Korea Exchange gave Kakao, which is listed on the second-tier stock market, a nod of approval for entry into the main bourse Monday, 40 days after the company applied for the change.Stocks of Kakao showed a tepid response Tuesday upon the news released after Monday’s market closing. Kakao closed at 98.300 won ($85.40) Tuesday, down 1.11 percent from the previous day.The operator of mobile messenger KakaoTalk and web portal Daum said in a disclosure it would begin the procedure of relisting on th

South Korean mobile game publisher Gamevil and its subsidiary Com2uS said Tuesday that they have established joint venture companies in Europe and Southeast Asia to better buttress their growth in the region.　The two companies have formed Gamevil Com2uS Europe in Germany and Gamevil Com2uS Southeast Asia in Singapore by transforming Gamevil’s existing offices in the region into jointly invested and operated ventures.　According to a Gamevil representative, the move is aimed at improving the two c

The world’s biggest memory chip provider Samsung Electronics announced Tuesday the company had officially started operation of its newest semiconductor fabrication line in Pyeongtaek, Gyeonggi Province, along with 37 trillion won ($32.2 billion) worth of investment plans by 2021. The new line is the largest single fabrication line in the entire industry. It took about two years of construction after breaking ground in May 2015 with a total of 15.6 trillion won worth of investment. The facility w

LG Electronics said Monday it will release the 290-gram tablet PC G Pad starting Tuesday, the lightest tablet PC among products with similar specifications. The company likened the weight of the newest G Pad IV 8.0 FHD LTE to a can of coke, saying it would provide high convenience for consumers and students. According to LG, the fourth version of the G Pad has the lightest weight compared to similar-size LTE tablet PCs by Apple and Samsung Electronics. The latest Galaxy Tab S3 weighs 434 grams.

The new mobile age has disrupted the way people consume media, as millennials turn to laptops and mobile devices to stream video content and browse posts on platforms like YouTube, Facebook and Twitter.　This technological transition has posed new challenges to traditional TV broadcasters while making way for the rise of new players specializing in mobile-friendly content targeting the young, mobile-savvy generation.　And these so-called “mobile broadcasters” are increasingly gaining traction in S

South Korea will host an event to celebrate the global launch of “Starcraft: Remastered” this month, the game’s developer Blizzard Entertainment said Monday.　The event will take place at Gwangalli Beach in the coastal city of Busan on July 30, two weeks before the official release of the new game designed as a high-definition remake of the PC strategy game “Starcraft.” (Blizzard Korea)Some key highlights of the upcoming event include the first-ever live e-sports match of “Starcraft: Remastered”

South Korea ranks sixth in the world in terms of the smartphone penetration rate this year, data by Statistics Analytics showed.In terms of the number of smartphone users compared to the nation‘s population, the penetration rate was expected to reach 77.7 percent for Korea.According to the Science Ministry here, a total of 47.4 million Koreans are registered to use smartphones. The figure includes those registered to more than one account.

Samsung Electronics announced it will launch refurbished Galaxy Note 7 smartphones this Friday. Samsung Galaxy Note Fan Edition (Samsung Electronics)Named “Galaxy Note Fan Edition,” the upcoming model is made of parts of recalled Galaxy Note 7 smartphones due to the battery explosion problems last year. Batteries of the recollected products are replaced with new ones, while software programs are updated to the same user experience level of the latest flagship Galaxy S8, the company said. The Bix

Samsung Electronics is poised to become the world’s largest semiconductor provider in terms of sales in the second quarter, beating US-based Intel for the first time in 24 years, according to global financial sources Sunday. Japan’s Nomura Securities said in a recent report that Samsung is expected to post $15.1 billion of second-quarter sales for its chipmaking business, exceeding US-based Intel’s estimated $14.4 billion of sales. If the forecast is accurate, the South Korean chipmaker would be

Samsung SDI will enhance technological developments for next-generation materials in preparations for the upcoming “fourth industrial revolution” moves, the company chief said on Friday. Samsung SDI CEO Jun Young-hyun emphasized developments of “incomparable” technologies that will lead the global battery market at a ceremony held to mark the company’s 47th anniversary.“We will enhance our technologies that will be second to none,” Jun said. Caption: Samsung SDI CEO Jun Young-hyun (middle) and e

Nearly 80 percent of South Korean salaried workers expect their jobs to be affected in some way by the "Fourth Industrial Revolution," a survey here showed Friday. In a poll conducted by Hunet, a local education company, 75 percent of 691 salaried workers replied that the industrial wave will have an impact on their work environment. But only 17 percent of the respondents said they were familiar with the Fourth Industrial Revolution and how it would change the overall economy. The industrial rev