,000 KT users to download the game streaming app will be given a two-month free trial period to play some 50 games on the app. A thumb-sized detachable mini joystick developed by Motion Queen, will be given out to them for free, allowing for an immersive gaming experience without requiring a Bluetooth connection, KT said. The company is the