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[THE INVESTOR] Samsung Electronics has been named the most loved brand in Russia for the eighth year in a row, a market researcher said on Dec. 14. In the survey carried out by Russia’s Online Market Intelligence, Samsung garnered 18.3 percent of support from 1,500 respondents living in the countr...
[THE INVESTOR] Following the raid by Korea’s tax agency on the local unit of US tech giant Google on Dec. 12, as part of its efforts to investigate tax evasion charges linked to the firm’s video streaming service YouTube, a lawmaker from the ruling Democratic Party of Korea has insisted that the i...
[THE INVESTOR] Korea’s top mobile carrier SK Telecom said on Dec. 13 it has joined forces with Deutsche Telekom to carry out joint projects in the field of mobile edge computing. It has reached an agreement with MobiledgeX, a wholly-owned subsidiary of Deutsche Telekom. Mobile edge computing is a...
[THE INVESTOR] LG Electronics on Dec. 13 unveiled a new energy storage system designed especially for solar power plants with smaller capacities. LG said it will release what it calls the all-in-one ESS for 100 kilowatt solar power plants. The comprehensive package brings together power conditionin...
[THE INVESTOR] Korea’s tax agency is probing the local office of US tech giant Google amid rumors of tax evasion by some YouTubers here, industry sources said on Dec. 12. Earlier in the day, the National Tax Service sent auditors and investigators to the headquarters of Google Korea in Gangnam, ...
[THE INVESTOR] Telecom firm KT Corp. participated in a 5G conference held from Dec. 11-12 in Stockholm to share some of its 5G technologies and know-how in running the next-generation network during the 2018 PyeongChang Winter Olympics.The 5G Deployment Seminar was hosted by network firm Ericsson an...
[THE INVESTOR] Samsung Electronics took the wraps off Galaxy A8s on Dec. 10 in China, the first model with a punch-hole display, taking one step closer to the era of all-screen smartphones.The Korean tech giant is one of a few smartphone makers that have refused to deploy a notch display, which was ...
[THE INVESTOR] Samsung Electronics has sold more than 110,000 units of its convertible laptop Pen after the device was released in the local market in December 2017, industry sources said on Dec. 11. Considering the popularity, the Korean tech giant is expected to sell 120,000 units of its versatil...
[THE INVESTOR] Samsung Electronics will hold a global strategic conference with executives from its overseas offices in Korea next week, according to the tech giant on Dec. 10.The top executives from each of the three main business divisions -- device solutions, IT & mobile communications and consum...
[THE INVESTOR] Korea, the world’s fourth-largest gaming market, now has legal grounds to punish actors providing commercial video game “boosting” services. “Boosting” is a practice whereby businesses are paid to increase the rank of a gamer’s account, impeding the possibility of a fair and com...
[THE INVESTOR] Despite continued protests from taxi unions, Korean information technology giant Kakao has begun providing a trial of its carpool services, with plans to formally roll out the service for all users here on Dec. 17. Kakao Mobility, the transportation service arm of Kakao, launched a ...
[THE INVESTOR] Kakaobank on Dec. 7 said it has decided to reappoint co-CEOs Yun Ho-young and Lee Yong-woo to lead the operations after their current two-year tenure ends on Jan. 2. The nomination committee of the internet-only bank has recommended the inaugural heads to helm another two-year term u...
[THE INVESTOR] LG Electronics’ 65-inch OLED TV was named the best OLED TV of 2018, US industry tracker Consumer Reports said on Dec. 7. According to the research conducted by Consumer Reports, LG’s 65-inch TV with a model number of OLED65B8PUA received the top mark among OLED TVs in terms of reso...
[THE INVESTOR] Korea’s No. 2 chipmaker SK hynix said on Dec. 6 it has named President Lee Seok-hee as its new CEO, replacing Vice Chairman Park Sung-wook. Lee first joined SK hynix in 1990, when the company was called Hyundai Electronics. After stints at Intel and the Korea Advanced Institute of S...
[THE INVESTOR] Samsung Electronics on Dec. 6 announced a year-end reshuffle, promoting 158 executives, including 13 who were appointed vice presidents. The total number of promotions is lower than 221 last year, the largest in years. Based on Samsung’s management principle to reward high performers...
Yanolja partners with Irish hostel operator for global expansion
KDB to complete lifeline injection to GM Korea
Lawmaker calls for extended probe of Google
Analysts bullish on shares of chaebol holding firms
IMM Investment, JKL Partners acquire GS ITM
Mirae Asset’s Indian unit boasts W4tr AUM
KT strengthens 5G partnership in Northern Europe
Berkeley Center’s Adam Sterling on future of VCs, startup ecosystem
December 15, 2018
