Jumbo group plans to open a seafood restaurant here by establishing a 50-50 joint venture with Korean company TCI. It marks the Singaporean outfit’s first foray into Asia’s No. 4 economy. The first Jumbo outlet in Korea is expected...
Last week, the press release that LG Uplus had snapped up CJ HelloVision would have irritated many parties concerned _ especially competitors such as SK Telecom and KT. But the owners of D’Live are probably happy with the deal because...
Brisk sales of semiconductors in 2018 helped Samsung Electronics pile up its cash reserves amounting to almost $100 billion. According to local media on Feb. 18, the company’s cash reserves stood at 104.2 trillion won as of the end of...
In late January, Hyundai Heavy Industries (HHI) signed a preliminary deal to acquire its rival Daewoo Shipbuilding & Maritime Engineering (DSME). The former signed the contract with the state-run Korea Development Bank, which has a 55.7 percent stake in...

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Samsung Electronics introduced the world’s first bendable phone, Galaxy Fold, during the “Unpacked” event in San Francisco on Feb. 20, 2019. The Seoul-based company disclosed...
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