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KakaoPage, an entertainment company specializing in online cartoons, web novels, film, and TV series, will expand its business overseas, according to the company’s announcement on Sept. 4. KakaoPag...
Netflix’s regional office in South Korea is being investigated for alleged tax avoidance, according to industry sources on August 27. The National Tax Service made its first visit to the Netflix‘s ...
Netmarble Games, South Korea‘s No. 1 mobile game developer and publisher, said on August 12 that its net income more than doubled in the second quarter from a year earlier on the back of the populari...
LG U+, a South Korean telecommunications firm, said on August 11 that the company has commercialized the world‘s first 5G-based augmented reality glass solutions. The wearable device named LG U+ R...
Naver on August 7 said that its online cartoon business is posting 3 billion won ($2.5 million) in average daily gross sales as of Aug. 2, up from 2 billion won in August last year. Naver contribut...
Kakao, the operator of South Korea’s top mobile messenger, on August 6 announced that its quarterly sales reached 952.9 billion won ($803.7 million) in the second quarter, an increase by 30 percent ...
Kakao Games is facing a boycott from users for sexist translations in its newly released game Guardian Tales, posing a hiccup to the company that stands on the doorstep of going public. The gaming ...
outh Korea’s top internet firm Naver announced on July 30 that its sales in the second quarter reached an all-time high of 1.9 trillion won ($1.6 billion), up 16.7 percent on-year. The company’s op...
Kakao Games said on July 24 its application for initial public offering has received the greenlight from the Korea Exchange (KRX), the nation’s sole bourse operator. According to the South Korean g...
Nexon on July 24 announced the launch of its open-world MMORPG game V4 in 150 countries. Standing for “Victory For,” V4 is a mobile MMORPG made using Unreal Engine 4. It boasts high-end graphics, a...
Smilegate said on July 24 that its 36-episode drama series based on its first-person shooter game CrossFire has recorded 100 million views in China. According to the South Korean game company, the...
Samsung Electronics said on June 19 that it has been selected as the 5G network infrastructure supplier for Canada-based telecom firm Telus, laying the groundwork for its presence as one of the prima...
Given the nationwide social distancing norms in place, South Koreans are playing more computer games and watching videos on mobile devices, data showed on June 7. According to a report from local m...
The Fair Trade Commission said on June 5 it has terminated an investigation into the battle between Samsung Electronics and LG Electronics over the technological competitiveness of their TVs. The a...
LG Group’s major affiliates LG Electronics and LG Display are unlikely to proceed with the first leg of the semiannual recruitment process in the first half of 2020. As of June 5, the two companie...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 16, 2021
