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KOREA'S LEADER IN NEWS SERVICE
Yonhap News Agency plays a central role in the Korean press by delivering news and information to its customers in various parts of the world, as well as to newspapers, broadcasting firms, government agencies, business organizations and Internet portals on a real-time basis.
Yonhap's news service provides some 3,000 multimedia news items each day covering politics, the economy, society, culture, entertainment, sports, science, and other topics, helping readers access news from the global village.
Yonhap has 580 journalists and photographers posted at the Seoul head office, regional offices and overseas bureaus, comprising the largest news-gathering network in Korea.
Under a 2003 law passed by the South Korean parliament, Yonhap has been charged with promoting the country's image and distributing information -- a task deemed critical to addressing the domination of information by major Western news media.
Yonhap dispatches news and information to international media organizations in foreign languages to help the international community access clear and accurate information on the Korean Peninsula. Yonhap's foreign-language news service is distributed in English, Chinese, Japanese, Arabic, Spanish and French.
Launched in 1981 with the merger of several commercial news agencies, Yonhap keeps its customers abreast of the latest news and information by sending out fast, reliable reports.
In 1988, Yonhap became the first of the Korean press to establish an electronic system for writing and releasing news articles to its clients.
With state-of-the-art equipment and a superior workforce, Yonhap successfully undertook its role as the key news agency for the 1988 Seoul Olympics, the 2000 Asia Europe Meeting (ASEM) in Seoul, the 2002 Korea-Japan FIFA World Cup and the 2005 summit of the Asia-Pacific Economic Cooperation (APEC) forum.
PROVIDING NEWS TO OVER 70 FOREIGN NEWS AGENCIES
Yonhap currently has over 60 correspondents and local stringers in 39 major cities in 31 countries worldwide including Washington, New York, London, Tokyo and Beijing to cover stories not only on Korean affairs, but also other international issues from the Korean perspective. Under a mid-and long-term plan, Yonhap will increase the number of overseas correspondents to 100.
Yonhap maintains contracts for the exchange of news services with over 70 global news agencies, including such major news companies as the Associated Press, Reuters, United Press International, Agence France-Presse, China's Xinhua News Agency, Japan's Kyodo News Agency, Deutsche Presse Agentur of Germany and Itar-Tass of Russia.
Yonhap also provides North Korean news under a contract to exchange news services with the Korean Central News Agency (KCNA) of North Korea, signed in December 2002.
WINDOW TO KOREA
Yonhap is a channel for foreign readers to get real-time information and news on Korea in English, Chinese, Japanese, Spanish, Arabic and French. The multi-language news service is very meaningful as the country is on the verge of becoming an advanced nation.
Yonhap's English-language news service reaches over 70 news agencies worldwide. In addition, international organizations, 160 government overseas missions and Internet users access the service via Yonhap's Web site.
LARGEST PROVINCIAL COVERAGE NETWORK
Of all the local dailies and broadcasters based in Seoul, Yonhap boasts the largest number of reporters covering provinces.
Over 140 reporters posted in 13 major provincial cities write articles that help narrow the information divide between Seoul and provincial cities, balancing regional development and promoting unity.
HISTORY OF YONHAP NEWS AGENCY
1980 - Dec. 19 Yonhap is launched through the merger of Hapdong News Agency and Orient Press.
1981 - Jan. 4 Publishes its first edition of news services.
- Jan. 12 Begins releasing domestic economic news to foreign subscribers.
- Jan. 19 Starts providing news services to Korean ships at sea.
1981 - May. 1 Begins publishing Yonhap Yearbook and Monthly.
- Aug. 6 Launches the Korea Annual, an English-language almanac.
- Sept. 11 Signs a news exchange contract with news agencies of ASEAN member countries.
1983 - July. 1 Signs a news exchange contract with AP Telerate.
1986 - March. 10 Signs a news exchange contract with DPA of Germany.
- Sept. 20 Serves as the key news agency for the Seoul Asian Games.
1987 - Feb. 12 Holds a groundbreaking ceremony for its 12-story headquarters building in Susong-dong, Jongno-gu, Seoul.
1988 - July. 31 Dedicates its head office building.
- Aug. 1 Computerizes its news delivery system.
- Sept. 17 Serves as the host news agency for the Seoul Olympics.
- Oct. 27 Signs a news exchange contract with Hungary's MTI news agency.
1989 - Jan. 4 Begins providing English news services to 50 overseas Korean diplomatic missions.
- March. 16 Signs a news exchange contract with ITAR-TASS of Russia.
- May. 16 Signs a news and photo exchange contract with Xinhua News Agency of China.
1990 - Feb. 6 Signs a news exchange contract with Poland's PAP.
- Nov. 5 Signs a news exchange contract with Mongolia's Montsame.
1991 - June. 10 Signs a news exchange contract with Romania's Rompres.
- July. 1 Begins providing news services through a radio station.
- Sept. 1 Establishes the Northeast Asia Information and Culture Center.
- Nov. 1 Launches a new economic and financial news service, Infomax.
- Nov. 16 Establishes a center to accumulate databases for news and photo services.
- Nov. 23 Begins providing graphic news services.
