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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 ...
[THE INVESTOR] Nearly 200 billion won (US$178.20 million) worth of membership points by Korea’s three mobile carriers went unused and expired over the past six years, a report by Ministry of Science...
[THE INVESTOR] Netmarble Games, Korea’s leading mobile game maker, said on Feb 1 it is mulling to acquire rival NXC, joining other big names eyeing the holding firm of Korean-Japanese internet game ...
[THE INVESTOR] Korea’s YouTuber management startup Sandbox Network announced on Jan. 31 that it has closed its series C round having raised 25 billion won (US$27.75 million). Sandbox Network is wel...
[THE INVESTOR] Korea’s top internet portal operator Naver said on Jan. 31 that its net profit fell more than 17 percent in 2018 from a year ago due to massive investments in advanced technologies su...
[THE INVESTOR] Cybercrimes increased nearly 14 percent in Korea last year to reach about 150,000 cases, the National Police Agency said in a report on Jan. 31. A total of 149,604 cybercrimes occurre...
[THE INVESTOR] SK Telecom said on Jan. 31 its net earnings plummeted in the fourth quarter of last year compared with a year earlier due to sluggish mobile business and increased investment in the 5G...
[THE INVESTOR] Korea’s top mobile carrier SK Telecom said on Jan. 30 it will partner with Grab, Southeast Asia’s largest ride-hailing app, to provide real-time navigation services based on big data....
[THE INVESTOR] LG Uplus said on Jan. 29 that its fourth-quarter net profit plummeted 55.4 percent from a year earlier due to sluggish mobile sales and increased spending on 5G infrastructure. Ko...
[THE INVESTOR] Mobile phone fees in Korea reached an all-time low in 2018 thanks to a government policy and carriers’ fee cuts, government data showed on Jan. 28. The mobile fee index stood at 9...
[THE INVESTOR] Kids contents creating company CarrieSoft is planning to get listed on the second-tier KOSDAQ market in 2019, according to industry sources on Jan. 28. “We are preparing for an IPO d...
Many foreign, domestic investors keen to acquire Skinfood
Kyung Nam Pharm seeks new owner
Abyo Korea hopes to redesign delivery industry
KDB forms co-investing roundtable with 6 local VCs
GenBody’s proposed IPO plans this year suffer setback
SK Biopharma signs contract with US new drug developer
Legal battle looms as approval for 1st for-profit hospital gets canceled
Mirae Asset invests in $243m mezzanine debt for grade A office building in HK
April 20, 2019
