Preferred bidder to be announced soon
Liberty Media, which owns Major League Baseball team Atlanta Braves, tried to purchase Korea’s game publisher Nexon, which is currently up for sale, according to a local media outlet.
Sources in the investment banking industry...
Two global giants to introduce next-generation HD tech
Samsung Electronics announced its plans to cooperate with Universal Pictures to boost HDR10+, advanced technology for ultra high-definition videos made by the former.
Short for high dynamic range 10+, HDR10+refers to an open...
Korea's No. 3 refinery pays highest salaries despite profit dip
Koreans tend to call well-paying jobs “workplaces even gods would envy.” If gods do envy any good jobs, they would want to work at S-Oil, Korea’s third-largest oil refinery.
According to...
World’s first 5G services to start on April 5
Samsung Electronics said on April 1 that its first fifth-generation (5G) smartphone, the Samsung Galaxy S10 5G, will hit the market on April 5. Korean mobile operators also prepare to offer...
Korea's top carrier to stop serving peanuts
It seems that not a single day goes by without Korean Air making headlines. This time around, it is about peanuts, with which the country’s flag carrier has some history.
The Seoul-based company announced...
Hyundai-Kia recall 2 million cars over 4 years
Hyundai Motor issues a recall to fix about 20,000 Veloster vehicles in the United States and Canada as its engine is feared to stall due to faulty software, according to the National...
Legendary investor refuses to use iPhone
What is the smartphone of legendary investor Warren Buffett, one of the world’s richest men? There is no correct answer for the question because he does not use any smartphone at all.
In a recent...
New Sonata variant debuts at Seoul Motor Show
Hyundai Motor took the wraps off the all-new Sonata 1.6 Turbo in Seoul Motor Show, which started its 10-day run with great fanfare at Kintex on March 29.
Korea’s leading automaker said that...
Biennial auto fair starts on March 29
Seoul Motor Show, Korea’s largest automotive fair, starts its 10-day run on March 29 at Kintex near Seoul where a total of 227 firms take part including 21 automakers and seven electric car...
Chief executives of flag carriers suffer setbacks
Heads of Korea’s two flag carriers quit their jobs in two days _ one was ousted, and the other decided to leave the top position amid the uproar over an audit report.
Kumho-Asiana Group...
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Upbit successfully detects crypto frauds
Korean outfit comes up with advanced anti-fraud system
South Korea’s leading crypto-exchange Upbit announced on Sept. 26 that the outfit had discovered fraudulent exchanges amounting...
