An LG CLOi Servebot, a delivery robot developed by LG Electronics, delivers medicine at a hospital in Yongin, Gyeonggi province. The company said Tuesday it supplied seven CLOi robots to aid medical staff by carrying out tasks such as delivering medications and medical equipment, guiding visitors and making late-night security rounds.

Project will mark the single largest foreign direct investment in the history of Tennessee state

South Korean memory chip manufacturer SK hynix has reached a compromise with Yeoju city over a dispute surrounding the chipmaker's right to use freshwater for new fabrication plants in Yongin, Gyeonggi Province, the government announced Monday. The settlement, with a memorandum of understanding signed on Monday at the National Assembly, opens the doors for SK hynix to proceed the chip cluster project as planned by 2027 on the 4.15 square-kilometer site, which would cost at least 120 trillion won

Ryu Young-sang (left), chief executive officer of South Korean mobile carrier SK Telecom, poses for a photo with NTT Docomo CEO Motoyuki Ii at a signing ceremony on Friday in Seoul. SK Telecom announced Monday it has signed a memorandum of understanding with its Japanese counterpart to seek a strategic partnership in the fields of the metaverse, sixth-generation telecommunication infrastructure and media content development.

South Korean game developer Nexon said Monday it has become the largest shareholder of US production company Agbo, co-founded by Anthony and Joe Russo, the directors of Marvel’s global megahits. After initially investing $400 million to acquire 38 percent of Agbo’s shares in January, Tokyo-listed Nexon recently invested an additional $100 million to acquire 11.21 percent. The latest acquisition made the game developer the No. 1 shareholder of the US firm, with 49.21 percent of its sh

AbleGamers Charity founder says Asian game developers have a lot of room to improve accessibility for all

Chief development officer at Krafton’s US independent game studio sees promise in Korea’s passionate video game industry

BUSAN -- Game developer Neowiz is hoping to take the lead and set an exemplary case for Korean console games on the global stage with its awards-winning title Lies of P. “(For Lies of P) we really received good feedback at Gamescom including good graphics, high level of completion, no bugs, smooth play and great optimization of the frame,” said Choi Ji-won, the chief producing director of Lies of P in a press conference held Thursday on the sidelines of G-Star, South Korea’s bi

South Korean tech giant Samsung Electronics was ranked the highest in United Kingdom-based market research firm YouGov's annual Global Best Brand Rankings in 2022, data showed Sunday. Of 380 brands in 38 markets including the United States, the UK, China, India and South Korea, Samsung scored 127 points overall to take the top notch, followed by Google's 106 points, YouTube's 85 points, Netflix's 59 points and Shopee's 51 points. The score was based on YouGov's esti

With over 250,000 visitors expected, S. Korea’s largest gaming convention takes place at BEXCO in Busan from Thursday to Sunday

The Ministry of Science on Friday suggested a slew of ideas such as tax reductions for over-the-top, or streaming, content producers to expand the South Korean content business and boost its global competitiveness. The government said the support will foster high-quality, exclusive content production on domestic platforms as well as emerging media businesses involving the metaverse and content creators. "We will turn the nation's content industry into an engine for the country's g

Microsoft CEO Satya Nadella on Tuesday met with chiefs of SK Group, South Korea’s second-largest conglomerate, and NCSoft, the country’s game giant, to discuss future cooperation. According to industry sources familiar with the matter, Nadella sat down with SK Group Chairman Chey Tae-won, SK Square CEO Park Jung-ho and NCSoft CEO Kim Taek-jin in Seoul. The Microsoft chief’s meeting with SK leaders was a sign of the continued partnership between the two sides. In 2019, Park, who

Kwon Hyuck-bin, founder of South Korea’s gaming giant Smilegate and the nation's fifth richest person in terms of asset value, is going through an expensive divorce, according to legal sources Tuesday. Kwon’s wife was recently ruled in favor of her claim banning her husband from selling company shares until the divorce is finalized. Kwon controls 100 percent shares of Smilegate that is best known for its popular shooting game “Crossfire.” If the court orders Kwon t

Dutch chip equipment giant's new W240b facility in S. Korea to be completed by end of 2024

South Korean researchers have developed a portable virus killer that uses ultraviolet rays to take out COVID-19 in a second, the Korea Railroad Research Institute said Monday. According to the KRRI, the newly developed anti-virus equipment weighs 1.8 kilograms, making it easy for workers to carry it around public transportation such as subways and trains. As the UV ray-using virus killer does not have a risk of fire or leave residue, the KRRI said it can be used for disinfection work in places w