Yonhap established an electronic system of writing and releasing news articles to its clients as early as 1988 for the first time in the history of the Korean press.

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, 2000 Asia Europe Meeting (ASEM) in Seoul, and 2002 Korea/Japan FIFA World Cup.

In recognition of Yonhap's role in promoting the country's image and distributing information deemed pivotal to addressing the domination of information by major Western news media, the National Assembly legislated in early 2003 to provide Yonhap with the financial and systemic assistance to reinforce its staff and equipment.

Yonhap currently has 40 correspondents in Washington, Paris, Moscow, Tokyo, Beijing and several other major cities around the world to cover stories not only on Korean affairs but also on other international issues based on the Korean perspective.

Among other cities currently covered by Yonhap correspondents are Los Angeles, New York, Hong Kong, Berlin, Brussels, Cairo, Hanoi, London, Shanghai, Shenyang, Budapest, Johannesburg and Geneva.

Yonhap maintains contracts for the exchange of news services with AP, Reuters, UPI, AFP, Xinhua, Kyodo, Itar-Tass, DPA and 40 other foreign news agencies.

Yonhap signed a contract with the Korean Central News Agency (KCNA) of North Korea in December 2002 to exchange news services.

Yonhap currently provides over 90 English-language news articles each day to nearly 60 foreign news agencies, 137 South Korean foreign missions, major international organizations both at home and abroad, as well as leading foreign embassies and businesses in the country. It also offers news service in Japanese, Chinese and Arabic language on it's Internet homepages.

Of all the major local dailies and broadcasting firms based in Seoul, Yonhap boasts the largest number of reporters covering provinces.

Over 100 reporters posted in provincial cities write articles that help reduce the information gap between those in Seoul and provincial cities ahead of the imminent opening of the "Era of Provinces."