Tags: South Korea

Factory activity in Europe, Asia cools; demand lull a concern

Factory activity in Europe and Asia cooled in August after a strong July, as new orders dwindled in the face of escalating tensions in Ukraine and a patchy recovery in China, purchasing managers indexes showed.


South Korea's Daum, Kakao shareholders approve merger

Shareholders of South Korean internet portal operator Daum Communications Corp and messaging app company Kakao Corp on Wednesday approved a merger of the two firms in an all-stock deal that values Kakao at more than $3 billion.

Production halted at Samsung China supplier amid child labor probe

Production has been indefinitely halted at a Chinese supplier to Samsung Electronics Co Ltd (005930.KS) after the factory was suspected of using child workers.

After beating Google, Korea's Naver goes global with messaging app Line

The billionaire founder of web portal operator Naver Corp beat back Google Inc to leave South Korea one of few countries where the U.S. search engine does not dominate.


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New York, US-based mobile gameplay-recording startup Kamcord raised $7.1 million in a Series A funding round led by TransLink Capital to conquer the giant gaming markets of Japan, China, and South Korea.
Samsung has been releasing multiple variants of its flagship handsets throughout the years. It should come as no surprise when the reports about the Samsung Galaxy S5 Mini started surfacing. According to recent information, the South Korean tech giant plans to release a Samsung Galaxy S5 Mini in May. The device should feature similar components like the Samsung Galaxy S5 including water and dust resistant capabilities.
US President Barack Obama is on his last leg of his Asian tour in countries including Japan, South Korea, Malaysia and on his last stop to the Philippines where the issue involving Beijing has become in the center point of the agenda.
The Ellen DeGeneres Show hosts a uplifting shower of laughs and smiles for both the Olsen Twins and their fans.
Seoul, South Korea-based content recognition tech firm Enswers scored $2 million in a recent funding round from Samsung Ventures to boost its expansion campaign across the US and North America.
Seoul, South Korea-based early stage venture capital firm K-Cube Ventures has emerged as one of the key players in the country's startup industry with its quick and risky investment deals that focus on startups that offer unique solutions to existing problems.
Gurgaon, India-based smartphone maker Micromax Informatics Ltd is eyeing the purchase of an undisclosed stake in Seoul, South Korea-based rival Pantech Co Ltd in a bid to expand internationally, according to unnamed sources.
Family Mart Co Ltd has planned to leave the South Korean market through an initial public offering, said a report from Reuters.
Two weeks after receiving approval from the US bankruptcy court in Delaware, Brussels, Belgium-based chemical firm Solvay completed the acquisition of Pennsylvania-based electronics company Plextronics Inc to enhance its OLED (Organic Light Emitting Diodes) electronic display capabilities.
Malaysia Airlines flight MH066 diverted its flight and landed in Hong Kong instead of its original course heading South Korea today after electrical issues confronted the plane, reported The Daily Mail.
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