On Wednesday Qualcomm paid 260 billion (US$230 million) won levied on them in an antitrust charge by the Fair Trade Commission (FTC) of Korea.
Last July, the Korean antitrust watchdog fined Qualcomm for violating the …

A new fund for the media and telecommunications sectors that could be worth around 1.3 trillion won (US$1.12 billion) may be used to fuel smartphone and related wireless technologies, government and the ruling party officials …

KCC, the telecom regulator, asked Mobile WiMAX operators to submit an investment plan for WiBro or a Korean version. KT said it will increase its investment on WiBro over the next two years, while SK …

The government said Tuesday that it will inject 988.1 billion won (US$845.6 million) to fuel research and growth in the information technology (IT) sector this year.
The total represents a 6.1 percent gain from 931.3 billion …

South Korea plans to inject 400 billion won (US$341.1 million) by 2013 to help train quality information technology (IT) industry workers to sharpen its competitive edge, the government said Monday.
The Ministry of Knowledge Economy said …

Qualcomm, the world’s largest maker of mobile phone chips, said Monday that it will establish a research and development center with its South Korean partners in a bid to develop next-generation mobile technologies.
The center will …

Samsung Group said Friday that domestic and overseas investments for this year will reach 26.5 trillion won (US$23.61 billion), with the lion’s share going to its flagship unit Samsung Electronics.
According to a preliminary investment plan, …

The government said Thursday that it will spend 225.3 billion won (US$200.6 million) in the next five years to transform the industrial city of Daegu into a “global mobile cluster” that can strengthen South Korea’s …

Samsung Electronics refuted on Wednesday a local media report that it has agreed with Japan’s Sony to make a 3.45 trillion won (US$3 billion) investment in a liquid-crystal-display (LCD) joint venture.
“The report that Samsung is …

LG Group plans to increase its investments this year by 29 percent from a year earlier to 15 trillion won (US$13.35 billion), with its electronics unit to receive the lion’s share, the group said Tuesday.
LG …