Korean LCCs boost travel demand to global tourist hubs

South Korean low-cost carriers (LCCs), including Air Premia Inc. and Air Busan Co., have been expanding into underserved smaller cities, but also dr...

LG Uplus, Nokia validate 6G cloud tech

South Korea's LG Uplus Corp. announced on Friday that it has verified 6G cloud technology in collaboration with Nokia.This technology enhances the s...

KT develops network diagnostic solutions

South Korea's KT Corp. has developed a solution called "DX Care" that allows for easy and fast diagnosis of corporate intranet quality issues. KT's ...

Incheon Airport’s cumulative passengers surpass 800 mn

Incheon International Airport, which opened in 2001, has surpassed a cumulative total of 800 million passengers. Incheon International Airport Corpo...

KT to cooperate with Mongolian gov't on DX techs

South Korea's telecom service provider KT Corp. disclosed on Monday its plans to collaborate with the Mongolian government to usher in a digital tra...

S.Korea's Jeju Dream Tower Casino exceeds $7.6 mn in net monthly sales

Jeju Dream Tower Casino, located on South Korea's top tourist island of Jeju and run by Lotte Tour Development Co., broke the 10 billion won ($7.6 m...

S.Korea seeks to restore volume of int'l flights to pre-COVID-19 levels

Resuming flights from Incheon International Airport to and from Prague, Czech Republic, and Zurich, Switzerland, to expand its air traffic, South Ko...

LG U+, Plana jointly research data transmission tech for urban air mobility

South Korea's LG Uplus Corp. and Plana, a domestic startup for urban air transportation (UAM) craft, have signed a business deal on joint research o...

SK Telecom, Nokia demonstrate Korea's first open RAN base station

SK Telecom Co. said on Tuesday that it verified jointly with Nokia the stable 5G speed and coverage performance in a field test by installing a clou...

KT builds hyper-connected R&D network KOREN data site

KT Corp. said on Monday that it will start operation on Jan. 5 after completing the construction of KOREN data lake portal site, which provides vari...

Korea's int'l passenger traffic exceeds domestic for 1st time since pandemic

The volume of international passengers in South Korea has exceeded that of domestic flights for the first time since the outbreak of the COVID-19 pa...

Samsung Foundry: Driving force behind digital transformation

As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...

Samsung fast-forwards digital transformation of its chip business

South Korea's Samsung Electronics Co., the world’s largest memory chipmaker, is accelerating its digital shift to better respond to the changi...

KT showcases AI-powered robots, traffic control program at tech fair

KT Corp., a major South Korean telecommunications company, unveiled its new digital transformation services using artificial intelligence, big data ...

Korean Air surprises market with highest quarterly profit in 5 years

Korean Air Lines Co. (KAL) surprised the market on Friday by posting its highest third-quarter operating profit in five years, boosted by strong dem...

HMM rakes in record quarterly profits on higher freight rates

HMM Co., South Korea’s largest container line, posted fresh record sales and profits in the third quarter, boosted by higher freight rates and...

Korean Air credit outlook raised, passenger traffic set to return

The credit rating outlook for Korean Air Lines Co. (KAL) and its parent Hanjin KAL Corp. has been upgraded amid expectations that passenger flights ...