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Reporter : Kim Bo-eun
Sun, December 3, 2023 | 03:05
Game developers suffer setback amid telecommuting
Attention is growing over whether major Korean game developers will see further inconveniences from telecommuting amid a fourth wave of mass COVID-19 infections here. Game companies have enforced the strictest level of their work-from-home policies for the next two weeks, having all employees work from home with the exception of a minimum number of staffers needed for essenti...
4th COVID-19 wave to have limited impact on financial markets
The government's plan to introduce the toughest social distancing measures next week took a toll on the local stock market, Friday. The benchmark KOSPI closed at 3,217.95, Friday, down 1.07 percent from the previous day's close.
EcoPro, POSCO Chemical looking to overseas plants
Local battery makers' moves to set up production bases in fast-growing overseas electric vehicle markets is prompting battery components suppliers to follow suit. The battery manufacturers are on track to build new factories in the U.S. and to expand plants in Europe because of the growing battery demand from global carmakers.
Moon vows Korea will become 'battery powerhouse'
President Moon Jae-in said Thursday that his government would use all available policy measures to ensure that South Korea becomes a global secondary battery-manufacturing powerhouse by 2030.
Chip supercycle heavily benefits Samsung in Q2
Booming demand for semiconductors amid the prolonged COVID-19 pandemic was a major driving force behind Samsung Electronics' earnings for the second quarter.
[Reporter's Notebook] Time for game regulation to be revised
Korea's law that bans minors from playing PC games during night hours has long been disputed. The law went into effect in 2011, with the intention to help prevent those under the age of 16 from losing sleep by staying up late playing games ― an activity that can develop into a serious addiction.
Samsung Display union caves in, ends protest
Samsung Display's union ended its protest against management over wage hike levels, Monday, two weeks after staging a partial walkout. The end of the protest comes as a relief for the Samsung affiliate, given the group is highly sensitive to issues regarding unions.
ICT minister supports taxing global platform corporations Google, Netflix
Korea's ICT minister on Monday welcomed the global movement to implement a “digital tax” and vowed support for the tax being collected from global platform giants such as Google and Netflix.
Korean Air to help reduce cosmic radiation exposure for flight crews
Korean Air has vowed to help reduce cosmic radiation exposure for its flight crews, to better protect their health. The airlines company's pledge came after a meeting with its union, June 10. The company said it will enable flight crews to manage their flight routes according to the amount of cosmic radiation they have been exposed to.
Samsung, LG to see strong earnings in Q2
Samsung and LG electronics are set to continue displaying handsome earnings performances through the second quarter, backed by rising memory chip prices and booming sales of household appliances and TVs. Both electronics giants achieved record profits in the first quarter of this year, bolstered by growing demand for IT devices amid the COVID-19 pandemic. They are set to unve...