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Media watchdog to investigate Google's alleged abuse of Android Auto app Posted : 2021-05-16 15:17 By Kim Hyun-bin Korea's top media watchdog is investigating allegations that Google violated the country's 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 Google's vehicle infotainment platform used by most local carmakers, such as Hyundai Motor, Kia and Renault Samsung. But Google...
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 Telecom is separating its telecoms business from the others. CEO Park Jung-ho foreshadowed the move at las...
SKT's 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 Telecom's 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 percent of the total. "SK Telecom saw even growth in all business areas including its five new ICT...