KT Corp., a South Korean telecom giant, said Tuesday it will make millimeter wave (mmWave) 5G services available at a baseball stadium in a move to step up efforts to commercialize the technology. Although local mobile carriers offer 5G networks on the mid-band spectrum, they have yet to commercialize services on the high-band spectrum, also known as mmWave, which unlocks the fastest speeds on 5G. KT said it will showcase a range of 5G services that use the technology at KT Wiz Park in Suwon,

LG Electronics Inc. on Tuesday unveiled a new delivery robot that can serve both indoor and outdoor environments as the South Korean tech giant tries to expand its competitiveness in the robotics sector. LG introduced its indoor-outdoor delivery robot at the 18th International Conference on Ubiquitous Robots in Gangneung, some 240 kilometers east of Seoul. The four-wheel robot boasts enhanced mobility as it can self-adapt to terrain changes. The company plans to test run the latest robot at

New state guidelines and dispute arbitration panel aim to push platform operators such as Coupang to better protect small restaurant owners

A global shortage of automotive chips is expected to last through next year, while efforts to localize production are not advancing fast enough, a local auto industry think tank said Monday. The Seoul-based Korea Automotive Technology Institute, in a report, predicted the situation will slowly get better for automakers, starting in the second half of this year. But, the supply will remain constrained by 2022. A global lack of chips has forced many automakers to suspend car production, includ

SK hynix advances Samsung in development of new generation DRAM chips

LG Group’s materials and components maker LG Innotek managed to cut greenhouse gas emissions by 11 percent last year, from the previous year, the company said in a report released Monday. According to the firm’s 2020-21 Sustainability Report, it reduced emissions by an estimated 45,000 tons, which is equivalent to what 3.9 million trees would have absorbed over a year. In addition to that, the company was able to cut water usage by 7 percent from 2019, by expanding investment in

Kakao Mobility, the firm behind South Korea’s leading taxi-hailing service, Kakao T, announced Sunday that the company would allow drivers with good ratings from passengers to enjoy a better chance of getting booked. New contract terms will apply to taxi drivers who newly subscribe to Pro Membership, a paid membership program designed to help them pick up more passengers. Under the new terms, Kakao Mobility may deny membership to drivers with low ratings or boot existing subscribers if

South Korean drug firm GeneOne Life Science announced Thursday that the company will begin a phase 2a clinical trial of the company‘s self-developed DNA-based COVID-19 vaccine candidate GLS-5310. The phase 1 clinical trial, conducted at Korea University Guro Hospital with 45 participants, has produced positive results and was reviewed and confirmed by a data safety monitoring board, the firm said. A DSMB is a group of independent experts who monitor patient safety and treatment efficac

A class action lawsuit against SK Telecom, filed by a group of 5G mobile service users in South Korea, formally started Thursday, amid conflicting claims about the quality of the mobile service. In the lawsuit, 237 people who signed up for SK Telecom’s 5G service presented their case at the Seoul Central District Court through local law firm Serim. In February, the law firm recruited Korean 5G users who experienced problems with the service and wanted to join the class action suit. On

Samsung, LG, Sony introduce new earbuds with advanced ANC technology to catch up with Apple

Local bio company Huons Global has secured marketing rights for Russian COVID-19 vaccine Sputnik Light in South Korea, the company announced Wednesday. Huons Global will be in charge of the authorization procedure for the Russian vaccine. Huons could also apply for emergency use authorization from Korea’s Ministry of Food and Drug Safety, the company added. A consortium led by Huons Global will begin producing Sputnik V and Sputnik Light, starting in the second half this year. Sputni

LG Electronics said Wednesday its operating profit in the second quarter is estimated at 1.11 trillion won ($979.4 million), up 65.5 percent on-year. In a regulatory filing, the firm said its sales during the April-June period is likely to have reached 17.11 trillion won, an increase by 48.4 percent from a year earlier. The company’s quarterly operating profit would top 1 trillion for a second consecutive quarter, the earnings guidance showed. In the first quarter, the electronics gia

Hyundai Pharmaceutical announced Tuesday that it had filed an application for authorization to market an abortion pill in South Korea. Mifegymiso consists of one tablet of mifepristone and four tablets of misoprostol. Mifepristone, formerly RU-486, is known by the brand name Mifegyne in Korea. In March this year, Hyundai Pharm signed an exclusive agreement with Linepharma International to sell Mifegyne in the Korean market. If approved, Mifegymiso would become the first legal abortion pill

Shutdown system sparks a storm of controversies over Minecraft and Korea’s age-based restrictions on gaming

South Korea's ICT ministry said Tuesday the country reported 78 ransomware attacks in the first half of the year in the latest sign of growing cyberattacks. Ransomware is a type of malware that holds a target's data hostage or locks up its systems until a ransom is paid. It is not immediately clear whether the targeted companies paid ransoms to hackers in return for restoring access to their data. The latest figure represents a rising trend, compared with 22 in 2018, 39 in 2019 and 127 cases