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(LEAD) Stage X picked as new mobile carrier in S. Korea

SEOUL, A local consortium was selected as the new operator of the 28 gigahertz (GHz) band of the fifth-generation network (5G) in South Korea on Wednesday, the science ministry said, becoming the country’s fourth mobile carrier.

Stage X, a consortiu…

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Samsung CandT Q4 net profit down 14.2 pct to 571.3 bln won

SEOUL, Samsung CandT Corp. on Wednesday reported its fourth-quarter net income of 571.3 billion won (US$428.1 million), down 14.2 percent from a year earlier.

The company said in a regulatory filing that operating income for the October-December per…

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LG HandH remains in red in Q4

SEOUL, LG HandH Co. on Wednesday reported its fourth-quarter net loss of 120.4 billion won (US$90.2 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that operating profit for the October-December perio…

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