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Samsung Electronics’ DS Division to Restrict ChatGPT Usage, Citing Security Concerns
Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — Samsung Electronics' Device Solutions (DS) Division, which oversees th ...

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Korean Fair Trade Commission Requests Revisions to Korean Air–Asiana Mileage Integration Plan
Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — South Korea’s Fair Trade Commission (KFTC) has asked Korean Air to rev ...

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Court Invalidates KOLON Industries' Patent for Hybrid Tire Cord Following HS Hysung's Legal Challenge
Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — South Korea’s Patent Court has ruled to invalidate a key patent held b ...

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Hyundai Motor Union Demands KRW 20 Million per Worker in Base Wage Compensation Ahead of 2025 Labor Talks
Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — The labor union of Hyundai Motor Company has put forward a demand for ...

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Hyundai Steel to Supply Automotive Steel to GM Korea, Expanding Beyond Hyundai Motor Group
Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — Hyundai Steel Co. is set to begin supplying automotive steel sheets to ...

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Kakao to Build AI Digital Hub in Namyangju’s New Smart City with $440 Million Investment
Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — South Korean tech giant Kakao Corp. is set to build a large-scale AI D ...

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Tencent Reportedly Exploring $15 Billion Acquisition of Nexon
Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] HONG KONG / SEOUL – June 12, 2025 — Chinese tech giant Tencent Holdings Ltd. is reportedly considering acqu ...

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UK Trade Remedies Authority Launches Anti-Dumping Investigation into Korean Steel Imports
Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] LONDON – June 6, 2025 — The UK’s Trade Remedies Authority (TRA), an agency under the Department for Busines ...

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Homeplus to Include M&A in Rehabilitation Plan as It Marks 100 Days Under Court Protection
Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — South Korea’s second-largest hypermarket chain, Homeplus, announced pl ...

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Korean Air Faces Scrutiny Over Seat Reconfiguration and Paid Premium Services Following Asiana Merger
Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Korean Air is facing public criticism and potential regulatory scrutin ...

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Daemyung Sono Group Receives Antitrust Approval for Acquisition of T’way Air
Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Daemyung Sono Group announced today that it has received approval from ...

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Hyundai Steel Halts Operations at Pohang Plant No. 2 Amid Market Downturn
Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Hyundai Steel (KRX: 004020) has suspended operations indefinitely at i ...

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Record 41% of Korean Firms Unable to Cover Interest Costs with Operating Profits: Bank of Korea
Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — A record-high proportion of South Korean companies were unable to cove ...

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South Korean Authorities Launch Investigation into YES24 Ransomware Attack
Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — South Korean police have launched a formal investigation into the rans ...

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Samsung SDI Signs Battery Supply Agreement with German ESS Leader Tesvolt
Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Samsung SDI announced today that it has signed a supply agreement with ...

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Fair Trade Commission Imposes Record 422.7 Billion Won in Fines Last Year, Up 7.9% from the Previous Year
Kim Jisun 2025.06.11
[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (FTC) recorded a total of 422.7 billion won in fines imposed on companies f ...

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Two Individuals Arrested and Charged for Extortion Against Tottenham Hotspur Captain Son Heung-min Over Alleged Pregnancy
Kim Jisun 2025.06.11
[Alpha Biz= Kim Jisun] A woman in her 20s and a man in his 40s have been arrested and charged with demanding a large sum of money ...

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Kakao Community Labor Union (Crew Union) Launches Its First Strike Since Establishment
Kim Jisun 2025.06.11
[Alpha Biz= Kim Jisun] On June 10, the Crew Union announced it will begin a series of staged strikes, starting with a 2-hour parti ...

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Siheung City Accelerates Creation of Specialized Bio Cluster with 2.2 Trillion KRW Investment Attraction
Kim Jisun 2025.06.11
[Alpha Biz= Kim Jisun] On June 10, Siheung City announced that it has signed a Memorandum of Understanding (MOU) with Chong Kun Da ...

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Fair Trade Commission Grants Conditional Approval for Merger Between K-OTT Platforms TVING and WAVVE
Kim Jisun 2025.06.11
[Alpha Biz= Kim Jisun] On June 10, the Fair Trade Commission (FTC) granted conditional approval for the corporate merger notifica ...