The amount of South Korean money funneled to offshore accounts to avoid taxes over the past five years is near US$760.2 billion. According to data... [Oct.15,2019 17:06 KST]

After three years, Samsung Electronics Vice Chairman Lee Jae-yong is stepping down from his position as a registered inside director with the... [Oct.13,2019 14:19 KST]

On Oct. 10, Moon Jae-in visited a Samsung facility for the third time since his inauguration as president of South Korea. With Moon in attendance,... [Oct.11,2019 16:00 KST]

Samsung Display is shrinking its production line for large LCD (liquid-crystal displays) and shifting to QD (quantum-dot) displays, a type of large... [Oct.11,2019 15:57 KST]

During the past five years, there have been a total of five incidents in which electric vehicles have caught fire in South Korea. This year, all... [Oct.9,2019 17:01 KST]

Samsung Electronics has reported that its sales for the third quarter of 2019 amounted to 62 trillion won (US$51.95 billion), with operating... [Oct.8,2019 17:41 KST]

The income of the top 0.1% of South Koreans is roughly equivalent to the total income of the bottom 17%. According to data released by the National... [Oct.7,2019 17:00 KST]

Eleven years have passed since Korea was sideswiped by the “KIKO incident,” harming many small and medium-sized exporters. Some had to... [Oct.6,2019 14:11 KST]

The gap between real estate and financial assets among South Korea’s wealthy grew wider last year as apartment prices rose and stock prices fell.... [Oct.5,2019 11:16 KST]

Sixty-four percent of semiconductor photoresist-related patent applications with the Korean Intellectual Property Office (KIPO) belong to Japanese... [Oct.5,2019 11:09 KST]