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[ THE INVESTOR ] The Fair Trade Commission confirmed that it has decided to submit a proposal to the prosecution to investigate allegations filed against Hyosung Group CEO and former Chairman Cho S...
[THE INVESTOR] LG Electronics replaced the head of its mobile business division in a reshuffle on Nov. 30 apparently due to the falling sales of its flagship smartphones. The Korean tech giant t...
[ THE INVESTOR ] The National Tax Service has begun reviewing the Samsung chief’s assets allegedly withdrawn from accounts opened under borrowed names, after the Finance Ministry said the accounts ...
[THE INVESTOR] The chief of Kumho Asiana Group, an airline-to-construction conglomerate, said on Nov. 28 he won’t buy back the conglomerate’s former tire unit Kumho Tire now controlled by creditor b...
[THE INVESTOR] Chey Min-jeong, second daughter of SK Group Chairman Chey Tae-won, is expected to be discharged from the Korea Navy this week, according to news reports on Nov. 27. The heiress is cu...
[THE INVESTOR] Jo Seong-jin, vice chairman and CEO of LG Electronics pledged to expand the company’s efforts to automate production facilities and to consequently enhance manufacturing competitivene...
[ THE INVESTOR ] CJ Group reshuffled its top executives on Nov. 24, including the top desks at food company CJ CheilJedang and CJ Corporation, in its first board shuffle since group chairman Lee Ja...
[ THE INVESTOR ] Financial authorities started to investigate financial companies in relation to the accounts under borrowed names allegedly belonging to Samsung Chairman Lee Kun-hee, an issue rais...
[THE INVESTOR] Kellogg’s Korea CEO Han Jong-kap will oversee the firm’s operations in Hong Kong and Taiwan from January, according to a local news report on Nov. 23. The Korean unit of the global c...
[THE INVESTOR] Samsung Electronics’ Silicon Valley office is expected to play a bigger role, possibly replacing its now defunct control tower office that used to oversee strategic decisions across a...
[ THE INVESTOR ] Prosecutors on Nov. 22 launched an investigation into allegations that Kim Dong-seon, the youngest son of Hanwha Group Chairman Kim Seung-yeon, assaulted and harassed attorneys of ...
[THE INVESTOR] Caffe Bene founder Kim Sun-kwon’s Hyundai IPark apartment in Seoul’s affluent Gangnam district, is up for auction, according to local news reports on Nov. 21. A Seoul court ordered t...
[ THE INVESTOR ] The Lee family behind the Samsung empire was ranked second on Forbes’ list of Asia’s wealthiest families, losing the top spot to the Ambanis, the family which controls the Indian c...
[THE INVESTOR] The family that owns Korea’s No. 1 conglomerate Samsung Group fell a notch in the list of Asia’s richest families, data showed on Nov. 20. According to the list compiled by Forbes...
[THE INVESTOR] Samsung Group Chairman Lee Kun-hee’s global wealth ranking rose to 37th place as of late last week, thanks to the surge in the stock value at the conglomerate’s electronic arm, a US-b...
Samsung to ramp up Galaxy Fold production
Woongjin defers final bid for Coway to Oct.
Sae-A to acquire fiberboard maker Tailim Packaging
Video-streaming war heats up in S. Korea
YG faces W6b tax penalty as Burning Sun scandal unfolds
Aveva to upgrade integrated industrial software in digital push
Ghost Kitchen secures additional W9.2b
Medytox invests in US startup LifeSprout
September 18, 2019