1992 - Jan. 15 Signs a news exchange contract with Mexico's Notimex.
- July. 7 Signs contracts with eight radio stations for the provision of news services.
- Nov. 9 Signs a contract with Reuters for graphic news services.
1993 - June. 21 Signs a news exchange contract with Australia's AAP.
- Sept. 14 Launches cable news network YTN.
- Sept. 19 Hosts the 14th OANA Executive Meeting.
- Dec. 5 Signs a news exchange contract with AFX-Asia.
1996 - June. 19 Opens a digital satellite photo transmission system.
- July. 1 Begins providing corporate public relations news through Asia Net and regional business and industry news through Asia Pulse.
- Aug. 1 Begins providing upgraded Infomax II business and financial news services.
- Nov. 1 Establishes its own Internet server at yonhapnews.co.kr.
1997 - Jan. 23 Signs a news exchange contract with Oman's ONA.
- Jan. 29 Signs a news exchange contract with Portugal's Lusa.
- Feb. 23 Signs a news exchange contract with Oman's ONA.
- March 2 Signs a news exchange contract with Egypt's Mena.
- Aug. 1 Begins providing radio news services through the Internet.
1998 Sept. 16 Declares code of ethics for its journalists.
1999 - Jan. 1 Absorbs North Korea specialist Naewoe Press to enhance its North Korea news services.
- Dec. 27 Launches a sister facility management company, Yonhap P&M.
2000 - Jan. 3 Begins providing English news service through the Internet.
- June. 1 Establishes a sister company, Yonhap Infomax.
- June. 9 Signs a contract with the government to assume the role of the host news agency for the 3rd ASEM summit in Seoul.
- July. 26 Signs a news exchange contract with Vietnam's VNA.
2001 - March. 1 Launches a task force for the FIFA 2002 Korea-Japan World Cup.
- April. 17 Signs a news exchange contract with Libya's Jana.
- May. 1 Begins providing news services through Infovision on Busan Subway Line No. 1.
- May. 17 Signs a news exchange contract for the FIFA 2002 Korea/Japan World Cup with Japan's Kyodo News.
- Aug. 19 Presents a letter of intent to North Korea's Korea Central News Agency for exchanging news services.
- Oct. 1 Signs a news exchange contract with Morocco's MAP.
- Dec. 1 Signs a contract with Bloomberg for the exclusive right to distribute Bloomberg's news content.
2002 - Jan. 23 Opens Chinese- and Spanish-language Internet homepages for the FIFA 2002 Korea/Japan World Cup.
- Signs a news exchange contract with the Korea Journal Media Group.
- March. 4 Signs a contract with SkyLife for the provision of interactive news services for satellite data broadcasting.
- Dec. 10 Signs a contract with the Korea Central News Agency for the reception of news and photos.
2003 - April. 30 The South Korean parliament passes the bill on the promotion of news agencies.
- Aug. 30 The law on the promotion of news agencies goes into effect.
- Nov. 1 Signs a contract with Bloomberg on the free exchange of photos.
- Nov. 6 Renews a news cooperation contract with Kyodo News.
2004 - Jan. 1 Starts Premium News service.
- March. 2 Launches video service team.
- April. 1 Starts Chinese-language news service.
- April. 22 Publishes a periodical, Yonhap Repere.
- May. 20 Signs a contract with KORAIL on the provision of news to Korea's KTX bullet train.
2005 - June. 1 Starts Japanese-language news service.
- June. 15 Signs a contract with the government to be host news agency for the APEC summit in Busan.
- June. 16 Dispatches an exclusively English-language correspondent to Washington, a first in the history of the Korean news media.
- July. 21 Signs a cooperation contract with the National Disaster Information Center.
- Aug. 8 Launches "Yonhap U&I" internet broadcasting service.
- Oct. 24 Launches a news agency promotion committee.
2006 - June. 21 Starts Arabic-language new service.
- June. 30 Signs a contract with Taiwan's CNA.
- Aug. 11 Signs a contract with EPA.
- Sept. 1 Holds a two-month special exhibition on the murals of the ancient Korean kingdom of Koguryo in Seoul.
2007 - March. 23 Starts news service on A'REX airport train.
- June. 1 Launches a center for ethnic Koreans abroad.
- July. 9 Starts an audio news service in foreign languages.
- Sept. 10 Starts Spanish-language news service.
- Oct. 11 Holds a one-month special exhibition on the murals of the ancient Korean kingdom of Koguryo in the North Korean capital, Pyongyang.
2008 - March. 1 Signs a news exchange contract with Netherlands's ANP.
- Nov. Signs a news exchange contract with Cambodia's AKP.
2009 - Jan. Signs a news exchange contract with Belarus's Belta Agency.
- April. 30 The South Korean parliament passes the revised bill on the promotion of news agencies.
- Oct. 5 Starts the French-language news service.
2010 - April. co-hosts the OANA Summit Congress with OANA.
2011 - Dec. 1 Yonhap’s all-news cable TV ‘NEWS Y’ launched.
2012 - March. Yonhap serves as the host news agency for the 2012 Seoul Nuclear Security Summit.
2013 - Feb. 5 Yonhap co-hosts a security forum with the Asia-Pacific Research Center(APARC).