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SEOUL -- South Korean internet giant Kakao's operating profit more than doubled in the fourth quarter of 2023 from the same period the year before, as the company's founder shakes up its leadership after a corruption scandal.
SEOUL -- Samsung Electronics Chairman Lee Jae-yong, fresh off an acquittal in a high-profile corporate malfeasance trial, wasted no time last week in displaying hands on management, foregoing a traditional South Korean holiday to inspect the company's operations in Malaysia.
Tech Latest by Nikkei Asia brings you the newest updates from Asia's technology industry. In this episode, Alice French talks to Seoul correspondent Kim Jaewon about the status of disgraced Terraform Labs founder Do Kwon, and the latest on Samsung chair Lee Jae-yong's fraud case.
SEOUL -- South Korean prosecutors on Thursday appealed a Seoul district court ruling earlier this week that found Samsung Electronics Chairman Lee Jae-yong not guilty of stock price manipulation and accounting fraud.
SEOUL -- A close associate of the cryptocurrency fugitive Do Kwon was extradited to South Korea on Tuesday, the government said, as authorities continue to pursue the founder of startup Terraform Labs in connection to the collapse of the Luna and TerraUSD stablecoins.
SEOUL -- Hyundai Motor eked out a gain in operating profit in the fourth quarter of 2023 from the same period the year before as electric vehicle (EV) sales slowed and unfavorable foreign exchange rates weighed on results.
SEOUL -- SK Hynix swung to operating profit in the fourth quarter as the memory chip industry rebounded from a long slump and demand for semiconductors used in artificial intelligence jumps.
SEOUL -- Samsung Electronics plans to launch a smart ring later this year as it ramps up its mobile health business, looking to become the world's first major tech company to roll out such a device to track fitness around the clock.