The US International Trade Commission(ITC) again postponed the final ruling on a lawsuit between LG Energy Solutions(formerly LG Chem’s battery business unit) and SK Innovation for infringement of trade secrets on electric vehicle batteries until February 10 next year.

Kakao partners with Alifish of Alibaba Digital Media & Entertainment Group in China to accelerate Kakao Friends’ entry into China.

KT announced that ‘3BB GIGATV,’ developed by providing its Olleh TV platform technology to 3BB TV in Thailand, has been commercially launched.

SK Telecom take steps becoming a world leader in semiconductor market, which is expected to grow to about 50 trillion won in 2024 by launching the world-class self-developed AI chip for the first time in Korea.

According to the “Financial Market Trends in October 2020,” released by the Bank of Korea, bank household loans increased by 1.6 trillion won last month, showing that the increase was larger than in September, when it had slowed for a while.

On the 6th of this month (local time), LG Electronics releases LG K92 5G, a low-cost 5G smartphone, in North American market.

Korean Air recorded sales of 1.5508 trillion won and operating profit of 7.6 billion won in the third quarter of 2020, and continued operating profit surplus following the second quarter despite the difficulties caused by Corona 19.

According to the ‘Trends of Resident Foreign Currency Deposits in September,’ released by the Bank of Korea, resident foreign currency at foreign exchange banks amounted to $85.45 billion last month, a decrease of $3.89 billion from the end of the previous month.

Netmarble will launch its first console game, ‘Seven Knights -Time Wanderer-’, which utilizes ‘Seven Knights’ intellectual property rights(IP), globally on November 5.

Samsung Electronics announced its provisional results for the third quarter of 2020, with sales of 66 trillion won and operating profit of 12.3 trillion won on a consolidated basis.