South Korea

South Korean president backs constitution change to allow second term

The South Korean constitution should be changed to allow the president a second term in office, and the terms themselves should be longer, the incumbent Park Geun Hye said Monday.

Seoul: Failed rocket test shows "limits" of North Korean technology

A failed rocket test carried out by North Korea on Thursday demonstrates the "limits" of the communist country's technology, South Korean Defence Minister Han Min Koo said after talks with his US ...

Carter: North Korea would face US military might for nuclear attack

The US would respond with the "full spectrum of American military might" if North Korea were to undertake a nuclear attack, US Secretary of Defence Ashton Carter says following the latest failed...

Samsung promises suppliers compensation for scrapped Galaxy Note7

Samsung on Tuesday told component suppliers that they would receive compensation after the leading smartphone manufacturer ceased production of its Galaxy Note7 model, following cases of the...

South Korea's Hyundai gets ECB approval to open bank in Europe

Seoul (dpa) - South Korean carmaker Hyundai Motor Group announced Monday that it received approval from the European Central Bank (ECB) to open a new bank in Europe to offer car financing.

Samsung expects huge losses due to scrapping Note7 production

Samsung said Friday it expects massive profit losses through the first quarter of 2017 after pulling the plug on its problem-plagued Galaxy Note 7 smartphone.

Fitch: Samsung risks "long-term brand damage" from phone recall

Samsung faces the prospect of "long-term brand damage" over safety scares plaguing the flagship Galaxy Note 7 smartphone, the ratings agency Fitch said Thursday.

Samsung ends production of flagship Note 7 smartphone

South Korea's Samsung said it will no longer make its flagship Galaxy Note 7 smartphone, following a series of safety scares that have plagued the leading smartphone manufacturer.

Samsung suspends worldwide sales of Galaxy Note7

Samsung on Tuesday suspended global sales of its Galaxy Note7 smartphone with immediate effect and advised users to power the devices down and hand them in, after numerous reports of the phones...

Samsung smartphone crisis deepens as Note 7 production "adjusted"

South Korean tech giant Samsung is changing the production plan for its latest line of high-end smartphones, the company said Monday, as it struggled to contain safety problems that have already...

Samsung expects profit increase despite Galaxy Note 7 issues

Samsung announced Friday it expects a 5.6-per-cent rise in profits in the third quarter of 2016, despite recent problems with the company's flagship smartphone, the Galaxy Note 7.

Samsung buys Siri developers' start-up for own voice assistant

Tech giant Samsung announced Thursday its plan to buy Viv Labs, a start-up founded by the developers of the voice assistant Siri which is used by competitor Apple.

Plane evacuated in US after mobile phone smokes, makes popping noises

A Samsung Note 7 mobile phone overheated and began popping and smoking Wednesday aboard a Southwest Airlines jet just before takeoff, leading to an evacuation, news reports said.

Report: South Korea to buy 90 more German cruise missiles

South Korea is to purchase an additional 90 Taurus cruise missiles from Germany, state news agency Yonhap reported Tuesday.

Samsung's Note 7 phones go back on sale after recall

Samsung's flagship Galaxy Note 7 smartphones went back on sale in South Korea on Saturday, almost a month after the electronics giant was forced to undertake a worldwide recall of the devices due...