Samsung Electronics said Wednesday it was selected by Dish Wireless, the fourth-largest telecom carrier in the United States, to jointly deploy a commercial fifth-generational network across the country. Samsung said it would become the second-largest network equipment supply deal in the US if signed, following a $6.6 billion contract with Verizon announced in 2020. The size of the deal was not ...

South Korea's central bank is expected to hike its key interest rate four more times by year's end considering its hawkish stance shown in the minutes of its latest rate-setting meeting, global investment bank JP Morgan said Wednesday. On Tuesday, the Bank of Korea (BOK) disclosed the minutes of its monetary policy board meeting on April 14, showing that its members called for further rate incre...

– With the strategic investment, Yanolja Cloud expands its hospitality solution lineup on the global front to cover the full-service hotel segment ranging from mid-sized hotels to large global chains – Yanolja Cloud aims to lead the digitalization of the global hospitality and travel industry with its SaaS technology and diversified product lineup SEOUL, South Korea , May 4, 2022 /PRNewswire/ ...

The Hong Kong and Singapore based tech talent agency is the first to accept cryptocurrency payments for its Recruitment and HR consulting services. SINGAPORE , May 4, 2022 /PRNewswire/ -- Techlinker Asia , a forward-looking tech talent and HR consultancy based in Hong Kong and Singapore , has been focused on tech talent recruitment in the Blockchain and Cryptocurrency sector. From i...

SEOUL, South Korea , May 4, 2022 /PRNewswire/ -- Pearl Abyss announced that the new "Co-op Rush" content has been added to Black Desert Mobile. Adventurers can also look forward to Black Desert 's plan to release jazz arrangements of its official soundtracks in celebration of International Jazz Day. Pearl Abyss Reveals Black Desert Mobile’s New Co-op Rush Content and Black Desert OST X Ja...

World's most visited destination for Lottie motion will use funding to expand its user base and design new products to make motion design accessible to anyone SAN FRANCISCO , May 4, 2022 /PRNewswire/ -- LottieFiles , the leading motion graphics platform for designers and developers, today announced a $37 million Series B funding round, led by Square Peg Capital , with additional partici...

The South Korean government Wednesday made public newly declassified documents on its first-ever formal meeting with North Korea since the division of the peninsula and other cross-border exchanges in the early 1970s, offering a glimpse into the beginning of a new chapter in tumultuous inter-Korean relations. The dossier included a transcript of a three-minute conversation between the South Kore...

South Korea's defense minister nominee on Wednesday vowed efforts to cement "cohesion" in the country's alliance with the United States and sharpen deterrence against North Korea's nuclear and missile threats. During a parliamentary confirmation hearing, Lee Jong-sup, a former three-star Army general, highlighted his vision of a "robust national defense and sturdy military based on science and t...

The South Korean performing arts scene has experienced a sharp rise in revenue thanks to the lifting of nearly all social distancing rules, like gathering limits, about two weeks ago, industry data showed Wednesday. The combined revenue of 2,051 theatrical plays, musicals, classical concerts and other performances reached 17.3 billion won ($13.7 million) from April 18 to Sunday, according to the...

South Korea's new COVID-19 cases fell below 50,000 on Wednesday as the government has lifted the outdoor mask mandate in the latest effort to return to pre-pandemic normalcy amid a downward trend in COVID-19 cases. The country reported 49,064 new COVID-19 infections, including 29 from overseas, bringing the total caseload to 17,395,791, according to the Korea Disease Control and Prevention Agenc...

Despite being at the top of the tables, Ulsan Hyundai FC will return to K League action this week licking their wounds. The K League 1 campaign will resume for all 12 teams on Thursday, the Children's Day holiday, after nearly a monthlong spring break. The league pressed pause while Ulsan and two other clubs, Jeonbuk Hyundai Motors and Daegu FC, played in the group stage of the Asian Football Co...

Test your knowledge of Korea with our weekly quiz on the language, culture, history or anything K-related. Answer: c Korean children have Christmas in the middle of the year -- on Children’s Day. On May 5 every year, children get special treats, which usually include presents, and go on family outings to amusement parks, zoos and the like. It has been a public holiday since 1975. There is no ...

South Korean logistics company Hanjin Transportation Co. said Wednesday it will strengthen its global business to nearly triple the segment's revenue in the next three years. The company said in a statement it is targeting to boost sales from the global business division to 1 trillion won ($789 million) by 2025 from 375.5 billion won in 2021. To that end, Hanjin will seek to establish a digital...

Sales of imported vehicles in South Korea fell 9.8 percent last month from a year earlier as chip shortages continued to affect vehicle production, an industry association said Wednesday. The number of newly registered foreign vehicles fell to 23,070 units last month from 25,578 units a year ago, the Korea Automobile Importers & Distributors Association (KAIDA) said in a statement. The three be...

Kakao Corp., the operator of South Korea's top mobile messenger KakaoTalk, said Wednesday its first-quarter net profit jumped by more than fivefold from a year earlier, due to one-off gains from the disposal of its stocks in a local crypto exchange operator. Net income reached 1.32 trillion won ($1 billion) in the January-March period, compared with 239.8 billion won the previous year, the compa...