South Korean web giants downed by datacenter fire
Kakao and Naver, two major South Korean internet service providers, experienced major service interruptions due to a datacenter fire causing infrastructure shutdowns.
The datacenter in question was operated by C&C, a division of South Korean conglomerate SK. The datacenter was responsible fo... Read more
Europe’s 5G rollout is trailing South Korea, Japan, and the US
According to an industry report, Europe is lagging behind global leaders in 5G adoption due to growing costs and the conflict in Ukraine.
As presented by a survey conducted by the GSMA, a mobile industry lobbying group, 5G network coverage in Europe is expected to reach 70% by 2025, up from 47% ... Read more
SK hynix to invest almost €11 billion in new chip factory
SK hynix plans to invest €10.9 billion in constructing a new chip factory in South Korea.
The construction of the M15X chip factory in the city of Cheongju will begin in October. The plant is scheduled to open in 2025. SK hynix is simultaneously drawing up construction plans for a later M17X e... Read more
Samsung to spend $15B to build a new advanced chip R&D complex
On Friday, Samsung announced that it intends to spend 20 trillion won (about 15 billion dollars) by 2028 to build a new advanced chip research facility in South Korea.
The new facility will be located at the company’s Giheung campus. According to the tech giant, it will be at the forefront of ... Read more
South Korean chip stockpile rises and threatens export
The semiconductor stockpiles in South Korea grew at the quickest pace since April 2016, threatening the export that produces the country's economic growth.
Recent reports show that the semiconductor stockpiles of South Korea have seen rapid growth for more than six years. As a result, bad signs ... Read more
Samsung chairman jailed for bribery
Samsung leader and vice-chairman Lee Jae-yong has been given a 2.5-year prison sentence for attempting to bribe former president Park Geun-hye. He allegedly tried to facilitate a merger between two business units.
According to ZDNet, Lee tried to bribe President Park to approve the merger of two... Read more
‘South Korea hacked North Koreans through 5 zero-day weaknesses’
Five Zero-Day vulnerabilities are said to have been used over the past year to hack targets in North Korea, according to researchers from the Google Threat Analysis Group. While Google itself makes no statements about who is behind the attacks, cyber security firm Kaspersky points to neighbouring S... Read more