(Korea) A Seoul court made a decision to send a Samsung executive to prison for allegedly attempting to break up a labor union at Everland, an amusement park run by the company.
Samsung Electronics denied media reports that the company has sold one million Galaxy Fold smartphones globally since the introduction of it. Meanwhile, Samsung is expecting to sell 500,000 of the device.
Naver Financial, a financial platform operated by Naver, is estimated to have attracted $683 million of investment from its financial partner Mirae Asset.
Delivery Hero, German company that owns a food delivery app Yogiyo, has agreed to acquire Baedal Minjok, its main Korean competitor run by Woowa Brothers. The German company will acquire an 87% share of Woowa Brothers.
South Korea’s export shipments to Japan tallied $9.4 billion in the period from July to October, marking a year-on-year 7% drop. Japan’s export shipments to Korea dropped 14% in the same period,
Korean investors are estimated to have spent $304 million on SRI (socially responsible investing) funds this year.
(source: The Korea Herald)