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LG Uplus seeks to boost smart factory bizSept 16, 2021LG Uplus Corp., a major South Korean telecom operator, said Thursday it aims to increase sales from its smart factory solutions business by sevenfold within five years as part of its broader push to ... -
Disney+ expected to bring fresh spin to fast-evolving streaming market in South KoreaSept 15, 2021Disney aims to gain foothold in expanding market with launch of streaming service in Korea, amid heightened interest among local investors, telecom operators -
S. Korea to invest W2.6t in hyperconnectivitySept 15, 2021The South Korean government said it will invest 2.6 trillion won ($2.2 billion) by 2025 in hyperconnectivity and related technologies used in newly emerging services, such as metaverse, blockchain an... -
SK Bioscience likely to secure vaccine supply deal from COVAX next year: reportSept 15, 2021SK Bioscience is expected to secure a large-size COVID-19 vaccine supply deal from the COVID-19 Vaccine Global Access Facility next year, a local brokerage firm said Wednesday. The possible deal wil... -
Google fights back, says it brings W11.9tr economic benefits to KoreaSept 15, 2021Google, under fire in South Korea for allegedly abusing others with its market power, on Wednesday hit back at the criticism, arguing it contributed 11.9 trillion won ($10.25 billion) in economic ben... -
Chip sales drive last month’s ICT exports past $20b, the best August resultSept 14, 2021South Korea’s exports of information and communication technology products in August surpassed $20 billion for the first time in 34 months, on robust sales of semiconductor products, government data ... -
Google slapped with $177m in fines for abusing market powerSept 14, 2021South Korea‘s antitrust regulator said Tuesday it has decided to fine US-based tech giant Google 207.4 billion won ($176.8 million) for abusing its market power with the Android mobile operating syst... -
Kakao creates W300 billion fund, pledges to work for societySept 14, 2021Tech firm aims to soothe public anger in face of tightening regulations -
![[News Focus] Naver, Kakao: How icons of innovation have come under fire](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/09/13/20210913000826_0.jpg)
[News Focus] Naver, Kakao: How icons of innovation have come under fireSept 13, 2021In particular, Kakao Group’s 10-year expansion through aggressive mergers and acquisitions has come under fire. Kakao, formerly founded as IWILAB, was a startup that raised 34 million won ($28,953) ... -
Samsung Bioepis says its trastuzumab biosimilar as safe, effective as originalSept 13, 2021South Korean pharmaceutical company Samsung Bioepis said Monday its breast cancer treatment biosimilar Ontruzant is proven to be just as safe and effective as the original drug. The Korean drugmaker... -
Kakaopay to suspend car insurance comparison serviceSept 10, 2021Kakaopay, a financial unit of tech giant Kakao Corp., will suspend its car insurance comparison service later this month after providing an unauthorized brokerage service, industry sources said Frida... -
FTC to keep eyes on unfair practices in e-commerce sectorSept 10, 2021Amid growing scrutiny of online giants Naver and Kakao, South Korea’s antitrust watchdog chief on Friday spoke of the need to regulate massive online platforms in order to better protect small vendor... -
S. Korea‘s mRNA vaccine consortium gets two new membersSept 9, 2021Two more local companies have newly joined the “K-mRNA vaccine consortium,” a local alliance of pharmaceutical companies dedicated to co-developing and co-producing homegrown messenger RNA vaccines. ... -
GeneOne Life Science to begin phase 2 clinical trial of COVID-19 pill in KoreaSept 9, 2021Biotech firm GeneOne Life Science has received approval from the South Korean government to carry on with the phase 2 clinical trial of its investigational oral drug to treat COVID-19, the company sa... -
![[Herald Interview] KT buys UK-based Epsilon, on lookout for more](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/09/09/20210909000624_0.jpg)
[Herald Interview] KT buys UK-based Epsilon, on lookout for moreSept 9, 2021Aiming to become global ‘digico,’ firm eyes IT solutions developer as next M&A target, executive says
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