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Reporter : Kim Bo-eun
Sun, October 24, 2021 | 05:38
KT won't cancel treasury shares for time being
KT does not have any immediate plans to cancel its treasury shares, the company said Tuesday. Its remarks came as the company struggles to boost its share price.
NCSOFT seeking changes for greater global appeal
NCSOFT said Monday that it is seeking fundamental changes to its existing games to expand its global user base, as the game developer is focusing increasingly on overseas markets for revenue.
LG Display gaining ground for annual dividends
Handsome earnings projections for LG Display this year are increasing the possibility that the company will resume dividend payouts for investors as early as next year.
All eyes on Disney Plus launch
The launch of Disney's streaming channel in Korea is the focus of attention, as the entertainment giant's service is quickly expanding in Asia. Disney said last week it will launch its over-the-top (OTT) media service in Malaysia on June 1. This comes after Disney Plus was launched in Singapore in February.
Unions wield increasing influence at tech firms
Unions are exercising growing influence at tech firms amid an industry-wide movement by workers seeking better compensation. Samsung Display, for instance, is facing a possible walkout by workers due to wage issues.
Overseas sales to go into double digits this year: Kakao
Kakao said Thursday it expects sales generated overseas to account for double digits in the proportion of its total sales for this year, as it accelerates growth in the entertainment content business. "We expect to be able to show Kakao's sales being diversified to overseas sources this year," CEO Yeo Min-soo said in a conference call on the company's first-quarter earnings.
[Reporter's Notebook] Why KT should consider canceling treasury stocks
For years, angry shareholders have been creating a scene at KT's general shareholders' meetings held every March. This is because the telecom company's stock has been on a downward trajectory since May 2013 when it peaked at 41,250 won.
Park Chan-koo resigns as Kumho Petrochemical CEO
Kumho Petrochemical Group Chairman Park Chan-koo stepped down from his position as CEO and board member of the group's core affiliate, Kumho Petrochemical, Tuesday. His resignation is part of the group's transition to a board-centered management system, Kumho said.
SKT, KT, LG going all-out to boost corporate value
Mobile carriers are going all-out to boost their corporate value and cut their heavy dependence on the already-saturated and not-so-lucrative, conventional telecom-centric businesses.
[Reporter's Notebook] Netflix's freeloading should end
Netflix's earnings in Korea spiked last year, as people flocked to online-based home entertainment amid the COVID-19 pandemic.
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