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[Courtesy of LG Electronics] SEOUL -- LG Electronics Inc. plans to relocate its Korean smartphone production line to Vietnam in a bid to cut costs for its money-losing mobile business, industry sources said Wednesday. The South Korean tech firm will phase out its Pyeongtaek factory, south of Seoul, by the end of this year, getting ready to shift the production line to Hai Phong, a northern Vietnamese city where other LG affiliates operate factories. "As LG Electronics has c
[AP/Yonhap News Photo] SEOUL -- To respect the evaluation feedback from early reviewers, Samsung Electronics put off the scheduled shipment of its foldable smartphone, Galaxy Fold, this week in the United States due to problems found with the folding screen and related mechanism. There have been negative comments from some early reviewers, including journalists, mainly in the United States, who claimed that the expensive new device broke after just a few days of use. Samsung has re
[Courtesy of SK Telecom] SEOUL -- South Korea's top mobile carrier, SK Telecom, is receiving joint offers from foreign video platform operators as it seeks to build an integrated over-the-top (OTT) platform that could compete with Netflix. "There are a lot of joint offers from foreign video platform operators," SK Telecom (SKT) CEO Park Jung-ho told reporters on Monday. "If realized, user options will be expanded," he said without disclosing any names.
[Courtesy of LGU+] SEOUL -- South Korean mobile carrier LGU+ has started a nationwide wireless network service for internet of things (IoT) devices that is faster and more power efficient than the company's previous IoT network service. Because IoT devices such as webcams, smart home appliances and air quality sensors are connected to a network all the time, IoT networks provided by telecom companies are generally low-speed. LGU+ launched a nationwide NB (narrowband)-IoT netwo
[Reuters / Yonhap Photo] SEOUL -- Chinese tech giant Huawei will open a 5G technology lab in South Korea in an apparent bid to collect data in a country which has moved aggressively to establish a nationwide 5G network for the first time in the world. "Huawei will open a 5G technology lab in South Korea in May," a Huawei official told Aju News. The date was not fixed, but the official said that Huawei has tried to establish three 5G technology labs in Asia, Europe and th
