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[THE INVESTOR] Korea’s leading game company Nexon’s founder Kim Jung-ju plans to sell his controlling stake worth around 10 trillion won (US$8.90 billion) in its holding firm NXC, the Korea Economic...
[THE INVESTOR] The total value of online shopping in Korea reached a record high in November, government data showed on Jan. 2. Total online transactions reached 10.62 trillion won (US$9.50 bill...
[THE INVESTOR] The Korean government said on Dec. 20 it will work with information and communications technology companies to apply the 5G network in advanced production lines to create smart factor...
[THE INVESTOR] SK hynix on Dec. 19 broke ground for its new semiconductor factory M16 in Icheon, Gyeonggi Province. The company plans to invest 15 trillion won (US$13.30 million) for constructing ...
[THE INVESTOR] Webtoon platform operator KakaoPage said on Dec. 18 that it has acquired NeoBazar, one of the leading content platforms in Indonesia. Webtoon is a portmanteau of the words web and ca...
[THE INVESTOR] Korea’s gaming industry is the world’s fourth-largest in sales, but none of the local companies rank among the top producers, a report said on Dec. 18. According to the Korea Crea...
[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 str...
[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 ...
[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...
[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 duri...
[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 businesse...
[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...
[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 c...
[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 INVESTOR] Kakao Mobility, a subsidiary of mobile messenger firm Kakao, announced on Dec. 5 that it plans to launch an electric bike-sharing service in Korea early next year in partnership with ...
LG Innotek’s next cash cow: Time-of-flight module
Samsung’s cash reserves top W100tr
Kim Jong-un unlikely to tour Samsung’s Vietnamese smartphone factory: sources
LG all out to regain market share with upcoming G8, V50
LG CNS, AWS to accelerate corporate data migration to cloud
Chiefs of Korea’s top 10 conglomerates to reap record high dividends for 2018
Koreans use nearly W8tr at convenience stores on credit cards
Hyundai reaches tentative settlement in US class-action suit over ‘exploding’ sunroofs
February 19, 2019
