SK Group said Wednesday it has launched a special committee for cybersecurity innovation, led by Chey Chang-won, chair of the group's top decision-making body, the Supex Council. The move comes as a follow-up to the recent hacking incident involving SK Telecom. The significance of the new committee, which will be the ninth subcommittee under the Supex Council, is underscored with Chey himself serving as chair. Yoon Poong-young, CEO of SK AX, formerly SK C&C, has been appointed vice chair and wil

Samsung Electronics on Tuesday unveiled the Galaxy S25 Edge -- its slimmest Galaxy S smartphone -- further expanding the latest Galaxy S25 lineup with a device that combines ultra-slim design with powerful artificial intelligence capabilities. Under the theme “Galaxy S25 Edge: Beyond Slim,” the tech giant introduced the new device through an online event at 9 a.m. via its official website and other social media platforms. The Edge has a width of just 5.8 millimeters, thinner than the Galaxy S25

Following the large-scale hacking incident involving SK Telecom’s USIM data, concerns over user information security have fueled a sharp uptick in embedded SIM -- eSIM -- adoption. The shift is providing a welcome boost to smartphone makers such as Samsung Electronics and Apple. According to industry sources on Monday, the number of SK Telecom users switching from USIM cards to eSIMs has surged nearly 40 times since the hacking scandal came to light on April 22. Although the mobile carrier annou

Korea’s top mobile carrier SK Telecom said Sunday it is introducing the new USIM reset solution that allows users to update specific USIM authentication data without physically replacing the chip. The technology alters part of the user identification and authentication information stored on the chip, leaving other user-saved data, such as mobile contact lists, prepaid transportation cards like T-money and mobile certificates, untouched. Unlike traditional USIM swaps, it eliminates the need to re

SK Telecom, South Korea’s largest telecommunications provider, confirmed on April 22 that its internal systems were breached in a hacking attack, raising concerns over a possible data leak involving universal subscriber identity module (USIM) cards. As public anxiety continues to grow, the company has rolled out a three-tier protection plan that includes an upgraded fraud detection system, its existing USIM protection service and free USIM card replacements upon request. Since the free replaceme

Donald Trump Jr., the eldest son of US President Donald Trump, held a series of closed-door meetings with around 20 business leaders from Korean conglomerates on Wednesday, during a private visit at the invitation of Shinsegae Group Chairman Chung Yong-jin. According to industry sources, Trump Jr. met with business figures including Hanwha Group Vice Chairman Kim Dong-kwan, Hanwha Life President Kim Dong-won, Hanwha Hotels & Resorts Vice President Kim Dong-seon, Lotte Corp. Executive Vice Presid

As Apple's foldable iPhone development gains momentum, Samsung Electronics finds itself facing more complex strategic situations. For Samsung, which has led the foldable smartphone market so far, the US archrival's entry represents both an opportunity to expand the market and the prospect of fierce competition over market share. For its sister firm Samsung Display, expectations are rising as it is set to exclusively supply foldable panels to Apple. According to industry sources on Wednesday, App

Samsung Display said Tuesday that it has unveiled a new brand identity for its quantum dot organic light-emitting diode technology, and is preparing to file a trademark application for it. The brand identity visualizes the letter “Q” from QD-OLED, incorporating a blue hue representing the blue OLED material and a gradient that symbolizes the technology’s expansive color spectrum. First introduced in late 2021, QD-OLED technology has been recognized for delivering superior picture quality compare

Korean IT solutions provider LG CNS said that on Monday, it achieved its highest-ever first-quarter sales and operating profit, driven by the accelerating adoption of cloud and artificial intelligence solutions across industries. Its first-quarter sales reached 1.21 trillion won ($840 million), an increase of 13.2 percent compared to a year earlier. Operating profit came in at 78.9 billion won, up 144.3 percent from a year ago. The IT solutions provider said its sales have continued to grow stea

As Google seeks regulatory approval to export high-precision map data from Korea, local IT giants Naver and Kakao are ramping up their efforts to reinforce their map services -- both in functionality and user experience -- in a strategic push to defend their home turf. “Google appears to be taking an aggressive stance. Coupled with the trade tensions sparked by the Donald Trump administration in the US, the situation has become challenging for local companies. Domestic map application developers

SK Telecom Chief Executive Officer Ryu Young-sang apologized Friday for the recent hacking incident involving the partial leakage of customers' universal subscriber identity module information, pledging to reinforce security measures and replace all customers’ USIM cards. “We sincerely apologize to our valued customers and the public for the significant concern and inconvenience caused by this incident,” Ryu said in a press conference at the company’s headquarters in central Seoul. “As an additi

LG Electronics said Thursday it has recorded its highest-ever first-quarter sales, driven by growth in its business-to-business sector, including the vehicle components and heating, ventilation, and air conditioning businesses. The tech giant reported sales of 22.74 trillion won ($15.9 billion) and an operating profit of 1.26 trillion won. This marks the first time the company’s first-quarter sales have surpassed 22 trillion won, setting a new record. LG’s first-quarter performance barely met lo

Donald Trump Jr., the eldest son of US President Donald Trump, is scheduled to visit South Korea next week on what will be his first trip to the country since the inauguration of the second Trump administration, according to industry sources Thursday. Trump Jr. is visiting at the invitation of Shinsegae Group Chair Chung Yong-jin, who reportedly extended the offer during a recent visit to Mar-a-Lago, President Trump’s private residence in Palm Beach, Florida. According to sources, Chung conveyed

LG Innotek said Wednesday it has logged the highest-ever first-quarter revenue, defying typical seasonal downturns thanks to robust sales of high-end camera modules, a rebound in demand for substrates used in semiconductors and displays, and favorable exchange rate conditions. The electronic component manufacturer posted 4.98 trillion won ($3.5 billion) in revenue for the January-March period, marking a 15 percent on-year increase. The figure exceeded the 4.45 trillion won consensus by local ana

Samsung Display said Wednesday it has become the first company in the industry to receive the prestigious certification for perceptual brightness validation from UL Solutions, a global safety science company. The True Bright certification measures the black luminance and the perceptual contrast length of displays, using the measurement method adopted as a standard by Semiconductor Equipment and Materials International. The technique was introduced earlier this year by UL Solutions. UL Solutions