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Coupang files lawsuit against FTC’s $121 mn fine 매일경제11:09Coupang has filed a lawsuit contesting a 162.8 billion won ($121 million) fine imposed by South Korea’s Fair Trade Commission (FTC), following allegations t -
SK telecom task force to combat spam texts 매일경제11:09SK telecom Co. has set up a special task force (TF) to combat illegal spam texts and mitigate their effects, the company said Tuesday. The TF comes as spam t -
Samsung Electronics to nurture TV-based content business: Executive 매일경제11:09Samsung Electronics Co. plans to introduce its free advertising-supported streaming television (FAST) services in Southeast Asia next month, following its re -
Samsung SDI to sell polarizing film division to Chinese firm 매일경제10:24Samsung SDI Co. is poised to sell its unprofitable polarizing film division to a Chinese company. The South Korean battery maker announced its decision to se... -
U.S. Nasdaq unveils AI chip index for first time in Korea 매일경제10:12The Nasdaq Stock Market, one of the major stock exchanges in the United States, unveiled the PHLX U.S. AI Semiconductor Index (ASOX), which focuses on artifi -
HMM to team up with global No. 1 MSC to boost competitiveness 매일경제10:12South Korean shipping company HMM Co. announced on Monday that it will reorganize its current shipping alliance with Japanese carrier Ocean Network Express (... -
LG Electronics chief vows to boost partnerships with global tech firms 매일경제10:12LG Electronics Inc. Chief Executive Officer Cho Joo-wan vowed on Friday that the South Korean company will enhance cooperation with global tech companies and -
Korea’s electricity bills to surge by 13% in August due to extreme heat 매일경제10:12South Korean households will see their power bills for August rise by an average of 13 percent in the wake of the record heatwave in the country. According t -
Domestic demand slumps due to high interest rates: KDI 매일경제10:12The Korea Development Institute (KDI), South Korea’s leading think tank, has raised alarm bells about “sluggish domestic demand” in the country for a 10th
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Korea’s construction slump exacerbates job losses 매일경제10:12As a prolonged slump in Korea’s construction industry continues, the number of employment insurance subscribers in the sector has fallen for 13 consecutive -
Foreign investors eye telecommunications, utility stocks 매일경제10:12Foreign investors are actively buying telecommunications and utility stocks in South Korea, which are considered defensive stocks that show stable performanc -
Gov’t steps back from introducing new Platform Act 매일경제10:12The South Korean government has stepped back from introducing new regulations to block the unfair practices of large online platform companies. Instead of en -
KAIST, NYU prep Korea’s first joint degree program in AI 매일경제10:12Korea Advanced Institute of Science and Technology (KAIST) is teaming up with New York University to nurture global talent in the artificial intelligence (AI -
Korea eyes 1,000 MHz wideband frequency for satellite communications 매일경제10:12South Korea is considering allocating 1,000 MHz of wideband frequency for satellite communications, alongside plans to provide test frequencies to support mo -
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