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Biz & Tech

Thu, September 16, 2021 | 18:51

SK Innovation stock falls on split-off approval

SK Innovation's (SKI) share price fell Thursday, following shareholder approval of the company's plan to separate its battery business as a new entity. SKI's stock closed at 237,000 won, down 4.44 percent from Wednesday's close, after shareholders voted for the split-offs of the battery, and oil exploration and production businesses at a shareholders meeting held at the compa...

2021-09-16 16:25

Samsung Display supplies OLED panel for ASUS laptops

Samsung Display is expanding into high-end displays for laptop computers as it has begun mass production of organic light-emitting diodes (OLEDs) with a high refresh rate, the display arm of Samsung Electronics said Thursday.

2021-09-16 16:17

LG bets on smart factory initiatives

LG Uplus, one of the country's leading telecom companies, is pushing forward with “smart factory” initiatives, as the LG telecom affiliate aims to boost the sales of its smart factory-oriented business significantly over the next five years.

2021-09-16 15:10

Conglomerates suspending regular recruitment system

Most major conglomerates will no longer hold large recruitment drives to hire large numbers of new employees all at once, instead switching to a system where they hire new workers at irregular intervals based on fluctuating needs. Samsung is the last one still saying its affiliates will continue to hold mass recruitment drives regularly, after SK Group revealed its plan to ch...

2021-09-16 08:02

Traditional small businesses still unsatisfied with Kakao

Kakao has decided to halt its aggressive business expansion and withdraw some of its controversial marketing plans, which were feared to affect traditional, independent mom-and-pop stores and local services, but the criticisms remain.

2021-09-15 16:56

Naver, Kakao facing uncertainty amid forthcoming regulations

Google seeks to clean up corporate image after sanctions

The Korean branch of Google stressed Wednesday that it has contributed to the development of Korea's economy, creating more than 54,000 jobs and bringing business benefits worth 10.5 trillion won ($8.9 billion) annually since it began operating here in 2006.

2021-09-15 16:55

Google offers 12 trillion won in consumer benefits in Korea annually

Google said Wednesday it offers around 12 trillion won ($10.25 billion) in economic benefits for South Korean consumers annually through its services, highlighting its presence in the country amid growing scrutiny from local regulators and politicians over allegations of unfair business practices.

2021-09-15 12:31

Korea fines Google W207 bil. for abuse of market dominance

Embattled Apple unveils new iPhone

Apple CEO Tim Cook strode through a slickly produced video Tuesday to launch a new iPhone, with few hints of the exceptional string of troubles facing his company including policy reversals, a spyware attack and legal fights.

2021-09-15 11:52

Apple expected to unveil new iPhones as part of 5G push

Apple Inc on Tuesday is expected to show new iPhone and Apple Watch models with slight upgrades, and analysts expect that wireless carriers will play an outsized role in the annual show as they try to entice consumers into 5G plans.

2021-09-14 20:55

Kakao to raise funds, convert K-Cube into social enterprise for mutual prosperity

Kakao said Tuesday that it will raise 300 billion won in funds for traditional, offline, individual mom-and-pop stores and services as part of its effort to ease public backlash against its aggressive business expansion.

2021-09-14 17:05

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