For tech companies, NFTs are still seen as a good bet

Tech companies jumping into non-fungible tokens (NFT) despite the market weakening since earlier this year. In an attempt to attract consumers to the NFT market, tech companies in and outside of Korea are trying to make it easier ...

2022-08-10

KT reports Q2 net profit of 363.4 billion won, a 2 percent decline on year

KT on Wednesday reported a net profit of 363.4 billion won ($277.3 million) for the second quarter, a 2 percent decline on year. The figure fell short of the 375.3 billion won analyst forecast compiled by FnGuide.

2022-08-10

LG Twins climb up to second as Kiwoom Heroes' slide continues

After a month of no movement at the top of the KBO, last week brought some drama as the LG Twins rode two strong outings up up to second place, pushing the struggling Kiwoom Heroes down to third with just two wins in the last 10 games.

2022-08-08

Phone companies form a credit-scoring joint venture

The three telecom companies in Korea — SK Telecom, KT, and LG U+ — will set up a 25-billion-won ($19-million) joint venture to enter the credit assessment business.

2022-08-04

SSG Landers extend lead at top of KBO as Kiwoom Heroes start to slip

The SSG Landers extended their lead at the top of the KBO table to seven games last week, winning back-to-back series as the second-place Kiwoom Heroes started to slip.

2022-08-01

KT teams with Medi Plus Solution for business in Vietnam

KT signed a memorandum of understanding (MOU) with Medi Plus Solution, local healthcare company, to enter the Vietnamese digital healthcare market.

2022-07-20

[THINK ENGLISH] KT의 ‘이상한 변호사 우영우’, 넷플릭스 천하에 도전하다

KT Studio Genie is giving Netflix a taste of its own medicine with "Extraordinary Attorney Woo.“ The original series is No. 1 on the Netflix weekly chart of non-English-language dramas. It is the first time for a local TV series produced by a...

2022-07-20

LG U+ wins auction for 5G spectrum band

LG U+ won an auction for an additional 20 megahertz (MHz) spectrum band for its 5G network, according to the ICT ministry Friday. It was the sole bidder.

2022-07-15

KT's 'Woo' might be Korea's answer to Netflix dominance

The original series is No. 1 on the Netflix weekly chart of non-English-language dramas. It is the first time for a local TV series produced by a company other than Netflix to top the list.

2022-07-14

Tving and Seezn will merge to form Korea's largest streaming service

CJ ENM and KT will merge Tving and Seezn to form the biggest domestic streaming service, each company announced Thursday. CJ ENM and KT each held board meetings Thursday to discuss the merger of the two services, and the decision was reached...