iPhone users in Europe to access Samsung Wallet as Apple lets rivals use tap-and-go payments

Apple has decided to open its tap-and-go mobile payments system to rivals in Europe, which will give iPhone users more choices beyond Apple Pay, such as Samsung Wallet and Google…

Kakao’s future uncertain as leader faces arrest

Korean messenger and app giant Kakao is facing growing doubts about its efforts to revamp its governance and business structure, as prosecutors have set their sights on Kim Beom-su, the…

Innospace strives to become space platform provider

Innospace, a local rocket startup, aims to grow into a leading space mobility platform company that sets the standard for the era of private space transportation, its founder and CEO…

Taihan suspected of stealing cable technologies from LS

LS considers lawsuit against industrial espionage Taihan Cable & Solution (C&S) faced a police investigation for alleged theft of LS Cable & System’s (C&S) technologies to produce high-voltage submarine cables,…

KASA R&D chief stresses collaboration for safe lunar exploration

John Lee, deputy administrator of the mission directorates at the newly launched Korea AeroSpace Administration (KASA), emphasized the need for the international community to strengthen collaboration for sustainable and safe…

Demand for cooling devices soars as summer heat arrives early

Samsung, LG, Coway operate plants at full capacity A 40-year-old man surnamed Park recently replaced his decades-old air conditioner with a new model. He opted for the latest energy-efficient model,…

LG Innotek gears up to turn vehicle sensor unit into $1.4 bil. business by 2030

LG Innotek is looking to grow its automotive sensor business to have a 2 trillion won ($1.4 billion) annual revenue by 2030, the company said Monday. “Based on the success…

All-solid-state battery touted as solution to repeated deadly fires

Fears grow over everyday use of batteries containing lithium By Park Jae-hyuk Battery manufacturers are facing growing calls to make safer products, as a local lithium battery plant fire killed 23 people…

HD Hyundai recognized for cybersecurity technologies for ships

HD Hyundai became the first Korean firm to receive approvals in principal (AiPs) from the world’s six largest ship classification societies for its cybersecurity technologies for ships, the company said…

SK, KT, LG compete in quantum cryptography at Quantum Korea event

SK Telecom, KT and LG Uplus introduced their core technologies in quantum computing at the Quantum Korea tech event, seeking new growth through technology that will be a future game changer in…