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Samsung Halts One UI 7 Update Due to Bugs Affecting Galaxy Devices
Reporter Kim Jisun 2025.04.15
[Alpha Biz= Kim Jisun] Samsung Electronics has suspended the rollout of its One UI 7 update for major Galaxy smartphone models, in ...

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Netflix Nears ₩900 Billion in Korea Revenue as Local OTTs Struggle with Profitability
Reporter Kim Jisun 2025.04.15
[Alpha Biz= Kim Jisun] Netflix Korea posted record-high revenues and improved profitability in 2023, nearing ₩900 billion in annua ...

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Affinity Reduces Stake in Hyundai Commercial, Slightly Shifting Shareholding Balance
Reporter Kim Jisun 2025.04.15
[Alpha Biz= Kim Jisun] Private equity firm Centurion Resource Investment LLC (operating under Affinity Equity Partners) has reduce ...

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Oasis Market Selected as Final Preferred Bidder for TMON Acquisition
Reporter Kim Jisun 2025.04.15
[Alpha Biz= Kim Jisun] Oasis, the operator of the early-morning fresh food delivery service “Oasis Market,” has been selected as t ...

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South Korea’s Antitrust Watchdog Probes Price-Fixing Allegations Among Major Food Companies
Reporter Kim Jisun 2025.04.15
[Alpha Biz= Kim Jisun] South Korea’s Fair Trade Commission (FTC) has launched an investigation into five major food companies on s ...

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Backlash Grows as Baemin Starts Charging Fees for Pickup Orders
Reporter Kim Jisun 2025.04.15
[Alpha Biz= Kim Jisun] Starting Monday, April 14, South Korea’s top food delivery platform Baedal Minjok (Baemin) has fully implem ...

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Dongwon Industries to Fully Acquire Dongwon F&B, Restructure Global Food Business
Reporter Kim Jisun 2025.04.15
[Alpha Biz= Kim Jisun] Dongwon Industries, the holding company of the Dongwon Group, announced that it will restructure its busine ...

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Baek Jong-won Faces New Allegations Over Improper Meat Handling at Barbecue Festival
Reporter Paul Lee 2025.04.14
[Alpha Biz= Paul Lee] Baek Jong-won, CEO of The Born Korea and one of South Korea’s most prominent celebrity chefs, is facing yet ...

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Meta Invests 77% of Revenue in AI—Kakao Lags Behind at Just 3.6%
Reporter Paul Lee 2025.04.14
[Alpha Biz= Paul Lee] South Korea’s major tech companies are significantly trailing their U.S. counterparts in terms of investment ...

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Over 5,000 Insurance Claims Filed After Massive Wildfires in South Korea’s Gyeongbuk and Gyeongnam Regions
Reporter Paul Lee 2025.04.14
[Alpha Biz= Paul Lee] More than 5,000 insurance claims have been filed in the wake of massive wildfires that recently swept throug ...

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Shinhan Financial Group Announces KRW 3 Trillion Share Buyback and Burn by 2027, KRW 1.1 Trillion Dividend for 2024
Reporter Paul Lee 2025.04.14
[Alpha Biz= Paul Lee] Shinhan Financial Group has announced plans to buy back and retire KRW 3 trillion worth of its own shares by ...

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Coway Sues Cuckoo Homesys Over Alleged Design Infringement of Ice Water Purifier
Reporter Paul Lee 2025.04.14
[Alpha Biz= Paul Lee] Coway has filed a lawsuit against Cuckoo Homesys, claiming that the latter infringed on the design of its ic ...

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Daishin Securities Lowers Target Price for CJ Logistics on Weak Q1 Outlook, Maintains ‘Buy’ Rating
Reporter Kim Jisun 2025.04.14
[Alpha Biz= Kim Jisun] Daishin Securities has revised its target price for CJ Logistics downward from 130,000 KRW to 110,000 KRW, ...

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Lotte Corporation Acquires DTC Genetic Testing Firm Theragen Health as Subsidiary
Reporter Kim Jisun 2025.04.14
[Alpha Biz= Kim Jisun] Lotte Corporation announced on the 11th that it has incorporated Theragen Health, a company specializing in ...

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LG Electronics to Expand U.S. Manufacturing with New Appliance Line in Tennessee
Reporter Kim Jisun 2025.04.14
[Alpha Biz= Kim Jisun] LG Electronics is planning to add a new home appliance production line—including refrigerators—at its facto ...

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MBK Partners Chairman Personally Guarantees $44 Million Loan for Struggling Homeplus—Critics Say It’s Not Enough
Reporter Paul Lee 2025.04.14
[Alpha Biz= Paul Lee] Byung-Joo Kim, Chairman of MBK Partners and the majority shareholder of South Korean retail chain Homeplus, ...

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POSCO May Join Hyundai’s U.S. Steel Plant Project as External Investor
Reporter Kim Jisun 2025.04.14
[Alpha Biz= Kim Jisun] POSCO Group is reportedly considering joining Hyundai Motor Group’s planned U.S.-based steel mill project a ...

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WEMIX Foundation Responds to Delisting Risk Following Hack: “Actively Communicating with DAXA”
Reporter Kim Jisun 2025.04.13
[Alpha Biz= Kim Jisun] The WEMIX Foundation, facing the risk of delisting from domestic cryptocurrency exchanges after a recent ha ...

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HD Hyundai Group Considers Acquiring Subic Shipyard in the Philippines to Expand Southeast Asian Production Base and Enter U.S. Navy MRO Business
Reporter Paul Lee 2025.04.11
[Alpha Biz= Paul Lee] HD Hyundai Group is considering the acquisition of the Subic Shipyard in the Philippines to expand its South ...

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E-Mart to Buy Back and Cancel 28,000 Shares Worth 37.2 Billion KRW to Enhance Corporate Value
Reporter Paul Lee 2025.04.11
[Alpha Biz= Paul Lee] E-Mart announced on Thursday that it has decided to buy back and cancel 28,000 shares of its common stock, w ...