The prosecution's investigation into humidifier disinfectants is expected to expand from companies to government ministries. Prosecutors have found circumstantial evidence that Aekyung Industrial and SK Chemicals had internal documents of the Environment Ministry regarding damage to humidifier d

The Ministry of Food and Drug Safety (MFDS) launched a surprise pharmacist inspection into Medytox's Ochang 1 plant, which has been suspected of failing to properly carry out the sterilization work for more than a decade on May 23, the News 1 reported.Pharmacist surveillance is an overall survey

Lee, vice president of Samsung Electronics' finance team, who is suspected of ordering the destruction of evidence in connection with Samsung BioLogics' alleged accounting fraud, was arrested on May 5.The arrest warrant for Ahn, vice president of Samsung Electronics' Business Support TF

LG Electronics (LG) announced today the start of sales of the world’s first 8K OLED TV (model 88Z9) with pre-orders for the 88-inch set starting this week in South Korea. Availability in key markets of North America and Europe will follow in the third quarter of the year.As LG’s largest OLED TV to d

A ruling has been issued that the KEC, a semiconductor parts maker in Gumi, North Gyeongsang Province, should compensate for damages it inflicted on the union by engaging in unfair labor practices. Last month, the Seoul Central District Court ruled in favor of some of the plaintiffs in a lawsuit fil

Police have booked additional plastic surgery staff in connection with Hotel Shilla President Lee Boo-jin's alleged drug use of propofol.The drug team of the Seoul Metropolitan Police Agency said on June 3 that it has booked and is investigating two hospital employees on charges of violating the

Pearl Abyss said on June 4 that it will hold its own game event, called the "Into the Abyss" on June 11 in Los Angeles, the U.S. The "Into the Abyss," the second of its kind after last year, will be held at the Regal Cinemas L.A. LIVE Stadium on the opening day of the E3, the world's largest gam

Insung Information, a smart healthcare company, said on June 3 that it has signed a strategic partner and exclusive supply contract with Israeli Rater Management Service.It also established a partnership with global EwaveMD (EMD, EHR supplier) to jointly develop a cooperative model centered on smart

The on-site inspection of Hyundai Heavy Industries (HHI), which acquired Daewoo Shipbuilding & Marine Engineering (DSME), has hit a snag from the start.The inspection team of about 20 people, including officials from HHI and the Korea Development Bank, arrived in front of the shipyard at 9:20 a.m. o

Standard Chartered Bank Korea (SC Bank Korea) is embroiled in a controversy over "eat and run" as its net profit is decreasing, but the bank is increasing the consulting fees and royalty payments it pays to its headquarters. According to the Financial Supervisory Service (FSS), the bank's net pr

Samsung Electronics is delaying the release of Galaxy Fold. The company says it will make an official announcement in a few weeks, but industry analysts say even the first half of the year is uncertain.As the launch of Huawei's foldable phone was difficult owing to the U.S. sanctions, the much-a

LG Chem opens a global innovation center in the U.S., the world's largest bio market, and starts developing new drugs in earnest.LG Chem held the opening ceremony of the LG Chem Life Sciences Innovation Center in Boston, Massachusets, on May 4, attended by about 30 people including Shin Hak-chul

Prosecutors have secured internal documents containing circumstantial evidence that Hyundai Motor, which has implemented a recall related to the Theta 2 engine in the U.S. and Korea, did not reveal the cause of the defect. The document also contained figures suspected of scaling back the recall volu

Why is the conflict between labor and management at Hyundai Heavy Industries (HHI) so great over the split-up plan?Under the plan, Korea's largest shipbuilder will be divided into Korea Shipbuilding & Offshore Engineering, a sub-holding company merging parts of HHI with Daewoo Shipbuilding & Mar

The Fair Trade Commission (FTC) imposed fines on Medytox, which advertised its competitors' botulinum toxin (botox) products as if they were fake.The FTC said on June 2 that it has imposed a fine of 21 million won along with a correction order on Medytox for its slanderous advertising as if its

Com2us held a user meeting called "Summoners War: Re: Boost" on June 1 at the Da Vinci Ballroom at the Le Meridian Hotel in Seoul to celebrate the fifth anniversary of the Summoners War.Com2us also announced a large first-half update at the event. Summoners War, which marks its fifth year of service

Samsung Electronics topped the 5G telecommunication equipment market share, beating major global mobile communication equipment makers such as Huawei, Nokia and Ericsson.According to a report by Samsung Electronics and the U.S. IT market research company Dell'Oro on May 30, it had 37% of 5G RAN

KEC (Chairman Kwak Jung-so), a semiconductor parts maker with a factory in Gumi, North Gyeongsang Province, is causing public uproar by providing workers with meals priced at $1,4 dollar per unit price.According to a report by the Kyunghyang Shinmun on May 29, the KEC branch of Korean Metal Workers&

A hydrogen charging station will be established in the National Assembly in Korea for the first time in the world. Hyundai Motor will hold a ceremony to kick off the construction of a hydrogen charging ceremony at the National Assembly in Yeouido, Seoul, on May 30. It is the first commercial hydroge

Huawei reportedly met with major South Korean companies such as Samsung Electronics, Samsung Display, LG Display and SK hynix claiming the unfairness of the U.S. sanctions.According to an industry on May 27, executives of Huawei's mobile business division met with officials from major conglomera