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The Korea Times

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SCMP
Asia

The Korea Times

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Tue, March 28, 2023 | 08:35

OTT service providers negatively impacted by illegal streaming website

OTT service providers negatively impacted by illegal streaming website

Netflix, Wavve, Tving, Coupang Play and other over-the-top (OTT) video streaming platforms are suffering due to the illegal streaming site, Noonoo TV, as their respective paid content can be easily viewed for free with just a few clicks, presenting a big obstacle to the country's growing media industry, according to industry officials Monday.

Baek Byung-yeul | 2023-03-20 16:55

Will Samsung Electronics resume large-scale buyouts by acquiring Rainbow Robotics?

Will Samsung Electronics resume large-scale buyouts by acquiring Rainbow Robotics?

Samsung Electronics has been seeking to conduct large-scale buyouts for years and the company's recent purchase of shares in Rainbow Robotics, a robot development company, is drawing attention, according to industry officials, Monday. Samsung Electronics virtually stopped its corporate acquisitions after acquiring Harman, a U.S. automotive electronics maker, in 2017 for 9 tri...

Kim Hyun-bin | 2023-03-20 16:47

Hyundai Heavy wins $207 mil. gas ship order in Middle East

Hyundai Heavy wins $207 mil. gas ship order in Middle East

Hyundai Heavy Industries, the world's leading shipbuilder by orders, said Monday it has received a $207 million gas ship order in the Middle East.

2023-03-20 16:26

Can FKI regain status as leading business lobby?

Can FKI regain status as leading business lobby?

The Federation of Korean Industries (FKI) succeeded in bridging Korea-Japan economic ties by hosting a meeting between major business conglomerates in the two countries last week. The heads of four major Korean conglomerates, including Samsung Electronics Chairman Lee Jae-yong, took part in the FKI event, which signaled a resumption in the role of the business lobby group aft...

Kim Hyun-bin | 2023-03-20 16:20

Google, UT concerned about Korea's antitrust policies

Google, UT concerned about Korea's antitrust policies

Foreign business representatives expressed their concerns over Korea's antitrust policies during a meeting, Monday, with Fair Trade Commission (FTC) Chairman Han Ki-jeong and members of the American Chamber of Commerce in Korea (AMCHAM).

Park Jae-hyuk | 2023-03-20 16:02

Seoul event to promote Busan's Expo bid

Seoul event to promote Busan's Expo bid

The government will hold an event to promote Korea's bid to hold the 2030 World Expo in Busan next week, according to the industry ministry, Monday. The five-day event will be held at the Gwanghwamun square, Seoul, ahead of the visit early next month of a delegation from the Bureau International des Expositions (BIE).

Lee Kyung-min | 2023-03-20 15:51

KAIST student becomes first Korean recipient of Apple Scholars fellowship

KAIST student becomes first Korean recipient of Apple Scholars fellowship

Lee Sea-nie, a second-year doctoral degree student at the Korean Advanced Institute of Science and Technology (KAIST) has made the list of 2023 recipients of the Apple Scholars in AI/ML PhD fellowship, a program for developing excellence in the fields of artificial intelligence and machine learning, according to the university, Sunday.

Lee Kyung-min | 2023-03-20 08:55

SK, Corio join hands for global offshore wind power projects

SK, Corio join hands for global offshore wind power projects

SK oceanplant CEO Lee Seung-chul, left, and Corio Generation's head of Korea Choi Woo-jin pose at the latter's office in Seoul, Thursday, after signing a memorandum of understanding for their cooperation in global offshore wind power projects. They agreed to carry out six projects in the U.K., Australia, Taiwan and South Korea with a combined capacity of 6.8 gigawatts. Courte...

Park Jae-hyuk | 2023-03-19 16:38

Number of int'l flights recovers to 70% of pre-COVID-19 level

Number of int'l flights recovers to 70% of pre-COVID-19 level

As the number of international flight passengers is rapidly rising to pre-pandemic levels, domestic airlines are scrambling to expand international routes and add more airplanes to their fleets. According to the Ministry of Land, Infrastructure, and Transport, Sunday, the number of passengers on international flights stood at over 4.5 million in both January and February, con...

Kim Hyun-bin | 2023-03-19 16:29

Land minister fortifies city building cooperation with Indonesia

Land minister fortifies city building cooperation with Indonesia

Minister of Land, Infrastructure and Transport Won Hee-ryong has met with top policymakers in Indonesia, in a move to fortify cooperation in the areas of mobility, infrastructure and city building, as well as overseas development assistance (ODA) in the logistics, aviation and transport industries, the ministry said Sunday. The top transport policymaker is on a five-day trip ...

Lee Kyung-min | 2023-03-19 16:14

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Top 10 Stories

1	ANALYSISTesla, BYD's price cuts unnerve LGES, Samsung, SK

2	Yoo Ah-in appears before police over alleged use of illegal drugs

3	US aircraft carrier to visit Busan amid NK provocations

4	Families of foreign construction workers can receive retirement pay: court

5	Korean crypto investors want Do Kwon punished in US

6	Indonesian investment minister promotes EV cooperation with Korea

7	Nongshim plans to build plant in eastern US region

8	Gimpo-China flights recover to pre-pandemic levels

9	Right-wing Japanese support Seoul-Tokyo ties: Korean envoy to Japan

10	Local bank stocks hit by shockwaves from SVB, CS collapses

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