south korea

Palantir Signs $20 Million Deal with S.Korea's Hyundai Heavy Industries

Palantir Technologies Inc announced on Wednesday it signed a deal valued at $20 million over five years to expand its partnership with South Korea’s Hyundai Heavy Industries Group, one of the world’s largest shipbuilding conglomerates. The conglomerate’s shipbuilding affiliates including Hyundai Heavy will use Palantir’s operating system, known as Foundry, to strengthen data-driven decision making, […]

S.Korea to Attend Preliminary Meeting of U.S.-Led Chipmaker Group

South Korea is expected to attend a preliminary meeting for a U.S.-led chipmaker group of major microchip manufacturers including Taiwan and Japan, South Korea’s foreign minister said on Thursday. Seoul’s participation in the preliminary meeting for the so-called “Chip 4” group could heighten the stakes for South Korea as it seeks to navigate the contest […]

Analysis: South Korea's High-Speed 5G Mobile Revolution Gives Way to Evolution

South Korea was the first country to launch a fifth-generation mobile network in 2019, heralding a warp-speed technological transformation to self-driving cars and smart cities. Three years on, the giddy promises are unfulfilled. Some 45% of the country’s people are now on 5G, one of the highest rates globally, after some $20 billion in spending […]

Biden visits Japan, South Korea Carrying Warning to China

Joe Biden will visit Japan and South Korea on his first Asian trip as U.S. president, carrying a clear message to China, advisers and analysts say – don’t try what Russia did in Ukraine anywhere in Asia, and especially not in Taiwan. Biden departs for the five day trip on Thursday, after spending several months […]

Kicking the China Habit: South Korea Hunts Tungsten Treasure

Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s seen better days, could be a catalyst for South Korea’s bid to break China’s dominance of critical minerals and stake its claim to the raw materials of the future. The mine in Sangdong, 180 km southeast of Seoul, is being brought […]

South Korea’s KFTC fines Google $177 million for market dominance

The Korean Fair-Trade Commission (KFTC) imposed on Tuesday a $177 million fine on Google after discovering that the search engine titan took advantage of its market status to prevent rival operating systems from competing in the market, putting the company at its second setback in less than a month.  According to the KFTC, Alphabet Inc’s […]

SK telcos scramble to address unhappy 5G customers

As headlines worldwide boast the power and opportunities offered by the rollout of 5G networks, a different reality is being mirrored on the ground.  South Korea, the first country to introduce 5G and one which boasts the largest mobile network, is experiencing customer-related issues across the board due to poor quality, slow connections, and a […]