Samsung Electronics' Tizen operating system (OS) will fade into the mists of history.The company announced on Jan. 12 that it closed down Tizen Store, an application market platform for Tizen OS, on Dec. 31 2021. The decision came six months after Tizen Store banned users from registering new ap
The Korea Communications Commission announced on Jan. 11 that Apple Korea submitted a plan on Jan. 7 for its compliance with the Telecommunications Business Act, which is to prohibit app market operators from forcing a certain way of payment in relation to developers.According to the plan, Apple Kor
An increasing number of governments are calling into question app market operators’ in-app payment policies. Under the circumstances, Apple in particular is raising its voice against the governments. According to experts, this is because Apple’s in-app payment fee revenue amounts to more than 30 tri
NCSoft’s massively multiplayer online role-playing game (MMORPG) Lineage W has started to strengthen its position as a global intellectual property (IP).Lineage W is the latest installment of the Lineage series and was produced for the global market from its planning stage. It was launched in 12 cou
Chinese cloud service providers are expanding their business in South Korea one after another with the market being led by Amazon Web Services. Under the circumstances, data sovereignty is becoming an important issue.Alibaba Cloud, which entered the South Korean market in 2016, is planning to open i
Samsung Electronics and Apple are preparing to launch tablet PCs that are much bigger than current models. The move is intended to expand table PC ecosystems by targeting a market segment for products with large screens.Samsung Electronics is preparing to launch the Galaxy Tab S8 Ultra with a 14.6-i
Google and Meta have announced their entries into the global smartwatch market in 2022.Samsung Electronics created the smartwatch market by launching the Galaxy Gear in 2013. Apple expanded the market with the Apple Watch series. The market has expanded as activity applications (apps), which detect
Google is taking advantage of the loopholes of the revised Telecommunications Business Act, while Apple is not responding at all to the law.According to industry sources, Google’s new payment policy becomes effective on Dec. 18 and then users can choose between Google’s in-app payment and third-part
WeMakePrice unveiled a new search screen on Dec. 13, saying it intends to evolve beyond social commerce into a meta-shopping platform. It plans to collect and analyze data on 700 million products (metadata) from 230,000 shopping malls with its own artificial intelligence (AI) technology to provide c
XSamsung was set up two months ago by entrepreneurs and financiers who worked for Samsung in the past. At present, the number of its members is more than 600, and they are running unicorns, heading major global companies and working for leading investment firms in Seoul, Singapore, New York, Silicon
The Ministry of Science and ICT announced on Dec. 7 that it prepared a guideline regarding the implementation of the revised Telecommunications Business Act. The revised act became effective on Dec. 10, 2020 and is applied to six large value added common carriers (VACCs) so that their services provi
Platform companies are continuing to object to the Bill on the Fairness of Online Platform Intermediary Transactions, which was tabled in January this year. The companies have claimed that the bill is yet another regulation, and the Korea Fair Trade Commission has claimed that the bill is something
A survey has found that Hyundai Motor Co. is the No. 1 brand that is searched on Google with “incorrect spellings.” Although the number of searches is increasing due to the increased brand interest in Hyundai Motor, many foreigners searched for the Korean automaker with an incorrect spelling due to
Thanks to recent steep growth in Korean investors' direct cross-border stock investment, the amount of foreign currency securities deposited with the Korea Securities Depository (KSD) has exceeded US$100 billion for the first time in history.According to the KSD, the amount of foreign currency s
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. 4Q21 server DRAM demand stronger than expected— On Dec 1, SEC stock reached KRW74,400, up 4.3% from the previous close but still down 10.4% from KRW83,000 on Jan 4. SEC is up only 8.1% from its 2021 bottom of K
Samsung Electronics vice chairman Lee Jae-yong returned home on Nov. 24 from a business trip to North America for the first time in five years.“I feel under heavy pressure after listening to the voices of our officials in the U.S. and seeing the harsh market realities in person,” Lee said, upon arri
Samsung Electronics has considerably narrowed its gap with Apple in the global smartwatch market thanks to the success of the Galaxy Watch 4 series.Samsung Electronics is ranked second after Apple with a 14 percent share in the global smartwatch market in the third quarter, said market research firm
Samsung Electronics vice chairman Lee Jae-yong met with Google CEO Sundar Pichai on Nov. 22 (U.S. local time) and discussed cooperation in new technologies, including system semiconductors, virtual reality, augmented reality and autonomous driving.Google is planning to use an application processor (
The author is a freelance journalist and Google News PR specialist. She can be reached at virginia.sagal.media@gmail.com. -- Ed. The South Korean government, led by liberal President Moon Jae-in, announced in July 2021 a new K-Deal that looks to invest more than 160 trillion won ($138 billion) in di
The author is a freelance journalist and Google News PR specialist. She can be reached at virginia.sagal.media@gmail.com. -- Ed. According to the US Bureau of Labor Statistics, total employment is expected to expand by 11.9 million jobs between 2020 and 2030, from 153.5 million to 165.4 million. Thi