Digital Jul 15, 2023
Former piracy site Crunchyroll cashes in on anime's global appeal
Crunchyroll expects the anime industry will have more than 800 million fans globally by 2025 outside markets in China and Japan.
Business / Corporate Apr 7, 2023
Samsung announces cut to memory chip output after worst profit since 2009
Operating profit plunged more than 95% to 600 billion won for the three months ended March, missing the average analyst estimate, while sales also fell.
Business / Tech Oct 4, 2022
Samsung launches five-year plan to tempt U.S. buyers with smaller chips
The company, based in the city of Suwon, South Korea, is the world’s largest chipmaker by revenue, but its foundry business is playing catch-up with Taiwan Semiconductor Manufacturing Co.
Business Aug 23, 2021
He built an $8.9 billion fortune. Then the controversies began.
Bom Kim became the poster child of a new kind of wealth generation in South Korea with Coupang Inc., but the firm is now facing criticism over working conditions.
Business / Corporate Aug 18, 2021
SoftBank-backed Karrot becomes $2.7 billion South Korean unicorn
Asia’s fourth-largest economy is breaking away from family-controlled conglomerates and minting self-made billionaires faster than ever.
Business / Corporate Jul 16, 2021
SoftBank invests $1.7 billion in Yanolja ahead of IPO
The deal will boost Yanolja’s valuation to more than 10 trillion won ($9 billion), according to people familiar with the matter.
Asia Pacific / Crime & Legal Jun 11, 2021
Samsung boss could be set free by one of his biggest critics, Moon Jae-in
The dramatic reversal reflects South Korea’s claustrophobic politics, where government leaders and big business are so dependent on each other that favoritism can trump the law.
Business / Tech May 13, 2021
South Korea unveils $450 billion push to seize global chipmaking crown
Samsung Electronics and SK Hynix will lead more than 510 trillion won of investment in semiconductor research and production in the years to 2030 under a national blueprint devised by Moon.
Business Oct 25, 2020
Lee Kun-hee, who transformed Samsung Electronics, dies at 78
Lee built the company into the electronics powerhouse of today, becoming synonymous with the rise of South Korea on a global economic stage.
Business / Corporate Aug 5, 2020
SoftBank backs 29-year-old’s venture aiming to become Netflix for fiction
Radish’s growing stable of in-house soap-opera scriptwriters conceive new episodes in various genres every four or six hours.