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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 ...
[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...
Deloitte Anjin stresses PE’s role in portfolio value creation
Rawrow secures funding from Shinsegae International
Israeli blockchain startup Endor wins innovation award in S.Korea
Expat-run startup out to empower asylum seekers, sustain their careers
Entrepreneurs should learn how to hire and fire: Altos Ventures
USITC probes Samsung over touch screen tech patents
Moon’s new policy aide vows to promote fair economy, income-driven policy
S. Korean IPO capital exceeds W1tr in H1
June 26, 2019
