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Kakao, the operator of Korea’s most popular mobile messenger, saw its operating income plummet 56 percent year over year to 73 billion won (US$64.9 million) in 2018, according to a regulatory filing ...
SK Telecom introduced a smart office based on the 5G network on Feb. 13, showcasing how the latest ICT technology can empower digital workplaces and enhance productivity. The nation’s top mobile ...
Netmarble Games, Korea’s No. 1 mobile game developer and publisher, said on Feb. 13 that its operating income nearly halved in 2018 compared with a year earlier due to the belated launch of its new g...
The Korea Communications Commission said on Feb. 12 that it is investigating video-sharing site YouTube’s paid subscription service, YouTube Premium. The government regulatory agency said it is laun...
Online gaming firm Nexon on Feb. 12 reported record-breaking annual performance for last year on the back of strong sales of online computer games in overseas markets. Operating income jumped 9 p...
Telecom firm KT said on Feb. 12 that it swung to a net profit in the fourth quarter, but its sales and operating profit fell due to its sluggish mobile business. KT logged 18.1 billion won (US$16...
US chipmaker Qualcomm has lost a lawsuit against the Fair Trade Commission, the nation’s antitrust watchdog, over unfair practices to maintain a monopoly in the local mobile communications chip segme...
NCsoft, Korea’s biggest online game publisher, said on Feb. 12 its net profit decreased 5 percent on year in 2018. Its profit stood at 421.5 billion won (US$374.10 million) on a consolidated basi...
It looks LG Uplus may be trying to fork over too much dough for Korea’s largest cable TV operator CJ HelloVision, with market analysts saying the estimated bid of 1 trillion won (US$889 million) is...
The labor union of Naver, Korea’s dominant internet portal and search engine, said on Feb. 11 that it will have no choice but to consider a strike if the company does not engage in meaningful dialogu...
Korea’s Supreme Court has found that a 2009 penalty decision by the state antitrust watchdog against US-based Qualcomm was not completely lawful, sending the case back to a lower court for reconsider...
Korea’s YouTuber management company Sandbox Network, cited as one of the most popular workplaces among Generation Z, has hit countless milestones. This year, it has a new goal: to become a unicorn --...
Mobile network operator LG Uplus will soon finalize its plans to take over Korea’s largest cable TV firm CJ Hello, according to news reports here on Feb. 8. The nation’s No. 3 mobile carrier, afte...
Samsung Electronics and Huawei Technologies are both rolling out phones with folding displays in late February, in a move that may help beat the recent stagnation in global smartphone market. Huawei...
Korea’s No. 1 broadband service provider KT said on Feb. 7 it will expand its overseas network capacity to deal with a sharp rise in traffic caused by US video streaming giant Netflix. KT joined ...
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 19, 2019
