Page 11 - One Store News Today

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Media watchdog to investigate Googles alleged abuse of Android Auto app Posted : 2021-05-16 15:17 By Kim Hyun-bin Koreas top media watchdog is investigating allegations that Google violated the countrys Telecommunications Business Act by blocking non-Google Play users from accessing the Android Auto application. This comes just months after Google came under fire for announcing plans to charge a 30 percent commission on in-app purchases in Korea. Android Auto is Googles vehicle infotainment p...

News Analysis Robert Clark 4/15/2021 SK Telecom is to spin off its non-core businesses to maximize the value of its chip and digital services investments. The Korean operator said Wednesday the restructure would allow its businesses to be "properly valued" in the market. Under the plan it would set up a holding company to contain its investment in memory chipmaker SK Hynix and its e-commerce, security and other businesses. Measure twice: SK Teleco...

SKTs spin-off plan boosts stock price

New ICT biz, IPTV drives SKT, LG Uplus earnings Posted : 2021-02-03 16:03 By Kim Bo-eun New businesses in information and communication technology (ICT) drove earnings of SK Telecom in 2020, the company said Wednesday; while LG Uplus IPTV and broadband internet business contributed largely to its earnings for last year. SK Telecoms operating profit reached 1.35 trillion won, up 21.8 percent year-on-year ― the portion from new ICT businesses including media and e-commerce accounted for 24 p...

SKTs One Store on track for IPO

[Reporters notebook] Platform giants may need to rethink strategy Posted : 2021-01-14 13:16 By Kim Bo-eun An image of Google Play store / Courtesy of GoogleThe departure of Google Korea CEO John Lee and the appointment of new chief Kim Kyoung-hoon is drawing attention back to the controversy surrounding the Google Play stores fee policy. Beginning this year, Google will charge all app developers a 30 percent fee on payments made by customers to them via Google Play. Currently, only mobile ga...