1+ week, 3+ day ago   (296+ words) Kakao is preparing a paid membership service that would bundle key affiliate services including taxis, music, webtoons and shopping around KakaoTalk. The strategy aims to connect services offered to users under a single subscription system, separate from plans to split…...

1+ week, 3+ day ago   (208+ words) thelec.net German optical solutions company ZEISS said Sept. 3 it has appointed Jaane Seehusen as the new head of its Korea operations. Seehusen joined ZEISS in 2012. She has held roles including head of special operations projects, manufacturing project manager and…...

1+ week, 3+ day ago   (339+ words) SK Group Chairman Chey Tae-won said the company would consider jointly producing semiconductors with Japanese chipmaker Kioxia. In an interview with Japan's Asahi Shimbun on Sept. 2, Chey described joint production with Kioxia as "one option." "Kioxia is a company with…...

1+ week, 5+ day ago   (175+ words) HPSP, a semiconductor front-end equipment maker, said on Aug. 31 that it has nominated Kim Jae-hyun, former CEO of Hanwha Semitech, as its new co-CEO. HPSP's board approved Kim's nomination earlier in the day. His appointment will be finalized following approval…...

2+ week, 4+ day ago   (236+ words) Haechitech shares fell about 40% on their first day of trading. Haechitech made its KOSDAQ debut on Aug. 25 at an initial public offering (IPO) price of 23,000 won. The shares fell 39.43% on their first trading day to close at 13,930 won. Under Korea…...

2+ week, 4+ day ago   (301+ words) thelec.net Kakao Games approved a mid- to long-term shareholder return plan at an extraordinary shareholders' meeting. Following the cancellation of 500,000 treasury shares in July, the company will secure funds for shareholder returns by utilizing its remaining treasury shares and transferring…...

2+ week, 6+ day ago   (178+ words) YAS has appointed inside director Chung Kwang-ho as its new CEO. Chung, the founder of YAS, is returning to frontline management after five years. YAS held a board meeting on Aug. 21 and approved the change of CEO. Former CEO Kang…...

2+ week, 6+ day ago   (163+ words) Samsung Electronics plans to return up to 110 trillion won to shareholders in 2026, the largest shareholder return ever by a Korean company. Samsung Electronics said on Aug. 21 that its board approved a shareholder return plan totaling 90 trillion won to 110 trillion won....

3+ week, 3+ day ago   (334+ words) KB Element has completed a Series B funding round. The company plans to use the proceeds to expand its research and development (R&D) and sales teams and commercialize graphene-based products. KB Element said on Aug. 20 that it completed a 14 billion…...

3+ week, 3+ day ago   (487+ words) Semiconductor and display equipment maker Jusung Engineering returned to profitability and secured a large order backlog, laying the groundwork for earnings growth in the second half. According to Jusung Engineering on Aug. 20, second-quarter revenue was 59.881 billion won, down 24% from a…...