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Reporter : Kim Bo-eun
Fri, July 1, 2022 | 05:31
HBO gears up to launch streaming service in Korea
Competition among streaming platforms here is set to intensify this year as HBO is expected to launch its own over-the-top (OTT) media service in the local market. HBO Max is the OTT service of U.S. entertainment giant WarnerMedia, which owns shows such as "Game of Thrones" and the "Harry Potter" series.
Massive IPOs lined up for 2022
The local KOSPI bourse is set to heat up with multiple weighty initial public offerings (IPOs) scheduled for 2022. More than a dozen companies worth over 1 trillion won plan to be listed.
SK hynix's Intel NAND acquisition pushes up stock
SK hynix's stock price is on a strong upward trajectory as it moves to close its multi-billion-dollar deal to take over Intel's NAND business.
Chinese foldable phone vendors challenge Samsung
Huawei unveiled its first foldable smartphone, Thursday, as one of the many Chinese smartphone vendors seeking to challenge Samsung Electronics' foldable models. Samsung in the past had reigned as the only smartphone manufacturer offering foldable models, since the launch of its Galaxy Z Fold in 2019. But Chinese brands such as Xiaomi, Oppo and Huawei have caught up, launchin...
Renault Samsung's Arkana named Spain's car of 2022
Renault Samsung Motors' XM3, known as Arkana in Europe, has been named Spain's car of 2022. A total 12 models of global car brands were finalists for the honor. The new Renault Arkana was honored by the title in the contest which marks its 50th year, securing 16.52 percent of votes, based on evaluations by Spain's auto industry reporters and ABC News viewers.
Hankook & Company begins new era under Cho Hyun-bum
Korea's tire giant Hankook & Company said Wednesday that Cho Hyun-bum, the younger son of Honorary Chairman Cho Yang-rai, has been appointed as the new leader of the group.
Samsung develops high-performance SSD for enterprise servers
Samsung Electronics said Thursday it has developed a new solid-state drive (SSD) for enterprise servers that offers data transfer speeds of up to two times faster than current devices and 30 percent enhanced power efficiency than the previous generation.
LG Display to feature flexible panels at CES 2022
An LG Display employee tries out the display maker's "virtual ride" product, which integrates a large, flexible, organic light-emitting diode (OLED) display panel and an exercise machine. The product, incorporating three 55-inch OLED panels, provides users with an immersive experience, the company said. LG Display is set to present the product, among others, next month at the...
Carbon neutrality, electricity bill freeze exacerbating KEPCO's snowballing debt
The price freeze on electricity announced earlier this week is set to add to the snowballing debt of the state-run Korea Electric Power Corp. (KEPCO), at a time electricity generation has become increasingly expensive as the government has accelerated the shift to eco-friendly power.
LG's Koo Kwang-mo to focus on offering mind-blowing experiences for customers
LG Group Chairman Koo Kwang-mo has kept a low profile since he took helm of the group in 2018. But in rare messages to employees that have been made public, he has continued to emphasize the need to cater to customers' needs.
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