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Tue, February 7, 2023 | 01:59
IPTV business troubles carriers
Mobile carriers are suffering from lower-than-expected revenue from media businesses, especially Internet protocol television (IPTV), impinging on their desperate effort to expand income outside of voice calls and texts.
6 million join Namyang boycott
The consumer boycott campaign against Namyang Dairy is gaining rapid momentum despite an apology for the misconduct of its sales personnel who allegedly pushed excess products on distributors among other unfair business practices.
LSIS to enter Chinese electric car market
LSIS, one of the nation’s leading manufacturers of electrical equipment, said Wednesday that it has joined hands with Chinese car maker Dongfeng Motor Group to make inroads into the electric car market there.
More builders face massive retooling
There seems no end to the plight of construction companies as domestic orders shrink due to the prolonged economic slump while expansion abroad overloads them with uncontrollable costs.
More chaebol children stock-rich
The number of parents and grandparents transferring stocks worth more than 100 million won ($91,300) to childrens names has soared to a record high, according to a report released Sunday.
Business entourage includes who's who in Korea Inc.
The Korean economic mission accompanying President Park Geun-hye to the United States is the biggest yet in terms of size and the prominence of its members.
Doosan E&C names new CEO
Doosan Engineering & Construction (Doosan E&C) named Yang He-sun as its new CEO following a board meeting Thursday.
Carriers expected to rebound in Q2
The nation’s three leading mobile carriers may have bottomed out in earnings in the first quarter as their operating profits have shown signs of improvement on the back of increased average revenue per user (ARPU) and the easing of a subsidy war.
LG Uplus unveils 'cloud navigation' service
LG Uplus, the nation’s smallest mobile carrier, unveiled new cloud-based services with Hyundai and Shinsegae Thursday, as competition among telecoms in long-term evolution (LTE) move from luring subscribers to providing new content.
Task force launched to inspect tax probes
The National Tax Service (NTS) launched a task force dedicated to eradicate tax probe-related corruption Wednesday, following recent scandals of bribes taken by tax agents.
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